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No trades today. As I said yesterday, I'd only take setups within the first 2 1/2 hours to avoid getting caught in any of the FED-related trading. In another thread I posted: "Is there anything to be gained by me posting the daily account statement from one of my two accounts (minus...

Is there anything to be gained by me posting the daily account statement from one of my two accounts (minus account and trade identifiers)? If there is, I'll start a daily posting. I just figured that anyone that doesn't believe trade postings done within a minute of entry/exit is probably going...

I guess my answer would be no. Double tops and bottoms with divergence is used in my advanced method. The ADX, entry criteria, stop loss criteria, and followup after entry are all completely different. I tried to adapt the basic approach to it but it didn't work.

No more trades today. I think tomorrow is a FED meeting. If that is the case then I'll only be looking for trades during the first 2 1/2 hours. I don't want to get caught up in any of the FED news. Hopefully we'll see some clearer signals in the near future. On a note about seeing the...

I guess this was a trade that should have never been. Hopefully we'll get some clearer signals so that everybody can see the same trades.

1. ADX crosses above 30 at 10:55 bar. 2. Divergence wasn't very clear. Started at 11:00 bar and was the last down bar. 3. Entry at the beginning of the 11:10 bar (first up bar after divergence confirmed). Buy at 975.00. SP open was at 974.70 so there was some slippage. Keltner width was 7.18...

MY 1050 bar has a low of 973.20. The 1100 bar has a low of 973.00

Exit at 978.25

Put in a limit order to exit at 978.25. I don't know how long this going to go up and I wanted to get in the queue early. Probably just nervous because I had too much coffee to wake up today. No lunch yet, so I'm going to make a sandwich.

Very frustrating that we pay for realtime feeds and they look different. This entry didn't have any downward momentum after the low was breached and divergence confirmed. It bounced pretty hard. If my entry would've been at or above 975.75, then I wouldn't have taken the trade as it...

Here's the setup I was looking at on the SP.

Long from 975.00 stop loss set at 972.50.

I now have a volume divergence and price confirming by the low taking out the low bar since the ADX crossed 30. Next bar not setting a new low will signal the trigger to enter long. I have a Keltner range of 7.18, so stop loss will be 2.50 pts.

ADX above 30...no volume divergence.

I guess our datafeeds aren't lining up today. I showed the SP high as 984.70 at the 935 bar with the ADX at 29.01. Then on the 940 bar I have the ADX crossing above 30 and the price not setting a new high. I guess they'll be different opportunities for each person depending on their datafeed...

I like to see the trade progress in a order. The first is the ADX crossing above 30. Once that happens I look for a new high or low in the trend with a volume divergence to indicate continued momentum. Then I look for the first down bar to give the entry signal. It didn't happen this trade and...

I missed the trade . I like to see clear signals. In this case I wanted to see a new high (with volume divergence) after the ADX went above 30. It didn't happen and the 935 bar was the first bar to not set a new high. The trade didn't give a retest and got down to the exit point at the 1015...

What quote vendor are you using? Your quotes don't look anything like mine. On your 905 bar you have it as a inside bar while I've got it touching the high.

Looks like I missed the original setup. ADX crossed 30 at the 940 bar. Divergence had been going on for a few bars and that was the first bar down. I like to see divergence confirmed after the ADX crosses 30 to see a clear signal. It didn't happen this time. Maybe I can get in on the retest (if...

Here's a pic from the SP.