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oops, should have read Sept 07 contract. trading and typing leads to errors (thankfully, not on the trading side today, lol).

2 caveats: 1) Er2 as a trading vehicle is questionable in the future, as ICE has picked up the contract. 2) The high profits generated by the 15 min bar break-out are for the Sept 07 contract only. The previous 3 contracts had small losses using that strategy.

If you want to knock down the number of trades per day, just require the c>13ema for longs and c<13ema for shorts This knocks out 30-40% of the trades and, of course, will bring your $ profits down, but the win/loss % is about the same. These types of scalps are all about being able to...

Sorry, I was looking at each side as 10 per day. Both long and short will average about 20 trades per day. Remember, this includes a run where you might have 4-5 bars in a row, each one exceeding the h+.20 or l-.20 entry after having pocketed $50.00 on the previous bar. There are...

believe it or not, you can take any 15 minute bar during the pit session hours and put a buy stop at h+.20 and a sell stop at l-.20 with a $50.00 target and a $100.00 stop and have done very well over the past 7 weeks (ER2 only). Of course, you must use market bracket or some other auto...

What you are seeing is "classic" hedge fund trading. Once a 10 day low in taken out....many large hedge funds start to unwind, of course, their biggest problem is "who do we sell to?". The answer is "no buyers". Now they must start buying up the 10 and 30 yr to "hedge". Classic...

Thank you for proving my point. I would suggest that you see if you can become a winning trader rather than typing up rumors ala one of the market rags that has the latest news on Paris Hilton's two headed baby. LOL PFG NEVER solicited me after I recieved the document. I have accounts at...

If there is one thing we all know from these and other forums: Not all losing traders are crybaby's, but all crybaby's are losing traders. I've met hundreds of traders, but I've never met a winning trader that was obsessed with slamming others. These crybaby's are so silly that they...

Yea, it's really crappy trading 5 lots in the er and only netting 15-20k per month. I sure hope I can continue to pay my bills on 200k per year before taxes. LOL...

You must log-in to see the charts and stat sheets. http://woodiescciclub.com/forum/viewforum.php?f=57&sid=94c0754830f3b64ba885cb5976b67a12

Yes, he is up nicely. I do an all in all out exit on my trades and am up quite a bit more than his stats. He is exiting 1 lot at a target and lets the other one ride. Over the past 6 months, there has been quite a lot of improvement to qualifying the entries and exits and to keeping...

oops, here's the chart.

Your logic is a little faulty. You say "the market isn't static"..."You can back-test...". All you have stated, which I agree with, is that testing short term trading systems is futile because the markets change over time. Why do you think people like Larry Williams continuously come...

Isn't it funny how, many people can read the same thing and get the opposite out of it. I always thought, and still do, that the ZLR was basically a strategy to trade a continuation pattern (flages, etc). In fact, I believe Woodie makes that pretty clear. I'm almost positive, at least...

What a nice day to watch the markets. The floor traders at the cboe and the iom pit are just wringing all of the option premium out, so they can buy em back at nice profits. LOL I needed to make some money today, so I went back to my pivot point trading. I am lucky to be up a couple of...

Time zone is eastern standard time, same as new york 3/5 means 3 winners out of 5 trades or 3 for 5, etc.

Yes, as I mentioned yesterday, the YM has been a lot cleaner than the ER these past few days. It, also, depends a great deal on your stops, targets, etc. A .10 move on the YM is $50. If that were the goal, we would have a much higher percentage of winners on the ER. The problem is, you must...

Yep, I just bailed on my last position at break-even. Here's the numbers: at 1:30 3/5 +2.5 at 2:30 4/9 +1.70 at 3:30 4/15 -4.30 For the week Mon: +2.4 Tues: 0 Wed: -5.00 This is net using $5.00 cm. In reality, I had some of the trades where I was +1.00 and put a break-even...

This is much easier when not trading during the lunch hours, as I knew it would be. Without the 11:30a-1pm trades...3/5 and +2.50 points. All lunch would have done was gone 2/4 and +.30. I'm, also, keeping an "eye" on using the 9/18 ema as a directional filter per trader28's previous...

LOL