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Jack Hershey, I went back and reread your prior post (soak this up). Ok, Can we talk about the Stochastic indicator for a brief moment in time? Specifically you are using the fast line of the Stoch 5-2-3 as your signal line as it crosses the 50% level? Exactly, what does the slower...

Jack Hershey, That was an excellent post and I understand it and appreciate it. Thank You!!! Your correct in: I do have "bias". I am trying very hard to trade with no bias and a neutral mind. (this is very important). Also in my defense: I have posted my entry points on my charts...

Jimmy Jam, I totality agree with you!!! I have learned more from this series of posts, all 2000 of them than I have ever learned from a book. This kind of communication between traders is what makes "ET" such a great site. And...I've learned a lot from your posts also...

Jimmy Jam, I looked at your chart. I just think their is a more accurate indicator than the Macd 12-26-9 on the YM 2 minute chart. The Macd 5-13-6 is more accurate. The Stoch 5-2-3 is more accurate. snarlyjack

Jimmy Jam, Nice talking with you! I am a big believer of "getting in, making your money, and getting out". Then regrouping. I personally do not like reversal systems. (but that's me). I do not like pushing the envelope. I would prefer to take the meat out of the middle and leave...

Vienna, With Trader28 and Jack Hershey help we have been able to develop a system (see my chart on page 336) that can be used in 2 different way's. 1). As a stop and reverse system (Jack Hershey). 2). Or...get in, take your profits, get out system (Trader28). To be very honest with...

Ok, Just a couple of comments... 1). Let's say we want a simple system that makes a ton of money. And that is very accurate and works the same way every time. (That is what were trying to achieve). A). SMA2 + 2 horizontal shift. (very accurate) B). 1 indicator (Stoch or Macd)...

Jack Hershey, We are in agreement. Thank you for your help!!! We want to make money as efficiently as possible. But also with a system that is easy to understand and works the same way everytime. Then let the odd's play themselves out. Before we could do that we had to set our...

That's what we were working on... Buy: 1). The cross of the EMA1 and SMA2 +2s and 2). The cross of the Stoch 5-2-3, 50% line. Sell: 1). Cross of the 1EMA and SMA2 + 2s and 2). Cross of the Stoch 5-2-3. (not the 50% line) were still determining the exact stoch sell...

Vienna, Check out my chart. A sample of Friday's, YM, movement. I use: 1). EMA1 to see where actual prices on the bars is. 2). Sma2 +2 horizontal shift. 3). Stoch 5-2-3. Pretty simple, pretty clean, pretty accurate. Let me know what you think? snarlyjack

Vienna, When I really started studying Trader28 system and talking to him, the Kwikpop indicator is a large part of his system. Trader28 trades the ER not the YM (different settings). I started playing with the "kwikpop indicators" which is what Trader28 system (early buy/sell ) is...

Vienna, Way to go, I understand exactly what your talking about!!! Ok, we have narrowed our preferred indicator to the Stochastic 5-2-3. (That is great news!!!). The next question is...Should we set our sell (liquidate), our position on the stoch 5-2-3 cross. Or our sell at the cross...

***In my mind we are perfecting the YM, 2 minute chart*** Trader28 trades the (ER). Some of us (me) trade the YM, $5. mini dow. I really like Trader28 system!!! But I felt like I was getting whiplashed on the YM using macd 12-26-9 What to do? Tweak the settings a little bit...

Hawthtrader, I know!!! That's kinda where we are now. Trying to simplify our little (SPM) to get all our indicators in synch. (buy and sell) Then determine what indicators we want to keep and determine which indicator or indicators to get rid of. The problem is: Right now...I...

Beeflover, I totality agree with you... But just a few comments. 1). I have found that you can get 7 points at least every hour trading the (YM) with very little risk. (7 x 5 = $35.00 an hour. or 35 x 6 hrs a day = 210.00 a day) very little risk. 2). I would like to...

Well...the good news is this!!! I for one am very glad that I spent the time I did on "Simple Profitable Method". Thanks to Trader28 and all you guy's I've got it!!! I can make a living for the rest of my life!!! Maybe not millions...but enough to keep the wolves away... So here is...

Mo06, Thanks for the "R' value. Very good idea. It will tell you how your doing on risk value term's. Thanks snarlyjack

Sweetdeez, If you look at my chart, you will see a moving average going through the prices. But this is a special moving average, not just any run of the mill moving average. It took Trader28 5 months explaining it to me! Certain programs have "kwikpop" moving averages...It is...

Mo06, Good question, what was the Profit to risk figure? I have no idea what it was... or how to figure it out. Profit to risk...(?) It would be great to know this!!! (should I take the trade or not depending on the profit to risk #). Please explain how do I figure it out...

Enclosed is a picture of the 1st trade of the day. 12,645 (short) 12,625 (liquidate) 20 points, = $100.00 Sweetdeez, If the bottom starts to fall out... Wait for a pull back over the SMA3 +2 horizontial shift, then when it starts dropping through the M.A. place your short...