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Next one should be at 12:42 est. It is 12:17est now. Walter

It is based on past experience with trendlines and market geometry. Right now is 11:41 est and I have signal at12:02est. If my filters will indicate favorable conditions I would enter trade. I usually do not initiate trade after 12:00 but others might. Walter

DO NOT GIVE HIM ANY BOOKS ! Show him different timeframes, let him pick two indicators, 2 MA's and let him papertrade Bonds and DJ. Then introduce supp/res. You will be surprised what clean mind can do. Walter

Technically , yes . In the light of recent end near future events, everything might turn upside down, watch Wednesday morning for some news. Walter

I would like to point out the obvious. If there is a war ( finally ) with Iraq , my analysis will not be , most likely , accurate as it would be in normal market conditions. Walter

This is a very good system. If you add 14-3 Stochastics divergence as a filter together with lower time frame, it might be excellent ES system. You should publish your discard pile , I bet it would be an interesting reading for a people interested in system trading or developing. Walter

In the past i have traded, and have seen traded, numerous mechanical systems and none of them had the same performance results as when backtested. Results were invariably 10-20% worse as far as profits go. I do not know your experience as trading this system with real money but I was...

If your system doesnot have at least 70% of winners, I do not think it is suitable for a new trader. Walter

Trendlines are showing me that Wednesday around 13:40est, there should be a significant trading opportunity in making. Your present method will tell you what to do ( or not to do ) . Is somebody's cycle or other analysis saying something similar ? Walter

I would be also interested in results. Was this system ever backtested ? I saw several RB systems backtests and it would be interesting to compare. Walter

wally, Did you summarize your method somewhere where I could read more? You have a good understanding of substance of price movement . walter

Exactly, intersections of trendlines that is all, not astro stuff at all. Walter

Wally, This is how I started to do cycle analysis after I saw Gully's posts on old MIF forum. It is a good way to start, but one should stay out of market from 12-1:30 if not experienced. Walter

Would you give an actual example ? something like XZS at 50, sell 52 call 3 weeks to exp ? Thanks, Walter

Free country isn't it ? I can post my trading related posts and you can post your nonsense. It is not my problem what you get and what you do not get, it is probably genetic in your case. My post are for a traders who want to improve . Wally and others contributing their thoughts on...

Thanks, I will probably just do couple more days , I will take a fishing trip for a couple of days next week. Talk to you guys on Monday Walter

Thank You, You are absolutely right and you have a common sense ,which is as you can see in very short supply on this forum . if you TA tells you to go somewhere around posted time, do it with small stops and chances are you will be 80% correct. You have to pick trades and take just...

You guys want everything given to you under your nose with stops and everything. Unreal . If you missed 11:35, daily high, you have gotten another chance at 12:10, you must be blind or blinded ... Of course you are not sure where my line is coming from, you have never seen anything like...

Are you telling me that you could not make up your mind on direction of trade at 11:35est ? If that is the case , you have lot to learn. If not, explain your ambiguous question. Did you missed a boat at 11:35 at daily high ? Walter