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I didn't mean to imply that a logarithmic scale was bad or anything. A normal trend line on 80 year old data may work, but not these "over the river and through the woods" kind that ammo drew, IMHO.

But S&P 500 was not computed until 1957 -- how is it you have data before that? I appreciate the value of academic intrigue here; but do you really think a loosely drawn trendline on a logarithmic scale chart going back 80 years to data before the index was even computed has much of any...

You mean (1) why is it different at all, (2) why is it trading below as opposed to above, or (3) why is it trading five points below, as opposed to say two points below?

closed for +1 tick on each unit

SIM long 59.00 2 units

bleh, out 59.50 -2 ticks

SIM long 60 (edit: 1 unit only)

Yes he was the one who came to TL making the claim, which I backtested, and given the rules he gave, showed it was a dead end approach. However, with a more relaxed set of criteria, perhaps it would be different.

There's always enough top and bottom pickers to provide liquidity for trend continuation ammo! I think you noted this a few days ago, and yet we're at new highs today.

Yes that was my analysis :) A well known vendor made similar claims to what is posted here, thus I am more familiar than I want to be with this concept. One thing I dislike about time-bar based concepts like this (can't really call this a strategy can we?) is that at 10:29 the market could...

Okay, so the criteria is this, correct me if I'm wrong-- I'm assuming we're above value at the open: OPEN > Y-VAH BAR1.LOW < Y-VAH AND BAR2.LOW < Y-VAH I am not clear on the criteria for market opening inside value, and then trading outside value, and then trading back in. If it opens...

I encourage you to do some analysis on this to verify that. Specifically, do portions of the 30 min bars have to trade inside VA, or does one of them have to close inside? What portion of the second 30 min bar must trade inside the VA, or is 1 tick enough? If you give me specific criteria...

out of the rest at 55.50 edit: totals 4 units, total points 8.25, average per contract +2.06

1/3 off at 55.50 one unit remaining, target 53.75 stop to 57.50

reduced 1 unit at 58.00, average now 58.75, stop at BE ... likely to get stopped but y-high not failing quickly enough for me.

added short 58.00, average 58.75 moving from hard stop to mental one here, and plan to exit around 60.00 if it goes against me

Stop to 59.25 on rest ... battle here at yesterday's high, rather get shaken out and re-enter than risk a stopout for a loss on a run up to the high. target 1/3 55.25 target 1/3 53.75

Target 1 filled 57.50, +1.50 Stop on rest to 60.00 (BE -1.00 per unit)

stop is 62.00 Target 1/3: 57.50 1/3: 55.25 1/3: 53.75

SIM short 59.00 stop above HOD