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yes, and there were some indications: The whole week has been choppy (except for the Monday after thanksgiving holiday) so it was time for a trending day. Personally I expected the trending day to happen next Monday or Tuesday but then when I saw price reacting strong on ISM index exactly at 10...

More than anything IMHO it is important to determine what market we're in. T28 method is trend following method so there must be a trend/some volatility. Too often I try/tried this method in the wrong market and on the wrong moment. How do we know it will be a trend day? - higher highs...

Very nice post. Ivo

Is anyone interested in trading this system/exchanging ideas about this system together in realtime via an IRC channel or so? Just an idea. Would be helpful for me so maybe also for others. regards, Ivo

Duh..... what's this and who cares about the PM's from T28 to kiwi_trader? Regards, Ivo

I don't understand why peope make calls like this. Even experienced trades do. It would be reasonable to say that you think s&p has topped (after all it's a game of probabilities, no one knows what will happen). But how can you be sure? regards, Ivo

Hi Ivica, I like your journal and way of trading. Thank you for it. I was asking some questions in PM but then I realised maybe this may also be interesting for other readers so I will just post here. How do you open the position? Do you use a stop limit order when the price reaches your...

Are you sure about not trading the first 30 minutes? Lately there have been good opportunities right after the opening. I have been trying the Trader28 strategy succesfully trading IWM (the ER2 ETF) and would like to ad something. I like to use the T3 indicator in combination with the...

Mmm. I have the same problem and find it hard to solve. You have to differentiate between getting the trading signal and when to enter (entry signal). Not every signal is tradable. It's is very hard to get a signal and not to enter right away because we're excited and have been waiting whole...

We will know the reasons later. regards, Ivo

I found this to be useful: To focus on what a stock doesn't do. Get out if it doesn't do what you thought it would do allows you often to get out at a good price or even with a small profit. regards. Ivo

You probably already gave the answer. As soon as the trade goes agains him.. Ivo

Yeah right. This is the exact way of thinking that is part of the troubles (stating that muslims are stupid). Why do you offend others (especially in something as personal as religion)? Just because you have the freedom to express yourself doesn't mean it is smart. In fact, that is what I call...

Individual geopolitical events do not affect the markets other than that it may accelerate of decelerate what's already going on. What goes down goes down. However, looking at the big picture: Currently having three fronts with the muslim world (Lebanon, Iraq + Afghanistan) is not good for...

This book is a big piece of crap. Nothing to learn about. It just keeps on talking about trend following how good it is. Lot's of statistics not about trading but about how much money other people made following trends. It's just defending trend following all the time but never explains how...

I don't like people, I like computers. They do exactly what you tell them to do and are always there. People are impulsive, manipulative, selfish and moody. I do like my wife and son though.

This is also what I notice. If resistance seems very obvious (everyone can see it!) then expect a breakout (wait for confirmation 1st). Usually on the 3rd of 4rth test of resistance level this happens. When it seems too obvious to be true usually "something" happens (breakout or fake breakout)...

I use IB's papertrader. regards, Ivo

I disagree here. It all depends on how serious you take it. I have ambitions to be a daytrader and I feel that papertrading has helped me a lot so far, especially to realize how hard trading is. This is because my rule is to ONLY go real trading when I am consistently profitable. So...

Thank you. So why not trade futures if you like this strategy and your broker doesn't let you. BTW last Friday one would have made a lot of money trading this strategy. Of course this doesn't mean anything. Ivo