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Trade 2 Price hit the lower band volume diverged on the slow chart went to the fast chart noticed RSI divergence and volume divergence (that may be redundant) entry: 880.50 stop loss: 974.25 target: 899 (figured that wouldn't be hit due to time running out in the day, so...

Hi, interesting and I'll look further into all that as time goes by. Not sure how many set ups this method will create. I guess we'll see. I don't even have concrete rules yet to know how many trades this will generate. I do see what you're saying though about systems that are not very active.

Screen: 5 Minute bar chart (slow chart) Volume - Looking for volume diverging with price (sign of direction change) Keltner Bands (2,20) - A Measure of volatility that allows me to start looking for an entry and set a stop loss 1 Minute bar chart (fast chart) - So I can look for a...

I'm going to try my best to use this journal to collect my thoughts and put together something to attempt to extract profits from the big bad ES contract (yes, the ES! :p). A few thoughts... - It seems the handful of known pro equity traders on this board say that trading the ES is...