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...while ES was having a bullish catapult on 0.5x3 and an ascending triple top breakout on 0.75x3 chart.

You have answered my question. I like your failed double top/bottom setups. They sure are YOURS. I named them HG Bull/Bear trap! A traditional or classic Bull/Bear trap is basically a failed triple top/bottom break, yours is a double. It happens more often, is good for intraday trading...

Thank you, but what about the entry rule? http://www.elitetrader.com/vb/attachment.php?s=&postid=1850304

Is failed double top/bottom breakout/down an exception to the rule, or you have different rules on swing and intraday trading?

Mark, I don't know that much in this regards, but if you open up those codes you see a big loop that processing the High and Low of a PF bar, without that the whole bar may only has one big X or O. Sorry this is off topic here, pm me if you need more info. I use one minute, RTH, 0.5x3...

Hello tao, Amibroker can draw a pf chart, but you do need to reprocess the database. I actually 'borrowed' and modified Graham Kavanagh's code for my own use, you can find those codes in the Library area.

AmiBroker

I posted that ES chart in realtime. Just for comfirmation, do we have the same looking in this 0.5x3 chart? Please post yours if they are different. (Others are invited also.)

Called "Shake out" Pattern too. But I think a BSR looks like this...

To keep things going. i call this a HG bull trap.

Those are short term swings, pullback to b/e will stop me out. (Unlike BBH or UPS, ESRX has a history of being a creeper.) The horizontal count seems more logical to me also, but I have never used it, I still like to use traditional bar chart to find S/R lelvels, stops and targets. There are...

I bought UPS, ESRX and BBH today. TMA has also been projected to go 0 for some time now. Without backtesting data, I just don't know how much we can trust this "box counting" method.

Thank you HG, I read that somewhere else before and I thought he meant something else. Great job, BTW

Give us some details, could you?

Yes this could get pretty ugly.

Here is the chart I'm looking at.

This looks like a good place to close shorts.

How about stocks like goog bidu aapl?

You can't compare the 2-week trading with the 1.5-year testing. If you have to, zoom in the 1.5-year into 2-week period, in that you may find situations that are worse than what you currently experiencing. Long term PL looks good only because it is LONG term, the details could scare you and...