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    T-REX Journal - "Scalping 101"

    No not yet but I'm working on it.:)
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    T-REX Journal - "Scalping 101"

    O.K. you should have had "plenty" of opportunity to profit today.:) Today's Trading Plan (A.) 1st target entry: was not triggered. (B.) BreakOut: @ 1126.50 WAS triggered! Today's SCALP METHOD (w/out Trading Plan) (C.) There were "6" 2 Bar Charlie set-ups on your 5min ES...
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    T-REX Journal - "Scalping 101"

    Praise God! Somebody's got it!:D yes.yes.yes. keep up the good work. I caught the initial sell off but decided to concentrate on my Euro Currency position from last night. 200 points and counting!:D :D :D gotta luv dis game.:) Hint. Be careful. watch for the failed...
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    T-REX Journal - "Scalping 101"

    Be alert for unexpected volatility today.
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    T-REX Journal - "Scalping 101"

    I must say that it saddens me to hear you say that.:( I strongly believe that you could have been very successful with this method. But again everything is not for everybody. Perhaps you will be successful with another strategy that fits your individual psychological profile and risk...
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    T-REX Journal - "Scalping 101"

    I apologize if I'm still not making sense to YOU.:D I have really tried both to qualify & quantify my rationale the best way I possibly can. Please forgive me if I'm not the best communicator in the world. :D This method may not be for you. If after my many repeated attempts to explain...
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    T-REX Journal - "Scalping 101"

    I'm really not using them as you might think.:) Basically they look good on a price chart. I ALWAYS trade price NOT your normal standard indicators. I use my own proprietary stuff. The above mentioned just looks good on the chart and helps me to see price differently. thats all. :)...
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    T-REX Journal - "Scalping 101"

    Making market calls IS NOT part of the trading plan. The purpose of the directional bias is to give the trader a reading of market momentum so that he/she might be better prepared to handle the uncertainty of extreme intraday volatilty. Again, my method is "DISCRETIONAL" and not necessarily...
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    T-REX Journal - "Scalping 101"

    Allow me to clarify: Chart Rules. When the 5 min bar crosses above the 40-bar MA = buy. When the 5 min bar crosses below the 40-bar MA = sell. Filters. (Are not necessary but are useful) (1.) Wait for the low of the 60 min bar to close above the 40-bar MA = buy. (2.) Wait for...
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    T-REX Journal - "Scalping 101"

    Quote from T-REX: The market DID in fact trend higher and as a result a new 10-day high was posted. -------------------------------------------------------------------------------- Quote from dbphoenix: A 30m "trend" lasting only a few points hardly qualifies as an "uptrending day"...
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    T-REX Journal - "Scalping 101"

    Please reference my earlier post in response to Friday's trading plan.:)
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    T-REX Journal - "Scalping 101"

    Thank you T-REX
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    T-REX Journal - "Scalping 101"

    Allow me to clarify: 2 Bar Charlie System (Screen & Chart set-up) Tools. Use the 60min Candlestick chart to find current intra-day trend. Use the 5min &/or 1min Candlestick chart to time entry point. Technical Indicators. Use a 40-bar EMA. Use a Stochastic Line Chart (14,3,3...
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    T-REX Journal - "Scalping 101"

    Per the rules outlined in the Trading Plan. According to Friday's Trading Plan where was the recommended short? Remember, the recommended price triggers are given pre-mkt. At 11:15am did not the 5min bar close below the 40 EMA? How does the "2 Bar Charlie SCALP METHOD" tell you to proceed...
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    T-REX Journal - "Scalping 101"

    The 60min Chart should have clued you in that the intraday trend was about to reverse.:)
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    T-REX Journal - "Scalping 101"

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    T-REX Journal - "Scalping 101"

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    T-REX Journal - "Scalping 101"

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    Before you spend $1 on a system read this.

    I think that this is good insight for those seeking to buy a system. Although, by law they DON'T have to furnish you with the above requested information it is good to listen to the reasons as to why? Remember, just because they don't give you the above info that you requested it does NOT...
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    2 Bar Charlie Journal

    2 Bar Charlie System (Screen & Chart set-up) Tools. Use the EOD Swing Vix Indicator. Mark yesterday's High & Low. Use the 60min Candlestick chart to find current intra-day trend. Use the 5min &/or 1min Candlestick chart to time entry point. Technical Indicators. Use a 40-bar...
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