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    Keeping It Simple

    So far the third trade is going nicely. The first one was no good. The second one was great, and this one seems real good too. I love my new Caddy! I would like to add volume bars down at the bottom, but I'll have to wait until Jerry Medved makes that possible for me. Banker BTW all...
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    Keeping It Simple

    Corallus, Well at least you were open minded enough to try it. I attached a chart of ES so far today. 3 signals, 3 trades so far. Banker
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    QuoteTracker

    How's the volume on the forward contracts? What's the new symbol for TWS and QT? I really should know these things, but I don't. Thanks in advance, Banker
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    Keeping It Simple

    Is that really true? Prove it to yourself. Put a 5 or 6 period EMA on your 1 minute bar or candle chart. Look at the signals for both. There may be a small difference, but is that really worth being jolted around all day? To me, it's not. If making an extra tick or two is worth the hassle...
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    Keeping It Simple

    If you wake up each morning knowing that you going to travel down a very bumpy road (the market), do you take the Jeep out of the garage or the Cadillac? I take the Cadillac. My reasoning is that the road leads to the same place either way. I might as well have a comfortable ride. Banker
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    Keeping It Simple

    I see the average relationship of the candle structures. They are smoothed out for me. I'm not in a rush to be the first one in or out of a trend or structure within a trend. Trying to catch the top or bottom tick(s) will end up costing you dearly in the long run. I traded for years with...
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    Keeping It Simple

    Corallus, Since the definition of trend I'm using is so vague (a general or prevailing tendency or course) it just made sense. Why get all stressed out over individual bars or candles? The real point to trend trading is riding a trend, and that doesn't require seeing each little detail...
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    QuoteTracker

    It turns out the problem is Medved Quote Tracker. It for some reason stopped sending my orders to IB's TWS program. It still takes the streaming prices though. Strange. I realized this morning when my orders wouldn't go through, that the problem must be QT. Sure enough I entered orders in...
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    Keeping It Simple

    I don't know if anyone is paying attention to this thread anymore, but I worked on following my rules. I decided it was best if I didn't know individual prices anymore. So I removed them from my chart. In their place, I inserted a short exponential moving average. Now I trade on the average...
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    IB your service is terrible

    Strange stuff. I trade my IB account using Medved QuoteTracker. Each day to trade ES or NQ all I have to do is use the integrated trading in the QT program. Today, I tried to buy and sell contracts multiple times, but nothing goes through. According to my TWS bulletin, GLOBEX has been...
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    Keeping It Simple

    I ended up doing away with that strategy. It had some serious problems. The strategy tried to force the market or stock (whatever is being traded) to follow certain rules. If I have learned anything in the years I have been at this, it's that the market does not follow rigid rules. Sure it...
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    Keeping It Simple

    Yet another rule: After morning trading, get out of the market between roughly 11 AM to 1 PM CT. Do something else. When returning, take a look at the big picture (whole day chart, or maybe even a two or three day chart) to determine the overall picture. Then go back to my "microscopic"...
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    Keeping It Simple

    Very true, without that rule, one could be tempted to TTMR like you said earlier. Which is really not the best way to get as much of a trend as you can in most cases. I have thought of a few other rules. I'm going to try and put it all together this weekend. Meaning, modifying the original...
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    Keeping It Simple

    Another "rule" that I have involves when I move my safety net stop with the trade. Basically what I try to do is, well for example this morning. I entered long at 897.25 (8:41 AM central time). I placed the initial exit stop at 894.50, just below the higher swing low I was basing my trade...
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    Keeping It Simple

    I thought of another "rule" which I have used with success. I didn't include it in my original written strategy, because I didn't see how it would fit in properly or logically. As it turns out, I am not good at writing strategies which can be followed by anyone not willing to use discretion in...
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    Keeping It Simple

    Passedout, When looking at the chart you attached, you have to ask yourself: Are the swings clear to me? If the answer is no, you have to abandon a strategy based on timing trades to swings (at least for that particular chart). It could be that the trading vehicle you chose has a...
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    Keeping It Simple

    As it stands now the ES is stuck in what I call a trading range between roughly 904 and 910. The question I have to ask myself is: Would I really take the signals from this SAR w/ a twist strategy at this point? Personally I wouldn't. The risk/reward picture in my mind is not "worth it" to...
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    Keeping It Simple

    Is attached. I can mark the swings and trades etc. if anyone is interested. Banker
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    Keeping It Simple

    That trade ended at 9:25:30 at 905.75 as a stop and reverse. Initial exit stop entered at 907.50 (buy stop on the new short) Stopped out for a loss at 9:33:45 On and on it can go. You don't have to always play the stop and reverse. If your intuition or whatever "tells" you that the...
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    Keeping It Simple

    Passedout, I would be happy to. If you could please resize the chart making it more square than rectangular, that would help quite a bit. For today, all times central time. ES .75 minute per bar chart. My interpretation. I started my chart at 8:06 AM. It does not backfill for me...
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