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I appreciate the chart with the illustrations. Using the 5,2,3 50% is really great when the conditions work for the slaloming indicator. Sometimes though like yesterday starting at around 3pm, the indicators do not work and actaully gets you whipsawed. What happens is under certain...

I was hoping if you could tell me if I was learning correctly. I do not expect you to give me fish. I just do not want to get stuck doing the same thing wrong for a prolonged period of time. Iterative refinement to me means learning correctly. When you say compare and contrast, i wanted to...

Thanks for the indepth charts and analysis. I had one question regarding sitting out when volume is below a certain level. On bar 44, you say that you get short and hold. What is the difference between bars 45,46,47, and 48 when you are sitting and holding the short compared to bars...

This week has been very low in volume in the ES. It is almost as if we are centering this whole week for the longer term trends. Is this a precursor of a big move next week? Just curious as to what you guys think.

Your effort should be in trying to understand the market. Following Jack's steps should lead you there if you take it step by step. 1.Trade fast paces only using rockets. 2.Trade slow paces using icebergs as a way to elongate rockets. Need to know #1 first. 3.Use a timeframe above and...

Here is something that I think will help you out. Backtest the 5 min rocket in conjunction to where the 15 min stoch is. For example, If you enter a rocket on the 5 min and it gets into a rocket on the 15 min, see what would have happened if you would have held until the 15 min stoch exited the...

Hey man, I have no beef with you. Fractal is another word for timeframe in my book. If you read Elder as you state, I would have thought that you would know I meant timeframe. Sorry that you have beef with using fractal instead of timeframe. I really hope you dont show this much...

I use Jack Hershey's setting for indicators. I also use his "fractal signal" on the 5 min. In answering your final question: When you get a 5 min signal for a possible trend, the 15 minute could be showing 3 possibilities. A trend in the same direction, a trend against the trend direction...

I use the 1, 5, and 15 minute fractals for my trading decisions. The Signals for entry are on the 5 minute and i use the 1 minute for timing my entries. The 15 minute gives me the "probablility" of the 5 min working out. When the 5 min signal for a trend works and gives a strong trend, you...

Dont be sorry that you dont understand. I have been where you are and see where you are coming from. Have you read Trading for a Living by Dr. Elder? IF you have, can you enlighten me on what you find wrong in his logic. It would be great to discuss. We can learn from our difference in views...

I just wanted to share my revelation as a former edge trader. I use to be an edge trader that used the 5 min fractal on ES for my edge. Sometimes it would work and sometimes it would not. I traded for a good 6 months before coming to the realization that edge trading was not the way to go. I...

Up and running.

MBtrading down again. Glad I am flat. Hope others arent taking it in the shorts.

Grob109, I have been having minor problems and was hoping that you could guide me. I really appreciate all the effort you put in each of your responses to everyone. I also wanted to let you know that everyone in Paltalk wishes the best for your health. Summary: I am able to recognize...

Daytrading to make money is not the end goal. The ultimate goal is to be a trader to make enough money that would allow one to pursue the things you want to do. I want to give financial safety to my family and give back to society. You can make enough money to give to charities and GIVE BACK to...

This is for the people who use stochastics with a setting at 14, 1, 3. A rocket is when the fast and slow line are above 80(75) or below 20(25). I am really excited at what might come next week. I have been looking into longer timeframes and see that their may be some good volatility in the...

Using the "rally attempt analysis" in William J. Oneil's book How To Make Money In Stocks is a good indicator for timing the cycles of the market. This allows us to time the cycles of the stocks better. Currently, my buy list is APPX, DJO, GIVN, INSP, PMTI, NPO, JUPM, BCSI, and CYTC...

Is your trading style dependent on the overall market sentiment or independent of what the market is doing? I see that most stocks you pick are strong stocks that cycle. I have a similiar strategy that looks for stocks with nice cycles in their Intermediate Term trend. The only thing is they all...

Here are a bunch of stocks i think will make a 10-20% move over the next 2 weeks. Lets see what happens. APPX, DJO, ELBO, GIVN, IPXL, PMTI, PRST, AFFX, SIE, TNM, NPO, BCSI, CYTC, HUBG, BHS Maybe you guys can help push them up for me. hehe JC

It is a poorhouse way to trade. The key is having the big picture "context" and when the signal is worth taking and when it isnt.