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Here is what i did: 11:05 bar stoch(15.79, 21.14) macd hist -0.5 low of bar 865.00 ---->SHORT SIGNAL (below 25 on 14,1,3) with the low of day right below 864.50 and today had been a range day so far. I waited until the low of day was broken. Short @ 864.25 11:11 Cover @ 861.25 12:01...

1. i am not using the 'next 5 min bar'....the 5 min bar that CLOSES with a reading of higher than 75 on the 14,1,3 stoch. that is the bar i am looking at. i don't enter during the bar b/c many times it is above 75 during the bar and reverses downward. i tried using the 1m. but it screws me up...

I just wait for the 5m to end and enter of the hgih of the bar to keep it simple. i do not think jack ever said anything like this specifically. so far it has kept me out of a lot of losers.

you are using the wrong contract. you should be trading june es03m. that may be the reason for the vol problems. my setup qcharts 14,1,3 stoch 5,13,6 macd i wait for the 5m bar to end and enter above the high if long and below low if short if we are all using the same settings...

well if i am going by the definition of a rcoket: macd hist above/below +/- .4 and stoch above 75 below 25. there were several reading as noted in my post. If no one esle had these reading let me know b/c my indicators are messed up then. :confused:

Well returned from vacation and today really sucked. I am going to start fresh and just take it like a beginner. As always, feedback is welcomed. My beginner trade ENTRY criteria both lines above 75 or below 25 and a MACD Hist reading +0.4 or -0.4. Exit: look for stoch above 25 or...

4 trades -3.75 on the day have not been able to post the last couple of days as i am getting ready for vaction. be back next week hopefully with a rested and focused mind. going to completely unplug from the market for first time in two years and recharge the batteries. good luck to...

wow. some real good info posted. thanks for for responses. i was definitely not looking for point 3 for channel formation, and didn't look at the 1m...was too concerned with my losing trade. the graphs and info put a real good picuture of what to look for in the future. thanks for all your...

Jack: today's 11:00 trade: i saw and entered, but the following happened: 1. at 11:50 the stoch(70.00, 80.32) AND (isn't this an exit signal for a failed rocket?) 2. the low of this bar was taken out AND 3. this 11:50 bar was ALSO a 5m MACD XO AND 4. at 11:52 the 1m XO Zero so...

Jack is always talking about sequences and i think this i what he is talking about. in a short rocket----->1m MACD Divg. (9:51 and 9:59)---->1m MACD XO zero(10:00)---->5m bullish engulfing bar---->5m MACD XO (10:00-10:05)---->5m MACD XO zero (10:20) the rocket fails but this turns into a...

Went back and reviewed today's trades... 1. Enter: short @ 822.25 9:45 stoch(17.65, 22.55) macd hist: -0.806 low of the 9:45 bar 822.50. So short on the break 822.25. 1M Chart: When the mkt makes a new low at 9:51 the 1M MACD is making a higher low (warning sign?) and the mkt makes...

can someone go more in depth with the 1m. I have really no idea what to be looking for when i should not be getting into a trade. I can use it when i am in a trade a looking to exit. I am going to review the trades from last week and try and observe what was going on with the 1m to try and...

I did 4 trades, passed on the last one (2:45) and was -3.00 on the day. For the week -2.25. Just chopped to pieces the last two days. -6.50 last 2 days. Crapola. :mad:

Today was the first day I felt out of synch was a little distracted and it showed in my trading. 1. Entry: 10:57 short @ 819.75 Exit: 11:16 cover @ 820.50 -0.75 Day: -0.75 Week: +3.50 Reason for entry: 5m 10:45 MACD Hist: -0.47 5m 10:50 bar stoch(3.70,25.08) entered short below...

Yesterday I only did one trade for +.50 as i had computer problems in the morning and then qchart problems in the afternoon. 3-4-03 1. Enter: 9:48 Short @ 830.75 Exit: 10:17 Cover @ 828.25 +2.50 Day: +2.50 Week: +3.00 Reason for entry: 9:40 5m bar stoch(15.00,17.04) MACD...

"You can see by now that the 5, 13, 6 is kewl. For Alian and others, I want you to use the fast peak and xover as reversals when you have good convergence between the two line between peak and xover. Reversals are go9ing to take you into the congestion always. Use MACD to reverse through the...

Jack I am confused on how you use the term 'wash trade' do you mean for example: enter a short at the top of a channel like today (2-28) near 846.50 or so and exit near the bottom of the channel' or do you mean entering and exiting at the same price. Basically fading support and resistance...

tampa i had no idea what to do...it was like middle of the day, but it is a clear setup...doh! i think what most important is that you don't get burned entering under these setups and if there is any rally/selloff you will definitely be in for it. It's like single, single, strikeout...

Well I didn't take the opening trade although at the 9:45 5m bar Stoch(97.56, 88.08) MACD Hist:0.43 b/c all of the economic numbers at 9:45 and 10:00 spooked me. This trade cleared the 9:45 high when the economic came out and was all over the palce and so i passed. Looks like it was a winner of...

not sure. jack needs to clarify those things. You enter a trade and you have no idea whether it will be a rocket or an iceberg. Not sure how the internediate handles it. dawg