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the entries that I previously posted is where I traded. Why? Because we are still in an uptrend with upside room to go. This is a great segway into our next discussion on how to use The Swing Vix in connection with the intra-day SCALP METHOD.

Now that you have seen the 1 min chart from yesterday it should become clear that trading within the overall trend is most profitable on shorter-term time frames. In a Nutshell: Buy the intra-day dips in an uptrend!

Here is an example of how to use this 1 min chart to extract $$$ from the market! Taken from "ES Swing Trade Competition Journal" http://www.elitetrader.com/vb/showthread.php?threadid=26022 -------------------------------------------------------------------------------- Quote...

12-23-03 10:22 AM L 5 ES 1086.75 / Stop loss @ 1084.75 -------------------------------------------------------------------------------- Quote from T-REX: Stop moved to 1092.75 to lock in 6 ES points. L 5 ES @ 1086.75 c 5 ES @ 1092.75 ________________ TOTAL = +6.00 Points 6 X...

Correct! Great observation. We derive our EOD (End-of-Day) price inputs from the $SPX. For all intense purposes you are correct. I meant to post the ESH4 instead. However, this chart will serve our purpose for the time being. I will Post the ES chart later.

Sorry I missed that. I use the SAR along with the MACD to get a feel for the "miniture" cycle withen the current trend. Sometimes the SAR can give clues as to where the market may be headed. This is a little known and less talked about strategy. I will cover more on this subject later on in...

While intraday charts alone can not give the big picture they do however give us insight into the "here and now" of price action. If you missed yesterday's breakout you were given another chance to capture some small intraday price movement to the upside. Contrarian opinion only afforded...

One of the 1st things to notice is that I have two technical indicators with this 1 minute chart. The Stochastic helps to time entries. The MACD helps to monitor price strength/weakness.

by now you should have noticed that there were ample opportunites to make money in ES today. What is the 1st thing that you notice with this chart? Anybody?

Alot of debate has centered around the use of 1 min time frames. Some prefer the use of tick charts. We will not delve into that relm. Some even prefer a longer intraday approach such as 5 & 15 minute timeframes. Let's dive right in!

Here is a sample of the Swing Vix Indicator. This is from Today's Trading Plan.

Here is a sample of the Swing Vix Summary that is included in the daily "Trading Plan". This is also from the 19th Dec 2003:

Now when I post an alert you will be able to understand and follow along. When I say 1st , you will know that I am referring to 1st entry price on the Trading Plan. When I say 2nd , you will know that I am reffering to profit targets. When I say use "Brkout trigger" you will know that I...

Here is a "live" Sample of an actual trading plan issued on Friday December 19th 2003.

1st topic; "How to use 1min bar charts"

The "Mentor" Journal is now up and running. Here is the link: http://www.elitetrader.com/vb/showthread.php?threadid=26145

The purpose of this journal is to examine the different styles of "Intra-Day" market timing methods and provide hands on learning for all those interested in learning one of the most (if not the most) difficult method of extracting money from the financial markets on a consistent basis. There...

Stop moved to 1089.75 to lock in 3 ES points.