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I think I misread your post initially as " ..may need many years of wine to wipe that image away .." But I do like Floor Trader Method and slowly incorporating it in my trading system.

Why not look at Donchian channels ? And read the Original Turtle Trading System. Their website is now charging a *suggested* 29.95$ donation. But if you google it, you should find the free PDF file on first page of the results.

Not trying to hijack the thread, but those interested in moving avg (and cross over systems), should also look at this method. http://www.trading-naked.com/FloorTraderMethod.htm I dont know if it has been discussed before or on ET. Thanks Mudit

T28, You have a great trading system and no doubt you make money using it. But I've to add that it has more discretionary element to it then simply watching the crossover. Otherwise, you can pay someone to write an ATS and let it trade for you while you sleep peacefully at night. There are...

WarEagle, I did raise the point earlier but T28 says that it doesnt matter and he will take the position in the middle of the bar. But that is based on his discretion and we cant back test that. [See my posts on page 36-37]. Thanks Mudit

I think thats where your discretionary trading kicks in when trading the signal befor the bar is finished. I think its ok to trade based on a 2min bar, but probably not reasonable when looking at say 15-60min bar. For 2min, it probably may not matter that much. But I'm bringing out the...

Hi First post here, so please be gentle :-) Question for Trader28, when do you exactly enter on the last bar ? Say, the bar started at 11:00. So, the completition time is 11:01:59. The last bar was from 10:58 to 10:59:59. As per the last closing price of this bar, the MACD line is...