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Today we did have our First pt 3 for the new long IT. My first time carving the IT:cool: Very Kewl. Another thing i have been starting to pay attention to is stocks having a successful BO on days where we switch to a long or lateral IT from a short one. Just some thoughts.

BA trader, As I do not enter the market until after 9:45, i pretty much missed the boat also. I ended the day flat. I am thinking of starting to position trade the ES as right now it would yield me more profits than what I am doing intraday. Today yielded a good example in which position...

I have our second pt 3 for the down IT as the HVS during the greenspan. We then broke it this mornign to start our long IT for the next 6 to 8 days. I am looking for a retracement in our long IT before it traverses to the left side.

this is prefect centering between the IT right line and support of the FBP made yesterday. I anticipate a traverse too the left side(1080) if the news is bad or the creation of a new long IT.

Draw a lateral channel for the day, it is possible to slalom it until the FOMC. That is unless volume kciks in and breaks the lateral channels for continutaion.

Looks like we are gaping up at the open to the right trend line. We will see if it breaks it and creates a second pt 3 today. I also wanted to rephrase something i had said earlier in this thread that i think was not clear. The longer term Accumulation/Distribution depends on the slope of the...

I have attached the current IT trend. David, i noticed that you did not enter Paltalk. I hope everything is goign well and hope that you come back when Jack gets the "ok" from the Doc.

looks like the current IT right line held. I think we may break the right TL tomorrow morning and create a second pt 3 and go into ccc for the FOMC. I think we will break the right trend line for a second pt 3 because the FBP failed at the end of the day but you never know. One of these days...

Thanks for the detailed reply. I find that having the right "context" can be very helpful in staying relaxed during SCTing. It gives me perspective that allows me too ace ends of trends. I like the use of IT's being 5-8 days. I have been looking through past IT's and have found that they...

My objective for this thread is to help learn how to determine the difference between a reversal of an IT trend or the creation of a 2nd pt 3 for the current IT trend. My overall game plan is to swing trade the ES using the IT trend channels and short term trade the left and right traverses...

Could you also maybe go into this statement more. I am finding that the IT channels take precedence over many things and are very imporant to really clean up in trading. The big picture for me is to really jsut clean up on the traverses of the IT channel. The shorter time frame stuff should be...

I just had a few questions regarding the paragraphs above. You mention definate squeeze or stretch has been in place "longer" than any other indicator. Could you explain the time variable "longer". Does the squeeze stretch come before the BO of centering and for how long is it telegraphing...

I watched the Ari Kiev video and see that having goals can be extremely helpful. The only gripe i have is that beginners didnt have any rocket signals this morning. You are slaloming as an intermediate/expert in my point of view to reach your daily goal. I am not taking away from your great...

Right now i have a short IT trend starting yesterday morning. Pt 1 and 2 are 11:30 and 1:30 yesterday. Pt 3 is 3:30 yesterday. We made a full traverse this morning and look too be pushing our way to the right side. Afternoon BO should be interesting. For the Afternoon BO i am looking for a...

Yes Grob. I appreciate it. I am trying to confirm your entries and exits with my macd sequences. I am going to whistler thursday but i hope to see you back in the chatroom health permitting. Thanks.

Larry, I appreciate your response. I just had a few questions if i may. Are you using the oscialltions the same way as i described above or is there another way you are using the macd? I can understand you not giving away your system if you dont want to. I applied your macd settings(hope you...

Currently, I have my MACD set at 5,13,6. I was wondering if anybody uses the divergence of the MACD lines and Price for intitiating trades. What i am specifically intersted in is the oscillations of the macd lines compared to the oscillation of price. What i have noticed is that when the...

Today, we tested the lower side of my IT trend in the ES. We bounced right off of it at the 1:30 5 min bar. I knew there was an IT right line there but i was not sure if it was going to cruise through it or bounce off of it. Coudl you maybe explain how one would use an anticipatory way to...

We were talking about gaps and overnight trends. Not daily trends. We closed last night at 46.3 in the ES and opened at 49.3. That is a nice 3 pt play for a overnight gap.