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here are the signals not taken for today.

rest of today's trade signals that were not taken. To understand this better here are the rules i am using. Look to 1 minute chart for entry. On crossover of MAs on 1 minute look at MACD on 5 minute to confirmation direction of entry. If no confirmation on 5 minute signal is...

posted wrong chart for today's trades, this one should be clearer.

Trades for 12-1-03 Trade #1: Long @ 1064.75, stop @ 1063.00, cover @ 1066.25 +1.5 pts 11:30: Trade was taken slightly late as the MACD on the 5 minute took a while to confirm the signal (i find it is better to wait than to jump in to early and get stopped out) as well as the averages...

To my knowledge no one has asked me to change my system at all, besides porgie (but he does this in everyone's journal, I am pretty sure if warren buffet started a journal here, porgie would ask him to use three to four point stops and look for a three to four point profit target, with no...

Charlestrader Thanks for your input I am checking out some off the stuff you have posted it looks pretty interesting (especially since it is free) although I must admit I am not that big of a fan for entering trades off of divergences, I tend to use them as exit signals more than anything...

Congratulations on your success. Maybe you should get your own journal to post your results in.

When I lose my nerve I go on a killing spree...american psycho style. No really though, I take time off, look at my mistakes from another perspective. I have learned first hand there is nothing worse than trying harder after making some sort of mistake (mark douglas is really helpful in this...

THis is very intereting I had considered the idea of taking my entries from the 3 minute and then using the 5 minute for guidance, I had also considered using the MACD as well. I like the way that you use this setup it looks very intriguing I will have to study it quite a bit before it will be...

If you don't mind do you think you could post a recent trade setup, I would be interested in how you enter and exit ?

I only use the MAs, the reason I chose the vwma was because when compaged to the other MAs i tested it gives a better idea as to the true turning points of the market, also the weight of those turning points. I have only experimented with SMA and EMA, the sma is actually very similar to vwma...

Here are todays trades fror 11-25-03

Trades for 11-25-03 Trade #1: Long @ 1053.25, stop @ 1051, cover @ 1054.25, +1 pt 7:35 I used a wider stop on this trade. I have noticed that around the first hour or so (more on first hour trading later), that i need to use wider stops and be more willing to take profits, the...

Part of the reason that deep blue was able to beat kasprov, was the pure number crunching ability along with time and money put into the machine. IBM literally spent years creating this machine and coupled it with special parts designed just for the chess. The machine does not really act as AI...

Forgot to post chart of todays trades.

Trades for 11-24-03 Well since I missed the morning move there really was not too much for me to work with. Lack of signals coupled no momentum throughout the afternoon could have had me sitting in tiny little chopped up peices right, fortunately i think I did pretty good today considering...

Trades for 11-20-03 Today I really kind of blew it, I only did one trade but I tried to enter early in hopes of getting a better fill for a real quick trade. Not only did the trade not confirm but then i stayed in until I was stopped out, fortunately this was the only trade of the day and I...

Trades for 11-19-03 Slow day for me, not to many trades triggering, morning was a total bust. Trade #1: long @ 1038.25, stop @ 1036.75, Cover @ 1039.75 1.50 pts 10:26: This trade took off real quick but the slope was not there to convince me to stay in it. Would have been nice to...

Trades for 11-18-03 Trade 1: Short @ 1044.5, Stop @ 1046.5, covered @ 1046.25, -1.75 pts 7:17 I really had a downside bias going into this trade however I did not have a wide enough stop, I am finding that these trades in the morning definetly need larger stops to account for the...

Well thanks for your thoughtful reply porgie, Im glad you were really able to help me here. Since commisions are irrelevant, I would like to make an offer for you to trade through my new brokerage. Minimum deposit is only 1,000,000 and our commision schedule is around $400 per side. Our...