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Need help. Will somebody please tell me what is going to happen to my charts tommorrow on the YM and ES. Thanks in advance:D

I will take a look at this, but other than DT's and DB's don't look at anything else. What chart. What day. ES?

Just another reversal signal on the pivot from the lowly 1M chart today that was good for 10 points. I can certainly understand why the big boys think this is a waste of time. :D

This thread is really a little funny to read after the day is over and we can look back and see what happened. Hell, none of us know what's going to happen. I love this game.

Is that you MOHAN?

We're here for you flash. Scientist made some good points. Learn from it. Write it down. Commit it to memory. Forex is tough. EUR/USD will likely be jumpy while the Saddam thing is milling about. Reminds me of the time I gave the Forex Gods a lot of my money betting on a short war in...

You are welcome. I hope it helps. Another good day on the 5M chart. The Holy Grail Trade signaled the reverse pivot buy today and a good old VTDT signaled the sell pivot.

Problem is you can't plan for that, unless you use my contrarian system which is very simple. Once I figure out what to do, I just do totally opposite whatever it was I figured I'd do.:D

Do not trade against the 5M chart. Trade the 1M with the 5M.

Agree.

Reminds me of the time I was in the Life Insurance business some years ago. The trainer was an agent who was basically a failure, so they put him in management to teach. TIP: Use this board as your teacher. Filter what is necessary. Do not discuount the value of the members here. Most are...

Difficult for me to compare me to you, however, I would encourage you to look at you 5M chart carefully. Do you see the small DB that formed three bars before you sold? This was my buy trigger and my charts indcated that the area you describe was a normal resting place for price. Those...

Life is changing all around you. You probably used to buy and hold too. Rememer when Pabst was a strong brand. Embrace change. Try Predicting the weather in short time frames and you will be more successful with the results. You could trade using the Farmers Almanac. Think they did predict...

I wish someone would do a study to see how many strong trend days and how many "up down days" there has been in a recent time period. I don't have the foggyist how to do it efficiently. Move up is definitely coming. Have you looked at the hourly chart of the ES. Looks like a dragon head...

Give me some more detail. How many points booked before you got out? Which trades? What do you mean "looked so weak"?

So how do you change your strategy on strong trend days?

I did take a break. Going on vacation again for a while soon. It is just too much to keep up the journal in real time. I will try to summarize, just will do it in a daily thread when I do. How have you been doing? Did a summary today. Check the trading forum. Plug for the 1M Charts

Here's the conversion formula for the MACD if you need it for your charting platform Here is the formula: 2/(N + 1) = alpha Example: 12 days 2/(12 + 1) = .15 Going the other way, use this: N = (2/Alpha)-1 Example: .15 (2/.15)-1 = 12 days (rounded)

Hell why didn't I just answer your question Stochastic 5,5,2 Plot only slow %D MACD .80, .30, .50 Only the signal line is plotted On longer time frame charts I also overlay an 8-3-3 stochastic on the 5-5-2. I have found one to lead the other and has helped me with my timing on the...

Yeah it was. What makes you say that? Trying to figure out how to identify days when it will work.