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Funny you should mention that! I studied and traded that type of system for a few months earlier this year. I went through the entire March contract and studied every single swing point breakout between 9:30-11:30 AM EST. I made a big spreadsheet showing the maximum possible gain and the...

Another trend I follow is defined by the 285 period SMA on the 5 minute chart. In fact my first profitable month ever came from trading a mechanical system with this SMA (no cross). If you do the math 285x5 min = about 3.5 market sessions. I've noticed some other systems floating around...

Made two trades today, stopped out of both for + a tick! See the attached chart. I was looking for shorts coming in since we are trend down. I was surprised that even if I was looking to go long, the method would not have captured that morning rally off support at 1336. Around lunch time I...

Thanks for the great articles, PG. I actually did a few exercises with the MCWL (Marine Corps Warfighting Laboratory) guys mentioned in the article. Nothing cool like the trading pits though. I made a note of the ISAA (information, sort by priority, act, assess) process mentioned in the...

One last note about the big selloff today. There was a "three-inside-down" candlestick pattern right before the bottom fell out, on the 875 tick chart I posted. How cool is that??

Yes, I've been with this pullback method for 3 or 4 months now, I think. I love it because I've seen how it can work every day, and I just like how it trades. Now I have it on this journal because I feel like i've learned all I can about and am interested in what others have to say about what...

Well don't include me in that group, and I know some others here who don't mind either. Complete b.s. on the author's interpretation. Marines are trained from the get-go to focus on accomplishing the mission, not focus on the mechanics of the orders. It's a common misconception that they...

attached

I just look at the 2000 tick chart (attached) to see the current trend. I use the "higher highs, and higher lows" definition of trend and draw a trend line. I use the 20 period CCI on this chart as a second opinion of trend, since I don't have a trading buddy. When it moves from -100 to...

Great idea. You win.

Hi Breakout, today's chart in .png format, you're right, it's a lot better, thanks. As far as proving things, I don't care. I'm mostly showing my ass anyway. Also, it's impossible to prove because any graphics can be edited.

Hi db, thanks for stopping by, Trading strategies or practicing strategies? Trading: I sometimes take "S/R Setups of the Gods". You know what I mean. They come around every once in a while. E.g. a beautiful decending triangle over 1-2 days. Practicing: I use trading tactics in my...

Well friends, today was the kind of day that I trade for. Due to a recurring situational awareness problem I have (and need to get rid of), I missed the big sell off. Here are the details. This chart shows my second trade of the day. My trend indicators were both pretty neutral, which...

Same here. Someone put up an article on ET a few months back... I wish I could remember more of the details.. but the jist is this: these folks did a study of trader's personalities. They looked for correlations between successful traders and personality traits. They found that most...

Besides practice on the simulator I also like to play a lot of poker. The game is different but you get to practice handling the same emotions. This is very important. It's why today, after that awesome setup, I didn't re-short after I was stopped out with a measly tick. Sometimes in poker...

Howdy Walther, My acid-test for computer speed, for a trading computer, is this: when I send a market order, do I get the bid or ask that I see on the screen? Yes I do. So my speed is OK. About Marine marksmanship: scopes are not used. They can do it at 500 meters with just the iron...

Right now I am trading 2 NQ contracts. Contract #1 objective: capture short term (many times a day trade) market swings. Winners are usually 10-15 NQ points. Operationally, I close this one at the first sign of trouble. Contract #2 objective: a swing trade. I hold my stop at b/e + 1...

The chart was cutoff, but you can see the trade I was talking about.

On second thought it'll be easier if I post a trade and talk about the method as we go. Here's a chart with today's action, just one trade for me (should have been two, missed one). In this case, I am applying the 9-18 SMA pullback method to the NQ's on the 200-tick chart. (The charts I...

Any Marine can pop some fool from 500 meters away EVERY SINGLE TIME. There's a good reason why (see "Practice").