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Another sweet and quick win. I hope this keeps going for you as volatility slows down in the mid to late summer (typically). I know you scale into you trades, but how many ES points was there between your first entry and exit (or last exit if there were multiple exits)? Do you scale out...

What's their margin on ES?

4re - Sorry, I meant that you always have your 15 min BB chart set for 24 hour prices instead of 9:30 to 4:15, not whether you take pre-market trades. I agree about avoiding pre-market trades. Have you looked at using a BB chart with only regular hour trading and found 24 hours is...

4re - With ES hitting 1269.25 in pre-market this morning, this didn't cause you to rethink taking the long at 1269? I'm glad it worked out for you, I'm just curious why you didn't move your breakout level to a bit higher than 1269.25.

Do you always use the extended hours chart for the BB method instead of the regular hours chart? I've been experimenting with both and I'm not sure which is better. Yes, this morning, the reg hours chart didn't trigger that first long that K-rock took.

PFG's BestDirectFast (TradeMaven) froze at 10:30 this morning for about 5 minutes, just as I wanted to enter a short (which of course went on to hit my goal). :mad:

Congratulations on your quick successes these last few mornings. It must be nice to be done so early in the day. :) Does your opening bracket size vary from day to day (perhaps based on pre-9:30 price movement) or do you have a fixed size you work with consistently from day to day?

Romik - How do you gauge a wide range bar formation? Thanks. Sandy

4re - You're not still looking to go long if 1272 breaks?

Volente - I experienced that same problem as 123r34 on that Fed announcement day. When checking with PFG about it, they said that they would upgrade their servers the following weekend, which they apparently did, since I haven't seen that problem since then. When I was switching from...

4re - This is the first time that I recall that you've posted using a calculated statistic (I wouldn't really call it an indicator) to determine a S/R level, rather than looking at high/low points on chart formations. Do you use linear regression very often? What makes you say that the...

I had the same frustrations with Transact/Trademaven in February/March. At the end of March, I switched to JR Futures, which is an IB for PFG. PFG offers Trademaven (with datafeed from PFG), but they call it BestDirectFast. It is exactly the same (just marketed under a different name). JR...

4re - Why did you chose 1284 as the shorting level, instead of say 0.75 below Friday's LOD, which would be 1280.5? Sandy

4XIS4U - Are the color changes simply crosses of moving averages of different periodicity? Sandy

One last question on the BBs: I don't see where you answered about how you exit? Sandy

Ahhhh.....truer words never spoken.....beware of paralysis analysis....and.....all you need is on the (price) chart. After 10 months of pursuing this craft of daytrading futures (after 15 years in swing trading stocks and options), I'm inching my way towards #4. Thanks for the reminder...

Interesting. I'll have to try it. I receive the TTM nightly (almost) e-mails. I bought their CD-ROM a year ago or so, but never went into Hubert's room. Sandy

Monti1a Thanks for the follow-up about pit noise. I know that Hubert at TradeTheMarkets swears by it. I've never listened to it. How do you use it in conjunction with S/Rs? Do you look for a "noise volume" confirmation after a breakout that it will continue? And if not noisey enough...

4re - Regarding the BB method, yep, would have worked great today, but not so well yesterday, depending upon what you used for exits. Are you proposing to still use a +2.00/-2.00 profit target/stop loss bracket for exits on the BB? Or an indicator exit? Sandy

Monti1a - How can you tell if the pit is buying or selling from the sound? I'm sure you can hear the increased activity, but curious as to how you know which way from the sound. Sandy