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Since you are using the 3/10/16 you are probably familiar with LBR's first cross setup. There is a lot of resemblence to this method but Im finding I prefer the default macd as there seems to be less noise. The 3/10 does cross a bit sooner but Im not sure thats an advantage.

Even without the divergence there were still two very clear shorts after the down move started and the cross.

Good luck. The problem I have found is that it is extremely hard to predict your reward. The stop is easy but how do you know how far it is going to run? You can use fibs, equal moves etc. but I have a hunch they will only be right about 33% of the time.

My understanding is that when an institution wants to purchase a large position in equities they will buy the futures first to hedge the expected slippage so it seems possible to me that the futures could lead the cash at least temporarily.

I trade NQ, YM and ES depending on which one is doing what for the day. Given my druthers I will trade the YM first because of the spread. NQ is next and ES last but when one is significantly stronger or weaker than the others I will go with the flow. In certrain situations I like ES because it...

Ive always heard that gridlock was good for the market which is probably what we will get.

The big difference here is that 1999 is still fresh in peoples minds. Much easier for the fear factor to creep in, imo..

I am looking forward to it.

I dont know how many people are buying but I do know that very few people are selling and until that changes we are going up.

It took me a long, long time to stop trying to short highs and buy lows but its the best thing I ever did.

Cnbc is useful. When there is a spike in the futures I turn it on to find out what caused it.

I have a five gallon tin and have been throwing my change in there for several years. Its just about full and I need to get another one. Have no idea how much is in there. Figure I will need it some day.

I like to see those gaps. I suppose you can watch both but, for me, too many different things leads to indecision.

First you said to look for a range expansion day today and then you said you were shorting at 755 which you had been waiting for, for quite awhile. Kind of hard to follow your logic, bud.

The truth of the futures market is that at any given time half the people are wrong. I agree that there are lots of things that could go wrong but Im looking for longs until I see some evidence to the contrary.

If this was a parabolic move I would look for it to end sooner than later, but this is not a parabolic move. It has been a slow steady climb for the last three years. Why do so many people think its going to suddenly reverse without a major event of some kind? If and when it ends I would think...

You shorted that swing high at the high tick? You must be psychic. My charts show the high occured at 11979. Wonder why our charts are different?

You guys just dont get it. The guy is a comedian and is spoofing us. Nobody is that dumb.

no problems here

Exactly. A rule driven system that worked off the rules alone would be worth a lot of money and probably would not be shared. In spite of my occasional ragging I kind of like this little system and am still following it on paper.