Search results

bobcathy, Just wondering how long a history you have with this and how it has performed for you? Make 'em pretty, Chris

DraXon, Curiosity, do you trade off the charts you are showing, with no indicators? That is the position I would like to be in - simple. Make 'em pretty, Chris

OOOOOPs heres the chart. Again part of my problem!! Make 'em pretty, Chris

traderkay - Somewhere back I stated that 60% is not good enough - at this point I do not have the same doubts as you about hitting 80%....But time will tell. As a side thought dropping the target will improve the percentage. 11 Trades 10 winners (91%) for a total of 7 points = $297.20 I...

Be very, very, happy it was not the standard flaming arrow! Is that a veiled threat? I heard him ask. Yours Truely, DblArrow ( as in two ) P.S. A commisson check can be sent to the proper location to ensure your safety while trading.

OOOOPs, sorry, Didn't see the daily part (part of my problem). No, I do not have a daily stop as of yet. If there is a set up I will take it. The next setup does not know how the last 1 went or if I am down $300 or not. As a side - while I am here - I am done for the day and took 11...

And of course with IB's new "can't open a position with less than $2,000, even though the margin is $1,781" rule, Soon as you hit $1,999; you had better wire them some more. Make 'em pretty, Chris

Oh most certainly!:D Stop is always set at 1 point, immediatly (if not sooner) upon a filled entry. On occasion I may move it to 1.25 if the hihg/low of a bar so dictates, and also on occasion may move it up (trail) as I did with my BIG winner yesterday! Make, em pretty, Chris

Thanks OVERtheLINE, appreciate it. Make 'em pretty, Chris

As this is December and I have other commitments for a portion of the day I am only trading the first couple hours. For this week perhaps, if the # of trades stays about what it has been (6-10) in the first 1 1/2 hours, I might go over individule trades for grins and giggles. 7 trades -...

I like this - is it copyrighted or may I plagerize it? Make 'em pretty, Chris

Globex is the electronic portion of the CME. That option will give Pit or electronic. Actually I don't think you get the pit, but the cash. Make 'em pretty, Chris

Traderkay, I have been doing it for about 3 weeks and the results have been 60-80% based on how disciplined I stay. I have found that 60% is not enough to be profitable, but that 80% is enough to be profitable quite nicely. I have not been doing this for a full day yet - primarily in the...

Thanks larrybf, No I have not. (If you do or test it as such please let us know the results.) This is set up as a scalp only for the time being. My idea of a scalp is 1 point or less. I know some folks who consider 3 points a scalp (perhaps most folks do) I do not. I want to be in and out...

Kymar, thanks for your observations, I appreciate the oppurtunity to think over my ideas, with the desire that I am not "refusing to see reality". You are very correct, there are many times when the 5,2,1 is overbought before the Price gets to the BB. These are not signals, they are...

Does this include backing other traders? Some day I would like to try this. Make 'em pretty, Chris (No I am not looking to back anyone now - its just a thought that sticks in my head)

But Ken Roberts told me I could do it with $600!:D :p Make 'em pretty, Chris

Here is that 5,2,1 screen shot. (edit won't let me add) Make 'em pretty, Chris

For me this is yes and no. If I am successfull 80% of the time, I believe any profit is a good trade for me. I have been all through the missed profits and widening stops and targets and what not. I no longer concern myself with what is left after I get out. I know I can walk away from this...

The 5,2,1 must have crossed the 85 for a signal to be valid, once the crossing occurs, what it does from there is of no concern, as the price is the signal. Yes the 5,2,1 will often be below the 85 when the signal comes. If a new high is made, but the stop is not taken out, I will still be...