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This is the tricky part of this method. Entering right at the cross would have been very risky in this situation, imo.

Really. SEC are you paying attention?

lol. They probably wouldnt let you in anyhow.

Have you ever considered moving here old boy? I'd like to move to California so I could start trading at 6:30 and be done by 1:00.

heehee. He does behave himself on THIS thread.

Price has not closed below the 3sma since the 9:58 bar. That is a nice move.

Nice long on YM.

If you are referring to those black arrows those are not trades but a proprietary indicator that he uses.

Mo06 I understand what your saying but for me the relation of the slopes, etc. to the zeroline is a critical factor and is much easier, for me at least, to see on a separate space.

Sure. Set it up.

No zero line.

I hope to move up to the ER2 eventually but it is not a good market to learn on, imho. The most important thing when learning is to keep losses small. If I had $25000 I would practice on spy or dia.

What happened? You were so happy a few minutes ago. Its been a good day for the system.

] I like it to. Its just that I feel so used.:)

I really think 10 points is about right for pm trading this system.

You better get over to the scalpers thread snarly. Our beloved mentor has taken your bb bands and is touting a 1 min. system over there.:D http://www.elitetrader.com/vb/showthread.php?s=&threadid=79971&perpage=6&pagenumber=3

I went long at 15:07:17 at 12929 when we took out the high. I am starting to get away a bit from anticipating the cross. Later entries but better percentage.

Are you serious?

That last little PTB was nice.

I think I need two exit strategies, one for the morning and one for the afternoon. Definitely need to go for smaller targets after lunch.