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opm8, It's way too big to post, and would only make sense to Matlab programmers. PM me is you want a copy of the source code in plain text. I've promised to e-mail it to a few folks in the next few days. I'm tidying up the code as we speak.

whitser, Ahhhh, that's this Ben guy! I've heard about his call. I've just signed up for a free trial. Much appreciated.

Whitster, Great first post on ET. I'm going to add a line chart to my screen and watch for TICK "hooks". Excellent point. In the days before the internet you would call your floor broker and tell him to hold the phone up so you could hear how much noise was coming from the pit at critical...

Hi FuturesTrader, You're absolutely on the right track, but I'm not exactly sure how to articulate my thinking. Perhaps if I give you an example you will understand my convoluted logic? Take the YM. My VP starts on 1/12. This was the start of the preceding intermediate swing down (to 1/20). So...

fader, Thanks for clarifying that for me. Your explanation makes alot of sense. Now I know!

Yesterdays action looked pretty constructive and we closed at the highs, although the afternoon rally was not on large volume. However, all three indexes are now sitting right below critical levels so let's see if the market has the cojones to break higher. We probably will not sit at this level...

Here' something from MP theory that I've never completely agreed with. We left a tail yesterday on the ES (chart below - cells EX136-144) in the "G" period. The theory is here that prices get marked-down to a point where selling is shut-off. That is, the price is so far out of whack with...

hi fader, I've actually covered this a few times, but let me give you a quick description. On a double distribution day Steidlmeyer's VA algorithm often results in a VA that spans the distribution incorporating prices that were part of the range extension (single or double prints). To me this...

mr.marcus, Or maybe that should be mr.newton. Thanks for confirming my suspicions. bolter

Hey Guys, A bit premature for a tearful farewell, I did say I wouldn't close it down for a week or so. But anyway many thanks for your kind words. Believe me, I have benefited as much as anybody has from this thread. Thanks to you guys for your input and participation. LMeyers - Risk/Money...

Sorry Slacker that was a bit harsh. As far as buying at the LVA what you need is not another indicator but a healthy dose of "belief". Take yesterdays action on the ES - it looks incredibly bearish as it's approaching the LVA and you think there is no way this will turn-around - right? Well...

slacker, If I have a bullish bias for the market I will reverse from short to long at the LVA almost always, providing I am confident the LVA is still just that. I've covered the indicators I use in some detail. I don't know what more help you need than these to pull the trigger, but I do...

I'm really pleased with the way this journal has progressed so far. It has really helped me to crystallize alot of my thinking and the rigour of making a daily call before the open has kept me honest whilst paper-trading this month. It has been nothing but constructive dialogue. Thanks to...

Runningbear, No they are volume peaks from the longer term VP, without any regard for the VA whatsoever. This is the VP before todays action. If you study this carefully you'll understand exactly what yesterdays action was all about and how forseeable it was.

Hey PaperTrader, You're my star pupil! Good for you.

rsuhart, I know this stuff can get confusing, but believe me if you work with it for a while it starts becoming instinctive. The way to trade with MP is as follows: - Determine if a VA is currently established. - If so you want to buy when the market is in the lower end of value, and...

Sometimes the way the market action plays out it feels like fishing in a barrel. As I said pre-market the key thing to watch today was the old high on the YM (red line on YM chart). We bounced right off that level (to the tick), which coincided with an overbought CCI (+200) , TICK of +1000...

Ragincajun, The worst Aussie impression I've ever "heard" mate!

PaperTrader, That really depends on the trade itself. If it's purely an opening play (eg: gap fade) then usually I'll pull them by about 10:30. If it's an initial bias trade, I'm usually looking to get filled in the am, and will yank them by about 12:00. Other trades I'll leave all day. For...

Here's some levels to watch on the YM. We have S/R at 11000 and 11050, and the recent high to test at 11090. In fact that is probably the key thing to watch today in the markets, the YM high, assuming we get there.