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Mine is really fast

Thanks jjf- It works for me. However I have had many conversations with local traders who think I'm complicating things but to each his own. It definitely has its merits, specifically for my business plan.

My downside of 1054 was just hit on the ES. 1051 this session opens up 1032.5...However, there may be a multi-day rally from that level...my day has come to a close.

You know I need that bounce in QM to 79.75! Come on! Ha :D

Yeah I love the logical. I am OCD about logic. Yeah there are not many other rules other than sequence, bar construction and the 4th days open...I'll get it out in cyberspace soon.

I started out as a discretionary trader, studied my head off and still do. I found it a natural progression to move "binary" to satisfy my stark business side BUT I love the creativity trading allows me and I still trade with discretion to stay sharp and continue my learning. And yeah-I'm...

Hey Arthur, I have a technique that looks at daily bars in the ES and large volume stocks. It utilizes daily candles from the US RTH only. It starts by identifying 3 lower opens and [when certain logic is applied] it signals a return to the 3rd lower open. We had just that at fridays...

I use guides to just understand what's going on in the ES or a stock. I have counterpoints and friends that actually trade them. I choose not to. They are not part of my entry logic at all. I trade every major signal I have fully automated but I do some discretionary trading as well and they...

I use it as a guide only. Even if I think I know what price is going to do from a guide signal, I wait for an actual entry signal to initiate a trade. I am very disciplined.

Yes I have back tested it. This is not a common occurrence...maybe 3 times a year? its never good for the opposite side usually. Priced last did this, by gapping up April 12th 2010 and it failed to offer huge upside as well as September 8th 2008, which didn't give huge upside. But...

Ok, the ES just opened back up and gapped down on the full contract session. This is not good. As a guide only, this means "probably" weakness in price. So this should be fun to watch.

Can you explain why? I am intrigued.

No it is not a typo and stops are all part of the plan and never arbitrary. I have used 30 point stops but its all relative to range and the trade at hand. The trade I dropped in here is a really reliable signal. It is 1 of many signals today. I have enjoyed your input today Arthur!

The ES is trapping itself into a nice short. If price on the 30m bar doesn't close below 1075 before it reverts back to 1087.50 there will be a sell short at 1087.50, cover at 1075 with a stop at 1097.50. will update as final confirmation occurs (if I can, its sunny out, being drawn outdoors...

Horizon?

But I believe, specific to the ES, if you consistently profited 10 points a week you would be sitting pretty in 10 years. This would allow for the market to have different periods of volatility. You could adjust your money scheme to consistently pull out a specific ROI based on that volatility.

I don't feel publicly talking about exact ROI in here is appropriate. :p ps-It seems you are not set up to allow people to private message you or email you.

I guess what I am saying is that I will be sharing stuff that works but I will stop short of sharing the details of my daily signals. Absolutely, it is all about study and hard work and perseverance. But if you study the wrong stuff and work hard at dead ends you end up there as well...

I would never share a trading model that doesn't produce and keep a trader frustrated. If I share something it will have a great ROI. My threshold is not "return" based. It is 'do I use it' based. I don't trade more than 1 trading model per account. This is part of my money scheme, it keeps...

yeah thats why big players rule price action...volume