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I am not sure exactly what you are asking here but I would say (and it is only a guess at this point) that it is safe to say that I average 2 points a day 4 of the 5 days a week. The problem I have with figuring this is: 1. if I have a busted trade and lose 2 points, most of the time I will...

Good job. I guess I should have taken it as well. I probably would have taken 1.5 points instead of the 2+ it offered. I'll be watching in the morning. Afternoon will suck though. Glad you got it today.

did not take 1270. Don't trust it. I am done for the day.

I MIGHT go long at 1270. I will see how strong it look if we get there. Bad thing is tomorrow could be the same thing. Afternoon will suck.

Note to anybody who cares: Clear all highs or lows of the day before entering using my strategy. That is the best instruction I can give at this time. I movement of .5 above or below the high/low would still be able to provide 2 points. If we ever start moving that is.

agree, good luck tomorrow...

This a good idea for the credit part but it takes a while to establish the report. In the mean time go get a regular job (nothing fancy) that would cover the rent. Just something to prove you are working until you get the apartment. On another note, I know in Texas it is hard to get an...

Totally agree. Today we might not get anything else. We'll see what the PM does. Looks like we have a slight bullish divergence right now though.

Looks like the only volume we are getting is on the downside. I am flat and the way it looks I may stay that way. So far 1 trade for 1 point is all I have. GL

I got ya, I used to do that also until I had several trades go 1.5 in my favor and then reverse to a losing trade. Then it usually comes back and I could enter again. If I take 1 point the first time then the second I just look for 1.25 the next time. I come out with the same amount of money for...

It depens on what my moving averages tell me at that point. And if I do it with caution. Do you?

This is a weird day so maybe strting the holidays early. Did you get out of the 68 with anything?

Yes, we may not get any good pushes today. I'll watch a lttle longer. BTW, did get any points so far?

Note: I do believe we could have a nice short opportunity at 1264. It provides all the criteria in planning my trades. Should have momentum when it pushes through and could go 4 points fairly easily. IMO

I should have taken this approach myself. I started having a bad feeling when I entered at 1268 that is why I took a 1 point gain. If that is the only trade I do today I will be happy with 1 point.

I got out at 1269 for 1 point gain, should have exited earlier when it was up at 1269.5 but probably would not have been filled anyway. May re enter later when market settles down I may re enter long at 1270 since my channel was from 1268 - 1272. This would let the market settle and still...

I agree, Q's are up and IBM is up this morning. These are 2 indicators I tend to use. I really like Big Blue (IBM).

I am now in at 1268 long. I will set a stop limit of 1 point since movement is very slow at this time. I can always re enter when or if the pace picks up.

it is 0742 CST. I just got back from taking my son to school (last day of school before summer break). I missed the entry of 1268 long. I will hope for a pullback and enter at that time. 4re

Jimmy, I never thought I would get off night shift work. Even in the Navy I ran the largest Sleep Lab in the military. I got out of high school 24 years ago and spent a total of 12 yrs in the military between the Army and the Navy and still spent 13 years on nights. I guess I had to start my...