One thing I have found is that very few trades are "perfect" ie with all time frames pointing in the same direction, prime levels achieved, failure bars setup properly, etc. Waiting for the best seems to help significantly.
Sure, the red arrow, hard to see. The 16807 was negative histo.
<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=2293394 width=800>
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66
Saw a couple ways to get into this rally this morning. Straight 16807 in around 10:40am at 824 area. This was well after the 16807 osc up however, and the 177 was flat/negative. A 2401 entry after the prime 16807 up osc was around 10:17am at the 820 area. You had to ride that retrace down to 819...
Days like today bug me... 117 ERG down, histo up. 16807 ERG up, histo mostly down even tho price has been grinding slowly higher since Monday. Not much range today.
16807 short around 818 at 1:52pm. There was an entry point at 819.50 earlier around1:35pm but you would have had to ride out that retracement. These were off a BR PPF tho so not as strong. 117 agreed.