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Its been a long time since i used sierra charts so I cannot help. Kiwi trader is an expert on sierra and will usually help so you might pm him. Quotetracker has made it very simple to set your ranges and you dont have to mess with it once you get it set. Jerry and his brother will answer any...

Yes. The first trade can be a bitch which is why I usually wait for a clear point three. Had I done this there would have been no losses but it could just as easy have worket out. I kind of like Jacks attitude about jumping in and going from there but it takes getting used to.

The hardest part about sct is holding.:) Its tough for me to hold this long but you can see that there has been no reason to exit yet. As you probably noticed on the trade sheet I am reversing manually after exiting. I have not got the mechanics of auto-reversing worked out yet. edit...

I am practicing sct today as I figured it would be slow. I give up some points because I am reversing on the pt 3 rather than the highs and lows because I do not understand the fine sweeps yet. I am still long from my last reverse looking for congestion now.

I have not seen that. Thank you very much. That is a great illustration.

Good luck. I have not been able to come up with a clear explanation yet. There are hints all over the place but it is hard for me to grasp something unless it is explained to me in detail.

http://www.deltat1.com/DailyNotes/dailynotes.aspx

Do any of you guys have a good understanding of the 2pair and a spike?

lol. You just have to realize that Mikey is in his second childhood and like any child, if you ignore him, he just screams louder until somebody pays him some attention.

Yes. Theres always ET.:)

If a person does not have a mentor or is not part of a prop firm but is trying to do it on his own, how do you suggest he proceed?

A lot of stategies use buy/sell stops. Bracketing congestion, etc.

Buttontrader is very good and I believe the simulator is free for six months.

It wiil be interesting to watch your progress as you transition to cash.

Trading is not that hard unless you build up a history of losses. Then you are fighting an uphill battle. You are smart to do a lot of papertrading. A lot of people knock it, including Jack I think but it makes no sense to me to trade cash if you dont have a strategy that works on paper and I...

Thanks again Moz and Icarus. Will make a nice project this weekend. What would really be neat if we could get the tick data for these days and tape the replay of the charts to go along with the audio on dvds. Would make a nice collection. Saw some str/squ in action at the top this afternoon...

stochastic entwined and macd still in downswing has kept you in this thing. 3 entry points.

Thanks to nkhoi for getting this ball rolling. He has always been a great help when it comes to solving problems. Thank Moz for the additional tapes. This stuff is a really great addition to a great thread. Kudos all around. p.s. yummy rocket there, verdad? p.p.s. one thing Jack said on...

Assuming one can trade either profitably, what about the tax considerations? Saving 12% approx. can add up.

I also found the chat very interesting for several reasons. It is fasicnating to see all the posts Ive read come to life, in realtime action. Thanks so much for the chart. Jack really does a great job of moderating. Wish I had been there.