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Who says that taking random trades in the direction of trend should give profits, besides you?

Good attitude Stalker. It should be obvious to any reasonable person by now that there are a good number of us who want to hear what Jack has to say without making any demands on him.

Ignore what?:confused:

You know youre getting your channels right when you find yourself saying"How in the heck can it keep doing that?" :)

As it turned out it didnt make much difference in this case. Might have picked up a few more ticks but probably not. edit: I might add that there was a hellacious divergence on the 5.13.6 macd on the 5min ES at this point but I never trade off those alone.

No guts. I took this screen shot at the moment I thought I should reverse but I did not do it. Still dont have the courage to act on my convictions. Probably the hod. :mad:

Overran the right line a tad. See if I get my ftt now.

Rt. line bounce coming up? Doubt I will take it if it does. Not liking the action here. Will be looking for ftt on next bounce if we get one. Nothing I like better than an ftt in the 11-1130 area. p.s. Postponing the h/r for now. Took the orb at 43 ended up washing and not reversing as I want...

The channel you least want to see.

I think something clicked for me yesterday on hold and reverse. It is not necessary to get the exact top or bottom as long as your reasonably close. Accumulated profits act as a cushion to ride out the bumps. If I can get a good first entry, going to experiment with it today. Were off.

For those of you using Ensign, in case your not aware of it, you can make an overlay chart of INDU on a YM chart and check spread in the properties and it will give you the str/squ figure in the left margin. I wish someone smarter than me could figure out how to duplicate the "match vertical...

Been using Ensign for quite awhile. Not aware of any prv tools though. I just have lines drawn across the volume chart. Watching the bar rise is watching prv is it not? I have a timer so I know where I am at in the bar at all times.

Reiehaxm I know your a level headed guy so I respect your opinion but I dont know enough about that situation to comment.. I dont know what went on on Paltalk and I dont know Jacks p/l these days and dont really care. The simple fact is drawing channels, watching volume, etc. is a fabulous...

Stalker one clue I always pay attention to is wrb's. (wide range bars) Those two red wrb's were telling you this was no ordinary retrace. Retraces are usually orderly.

Beige book at 2.

You can see that yestedays high was two ticks above the flattop and if you put your buystop above that you only had a point max to the hod. Too risky, not enough reward, for me. Maybe later.

I like FTP's:) Only problem is its location.

That was my front end but all it is is a tick chart which you can get on most programs. Of course the built-in dom is handy.

Classic ftt

My entries are always sloppy but I usually get a piece of em.:)