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Using Ensign for charting. Buttontrader for front end. EOD chart. Early channel contained price all day. Probably wont post any more charts for awhile. Everyday is pretty much a repeat of whats been posted so far.

Whose that guy right there. Hope its not you.:D edit: LOL. Looks like he lucked out if he didnt bail..

Coming into crunch zone. ES breaking below 20ema. Caution sign for me. This is not precicting. Just another flaw on my list.

I know this is getting to be old news but thought I would post it once more. Ym dryup and then increasing volume before breakout. Looks like this one will fail for now.

Now we know. Accumulation.:)

All the trades going off on the bid. Somethings gotta give.

Through noon. Jack does not use ma's (less confident trendlines) but I find them informative. I have noticed that on trend days ES will almost always ride the 5min 20ema through the doldrums. edit. just got notice from IB that NYSE is down. be careful.

YM tried to move back up but look at volume on those two black bars.

FTT on traverse channel and declining volume. Warning sign.

2min ym. Notice du preceding new leg up.

Adjusted

60 minute resistence

Waiting on number

LOL. If I had to name the absolute number one requirement for learning to trade it would be patience. Heres a good article for you to read. One of the best intros to trading I have seen. .http://www.sfomag.com/homefeaturedetail.asp?ID=-1080622177&MonthNameID=September&YearID=2005

Stalker my advice is to concentrate on drawing the channels and gaussians. The fine sweeps of squeeze/stretch, dom, etc. should be left until much later. You can do just fine trading retraces in the channels in the beginning. Trying to swallow the whole meal in one bite is a sure way to burn out...

There is an excellent short article in SFO magazine this month for new traders called Trading Survival 101.

What was the question?

Stalker You might read this post and another on the next page of that thread. I have questioned Jack on this several times as it did not seem logical that the small volume of YM would lead ES's huge volume. All I can say is monitor it for awhile and see what happens. You cannot see these...

I apologize to all for my verbal fisticuffs Saturday evening. I dont normally engage in that sort of thing but we had a picnic in the afternoon and I was three sheets to the wind by evening. I do not understand why the thread was killed but no use worrying about that. Congrats Jack on your...

The possiblilities are mindboggling. I dont know how you swingtraders do it. Trying to figure out where its going beyond the next few minutes seems impossible to me.