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20pts? lol. Nope I have a method that takes an initial signal from a 60 min chart Then I look at the 5 min for the entry. Works pretty good for me and I scale the stop size based on local volatility. Right now my stop for the ES market is 2-2.5 pts. This year my hit rate for that method...

and my 60 min. You can see that from about the beginning of the month we have been chopping up and down within a range. The smaller buffer zone below the horizontal "braket" is "line in the sand". I would be getting short in that area.

MP uses the term "bracketed Market". Here is my daily

Yes everyone, be sure to have at least $2300 in your accounts. Jimmie will be coming by to make sure you are properly funded. After all, if you can't make a profit during the day, for sure you will want to hold overnight and get your ass handed to you on the open......:D

Who let this fruitcake in the building? This is an easy one to automate Einstein. Go get someone to program it (I am sure you have no clue yourself), and you are on your way to your just reward...I will alert the media and the Nobel Prize Committee Thanks for bringing it to our...

Brokerages won't provide margin to minors. At 19, you would have to trade a cash account. Is that what you are doing? Or is your account actually in your parent's name? Steve

I notice that you are often ignored on other threads. I'm sure people here are figuring out who you are. At this point, most do not take you seriously. Many regard your comments as attempts at comedy. Posting to one of Marketsurfers most obvious aliases falls into that category. I am...

Stereo "Jimmy" decided to make the following claim; "The only perceived weakness of the intra-day scalper is the inability to scale-up to decent size, when trading using this method, I find that limitation can be overcome by using a consistent approach and trading it like clockwork, very...

Unfortunately, by the time "nigh" appears, you might be bankrupt (if you actually traded). I suggest getting to know how MP works. You could head on over to your local library and read "Mind over Markets...." for free. Or you could ask "Jimmie" for the lowdown on "Set Theory"...As you may...

Sorry forgot to post this Edit; I am pretty sure its going up. Frankly I would rather play golf. Seeya Good luck everyone Steve

I am looking for a print of 1515 or better within the next few minutes...Long if it prints north of that line in the sand Otherwise I am going to play some golf. Good luck everyone Steve

Another nice trading day. I am looking for a test of 1522 at this point. Edit; Unfortunately I see the $ADD is starting to roll over I would be taking profits on a close below 1516

Nice job Good luck to you Steve

Here is one last thought on the subject On this chart you can see the "buying tail" at the end of RTH. This is what I call "initiative buying"..I call it that because someone is marking it up even though the $ADD (difference between advancing & declining NYSE issues) is trending slightly...

Well, there are several ways to look at it. One thing I know for sure, no matter how I project it technically in the end it is up to those who move size to decide whether they are interested in marking it up, or selling it down.. From my point of view it is going to be a tug-of-war...

Next chart uses 60 min candles. Upward pointing blue line is the lower channel from the previous daily chart. Horizontal blue lines are a buffer zone where support exists for the contract. My MP chart indicates that we may open within a previous value area. If that occurs, it...

Here are a couple of charts of the S&P contract As you can see, you are correct in your assessment that it is looking tired. While we are due for a correction down, at this point the big players are trying to mark it up so they can unwind existing positions. In my opinion, as long as they...

Just for grins. This is an MP chart of the overnight market Looking to the right you see tonight's formation showing a high of 1509 If you scan left along the black horizontal line, you can see the vertical line that outlines the RTH "value area". The low end of that vertical line serves...

Just out of curiosity, are you maintaining your intraday position size? If so, how are you able to get filled exiting in a thin overnight market? Nice trade by the way.. Steve P.S. In case anyone has an interest, I used to trade the DAX which opens about midnight local time. No...

Thanks for the tip cj, I notice your study title says "FASTadd". I haven't had time to look through the Esignal symbol reference, but I don't remember seeing it as a canned study. For myself, I like the composite. I see your point and it is true that you're going to see the move a bit faster...