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simple. look back thru the index charts, last two sessions each month. see if you observe a general pattern there. I've seen it enough to make the call (in bold) early this morning... at the open

same thing that happens every month. second-to-last calendar end session is the window-dress rally last session of calendar month is the sideways pin... at all costs. until the final half-hour or less when hedge funds front-run the undress process and funds dump accordingly...

no, never. all that stuff about control-bar confirms for price turns is off the top of my head... or pulled out of somewhere :D whatever one makes work for themselves. I'll refrain from comments about anyone else' tactics but my own... plenty of ways to skin or get skinned in this game we play.

perhaps I read = understood your logic wrong. we are talking about daily bars, but entering intraday. that means you guess at what might be bar #1 and anticipate that bar #2 entry intraday because you have no idea if two day's down (or up) will become a three, four, five or seven consecutive...

I've been doing the educational thing for so many years now, it is part of my daily structure. It's a quasi-tangible place of work. The same question could be asked of frequent posters here who show up every day, posting multiple times for months and years. Why bother? In my case, I spend...

regardless of bar #1, when you have directional energy and then a bar that behaves according to your terms to create #2, it is a potential halt to the surge move. The body of that bar #2 is where stops are clustered... where auction market theory found an end to sellers (buyers) which forms a...

You're anticipating completion of a morning-star bullish reversal. The higher odds trade is buying close of day two on pullback inside day three. That way you see the low has held... instead of five crows falling out of the sky thru day one lows. Day 2 becomes the control bar confirmed, Day 3...

yes, convenience sake of management I've had countless traders (thru the years) ask me how they can hedge every open intraday trade with options or ishares to limit risk while leaving favorable leverage intact. It's basic human logic to assume there are ways to cap negative leverage while...

exactly right there, shaggy. the point I was trying to make. lescor "hedges" with spys out of convenience... it is no strategic advantage over closing out part or all of an open stocks position. if a trader makes $100,000 on long stocks and loses -$40,000 on a hedge, all they did was...

If the heart surgeon threw in an extra stitch or three, would more patients die? Seriously now, it doesn't matter one whit on the specific chart setting someone uses. No need to belabor the point... it's just a sales tactic or the guy simply doesn't know any better. One or the other.

There is none. A robust method (or rigid system) should run profitably across a myriad of charts. If the equity curve is based on a massaged chart setting, it is short-term curve fitted. If the guy was working discretionary and that's the chart he used, it's just a random selection based on...

I cut my trading teeth in the wild years of 2000 ~ 2002 and enjoyed the replay during 2007 ~ 2008. Volatility and violence in the tapes are no stranger to me... I'm actually most comfortable trading wild markets. If I had to say something seems different this time around, I guess it's the...

I have no objection to that, except for the fact that I operate a room with clients who deserve my utmost attention. If/when the markets are normal volatility, it's possible to take a couple leisurely trades with plenty of time in between. Lately (and thank God) with a return to high...

either I screwed the pooch, or the pooch screwed me today. After a morning of ES chop, I hit the breakeven mark on a trailed short for +2pts and was filled as the market went 1 tick higher and immediately +6pts lower from that exit. thought I was done for the day, saw a somewhat rare price...

At the time ER2 ceased trading, it was running 250K to 300+K contracts daily volume. Anything above 150,000 now is pretty good. The intramarket spreading is gone, so that may attribute some of the greater spikiness. I work the TF myself on a 500(ish) tick chart looking for bigger swing moves...

imo, the TF is much more spiky and erratic now than the ER2 was in its zenith. It is tradable, but trying to hold stops inside congestion between directional swings is tough. When TF is moving north and south, it is by far the best emini symbol to trade. When it moves east and west, the sideways...

I find it to be par for course in any public message board. nothing else all things in perspective :cool:

nothing... refer to my earlier post stating this is general entertainment and distraction. message boards are designed for social interaction and entertainment. the more they offer of that, the more viewership they attract. ET is unparalleled in that niche for traders. entertainment weekly...

a better question: how does random disgorging of profit performance stats with no other explanation or disclosure benefit anyone in any way?

not +63pts intraday by that poster with no blotter have you been out in the sun too long lately? I'm a little surprised that a veteran of this board like yourself is asking such questions