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  1. M

    ES Reversal Method

    Well, I am not a doctor, or engineer and definitely not a banker. I read NPP's strategy and applied it today the first time on YM. Did not follow it blindly. I did use the 5 min CCI average with the LRC and watched it with other market internals as TICK and TRIN and the BB and Stoch squeeze...
  2. M

    ES Reversal Method

    Thank you, it worked fine.
  3. M

    ES Reversal Method

    would you please tell me how did you insert the 30 min CCI under the 5 min ES chart and the 5 min CCI on TS 8.1? thank you:confused:
  4. M

    ES Reversal Method

    TS in the indicators there is CCI avg, just change the inputs to 20 and 10
  5. M

    YM Traders

    Excuse me Buzz, what is the location of the chat room?
  6. M

    Trading Dummies

    Something was missing in the post from yesterday. TRy this: http://www.trade-ideas.com/View.php?O=22000208000000000000000000_3d_0&QPFH25=.1&QCDHR=2&QTSPD=2&MinPrice=3&MaxSpread=10&MinVol=300000&MinRV=1.35&MinUp=1&MinFCD=.05&MinRD=65&WN=Dummies+-+Up+Trend
  7. M

    Trading Dummies

    guys, here is a scan that I received from David of trade-ideas. This scan is only for dummies in UPTREND only. Play with it.... http://www.trade-ideas.com/View.php?O=22000208000000000000000000_3d_0&QPFH25 =.1&QCDHR=2&QTSPD=2&MinPrice=3&MaxSpread=10&MinVol=300000&MinRV=1.35&MinUp=1...
  8. M

    Trading Dummies

    I tried to look myself into some kind of a dummie screen from trade- ideas, but the results weren't very impressive, even though I like the software . They are very helpful though and hopefully they will come up with something we can all use...
  9. M

    Trading Dummies

    The trends are pretty shaky theses days. I do realize that the stops are based on the position of the inside or countertrend bars. In days like yesterday or today would you consider to place the stops a little wider with smaller positions? thanks:confused:
  10. M

    Trading Dummies

    Today's trade was ECA entry @ 50.08, stop @49.77 and forced myself to hold it almost until the end. Sold at 51.10. R=3.5 What is worse, is that I had an entry into BCRX @13.70 and chickened out @13.66. The stock flew up to 15.05. The exits need to be worked on.
  11. M

    Trading Dummies

    Here is a classical example of greed. Entered EBAY on the inside bar at 40.64 with a stop at 40.47. Risk of 0.17 not too bad. AT R=1 , moved my stop to even and planned to get out at R=2 around 40.98. Of course in the process I got greedy and was stopped out even with a huge P/L of $10.00...
  12. M

    Trading Dummies

    All the gaps were running away from me this morning. As I am waiting for the 15 min candle to form it shoots up or down. This one I managed to catch. Of course I did not have the balls to wait until the end of the day.... Here is NTLI I was scared to jump on BBI too.. What a waste!
  13. M

    Trading Dummies

    I should sue the market for mental distress. What a choppy day... I think if the market does not make up its mind which way she wants to go I should stay the hell out of it. Anyway. made couple of stupid mistakes with NIHD. It had a nice gap this morning, and gave a 10am inside candle, but no...
  14. M

    Trader P/L 2005

    Hi DT, I need your help as a resident advisor on trade-ideas, if you don't mind. Is it possible to screen a group of stocks that will show you a 15 minute candlebar with an opposing trend as the previous one? Something like the chart of VPHM attached... thank you frank
  15. M

    Trading Dummies

    The morning was tough. The charts were a ping pong game. Got stopped out on APA PEC and NSR. I am learning the hard way to determine the trend. In the afternoon after 2pm the screener spilled some uptrending stocks like CRDN and THE with valid signals, even though the general trend was still...
  16. M

    Trading Dummies

    Thank you. VPHM came up on my cyber screener as a new high. The 12 pm candle I believe closed at $19.40 and my buy stop limit was 19.42. More luck than brains, but I start understanding the principles of the system. With regard to the screener I am flirting with trade ideas, even though cyber...
  17. M

    Trading Dummies

    I started studying chairman's chart the whole weekend and I have a long way to go... However I did leave him a message that this is the first time I actually enjoyed studying a trading system.. Here is my first effort... I am sure somebody could find an earlier entry.. VPHM 's stop was at...
  18. M

    Trading Dummies

    One more question if I may, Babak. Actuallly two. I understand that we should wait until the inside candle forms after 10 am. If it forms before this time frame, should we ignore it and wait? After the inside candle forms, the next step is the decision is to go long or short. Should...
  19. M

    Trading Dummies

    GM Babak, do you know when will be the Chairman's chat room open? thanks milan
  20. M

    not another scalping thread......!

    I am certainly not a well seasoned and well trained trader. However, if you are trading for living your objective is income. No, money is not everything, but it is easier to enjoy oxygen, if you have some. Each and every system of trading has its own path to success. So does scalping. It...
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