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Hey folks, Family matters have come up. My father is not doing well in '08 thus I have postponed my little project so I can focus more on him. Thank you to everyone who has been following my little journal and for all your kind words. I hope to start a new journal in the future...

1) Not quite sure what you mean by a "pro" attitude. ie I wasn't aware that entertaining ideas to reduce costs violates protocol ;-) 2) Yes, I am very aware of the CBOT/CME merger. Outside of what the media provides, I've had conversations with floor traders and some of the CBOT marketing...

Hey folks, If you haven't guessed by now I'm taking a holiday break. I will start things backup next week. I got a rude awakening recently when I noticed the CBOT real-time fee for Tradestation got bumped up to $55.00/mo? Unless I'm reading the fee schedule wrong, this is substantially...

Happy Holidays!!! <br> <img src="http://www.elitetrader.com/vb/attachment.php?s=&postid=1724921">

Order in the am didn't get hit and I just didn't have the courage to go long in the afternoon. I wanted to, but, I'm feeling a bit more risk averse with the holidays here. Which is code for over-spending ;-) Interesting "Cup with Handle" pattern on the 3m. Curious to see if this is...

Hey folks, I got nothing today. I missed the double top short opportunity in the am (ie failure of price to move past yesterday's high) and just didn't see anything in the pm. Summary: Price opened around the daily pivot and hinted it was going to test yesterday's high but then folded...

I was dangerously close to adopting a "grinchy" mood today when stocks retreated in the a.m. I was pretty convinced the grinch was going to steal xmas this year as my seasonal swing long position was getting closer and closer to hitting its stop. It didn't get hit and the market turned for...

Price opened below the pivot and Friday's close. Plan is typically to look for opportunities to go short. However, market was chopping around kind of aimlessly in the am so I decided to play a trendline break strategy. Basically, I just draw trendlines and trade the break of the trendline...

Results for Week 26 attached.

Tried to play the bounce off the pivot, but, didn't get any follow through. It was a slow bleed through the a.m. Got a little frustrated and broke for a nice long lunch. (2) +10 (1) -8 Net +12 ================ I wanted to play the trendline break from 12:30pm to 2pm but AD lines...

FOMC day. A/D and A/D Volume is dead flat. Market radar screen is mixed. Be careful not to get caught up in the chop! Looks like gap fillers made some $$$ today though. I'm long with healthy gains in my swing and position accounts so I don't feel the need to risk any $$$ intraday...

Didn't see anything worth chasing in the pm. There was consolidation above R1, but, the market just chopped around for the rest of the afternoon. Probably to be expected with FOMC announcement tomorrow. Couple of things to point out: a) a premature exit on my part. For some reason I...

Hey Fish, Yeah, the Fed is kind of in a pickle. With that said, historically the Fed always raises rates too far and then is too late when they decide to adjust their policy and start cutting. We'll have to see what happens. Odds are we won't see a bear market during an a presidential...

Stop moved to 723 and I got stopped out; pay very close attention to internals and price action (tape reading) around R1 and Friday's high. Given the first trade was a winning one; I will focus on protecting todays gains and wait for a high probable setup; it may, or may not occur...

Mood is very cheary on wall street. I went long on a break of friday's high. Scalped the first 10 and holding the last. Stop is currently just above friday's high. There is a divergence forming with price and momentum, however, internals are strong. A/D lines are trending up strongly...

Week 25 Results posted. Not much to report. Looking for the market to grind higher through the holidays--assuming another rate cut occurs. Even if it doesn't, momentum seems to have shifted. We'll see ;-)

Open Source ELD for Daily Pivots attached. Note: For futures, I always enter the inputs manually. For equities I set the input values to 0 and have the indicator calculate pivots automatically. I haven't tried using it for Forex yet. Given Forex trades 24 hours, it will probably work...

Intersting day today. Nice surge in the am and then some violent choping during the afternoon. Ok, nothing new with this trade: A) price opened above yesterday's high, the daily and S1 pivot; We're going long! B) Look for consolidation and buy on retracement (ie gap fill) or a...

Hey folks, A few people requested the Tradestation ELD for the AD and Heikin-Ashi indicators. You can find them attached. Keep in mind I am still running TS 8.2 and these haven't been tested/used on 8.3 yet. To setup the ADLine Indicator you need to: a) create a chart with two symbols...

Again, sideways day with a lot of choppy action--no trades. It looks like gap traders had an opportunity to catch 30-40 points at the open. One user PM'd me asking, "...How do you know if the market is going to be choppy?..." Simple answer is I don't; And nobody else knows either so save...