how to manage false breakouts on NQ ES

Quote from Simtrader:

The new thread with crystal clear, hands-on, trading method instructions is ready to be posted ...but you ain't getting it until someone PMs Johnny to tell him how to reference a quote from someone else (i.e. so the other persons name shows up in the quote).
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Just press the quote button below.
 
Quote from Simtrader:


But the good news is that he has decided to pass the torch to his big brother and new member "Johnny".
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Maybe you should call yourself the "Anti-Jack".
 
Quote from Simtrader:


I have decided to re-post this trading idea on a new thread. With even greater clarity and a few more rules thrown in.
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Testing 1-2-3. Will post new stuff in a couple of hours ...
 
I personally miss Jacks postings. he tried to give us a very good trading setup, IMHO.

if somebody has the chance to take a look at Jake Bernstein's book -The Compleat Day Trader- page 47, there Jake Bernstein, is describing his -Stochastic Pop- setup. the book is printed in 1995.

I dont know if Jack took the original setup from Jake Bernstein, or Jake Bernstein took the setup from Jack:) . but Jack added the MACD, Volume................ and did a very good job, IMO.
ok his language is quite heavy :) , but he answered every question. I hope he will soon come back to the board.

thanks also to Simtrader who gave us his trading setup. I hope with changing his nick, he will also change his language :D
 
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