ProfLogic's Method

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Quote from pismo10:

This is where I sold on the 343.
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OK. IF your entry chart is the 343 THEN you had an EXIT at about 13:41when 2401 histo went green again and you had a PF (not making a lower low) in the 343. Page 10 rules.

I really don't think a human can competently and timely trade the 343 in the ES at normal speeds. That's my opinion only. I can't.

I thought you had decided to change to the 2401 entry chart.

JW
 
Quote from Whisky:

OK. IF your entry chart is the 343 THEN you had an EXIT at about 13:41when 2401 histo went green again and you had a PF (not making a lower low) in the 343. Page 10 rules.

I really don't think a human can competently and timely trade the 343 in the ES at normal speeds. That's my opinion only. I can't.

I thought you had decided to change to the 2401 entry chart.

JW
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Yes the 13:41 exit was my loss. I agree the 343 is fast. This is what always happens when I try to trade it.
 
Quote from pismo10:

Yes the 13:41 exit was my loss. I agree the 343 is fast. This is what always happens when I try to trade it.
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Yes. It is very fast. Mark the entry and exit according to the rules in the chart and you'll quickly notice that you probably entered 1-2 bars late and exited 1-2 bars late as well. That can make a big difference in performance, I think.

JW
 
Quote from pismo10:

This was an attempted 16807/2401/343 trade. My entry chart was the 343 so the ERG was prime and had oscillated down.
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First problem . . . too much STUFF on your charts.

How on earth are you suppose to focus on making a decison on your Decison Chart with muticolored candlesticks, a slow Stochastic (guess indicator), a Force Index and two separate ERGs?

What I teach is simple but it is stuff like this that gives me a bad name. You aren't trying to learn what I do, you are trying to integrate what I do into the inconsistent "stuff" that wasn't profitable for you in the past. It is absolutely no wonder you are having a problem trying to figure this out. You are taking elementary math and turning it into quantum physics.

Your head HAS to hurt.

Here is MY 2401 (Decision Chart). Notice that the first single bar oscillation of the Histogram immediately rolled back negating the trade. The second gave you a perfect short. I'll post the entry on the 343 next.
 

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Quote from Wi!s0n:

Pismo, revist your understanding of a pf and be prepared for Bill to scold you for using all those indicators :D
see if this chart helps
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Yes that is the exact spot where I sold that you labeled on your 343 chart, that swing bar up, then the next with no higher top, then sell the open of the next.
 
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