S/R Emini Journal

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Quote from 4re:

Are you saying that with a 50/50 guess we all have to be right sooner or later???LOL...Just playing with ya, JJ

Even a broken clock is right twice :D .

Here's an interesting thread that I came across while twiddling my thumbs at work last night.

Seems the guy has a very interesting method for determining market trend and uses customized indicators based on the Bid/Ask column to do his scalping.

I know we were talking about it previously, but he actually designed his system to measure it (if you keep reading, you'll see he doesn't even trade by charts).

http://www.elitetrader.com/vb/showthread.php?threadid=68098

Later,

JJ
 
Quote from JimmyJam:

Even a broken clock is right twice :D .

Here's an interesting thread that I came across while twiddling my thumbs at work last night.

Seems the guy has a very interesting method for determining market trend and uses customized indicators based on the Bid/Ask column to do his scalping.

I know we were talking about it previously, but he actually designed his system to measure it (if you keep reading, you'll see he doesn't even trade by charts).

http://www.elitetrader.com/vb/showthread.php?threadid=68098

Later,

JJ

Yeah. He's a pro trader out of Seattle. When he first starting posting on ET we hooked up through Hotcomm and he actually showed me how he trades. He does use charts and indicators that he has designed himself through TS. If you check his past posts you'll see the charts and indicators he uses. He's definitely a scalper but will hold if the trend is strong. He also scalps using the DOM. Big debate on that thread right now.
He was a nice guy but in the end his style did not fit my style but it was cool of him to show me his trading method.

MiniDowTrader
 
Hey boro-

You playing online chess yet?:D

Just wondering if you focus solely on the YM? Do you keep an eyeball on the ES while trading the YM?

Personally, I get distracted if I have the ES up. Start seeing patterns and moves that influence my YM trading.

Guess there's pros and cons to either method.

MDT
 
Quote from JimmyJam:

short again at 1245.25

yeah you guys are right, it is nice being done by 10am (give or take).

yeap 4re, those divergence trades again, they're like a bad habit that i just can't let go of :p
 

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