Hey London,
I've been doing a lot of work on different models, which I use for trading the e-mini's. When I was over at the S/R Thread, I found that if I made calls based on those models it would draw unwanted attention, as I'm just not going to go into them.
But I really like the fact that you can interact with other traders here, and I was a little impressed at the wealth of talent (there are soooooo many ways to make money trading), but a little disappointed that the traders who had gotten over the hump were for the most part, keep'in the cards close to their chests ... and by definition, that included me, but not Gary, BTW, who was discussing his methods every day.
So, after a few PM's with some folks, I decided to try my hand at developing a methodology which:
1) Doesn't require a private edge to be efficient.
2) Uses sound logic, as displayed solely by price action to enter trade, and can ultimately be quantified with a series of if-then-else statements for ease of implementation.
3) Can be replicated using the majority of software out there for the retail market.
4) Doesn't in any way, shape or form look like my proprietary system.
So here we are. It's reqired a lot of thinking and reflection on my part (still does), and when the missle starts heading in the wrong direction I have to recalibrate it to put it back on target.
Believe me, after getting flamed a few times, I was tempted to implement trades based on my proprietary model, not this one, but that would have been grossly cheating both the reader and myself (on many different levels). Hey, it's fun. It's like learning a different way of walking, you ultimtely end up at the same place, but the process of getting there is different.
See you at the Open.
JJ