I appreciate the chart with the illustrations. Using the 5,2,3 50% is really great when the conditions work for the slaloming indicator....
I was hoping if you could tell me if I was learning correctly. I do not expect you to give me fish. I just do not want to get stuck doing the same...
Thanks for the indepth charts and analysis. I had one question regarding sitting out when volume is below a certain level. On bar 44, you say...
This week has been very low in volume in the ES. It is almost as if we are centering this whole week for the longer term trends. Is this a...
Your effort should be in trying to understand the market. Following Jack's steps should lead you there if you take it step by step. 1.Trade...
Here is something that I think will help you out. Backtest the 5 min rocket in conjunction to where the 15 min stoch is. For example, If you enter...
Hey man, I have no beef with you. Fractal is another word for timeframe in my book. If you read Elder as you state, I would have thought that...
I use Jack Hershey's setting for indicators. I also use his "fractal signal" on the 5 min. In answering your final question: When you get a 5...
I use the 1, 5, and 15 minute fractals for my trading decisions. The Signals for entry are on the 5 minute and i use the 1 minute for timing my...
Dont be sorry that you dont understand. I have been where you are and see where you are coming from. Have you read Trading for a Living by Dr....
I just wanted to share my revelation as a former edge trader. I use to be an edge trader that used the 5 min fractal on ES for my edge. Sometimes...
Up and running.
MBtrading down again. Glad I am flat. Hope others arent taking it in the shorts.
Grob109, I have been having minor problems and was hoping that you could guide me. I really appreciate all the effort you put in each of your...
Daytrading to make money is not the end goal. The ultimate goal is to be a trader to make enough money that would allow one to pursue the things...
This is for the people who use stochastics with a setting at 14, 1, 3. A rocket is when the fast and slow line are above 80(75) or below 20(25)....
Using the "rally attempt analysis" in William J. Oneil's book How To Make Money In Stocks is a good indicator for timing the cycles of the market....
Is your trading style dependent on the overall market sentiment or independent of what the market is doing? I see that most stocks you pick are...
Here are a bunch of stocks i think will make a 10-20% move over the next 2 weeks. Lets see what happens. APPX, DJO, ELBO, GIVN, IPXL, PMTI,...
It is a poorhouse way to trade. The key is having the big picture "context" and when the signal is worth taking and when it isnt.
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