Fine tuned my system a few more times tonight. (1) Put ADX (DMI) on top of the the Aroon. It is much easier to see the buying or selling...
I am looking at ER2's support and resistence. Looks to me, if ER2 can pass 676, there is a blue sky ahead like NQ....
Thanks. please feel free to ask any questions. I'm refining my own system everday. Getting in or out a position to make a point or two on a big...
Also, don't forget tomorrow is the options day. They wiped out many call holders for the past two days, now they start to wipe out these put...
Optioncoach, that's correct. Right around the resistence area. This is the support/resistence chart I have:
Well, I think only a few are reading this journal. Only two or three regular posters. Please feel free to post whatever you want, opinions,...
As long as it works for you, stick with it. No need to change them. I found some indicators are working well for trending days (MA derivative,...
This is the main trading window I used today, look at Aroon (bulls are in control all day) and MA derivative (trending all day). CCI 50 has been...
You're right on that prediction. 20 points back was coming very quickly. I thought some big $$$ funds accumulated many contracts yesterday and...
Well, I guess none wants to share. Way to go.
This is the 233 tick chart on my laptop. This chart stopped right around 10:30 AM (CT). I have not resfreshed the data. It shows what happened...
I pay very close attention to the trading channels. If two bars break the trading channel, I would consider to change my position or take a new...
Most often, when the market opens, TA indicators like CCI etc really won't show up well on minute charts. This is when the tick chart really helps...
Another indicator I check very frequently is CCI 50 period. If CCI 50 period line (the orange line on my chart) is declining and below the 0 line,...
Always check the fib retracements for possible entry or exit .
Always check the Pivot/Support and Resistence. If it breaks S-1, looking for S-2 as the target to cover or buy. Always put a stop several ticks...
On the ADX, the red line (-DI) above the green line (+DI) means bears are in control at the very beginning. +DI is decling and -DI is rising. ADX...
This is the 5 minutes chart when ER2 opened for the day. I look at the MA TA indicator (it is at the bottom of the panel, not on the price chart),...
I use 1 minute chart to make entry/exit decisions. I use 5 minutes chart to decide if I want to go long more often or short more often. I use...
Again, don't rely on it to trade, just use it as a reference from a different perspective. I use many other indicators to make a trade decision. I...
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