fwiw, I finally had one live trade today, sh CL @ 76.81 (12:00pm), initial target half @ 76.63 and SOMEONE got lifted there but NOT ME! Ended up stopped out 76.80.
Thanks austin for your input. I look forward to your contribution. I wasn't able to see any of your videos. You need to make them as standalone videos so that the viewer does not need to download and install Camtasia. Check out this post if you don't know how to do this: http://forums.techsmith.com/showthread.php?t=7716
Nice video austinp - thanks for posting. I do have one question if that's ok ... by definition, your p.o.c. bar is confirmed 5 bars into the future ("highest/lowest bar for 5 bars prior and 5 bars after"), and I believe a couple of the entries you discussed depended on anticipating confirmation of a potential p.o.c. bar (e.g., short being discussed around 23:00). My question then is what % of the time would one have to anticipate the expected H or L of the next 5 bars in order to have an edge with this method? Please note - no skepticism intended, just trying to understand. Thanks again.
crazy day, the market was tradeable all the way through from the 4pm sunday open. I made IB a lot of commissions today. I had some big gains that I killed by getting greedy with the profits and trying to trade every opening. Ended up 10 tics positive.
Tomawk, I was simply taking any with-trend pivot point or reversal signal pivot point and using the control bar strategy and killed it in my sim account today. Then I realized I should be trading live and I chased ES horribly a little while ago sh @ 48 (1:14pm bar) trying to catch some final momentum (talk about being pissed I missed a move) and took off 3 @ 45.75 and the other 2 b/e. lol Wish I'd just stuck with the CB stuff and traded live all day!
Never mind. For some reason, I got only blank screen on Chrome. Now that I read what others posted, I tried it on IE and it seems to be working fine.