Tex, Nice play on the SDS. I got in earlier while we we around 1300... too bad I let it go early. The 50% pullback play... what's the rationale on it? I mean why 50% as a marker for short? Thanks JW
Toucan, Nice work, textbook trades... what kind of bars are those? with the yellow and the blue? I know Anek stressed on using the 10k vol bars, how do you like that compared to the 400 tick? I sometimes find the 10k vol a little too slow... JW
JFW... The bars are heiken-ashi with a modification of mine... The blue and yellow part tell me that the bar is wider than my initial stoploss and helps keep me out of areas with lots of wide bars/volatility that may lead to price hitting my initial stoploss... As far as 400 tick vs anek's 10K vol bars... I use the 400 tick ES and 250 tick NQ/YM charts for entries and exits.... I use them because they give me a better feel when entering/exiting. I use longer tick charts to look for setups. Just a personal preference because I am more of a picture person. I have not used 10K vol bars. Cheers toucan
Good information toucan! Few shows their trades! Voila my only trade for today (after the workin day). If something emerges, I'll try to take it in the meantime. Cheers!
Nice trades man. What period MA are you using? Looking at your chart, I'm tempted to change the colors on my TS charts to add some vibrancy. I'm assuming your entry technique is HH HL + cross over moving average for long and vice versa for short? did I miss anything?