Riaaman: Coming to you from Missoula, Montana. Home of the University of Montana. By the way we play Northern Colorado this weekend! Go Griz... This is exactly how Trader28 would make that trade. He taught us an excellent system... I just wanted everyone to be able to watch the perfect trade in progress and how Trader28 would teach it. snarlyjack
You better get over to the scalpers thread snarly. Our beloved mentor has taken your bb bands and is touting a 1 min. system over there. http://www.elitetrader.com/vb/showthread.php?s=&threadid=79971&perpage=6&pagenumber=3
Bearbelly: Really? (Bollinger Bands scalping on the 1 minute)??? It does work perfect on the 2 minute charts just like Trader28 taught us. I don't think I'll change...It took me two months to learn this system and I like it. snarlyjack
Bearbelly, If their is a problem with (our) system, it is the market messes around the zero line. It's like everyone knows what is going to happen!!! But they try to pick your pockets before it does happen. It's very frustrating. All I can think of is what you told me before. Which is: (1) the market makes it move. (2) then it reverses (3) then reverses again and continues on its merry way... We need to wait for the second reversal and the trip on its merry way. While it is fooling around the zero line! snarlyjack
I am still happy!!! Beers for all in the lounge... Before I start telling "war stories" you gotta realize that I am still learning the system and how to trade with all the ins and outs of the whole thing. I am not exactly mr. perfect over here!!! snarlyjack
Wasn't a good day for me on the ER2, got knocked around pretty good this morning. Might have to take a peek at YM to see how I like it.
Excellent. That was a tasty trade. I have a question though. It looks like you're using MACD ZLC for setup. Then looking for a solid close above the 8 SMA to enter and a pull away from the BB's to exit. Is that correct?