yes they do but i like the ema's because during times of extended consolidation you can filter out the bad trades a little better. this is true especially during low volatility cycles withen the ES NRD.
O.K. you just posted an Excel file dated 11/05 EOD. According to the file for NQ the 2bc Swing Trade Signal is sitting at NEUTRAL. So how could you have bought the NQ today on an EOD system? Further, you give no explanation on how the Swing Trade portion works. The 2BC Channel Break-Out portion has a "SELL" for both ES and NQ. The NQ has a topchannel value of 1423.82. How does this jive with your other figures? You Excel file lists HARD CODED STOPS AND PROFIT TARGETS. You specifically stated that: "Utilizing a random noise filter our stop losses are mechanical based on the 14 day ATR and a few other intra-day price fluctuations. As a result of our extensive our research we have found that these parameters work best especially during extreme volatility." You sure do put a lot into a hat, to magically pull out whatever fits your BS. I still want to be your first chartered subscriber. Again, just tell me how much and where to send the money.
What is the 2BC System? 1. Day trade System 2. Swing trade System 3. Breakout system all rolled into one. Please go back and re-read the "Trade setups of the 2BC System". You only enter the 2BC Channel Break-Out's in the direction of the current trend. You missed that chance with all of your rantings. You clearly have not read the entry rules below. You need to continue to read before you make a comment. again you show that you don't do your homework before you open your mouth. put a sock in it.
which one do you use $SPX or ES I still have no idea. because if you use $SPX (which you previously stated) does that mean you went long right at the open because cash index was above 1051.75 for 3 minuets how come your subscribers do not have any questions, do they know it all?
__________________________________________ YES. the subscribers know it all because I have tried to be as detailed as I know how to be. I really never intended to confuse anybody so I have tried to be detailed but when they have questions they will usually email me or call. however your question IS NOT a dumb one. Let me explain. I use $SPX to calculate formula for predermined entry points. then I use the futures intra-day quotes since I enter in the trades in the futures. thank you for your question. p.s. I will make sure that tommorows post is a descriptive as I can possibly be. I really want you and everyone else to be able to comprehend and understand fully the system and how to use it profitably. Constructive criticism is welcome on how I can improve upon the delivery and scope of the trading plan.
_____________________________________________ I have now updated the trading plan to be more descriptive and easier to read. There should be no question as to how to interpret the data. Remember, although I have attempted to program my descretionary trading methods into a "SYSTEM" my rules are flexible to each traders needs making its use and application customizable to each individual. Although I have 3 systems running symultaneously you have the flexibility of choosing which signal to take and how to manage the trade once you are in it. The rules given are just a guide. Trade management is up to the individual. I have done my best and that is all that I can do. Good Luck & Good Trades.
The Swing trade system is still long the indexes going into today. The Swing Vix indicator is registering of +.37 which is high and just 3 points off of extreme overbought condition. Swing Vix is right on the money just as predicted! Remember the Swing Vix leads the market 3-5 days out! The market is now starting to ketch up to the indicator. Expect this next leg up to be brief. However, the longer we stay above +.40 the greater the decline will be. Good Luck & Good Trades.
This gets funnier by the minute... errr ...hour.. darn I forgot I run an EOD system - so I guess it's by the day. Does you logic go something like this: I have 3 wives. I love them all. If they want to fight amongst themselves, it doesn't matter to me at all - that is their problem, not mine. I chose to say "I love you" to the one that comes around first to make me look the best. God help me the day that not a single one comes around to make me look or feel good, other wise it could be a very, very long month. Your stuff is trash, garbage. You have back peddled to cover your $%! so many times it is getting to be a classic soap opera. Where is your explanation for your scientific "ATR" crap? (that is all fixed stops and profit targets listed in your EOD stuff) Your rules are so flexible, NO TRADER OR YOURSELVE CAN EVER LOSE!!! WHAT A DEAL!!! Why, because with my three prong system it initiates an almost unmeasurable combination of scenarios to make me look good and profitable. And if I'm jerking the numbers and rules to make a profit, by gosh YOU CAN TOO!! This is personalized COACHING - ALL FOR FREE!!(limited time only) PulseSCAM - Patent pending(well, maybe, first we need to start charging so we can pay to file the paperwork)
Just out of interest Bruto, what do you get from posts like that? You must have some motivation? Jack, You stated that you have read the entire Journal. Now, you ask these questions. Are you from the planet T-REX? ...if you have to ask...then you are probably too ------ to know...