long 872.75 closed half 877.25 + 4.5 pnt closed half 880.25 + 7.5 pnt -------------------------- use half size... counter trend short 881.25 stopped 883.25 -2 pnts ----------------------------- use half size ... counter trend short 889.25 stop 891.5 stopped -2.25 pnt ------------------------- long 892.25 ... closed 96.75 + 4.5 pnts ------------------------ short 97.25 stop 900.25 -------------------------------- + 4.5 + 7.5 - 2.0 - 2.25 + 4.5
short 97.25 stop 900.25 ---------------- stopped 898.25 - 1 point ------------------------ reached 893.5 ... but was sleeping
... don't need fancy software to trade this method.... .... just a globex chart.... ========================= ... if trend is strong.... then only take 10 point counter trend signals.... .... and try to enter with the trend
as a counter trend trader.... the hardest thing to do is enter with the trend on a strong trend day it is also the easiest thing to do.... ... as long as it is done early
long 2 892.5 closed 1 at 897.25 closed 1 at 899.5 --------------------------- short 2 901.5 closed 1 at 898 closed 1 at 900
tuesday 4 count em ...4 signals in one day took three... did not take the second signal at 895 don't remember why didn't take it.... but it was good for 6.5 points ---------------------------------------- the third signal... was in a new direction... and was stronger than the first two ... i mean the ten point move was stronger..... no chop or hesitation.... .... that was the clue to fade the system... which i did.... but did not hold on long enough for the big pop after the close