Hi CM
I watch the vol on ES but dont really understand it. If the buy line is higher than the sell lines I think may go up?. Any chance you could list a few rules if you have time?. Cheers and thanks for all the hard work you have already put into this thread...
Hi All
I have target for triangle down to 10975 backed up with big M ending at 10100. Wonder if either are correct or is it lunch time so lack of trading favouring down? M on both 5min dow and es.
Hi All
Had a good day on the dow yesterday but could be some luck involved. Read the vertical line on RSI starting just after 15.08 and ending 16.39 as a P/D. Slope on dow from 10190 to 10175. Entered long read the pause on dow at 17.05 to 17.31+ as half way house (thought channel CM...
Hi CM
I thought there was a P/D from 18.07 to 18.34 on Dow also on ES. CC at -300 and a nice round bottom from 18.07 to 18.54. Looked as though long had won battle at 10232. The only negative I could see was MA close at approx 10245. The Dow reached just short the MA and retraced. I...
Hi CM
Think there was a P/D from 2.30 to 3.05 followed by a triangle ended at 3.24. target 10238. Gave me confidence to hold on. Closed bet on short N/D from 4.04 to 4.12. Not the best exit but still profitable
Hi CM
Spotted the P/D which ended at 15.00 entered long at 10350. At 17.07 slope change on RSI plus third peak on Dow just after so closed at 10360. The Dow also below 100 and 200MA touched a couple of times 17.50ish. I then thought might go short but did not. The Dow then hit 10385...
Think we have a flag on the 10min I am long from 10405. Also MA helped me decide. Anyone agree with me? Closed with a small profit on what I think is an N/D top at approx 6.30pm
Cheers CM
One more question if I may. Do you use risk/reward ratio. I try to use a minimum of 2 to 1 but not always possible and maybe I attatch to much importance to trying?. See what you mean about pull backs even though RSI was oversold at 18.00 just after the Dow touched...
The N/D that ends 15.46 ish is that a signal to close longs or open shorts. I am not sure the trend is up but it seems to be locked around the 9960/70 area. Any ideas?.
As my school report used to say "can do better" .I was a bit slow spotting the N/D that ended 19.14 ish cost me a few points. Still hope to get them back Monday. The bias by the S/B boys takes its toll to, as well as them working on the futures. Any ideas how this can be offset...
Was just going to say not to sure about this then it pops up. I have a habit of closing to soon but with it being Friday I dont think I would want to hold over a week end. Still I dont think like the Americans. Going to hold on with trailing stop.