US Markets: Real-time Trading

[TAS]

Hi Steve,

Really good news from U and may I expect some contects focusing on volume in conjunction with the judgement of market reversal...

And any plan U incorporat such volume indicated into RT further down the release...?

Thanks again for hard and invaluable work...:)

Hi Guys

I am just staring the re-write of the MTPredictor Trading Course and I would like some feedback on what people would like me to focus on..........

More on "manual" Elliott Wave analysis perhaps ?

Thanks

Steve

[Larry22]

Hi Guys

I am just staring the re-write of the MTPredictor Trading Course and I would like some feedback on what people would like me to focus on..........

More on "manual" Elliott Wave analysis perhaps ?

Thanks

Steve

I think that the more important thing would be to focus on higher time frames (60, 15, 5 minutes) versus low time frame the 3 min.

As an example I will post a pic of the ER2 5 min charts I hope some of you caught that trade as this was a freebie, you had a nice DP and a TS4 signal.

Laurent

[edfash]

here is the 15 min chart with an automatic DP, entry on the shorter term chart.

[scooper]

Not doing so well again today. Took a TS2 and TS3 sell on the NQ 3min and got stopped on both. I took these as although we were at a 15 min DP no divergence was present. Can any advanced traders comment on this? Is it common to have failed setups in that type of instance or do you just stand out of the way.....

I know in hindsight its easy to say but I did look at the 15 min and decided as the STF was over the strength bands that it was OK to take them.

Cheers

[TreeShaker]

I think that the more important thing would be to focus on higher time frames (60, 15, 5 minutes) versus low time frame the 3 min.

As an example I will post a pic of the ER2 5 min charts I hope some of you caught that trade as this was a freebie, you had a nice DP and a TS4 signal.

Laurent

I think you tell the folks that you have Mjr Setups turned on Laurent, or they are going to go crazy looking for the signal. LOL

[Larry22]

Not doing so well again today. Took a TS2 and TS3 sell on the NQ 3min and got stopped on both. I took these as although we were at a 15 min DP no divergence was present. Can any advanced traders comment on this? Is it common to have failed setups in that type of instance or do you just stand out of the way.....

I know in hindsight its easy to say but I did look at the 15 min and decided as the STF was over the strength bands that it was OK to take them.

Cheers

Again I am sorry for your losses scooper, what you need to understand is that the market will allways move in the direction of the bigger wave pattern, so for that you need to look at an hourly chart.

My current count is that we have made 3 waves up on the ER2 and ES and was looking for a wave 4, this morning's low was probaly the end of wave 4 as per my wave count analysis on smaller time frame that I won't show here. So from now on we should be heading for a new high above 706.2 in the ER2.

I will make an exception and post my hourly wave count*on the ER2, as I spent a lot of time on labelling my chart these are valuable to me and I don't feel that I have to share them all the time, I hope you will understand why you had to avoid sell signals today once the low had been made.

Laurent

[Larry22]

I think you tell the folks that you have Mjr Setups turned on Laurent, or they are going to go crazy looking for the signal. LOL

Sorry as these are normal signals for me, so I have a tendancy to forget. :)

[Larry22]

here is the 15 min chart with an automatic DP, entry on the shorter term chart.

Well, again edfash I have to say that your psychic power skills still impresses me as I had the same thing on my chart. :D

Great call

Laurent

[TreeShaker]

Not doing so well again today. Took a TS2 and TS3 sell on the NQ 3min and got stopped on both. I took these as although we were at a 15 min DP no divergence was present. Can any advanced traders comment on this? Is it common to have failed setups in that type of instance or do you just stand out of the way.....

I know in hindsight its easy to say but I did look at the 15 min and decided as the STF was over the strength bands that it was OK to take them.

Cheers

Diverg. is King, until you develope more skills. I use it to stay out of a lot of trouble. I miss a lot also, that some of our more skilled members take. But, until you have those skills, trust diverg. IMHO ;)

[Larry22]

Diverg. is King, until you develope more skills. I use it to stay out of a lot of trouble. I miss a lot also, that some of our more skilled members take. But, until you have those skills, trust diverg. IMHO ;)


I agree with you on this, usually this technique will work most of the time and will give you less risk of failure on your trades, unless you are in a trend day.

Laurent

[TreeShaker]

It would be good to see your wave ct for the ER. I was expecting it to go down to 695 area,which I thought would be the end of a C leg down, and it did and gave a TS3 on 3 min with lots of diverg. As soon as I got in it went down to approx 692. That's too long to fit my count, I think. What do you have.

[miles2go]

After Inspired by the wave count discussion by the senior traders, I have been downloading real-time data since the DP on NQ into EOD MTP and have been followig the waves to see how it works. I didnt expect such a perfect wave count with Auto-Find Elliott waves in EOD. Thanks for your great posts all of you!!

[Larry22]

It would be good to see your wave ct for the ER. I was expecting it to go down to 695 area,which I thought would be the end of a C leg down, and it did and gave a TS3 on 3 min with lots of diverg. As soon as I got in it went down to approx 692. That's too long to fit my count, I think. What do you have.

We had a complete ABC with this morning low at 692, when the market failed to do a fifth wave and broke the low of what should have been wave 2 then this could only mean that the top at 704.5 had to be an X wave this is allways a possibility and you can't ignore that. You allways have to take in consideration thatv normally wave 3 should be longer then wave 1 unless you have extensions in it, but the pattern started to smell very fishy when the third wave failed to broke the top at 704.6 it should have so from there I bailed out and waited to see what the market would do.

Like I said when the market broke the low of wave 2 then we had confirmation that we would go lower then this morning's low it was just a question of time.

From my point of view we could have now made the low of wave 4 as we hit the 691 target that I had.


I hope my explanations are clear enough for you.

Laurent

[TreeShaker]

After Inspired by the wave count discussion by the senior traders, I have been downloading real-time data since the DP on NQ into EOD MTP and have been followig the waves to see how it works. I didnt expect such a perfect wave count with Auto-Find Elliott waves in EOD. Thanks for your great posts all of you!!

How do you download your data into EOD. I use NT. What do you use?

[miles2go]

I use NT with IB for MTP Signals and trade with IB. I used Amibroker to connect to IB real-time and with a script(found on Amibroker site) to get the real-time data to text files in MTP readable ascii format. I refresh(actually click on the respective chart) every 3 mins on Amibroker charts and open the respective chart in MTP EOD to analyze it real-time.

[scooper]

Again I am sorry for your losses scooper, what you need to understand is that the market will allways move in the direction of the bigger wave pattern, so for that you need to look at an hourly chart.

My current count is that we have made 3 waves up on the ER2 and ES and was looking for a wave 4, this morning's low was probaly the end of wave 4 as per my wave count analysis on smaller time frame that I won't show here. So from now on we should be heading for a new high above 706.2 in the ER2.

I will make an exception and post my hourly wave count*on the ER2, as I spent a lot of time on labelling my chart these are valuable to me and I don't feel that I have to share them all the time, I hope you will understand why you had to avoid sell signals today once the low had been made.

Laurent


Hi

I have looked at your chart and turned off the filters and put on the major setups. I can see the wave count you have labelled and I actually have another program that auto labels waves and its pretty much the same as your count. In fact it was suggesting the wave 3 top was in on the ER2 and we are working out a wave 4.

In hindsight it looks like my losses on the NQ may have been avoided if I had just taken note of the 15 min DP and ignored the lack of divergence and the fact the STF was over the strength band and just stood aside until the market either worked higher or broke lower with reference to the 60 min chart. The 60 min chart does show the uptrend with a wave 3 in progress with a poss wave 4 a pullback at a DP level *without divergence and STF over the strength band*.

This would be the best policy for me from now on. Of course, it may mean missing some trades that are winners but that is life. I really think that I should have looked at the 60 min chart and taken more note. Believe it or not I do mark charts in a similar way to you and did my prep beforehand and I just have to put it down to experience that I missed it. I must have got caught up in the moment *costly I can tell you*.

However, I thank you for your input but it just illustrates that I'm still finding it hard to put into practice everything consistently day after day. Practice, practice and practice some more for me then.:)

[d-day]

Hi Guys

I am just staring the re-write of the MTPredictor Trading Course and I would like some feedback on what people would like me to focus on..........

More on "manual" Elliott Wave analysis perhaps ?

Thanks

Steve

Hi Steve,

I for one would be very pleased to see a bit more on manual Elliot Wave analysis, and also just an all around greater emphasis on MTP real-time.

Also, I would like to make a request that you provide a seperate DP.efs that would allow one to run a chart without MTP's reversal bars and TS signals. It wouldn't even have to do autoDP signals. Just a DP button, and the ability to "one-click" locate the DP zone on an otherwise naked chart that I could run side by side with my MTP trading chart.

Pleeeeeeeeeaaaaaaaaaaaaaaaaaaaasssssssssssssssssss ssssssse!

And don't tell me it would be too difficult ;)

[d-day]

Hi Guys

I am just staring the re-write of the MTPredictor Trading Course and I would like some feedback on what people would like me to focus on..........

More on "manual" Elliott Wave analysis perhaps ?

Thanks

Steve

Hi Steve,

I for one would be very pleased to see a bit more on manual Elliot Wave analysis, and also just an all around greater emphasis on MTP real-time.

Also, I would like to make a request that you provide a seperate DP.efs that would allow one to run a chart without MTP's reversal bars and TS signals. It wouldn't even have to do autoDP signals. Just a DP button, and the ability to "one-click" locate the DP zone on an otherwise naked chart that I could run side by side with my MTP trading chart.

Pleeeeeeeeeaaaaaaaaaaaaaaaaaaaasssssssssssssssssss ssssssse!

And don't tell me it would be too difficult ;)

Thanks in advance for the DP.efs

d-day

[TAS]

[QUOTE=scooper;1 .........STF over the strength band*........ /QUOTE]

Hi Scooper,

As far as I could remember, the developer (STEVE) of STF didn't mention a bit of usage of STF in 15 or 60 min higher time frame, it's pretty much delayed to represent current market movement in my view, even in its application in 3 or 5 min lower time frame, we DO have times when STF still lags (at least in its color), for example.... when we have JUST reversed the trend which unfolds in 5 waves...

Hope this helps...

TAS

[Steve Griffiths]

Hi D-day,

What RT data feed do you use ? You can email me privately if you like...

Steve

[TAS]

Well guys,

So far we have seen classic TS3 move in our favour initially and then retrace to re-test our entry before falling over again... right now touch minor DP from B swing and hovering a little bit, hold on... hunt for 1st target for MTPers...

By the way, this TS3 on ES and YM are pretty much coinciding with POC, which are 1336.5 and 12372 respectively...

See how we go, anyone on board with this short ... ?

TAS

[edfash]

i'm there. good luck. hoping for a flush below yesterday's low, and perhaps a larger move down as the 5 min chart has the potential for another impulse down. a measured move down (larger time frame) can take us to at least 1313.

[miles2go]

So far NQ is respecting the waves. Will it reach Wave C?

[sr100m]

This Taylor stuff is good when you get the idea. Thanks d-day for brining it to the board. Taylor seems good for a bias but not great for pinpointing entries. But MTP helps with this.

My interpretation - on ES today is a sell short day. Ideally we would look to sell short around the high of yesterday (the sell day).

However, yesterday saw a violation of buying day low and a weak close. This anticipates a failure to penetrate yesterday's high. I understand Taylor suggests avoiding selling short in this situation as the market may not fall much and there is a risk it will reverse to long. (Added to this, on the 15 min chart, the trend according to Steve's DP method is heading up)

Anyway, on the 3 min chart at 14:03 GMT (9.03 am CST - only 5 h difference as we have not hit daylight saving here yet) there is a nice looking TS3 with a 3.9 RR with red stf and trin well above 1.1. It was well below the Taylor objective of yesterday's high (but, as above, we anticipate a failure to penetrate this level).

An hour later it is approaching the 1st wpt. Beautiful. Given the above indications and that it looks like the stf will be well inside the strength band at the target i'll look to manage this conservatively rather than with the atr stop. [The thick green lines on the attachment are yesterday's high and low]

The combination of Taylor and mtp can work very well.

If i can post a link to another site, for those struggling with Taylor's garbled prose search for posts by member named "WHY?" on http://www.traderslaboratory.com - the guy/girl knows his/her Taylor.

[TAS]

Thank you Edfash for informative post, it's testing our nerves now...but I am OK...it's about the end of this bounce in micro time frame...:)

Good luck to U as well

TAS

i'm there. good luck. hoping for a flush below yesterday's low, and perhaps a larger move down as the 5 min chart has the potential for another impulse down. a measured move down (larger time frame) can take us to at least 1313.

[TAS]

Thank you indeed miles2go, keep posting please...:)

TAS

So far NQ is respecting the waves. Will it reach Wave C?

[miles2go]

Thank you indeed miles2go, keep posting please...:)

TAS

Thanks for your support. But I am no expert here just trying to follow the great posts by all of you guys and learning what MTP can offer. I know, I have a long way to go.

[TAS]

Nice call here sr100m!, I DO agree your approach in this ES trade...

I'd rather move stop a bit later than earlier... now my stop is 1334.75, which is 1 tick above swing high, so worst case is to get 1 point profit, but in exchange for 10 points profit hopefully in this battle, i.e., from my entry 1335.75 to 1325.75 target...

Good luck to U as well...:)

TAS

...... i'll look to manage this conservatively rather than with the atr stop ......

[miles2go]

Thanks for your support. But I am no expert here just trying to follow the great posts by all of you guys and learning what MTP can offer. I know, I have a long way to go.

Intersting!!. Looks like it may touch the bottom of Wave 2 B before it bounces up. But again with the high TRIN, we need to wait and see.

[miles2go]

Intersting!!. Looks like it may touch the bottom of Wave 2 B before it bounces up. But again with the high TRIN, we need to wait and see.

Minor Wave 5 is reached at Typical Wave. It also coincides with Wave 2 or B bottom. Should be expect a bounce from here?

[TAS]

Hi miles2go,

Big picture ES and ER2 wave 4 forming in progress, but as time goes on, end of such wave looks more fishy to me...

Let time tell...

TAS

Minor Wave 5 is reached at Typical Wave. It also coincides with Wave 2 or B bottom. Should be expect a bounce from here?

[TAS]

Market reaches my target finally, due to recalculated entry and exit, I got 5R on this short, and I might finish off today after 3.5 hour fight...

See U all in the end of month, for me... not forecasting... regardless what day it might be, it has SOME probability to finish higher... you know why... for the performance report of the equity fund manager...

Nothing certain I would add to this...:)

Good luck to all still shorting, I might leave another 10 points on the table as Edfash pointed earlier...but enough for me, especially this is afternoon of FRIDAY...

TAS


Nice call here sr100m!, I DO agree your approach in this ES trade...

I'd rather move stop a bit later than earlier... now my stop is 1334.75, which is 1 tick above swing high, so worst case is to get 1 point profit, but in exchange for 10 points profit hopefully in this battle, i.e., from my entry 1335.75 to 1325.75 target...

Good luck to U as well...:)

TAS

[shapoklya]

Hi miles2go,

Big picture ES and ER2 wave 4 forming in progress, but as time goes on, end of such wave looks more fishy to me...

Let time tell...

TAS

Anyone, except for me got long on ES manual DP off yesterday's low, or I am the only one who believed it? :D

[TreeShaker]

Anyone, except for me got long on ES manual DP off yesterday's low, or I am the only one who believed it? :D

Longs look mighty risky today. Anyone have any info as to what level we might expect a reversal to the upside. From my calculations I expect YM to have hit bottom of current down leg.

[d-day]

Longs look mighty risky today. Anyone have any info as to what level we might expect a reversal to the upside. From my calculations I expect YM to have hit bottom of current down leg.

I had the current 1320-ish as a support area myself, and I wouldn't be surprised by a "stop sweep" poke to 1319.50-75. But if we break 1320 without recovering it quickly, then I think 1312-13 is the next stop.

[d-day]

Anyone, except for me got long on ES manual DP off yesterday's low, or I am the only one who believed it? :D

I'm nothing but shorts so long as it is still Short Sale Day and we are below that last swing high.

[d-day]

I had the current 1320-ish as a support area myself, and I wouldn't be surprised by a "stop sweep" poke to 1319.50-75. But if we break 1320 without recovering it quickly, then I think 1312-13 is the next stop.


My plan: Above 1320.50, I'd bet we will have seen the LOD, otherwise, we see 1312ish before the close.

[Larry22]

I'm nothing but shorts so long as it is still Short Sale Day and we are below that last swing high.

Yup I agree with you, since we reached the 684 level in the ER2,I decided to take profits on what I had left in the market. :D

[d-day]

Anyone, except for me got long on ES manual DP off yesterday's low, or I am the only one who believed it? :D

I wonder how many $$'s have been lost by MTPtraders trying to catch DP's against the trend. Here is something that might save you some money:

If the market has been trending for all or most of the day coming into a DP, take a look at the 13 or 14 period ADX - if it is rising going into the DP, and especially if it is >30, and if it (it being the ADX) is making a new momentum high for the move, DO NOT FADE THE MOVE.

That right there will save you 10R's/month in losses. It has certainly saved me that much since I implemented it.

[d-day]

I wonder how many $$'s have been lost by MTPtraders trying to catch DP's against the trend.

And please don't think I was tring to pick on you, Shapoklya. We have all been there, and I got tired of it, personally. So I just thought I'd share what I have found to help me.

Best wishes,

d-day

[miles2go]

I wonder how many $$'s have been lost by MTPtraders trying to catch DP's against the trend. Here is something that might save you some money:

If the market has been trending for all or most of the day coming into a DP, take a look at the 13 or 14 period ADX - if it is rising going into the DP, and especially if it is >30, and if it (it being the ADX) is making a new momentum high for the move, DO NOT FADE THE MOVE.

That right there will save you 10R's/month in losses. It has certainly saved me that much since I implemented it.

Thanks D-day for your valuable advise. Actually after your introduction of TTT to the forum I have been following the cycles and decided not to go LONG on SHORT Sale days. But your addition of ADX technique may be another way of looking at LONGS on these days. I appreciate your posts to educate the newbies like me.

A clarification:
Do you mean 'DO NOT FADE THE MOVE' mean the move after DP with ADX rising above 30?

[Larry22]

WOW great reaction from the 38% retracement hourly, I bought at 682 and just sold at 685, another nice profit to finish the week-end. :D


Laurent

[d-day]

A clarification:
Do you mean 'DO NOT FADE THE MOVE' mean the move after DP with ADX rising above 30?


"Fading the move" means going against the trend. Do not go against the prevailing trend, e.g. today the trend was down, do not "fade" that move by going long at the DP.

Also, I have to thank Pegagsus for having long ago recommended Dr Charles Schaap's excellent book, ADXellence here on this forum for having introduced me to the incredible versatility and usefulness of the ADX/DMI.

[TAS]

Well , for the Dp things, just as D-day says, we should be MORE LOGIC than it presents to us, maybe it's a bad thing for some since we have a technique called MANUAL DP, which is only powerful to people who know when to apply it...

I would emphasize that nothing wrong with MTP, applying MTP in different way can make a biggerrrr difference in the end of day, week and month.

To save Rs resulting from un-logic DPs is to make money to some degree...

Good luck to all..:)

TAS

[TreeShaker]

I wonder how many $$'s have been lost by MTPtraders trying to catch DP's against the trend. Here is something that might save you some money:

If the market has been trending for all or most of the day coming into a DP, take a look at the 13 or 14 period ADX - if it is rising going into the DP, and especially if it is >30, and if it (it being the ADX) is making a new momentum high for the move, DO NOT FADE THE MOVE.

That right there will save you 10R's/month in losses. It has certainly saved me that much since I implemented it.

At the risk of looking dumb, it's ok to be dumb, just don't show it LOL, what does it mean to fade the market?

[shapoklya]

And please don't think I was tring to pick on you, Shapoklya. We have all been there, and I got tired of it, personally. So I just thought I'd share what I have found to help me.

Best wishes,

d-day

D-day, I post it to the forum to get the feedback, and I appreciate you taking time to write the educational posts for us. I know I was bottom picking ( on a short sale day :( ) so I only risked .25R on it. But it's the first time I see you mentioning AXD, so it was worth to loose .25R to learn about it. :)

[Larry22]

At the risk of looking dumb, it's ok to be dumb, just don't show it LOL, what does it mean to fade the market?


"Fading the move" means going against the trend. Do not go against the prevailing trend, e.g. today the trend was down, do not "fade" that move by going long at the DP.

Also, I have to thank Pegagsus for having long ago recommended Dr Charles Schaap's excellent book, ADXellence here on this forum for having introduced me to the incredible versatility and usefulness of the ADX/DMI.


On a previous post

[d-day]

But it's the first time I see you mentioning AXD, so it was worth to loose .25R to learn about it. :)

I do not use ADX often, but it is always helpful to take a look at it before taking trade counter the larger degree trend.

[TreeShaker]

Someone on here posted awhile back with a link to someone that has a web page where they post their EW count and said that he is pretty accurate and good to compare with. I can't find the post or the link, which I thought I saved. Would you please post it again. If that's not allowed please send me an email with the link.

Thanks in advance. :)

[TreeShaker]

Does anyone know if there is a TRIN indicator for NT? I hear referrence to it here say don't go against the TRIN. Thought it might be worth looking at. Wow, TRIN, ADX, EW, Taylor, MTP, Stochastics, I don't know if I will have time to trade. LOL

[sr100m]

Does anyone know if there is a TRIN indicator for NT? I hear referrence to it here say don't go against the TRIN. Thought it might be worth looking at. Wow, TRIN, ADX, EW, Taylor, MTP, Stochastics, I don't know if I will have time to trade. LOL

To get TRIN in NT you open a completely new chart and then select TRIN from among the list of indices in NT instruments. You can't add it as you would an indicator under your emini chart as you can in esignal.

[miles2go]

Does anyone know if there is a TRIN indicator for NT? I hear referrence to it here say don't go against the TRIN. Thought it might be worth looking at. Wow, TRIN, ADX, EW, Taylor, MTP, Stochastics, I don't know if I will have time to trade. LOL

Yes. Choose Instrument Type as Index and Name as TRIN & TICK. These are actually SYMBOLS. I keep these two line charts (resized just to see the values) one above the other(TICK above and TRIN below)and on the right most of the screen, without any indicators on them, so you know if both move in the opposite direction it is bullish and if they move in closer, it is bearish.

[kbednar]

Someone on here posted awhile back with a link to someone that has a web page where they post their EW count and said that he is pretty accurate and good to compare with. I can't find the post or the link, which I thought I saved. Would you please post it again. If that's not allowed please send me an email with the link.

Thanks in advance. :)

.................................................. ..................................................
Treeshaker,

I am not sure if mine is the link you are referring to, but here is what I posted......before Steve pulled it off the forum. I guess he does not like the competition or something. About 70% of my trades are non MTP, therefore I do not post much, as this is supposed to be an MTP board. But I do monitor the Forum posts. Good Luck.

He will post a weekend summary.

Ken:) :) :)

[TreeShaker]

.................................................. ..................................................
Treeshaker,

I am not sure if mine is the link you are referring to, but here is what I posted......before Steve pulled it off the forum. I guess he does not like the competition or something. About 70% of my trades are non MTP, therefore I do not post much, as this is supposed to be an MTP board. But I do monitor the Forum posts. Good Luck.

He will post a weekend summary.

Ken:) :) :)

Thanks for the reply, I have it bookmarked for sure this time. :)

[TreeShaker]

Thanks to miles2go and sr100m for the TRIN info. I will check those out for sure. :)

[d-day]

.................................................. ..................................................
Treeshaker,

I am not sure if mine is the link you are referring to, but here is what I posted......before Steve pulled it off the forum. I guess he does not like the competition or something. About 70% of my trades are non MTP, therefore I do not post much, as this is supposed to be an MTP board. But I do monitor the Forum posts. Good Luck.

He will post a weekend summary.

Ken:) :) :)

Hi Steve,

Do you really think it necessary to censor a link to Tony's blog? His website is simply his commentary on his own elliot wave based market analysis.

I know this is your forum, but this one has me baffled. Tony's blog is FREE, and it is of an educational nature where readers can learn "Market analysis using proprietary Objective Elliott Wave techniques". Such education seems to me to enhance an MTP users ability to benefit from your software. The only fee-based service he offers that I aware of is elliot wave tutoring, and you have to find his other website to even learn that he offers tutoring. I do not see how making reference to Tony's blog should be viewed any differently from making mention of Investor's Business Daily, Barron's, or the Wall Street Journal. In fact, if you have an affiliate program, perhaps you should contact him and see about having a link to MTPredictor's website and forum posted on his blog.

Thank you,

David

[Steve Griffiths]

Hi Dave

Please leave this with me, while I take a look and contact him directly. I have to be careful as there is so much rubbish out there, especially on the Topic of Elliott Wave analysis. I just don't want the newer EW's trying to fight with a EW approach that does not work.

I also do not allow advertising of other commercial products, as that could just degenerate the high quality of this Forum. So my first instinct is to remove any URL's until I check them out........... And that is what I will do now - take a look for myself.

I am sure you understand....

Thanks

Steve

[Steve Griffiths]

Hi Guys

A nice quick +2.9R Profit just unfolded on the 3min FTSE, for those of who who were alert.....

Steve

PS, charts was the new v6.0 that we are still working on here "in-house"

[TreeShaker]

What is the outlook today for Taylor and EW count?

[d-day]

What is the outlook today for Taylor and EW count?


Vinecreeper, have you even bothered to get a copy of Taylor's book?

With respect to TTT, if you have paid even the slightest bit of attention, you really should have at least enough of it figured out by now so as not to have to ask what cycle day it is. If you accept that the TTT cylce as most folks here sem to be interpreting it is correct, then you only need to go back to the last time you asked and see what day it was then. Then count forward, and you will know what today is.

Apply yourself! :)

[TreeShaker]

Vinecreeper, have you even bothered to get a copy of Taylor's book?

With respect to TTT, if you have paid even the slightest bit of attention, you really should have at least enough of it figured out by now so as not to have to ask what cycle day it is. If you accept that the TTT cylce as most folks here sem to be interpreting it is correct, then you only need to go back to the last time you asked and se what day it was then. Then count forward, and you will know what today is.

Apply yourself! :)

Sorry David, I haven't had time to read Taylor yet. I am currently rereading Steves manual.

[d-day]

Sorry David, I haven't had time to read Taylor yet. I am currently rereading Steves manual.


Great, Steve's manual is great stuff!

But you should read Taylor for yourself as well. It is an excellent manual on reading pure, unadulterated price action. Even if you decide not to apply his cycle analysis to your trading, his work will nonetheless help you. And also, if you haven't read Taylor's book at least once, I think that knowing what day of the cycle we are in is irrelevant. In fact, it will probably cause you far more harm than good to bother with TTT if you have not studied Taylor's explanation of its application.

[G Fryer]

Sorry David, I haven't had time to read Taylor yet. I am currently rereading Steves manual.

Taylor was published before we had editors... at least it reads that way. It is a LOT of work to get through. Chapters 1 & 2 explain the basic set-up of the book. Depending on when you start keeping track, you can still potentially establish a different 'day' for the cycle than if you looked at a larger set of data.

I like to keep track of daily ranges for 10 days anyway, so (at the least) I put my 'Taylor Day' in that spreadsheet... cycling buy/sell/short/buy/sell/short. Its nice to have a feel ahead of time what the range is and whether we are due for a higher or lower range than the past few days. Taylor does give me a slight bias, but I try to stay open to alternatives, at least early in the day. If it looks like there is a trend, especially if it coincides with Taylor, I try to find reasons to stick with it.

Last week, we had low range days, so you might expect a higher range of prices at least several days this week.

Gillian

[shapoklya]

What is the outlook today for Taylor and EW count?

Hi TreeShaker,
If reading the Taylor's book seems like to much right now. at least read supplementary articles in the back by Raschke and Angell or Chapter 15, Pertinent Points, of the book which is only 4 pages (it's actually Raschke's recommendation to start with it, that I found helpful) to get some idea.

Good luck :)

[TreeShaker]

Hi TreeShaker,
If reading the Taylor's book seems like to much right now. at least read supplementary articles in the back by Raschke and Angell or Chapter 15, Pertinent Points, of the book which is only 4 pages (it's actually Raschke's recommendation to start with it, that I found helpful) to get some idea.

Good luck :)

Thanks for the suggestion. Maybe the 4 pages will help until I can get into the whole thing.

[G Fryer]

If the market has been trending for all or most of the day coming into a DP, take a look at the 13 or 14 period ADX - if it is rising going into the DP, and especially if it is >30, and if it (it being the ADX) is making a new momentum high for the move, DO NOT FADE THE MOVE.

Umm, like now.

Gillian

[d-day]

Hi TreeShaker,
If reading the Taylor's book seems like to much right now. at least read supplementary articles in the back by Raschke and Angell or Chapter 15, Pertinent Points, of the book which is only 4 pages (it's actually Raschke's recommendation to start with it, that I found helpful) to get some idea.

Good luck :)

For the record, I have posted this in the past and I will post it again now - I do not recommend either Raschke's nor Angell's essays be read prior to reading Taylor himself. Skipping Taylor entirely or skipping around his book will also cause more harm than good. I see more people fail to understand Taylor because this is exactly the approach they took.

[XSFTrader]

I traded 3, 5 min on ES, ER2, YM and NQ. 60% draw down with 2% risk, almost 80% of signals are false and make total R/R to -30R... sigh...

[d-day]

I traded 3, 5 min on ES, ER2, YM and NQ. 60% draw down with 2% risk, almost 80% of signals are false and make total R/R to -30R... sigh...

Are you trading real dough? Or is that -30R simulated $$'s? How long have you been using MTP?

[XSFTrader]

Are you trading real dough? Or is that -30R simulated $$'s? How long have you been using MTP?

Real $$ in 2 weeks, only trade Auto setup.

[Larry22]

I traded 3, 5 min on ES, ER2, YM and NQ. 60% draw down with 2% risk, almost 80% of signals are false and make total R/R to -30R... sigh...

Ugh :confused:

How did you do that, did you traded every signal without taking anything into consideration as stochastic divergence gap up or down ??

I sure do hate that when someone has a a bad trading record.

Laurent

[d-day]

Umm, like now.

Gillian

I bought the pullback at 1323 and have no intention of being a seller yet. We'll see how price behaves around the 1326-26.50 pivot from Friday. I am also looking at a potenital 123Top right here if the 1322 support is breached before the 1326.50 high is exceeded.

[d-day]

I traded 3, 5 min on ES, ER2, YM and NQ. 60% draw down with 2% risk, almost 80% of signals are false and make total R/R to -30R... sigh...

And were you taking highly correlated positions? For example, were you simultaneously taking long positions based on TS3 buy signals on the ES and YM?

I do not know why folks think they should be trading all these time frames and all these markets to start anyway. Many times I still trade a one lot of the ES and I use a max stop loss of 3 points. And rarely do I allow a position to go against my the whole 3 points. That is merely a "worst case scenario" stop loss in case I'm filled and the market immediately spikes against me. I will very often bail -2 ticks to +2ticks if things do not move my way quickly. Just because you set a -1R hard stop in the market does not mean you ought to willingly sacrifice the whole 1R before you are willing to say "hey, I might be wrong here." You can always get back in ... believe me, your broker will be more than happy to let you back into hte market.

Insane how some folks treat their capital.

[Larry22]

I bought the pullback at 1323 and have no intention of being a seller yet. We'll see how price behaves around the 1326-26.50 pivot from Friday. I am also looking at a potenital 123Top right here if the 1322 support is breached before the 1326.50 high is exceeded.

Don't tell me you bough this morning. :D

I'm sure you noticed that the ES had reached a price cluster at 1309.50 this morning in the globex session.

I'm starting to think that you also have some kind of psychic power like edfash. :D

How could you know that it was the 50% total retracement from the 03-17-08 low and the 78% from the last wave.

Laurent

[Larry22]

Insane how some folks treat their capital.

Hey wait a minute, the capital where I live has allways been well treated it's Quebec city. :D

[d-day]

I bought the pullback at 1323 and have no intention of being a seller yet. We'll see how price behaves around the 1326-26.50 pivot from Friday. I am also looking at a potenital 123Top right here if the 1322 support is breached before the 1326.50 high is exceeded.

stopped at entry on that litle foray.

[XSFTrader]

Ugh :confused:

How did you do that, did you traded every signal without taking anything into consideration as stochastic divergence gap up or down ??

I sure do hate that when someone has a a bad trading record.

Laurent

As on today YM, I trade auto setup and with Stoch. is that what you mean?

[Larry22]

stopped at entry on that litle foray.

Too bad as we are still in a waiting mode to see if we are gonna see a fifth wave up.


Laurent

[Larry22]

As on today YM, I trade auto setup and with Stoch. is that what you mean?

Yup as you had a DP with stochastic divergence, so did you bought there.


Laurent

[d-day]

Don't tell me you bough this morning. :D

I'm sure you noticed that the ES had reached a price cluster at 1309.50 this morning in the globex session.

I'm starting to think that you also have some kind of psychic power like edfash. :D

How could you know that it was the 50% total retracement from the 03-17-08 low and the 78% from the last wave.

Laurent

It is amazing how well prepared one can be in advance. Today is also a TTT Buy Day, and as such, any brief tick back to friday's low should have been viewed as a low risk entry point.

[Larry22]

Well there it is, fifth wave on the ER2, FINALLY.

Time to ring the cash register bell.


Laurent

[G Fryer]

I traded 3, 5 min on ES, ER2, YM and NQ. 60% draw down with 2% risk, almost 80% of signals are false and make total R/R to -30R... sigh...

Most of us newbies can feel your pain... it doesn't matter how much paper trading you do, real money trading is different. Having said that, anytime you have a massive drawdown, you should probably step back and reassess your technique.

I have not had a good Feb & March, but if I had traded 'perfectly' I would have made over 200R! (the trades were there!)

MTP is not a black box... you need to scrutinize the signals more, and look to the big picture by doing projections using the EOD software, so you have a feel for where the market is trending. I've finally come up with the indicators I like to add to the graphs, but since most are lagging, they are not perfect either.

You are probably trading too much! I find that early in the day, there is a great trade that will get you on the right side of the whole day. If you miss that, you are constantly playing catch-up and usually chasing the wrong side. I have not been able to get my head to act as if I was in that trade when I missed it... that is part of the mental side of trading, which is huge. Also, I find I STILL move my stops too quickly, and miss out those big winners -- that is where the real money is to be made... so you want to stay in the trend of the day if there is one... look at longer time frames for this.

For the short term, I would look to one market and one time frame, like the ES (since it has so much volume) and 3 min. Learn how it behaves. D-Day's post about the ADX is priceless! You need a filter to ignore signals when they occur at inflection points but the market is strong... which it has been lately. MTP signals reversals, so on trending days you will have to find another way to play.

Very important: keep a journal of every trade and review what you did and what you could have/ should have done every evening when your day is done. Try to learn from your mistakes, because there is almost always a great lesson. Then look at forward and what set-ups are already appearing, so you can be prepared for tomorrow.

HTH

Gillian

[Larry22]

It is amazing how well prepared one can be in advance. Today is also a TTT Buy Day, and as such, any brief tick back to friday's low should have been viewed as a low risk entry point.

Now you tell me I tought it was laundry day. :D

Well I hope my wife will be happy.

P.S. Do we have to seperate colors or put everything in the washing machine oops I forgot the soap.

Laurent

[XSFTrader]

Most of us newbies can feel your pain... it doesn't matter how much paper trading you do, real money trading is different. Having said that, anytime you have a massive drawdown, you should probably step back and reassess your technique.

I have not had a good Feb & March, but if I had traded 'perfectly' I would have made over 200R! (the trades were there!)

MTP is not a black box... you need to scrutinize the signals more, and look to the big picture by doing projections using the EOD software, so you have a feel for where the market is trending. I've finally come up with the indicators I like to add to the graphs, but since most are lagging, they are not perfect either.

You are probably trading too much! I find that early in the day, there is a great trade that will get you on the right side of the whole day. If you miss that, you are constantly playing catch-up and usually chasing the wrong side. I have not been able to get my head to act as if I was in that trade when I missed it... that is part of the mental side of trading, which is huge. Also, I find I STILL move my stops too quickly, and miss out those big winners -- that is where the real money is to be made... so you want to stay in the trend of the day if there is one... look at longer time frames for this.

For the short term, I would look to one market and one time frame, like the ES (since it has so much volume) and 3 min. Learn how it behaves. D-Day's post about the ADX is priceless! You need a filter to ignore signals when they occur at inflection points but the market is strong... which it has been lately. MTP signals reversals, so on trending days you will have to find another way to play.

Very important: keep a journal of every trade and review what you did and what you could have/ should have done every evening when your day is done. Try to learn from your mistakes, because there is almost always a great lesson. Then look at forward and what set-ups are already appearing, so you can be prepared for tomorrow.

HTH

Gillian

Thanks a lot for the encouragement and advise, really need that. I was using ADX with DI+ and DI- as a filter, when come to MTP, I use NinjaTrader and its seems doesn't have that filter and make me hard to keep track... just wonder if anyone know how to make the DI+ and DI- shows on the panel please?

[d-day]

As on today YM, I trade auto setup and with Stoch. is that what you mean?


So you're telling us you bought right off the low of the day and you still had a losing trade? You let it come all the way back to that ATR stop?

If you were willing to let it go all the way back there, why not at least wait for the nearly inevitable 78.6-88.6% retracement before moving your stop up? That would have given you a chance to catch the trend day move.

[XSFTrader]

So you're telling us you bought right off the low of the day and you still had a losing trade? You let it come all the way back to that ATR stop?

If you were willing to let it go all the way back there, why not at least wait for the nearly inevitable 78.6-88.6% retracement before moving your stop up? That would have given you a chance to catch the trend day move.

Actually, as you can see the image, that one only have +1.4R. Even I follow the ATRstop, it will at breakeven point (even worst). Then the other 2 DP Sell wipe out all that +1.4R... (plus the previous failed Buy DP...)

[d-day]

For the short term, I would look to one market and one time frame, like the ES (since it has so much volume) and 3 min. Learn how it behaves. Gillian

Excellent advice!

Of course, Gillian, your entire post was excellent. But I do believe that that one piece there is the best anyone could get when struggling - no matter how long he or she has been trading. The most successful traders I know trade one or at most two instruments. Most trade either the ES or the ER2, and some trade both of those two, and I know one who trades the ES and the NQ.

[G Fryer]

We are now running into DPs on several time frames and a climax churn on volume, but TRIN and MACD-BBs remain strong and that ADX is rising again. My trendlines are intact and STFs are white or blue and all rising ... so the trend is still up.

Time to step away and stretch a little.

Gillian

[d-day]

Well there it is, fifth wave on the ER2, FINALLY.

Time to ring the cash register bell.


Laurent


Laurent, might that not merely be a wave 5 of III, and we still may have a wave IV down and then a 5 wave wave V advance to come?

What do you think?

[G Fryer]

Excellent advice!

Of course, Gillian, your entire post was excellent. But I do believe that that one piece there is the best anyone could get when struggling - no matter how long he or she has been trading. The most successful traders I know trade one or at most two instruments. Most trade either the ES or the ER2, and some trade both of those two, and I know one who trades the ES and the NQ.

Thanks :) I really like the ES... I can plot volume and tick charts 24 hours and get a much clearer picture. There just isn't the volume on the other indices.

G

[TreeShaker]

I traded 3, 5 min on ES, ER2, YM and NQ. 60% draw down with 2% risk, almost 80% of signals are false and make total R/R to -30R... sigh...

Hey XSFTrader, you trying to steal my crown? I'm the origninal -30R. If you must, go ahead. Gil says that paper trading doesn't help. I say, if you can't make money doing paper trading don't use real money. I went back to paper and stayed there for over a month before I consistently made money. It was small but positive. I then went back to real money and have been basically b/e. Real is different from paper, but like I said if you can't do it with paper you won't do it with real when presure comes into play. Pay attention to the advise on the forum assimulate the best you can. I seem to be a little dense and it take me longer. LOL As you try different things you might find your trading going up and down until get what works for you. I'm still working on that. Good Luck.:)

[Larry22]

Laurent, might that not merely be a wave 5 of III, and we still may have a wave IV down and then a 5 wave wave V advance to come?

What do you think?

Sorry for the delay as I was downstair doing some laundry. :D

When I talked about 5 waves up, I just meant from today's low. So from here we can retrace and this small advance could be wave A of a potential B wave up so wave B and C are still missing.

As usual this is just a scenario and waves and time sould tell us the answer.

P.S. I will let you know any developpement as usual per regular info chanel.

Laurent

[d-day]

Thanks :) I really like the ES
G

Me too ... I just wish it traded in dimes instead of quarters.

[Steve Griffiths]

I traded 3, 5 min on ES, ER2, YM and NQ. 60% draw down with 2% risk, almost 80% of signals are false and make total R/R to -30R... sigh...

I am sorry but I do not believe this.......... please email me privately with your trades, so I can point you in the right direction. The Forum is not the place to help get you onto the right track.

I suspect you are doubling up on risk as well as making a host of other mistakes.

Again, we will help you but the Forum is not the place for such detailed help, so please email me with a list of your trades so we can help

Steve

[jjc]

Actually, as you can see the image, that one only have +1.4R. Even I follow the ATRstop, it will at breakeven point (even worst). Then the other 2 DP Sell wipe out all that +1.4R... (plus the previous failed Buy DP...)


xsftrader - why dont you post your next trade as live as you can - maybe these guys can help you then - its easy to armchair, eh?

[Steve Griffiths]

Hey XSFTrader, you trying to steal my crown? I'm the origninal -30R. If you must, go ahead. Gil says that paper trading doesn't help. I say, if you can't make money doing paper trading don't use real money. I went back to paper and stayed there for over a month before I consistently made money. It was small but positive. I then went back to real money and have been basically b/e. Real is different from paper, but like I said if you can't do it with paper you won't do it with real when presure comes into play. Pay attention to the advise on the forum assimulate the best you can. I seem to be a little dense and it take me longer. LOL As you try different things you might find your trading going up and down until get what works for you. I'm still working on that. Good Luck.:)

Yep Treeshaker,

You are doing a lot better now, but still (from your own admissions) getting a lot of trades wrong. But overall making good progress - so a good example of what hard work and study can do....

Steve

[Larry22]

Hey XSFTrader, you trying to steal my crown? I'm the origninal -30R. If you must, go ahead. Gil says that paper trading doesn't help. I say, if you can't make money doing paper trading don't use real money. I went back to paper and stayed there for over a month before I consistently made money. It was small but positive. I then went back to real money and have been basically b/e. Real is different from paper, but like I said if you can't do it with paper you won't do it with real when presure comes into play. Pay attention to the advise on the forum assimulate the best you can. I seem to be a little dense and it take me longer. LOL As you try different things you might find your trading going up and down until get what works for you. I'm still working on that. Good Luck.:)


I agree that paper trading give you confidence and help you but you have to make sure that once you start trading you wil do the same thing as I know people who are very good paper trading as this doesn't really count so they are more willing to make trades but when for real they exit too quickly and missed nice profits trade.

You should pay attention to trades with possible stochastic divergence and also review your past trades .

Laurent

[G Fryer]

What I meant was that when you paper trade, you have less invested emotions, so you will never act the way you would with real money... unless you simply don't care at all about the money, which I doubt. We all have some kind of baggage that comes into play when we trade. You are definitely correct that if your system and rules don't work on paper, then don't move to real dollars... that's a given.

I've paper traded almost every market over 20 years almost seamlessly... its waaaay different with hard earned cash! If this were truly easy, everyone would be doing it. Its not easy even with a computer. And there is some 'human factor' that makes a great trader. A few of us are just gifted, but most of us have to work hard to develop it... it the greatest lessons usually come with a dose of pain.

Gillian

[Larry22]

What I meant was that when you paper trade, you have less invested emotions, so you will never act the way you would with real money... unless you simply don't care at all about the money, which I doubt. We all have some kind of baggage that comes into play when we trade. You are definitely correct that if your system and rules don't work on paper, then don't move to real dollars... that's a given.

I've paper traded almost every market over 20 years almost seamlessly... its waaaay different with hard earned cash! If this were truly easy, everyone would be doing it. Its not easy even with a computer. And there is some 'human factor' that makes a great trader. A few of us are just gifted, but most of us have to work hard to develop it... it the greatest lessons usually come with a dose of pain.

Gillian

Don't get me wrong, I totally agree that paper trading is the best thing to do to build your confidence as long as you have a game plan and follow it.

First you have to understand the markets, MTP rules and the basic of what drives the markets (waves and prices)

So if you haven't made money after a month you sure do have problems as you probably don't follow your rules, it's as simple as that once you realized that as long as you follow your rules you should ended up making money intead of losing it.

Laurent

[d-day]

If this were truly easy, everyone would be doing it. Its not easy even with a computer. And there is some 'human factor' that makes a great trader. A few of us are just gifted, but most of us have to work hard to develop it... it the greatest lessons usually come with a dose of pain. Gillian

I heard someone once say that trading for a living is the hardest way to make easy money that there is. Isn't that the truth?!

I am now and always will be my own worst enemy. I'm like Gillian, I see the trades, and +200R/month is out there, month after month. Too bad I can never seem to get my head together enough to grab it!

[Steve Griffiths]

I agree ............

But it is nice to see so many of you making good returns. I have to come back to Eddo here +83% in the first two months on the year, and I am sure a lot more of you have equally good results as well............. but it all takes time and effort....

Nothing in life is free ;)

Steve

[d-day]

I have to come back to Eddo here +83% in the first two months on the year

Is that what happened? eddo made so much loot he took the month of March off? Where are you Eddo?

[Larry22]

.. but it all takes time and effort....

Nothing in life is free ;)

Steve

Very wise words as sometimes some people seems to think that all you have to do is sit in front of your PC and wait for MTP signals, this is only one part of the trade as I think for myself it is important to know the big pictures and important support area like this mornig in the ES as this was a very low risk trade to buy near the low. Again to know that you needed to have studied your charts earlier.

Laurent

[Larry22]

Is that what happened? eddo made so much loot he took the month of March off? Where are you Eddo?

Didn't you tell me you were taking April off d-day. :D

[Larry22]

NQ seems to have a different wave count as we seems to have only 3 waves up ABC ? or 1, 2 and 3 with 5 waves in wave 3 or C.

ES could also be counted as a double ABC instead of a 5 waves advance.

As usual only time will tell.


Laurent

[d-day]

ES could also be counted as a double ABC instead of a 5 waves advance.

As usual only time will tell.


Laurent


Now that doesn't sound all that bullish, now does it.

In my opinion, the 1322.50-23 needs to hold to keep the up trend day possibility as the highest odds scenario. Back below there and I might just have to slip at least one arm in the bear suit.

[Larry22]

Now that doesn't sound all that bullish, now does it.

In my opinion, the 1322.50-23 needs to hold to keep the up trend day possibility as the highest odds scenario. Back below there and I might just have to slip at least one arm in the bear suit.

I can't say for sure as hourly it is only 1 wave but I hate it when the market leaves an open count to interpretation like that but that's the thing with waves. Still I think we have more room to the upside.

I will keep an eye on the NQ as we had a TS3 buy signal, we'll see if it tries for a fifth wave up.

It's still a good thing to keep your bear suit around just in case. ;)


Laurent

[Larry22]

Giving the fact that I 'm flat for the moment as I took profits on my last contracts on the fifth wave up.

I have more time to study the charts and try to evaluate possible wave count scenarios.

By the way if anyone else have possible wave count scenario don't be shy to post them.

Hum ...... I'm wondering if psychich edfash has something in his crystal ball. :D

Laurent

[Steve Griffiths]

yep, looks like 5-waves up is complete :)

Steve

[TreeShaker]

Now that doesn't sound all that bullish, now does it.

In my opinion, the 1322.50-23 needs to hold to keep the up trend day possibility as the highest odds scenario. Back below there and I might just have to slip at least one arm in the bear suit.

You getting that bear suit off the back of your chair? I just got stung by a YM TS2 long. Looked good with diverg and 3 points of confluence. Went down just the same. :(

[TreeShaker]

yep, looks like 5-waves up is complete :)

Steve

What data feed do you use for EOD futures?

[Steve Griffiths]

You getting that bear suit off the back of your chair? I just got stung by a YM TS2 long. Looked good with diverg and 3 points of confluence. Went down just the same. :(

Here is why................. a perfect EW sequence !

Steve

[d-day]

I wonder how many $$'s have been lost by MTPtraders trying to catch DP's against the trend. Here is something that might save you some money:

If the market has been trending for all or most of the day coming into a DP, take a look at the 13 or 14 period ADX - if it is rising going into the DP, and especially if it is >30, and if it (it being the ADX) is making a new momentum high for the move, DO NOT FADE THE MOVE.



If I may make one additional statement about whether I personally choose to fade or not to fade a move: if unusual or unexpected strength or weakness appears at or near the last hour of trading, I get very cautious, and I am not likely to try to fight that unusual or unexpected direction.

[Larry22]

What data feed do you use for EOD futures?


If not not mistaking he's usingE-signal that he converts in txt file so it can be imported in the EOD software.

[Steve Griffiths]

If not not mistaking he's usingE-signal that he converts in txt file so it can be imported in the EOD software.

Yep. I have the Data1.efs on the eSignal chart that writes out the eSignal chart data into an ASCI files each time the bar completes. then I read this in MTP EOD.............

Steve

[Larry22]

Yep. I have the Data1.efs on the eSignal chart that writes out the eSignal chart data into an ASCI files each time the bar completes. then I read this in MTP EOD.............

Steve

As I don't have E-signal software neither Treeshaker do you know any other way to do this cause Ninjatrader doesn't seem to convert data to ascii the right way to compare my wave counts with EOD software.

Laurent

[TreeShaker]

Here is why................. a perfect EW sequence !

Steve

I had my wave count wrong. I started my count where you have wave 2. I thought wave 4 was ending and that a short wave 5 was starting, be cause 3 can't be the shortest and 1 was longer than 3. Darn, wrong again.

[TreeShaker]

As I don't have E-signal software neither Treeshaker do you know any other way to do this cause Ninjatrader doesn't seem to convert data to ascii the right way to compare my wave counts with EOD software.

Laurent

Nope, that's why I keep asking. IB can't do it and Zen Fire doesn't either as far as I know. Not the free version anyhow.

[Larry22]

I had my wave count wrong. I started my count where you have wave 2. I thought wave 4 was ending and that a short wave 5 was starting, be cause 3 can't be the shortest and 1 was longer than 3. Darn, wrong again.


May I ask you if you use the intermediate trend filter as if you use it it is allmost impossible to miss this wave count.

Laurent

[Larry22]

Nope, that's why I keep asking. IB can't do it and Zen Fire doesn't either as far as I know. Not the free version anyhow.

Sorry the question was meant for Steve as I know you can't with Ninja

[TreeShaker]

Steve it would be great to have the EOD wave tools available for RT. In the past you said you didn't put them in because RT don't have time to manually put them in. But if you have to switch to EOD and update an ASCII file, it would be quicker to do in RT. I can't afford another data feed subscription to get RT futures data to constantly update EOD for wave counts. By the way, what do you suggest for this? I think several members that don't have Esignal might like to know.

Also, re: your earlier post about what we would like in help files or manual info. I would like to see more explainations on when or why to use some of the filters like the mjr setup, minor setup, also more infor on fib time projection, even though you don't care for it, some might find it useful. :D

[d-day]

Laurent, might that not merely be a wave 5 of III, and we still may have a wave IV down and then a 5 wave wave V advance to come?

What do you think?

I was thinking that something like this might be in the cards - of course, only time will tell.

[TAS]

HI D-day,

My chart gets major pivots connected and have the same possible further development on ES...let's see how we go...

Good luck.

TAS

I was thinking that something like this might be in the cards - of course, only time will tell.

[d-day]

HI D-day,

My chart gets major pivots connected and have the same possible further development on ES...let's see how we go...

Good luck.

TAS

Of course, what I have labeled as wave 4 may be an 1 or A down, and we may be mopping up the finishing touches on a wave 2 or B up right here and preparing for a 3 or C down.

[TreeShaker]

Did you guys (and Gil) trading the ES take the 1454 3 min TS2? At the time of the signal I didn't have pos. diverg and several sideway bars later it was very pos. I didn't want to make up rules to get in there. Just wonder how you guys handled the situation.

[d-day]

Of course, what I have labeled as wave 4 may be an 1 or A down, and we may be mopping up the finishing touches on a wave 2 or B up right here and preparing for a 3 or C down.

I would say that any the question has been resolved lol

[Larry22]

I was thinking that something like this might be in the cards - of course, only time will tell.


AH OK, now I see, the only problem is that I allways try to make my count fits with the 15 and 60 min charts int filter and for the moment we have 1 wave up on the 60 and 15 still on the 15 min we can see your wave count.

Nonetheless we can say for sure that we have wave possible 1A up or ABC that still can be interpreted as 5 waves or A B C up for the moment.

Laurent

[Larry22]

d-day I will study these charts later on this evening and let you know what I think as I have to prepare supper for my wife.


Laurent

[edfash]

price moved up in a 5 wave sequence, and then retraced in an abc. it seems there is room for price to continue to move up as the larger tf charts show less than a 38.2% retracement of the move down from last monday's high. the market tends to have an upwards bias more than 80% of the time into the monthly job report, so this is consistant with the current structure.
the termination of the 5 wave sequence corresponded to a nice MTP sell signal on the 3200 chart, this is very often the case.
have a peaceful night.

[TreeShaker]

Yes. Choose Instrument Type as Index and Name as TRIN & TICK. These are actually SYMBOLS. I keep these two line charts (resized just to see the values) one above the other(TICK above and TRIN below)and on the right most of the screen, without any indicators on them, so you know if both move in the opposite direction it is bullish and if they move in closer, it is bearish.

How many ticks do you set them to?

[Larry22]

price moved up in a 5 wave sequence, and then retraced in an abc. it seems there is room for price to continue to move up as the larger tf charts show less than a 38.2% retracement of the move down from last monday's high. the market tends to have an upwards bias more than 80% of the time into the monthly job report, so this is consistant with the current structure.
the termination of the 5 wave sequence corresponded to a nice MTP sell signal on the 3200 chart, this is very often the case.
have a peaceful night.

Thanks edfash, the last spike up seems to confirm that we will probably go higher as we had a 3 wave decline before and we broked that B wave with the spike so it looks corrective to me.

[TreeShaker]

Yes. Choose Instrument Type as Index and Name as TRIN & TICK. These are actually SYMBOLS. I keep these two line charts (resized just to see the values) one above the other(TICK above and TRIN below)and on the right most of the screen, without any indicators on them, so you know if both move in the opposite direction it is bullish and if they move in closer, it is bearish.

What do you use for a data feed. Zen Fire doesn't seem to support TRIN because I have a blank chart.

[TreeShaker]

Thanks edfash, the last spike up seems to confirm that we will probably go higher as we had a 3 wave decline before and we broked that B wave with the spike so it looks corrective to me.

we broked that B wave with the spike What does that mean Laurent?

[miles2go]

What do you use for a data feed. Zen Fire doesn't seem to support TRIN because I have a blank chart.

I use Interactive Brokers as the broker and the data feed to NT is free. The TICK/TRIN is also set at 3-mins not ticks.

Until Steve gets us the ver 6.0 which can also be used for RT(for all possible data feeds), we need to get an alternative way of downloading RT data to .txt to load into EOD to do the WAVE analysis real-time. As Steve posted, if we follow the Wave count and expect the next wave targets upfront, we could avoid the auto signals which are against the direction of the current major TF developing trend. To supplement this, if we use TTT I think we have a double edge.

As I posted earlier, I use Amibroker to auto-download the real-time data for every 3-mins to MTP EOD to analyze waves which has been working so far.

I hope it helps.

3-min

[edfash]

the waves that have unfolded has suggested that the abc correction may be wave 4, and that the 5 wave move has not completed (although it certainly does not have to complete). support 1316-18 looks critical, and should we move to new highs, the 5th wave should complete between 1333-38. that would correlate to a 50% retrace of the move down from last monday's high. should the market move hgiher than the 1361.5 pivot the hourly chart has room to move quite a bit higher. time will tell. one swing at a time.

[Larry22]

the waves that have unfolded has suggested that the abc correction may be wave 4, and that the 5 wave move has not completed (although it certainly does not have to complete). support 1316-18 looks critical, and should we move to new highs, the 5th wave should complete between 1333-38. that would correlate to a 50% retrace of the move down from last monday's high. should the market move hgiher than the 1361.5 pivot the hourly chart has room to move quite a bit higher. time will tell. one swing at a time.

The wave count on the ES can be labelled as 3 or 5 waves or a double abc from the 3 min charts but the thing I have noticed is that the decline until now seems a corrective one so we can name this wave 1A from a 15 min point of view as it can be 5 or 3 , then the next wave up if it unfolds should be an impulse one.

Again only time will tell.


Laurent

[Larry22]

we broked that B wave with the spike What does that mean Laurent?

On the 3 or 5 min charts you can see an ABC decline from the top then we had that big spike up that broke the B wave, so technically this doesn't look like an impulse wave down.

I hope this was clear enough.


Laurent

[Larry22]

This NQ wave count I'm sure off. :D

From the 15 min chart, they all look alike ES, NQ and ER2.

So we can say that we probably have 1,2 and 3 but only 3 new highs, so can't say for sure for some, but pattern looks corrective on the ES but can be impulse in the NQ.

Since I only have the E-Mini package with E-Signal I can't compare with the YM.

Bah tomorrow should show us the way.

Laurent

[Larry22]

This NQ wave count I'm sure off. :D

From the 15 min chart, they all look alike ES, NQ and ER2.

So we can say that we probably have 1,2 and 3 but only 3 new highs, so can't say for sure for some, but pattern looks corrective on the ES but can be impulse in the NQ.

Since I only have the E-Mini package with E-Signal I can't compare with the YM.

Bah tomorrow should show us the way.

Laurent

Sorry for the NQ pic as it seemed to be incorrect in the previous post.


Laurent

[TreeShaker]

I use Interactive Brokers as the broker and the data feed to NT is free. The TICK/TRIN is also set at 3-mins not ticks.

Until Steve gets us the ver 6.0 which can also be used for RT(for all possible data feeds), we need to get an alternative way of downloading RT data to .txt to load into EOD to do the WAVE analysis real-time. As Steve posted, if we follow the Wave count and expect the next wave targets upfront, we could avoid the auto signals which are against the direction of the current major TF developing trend. To supplement this, if we use TTT I think we have a double edge.

As I posted earlier, I use Amibroker to auto-download the real-time data for every 3-mins to MTP EOD to analyze waves which has been working so far.

I hope it helps.

3-min

I also use IB and tried their data feed also. My TRIN chart was still blank. I must be doing something wrong.

[miles2go]

I also use IB and tried their data feed also. My TRIN chart was still blank. I must be doing something wrong.

Verify if the TRIN symbol from IB is plugged in Symbol Map. I think that could be the problem.
Go to Tools-> Instrument Manager. Search for TRIN in the NAME field and edit. Go to misc tab and expand the Symbol Map. Look for the value for the field 'Interactive Brokers'. It should be TRIN-NYSE. See attached if it helps.

If you can find the TRIN symbol from zen-fire, you can plug it in field zen-fire and it should work.

[Steve Griffiths]

Hi Guys

Following on from the analysis yesterday, for me anyway to "best" trade was as the ES made a 3-swing (ABC) decline from the Wave 5 high (that we found automatically on the 5min chart).

Then (as we were getting near the close) the best idea was to take profit quickly at the DP from the minor Wave b high............

This would have netted a nice quick +1.8R yesterday.....

Steve

[XSFTrader]

Hi Guys

Following on from the analysis yesterday, for me anyway to "best" trade was as the ES made a 3-swing (ABC) decline from the Wave 5 high (that we found automatically on the 5min chart).

Then (as we were getting near the close) the best idea was to take profit quickly at the DP from the minor Wave b high............

This would have netted a nice quick +1.8R yesterday.....

Steve

Hi Steve, how can you place the wave count on the chart please? I am using NinjaTrader, is there anyway to place the wave count automatically like the one on your eSignal chart please? Thanks.

[Steve Griffiths]

That was a "manual" Wave count on the 3min chart, based on the automatic one found on the 5min chart I posted earlier.

At the moment the RT add-ons cannot perform this kind of "advanced analysis". I am looking to see if we can get NinjaTrader data out into a format that can be read in our EOD program....

Thanks

Steve

[edfash]

market is coming off a significant DB made 3/17. the hourly chart has shown 4 waves with perfect symmetry (price not time) between waves 2 and 4. should the market trade above the last swing high of 1361.5 projections of wave 5 (if it has a 1:1 relationship to wave 1) are at least 1390. needless to say there is resistance between here and there, but this fits nicely with the bullish monthly cycle into the employment report.
food for thought, time will tell.

[Larry22]

At the moment the RT add-ons cannot perform this kind of "advanced analysis". I am looking to see if we can get NinjaTrader data out into a format that can be read in our EOD program....

Thanks

Steve

That would be great as I would be able to compare with my wave counts.

When When When ????????

Laurent

[Steve Griffiths]

I have an email into my NinjaTrader programmer to see what we can and can't do, and I am just waiting for his reply

Steve

[tonis]

That would be great. I don't use MTP RT standalone simply because I can't get a free EOD decent enough data feed. But my NT could do nicely!

Thanks for the effort!

[Larry22]

I sure do hope that nobody tried to sell until now as we clearly are in a third wave up of a potential fifth wave.


Laurent

[XSFTrader]

I sure do hope that nobody tried to sell until now as we clearly are in a third wave up of a potential fifth wave.


Laurent


Hi Laurent,

May I know how you determine the third wave please? Using 15 mins chart or daily chart please? Thanks a lot.

[d-day]

should the market trade above the last swing high of 1361.5 projections of wave 5 (if it has a 1:1 relationship to wave 1) are at least 1390


I wish I had known you meant that the 1390 target would come into play today, edfash :)

[Steve Griffiths]

Hi Laurent,

May I know how you determine the third wave please? Using 15 mins chart or daily chart please? Thanks a lot.

Hi XSFTrader....

That is easy, please see below........... I think you need to spend some time reading and then learning the Trading Course, so you become familiar with the main Elliott Wave Patterns

I hope this helps ?

Steve

[G Fryer]

Remember that gap we talked about from 2/28 close @ 1369 and 2/29 open @ 1355? :D

Gillian

[TreeShaker]

I also use IB and tried their data feed also. My TRIN chart was still blank. I must be doing something wrong.

Thanks for your continued effort to help me with this. I may have misunderstood you about making a list called TRIN & TICK. I have now added TRIN & TICK to my default list with the Emini's. I will see if that gets the charts populated. Oh, and yes my IB setup was correct. Thanks.

[unkelmark]

Hi XSFTrader....

That is easy, please see below........... I think you need to spend some time reading and then learning the Trading Course, so you become familiar with the main Elliott Wave Patterns

I hope this helps ?

Steve

Steve what time frame was your ES chart on and was it RT or EOD?

thank you


Mark

[Steve Griffiths]

Steve what time frame was your ES chart on and was it RT or EOD?

thank you


Mark

Hi Mark

It was a 15min Chart

Steve

[G Fryer]

Steve what time frame was your ES chart on and was it RT or EOD?

thank you


Mark

(Sorry I'm not Steve, but I thought I'd step in.)

It was the EOD MTPredictor on a 15min chart. It is really useful to have both the RT & EOD software running: the EOD is able to show waves more clearly and you can do projections that I find a little easier to see... plus they stay on the chart. Using Tradestation in RT, I can only keep one projection at a time. The EOD data isn't updated automatically, but you can easily reload it. Its a great way to prepare for the day by looking at longer term charts and setting up the waves.



Gillan

[Steve Griffiths]

(Sorry I'm not Steve, but I thought I'd step in.)

It was the EOD MTPredictor on a 15min chart. It is really useful to have both the RT & EOD software running: the EOD is able to show waves more clearly and you can do projections that I find a little easier to see... plus they stay on the chart. Using Tradestation in RT, I can only keep one projection at a time. The EOD data isn't updated automatically, but you can easily reload it. Its a great way to prepare for the day by looking at longer term charts and setting up the waves.



Gillan

Exactly, a great way to keep an eye on the laregr degree picture

BTW, I am loking at ways to make this easier in the new v6.0 :)

Steve

[Steve Griffiths]

At the moment we have a "one button" chart refresh in v6.0, but I am still working on ways (timed updated etc) to make this better, but not quite there yet....

Steve

[shapoklya]

At the risk of appearing rude and mean can I make the following suggestion for the newer traders ( myself included):
BEFORE you ask a question THINK if you can research and find this info yourself, if you ALREADY spent a lot of time researching it and you have no clue, then ask. (Can ask Steve too, I am sure he will direct you) Those several experienced traders that post here are very nice to share their analysis with everyone. It's a great forum, try to follow it for a few weeks, and read previous posts, because a lot of things are repeated. Lets try not to overwhelm them with the questions, that with a little effort we can find answers to ourselves. It would certainly be very upsetting if they decided to leave the forum because they get swamped with the same simple questions over and over again.

I hope everyone understands that it is not my intention to offend anyone
Yana

[shapoklya]

Market had a great run today, has anyone found a good long entry?

[TAS]

Agreed G Fryer, and here I must second Laurent for urging NinjaTrader data written off to MTP EOD as soon as possible, I am sure STEVE know there are massive MTP (current or potential) users' demand for such brilliant wave functioning...

As usual, my gratitude to MTP team...:) :) :)

TAS


(Sorry I'm not Steve, but I thought I'd step in.)

It was the EOD MTPredictor on a 15min chart. It is really useful to have both the RT & EOD software running: the EOD is able to show waves more clearly and you can do projections that I find a little easier to see... plus they stay on the chart. Using Tradestation in RT, I can only keep one projection at a time. The EOD data isn't updated automatically, but you can easily reload it. Its a great way to prepare for the day by looking at longer term charts and setting up the waves.

Gillan



At the moment the RT add-ons cannot perform this kind of "advanced analysis". I am looking to see if we can get NinjaTrader data out into a format that can be read in our EOD program....

Thanks

Steve

That would be great as I would be able to compare with my wave counts.

When When When ????????

Laurent

[unkelmark]

Shapoklya if your comments earlier about redundant questions are refering to my question on this forum, contact me by sending a private message to me in this forum and i'll explain.

[TAS]

Hi shapoklya,

I am pretty sure that tick chart users may pop up later to show their trades overnight to long the market from the very beginning of the wave 3, that's from my squeezed eye to see into 24 hour minutes chart...but it was around 3am US EST, who is awaken or get alerted then...?

Good wishes to all...

TAS

Market had a great run today, has anyone found a good long entry?

[TreeShaker]

Verify if the TRIN symbol from IB is plugged in Symbol Map. I think that could be the problem.
Go to Tools-> Instrument Manager. Search for TRIN in the NAME field and edit. Go to misc tab and expand the Symbol Map. Look for the value for the field 'Interactive Brokers'. It should be TRIN-NYSE. See attached if it helps.

If you can find the TRIN symbol from zen-fire, you can plug it in field zen-fire and it should work.

I got it running now but only have a couple of bars on it. What time frame do you use for you TRIN & TICK. Pardon me if you already ans that. My mind will process anything in the future until the immedate problem is solved. LOL

[G Fryer]

Market had a great run today, has anyone found a good long entry?

I run a bunch of different charts for the ES and I saw a signal on the 5000 volume chart (24hour) TS3 buy @ 10:15 @ 1346. I don't usually trade that frame, but I have been kicking myself about it since I was looking for a long and this is now at.. what, about 7R or so.

You could also have traded (non-MTP) on bounces off support like trendlines and moving averages. We're finally seeing a TS4 correction right now which might offer an entry, but if this is the wave 4 correction, we have a ways to go down. ADX finally rolled over at 12:30, but I was seeing divergence all morning while the market was sky rocketing.

Gillian

[G Fryer]

Hi shapoklya,

I am pretty sure that tick chart users may pop up later to show their trades overnight to long the market from the very beginning of the wave 3, that's from my squeezed eye to see into 24 hour minutes chart...but it was around 3am US EST, who is awaken or get alerted then...?

Good wishes to all...

TAS

Yes there was a TS4 buy on the ES @ 1324.25 at 3:17 this morning on the 1600 tick, 24 hour chart. No, I was sleeping, and I'm two hours earlier anyway.

Gillian

[d-day]

At the risk of appearing rude and mean
I hope everyone understands that it is not my intention to offend anyone
Yana


I would hope folks do not take your advice. Perhaps you should log some time here before making such suggestions.

[TreeShaker]

Yes there was a TS4 buy on the ES @ 1324.25 at 3:17 this morning on the 1600 tick, 24 hour chart. No, I was sleeping, and I'm two hours earlier anyway.

Gillian

It could be worse, you could be in PDT on W. Coast like me, 3 hrs ahead of mkt time. LOL To get setup for open of mkt have to get up at 0530 hrs. I'm usually late. :rolleyes:

[miles2go]

I got it running now but only have a couple of bars on it. What time frame do you use for you TRIN & TICK. Pardon me if you already ans that. My mind will process anything in the future until the immedate problem is solved. LOL

I use regular market hrs: 9:30am to 4:15pm and on 3-mins. You may want to try the history for only today instead of the default 15days.

[G Fryer]

It could be worse, you could be in PDT on W. Coast like me, 3 hrs ahead of mkt time. LOL To get setup for open of mkt have to get up at 0530 hrs. I'm usually late. :rolleyes:

There you see, if we were REALLY COMMITTED we would be up at midnight (or 10PM) for you, so we could trade Europe & then the US!

G

[TreeShaker]

D Day, I know you said you are on a laptop, how do you manage your software re: checking ADX, your own indicators, and then your charts that you are watching. I think you watch the ES and NQ these days. I have 3 screens and would still be adding on to keep all these things up all the time. It seems that at some time or another you also refer to the TRIN. I need to know your secret of screen management. :D

[shapoklya]

I would hope folks do not take your advice. Perhaps you should log some time here before making such suggestions.

I've been on this forum for a long time, just did not post.

[TreeShaker]

I've been on this forum for a long time, just did not post.

How long you have been here doesn't matter. What I believe that David is saying to you is that the forum is for newbies and the dense also. What may seem simple to you may seem complex to others and they need directional help. So instead of telling them to shutup, you might assist in guiding them.

[shapoklya]

How long you have been here doesn't matter. What I believe that David is saying to you is that the forum is for newbies and the dense also. What may seem simple to you may seem complex to others and they need directional help. So instead of telling them to shutup, you might assist in guiding them.

I am sorry it's not what I meant at all (to tell anyone to shut up) , I will try to remove the post since it's not worth this discussion.

[Larry22]

Sorry to interrupt the debate here as I had to go away for a few hours for family purposes.

I don't know if some of you have noticed that we now have 5 waves in the last leg (fifth wave) on the 60 min charts.

We do not have a reversal yet but that will be interesting to watch closely.


Laurent

[d-day]

I've been on this forum for a long time, just did not post.

Well, you're new to me, and to everyone else here as well.

Here is my point: this is a tough, lonely business to learn, and it probably is the hardest way to make a living that I can think of.

In the end, Good returns to Good, so why deprive folks of the help they need while depriving others of the opportunity to help? So let's be good to one another and encourage one another.

[Larry22]

Oh and btw can some of you stop complaining, arguing etc... and keep constructive post please as I don't really have time to read unconstructive post.

I don't think you can learn something by posting comments like that, I am not blaming anyone but I sure do hate it when threads start to go the wrong way.

So please, everyone should try to contribute and not arguing for things that I consider irrelevant to the markets.


Laurent

[jswin]

Today was my first day trading MTP RT after a couple of years lurking in the background. I got off to a cracking start with about 4R on the ER2 around 2:55pm London time after an obvious ABC pulled back to the 76.4% Fib ( I think I may have been lucky and got in just before a news report...) - then I made a complete mess of things and lost it all + an extra R or so taking DPs.
Dday, I will read and reread your post about using the ADX as a filter.
Anyway, great to learn from you all and thanks for your posts.

[shapoklya]

My apologies to all, I agree with Laurent 100% and did not mean to start this debate. If anyone has anymore comments for me please send me a private message :)

[TreeShaker]

Originally Posted by d-day

If the market has been trending for all or most of the day coming into a DP, take a look at the 13 or 14 period ADX - if it is rising going into the DP, and especially if it is >30, and if it (it being the ADX) is making a new momentum high for the move, DO NOT FADE THE MOVE.

David, is this for a rising mkt with short DPs and it would be opposite for a dwn mkt. with long DPs. eg: ADX dropping into DP and <30?

[TreeShaker]

Sorry to interrupt the debate here as I had to go away for a few hours for family purposes.

I don't know if some of you have noticed that we now have 5 waves in the last leg (fifth wave) on the 60 min charts.

We do not have a reversal yet but that will be interesting to watch closely.


Laurent

Isn't leg 3 the shortest in this sequence? If that's so, isn't it invalid? I may be counting in the wrong spot again :o

[Larry22]

Isn't leg 3 the shortest in this sequence? If that's so, isn't it invalid? I may be counting in the wrong spot again :o

First of all I forgot to mention that most of the time unless specified my analysis is based on the ER2 and if you look carefully at one of my previous post where you could see my hourly count you would have seen that wave 3 had an extension with 5 waves filtered in it.

Now if you are referring about the ES then yes but this one is different as we may be heading for a double ABC or an extension in the third wave but since I don't study as much the ES I can't say much for now as I just came back 20 minutes ago.

You also have to remember that even if wave 3 is supposed to be the longest one that's not allways the case as it would be too easy, I would allready be a millionaire.
You can have extensions in any of the implulse waves.

Laurent

[Larry22]

1373.50 is a DP resistance level for the ES, in case some of you missed it.


laurent

[TreeShaker]

Is anyone using NT 6.5? If so has been working good for you? Any improvements to recommend it?

[Larry22]

Is anyone using NT 6.5? If so has been working good for you? Any improvements to recommend it?

What do you want to know as I have been using it since the beginning of the Beta release and never had any real problems with it and I would never go back to the 6.0 Ver.


Laurent

[TreeShaker]

What do you want to know as I have been using it since the beginning of the Beta release and never had any real problems with it and I would never go back to the 6.0 Ver.


Laurent

Thanks Laurent, that's exactly what I was looking for. Is there any that you especially find as good improvement?

[TreeShaker]

I didn't see anyone post a long trade other than the guy who made a pre mkt trade and gave it all back. Better trading tomorrow! I did see a mid day ES TSx long, that I didn't take because basically I was in an observer mode today while I sort out my trading rules. Did anyone take that and if so was it based on anything other than MTP printed it?