markw

Difficult to predict with the Fed and Goldman controlling things mark

For more infrmation on the 30 minute 34EMA method 30-34 Mechanical Trading System by GB007 He stopped using it because the decrease in the daily range.

The volume has been on the light side. You had a good up move and punched thru 1000 so a pullback was possible. mark

http://www.cftc.gov/enf/00orders/enfrsofhouston.htm

Crimestopper thanks for your post . Mark

The setup is similar to Woodies CCI old setup called hook from extreme. The setup was entry on the passing the 200 line and hooking back across the 200 line. When Woodies room recently switched to range bar charts some testing by room members was done but proved not to be profitable. You can google for the old woodie cci manual

Although my main trading chart is the 3 minute I also have up a 233 tic chart. This allows me to enter sooner or later if I want on the move. Also on days like this a huge bar on the 3 minute could be 2 to 3 smaller bars on the 233 tic. This allows me to use smaller stops and keep my risk low. Mark