walterw

Hi cooter, I never really payed attention to this one, how is liquidity and range here ?...

Ok here I post todays ABC`s trades so far... from my trilogy they are the most easy to find and trade... if I keep this level of success during one month with abc`s I will probably simplify my life and only trade abc`s.... they have intrinsic concepts derived from flip and what I most like its the momentum factor here... cheers Walter.

Thats a good point... Do you think that during the transition of russell Ym could see more volume ?

How about compared to 2006 ? do you see an overall higher volatilty ?

Ok.. thats what I want to confirm, because I am following Ym at this time and I am not that familiar with it, thought I see great action going on here...

I dont know if Ym traders had noticed an incremented volatilty in this emini... (its moving like a bronco, similar to russell) could this be related to some traders migration from Russell to ym ? due to the changes russell has in front... If some noticed this... please I would like to hear their comments... cheers Walter.

thanks Soul, will appreciate much..

nope, I still see a file name... no small image there...

Let me test here...

here you can see what kind of junk the masses consume... and the media takes great advantage of the people incapacity of discerning this fact...

I think you have a very powerfull piece of information here lets call it "1rst Hour Range"...(FHR) now what you can do about it should really be taken with some understanding of the posible market conditions : CYCLE or MOMENTUM .. the fact of having a range doesnt mean that you will have a momentum condition... we must remeber that Cycle is the norm, momentum is the exception... so its important to understand the fact that this range will try to keep all price action inside him... SO should we state that the norm here should be to cycle this S&R levels created by this FHR... (see 1rst graph).. Now If that is the case, by contrast... BREAKING this range would be a powerfull confirmation that MAYBE... this cycle condition is over and we may have some momentum showing its face... mmmmm (see 2nd graph) ONLY when we break this range we can say Cycle could be in jeopardy... and momentum may build in that direction... YET, false breakouts are a reality and timing should be taken after a pull and continuation morfology... I attach an example of having the FHR formed you wait until a break really confirms that cycle its now becoming momentum and you can even get very picky on a 1 min chart where to enter with a very tight stop and confirmated continuation after pull.... just some ideas here... Now back on the overall concept here: I think taking the trade inside the range its really dangerous as you dont have any confirmation that you will have momentum... actually. some ideas here Don... cheers Walter.

Don, I really dont want to interfere here, would you like to hear my input on this... ?

So you would take a position even before the break of the range ?... depending on the morfology of the next 1 hour candle... would that be the case ?

Yes Soul, I see the image ... its very functional to see the image of the attachments... saves time to select what image you want to see, specially if you combine in one post a chart and also an explanation graph... you can go directly to what you are looking for.... sorry if I am picky here... cheers Walter.

Ok, now I will share some modifications I am doing lately to my trading... I am having a very nice experience with ABC`s on 22 tick chart, using all indicators from 55 Tick... as you all know, I do very short trades like scalping type... I am not a long term trader, I like to make $300 per week in a 60 buck daily fashion, some weeks I end making more (500)... but I dont bother taking much more... I am using now a very exotic combination of indicators here on 22T to time my entries... with charts from Trademaven (my trading DOM soft charts)... now I combined tomatos with bananas and I got an apple pie :eek:... trading can be fun if you take your creativity to the next level... Now listen to this waco idea ¡¡ : I did put on the same oscillator pane three oscillators wich happen to have a very interesting ploting between them... they are NOT related... but their plotting values are very similar and I got a very fancy signal line for my cci turbo.... watch the pictures, you then tell me how crazy I am... cheers Walter.

yhea, you Brown made my mouth water with your ES trading man... I envy you... jejeje.... ES was a project for me, but never made it... not easy to trade, now volume there its really nice... cheers Walter.

yes you would have a small preview... like size of an avatar... now you only see a link...

Oh ¡¡ I thought you would follow specific price action in relation to the range.... I think I still dont get your entry rule clear here... Don could you mark on chart where that would be ? (the first one on 22/6).... thanks Walter.

Let me see if I understand this : you take the range created during that hour and the break of that range per example up, would suggest a long trade ? would that be the concept ?... That hour previous to london open would be the equivalent to our globex pre opening in futures wich is a very nice piece of information actually... thought going above or below THAT range means a lot for the bulls as to the bears...

I will look closer to NQ this week, sounds interesting this aspects on this future... I want to find the way to be able to trade 100 contracts confortably on a given future (ES would do it but I am not good at it )... I dont know if NQ would make it... someone here trades 100 contracts on NQ ? thanks Walter.

Soul, thanks for the hard work, I know it will really be beneficial for all of us... a question here: I noticed that the images on the posts will not appear as a small picture as we used to see before... would that be a new change ?

Oh Yes ¡¡ no doubt...

Hi Don , and thanks for sharing this ¡¡ its a very nice strategy and it has some good sense in terms of what the market may build or not in one direction.... I think i read something similar being monitored by John Clayburg but on futures... My two cents here would be in terms of timing entry... I think again that the break itself should not be taken right away BUT the continuation would be a very more competitive place to take the trade as also more confirmation that the direction will really build up... This is a great method I will like to interact on... thanks Don again, cheers Walter.

Well today I also couldnt get on TL... now is working fine...

Don I am really glad on your progress and I am glad I could help, thats what collaboration its all about, I also have been able to grow in a great way since interacting here at TL, and I know there are a new set of great things to progress in the times to come... keep up that good work Don ¡¡ cheers Walter.