jack411

Nice call on 28 Schaefer! What made that your target? Just a breach of the low?

I checked out a couple days worth of the 1 min NQ with a 100 ema and it looked pretty ugly IMO. But no one has posted the last couple days so maybe it was just a rough couple of days for this method. How have the last few days been with ES and CL for you guys watching those markets?

How have your setups been working lately? Are you still mainly trading these or have you made adjustments? I usually don't watch CL....

Really? I always heard that it was Tradestation that didn't build the volume bars correctly. My Sierra charts have always looked fine. I'll check and see what other charting programs works best with my platform then I'll shoot you an email. Thanks!

Logic, Was this system ever automated ? Do you provide or sell the code? I was reading through the thread over on ET. Sorry, but could you explain what is meant by: "prime"? And "breach" just means a breakout, or a hh or ll correct? I would like to understand the system a little better but the terminology has thrown me off a bit. Your system seems eerily similar to the one I trade in terms of using an oscillator and multiple charts/time frames to look for confluence! Is the ergo indicator you use also known as a True Strength Index indicator? I didn't see it on Sierra Charts.

What are you basing your S/R levels on? Just wondering if these are major levels (ie. daily monthly) or just intraday levels? Earlier you mentioned you use VWAP intraday as well, correct?

Thanks for the response! I was mostly asking because I've always just looked at the YM, NQ, and ES. I've just started looking into oil and gold for the same reasons that you stated. Just wanted to see what the difference was in your eyes as far as some of the more common markets like YM and NQ versus the others. Meaning was it more choppy, or just different overall. As for as the options you listed as the end of your post - figuring out whether it will be a choppy or trending day is almost impossible. It's always obvious after the fact. I suggest setting loss limits and either changing strategies or calling it a day if one just isn't working. You know all the cliches by now - "live to trade another day", "capital preservation on tougher days is just as important if not more important as winning days", etc. If the market isn't behaving the way you like to trade, then just don't trade.

Dinero, What was it you think that gave you trouble on the YM and NQ? How did they compare to bonds, grains, and other markets you usually trade?

Hey Jay, Where did you buy that indicator?

Congrat on your success! Just out of curiosity what are your targets like? Point-wise I mean. I'm just wondering if you're trading huge lots for a few ticks of if you're catching big moves, or somewhere in between. I apologize in advance if you've answered this question in the past...

Hey Dinero, What tick chart is that?

Yeah I checked that page out to begin with . Thanks anyway for the link though. Here's what I got from as far as tick values - One thirty-second (1/32) of one point ($31.25), except for intermonth spreads, where the minimum price fluctuation shall be one-quarter of one thirty-second of one point ($7.8125 per contract). So 1 tick is $7.8125 during intermonth spreads (?) and during normal days $31.25. Hopefully BrownsFan can jump in and correct me if I'm wrong. Also, I was able to pull up the chart on Sierra. There seems to be gaps between the 1 minute price bars. Not sure if this has to do with the spread or not. I'm only used to seeing the typical ES,YM, and NQ charts. Anyone have a recommendation for constant volume or tick charts? 250,500,1000? Also anyone with any recent charts they could post I'd appreciate it. I'm also playing around with different time frames myself, but would like to see what others are looking at too! Thanks again guys!

Im also interested in taking a look at the 30 year bond charts but cant seem to pull it up on Sierra charts. The symbol is ZBZ9 correct? And as far as tick size, I was able to find this: Tick Size - One half of 1/32 of a point ($15.625 per contract) rounded up to the nearest cent per contract; par is on the basis of 100 points Thats a little confusing to me! I've read a few old threads on here but overall there isn't much info. Is it possible to trade the 30 year during US afterhours? I recall a post stating that the liquidity is still there. Thanks for any info! **** Just say this post on another forum. Looks like 1 tick is now $31.25 correct? On Sunday, August 30, 2009 (trade date Monday, August 31, 2009) the minimum tick size for 30-Year U.S. Treasury Bond futures will increase from ½ of 1/32nd of a point to 1/32nd ($31.25). The change will be applied to all expiration months. The minimum trading increments for futures intermonth and intercommodity spreads, as well as options, will be unchanged. This tick increase does not impact any other Treasury futures contracts. As a result of the tick size change, CME Group will modify the T-bond futures settlement procedure for Friday, August 28, 2009. In order to ensure that Friday settlement prices are in increments of a full 1/32nd , CME Group will calculate outright contract settlement prices by applying current settlement procedures and rounding them to the nearest 1/32nd price increment. Additionally, customers are asked to cancel all 30-Year T-Bond outright futures Good Till Cancel (GTC) and Good Till Date (GTD) orders by 4:03 p.m. CT on Friday, August 28, 2009. After 4:05 p.m. CT on Friday, August 28, 2009 all remaining 30-Year T-Bond outright futures GTC and GTD orders will be cancelled by the CME Globex Control Center (GCC). 30-Year T-Bond outright futures GTC and GTD orders may be re-entered during the Pre-Open period (4:15 p.m. - 5:30 p.m. CT) on Sunday, August 30, 2009. If you have any questions, please contact: Jonathan Kronstein (312-930-3472)

This is very very good advice.

I googled " November 2009 emini chart with scalper buy/sell inidcator" but didn't get many results. Thanks for the contribution though. If anybody has anything meaningful to add I'd be interested. I hadn't seen this indicator until I came across this thread. It looks to be similar if not the same as the 3br.

Looks like this thread was started back in 07 unless I misread it. Could someone post a recent chart with this indicator? Just wondering if it's still effective on the eminis. Thanks!