Stutters iyt does. I took a short from today's open. Let's see if it breaks above that at all. I don't think so.

US and Euro stocks mounting one more rally before crashing?

Yes, beautiful morning with the sun coming out after the sleet, and the markets moving But I've given up DAX. YM seems to be where the action is, and it's very easily traded in the mornings.

US and Euro stocks mounting one more rally before crashing?

The high was around the 22250 levels for YM (the Dow e-mini futures contract). The very high volume 19.52 (UK time) candle was the sign of what was to come. That was the January high, methinks, and wild volatility might be back

US and Euro stocks mounting one more rally before crashing?

Entry technique for the long from SMA200@H1 - the failure test: video

Islander and Medici trade the European open

SMA200 on the hourly was good for a significant bounce

Islander and Medici trade the European open

That makes sense

Islander and Medici trade the European open

As I understand it, you use them for profit-taking. There's another approach to channel trading. Below a SMA20 2.25 ATR channel on 1m DAX from today. Now, what's the point of a tighter channel? More than 85% of the candles are completely contained ...

Islander and Medici trade the European open

T3MA

Islander and Medici trade the European open

It's a smoother MA. I believe you should be able to find it earlier on this thread, from before 2012. See also url

Islander and Medici trade the European open

See previous post. Green = WMA30, Yellow = T3MA6

Islander and Medici trade the European open

Here's DAX with a 4 point candle, a 16 point wide WMA30 channel, 6 period T3MA, and a WMA100 for longer term trend.

Islander and Medici trade the European open

It's the DJi, but ok What I'm thinking is to make life easy and put a WMA channel around it. Here a 30 period channel with a 20 point band.

Islander and Medici trade the European open

Quite some volume coming in down here Distribution, and then accumulation ahead of tomorrow's ECB rally?

Islander and Medici trade the European open

Thanks. I was reminded of a recent blog post by Adam Grimes, where he makes a few points that I find relevant to the recent kerfuffle: Simple things work. Simple patterns can show a statistical edge. Trading is not nearly as intellectual or complex ...

Islander and Medici trade the European open

Guys, isn't passing judgement on each other, and questioning each other's character and abilities, on an anonymous online forum a bit out of place? What's the problem with accepting each other as we are, quirks and all?

Islander and Medici trade the European open

As to the depiction of the futures open in your chart, here's the advantage of overnight charts 50 tick chart with Keltner and Bollinger channels

Islander and Medici trade the European open

Pleasure having you Such behaviour not allowed on this thread

Islander and Medici trade the European open

Thank you very much for detailed response I agree about that the classical structure stuff (Wyckoff etc) is absolutely essential. No Bollinger Bands...So you do range/mean reversion trading by other means? And to me BBs have other, structural ...

Islander and Medici trade the European open

Thank you, that all makes sense. I found fti's diatribe in his first post a bit too categorical. I do think MAs are justified, and that point can be verified statistically, if desired. No other indicators But how about channels, like Keltner ...

Islander and Medici trade the European open

Thank you, and good morning. Does that mean that you trade naked charts, i.e. without MAs or indicators?

Islander and Medici trade the European open