Welcome Msg: Welcome index futures traders and TrendVUE.com alumni.  Today's charts at www.DaCharts.comWARNING: Any trades posted here are for educational purposes only. Do not trade other traders' calls unless you understand the trade and are prepared to take the a
Buffy_04364: Morning Team
gravestonedoggie: morning buffy
Orprepus: Good Morning all
Orprepus: any new thoughts on Howards chart?
Buffy_04364: no they stymied me
gravestonedoggie: it just shows pyra thing, right?
gravestonedoggie: on 4 min chart?
Orprepus: He had PPP on 4M right
Orprepus: roo many ppp's
Orprepus: PP
kinobi: where is T's room?
Orprepus: need that speel checker
gravestonedoggie: paltak, but the one that says trendvue with t and v
kinobi: tks
gravestonedoggie: think they in alphabetical order this morning
gravestonedoggie: looks to me like he may jsut be using 123's and 2b' as entry exit?
gravestonedoggie: or else is suing the pyra
gravestonedoggie: and i assume he elects not to trade after 3 pm
Buffy_04364: he is entering before the 123 sets up so don't think that is it
gravestonedoggie: i cant see that
Buffy_04364: basing it on PP doesn't seem right as there is not "concrete" anchor
gravestonedoggie: looks like after 123's
gravestonedoggie: except they dont look to be comletely consistently defined
gravestonedoggie: some are bery small 123's, some are not
Buffy_04364: hmmm what am I missing - where is the 123 for the second short
Buffy_04364: on 21
amer_68: 2 rules depend on whether he bounces off a horiz price line or closes beyond. if first enter when cross upward sloping trend take the low of that bar, if second when cross upward sloping trend take the low of last bar that enters horiz. What you think???
Daniel X: GSD first... good morning ..... i beleive alot of us did better than Retro yesterday,we can pretty much discount or not allow Retro to take the openning trade,i don't,at least not 15/5 style and that 1603 long was a valid Retro trade by i elected not to take it based on the fact that after a run up and being right at pivot point res1 at 1606 i stood aside. Retro needs some logic programming...imo including not taking trades between 11:30 and 13:00.....any thoughts?
gravestonedoggie: wonder if he is doing 12m, too - ie eyeball last 3 bars
Daniel X: g morningBuffy
gravestonedoggie: could be danile.. though to some extent those might make sense as individual trader discretinary filters
Buffy_04364: morning Daniel
Daniel X: oh sorry did not mean to interupt
Gorillatrader: no magic NO-NO between 11:30 and 13:00;
Buffy_04364: and others 
Buffy_04364: agree GT
amer_68: morning
rich012: gsd and buffy, who is "he"?
Buffy_04364: Howard is looking at a "thought" he has
Buffy_04364: only two rules
Buffy_04364: posted two charts yesterday with the trades reversing positions at each point
rich012: 2 rules for entering the nq?
gravestonedoggie: truue, no 1-2-3 on 21 2n short.. but may be other setups in addition to 123... that does not ahve to be only one
amer_68: buffy, gsd: What you think of my interpretation?
Buffy_04364: but wouldn't give us the rules so we been trying to figure it out
rich012: ok, will check them out
Buffy_04364: looking
rich012: dacharts_dachart_dacharts_dachart?
Buffy_04364: yes yesterday
rich012: I love a mystery!  LOL
gravestonedoggie: amer.. i think makes snese that his rules are based on the grid shown
Daniel X: Rich are u of the female persuation?
rich012: are howard's chaarts enign 20 and 21?
amer_68: 21
gravestonedoggie: so he has only 2 rules and is always in the market either long or short...?  .. i missed the discussion, so i did not know that
Orprepus: Buffy he posted 3 charts - two have signals- long, short and they other has PP with Tiki  which I think was a clue maybe
Buffy_04364: yes GSD
rich012: daniel, let's keep it a mystery!
Daniel X: u must be...women luv mystery!
Buffy_04364: amer - using those rules wouldn't he of reversed position on the run up?
rich012: LOL
Buffy_04364: yes GSD alway long or short in the market
gravestonedoggie: ok, thnx
larrybf: is info for retro trader still being posted?
Buffy_04364: Maybe Orprepus - but I would expect it more like tactrade.com charts
gravestonedoggie: then i dont think 123's
gravestonedoggie: i misunderstood
amer_68: At about 13:20?
Buffy_04364: larry the summary is under daily folder
amer_68: He never fully crossed abouve the green uptrend.
Buffy_04364: Dave is back from vaca soon and he will be updating all other info
larrybf: ok buffy-thanks
Buffy_04364: on 21 there is closes that crosses
Buffy_04364: pp rules are a close outside the channel
Buffy_04364: I still don't see anything consistant
Buffy_04364: we are probably making it too hard
Buffy_04364: he came back into the room last night looking for beanman or I - I was on the phone out on the porch and missed him
Daniel X: what #s are we waiting for @ 10am?
gravestonedoggie: system that is always in a position is interesting.. period of chop likely to kill results of any such system
tomsurf: 10pm is consumer conf.
Buffy_04364: looked like he pretty much broke even - was up 40 on nine trades is what I think he said
Daniel X: thnx Tom
rich012: I think howards rules are based only on pyrapoint.  Nothing else.
Daniel X: kinda late thou no?
Buffy_04364: with the anchor point not being fixed, is that possible?
Dirk-X: Should be down for morning with resistance hit at top of yesterday's move...
gravestonedoggie: buffy, sorry? broke even but was up 40 on 9 trades?
Buffy_04364: broke even on the chop
gravestonedoggie: oh
Buffy_04364: end result was nine trades up 40
gravestonedoggie: i c
Dirk-X: Look for retracement up to lower high...head and shoulders top....down for day...unless...
Daniel X: 1583 is Pivot and sup1 is 1561
rich012: That system yd was getting killed in the chop though
Dirk-X: Unless just stays in chop zone defined by friday afternoon and yesterday morning
Buffy_04364: howard"s
Buffy_04364: ?
rich012: buffy, yes....well actually it was losing just a bit in the chop now that I look at it.
Buffy_04364: is Dave getting home today or will he be able to join us today
Buffy_04364: right rich he didn't lose much at all
gravestonedoggie: the days he chose to post are days with decent trends
Buffy_04364: time line in pyra
Buffy_04364: he only got the idea sat for some day in July
gravestonedoggie: how can you tell it got chopped yesterday if we dont know waht the system is?
Buffy_04364: then tried it yesterday
Buffy_04364: cause he just reversed positions always in the market
gravestonedoggie: did he post yesterday's
Buffy_04364: yes
gravestonedoggie: yes, but he could ahve posted an example from a choppy day, too
gravestonedoggie: which is yesterday's?
Buffy_04364: no he was paper trading it yesterday
gravestonedoggie: oh
Daniel X: looks like the pit is waiting for the #@10
Buffy_04364: the second one
Buffy_04364: 21
rich012: and howard said there were just two rules for all those entries?
Buffy_04364: yes
rambler_12: inside bar five m?
Buffy_04364: retro was getting to subjective
Buffy_04364: yep there is one
Buffy_04364: possible bear flag on 3M
Dirk-X: Testing 20EMA45 at low of this 45min bar
Buffy_04364: tks
rich012: buffy, did he mean there were two different types of entries?
gravestonedoggie: he was -7 on 4 trades during the chop... not really breakevebn
Buffy_04364: he didn't say - just said two rules
Buffy_04364: didn't say he didn't lose just said he wasn't chopped to death  :-)
Buffy_04364: retro can lose 10 on two trades
Buffy_04364: not much diff as far as I am concerned
gravestonedoggie: oh.. above you said he broke even
Dirk-X: Thinking scalp here until out of this choppy top zone...
Buffy_04364: sorry pretty much broke even means different things to different people
Buffy_04364: which I already knew
Daniel X: Retro robot filled @ 82.50
gravestonedoggie: sure does
gravestonedoggie: daniel .. hehe
Buffy_04364: tested yest close?
Buffy_04364: or close to it
gravestonedoggie: i think any trend following system likely to suffer in chop.. but one that always has a position likely to suffer more in extended chop than a system that has rules for staying out of chop (of course, it is questionable whether retro rule for staying out of chop are effective, or for tht matter clear)
tang: are long dan
Buffy_04364: true GSD
Daniel X: no waiting for the # @ 10
Buffy_04364: ditto
Daniel X: retro is
tang: ok
Dirk-X: Daniel, # at 10 ??
Daniel X: consumer confidence
Daniel X: no?
Dirk-X: oh, thanks
Dirk-X: y
tomsurf: today is Consumer Conf. tomorrow is GDP
Daniel X: thats what someone here  said
Daniel X: oh ok 
gravestonedoggie: one area where you hope a discretionary trader has an advantage is standing aside in chop
Daniel X: Dirk...stepping aside?
Daniel X: lol
Daniel X: GSD ditto
Dirk-X: Yes
Dirk-X: think, until zone cleared, whether # out or not, think chop this morning
Buffy_04364: GT do you let upcoming reports influence your trading?
Gorillatrader: big #s, stay out
Dirk-X: Unless we break yesterday's low (1562.5)
gravestonedoggie: two stocks in backtests of broken uptrend lines, dell and msft... 
Gorillatrader: use tick charts to pick turns here
Dirk-X: retro out
Buffy_04364: tks - 
Gorillatrader: took +5 on Long, not going to wait for a stop
gravestonedoggie: actually, both those stocks would ahve to rally quite a bit to backtest the trendline
Gorillatrader: pays for movies and popcorn
Buffy_04364: :-)
ppusa: 1587 possibly HOD
ppusa: if lower low, then  HOD?
Daniel X: the # - or + ?
Daniel X: looks neg
ppusa: cc fell
Daniel X: ouch
Daniel X: anyone get this!!!???
Dirk-X: glad I'm such a liar, dan
Daniel X: what?
Dirk-X: got short at 73.5
Daniel X: good was looking to do same but .......
Buffy_04364: I was short at 78 but entered stop with wrong number so out for the run :-(
Dirk-X: thinking will trail with retro-trader
Buffy_04364: I get so mad at myself when I do that
Gorillatrader: take $, dirk
Daniel X: i will satnd aside till trend develops...no spike trading
rambler_12: i take it the consumer isnt confident: )
Daniel X: lol guess not
Dirk-X: out +10.5
Daniel X: good
Gorillatrader: WTG Dirk
Dirk-X: will wait for resistance at bottom of chop-zone to be confirmed
Dirk-X: yes GT :-D
Gorillatrader: when you have nice profit, book it.
Daniel X: 1561 was pivot sup 1
Buffy_04364: posted pyra
Daniel X: thnx
Dirk-X: yes, but could be major run down this morning
Gorillatrader: then, place SellStop below lows
Daniel X: ditto on the run down
Gorillatrader: could be, would be doesn't count, just the # marbles at end of day
Daniel X: over reaction?
rambler_12: [10:09] <NVBullnorBear> <leener> briefing trying to calm fears: 10:01 ET Economic Data : August Consumer Confidence fell to 114.3 from 116.3 in July, below the 117.5 consensus. Though a slightly negative reading for the market, the trend in confidence has been relatively flat, and this one number doesn't change that trend. 
Buffy_04364: tks ramblere
Gorillatrader: thx
Daniel X: gotta luv those 45 degree EMAs!
Buffy_04364: I sure do - if I could enter orders right!
Daniel X: lol
Daniel X: next trade is just around the corner
Buffy_04364: I don't know about anyone else but most probably do it twice a week
Gorillatrader: twice a week? do what?
Buffy_04364: true Daniel
Daniel X: no but i do miss qiute a bit 
Buffy_04364: enter wrong numbers for stops or something stupid like that when doing an order
jimbo_320: hello all
gravestonedoggie: jimbo
Buffy_04364: hi Jimbo
Daniel X: Jim!!
jimbo_320: daniel!!
Daniel X: hi
gravestonedoggie: bottom line is always how markets react to news, not how commentators interpret the news
Buffy_04364: another flag?
jimbo_320: sorry i'm later been playing golf !
Buffy_04364: true GSD
Buffy_04364: Hope you had a good game
rambler_12: how many time a week do u accidentally get it right : )
Buffy_04364: it is usually with stops that I goof
Daniel X: rambler...from the time i get up in the morn!!
Buffy_04364: can't remember last accidental in
Dirk-X: short
Buffy_04364: ditto
ppusa: 50 point PnF reverses 1550
jimbo_320: well whats caused this sell off
ppusa: new lows
Buffy_04364: consumer confidence
Buffy_04364: report
Buffy_04364: fell
ppusa: nq traded up to resis at 1600 after being up 3 days
ppusa: forget CC
jimbo_320: or lack of
ppusa: weak before announcement
Daniel X: Retro stop moves to 68.50
Buffy_04364: agree
Dirk-X: SL=b/e=62.5
Buffy_04364: same here SL b/e
Buffy_04364: I did it right this time LOL
Daniel X: 2B or not to be
jimbo_320: sell of into the close yesterday, maybe gave clues
ppusa: posted a chart
jimbo_320: retro short from 72.5?
Daniel X: 1561 pivot sup
tang: b/e stand for?
jimbo_320: 1561 is bottom of downtrend line, crack this next supprt at 1520
Daniel X: 200 ema on 15 min
Daniel X: holding
Daniel X: 1540 here we come
Buffy_04364: 1543 nxt S for pyra
Daniel X: as always Buffy!
Dirk-X: SL to 54.5
Buffy_04364: :-)
Daniel X: 5 locked in
Gorillatrader: nice Dan..good money management
Daniel X: thnx
Dirk-X: 52.5..10 locked
Buffy_04364: nice Dirk
jimbo_320: anyone got ib problems this am?
Buffy_04364: tks ppusa
ppusa: the dow and sp are breaking below daily ma's, couldn't get through longer term ma's at recent rally high. doesn't look like a very positive outlook for the futurre. The only bullish chart I have left is the 200 point PnF. The 125 reversed yesterday. I don't play the 200 with it's current pattern.
Yukoner: nope, just problems with covering too early
Daniel X: low wont go
Dirk-X: out 50.50..+12
Buffy_04364: is is now tested a TL from somewhere
Buffy_04364: 1548
Gorillatrader: look at the SOX
Daniel X: +7.5
jimbo_320: GT y sox at 100ema
ppusa: bit oversold here
Daniel X: 8.5
ppusa: don't know how big a rally one could expect a fake out
ppusa: unless
Yukoner: which emini are you guys mainly trading?
Buffy_04364: NQ
Gorillatrader: thx, jimbo
Buffy_04364: I believe
Yukoner: k, thx
Yukoner: ES here, with occasional NQ trades
Buffy_04364: we have a few who do those too so please feel free to type away  :-)
Daniel X: Retro still in
jimbo_320: finally got into ib now the selling has climaxed just my luck
ppusa: gap low was 19 from a couple days ago
Daniel X: Retro short from 73.50 stop @ 63.50
ppusa: 19 intraday and 15.5 overnight
Buffy_04364: tks
Dirk-X: Support is from high of Thursday/ head and ahoulders bottom, right shoulder....die or do time
ppusa: i have 15 minute on support right here
tang: dan, dirk and buffy, keep posting or call possble any siganl.  appricate it.
ppusa: real question, is this retracement and we go higher or new lows around the corner?
Yukoner: new lows
ppusa: well markets couldn't put much of a dent in the overhead resistance so...
Daniel X: Retro stop moves to 54
Dirk-X: Short
Dirk-X: SL at 50.50
mike_bruns: Just hold  the shorts.
Buffy_04364: Hi Mike
Buffy_04364: tks
mike_bruns: Expect bad revised 2nd quarter GDP numbers tomorrow.
Buffy_04364: Oh what was suppose to have happened a few weeks back
Buffy_04364: have a question - with your new longer term strategy, you are holding eminis overnight?
Buffy_04364: or still daytrading them
Yukoner: order in to sell 1170
ppusa: Mike what happened to the long bias from yesterday?
Buffy_04364: and just holding the commodities overnight
Gorillatrader: have Suspenders and buckle holding my SHorts on
rambler_12: 41.50 support?
Gorillatrader: no conviction, whishy washy
ppusa: so what changed your mind?
jimbo_320: tick -511
ppusa: y
Buffy_04364: LOL GT
Buffy_04364: tks jimbo
Gorillatrader: I'm like Charlie Brown, go with the flow
Yukoner: yep
ppusa: Charlie Brown? flow?
Buffy_04364: 1528S for pyra now
beanman_1: GT , or like Forest Gump..
Gorillatrader: bye mike, see ya
Gorillatrader: whatever, no backbone here
ppusa: i shorted 4 contracts nq yesterday
Gorillatrader: just follow the lines
Dirk-X: out +5
Daniel X: good
tang: good dirk
Buffy_04364: nice ppusa guess you made up that loss :-)
ppusa: who is going to ask if I am still in them?
Buffy_04364: I will
Buffy_04364: LOL
Gorillatrader: me?...probably not
ppusa: n
Yukoner: still in?
Daniel X: Retro still short  from 73.50 stop @54
jimbo_320: out es +2
tang: wow daniel
mike_bruns: I forgot to mention that the ES is at 101% of the anticipated range for the day and the NQ is at 89%
Yukoner: cmon 1170
Buffy_04364: thanks Mike
Dirk-X: Gorilla, you still taking signals like the long-tail on the 3min for reversal
Gorillatrader: yes, love dragon fly candles
larrybf: mike how do you calculate anticipated range?
Dirk-X: are you long now?
Gorillatrader: me, yes Long
Gorillatrader: ctr trend, higher risk
Dirk-X: thought so...
Daniel X: tang sorry a mistake on my part those figures not correct...trading yself so its hard to keep track
Daniel X: but
tang: sure, dan
Daniel X: the 73.50 short was stopped out @ 66 on 5 min inside bar rule
gravestonedoggie: dcc on 5 min
tang: i am learning on paper.  but hope some one would call out the trade to learm from that.
Daniel X: re entry was short @ 57.50 stop is @ 54
Gorillatrader: out long, btw
Daniel X: so not @ 48 on 5 min inside bar rule
Daniel X: so now 
Daniel X: @ 48
tang: ok
jimbo_320: looking weak here, was the report that bad?
ppusa: hour bars on 200 ma but I don't feel like stepping infront of this
jimbo_320: 68 is the es test
Buffy_04364: dropped much more than expected
ppusa: broke to upside of short term ma's on 1 min
Daniel X: Retro stopped @ 48
Buffy_04364: Consumer Confidence fell to 114.3 from 116.3 in July, below the 117.5 consensus.
Buffy_04364: is what was posted by team member :-)
Daniel X: Retro stats...-5/+7.5/+9.5   12 positve on the day
jimbo_320: posted sox chart,very weak
Buffy_04364: is that the snaf chart that won't open jimbo?
larrybf: the big 10:00 drop coincided with that announcement-buffy
Buffy_04364: yep it did
Daniel X: Tang you follow?
larrybf: do Goldman and the big boys get that info earlier on the blloomberg terminal?
Buffy_04364: I don't know
luv-to-trade: that's kind of strange, dow making new lows, but nothing else is.......
Buffy_04364: patience luv day not over yet and you never know
gravestonedoggie: yes, nq showing relative strenght (ie ndx)
Buffy_04364: Daniel would retro take a countertrend trend off the bar forming if high taken out?
gravestonedoggie: (on this bounce)
Buffy_04364: on next bar?
Daniel X: Buffy notice how the pivot sup1 was what i called and i couldn't hold it went to 41!!!
Daniel X: 40 was it!
Buffy_04364: yes
Buffy_04364: yep
Daniel X: aarrrggg
gravestonedoggie: so much for rel strength
Buffy_04364: the market loves to laugh at that one gsd
Daniel X: about the trend counter trade...no
Buffy_04364: tks
Daniel X: unless 5 min indicates trend reversal
gravestonedoggie: dont really think so bufy
Buffy_04364: ok that is what I thought 
gravestonedoggie: in general
gravestonedoggie: on 1 min chart it can be pretty fleeting though
Buffy_04364: LOL yep
gravestonedoggie: watch adx levels
Daniel X: by the criteria on trend confirmation ..is all i can go by...would not want to jump the gun!
Dirk-X: thinking reversal here very possible as resolution of this consolidation
ppusa: what kind of reversal?
gravestonedoggie: the market is relative strenght diferences, afterall
Daniel X: Retro's next entry might be 40.50
gravestonedoggie: bonds took out recent highs
Buffy_04364: do have divergence on 4M rsi
Dirk-X: flat now...short-term upside pop kind, pp
larrybf: how come nobody ever refers to the stochastics?
gravestonedoggie: hehe
gravestonedoggie: retro distrusts indicators
Daniel X: larry thnx for reminding me to put it up!!!
Dirk-X: that's your job Larry
gravestonedoggie: lol
Daniel X: yes yr job
larrybf: haha ok!
gravestonedoggie: hehehe.. funny
Dirk-X: Hey, Larry is now stochastics captain. :-)
gravestonedoggie: hehe
Buffy_04364: :-)
Buffy_04364: just let us know what settings you will be using please
rambler_12: ok whats the % larry
jimbo_320: 100ema holding on sox, so far...
Daniel X: Dirk X...wht's ur job?
Dirk-X: to type a lotta nonsense
Buffy_04364: LOL
gravestonedoggie: hehe
Dirk-X: and to theorize wildly
Daniel X: llol
larrybf: on the 1 min chart k and d are both rising at about 50
gravestonedoggie: sorry, others of us have already taken that job, dirk
Buffy_04364: Jimbo your charts are coming through with the tmp extention
Dirk-X: I call wild-theories captain
Daniel X: oh thought it was the  Retro lies
Buffy_04364: at least I think it is you
Dirk-X: that too
Daniel X: lol
rambler_12: thx
Daniel X: looks like shorts are holding
Buffy_04364: did I miss your stoch settings Larry?
jimbo_320: buffy, things are going SLOW at my end
Buffy_04364: they aren't changing to charts we can open
gravestonedoggie: 30 min spx chart vertical down for 6 bars now... no break
jimbo_320: could be setting up a bearflag at 1550 on the nq 3
jimbo_320: i am still sending one, apparently, maybe my connection has hung
Buffy_04364: just an FYI Jimbo
Dirk-X: Thinking 9 min chart is saying, "stand aside for now"
Buffy_04364: both of your charts have the same problem
gravestonedoggie: nq still holding on better than sp and dow
jimbo_320: i installed Win2000 at the weekend so all my applications need updating it is a real pain, there is on called jimbo2 on there now.
Buffy_04364: it is a bmp and not a gif or jpg
luv-to-trade: maybe we've seen the lows for the day for nq
jimbo_320: 1550 is top of tl and 100ema approaching fast
SteveGTS: Daniel - Howard said my guess for his pyrapoint rules were not even close
Daniel X: LUV don't tell PPUSA that!
gravestonedoggie: 45 min es chart made textbook 2b at recent high.. think it was mentioned at the time... acting on it another matter
Buffy_04364: did he say whether it was based on PP
SteveGTS: no
Buffy_04364: tks
Daniel X: Steve same as mine?
tang: PP stand for? Buffy
Buffy_04364: pyrapoint
SteveGTS: yes
tang: or
tang: ok
Daniel X: really...hmmmm
SteveGTS: he gave no clues
Buffy_04364: ok tks
Buffy_04364: at least he knows he has our curiousity arroused
Buffy_04364: LOL
gravestonedoggie: good marketing ploy
Buffy_04364: only if it works gsd and I don't think he knows that yet after only two charts
gravestonedoggie: nqrelative strenght did have a message
gravestonedoggie: true enough
Buffy_04364: yep along with the rsi divergence
Buffy_04364: could be a flag on the 15M
Buffy_04364: although we just went through time line on pyra
tang: is it 123 on 5 min reversal
Daniel X: yes
jimbo_320: 1560 is resistance
Buffy_04364: testing swing high on 3M
tang: ok dan
jimbo_320: 70 on es
Tom_B: hi all, just visiting..hope ur all hvng a retro profitable day..
gravestonedoggie: large candle on 5 min tht completed 1st 30 mins a logical R point
gravestonedoggie: 1660 or so
Tom_B: how's retro doing so far ?
gravestonedoggie: or else lows of 1st half hour itself before the break... seesm a long way up
gravestonedoggie: retro does not monitor
gravestonedoggie: 9just kidding, not sure)
Tom_B: ok, tnx
Buffy_04364: Retro stats...-5/+7.5/+9.5
jimbo_320: steady grind up
tang: is retro qualify to long at 54
gravestonedoggie: retro does not care about performance, only about following approach
tang: good buffy
Tom_B: tnx
gravestonedoggie: retro is a robot and cant spend the money anyway
gravestonedoggie: hehe
(11:36 AM) rambler_12: longs have to fight the overall trend here
(11:36 AM) Buffy_04364: LOL
(11:36 AM) jimbo_320: right, longs are more risky here
(11:37 AM) gravestonedoggie: right rammbler.. longs making money the old fashioned way
(11:37 AM) jimbo_320: 50 needs to hold
(11:37 AM) Ensign Software: hi, I am headed to the Ensign room.  Does anyone have a ? I should answer here before going there?
(11:37 AM) gravestonedoggie: hehe.. many questions
(11:38 AM) Daniel X: GSD maybe he can get one of those Bi-centenial Man make overs
(11:38 AM) gravestonedoggie: hehe
(11:38 AM) Buffy_04364: yep what are the 2 rules LOL
(11:38 AM) gravestonedoggie: reveral bar at 5/20 on ob rei
(11:39 AM) rambler_12: rule 1: follow all rules --rule 2 -follow rule 1
(11:39 AM) gravestonedoggie: hehe
(11:39 AM) Buffy_04364: true rambler
(11:39 AM) gravestonedoggie: rule3, ignore all the above when appropriate
(11:39 AM) Buffy_04364: worked this time Jimbo
(11:39 AM) Buffy_04364: tks
(11:40 AM) Buffy_04364: are you just using the information on the chart Howard?
(11:40 AM) jimbo_320: trying a risky long at 51.5..
(11:40 AM) Buffy_04364: not me
(11:41 AM) Buffy_04364: might think about it over poke bar for the swing high it was testing on the 3M
(11:41 AM) Buffy_04364: Also Howard, are the rules based on Pyra?
(11:41 AM) jimbo_320: bound to be a loser but what the hell
(11:42 AM) Buffy_04364: you never know jimbo trade not over yet
(11:42 AM) Buffy_04364: :-)
(11:42 AM) gravestonedoggie: entry price was pretty good
(11:42 AM) Buffy_04364: yes it was
(11:43 AM) gravestonedoggie: we are in the no trading zone some defined earlier tody
(11:43 AM) Buffy_04364: oh regarding time of day right?
(11:43 AM) Ensign Software: the 2 rules that have worked for me are:
(11:43 AM) ppusa: PnF's are mixed here
(11:43 AM) gravestonedoggie: yes, buffy
(11:44 AM) Ensign Software: 1)  I am always right.
(11:44 AM) jimbo_320: give it 5 more mins and i'm out before the lunchtime chop
(11:44 AM) gravestonedoggie: hehe
(11:44 AM) ppusa: short term says 6 tick drop
(11:44 AM) Ensign Software: 2)  if I am ever wrong, rule 1 goes into effect.
(11:44 AM) ppusa: med term says 15 point bounce off low
(11:44 AM) gravestonedoggie: tease
(11:44 AM) Buffy_04364: LOL
(11:44 AM) Buffy_04364: does that mean we don't get answers to my questions Howaard LOL
(11:45 AM) ppusa: howard?
(11:45 AM) rambler_12: double inside bars on 5m
(11:45 AM) Ensign Software: no serious answers today.
(11:45 AM) Ensign Software: yes ppusa?
(11:45 AM) ppusa: private 
(11:45 AM) Buffy_04364: can you just say if all the infor is on the charts you posted
(11:46 AM) Buffy_04364: and whether based on Pyra
(11:46 AM) jimbo_320: target is 1560 not 1460..
(11:46 AM) Buffy_04364: sideways can be a good sign
(11:47 AM) gravestonedoggie: think i will have a papyra drink for lunch then
(11:48 AM) gravestonedoggie: saw papyra ice cream in store other day... ugh
(11:48 AM) mike_bruns: yucko
(11:48 AM) gravestonedoggie: hehe
(11:48 AM) gravestonedoggie: jimbo has winner
(11:48 AM) Buffy_04364: doesn't even sound good
(11:48 AM) rambler_12: u can get fish oil based ice crean now:)
(11:48 AM) mike_bruns: Power Ball lotto?
(11:48 AM) gravestonedoggie: eww
(11:49 AM) mike_bruns: double yucko
(11:49 AM) jimbo_320: tick 290 and rising..
(11:50 AM) Buffy_04364: Mike, does volume offer any insight as to which way one of your shelves is going to break
(11:50 AM) Daniel X: go to Tibet and have camel hoof with a sheep semen soup
(11:50 AM) gravestonedoggie: hehe
(11:50 AM) mike_bruns: They had a group here who won $100000 in the power Ball lotto on the news last night,  radio station group
(11:50 AM) gravestonedoggie: thans for the invite, daniel
(11:50 AM) Buffy_04364: nice
(11:50 AM) rambler_12: yummy
(11:50 AM) Buffy_04364: so that is the 4th winner
(11:51 AM) gravestonedoggie: litle less stress than trading futes
(11:51 AM) mike_bruns: Buffy,  vol not a  factor for me.
(11:51 AM) Buffy_04364: ok tks
(11:51 AM) gravestonedoggie: think they serve that here, too, danile.. they just put a different label on it
(11:51 AM) jimbo_320: mike which this one going?
(11:51 AM) Daniel X: lol....GSD
(11:52 AM) gravestonedoggie: probably called phiily cheese steak or something
(11:52 AM) gravestonedoggie: philly
(11:52 AM) Daniel X: lol
(11:52 AM) mike_bruns: I shall sell any move up.
(11:52 AM) mike_bruns: But I think down. FWIW.  AND some days, that's not much.
(11:53 AM) jimbo_320: out for -1.5 anyway 
(11:53 AM) mike_bruns: Time to go pick my girl up from school.
(11:53 AM) gravestonedoggie: not much down?
(11:53 AM) gravestonedoggie: hehe
(11:53 AM) Buffy_04364: tks for stopping in Mike
(11:53 AM) mike_bruns: My 2 hour break has arrived.
(11:53 AM) gravestonedoggie: or what it's worht?
(11:53 AM) mike_bruns: See you Buffy.
(11:53 AM) gravestonedoggie: hehe
(11:53 AM) jimbo_320: i should of reversed those buttons again
(11:53 AM) Daniel X: Mike's got a young chick!
(11:53 AM) mike_bruns: Great room you folks have over here.
(11:53 AM) mike_bruns: a 4 year old!
(11:53 AM) Daniel X: just kidding
(11:53 AM) mike_bruns: I know!
(11:54 AM) Buffy_04364: tks Mike
(11:54 AM) mike_bruns: Bye.
(11:54 AM) Buffy_04364: bye
(11:54 AM) gravestonedoggie: will we will send you an invittion with password, mike
(11:54 AM) gravestonedoggie: if you are good
(11:54 AM) Daniel X: lol GSD
(11:54 AM) Buffy_04364: LOL
(11:54 AM) Daniel X: good one
(11:55 AM) gravestonedoggie: hehe.. he left too fast
(11:55 AM) gravestonedoggie: to get his invite
(11:55 AM) gravestonedoggie: too bad
(11:55 AM) gravestonedoggie: haste makes waste
(11:55 AM) jimbo_320: bad thing about that last long was it was at the wrong time, too near lunch, so the only option was to get chopped out
(11:56 AM) gravestonedoggie: speaking of which, my hasty exit jsut left some on table
(11:56 AM) Buffy_04364: retro short??
(11:56 AM) Daniel X: im eating no trading till 1/1 30
(11:56 AM) Buffy_04364: retro would be short though right?
(11:56 AM) Daniel X: dunno is he....brb
(11:57 AM) gravestonedoggie: oh well...  bring on the hoof with semen soup.. er, chease steak
(11:58 AM) ppusa: interesting i went short before this last break and covered... but a break of the 15 minute var was a better signal then my looking
(11:58 AM) ppusa: buffy is bugging me!!!!!!! somebody help
(11:58 AM) Buffy_04364: LOL
(11:59 AM) ppusa: the secret 
(11:59 AM) ppusa: to the
(11:59 AM) ppusa: messed up quote tables - delete the quo file
(11:59 AM) ppusa: qot
(11:59 AM) ppusa: qt
(12:00 PM) cctraderx: lol
(12:00 PM) Buffy_04364: ppusa - how about just the answer to is all info ont he chart and is it based on pyra?
(12:01 PM) ppusa: Sorry Bufster, discussed an Ensign problem, not his system
(12:01 PM) ppusa: didn't want to bore everyone with it so took it private
(12:01 PM) Buffy_04364: :-( 
(12:02 PM) gravestonedoggie: hehe
(12:02 PM) ppusa: :-)
(12:02 PM) jimbo_320: used up one of my three weekly trades (b'stards) last night on msft, got stopped into the sell off into the close.  Only three more left... Or is it two..
(12:03 PM) ppusa: haha
(12:03 PM) Buffy_04364: howard posted chart for today
(12:03 PM) ppusa: does that apply to mutual funds?
(12:06 PM) jimbo_320: if they are traded in exchanges then i imagine so
(12:06 PM) elly_34: good morning
(12:07 PM) gravestonedoggie: oh boy.. like a daily crossword puzzle
(12:08 PM) gravestonedoggie: that is a screwy rule.. like you would expect in a backward dictatorship
(12:08 PM) gravestonedoggie: behind the iron curtain
(12:08 PM) Buffy_04364: hi elly going to the wycoff thing tonight?
(12:08 PM) gravestonedoggie: whatever happened to free markets??
(12:09 PM) rambler_12: we need to take it to the supreme court
(12:09 PM) gravestonedoggie: wycoff.. sounds like a candle pattern or something
(12:10 PM) gravestonedoggie: republicans are supposedly in favor of free markets
(12:10 PM) Buffy_04364: it is a system
(12:11 PM) Buffy_04364: the room has an invitation to their chat sessions
(12:11 PM) gravestonedoggie: i know.. 
(12:11 PM) elly_34: hi buffy, no i have to work tonight
(12:11 PM) gravestonedoggie: clowning
(12:11 PM) Buffy_04364: ok hoping to remember to go here
(12:11 PM) Buffy_04364: as tonight is ES and NQ discussion
(12:11 PM) elly_34: otherwise i'd go
(12:11 PM) elly_34: oh darn
(12:11 PM) elly_34: well they log them though yes?
(12:11 PM) gravestonedoggie: where is it?
(12:12 PM) Buffy_04364: I don't know elly haven't been over there
(12:12 PM) Buffy_04364: Jimbo you have - do they?
(12:12 PM) gravestonedoggie: i think i get their chat logs in my email.. ahve for many months.. never looked at any of them though
(12:12 PM) Buffy_04364: anyone have the link readily available?
(12:12 PM) gravestonedoggie: i delete em real fast cuz they so big
(12:12 PM) rambler_12: "life liberty and the pursuit of ....profits"
(12:12 PM) Buffy_04364: I know the PW is build
(12:13 PM) gravestonedoggie: hehe
(12:13 PM) gravestonedoggie: pursuit of chesse steak
(12:13 PM) Buffy_04364: time line in pyra
(12:13 PM) gravestonedoggie: and semen soup
(12:14 PM) elly_34: retro caught that fall this a.m. yes?
(12:16 PM) Buffy_04364: www.ltg-trading.com/chat/chat1.html
(12:16 PM) Daniel X: GSD Sheep semen soup
(12:16 PM) Buffy_04364: did the url show up
(12:16 PM) jimbo_320: zzzzz
(12:17 PM) Buffy_04364: www.ltg-trading.com/chat/chat1.html
(12:17 PM) rambler_12: what do you use if your outa sheep semen
(12:18 PM) gravestonedoggie: hehe.. dont ask
(12:18 PM) gravestonedoggie: thnx daniel
(12:18 PM) gravestonedoggie: sheepish people, i guess
(12:18 PM) rambler_12: sheeple
(12:18 PM) Buffy_04364: retro is -5  +7.5  +9.5
(12:19 PM) gravestonedoggie: lol
(12:19 PM) Buffy_04364: I don't know if he is short now or not
(12:19 PM) elly_34: didn't retro take a long trade?
(12:19 PM) Buffy_04364: missed daniels answer
(12:19 PM) elly_34:  for -5?
(12:19 PM) Buffy_04364: yes
(12:20 PM) Buffy_04364: well, guess it is time to go get the pyra book
(12:20 PM) Daniel X: Retro went long ..where?
(12:21 PM) Buffy_04364: first trade
(12:21 PM) Buffy_04364: for -5
(12:21 PM) Daniel X: oh ok
(12:21 PM) Daniel X: yes
(12:21 PM) Buffy_04364: did you say if he short now?
(12:21 PM) elly_34: i thought retro took a long when the 5 min made higher highs and lows
(12:21 PM) Daniel X: so only 3 so far ..yes?
(12:21 PM) elly_34: awhile back?
(12:21 PM) Buffy_04364: yes but I thought he would of been short at 1549.50
(12:21 PM) Daniel X: what price?
(12:22 PM) Buffy_04364: :-)
(12:22 PM) elly_34: just over 1550
(12:22 PM) Buffy_04364: that is against the trend elly
(12:22 PM) elly_34: on the 5 min it reversed up made a low, higher low then it woulda hit over the prev 15 min bar and failed
(12:22 PM) elly_34: i thought trend reversal was defined as higher lows/highs on 5 min
(12:22 PM) Tom_B: we are so consistently confused :(
(12:23 PM) elly_34: i mean i agree that it is against the trend but per the rules, is it not a trend reversal?
(12:23 PM) Buffy_04364: a reversal is defined by 5M and confirmed by 15M I thought
(12:23 PM) Daniel X: what time was entry Elly?
(12:23 PM) jimbo_320: posted 60min chart of nq jimbo4
(12:23 PM) Buffy_04364: R123 and R2B are reversals
(12:23 PM) Buffy_04364: high high and higher lows can just be a retracement
(12:24 PM) Buffy_04364: IMO
(12:24 PM) elly_34: 11:20 or so
(12:24 PM) Daniel X: well if so ..look at all the inside bars
(12:25 PM) Daniel X: stopped out on 1 of them for sure
(12:25 PM) Daniel X: b/e imo
(12:25 PM) Buffy_04364: no true reversal on 5M for me
(12:25 PM) Buffy_04364: now daniel is he short at 1549.50? based on 15M
(12:26 PM) elly_34: but there is a 1,2,3 reversal pattern on the 5 min
(12:26 PM) Buffy_04364: can you post that elly?
(12:26 PM) Daniel X: Elly seems so to me 
(12:26 PM) Daniel X: Buffy i would say @ break off 15 min inside
(12:26 PM) Buffy_04364: ok :-)
(12:26 PM) Daniel X: bar
(12:26 PM) elly_34: i'm not being difficult, i'm just trying to understand this thing,
(12:27 PM) Buffy_04364: I know elly
(12:27 PM) Buffy_04364: np
(12:27 PM) Daniel X: 46..agreed?
(12:27 PM) elly_34: because if it's strictly by the rules, then is not the 5 min chart the lowest low, then it has two bars up, third bar is higher then retrace back down one bar
(12:27 PM) Buffy_04364: I just don't see it but retro and I don't agree very often and that is why I too am trying to understand
(12:27 PM) elly_34: then it moves up again, that isn';t a 1,2,3?
(12:28 PM) Daniel X: it is to me Elly
(12:28 PM) Daniel X: but thats me
(12:28 PM) elly_34: 11, 11:05, 11:20
(12:28 PM) Tom_B: s 1545.5 ?
(12:29 PM) elly_34: ok so if that is entered then the stop isan inside bar and at what point does one abandon the -5 for the inside bar?
(12:29 PM) elly_34: because right away one forms
(12:29 PM) Buffy_04364: would say so tom if not short off the doji before it
(12:29 PM) Buffy_04364: but I don't know for sure
(12:29 PM) elly_34: the bar after entry is an insi