Welcome Msg: Welcome index futures traders and TrendVUE.com alumni. Today's charts at www.DaCharts.com WARNING: Any trades posted here are for educational purposes only. Don't take the trades unless you understand them and can take the risk. Paltalk: Click banners to visit our sponsors. (09:20 AM) ppusa: someone was having some premarket fun! (09:21 AM) dbphoenix: Really. (09:22 AM) ppusa: hey dbp (09:22 AM) ppusa: surprises for today (09:22 AM) ppusa: 50 and 75 point PnF screaming for a reversal (09:22 AM) dbphoenix: I'm ready. I'm psyched. (09:23 AM) dbphoenix: IV caffeine drip. (09:23 AM) ppusa: question for 75 point is (09:23 AM) ppusa: 1450 to 1375 or 1425 lastnight to 1350 (09:24 AM) ppusa: don't know but think one of two so a good retro sell (assuming we get a bounce) could yield big bucks (09:24 AM) dbphoenix: I say scare the hell out of the longs and drop all the way back to 1300. (09:25 AM) ppusa: y last night or today cold be HOmonth (09:25 AM) ppusa: won't go so far as to call that (09:25 AM) ppusa: but looking for nice correction (09:25 AM) dbphoenix: A lot of people seem to be expecting a replay of Oct '98. (09:26 AM) ppusa: 1359 makes sense, i said yesterday slice through 60 area today no problem (09:26 AM) ppusa: yes if HOmonth, look out below (09:26 AM) dbphoenix: Depends on what one decides to call that gap we had yesterday. (09:27 AM) ppusa: caution warranted on open...probably whippy today unlike trending last few days (09:27 AM) ppusa: gap through a gap through a gap (09:27 AM) dbphoenix: The major averages are now moving more in lockstep than they have been. (09:29 AM) dbphoenix: Hope we can all help each other keep an eye on all this. When there's so much to scan, it's difficult to do it alone. (09:29 AM) ppusa: y i could use some help with retro entries (09:30 AM) ppusa: ma's have turned down and based on PnF, i don't know if i want to buy at all (09:30 AM) ppusa: sure should be a retest of high but so whippy may go straight south (09:30 AM) dbphoenix: I'm working on my own variation, but there should be several people here who can help you out with retro. (09:30 AM) ppusa: meaning we justmissed 75 point opportunity (09:31 AM) BrainStorm: morning (09:31 AM) ppusa: time to rock (09:31 AM) ppusa: dow futures -100 (09:31 AM) ann_87: 10 am university of michigan confidence # (09:33 AM) ppusa: 50 point PnF has reversed (09:34 AM) ppusa: bummer (09:34 AM) dbphoenix: What a struggle. (09:35 AM) dbphoenix: Usually it's like chess. This is like tug-of-war. (09:36 AM) jimmer49: Bracketing the 15 m PM bar a winner today. (09:37 AM) dbphoenix: Yes, it was, jimmer. (09:37 AM) skyprince_1: Great! (09:38 AM) dbphoenix: Actually I used the last three 5m bars as an equivalent to the 15m bar. That gave a range of 6 pts. (09:38 AM) tradeit: good morning,going short again-lol (09:40 AM) dbphoenix: CNBC saying that sentiment will come out early. (09:41 AM) dbphoenix: Out for +6 (09:41 AM) ppusa: SP lower low than yesterday's intraday (09:42 AM) ppusa: good start (09:42 AM) dbphoenix: I'm a little tired of starting off negative. (09:43 AM) skyprince_1: Sentiment # will come out right as first 15 min bar forms..or just after...a trap? (09:43 AM) dbphoenix: For anyone who wants to play with this, I'm using the current 5m bar plus the previous two to make my next 15m bar. (09:44 AM) ppusa: cheater Paltalk: Love PalTalk but hate the banners and popups? Go bannerless! Only $9.95 per year! Click HELP on your Pal List then click 'Bannerless PalTalk'. (09:44 AM) lio9: hi (09:45 AM) dbphoenix: No, just taking control of the clock :0) (09:47 AM) ppusa: i don't know which way nq will go here. could turn back down for 60 area or HOD (09:48 AM) ppusa: nice bounce (09:48 AM) jimmer49: secret macd system (mod 1) long from 75 (09:48 AM) dbphoenix: Thx, jimmer. good to know. (09:49 AM) jimmer49: will post on website this w/e i think (09:49 AM) ann_87: sentiment out (09:50 AM) dbphoenix: Which website? (09:50 AM) tradeit: ok mr nas. time to cover? (09:50 AM) jimmer49: retro website (09:50 AM) jimmer49: unless that would offend retro (09:51 AM) dbphoenix: I'll be posting a couple of charts that Dave asked for. (09:51 AM) dave_b_quik: no prob, jimmer, look forward to seeing it (09:51 AM) tradeit: anyone trde globex in here,? (09:52 AM) jimmer49: thanks (09:52 AM) jimmer49: always love the attitude here (09:52 AM) laniermasters: db, so the highs and lows of your 15 min bars (composed of 3 5 min bars) change every five minutes instead of every 15 minutes? (09:53 AM) BrainStorm: that was a nice move :-) (09:53 AM) dbphoenix: More or less, lanier. Depends on whether the current bar is within the range of the previous two. (09:54 AM) dbphoenix: Out again for 11.5+. (09:54 AM) BrainStorm: tradeit I think most people do here (09:54 AM) laniermasters: getting better results than with standard retro, db? (09:54 AM) dbphoenix: This is only the second day I've been playing with this, so you're seeing it as I see it. (09:55 AM) ppusa: what bar did you enter long from? dbp (09:55 AM) BrainStorm: db what is your variation ? (09:55 AM) BrainStorm: I know you are using 3 5 min bars how exactly ? (09:56 AM) jimbo_320: gm all (09:56 AM) dbphoenix: Here, for example, the bar would have a high of 1400.5 and a low of 1373.5. As long as the current 5m bar doesn't exceed either of those boundaries, that sets up my buy and sell stops. (09:56 AM) dbphoenix: The 0940 bar at 138350. (09:56 AM) BrainStorm: hi jimbo (09:57 AM) BrainStorm: so it's like the retro enty but on 5 min bars rather than 15 ? (09:57 AM) dbphoenix: Now it's the current 5m plus the previous two, so the stops get adjusted. (09:57 AM) BrainStorm: or do you wait fro 3rd 5 min bar after an exit ? (09:58 AM) dbphoenix: No, it's re-segmenting the clock so that you're not locked into what everybody else is watching. For example, instead of your 15m bar starting at 1000, it can start at 0955 or 1005 or 1010. (09:58 AM) dbphoenix: But the timeframe is still 15m. (09:58 AM) dbphoenix: That gives you time to think and make some plans. And get the damn orders in. (09:59 AM) BrainStorm: not sure I understand you are looking at the last 3 5 min bars so you have a sliding 15 min window ? (09:59 AM) dbphoenix: Exactly (09:59 AM) BrainStorm: ahh gottcha (10:00 AM) jimmer49: Hey db you aren't supposed to think outside the box like that (10:00 AM) ppusa: 1400 may stay as HOD today with Dow down so far (10:00 AM) laniermasters: db, is it that you have stop entries and/or exits set up based on previous three 5m bars which you then move when each new 5m bar is completed? (10:00 AM) BrainStorm: so long is bo of highest high for the last 3 mins (10:00 AM) dbphoenix: Yes. So far. If the current bar is moving back and forth through what would ordinarily be the stop point, I'm going back another bar. (10:01 AM) BrainStorm: hehe isn't that cheating ? (10:01 AM) laniermasters: I like the way it sounds, will be interested in hearing results. (10:02 AM) jimmer49: Michigan sentiment a positive surprise. Thank you Mr. Bush. (10:02 AM) dbphoenix: The trouble I've had with retro is marubozus and shaved tops/bottoms. If I'm waiting for the current bar to finish and the trend is strong, there's no way I'm going to get filled if I place a stop limit one tick above a shaved bar. So I have to place it several ticks higher, which is just asking for a snag since I'm, in effect, chasing the bar. (10:03 AM) dbphoenix: This way I'm always working inside a 15m bar even though it's not the same 15m bar that everybody else is looking at. (10:03 AM) laniermasters: okay, what's marubozus?? (10:03 AM) dave_b_quik: raw fish wrapped in seaweed (10:03 AM) dave_b_quik: ? (10:03 AM) laniermasters: !! (10:03 AM) dbphoenix: A candle with no shadows. (10:03 AM) dave_b_quik: oh, i get it (10:04 AM) dbphoenix: We've had quite a few lately. (10:04 AM) BrainStorm: lol @ dave (10:04 AM) laniermasters: lol (10:04 AM) dbphoenix: Stopped out for -5 (it's not all gravy) (10:05 AM) perltrader: is everyone here doing retro, anyone trying to follow T's methods? (10:06 AM) dbphoenix: All sorts of people. (10:06 AM) dbphoenix: Just about everybody follows T in one way or another. (10:06 AM) BrainStorm: discresionary here perl based on 1-2-3's and taking pullbacks (10:06 AM) dbphoenix: Also a couple of scalpers. (10:06 AM) dave_b_quik: ya, retro got most of his ideas from T too (10:06 AM) perltrader: right, but it's quite different in terms of entry (10:07 AM) BrainStorm: worry around pivots and previous support levels (10:07 AM) Orprepus: from the Michigan report "For the month as a whole the Sentiment Index was 81.8, down from 91.5 in August and 106.8 last September" (10:07 AM) dbphoenix: What I like most about retro is that it separates me from the noise to a large extent. I just want to find a way to make it work for me. (10:08 AM) dbphoenix: The 3m and 5m charts are getting to be almost as bad as the 1m. (10:08 AM) BrainStorm: I havent ad the courage to trader retro yet (10:08 AM) jimbo_320: is that the cpi orp? (10:08 AM) dbphoenix: This is just paper, BS. I'd never actually trade something that amounted to a **** up my ***. (10:08 AM) perltrader: Brain, me either, but it certainly has been doing well (10:09 AM) BrainStorm: What I fear is having the discipline to trade it without overriding signals (10:09 AM) perltrader: right, i tend to move stops to b/e to quickly (10:09 AM) BrainStorm: things that db is addressing too like I am not sure I would be able to sit on my hands for the first 15 mins (10:09 AM) dbphoenix: I made a post this am at the site about whether retro has to be standard or can be discretionary. I don't see why it can't be both. (10:10 AM) dbphoenix: Me too, perl. (10:10 AM) 7th_Sphincter: I am offering a used copy of Connors On Advanced Trading Strategies. Please contact Marie@Antoin.net (10:10 AM) BrainStorm: I think retro needs to be a system it is up to each trader whether they take all signals all the time etc etc (10:10 AM) dbphoenix: As soon as one side is filled, I move the other side up to five points below the fill. Then as soon as I'm five points ahead, I move it to BE. (10:11 AM) dbphoenix: But if each trader modifies it, it's no longer a system. (10:11 AM) dbphoenix: Or at least a standard system. It becomes a discretionary system. But I see nothing wrong with that. (10:11 AM) perltrader: db, i tend to move to b/e even faster which means i get hit (10:11 AM) perltrader: interesting h&s on 50 min bonds (10:11 AM) BrainStorm: what I am saying is the core system should be rigid...just so everyone has same terms of reference what people do with it is up to them (10:12 AM) dbphoenix: I used to. But I really do think that the trend can take some time to get established. Five points tends to be about right. (10:12 AM) BrainStorm: I guess like chess openings you have the standard setups but people are free to vary them (10:12 AM) perltrader: it's hard to simulate it on data because you really need tick data (10:12 AM) dbphoenix: I'm not aware of any rigid system that's ever worked. (10:13 AM) ppusa: dow falling apart (10:13 AM) dbphoenix: CANSLIM, for example, is one of the most flexible "systems" I've ever seen, but a lot of people think it's impossibly rigid. (10:13 AM) BrainStorm: agree a grand master may not play a scicillian defence identicaly to another however they all know how the basic system is defines Paltalk: Please support our sponsors by clicking on banners. (10:14 AM) dbphoenix: You do have to have definitions. Otherwise you can't do any statistical research. But a "system" can be a buffet rather than a price fixe. (10:14 AM) BrainStorm: If you dont have same terms of reference how can you discuss variations ? (10:15 AM) BrainStorm: so your trailing 5 point stop is one variation...others may use 50% of prfit variation (10:16 AM) jimbo_320: covered half +5 es (10:16 AM) BrainStorm: short Jimbo I take it ? (10:17 AM) jimbo_320: of course (10:18 AM) dbphoenix: As to the five points, that's only to BE. After that I prefer to use swing highs or lows. (10:18 AM) BrainStorm: yes (10:19 AM) dbphoenix: Got stopped out again, so now I wait for a breakout of the range, as with retro, if I'm understanding that aspect of retro. (10:20 AM) BrainStorm: is it me or are things looking somewhat traingualr again (10:20 AM) ppusa: setup for retro sell here?? (10:20 AM) BrainStorm: 5 min and below that is (10:21 AM) dbphoenix: I'd also like to look at the minimum number of ticks that will avoid snags. Unfortunately I'd need tick charts to do it (10:21 AM) BrainStorm: I think that will change depending on market conditions (10:22 AM) dbphoenix: Like T says, if you're getting snagged, you're probably out of the trend. (10:22 AM) dbphoenix: We're obviously not trending now. (10:23 AM) jimbo_320: ppusa u still short onite? (10:23 AM) dbphoenix: What's most important is knowing when to stand aside, which is another thing I like about retro. (10:24 AM) BrainStorm: tempted to quit for the day managed to get just about all of the run up dont really want to give it back (10:25 AM) ppusa: flat jimbo (10:25 AM) dbphoenix: Let us know if you do. That'll be a rally signal for sure. (10:25 AM) jimbo_320: hope u didnt have a stop loss on it onite (10:25 AM) ppusa: never was short (10:25 AM) ppusa: wanted to so bad (10:25 AM) BrainStorm: Started 7mins into the session and was over by 20 dunno how much retro got there ? (10:25 AM) dbphoenix: I didn't think you could hold stops overnight. (10:26 AM) ppusa: dumped long at end of yester (10:26 AM) ppusa: looking for short here as soon as HOD is in (10:26 AM) jimbo_320: db dont know what about gtc's? (10:27 AM) BrainStorm: gearing up for a pop one way or another I rekon (10:27 AM) dbphoenix: Don't know. May depend on broker. But I seem to remember something about IB not honoring stops after hours. On futures, anyway. Maybe I'm wrong. (10:28 AM) ppusa: dow off lows, put in HOD now??? (10:28 AM) BrainStorm: I believe that is correct too db (10:28 AM) jimbo_320: i have heard that rumour as well but never tried it (10:28 AM) dbphoenix: With all the volatility of the last few days, I wouldn't be surprised if we do nothing at all. (10:28 AM) ppusa: i think this will turnout to be HOD just a few ticks higher but i will watch for a bit (10:29 AM) BrainStorm: heres the opo not much volume though (10:29 AM) BrainStorm: opo = pop (10:30 AM) dbphoenix: In this case, I'd wait for a retracement, which is another departure from retro. (10:30 AM) ppusa: pop or flop (10:30 AM) BrainStorm: not enough to threaten the hod thats for sure (10:30 AM) ppusa: if i go short i want to be sure no new high (10:30 AM) dbphoenix: Buying those poke-outs is the sort of thing that T warns against. (10:31 AM) ppusa: regardless, daily is looking a little choppy (10:31 AM) ppusa: dow down 100 going to turn positive...have my doubts (10:32 AM) ppusa: if 60 area holds, high could be 1450 (10:32 AM) dbphoenix: Agree about the chop. If you're following smaller timeframes, you ought to be able to see thrust coming at you. This is pretty lethargic. (10:33 AM) ppusa: hope range isn't in (10:34 AM) elly_34: i think u are correct about IB and stops db (10:34 AM) dbphoenix: Volume dropping off, too. (10:35 AM) BrainStorm: Jimbo you cover the rest ? (10:35 AM) jimbo_320: y (10:35 AM) ppusa: suck if range bound rest of day (10:35 AM) BrainStorm: figured so (10:35 AM) jimbo_320: gotta to try taking all profits sometimes (10:36 AM) ppusa: HOD maybe??? (10:36 AM) ppusa: at what point to short??? (10:37 AM) BrainStorm: quite messy charts (10:37 AM) BrainStorm: I'll let you know ppusa about 10 minutes after OK ? (10:38 AM) ppusa: not really, want to know as it happens (10:38 AM) BrainStorm: hmm thats a bit tougher really (10:40 AM) dbphoenix: T says that if you make a profit early, can take some chances later. Otherwise, better to just watch. (10:40 AM) dbphoenix: So taking those profits not a bad idea, but okay to keep trying, too, as long as you know when to quit. (10:40 AM) BrainStorm: hehe I was thinking of quitting for the day actually (10:40 AM) ppusa: short one (10:41 AM) ppusa: may cover? (10:41 AM) dbphoenix: Back into Scalper Land. (10:41 AM) BrainStorm: prolly be short below 1380 (10:41 AM) dbphoenix: Yes. (10:42 AM) jimmer49: Secret macd system +21, 0, +2.5 (10:42 AM) BrainStorm: so its a secret now jimmer (10:42 AM) BrainStorm: I thought you where publishing ;-) (10:43 AM) jimmer49: publish this w/e on retro website (10:43 AM) BrainStorm: I'd like to see volume on any breakout upside before going long I think (10:43 AM) jimmer49: still looking for name (10:43 AM) dbphoenix: A big part of these gains has to do with stop placement. Tough to know when to be tight and when to give room. (10:43 AM) ppusa: flat (10:43 AM) BrainStorm: jimmers secret MACD (10:44 AM) jimmer49: no jimmer in name please - don't want ego involved (10:44 AM) BrainStorm: I'll look forward to that it is years since I have visited MACD in fact was one of the first indicators I used Paltalk: Press the INVITE button NOW! Get your friends in on the fun! Invite them to join us on PalTalk today! (10:45 AM) dbphoenix: Apparently MACD and ADX are the only indicators that have any statistical evidence to support their value. (10:45 AM) riz36: hi room (10:45 AM) BrainStorm: hi riz (10:45 AM) riz36: hi room (10:45 AM) riz36: hi buddys (10:45 AM) riz36: i m rizwan from pakistan (10:46 AM) dbphoenix: You must be busy. (10:46 AM) skyprince_1: Hello riz (10:46 AM) BrainStorm: IF MACD does then MA's must to as it is derivative ? (10:47 AM) dbphoenix: I believe the research has been done on standard MACD. As to MAs, you can make them do whatever you want, so controlling variables would be a problem. (10:48 AM) BrainStorm: but MACD is simply a differnce of two MA's (10:48 AM) BrainStorm: so same problems apply ? (10:48 AM) dbphoenix: The calculations are a little more involved than that. (10:49 AM) dbphoenix: Not if you use standard MACD. (10:49 AM) BrainStorm: what is 'standard' (10:50 AM) dbphoenix: Been so long since I used it, I can't remember. (10:50 AM) BrainStorm: as described by Appel I guess (10:50 AM) dbphoenix: 12/26/9 (10:50 AM) BrainStorm: The MACD is the difference between a 26-day and 12-day exponential moving average. A 9-day exponential moving average, called the "signal" (or "trigger") line is plotted on top of the MACD to show buy/sell opportunities (10:51 AM) BrainStorm: snap (10:52 AM) BrainStorm: One of these days I am going to try MACD with my adaptive moving averages (10:53 AM) dbphoenix: Jimmer, when you're using your MACD, are you looking at coincidental signals in the other emini, or are you just going with what the signal chart is telling you? (10:53 AM) jimmer49: signal chart only - kiss (10:54 AM) dbphoenix: Are you getting into the whole time of day thing? (10:54 AM) jimmer49: short from 92 here (10:54 AM) BrainStorm: does it tend to keep you out of chop? (10:55 AM) jimmer49: what do you mean exactly about time of day? (10:55 AM) jimmer49: keeps out of chop fairly well with rules i have set up (10:56 AM) dbphoenix: We've been talking about how the signals don't seem to be as useful later in the day. As to your short, is that the ES or NQ? (10:56 AM) jimmer49: nq short (10:56 AM) BrainStorm: ppusa an NQ boy ? (10:57 AM) jimmer49: not making judgements about tod right now for macd system (10:57 AM) elly_34: jimmer that is awesome (10:57 AM) elly_34: scrolled back, and reading your trades (10:58 AM) elly_34: clearly works well in a choppy day looks like (10:58 AM) jimmer49: not posting all trades elly, but trying to give a sense of what is happening (10:58 AM) BrainStorm: discresion or full on follow the system jimmr ? (10:58 AM) jimmer49: in 4th trade here (10:58 AM) dbphoenix: Might be difficult to reconcile SMACD with retro since it can put you in while you're still in a trading range. (10:59 AM) jimmer49: only discretion is common sense rule (10:59 AM) ppusa: have feeling nq may make another run at high (10:59 AM) elly_34: how tight are your stops jimmer? (10:59 AM) jimmer49: common sense trumps all other rules (11:00 AM) BrainStorm: 2min nicely tradable (11:00 AM) dbphoenix: Diehard systems people might argue with that. (11:00 AM) ppusa: wish i knew (11:00 AM) jimmer49: trailing stoop 7 (11:00 AM) jimmer49: stop (11:00 AM) ppusa: ib 5 minute (11:01 AM) jimmer49: I'll never be a diehard systems person and will never trade only from a system (11:01 AM) dbphoenix: Do you use swing highs and lows at all or just keep it at 7 regardless? (11:02 AM) jimmer49: so far just 7, trying to limit number of rules so as not to go crazy (11:02 AM) BrainStorm: what time frame jimmer ? (11:02 AM) BrainStorm: & is quite large (11:02 AM) BrainStorm: 7 (11:02 AM) dbphoenix: He may be right, tho. (11:02 AM) dbphoenix: At least on the initial stop. (11:03 AM) jimmer49: 5 min except for the opening 15 min when use 2 min (11:03 AM) BrainStorm: actually is often suprising 'fittting' stops to a system and thy often turn out larger than your gut (or comfort level) would like (11:03 AM) dbphoenix: It all depends on whether you're trending or not. Figure that out and you'll know how wide the stops should be. (11:03 AM) jimmer49: stopped b/e (11:04 AM) dbphoenix: Which is where ADX/DMI or something similar comes into play. (11:05 AM) ppusa: big run at the highs 3 ticks (so far) (11:05 AM) jimmer49: that's 2 scratches out of 4 trades, but no losers so far (11:05 AM) jimbo_320: no much happening here (11:06 AM) dbphoenix: Yeah. Trading the range or standing aside is one of those basic decisions one has to make. (11:06 AM) jimbo_320: -0.25 last short (11:06 AM) dbphoenix: You can't have wide stops if you're trading the range. (11:06 AM) jimbo_320: pivot held (11:08 AM) jimbo_320: volume drop off Paltalk: You DO have a choice! Buy bannerless to end your popup blues today! Click OPTIONS on your Pal List then click 'Bannerless PalTalk'. Only $9.95 a year! That's less than THREE CENTS per day! WOW!!! (11:15 AM) ppusa: problem here is if nq takes out 80 1-2-3 on 15 minute. Could still hold low (11:16 AM) ppusa: maybe get better setup (11:17 AM) ppusa: i know, let's form a triangle (11:17 AM) jimbo_320: v low vol (11:17 AM) jimbo_320: mush be me and ppusa (11:18 AM) dbphoenix: Just watching paint dry. (11:18 AM) jimbo_320: just 100 contract on last 1min on es (11:19 AM) ppusa: 2 good trades were buy to HOD and sell early at HOD (11:19 AM) dbphoenix: This may actually be more of a wedge than a triangle. If so, the prospects would be different. (11:19 AM) ppusa: since then chop (11:20 AM) jimbo_320: everyone gone home alreay (11:20 AM) jimbo_320: already (11:20 AM) ppusa: still think down but (11:20 AM) dbphoenix: Shall we take roll? (11:20 AM) ppusa: had tohorse around a bit i guess (11:20 AM) skyprince_1: triangle or wedge....now breached to dowside... (11:21 AM) dbphoenix: Right. (11:21 AM) ppusa: waiting for this hour to end maybe (11:21 AM) Orprepus: fyi - howard is in the ensign window user room if you need any help with EW (11:22 AM) jimbo_320: fwiw triangle wedge, in chop .... (11:23 AM) ab_18: tks op (11:23 AM) jimmer49: secret macd system standing pat based on low adx rule, so could miss something here (11:23 AM) Orprepus: welcome (11:24 AM) ppusa: yes i do not like the 1-2-3 on 15 minute. typical friday chop pattern (11:25 AM) dbphoenix: This might be a good example of where a time stop would come into play. This ought to clunk here and it isn't. Therefore, it might be best to exit, stop or no stop. (11:26 AM) jimbo_320: fwiw we are 3legs up on es bear flag.. (11:27 AM) ppusa: i still think down clunk coming but i am only interested in a break of low. other than this trade, could be friday crud (11:28 AM) dbphoenix: Decided to use Ross' timestop and get out at BE. (11:28 AM) jimbo_320: 30 min es showing bear flag (11:29 AM) ppusa: intraday, range is still inside day (11:29 AM) ppusa: give me new high to short (11:29 AM) jimbo_320: you'll be lucky (11:29 AM) dbphoenix: Agree, pp. Somebody has to make a move somewhere. Otherwise, the big fish are just gobbling up the little fish. (11:30 AM) dbphoenix: I read an interesting article once on the 1m fish, the 5m fish, the 15m fish and so on, and what kind of fish to expect in which part of the ocean. Very enlightening. (11:31 AM) BrainStorm: I know it db very good (11:31 AM) BrainStorm: must have it bookmarked somwhere (11:31 AM) ppusa: new hour started (11:31 AM) ppusa: think this could be beginning of sell off. (11:31 AM) ppusa: just don't know if worth the effort (11:32 AM) dbphoenix: I started copying these things some time back. So much of what I've bookmarked has disappeared because the site's no longer there. Did the same with some posts I wanted to save from message boards. Put them on my site. (11:32 AM) BrainStorm: hmm ffigure I should put my sell stop in (11:32 AM) ppusa: only one way to find out (11:32 AM) dbphoenix: We're still within that range. (11:33 AM) rivanews: hi, someone use Anco services? (11:33 AM) BrainStorm: 1379.5 or do you wait for the first pullback to be safe decision decisions (11:33 AM) dbphoenix: 1382 to 1401. (11:33 AM) BrainStorm: close to breaking out below (11:34 AM) dbphoenix: This is why it helps to take notes in realtime, BS. It's a lot easier in hindsight. I'd look at shorting breakdown with a very tight stop or waiting for the retracement. (11:34 AM) ppusa: dow down more (11:34 AM) BrainStorm: yeah gotta be tight stop (11:34 AM) dbphoenix: The fact that it's grinding would push me toward waiting for the retracement unless I were scalping. Which I don't. (11:35 AM) dbphoenix: There hasn't even been a decent expansion bar. (11:35 AM) rivanews: anyone? i would like about the execution time (11:35 AM) dbphoenix: What are Anco services? (11:35 AM) rivanews: a discount broker (11:37 AM) dbphoenix: This is beginning to look sort of like a graille buy set up. (11:37 AM) ppusa: gave up for now b/e (11:38 AM) dbphoenix: Maybe hourly timeframe. (11:38 AM) ppusa: dow coming back a bit (11:38 AM) rivanews: or another good broker with low round turn? (11:38 AM) ppusa: only clunk was in my wallet (11:39 AM) dbphoenix: Many people here use Interactive Brokers. (11:39 AM) dbphoenix: Real tempting to do something just because there's really nothing to do. That's where systems can help. (11:40 AM) ppusa: so far looks like 1-2-3 warning on 15 minute chart paid off (11:40 AM) BrainStorm: back into the range (11:40 AM) ppusa: go back down, i will re-enter (11:42 AM) ppusa: i saw 1 little clunk to 80 and that wasit (11:42 AM) rivanews: thanks iŽll cjeck (11:42 AM) rivanews: check (11:42 AM) BrainStorm: range bound (11:43 AM) skyprince_1: Yeah..a sell at 79 or 79.5 may work... (11:43 AM) dbphoenix: Yeah, If 1380 didn't trigger any stops, then we may be stuck here. Paltalk: To visit our sponsors, click on banners! (11:44 AM) ppusa: 80 was enough to give sell signals on PnF so see if there is any follow through (11:44 AM) dbphoenix: The 1m may give some notice. Not much happening there either, tho. (11:45 AM) ppusa: the move to 85.5 is now high of hour (11:45 AM) Daniel X: Hey WAZZUP!! (11:46 AM) Tom_B: Welcome Back (11:46 AM) Daniel X: how is the 6 week rally doing?!! (11:46 AM) ppusa: trying again (11:46 AM) Tom_B: resting (11:46 AM) Daniel X: yep friday (11:46 AM) Daniel X: it should (11:47 AM) ppusa: out (11:47 AM) Daniel X: 10% in 2 days is alot (11:47 AM) ppusa: no guts, no glory (11:47 AM) dbphoenix: Ya know, they may be using yesterday afternoon's low because of that long consolidation during the morning. (11:48 AM) ppusa: so far this is just a retest of lod (11:48 AM) ppusa: but i have reason to assume lod will get taken out (11:48 AM) ppusa: butnot enough reason to warrant risk (11:48 AM) dbphoenix: That was 1365, more or less. (11:49 AM) ppusa: yesterday's lows 59.5 to 65 (11:49 AM) skyprince_1: anthrax scare (11:49 AM) wayne_53: somone who works for NBC has been diagnosed with having come in contact with anthrax (11:49 AM) jimmer49: anthrax again (11:49 AM) jimmer49: GE employee (11:49 AM) dbphoenix: Yes. I was referring to the afternoon low. (11:49 AM) wayne_53: thsi was in NY (11:50 AM) ppusa: clunk (11:50 AM) dbphoenix: Really. Wonder if it had anything to do with the anthrax? (11:50 AM) ppusa: target 50 (11:50 AM) skyprince_1: oh yeah (11:52 AM) ppusa: thank you very little mini nasty (11:52 AM) Buffy_04364: Hi all - brother just left - now to see where head is for trading (11:52 AM) ppusa: 1359 makes sense, i said yesterday slice through 60 area today no problem premarket comment of mine (11:52 AM) ppusa: let me see if i can scroll back and grab another (11:53 AM) ppusa: 50 and 75 point PnF screaming for a reversal (11:53 AM) ppusa: WHO"S YOUR DADDY (11:54 AM) ann_87: not a serious form of anthrax they are saying (11:54 AM) ppusa: rode 200 qqq down to that dip (11:54 AM) ann_87: and she will recover (11:55 AM) skyprince_1: Like a rubber band....stretches out and then boing....back to where it started...some day I'll learn to get both sides of those.... (11:55 AM) Buffy_04364: who is this ann? Another case found? (11:55 AM) ppusa: channel 32 (11:55 AM) skyprince_1: Yes Buffy (11:55 AM) dbphoenix: Doesn't sound like terrorists. They wouldn't be picking off people one by one. (11:55 AM) ppusa: NY city NBC employee (11:55 AM) skyprince_1: Copycat freak? (11:55 AM) dbphoenix: I wouldn't be surprised. (11:56 AM) dbphoenix: I don't know how available anthrax is, but it would be a good way to get away with murder nowadays. (11:56 AM) ppusa: not inhaled form (11:57 AM) skyprince_1: Hmmm...wonder who makes anthrax testing kits? (11:57 AM) ppusa: employee is in no danger and should fully recover (11:57 AM) ppusa: contact anthrax, not inhaled anthrax (11:58 AM) ppusa: i have someone you can send that stuff to at the CME (11:58 AM) skyprince_1: That was an easy 20 pts...I almost feel guilty! (11:58 AM) ppusa: why did you get 20 and i get 5??? (11:58 AM) ppusa: it was my call!!! (11:59 AM) skyprince_1: I was in already from 79.5 (11:59 AM) ann_87: sorry buffy just saw your post (11:59 AM) ppusa: did you ride your position to 85? (11:59 AM) ppusa: high of the hour bar? (11:59 AM) Buffy_04364: tks all (11:59 AM) skyprince_1: Hit a market buy at 47 and got out at 59 (11:59 AM) ann_87: yes was another case in NY an nbc employee, but she is fine (12:00 PM) ppusa: Hi Buffy (12:00 PM) Buffy_04364: hi all (12:00 PM) skyprince_1: How many more of these anthrax spikes will we see...I hope not many. (12:00 PM) Buffy_04364: pp sounds like you are still having fun :-) (12:01 PM) ppusa: :--) (12:01 PM) ppusa: no (12:01 PM) Buffy_04364: calling them better than trading them? (12:01 PM) ppusa: can make the calls but not the money (12:01 PM) ppusa: lol (12:02 PM) ppusa: any way i can help ya know (12:02 PM) Buffy_04364: that is the only reason I could think you would say no (12:02 PM) Buffy_04364: :-) (12:02 PM) Buffy_04364: it happens (12:02 PM) Buffy_04364: nice penant on 3m (12:03 PM) Buffy_04364: inside bars (12:03 PM) skyprince_1: Yeah..kind of pretty! (12:03 PM) Buffy_04364: it is a classic (12:03 PM) Buffy_04364: :-) (12:03 PM) ppusa: someone in the room yesterday said something about the 60 area holding yesterday and i said just watch. Funny how somehow someone manages to hold an area like that, gap up and then slam everyone. (12:03 PM) skyprince_1: Textbook (12:04 PM) ppusa: i think this market is manipulated way more than we know (12:04 PM) skyprince_1: Guesses on the break? (12:04 PM) ppusa: up (12:04 PM) dbphoenix: That was me. According to theory anyway. (12:04 PM) skyprince_1: Okay... (12:04 PM) jimbo_320: heard the news? (12:04 PM) Buffy_04364: candles are pretty even (12:05 PM) jimbo_320: anthrax in nyc (12:05 PM) dbphoenix: That is, the longer the consolidation, the less likely it is to break on test. (12:05 PM) Buffy_04364: as far as battles concerned (12:05 PM) ppusa: my good signals are used up and may be time for me to take off today (12:06 PM) ppusa: this could be the HOM which would not bode well for next couple weeks (12:06 PM) ppusa: we'll see (12:06 PM) dbphoenix: Maybe HOY. (12:06 PM) Daniel X: nah not HOM (12:06 PM) ppusa: hey everyone is back (12:07 PM) Buffy_04364: LOL (12:07 PM) Buffy_04364: looks it (12:07 PM) ppusa: if markets turn down, no support until lows (12:07 PM) Buffy_04364: Hi daniel and dbp (12:07 PM) ppusa: nothing inbetween (12:07 PM) Buffy_04364: jimbo Art enjoyed your music yesterday (12:07 PM) Buffy_04364: :-) (12:07 PM) skyprince_1: Last 3min candle fit perfectly into pennant. Someone shoule save this... (12:07 PM) ppusa: not making the call as to whether or not (12:07 PM) skyprince_1: pp...you win.... (12:07 PM) Daniel X: hey Buffy (12:07 PM) ppusa: what's new (12:07 PM) ppusa: send money (12:07 PM) jimbo_320: anyone know more on the anthrax cases? (12:08 PM) skyprince_1: Recognition is sufficient? (12:08 PM) ppusa: sky could easily turn back down (12:08 PM) ppusa: which is what i suspect (12:08 PM) ppusa: suck people back in (12:08 PM) jimbo_320: wtc, rockefeller, empire state affected (12:08 PM) ppusa: enough for now (12:08 PM) skyprince_1: DO traders have egos? I was told to shed mine. (12:09 PM) ppusa: just this one (12:09 PM) jimbo_320: or is it a rumour? (12:09 PM) Buffy_04364: affected by what jimbo (12:09 PM) jimbo_320: anthrax (12:09 PM) Buffy_04364: oh great they have found more? (12:09 PM) Buffy_04364: or just getting positive test results from the lab in the building? (12:09 PM) jimbo_320: think thats what caused the sell off (12:09 PM) ppusa: where is it all coming from (12:10 PM) ppusa: seems like it is going to media places (12:10 PM) ppusa: sky resistance here (12:10 PM) dbphoenix: Is that a bad thing? (12:11 PM) skyprince_1: yep (12:11 PM) Buffy_04364: people down with it from all those places? (12:12 PM) dbphoenix: Chop again. (12:12 PM) jimbo_320: think so (12:12 PM) skyprince_1: Yep....business as usual.... (12:13 PM) jimbo_320: why did i cover my short? (12:14 PM) Daniel X: because it was a news driven reaction (12:14 PM) dbphoenix: And it's only lunch. (12:14 PM) Daniel X: wise move (12:14 PM) dbphoenix: Wonder if we'll get an island reversal on Monday? Paltalk: Subscribe to Paltalk Plus to stop the popups today! Get it NOW for less than THREE CENTS a day! Click HELP on your Pal List then click 'Bannerless PalTalk'. (12:15 PM) jimbo_320: Dan, i thought you were taking a week off ? Couldnt resist retro? (12:15 PM) Daniel X: i did take the week off (12:15 PM) ppusa: should get some upside retracement to reverse PnF's up but flat here (12:15 PM) Daniel X: took 2 trades yesterday + 29 thats it for the week (12:15 PM) ppusa: Dan you missed some great trades (12:16 PM) Daniel X: i know i know (12:16 PM) ppusa: last night there was a 20 point retro (by the way) signal (12:16 PM) Daniel X: just came to see how my 6 week rally was holding upLOL (12:16 PM) ppusa: nbc suspicious package had bag of powder in it (12:16 PM) Buffy_04364: LOL Daniel (12:17 PM) Buffy_04364: and they don't know what was in it yet for sure? (12:17 PM) Orprepus: hey dan (12:17 PM) jimbo_320: bin laden must be short again (12:17 PM) Daniel X: how you doing ORP? (12:17 PM) Orprepus: doing ok (12:17 PM) Buffy_04364: hi orp (12:17 PM) ppusa: 10 days ago (12:18 PM) Daniel X: nah Osamin Bin Laden went long..... (12:18 PM) Daniel X: Defense stocks (12:18 PM) Orprepus: had some EW problems the last few days - no trades - pushing the envelope with overlay studies (12:18 PM) ppusa: powder tested negative (12:18 PM) Daniel X: wowo you miseed the run up ORP? (12:19 PM) Orprepus: Howard figured it out last night and made a new drop (12:19 PM) Buffy_04364: yes he told me there was a new one for yesterday (12:19 PM) ppusa: look people, if this happened 10 days ago, why do you think this all came out today (12:19 PM) Buffy_04364: haven't gotten it yesterday (12:19 PM) Orprepus: yeah - I was hanging every 15m or so (12:19 PM) Buffy_04364: thanks for working with him (12:19 PM) Buffy_04364: memory drain right? (12:19 PM) Daniel X: don't get ur point PP? (12:19 PM) Orprepus: did not trust making a trade with out this computer (12:20 PM) Daniel X: oh ok gotcha (12:20 PM) ppusa: Totally manipulated market (12:20 PM) Orprepus: yes was spinning all night (12:20 PM) Orprepus: pp who is doing it? (12:20 PM) Daniel X: redemption $ is what this is (12:20 PM) ppusa: i don't know but looking really suspicious (12:20 PM) Buffy_04364: knew there was a problem but didn't know what was causing it - glad you found (12:20 PM) ppusa: think specialists (12:21 PM) dbphoenix: Look behind the grassy knoll. (12:21 PM) Daniel X: and don't forget SOX recovery is the first signal for overall recovery (12:21 PM) ppusa: 9/11 market sells off after hitting top of channel (12:21 PM) ppusa: news comesout today when market obot (12:21 PM) Orprepus: had an overlay of same symbol as a line drawn chat in a study - would lock my whole system up - repaint issue in studies (12:22 PM) ppusa: whatever (12:22 PM) ppusa: i have to update some stuff (12:22 PM) Buffy_04364: thanks for info orp (12:22 PM) Buffy_04364: appreciate it (12:22 PM) ppusa: if anyone needs some calls, ping me (12:22 PM) Orprepus: sure (12:22 PM) Daniel X: Bush getting heat for keeping info from congress more info will start to flow (12:23 PM) Buffy_04364: fine line between more info and what they were leaking (12:23 PM) Daniel X: whats ur ip PP? (12:23 PM) Buffy_04364: hopefully worked out solution (12:23 PM) ppusa: which info? (12:23 PM) dbphoenix: Just threaten to try them for treason. (12:23 PM) Buffy_04364: LOL (12:23 PM) Buffy_04364: :-) (12:23 PM) ppusa: where doi find my ip address (12:24 PM) Daniel X: send me an email i tell yah (12:25 PM) jimbo_320: dial up connection - status - details win2000 (12:26 PM) jimmer49: common sense rule has macd system sidelined - too much anthrax bs (12:27 PM) dbphoenix: Reminds me of junior high and the dreaded "mono". (12:28 PM) dbphoenix: How 'bout this for a common sense rule: if CNBC breaks away for any reason, tighten stops. (12:28 PM) ppusa: seen this current pattern many times (12:29 PM) ppusa: throws fake and goes opposite (12:29 PM) dbphoenix: Might also find gap support. Note the time. (12:30 PM) ppusa: y i mean short term one way then the other (12:30 PM) ppusa: now??? (12:31 PM) jimmer49: When I think about all the simple things terroritst could do to just drive us crazy, I am amazed at the fact that nothing has happened. Imagine if they threw footballs on to 20 busy freeways at the height of rush hour for example. (12:32 PM) dbphoenix: LOL What an image. (12:32 PM) Tom_B: MAyor of NYC talking about anthrax (12:33 PM) dbphoenix: A bunch of robed and turbaned terrorists standing on the overpass, tossing footballs. (12:33 PM) Daniel X: clean so far! (12:34 PM) jimmer49: I guess they are only intersted in bigger body counts (12:34 PM) jimbo_320: hate when my charts pack up when in trade (12:34 PM) ppusa: still inside dqay (12:34 PM) dbphoenix: If they were on the LA freeway, they'd get them. (12:35 PM) ppusa: lod and hod are in (12:35 PM) ppusa: dump powder on freeway (12:35 PM) ppusa: panic EVERYONE (12:36 PM) dbphoenix: Or use flour. A lot cheaper. (12:36 PM) jimbo_320: out for +4.5 (12:37 PM) jimmer49: That's the kind of thing I mean. They could drive us absolutely batty if they wanted to. (12:37 PM) Buffy_04364: nice JImbo (12:37 PM) dbphoenix: I imagine some creative teenagers will do it if the terrorists don't. (12:38 PM) dbphoenix: Surely we're not the only people to think of it. (12:38 PM) jimbo_320: it would have the very same effect i can imagine, fbi everywhere making cakes (12:38 PM) dbphoenix: No. Donuts. (12:38 PM) dbphoenix: That's it. Anthrax in the sprinkles. (12:39 PM) jimbo_320: how many cases are there reported? (12:39 PM) dbphoenix: Why not use that as the name for your system, jimmer? (12:40 PM) jimmer49: use what? (12:40 PM) dbphoenix: Anthrax. (12:40 PM) jimmer49: jeez (12:40 PM) dbphoenix: 12pt bold, in red. (12:42 PM) jimbo_320: out 1/2 +4, thankyou very much (12:44 PM) donsuelo: I don't mean this in a bad way......but if you could choose the victim at 30 Rock.....I vote for that weakest link woman (12:44 PM) jimbo_320: +5 on the rest (12:44 PM) elly_34: bad idea on the name (12:44 PM) elly_34: rather awful in fact Paltalk: Please visit our advertisers by clicking on banners. (12:45 PM) jimbo_320: anne robinson, goodbye (12:45 PM) ppusa: elly u like her? (12:46 PM) BrainStorm: anne robinson...you keep her we dont want her back (12:47 PM) dbphoenix: I would imagine she feeds into those discipline fantasies that middle-aged British men are supposed to have. (12:48 PM) jimbo_320: go on.. (12:48 PM) ppusa: today's high nq hit 50 day ma (12:49 PM) ppusa: Dan u here? (12:50 PM) ppusa: DANIEL X??? (12:50 PM) ppusa: DANIEL X??? (12:51 PM) Daniel X: yah LOL (12:52 PM) Daniel X: wahts up/ (12:52 PM) Daniel X: ? (12:52 PM) dbphoenix: Bears sure are trying. (12:54 PM) ppusa: nq down to yesterday's low (12:54 PM) dbphoenix: Out for +5.5 (12:54 PM) ppusa: may want to bounce here but then maybe outside down day (12:55 PM) ppusa: Dan nq hit 50 day ma...still think 6 week rally? (12:55 PM) dbphoenix: Still plenty of time to fill the gap today. (12:55 PM) Daniel X: no? (12:55 PM) Daniel X: needs pull back (12:56 PM) Daniel X: we were suppose to test lows 1 moe time before the run up so...... (12:56 PM) Daniel X: this could be it but yhe &^*%$#@# news is &^%##$% everything up! (12:56 PM) elly_34: like who ppusa? (12:56 PM) elly_34: was gone (12:57 PM) dbphoenix: Going to be a lot of ticked-off LTBH if we revisit the lows. (12:58 PM) elly_34: who do i like ppusa? (12:58 PM) jimmer49: polaroid filing for bankruptcy (12:58 PM) dbphoenix: Yeah, they talked about that yesterday. Can you believe it? (12:58 PM) ppusa: weakest link (12:59 PM) elly_34: only watched it once (12:59 PM) elly_34: no didn't like (12:59 PM) ppusa: what is LTBH? (12:59 PM) dbphoenix: Long Term Buy & Hold (01:00 PM) dbphoenix: Or Long Term Buy & Hope (01:00 PM) ppusa: no wonder, not in vocabulary (01:01 PM) Daniel X: LYPP (01:01 PM) Daniel X: LTPP sorry (01:01 PM) Daniel X: long term pay & pray (01:02 PM) ppusa: today's sell off could be a setup for a rally next week. no way of knowing (01:02 PM) Daniel X: we have to pull back come on (01:02 PM) ppusa: after gap is filled (01:03 PM) Daniel X: the Nas climbed 10% wed and thurs (01:03 PM) Daniel X: S&P at 9/11 sell off point (01:04 PM) ppusa: after a down day like Dow and SP have, could rebound ... personally i have warned about the high of the month scenario and feel it is probably the most likely (01:05 PM) ppusa: like to see today's low hold and sell monday open (01:07 PM) hanksterr: this is getting real scary, now two kinds of anthrax and they are telling us to relax (01:10 PM) dbphoenix: It just doesn't compute. Why would powder on an envelope infect one person? Why not every postal worker or mailroom worker who touched it? (01:11 PM) Tom_B: they wear gloves so your mail doesn't get dirty (01:11 PM) dbphoenix: What about all the other envelopes that the envelope brushed against? (01:11 PM) ppusa: is htis sell here or retro long? (01:13 PM) dbphoenix: I went long due to possible gap support. But I don't think retro would go long since the bar's below the MA. (01:13 PM) dave_b_quik: ppusa, there was a 5m 2B pattern, so a retro long (whether it turns out to be profitable is another matter) (01:14 PM) ppusa: thanks Dave (01:14 PM) dbphoenix: What are you using as the previous swing low on the 5m? (01:14 PM) ppusa: i think setup to new lows but understand your logic Paltalk: Your friends are just a click away! Press the invite button NOW! (01:15 PM) ppusa: on a different day i could see this as a buy (01:15 PM) dave_b_quik: ya, retro just takes the trades, blind to the facts (01:15 PM) dbphoenix: Stopped out. (01:16 PM) dbphoenix: I show the last swing low as 1350. Not correct? (01:16 PM) jimmer49: macd system +33 and long from 47.5 (01:16 PM) jimmer49: took one hour off after 1st anthrax announcement to let things settle - common sense rule (01:17 PM) dbphoenix: Anyway, I assume it would not be a 2B until it gets past 1350 by the retro definition of 2B (01:18 PM) dave_b_quik: retro uses the high of the poke bar for the 2B trigger (01:18 PM) dbphoenix: In a downtrend? (01:18 PM) dave_b_quik: ya (01:19 PM) dbphoenix: So the 1205 bar is also a 2B? (01:20 PM) dave_b_quik: no, not here (01:20 PM) dbphoenix: But it was at the time? (01:20 PM) dave_b_quik: i don't see it (01:21 PM) dave_b_quik: has to test a previous swing and penetrate it and then reverse (01:21 PM) dbphoenix: The 1150 bar made a new low with a high on the bar of 1365. The 1205 bar made a high of 1367. (01:22 PM) dbphoenix: Previous swing low was 1368.5 (01:23 PM) dave_b_quik: looks like my numbers are a little different, but close (01:24 PM) shimster_1: Hi Dave (01:24 PM) dbphoenix: If not the 1205 bar then the 1210. That was a 2B? (01:25 PM) dave_b_quik: no, because the high of the poke bar was never reached again (01:26 PM) dbphoenix: But the high of the 1150 poke bar was exceeded. (01:26 PM) dave_b_quik: i just posted a chart with the 2B test on it (01:26 PM) ppusa: that pop mayhave been last chance to sell before drop (01:26 PM) dave_b_quik: ya (01:27 PM) ppusa: not last chance but high before sell off (01:27 PM) dbphoenix: Looking at your chart. The green bar shortly after 1200 exceeds the high of the poke bar. (01:27 PM) wayne_53: Now some white powder has shown up in D.C. (01:28 PM) dave_b_quik: db, if you draw a horizontal line from the swing being tested, the poke bar is the one straddling the line (01:28 PM) ppusa: i think charts are waiting for the new hour to start (01:29 PM) dave_b_quik: on the yellow line i drew there are 2 poke bars, the top of the second is where i drew the arrow (01:29 PM) dbphoenix: Yes, but at the time of the new swing low just before noon, the green bar which exceeded that bar would have been a 2B. (01:29 PM) dbphoenix: The swing low for the day was just after the open. (01:30 PM) dbphoenix: Just ignore everything after 1230 for now. (01:30 PM) ppusa: Dave you still in? (01:31 PM) dave_b_quik: i'm not trading, i was just walking by (01:31 PM) dave_b_quik: retro long is working though (01:32 PM) ppusa: yes i anticipated to here secret chart (01:32 PM) dave_b_quik: db, i think i see what you mean, i'll draw it on the chart and repost (01:36 PM) elly_34: JIMMER!!! yay (01:36 PM) dave_b_quik: db, refresh the chart i posted and see if we're looking at the same thing (01:36 PM) QSuzy: Dave....on the chart you posted, would retro Long entry have been off the 5min chart then and not the 15min? (01:37 PM) dave_b_quik: no, the entry is off the 15m (01:37 PM) dbphoenix: No. Tell you what. I'll add my own annotations and attach to an email to the retrotrader group. (01:37 PM) dave_b_quik: great (01:38 PM) dave_b_quik: suzy, it was a 2B on the 15m too, retro just started looking for the 15m long when the 5m 2B was triggered (01:39 PM) QSuzy: okay, I see it now....tx (01:40 PM) dave_b_quik: retro got stopped out anyway (01:40 PM) Orprepus: 2 steps forward one step back - were danicng agian (01:40 PM) jimmer49: macd system stopped at 50 on 7 pt. trailer for +2.5 (01:41 PM) ann_87: mike macd sell on 5 and 5 min grail sell (01:43 PM) jimmer49: noted ann, macd sytem short Paltalk: Go bannerless and support PalTalk! Subscribe today! Only $9.95 a year! Click HELP on your Pal List then click 'Bannerless PalTalk'. (01:45 PM) Orprepus: posted 4m copy patterm (01:46 PM) Orprepus: patterm=pattern (01:46 PM) dbphoenix: Chart sent to Yahoo group, Dave. (01:46 PM) Orprepus: still in need of dynamic spell checker ot bigger keyboard for my club fingers (01:49 PM) dave_b_quik: tnks, db (01:50 PM) jimbo_320: does a 2B have to have a lower low on the second test to be considered retro 2B for exit? (01:52 PM) dave_b_quik: that's the definition, jimbo, although trader vic does give an example of an equal low (01:53 PM) dave_b_quik: it has more power if it has a lower low, because it sucks in more shorts that have to cover (01:55 PM) BrainStorm: re-boot time (01:55 PM) jimmer49: correction - macd system not short - missed hitting trigger point by 1 tick (01:55 PM) dbphoenix: Volume is making a nice filter for staying the hell out. (01:55 PM) jimbo_320: so the only other exit would be at the previous tick above the swing low, inside bar or stopped out (01:56 PM) jimbo_320: swing high (01:56 PM) dbphoenix: Jimmer, when you post this, would appreciate it if you'd include the times. It's real difficult to follow what you're doing when so much else is going on. Esp when I'm concentrating on my own business. (01:56 PM) QSuzy: db.....Yeah, volume looks like everyone is taking an early weekend.... (01:56 PM) jimbo_320: for short (01:56 PM) jimmer49: macd sytem up 35.5 on 6 trades (01:58 PM) dbphoenix: I haven't been keeping a cumulative total but I think mine is up 45 minus two 5pt stops, so you're up a half point on me. OTOH, if I'd used an ADX filter, I wouldn't have entered either of those trades I got stopped out on. That's something I want to look at carefully. (01:59 PM) jimbo_320: jimbo system +14.5 es, 1 loser and missed the big trend at beginning (shopping), and big sell off (chatting) (02:00 PM) dbphoenix: Shopping?? LOL (02:00 PM) Buffy_04364: gee jimmer have to get you to do a thursday discussion on it :-) (02:01 PM) jimmer49: hmmm (02:01 PM) dbphoenix: I do like the retro filter of the 5m range. That helps keep me out of chop. (02:02 PM) jimbo_320: i like that volume filter too, sidelined since 12.42 (02:04 PM) Buffy_04364: gee someone came up with a volume filter (02:06 PM) dbphoenix: Unfortunately, the range filter wouldn't have helped me on those two stopouts because the range was just getting established. Just the ADX/DMI. (02:06 PM) dbphoenix: The volume filter is discussed at the Yahoo site. I don't think it's come up here. (02:06 PM) Buffy_04364: the retro emails? (02:07 PM) dbphoenix: Yeah. (02:07 PM) Buffy_04364: will have to go back and read (02:07 PM) dbphoenix: They're doing some really interesting stuff on volume, time, etc. (02:07 PM) Buffy_04364: ok (02:07 PM) Buffy_04364: will get caught up to you guys over the weekend (02:08 PM) dbphoenix: But I tend to agree that volume is probably much more important than time. (02:08 PM) dbphoenix: At least after the opening minutes. (02:10 PM) dbphoenix: Can anybody think of a good excuse for a rally to the HOD for a Friday afternoon? (02:11 PM) dave_b_quik: "the war is over" (02:13 PM) skyprince_1: No...no good reason. (02:13 PM) jimmer49: Being bombed by too much news today (02:13 PM) Buffy_04364: time line in pyra coming up (02:14 PM) fredrickson: what is the yahoo site url? (02:15 PM) Buffy_04364: see how long term stoch is bouncing off the b line on the 15-T (02:15 PM) Buffy_04364: 150T (02:15 PM) Buffy_04364: this is what I was talking about Paltalk: Please support our sponsors by clicking on banners. (02:15 PM) Buffy_04364: seems to be great long (02:17 PM) dbphoenix: Don't have it offhand, fredrickson. Go to dacharts_dachart_dacharts_dachart.com for the lnk. (02:18 PM) jimmer49: macd system went long at the 1450 bar at 49.5 (02:18 PM) dbphoenix: You're a better man than I am. I started to enter but decided not to because of the volume. Short, maybe. Long, no. (02:19 PM) jimmer49: just qualified by a whisker based on rules (02:19 PM) fredrickson: ok thank you dbphoenix (02:20 PM) jimmer49: felt uneasy to me too (02:20 PM) jimmer49: lower low was helpful (02:23 PM) jimmer49: Starting to get fairly comfortable with this system now (02:23 PM) dbphoenix: Looking forward to looking at your preliminaries. (02:24 PM) jimmer49: going to post rules, chart setups and results for past few days. Promised elly first peek via e/m (02:25 PM) dbphoenix: If I weren't interested in how all this plays out, I would have said thank you for the 45 points and split. (02:27 PM) jimmer49: locked into at least an 8 point gain on this trade based on trailer. that would make it 43.5. seems like a bitchin hard 43.5 somehow (02:27 PM) dbphoenix: Looks like we have 1 & 2 of a 1-2-3. (02:28 PM) dbphoenix: I thought you were at 45.5. (02:29 PM) jimmer49: 35.5 on closed trades (02:29 PM) dbphoenix: Bummer. (02:30 PM) jimmer49: yesterday 98 (02:30 PM) jimmer49: wednesday +65 (02:30 PM) dbphoenix: Let's hear it for SMACD. (02:30 PM) jimmer49: tuesday 64.5 (02:30 PM) jimmer49: Monday not sure (02:31 PM) jimmer49: Friday 105 (02:31 PM) jimmer49: SmackD (02:31 PM) dbphoenix: Careful, jimmer. Somebody's going to hurt you :0) (02:32 PM) jimmer49: Too bad I didn't actually do it all. Hard to develop a system and trade it at same time. (02:33 PM) dbphoenix: I don't even try. I just paper trade it and don't worry about the actual trading. The big advantage of futures is that it doesn't matter when you trade and when you take off. (02:33 PM) dbphoenix: Plus you don't have to worry about "missing" something, as you do with stocks. (02:34 PM) Buffy_04364: or spend days getting back into swing of what has ahppened when you were gone (02:35 PM) dbphoenix: True. (02:35 PM) dbphoenix: If there were enough volatility, you could just trade one or two days a week, depending on how greedy you are. Can't do that with stocks. (02:35 PM) dbphoenix: Not anymore. (02:42 PM) jimbo_320: jimmer what time was that bar 14.50pm nq you got long? (02:42 PM) jimmer49: 1450pm yes on 5 min (02:43 PM) jimmer49: 1350 I should have said - duh (02:43 PM) jimbo_320: ok thanks (02:45 PM) jimbo_320: that is about the best entry possible, congrats Paltalk: Are banners a bummer and popups a pain? Cure your banner blues NOW for $9.95 a year! Click HELP on your Pal List then select Bannerless PalTalk to subscribe now! No banners! No Popups! Fast video in all groups! (02:45 PM) jimbo_320: u still long? (02:47 PM) jimmer49: yes, with 7 point trail. 59 sells (02:48 PM) jimmer49: considering rule to tighten stop once stoch gets over 80 (02:48 PM) jimbo_320: trading on 1min? (02:48 PM) jimmer49: 5 min (02:52 PM) jimbo_320: be nice if we close that gap (02:53 PM) jimmer49: looking good here (02:53 PM) jimmer49: guess I'll have no excuse not to trade this thing until it proves I shouldn't (02:54 PM) ppusa: n 10 point obot here (02:54 PM) ppusa: PnF (02:56 PM) ppusa: closed gap from this am. Think straight south here (02:57 PM) ppusa: still inside day (02:58 PM) ppusa: guess not yet anyway (02:59 PM) jimbo_320: trin tick improving (02:59 PM) fredrickson: jimbo you gonna sell 87.50 es (03:00 PM) jimmer49: macd was technically stopped out at 60.5 unfortunately. trade was +11. Rules allow for reentry on takeout of retracement bar, so back in at 65.5 (03:00 PM) jimmer49: Now +46.5 on closed trades. (03:00 PM) jimbo_320: volume increase (03:01 PM) dbphoenix: Saw that. Bought breakout of range. (03:01 PM) jimbo_320: wtg jimmer, giving retro a run for his money (03:02 PM) jimbo_320: fred, wating for volume improvement (03:02 PM) ppusa: down please (03:02 PM) dbphoenix: Dave, you there? (03:03 PM) jimbo_320: all those shorts from 11.30 have itchy feet (03:06 PM) ppusa: here goes (03:06 PM) ppusa: 10 to 15 point pb potential (03:07 PM) ppusa: minimums (03:07 PM) jimbo_320: see if 83 holds (03:08 PM) jimmer49: Out 71 on trailing stop for +5.5 and + 52 on day (03:09 PM) laniermasters: it seems to have turned at a .618 fib retracement (exact at 1377.479) (03:09 PM) ppusa: Daddy says 68 not 68.5! (03:09 PM) perltrader: jimmer, I've been away - are you trading retro? (03:11 PM) jimmer49: not retro, another system based on macd (03:11 PM) perltrader: ok, thx Paltalk: Multivideo has been activated in all Paltalk groups!!! With Paltalk 4.0 (available from our beta link on our homepage), you can see up to three people in every group. Paltalk Plus subscribers can see people in full motion video. (03:22 PM) x21r: . (03:23 PM) ppusa: wondering if new highs before nq fills the rest of that gap (03:24 PM) ppusa: got everyone (including me) thinking go down but the low is holding (03:25 PM) dbphoenix: New highs with this volume? (03:26 PM) ppusa: monday (03:26 PM) dbphoenix: We have retraced 50% of the decline, tho. So who knows? (03:26 PM) dbphoenix: Yeah, Monday. (03:27 PM) ppusa: seen this so many times when gap up, shake everyone and then take it higher (03:27 PM) dbphoenix: May depend on news events over the weekend. (03:27 PM) ppusa: got buy signal here after 10 point PnF reversal (03:27 PM) dbphoenix: Funny how nobody's paying any attention to earnings. (03:27 PM) hanksterr: barrons (03:28 PM) jimbo_320: posted chart (03:28 PM) dbphoenix: You mean gap up, trade down, then go higher, right? (03:28 PM) ppusa: yes (03:29 PM) ppusa: just as you are watching (03:29 PM) dbphoenix: Maybe. Depends on how eager people are to fade the opening if it gaps up. (03:29 PM) ppusa: everyone thinking fill exhaustion gap and now look (03:29 PM) dbphoenix: Yeah, I'm surprised at the support. Esp on a Friday. (03:29 PM) jimbo_320: 600 ticks (03:30 PM) ppusa: hindsight all the charts reversed 75 point and now look (03:30 PM) jimbo_320: sold half for +7 (03:30 PM) ppusa: just like last friday (03:30 PM) ppusa: boy doi feel stupid (03:31 PM) jimbo_320: a beautiful market so predictable (03:31 PM) ppusa: had all day to buy (03:31 PM) dbphoenix: This kind of action would encourage an upmove on Monday, tho. (03:31 PM) dbphoenix: If it lasts. (03:31 PM) ppusa: up monday then maybe down (03:31 PM) ppusa: get everyone long, then fill gap (03:31 PM) ppusa: who knows (03:32 PM) ppusa: feel stupid for not buying low (03:32 PM) dbphoenix: That's what happened this week. (03:32 PM) dbphoenix: Don't spend the weekend beating yourself up over it. (03:33 PM) Buffy_04364: what a nice market to trade :-) (03:33 PM) Buffy_04364: welcoming me back? LOL (03:33 PM) jimbo_320: take 90 and then could see hod (03:33 PM) dbphoenix: I made a mistake waiting for the breakout of that range, but what the hell. (03:35 PM) ppusa: obot PnF here (03:35 PM) ppusa: made a couple points on that (03:35 PM) jimmer49: macd system long from 73.5 at 1520 bar (03:36 PM) dbphoenix: Okay, jimmer, you beat me. Got distracted by quesadillas. (03:38 PM) dbphoenix: Was all of that with a 7pt stop? (03:39 PM) jimmer49: 7 point yes (03:39 PM) dbphoenix: Maybe the way to go is to use the looser stop as long as the ADX/DMI is making higher highs, then tighten when it begins to roll over. (03:39 PM) dbphoenix: At least for me. (03:39 PM) ppusa: jimmer what settings are you using on macd (03:40 PM) dbphoenix: Maybe you could do the same using the MACD histogram. (03:40 PM) dbphoenix: I think he's using 3/11/17 (03:40 PM) ppusa: last PnF got 10+ points but not 15, thisone should get 16+ on PB (03:41 PM) tradeit: any one had any problems with es time and sales? (03:42 PM) jimmer49: pp for this system I am using 4,11,6 in today's modification (03:42 PM) jimmer49: was using 3,11,6 before (03:42 PM) ppusa: tks (03:43 PM) dbphoenix: Ah Ha (03:43 PM) jimbo_320: had chart problems all day (03:43 PM) dbphoenix: 6 is quite a difference. (03:43 PM) ppusa: on the way to HOD (03:44 PM) jimmer49: I want to warn you guys when I post my rules there will be times when more than one rule could be operative at a given time. That is not a flaw in the system, but is deliberate to allow some room for judgement. It won't happen often tho. (03:44 PM) tradeit: with es or all of them jimbo? (03:44 PM) ppusa: just tell us when to buy (03:45 PM) jimbo_320: all very slow could be my link (03:45 PM) ppusa: save our interpretation (03:45 PM) ppusa: we will start butchering your rules Paltalk: Click banners to visit our sponsors. (03:45 PM) jimbo_320: out the rest +10.5 yeehaa (03:46 PM) Buffy_04364: glad to see some other great days! (03:46 PM) Buffy_04364: good job jimbo! (03:46 PM) Buffy_04364: all you other traders too (03:46 PM) jimmer49: you can do what you want with my rules. I don't intend to get hung up quibbling about rules. Good ideas welcome of course, but I need to be trading, not defending rules. (03:47 PM) Buffy_04364: true jimmer - your system works for you - others can adapt to their style (03:47 PM) ppusa: see arguing al ready (03:47 PM) Buffy_04364: LOL (03:47 PM) ppusa: just tell us what to do (03:47 PM) dbphoenix: Looking forward to your posts and charts, jimmer. (03:48 PM) wayne_53: Jimmer.....Where will you be posting your rules (03:48 PM) tradeit: no they are just creating market (03:48 PM) Orprepus: can't we all just get along (03:48 PM) Buffy_04364: :-) (03:48 PM) Buffy_04364: we are orp (03:48 PM) jimmer49: Posting on retro website. (03:48 PM) ppusa: oh gee (03:49 PM) Tom_B: "C'mon People Now, Just Love One Another Right Now..." (03:49 PM) Orprepus: pp you clean up today (03:49 PM) wayne_53: look forward to it (03:49 PM) ppusa: nope (03:49 PM) Buffy_04364: hi Tom (03:49 PM) jimmer49: Who is arguing? (03:49 PM) ppusa: sleeping at LOD (03:49 PM) Buffy_04364: no one jimmer (03:49 PM) Tom_B: Hi (03:50 PM) dbphoenix: FWIW, I would have picked up another 20 pts today if it hadn't been for quesadillas. But priorities are priorities. (03:50 PM) Buffy_04364: personally I hate argueing (03:50 PM) ppusa: want to short here for a trade but (03:50 PM) Buffy_04364: love discussion though (03:50 PM) ppusa: know HOD is just above (03:50 PM) Orprepus: you need one of those pc attachments that gives you a little electric shoock when trigger by lod (03:50 PM) jimbo_320: retro get a piece ? (03:50 PM) ppusa: I saw LOD and the setup clearly and chose to ignore it while Dave was buying (03:51 PM) dbphoenix: Or an attachment that says "Are you really sure you want to do this?" when placing an order. (03:51 PM) Buffy_04364: LOL (03:51 PM) ppusa: never get in (03:51 PM) Orprepus: constructive discussion or argueing leads growth and understanding (03:51 PM) Buffy_04364: pyra tos and time line (03:52 PM) jimbo_320: id have him long 58.5, 78.5 (03:52 PM) dbphoenix: I hope I left the arguing behind on the message boards. (03:52 PM) ppusa: really wasn't expecting an outside down day and should have bot lows (03:52 PM) Buffy_04364: hmmm agree with constructive discussion but not the argueing (03:52 PM) Orprepus: come on nq go baby go (03:52 PM) Buffy_04364: each in their own world and not listening to the other (03:52 PM) ppusa: figured lows could go next week if at all (03:53 PM) dbphoenix: I don't suppose they teach debate in high school anymore. (03:53 PM) ppusa: PnF obot (03:53 PM) jimbo_320: when the big boys think the bottom is in, shorts beware (03:53 PM) ppusa: get pb monday if not now (03:53 PM) Orprepus: good point dbp (03:53 PM) Buffy_04364: baring any bad news over the weekend monday should be like today (03:54 PM) Orprepus: OE week next week (03:54 PM) ppusa: seen days like today over and over (03:54 PM) ppusa: funny in hindsight (03:54 PM) Orprepus: High is usually Monday (03:54 PM) Buffy_04364: may the results be the same then pp (03:54 PM) dbphoenix: No eco reports. Anybody important reporting? (03:55 PM) dbphoenix: On Monday? (03:55 PM) ppusa: i had a nice QQQ short this AM that i covered on the break. Only really good trade (03:55 PM) ppusa: love taking money from them (03:56 PM) Buffy_04364: through TOS (03:56 PM) ppusa: hey orp, secret chart once again worked perfect (03:56 PM) dbphoenix: Answering my own question, looks like a number of big-time banks on Monday. (03:56 PM) Orprepus: been looking pretty good (03:58 PM) dbphoenix: Looks like I should have waited on the quesadillas and taken the trade. (03:58 PM) Orprepus: inside bar fourht bar the key (03:58 PM) ppusa: long over weekend? (03:59 PM) jimmer49: Gonna call it good here at 1400 for +17, makeing +69 for the day (03:59 PM) Buffy_04364: very nice jimmer (03:59 PM) ann_87: great jimmer (03:59 PM) dbphoenix: Didn't you have to go to the bathroom at some point? :0) (04:00 PM) Tom_B: you da man (04:00 PM) ppusa: dbp haha (04:00 PM) Tom_B: thunder jug under desk (04:00 PM) ppusa: hindsight is a wonderful thing (04:01 PM) dbphoenix: Sure hope this volatility lasts for a while. (04:01 PM) Buffy_04364: posted the pyra chart (04:01 PM) ppusa: market trends better going up than down (04:01 PM) ann_87: hindsight sure is a wonderful thing LOL (04:01 PM) dbphoenix: Important to note, tho, that the market shrugged off all the anthrax scares. (04:01 PM) laniermasters: PPU (04:02 PM) laniermasters: hey, ppusa, is secret chart too secret tell us? (04:02 PM) ppusa: i was looking at all these charts earlier saying to myself that invariably they all go into buy signals...what do ya know (04:02 PM) Buffy_04364: you are right dbp that is very very important (04:02 PM) ppusa: no secret (04:02 PM) laniermasters: ?? (04:02 PM) dbphoenix: I have to remember that I could be wrong about revisiting the lows. But this move doesn't make a whole lot of sense. (04:02 PM) elly_34: have a nice weekend everyone (04:03 PM) Buffy_04364: you too elly (04:03 PM) elly_34: see u all mon (04:03 PM) ann_87: you too elly bye (04:03 PM) elly_34: be happy (04:03 PM) Buffy_04364: hope to see you around maybe (04:03 PM) Buffy_04364: hi anne (04:03 PM) Buffy_04364: just want the fbi warning to be wrong (04:03 PM) Buffy_04364: that will make me very very happy (04:03 PM) Buffy_04364: oh is anyone using winME and esignal w/ensign (04:04 PM) ann_87: hi Buffy (04:04 PM) dbphoenix: What they need to do is package the powder in envelopes market You May Have Already Won. (04:04 PM) ppusa: take first hour's range then combine next 3 hours into one bar and the final 3 into one bar. Should represent nice pattern such as today when looked at beginning of last 3 hours there was room on the upside that needed to be filled. (04:04 PM) laniermasters: Thanks! (04:05 PM) ppusa: shows where gaps are (04:05 PM) laniermasters: Forget night trade? (04:05 PM) dbphoenix: Good example of reconfiguring the day. (04:05 PM) laniermasters: for patterns? (04:05 PM) ppusa: me? (04:06 PM) ppusa: 2 hammers on compx??? (04:06 PM) ppusa: laniermasters for patterns? are you asking me? (04:07 PM) laniermasters: ppusa, yes, just each day at 9:30? (04:07 PM) laniermasters: just start I meant (04:07 PM) ppusa: yes (04:07 PM) ppusa: gotcha (04:07 PM) ppusa: forget night (04:07 PM) laniermasters: okay thanks, sounds like a good clue (04:08 PM) ppusa: look at today as good example (04:08 PM) ppusa: nothing special but if market is holding one end or the other, look out (04:08 PM) ppusa: also yesterday great example (04:09 PM) ppusa: dip to 67 or so late in day filled the required space between 3 hour bars. Previous day didn't though so like anything else, just gives a clue (04:10 PM) ppusa: yesterday good example because last 3 hours started to high. needed retracement. (04:10 PM) ppusa: day before last 3 hours started lower, didn't need the fill (04:10 PM) dbphoenix: This is the Rubber Band Theory? (04:13 PM) laniermasters: Thanks, this is fascinating to me. I love being able to learn from all you folks. - Rubber band theory, that's great! (04:13 PM) dbphoenix: pp has talked about the RBT before. Makes more sense than Bollinger Bands. (04:14 PM) ppusa: what the heck are you talking about dbp? (04:14 PM) ppusa: rubber band theory??? (04:14 PM) dbphoenix: What you refer to as being pulled too far in one direction, then snapping back. (04:15 PM) ppusa: ok, price travels in waves i guess (04:15 PM) Daniel X: have a great weekend everyone!!!!! seeya monday!! (04:15 PM) laniermasters: lol (04:15 PM) dbphoenix: In fact, you did earlier today. (04:15 PM) ppusa: bye Dan (04:15 PM) ann_87: bye daniel (04:15 PM) ppusa: u mean the 75 point pullback? (04:15 PM) Daniel X: BTW PPUSA you have port 139 open....close it Paltalk: Love PalTalk but hate the banners and popups? Go bannerless! Only $9.95 per year! Click HELP on your Pal List then click 'Bannerless PalTalk'. (04:15 PM) dbphoenix: Don't remember. Maybe you're not aware of it. Makes sense, tho. (04:16 PM) ann_87: interesting the dow found support exactly at 9200 (04:16 PM) ppusa: Dan??? (04:16 PM) ppusa: private chat me Dan (04:16 PM) dbphoenix: Thanks for pointing that out. (04:16 PM) Daniel X: you have a firewall but ur vunerable on 139 (04:16 PM) Daniel X: sorry! (04:16 PM) ppusa: don't understand (04:17 PM) Buffy_04364: bye daniel (04:17 PM) ann_87: new limit in nq is minus 60 and that too is exactly where nq found support with yest's low i.e we did not start to even fill gap (04:17 PM) Buffy_04364: c ya monday for sure (04:19 PM) dbphoenix: Did you do retro today, Ann? (04:20 PM) ann_87: no db wish i had (04:20 PM) ann_87: i am still getting real familiar with every retro move (04:20 PM) Buffy_04364: yes retro should of done fine today (04:20 PM) ann_87: retro did fantastic on catching the reversal (04:21 PM) ppusa: off the lows (04:21 PM) ann_87: i am still trying to see or work out if or how i should filter it or not (04:21 PM) ann_87: so far i think retro is better lol, (04:21 PM) ppusa: i have seen something on retro trades that may help (04:21 PM) dbphoenix: All ears (04:24 PM) ann_87: i am seeing or figured out a bit more today on why it would have been ok for me to take the retro long on the inside bar on 15 min at 2pm (04:24 PM) ppusa: seems like good trades are small bars below or above longer bars (04:25 PM) ppusa: example today's low (04:26 PM) ann_87: i was worried too much about some other things i look at to take it.. ...my error big time (04:26 PM) ppusa: small bar next to longer one was LOD (04:26 PM) ppusa: retro took next bar long (04:26 PM) ann_87: another lesson learned (04:26 PM) ann_87: pp are u speaking? (04:26 PM) ann_87: if so i have no sound (04:28 PM) ann_87: on the 15 min pp? (04:28 PM) ppusa: for what it is worth, that's al (04:28 PM) ppusa: Ann, held low and turned up, good pattern (04:29 PM) ppusa: Orp likes those (04:29 PM) dbphoenix: I'm not quite clear on how retro deals with inside bars. (04:30 PM) ppusa: same thing here...chose to ignore it...going to run, have a good weekend all (04:31 PM) ppusa: no typing (04:31 PM) ppusa: test (04:31 PM) Buffy_04364: NB are good times to watch for a trade pp (04:31 PM) ppusa: hear? (04:31 PM) ppusa: whatever, going to run, bye (04:31 PM) ann_87: pp i think retro actually was able to take the 15 min low of day bar (04:31 PM) ann_87: based on the 2b (04:32 PM) ann_87: pp what do you think about the retro on the 15 min inside bar at 2pm (04:32 PM) dbphoenix: T says also that one should usually take the NRB. (04:32 PM) ann_87: it depends dbp: if he is in a trade long (04:32 PM) ann_87: he uses initial 5 pt stop (04:32 PM) ann_87: and trails a stop on 5 min at swings (04:32 PM) ann_87: but if there is an inside bar he moves stop up 3 ticks under ib (04:32 PM) ann_87: by pp (04:32 PM) ann_87: no (04:32 PM) ann_87: bye pp (04:33 PM) ann_87: buffy i have a router now i.e. i guess it acts too as a firewall.... now i am having problems with sound (04:33 PM) ann_87: any clues what to do (04:33 PM) ann_87: i went to set up and check marked firewall (04:33 PM) ann_87: right dbp (04:33 PM) ann_87: also mike says take all ib's (04:33 PM) ann_87: retro took ib on 15 min based on ib and based on higher low on 5 min at 2pm (04:34 PM) ann_87: and 2b test (04:34 PM) ann_87: i sure there is more info , but i too still don't have every rule down to a tee (04:34 PM) ann_87: wish i did (04:34 PM) ann_87: buffy are you still here? (04:35 PM) ann_87: dbp do you use adx? (04:35 PM) Buffy_04364: yes ann I am (04:35 PM) Buffy_04364: zillion pms (04:36 PM) ann_87: what is that lol (04:36 PM) Buffy_04364: did you check firewall because you didn't have sound (04:36 PM) ann_87: oh now i see (04:36 PM) ann_87: yea i did (04:36 PM) Buffy_04364: private messages (04:36 PM) Buffy_04364: I haven't had any problem with mine at all (04:36 PM) Buffy_04364: maybe the help room can help you (04:36 PM) Buffy_04364: did you uninstall zone alarm? (04:37 PM) ann_87: no (04:37 PM) ann_87: i don't even know what that is (04:37 PM) ann_87: zone alarm? (04:37 PM) Buffy_04364: sorry thought you were running it (04:37 PM) Buffy_04364: before (04:37 PM) ann_87: no i just got networked (04:37 PM) ann_87: so now have a router (04:37 PM) Buffy_04364: yep I understand that (04:38 PM) ann_87: which i guess also acts as a firewall (04:38 PM) Buffy_04364: guess you had no firewall before (04:38 PM) Buffy_04364: right it does (04:38 PM) ann_87: no i didn't (04:38 PM) ann_87: so at first i could not hear (04:38 PM) Buffy_04364: zone alarm is the one most commonly run (04:38 PM) ann_87: the other day (04:38 PM) ann_87: so i check marked it (04:38 PM) ann_87: and signed off (04:38 PM) ann_87: got back on (04:38 PM) ann_87: and every thing worked (04:38 PM) ann_87: today it is no sound again (04:38 PM) ann_87: uggg (04:39 PM) ann_87: do i need to change any other settings? (04:39 PM) Buffy_04364: what is in the last two boxes on port settings in paltalk setup (04:39 PM) ann_87: 0 and 0 (04:40 PM) Buffy_04364: put in 1026 in the next to last and 1027 in the last one (04:40 PM) Buffy_04364: see if that helps (04:40 PM) ann_87: ok and should i then exit all and get back on? (04:40 PM) Buffy_04364: yes (04:41 PM) ann_87: just pal talk or all? (04:41 PM) Buffy_04364: just pal talk (04:41 PM) ann_87: k (04:41 PM) ann_87: brb (04:42 PM) Buffy_04364: hi amer (04:42 PM) Buffy_04364: lots of familiar names still around (04:44 PM) Buffy_04364: if ann comes back soon let her know I will be back shortly (04:44 PM) Buffy_04364: going for coffee Paltalk: Please support our sponsors by clicking on banners.