[ezduzzit]

In a nutshell, I looked at and trialed every trading indicator I could get my hands on and mostly found little of value. All those methods based on lagging indicators are a large part of the reason that 90+% of traders give away their money in the markets.

I finally moved to short period Jurik moving averages along with ADX with DMI (though not on standard settings) as my confirmation of momentum and timing of entry and exit, in addition to TICK and TRIN. That has worked fairly well, but hungering for better I looked briefly into market and volume profile. Dual auction theory and all was a great concept but I could see the info and tools available to trade it were rather pitiful until I stumbled upon this TG site we have been discussing here.

I do not trade the ES as I feel it is much too short ranged and cuthroat. I traded the YM but after several forays into the mini Russell I think I have found a home. Despite guru comments to the contrary I have found the mini Russell to provide the best bang for the buck at least during current periods. Your execution has to be good and you can't be timid, but it often trends better and smoother than the other two and it is hard to complain about the monetary returns either.

In my own trading I focus a lot on pivots and other S and R points that develop throughout the day and frankly, I learned more than anything else from a little method called Pivot Magic before running into market and volume profile ideas. At best, I would consider what I have been trading with as "moderate" probability trading, whereas what I have seen a glimpse of now which seems the real "high" probability trading. I don't want to say much more than that until I have had a chance to look into it further.