[james_gsx]

Abe on that trade, you should have waited for the breakout on the short side then gone short. I've found that works extremely well. You see those 4 candles all making lows at the same point, you could have setup a short once that was broken and you would have had a 30pt gain instead of a 3 pt loss. Just an idea.

[AbeSmith]

Originally Posted by james_gsx »

Abe on that trade, you should have waited for the breakout on the short side then gone short. I've found that works extremely well. You see those 4 candles all making lows at the same point, you could have setup a short once that was broken and you would have had a 30pt gain instead of a 3 pt loss. Just an idea.

That would have worked. The one minute chart is trending nicely. Possibly an end of week sell off is a big part of it.

[james_gsx]

Alright, TRIN finished above 3 so there should be a nice bounce come Monday morning. Hope you all did okay today!

[AbeSmith]

My trading summary for today:

5 roundtrips. -2 points. Realized loss -31.30.

[brownsfan019]

Originally Posted by MrPaul »

Just click the dot to select volume and type in "5000" or "7500" that would be equal to every bar printing when 5000 contracts have been traded.

Brownsfan has an excellent thread on VBC's

Abe - MrPaul has it. There is no 'right' setting, but I am using a 5000 setting with the ES. And that can be fast, but if you like the 1 minute, perhaps a setting similar on the YM would work. On the YM, I would look at 500 or 1000 and just SEE how it LOOKS. If it looks too fast or slow, adjust from here.

IMPORTANT NOTE: You need to place your cursor on each candle to see when these candles printed. In a fast moving market, you could see candles printed in 15 SECONDS! Wow, that's fast! But, that's the point - you want to get into quick moving markets as quickly as possible and not be standing by watching.

As MrPaul said, click here for the thread on VBC's.

[AbeSmith]

Originally Posted by brownsfan019 »

Abe - MrPaul has it. There is no 'right' setting, but I am using a 5000 setting with the ES. And that can be fast, but if you like the 1 minute, perhaps a setting similar on the YM would work. On the YM, I would look at 500 or 1000 and just SEE how it LOOKS. If it looks too fast or slow, adjust from here.

IMPORTANT NOTE: You need to place your cursor on each candle to see when these candles printed. In a fast moving market, you could see candles printed in 15 SECONDS! Wow, that's fast! But, that's the point - you want to get into quick moving markets as quickly as possible and not be standing by watching.

As MrPaul said, click here for the thread on VBC's.

Thanks Brownsfan.