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Bonds 3min 090803. The Floor Trader Method
9/18 ema determines trend. This was a great day for it. The
9/18 offered entries and look at all the pullback (retracement) entries.
The 9ema stayed above the 18ema all the way up and below it all the way down.
You could of held for the whole trip both ways with runners. Add-ons
were everywhere. Every time price pulled back into the 9/18 zone
trigger at HH for long or LL for short, what I refer to as a 1-2 setup..
More aggressive market in the market or market at 18ema or 9 ema.
Without indicators on the chart it is easier for me to see the slope =
momentum of price. So it becomes an on the fly decision to sell
the 9ema pullback instead of normal 18 ema pullback. This is done
by judging the market personality. Basic mini retracements with add-ons
or reentries on price action (buy the HH and sell the LL) would work
fine. The basic
price technique explained in The Floor
Trader Method did just fine. The price bars are colored by Jimmer
stochastic and I have included the elds here for download. JimmerUP
eld txt
JimmerDown eld
txt
. Also thanks to Vanier here is the ATR65% eld
txt . |