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Strategies & Market Trends : E-Mini Pit -- Ignore unavailable to you. Want to Upgrade?

To: Walkbarr who wrote (11153)	6/25/2005 7:05:10 PM
From: otherbrotherdaryl	Read Replies (2) \| Respond to of 11288

Thanks for the greeting. I have spent a great deal of time developing and researching study templates in quest of synchronous technical activity. It seems no matter what study combination is used, templates seem to find a way to lose any timeliness qualities from time to time. I have no explanation for this. While I still favor this near term technical approach, I have wandered into studying naked trading techniques. I have never read the first book concerned with naked trading or candlestick trading configurations. This little tidbit is something I found myself, although it probably has been discussed somewhere in the universe. It appears too obvious to only catch my eye alone. img292.echo.cx Using your ES: The lavendar candle body closes inside the blue candle body. The next convincing break of the blue candle body (horizontal lavendar), up or down, suggests direction until the next bb strike. This break should occur 3 to 5 periods from the blue candle. And both lavendar and blue candles should reside on the upper or lower bb. This particular bb parameters are 13/1.7 This setup is not static. If setup(s) are found subsequent to one or another with a signal, the later setup should be followed. I recommend using this during regular trading hours only. I have notes concerning a few variations of this setup. It seemingly works well. But keep in mind the bb is continuously in motion, so only mental stops are appropriate. Of course, other techniques can be added to capture extended price moves. But as a basic naked setup it works pretty good. I will venture onto other boards here. I manage to discover a good idea now and then.