Thanks Silverter,gio and taj for the feedback in the thread over here . I'm following along and see now how powerful the reversal bars can be . I went short at 1300 est , I see a reversal bar at 1255 and the 1300 bar closed lower , I took off 3 pts on the 1st car and am letting the rest trail , thanks for the insight .

Eric j 

Thanks Silverter,gio and taj for the feedback in the thread over here . I'm following along and see now how powerful the reversal bars can be . I went short at 1300 est , I see a reversal bar at 1255 and the 1300 bar closed lower , I took off 3 pts on the 1st car and am letting the rest trail , thanks for the insight .

excellent trade, very well done. not sure about the reversal bar. I might look at a reversal bar different than others. for me a bearish reversal bar has open and close on the lower part of candle. I like to take these kind of trades after an up or down move with increased volume. perfect example is at 11:25. down move with high volume and then bullish reversal bar. these are good indications for me for a trend change.

Eric j 

Thanks Silverter,gio and taj for the feedback in the thread over here . I'm following along and see now how powerful the reversal bars can be . I went short at 1300 est , I see a reversal bar at 1255 and the 1300 bar closed lower , I took off 3 pts on the 1st car and am letting the rest trail , thanks for the insight .

ur welcome,

buyer at 1073.75 (1073 is harmonic octave) - risk reward sux but what the heck, came to trade

Got 6.5 pts on that one , the 1210 I cut loose for a loss on a bullish looking reversal .

Eric j 

Got 6.5 pts on that one , the 1210 I cut loose for a loss on a bullish looking reversal .

just for grins - try this lil trick next time when ur fixing to put on a trade and looking for support or where to get long

using fib 1.272 u can find an isosceles triangle (gann crap)

use ur fib extension time tool thingy and anchor from previous low to swing high and find square time of fib 1.618

and also use ur fib extension tool thingy to find price square from the same pivots (u just created an isosceles triangle and squared price and time - how bout em apples)

price is going to have a tuff time getting thru this level - it cud happen but its going to be real tuff

some guys call this a fancy name such as harmonic trading but down here in the farm we just call it horse trading

Trying long 1075.75 . I see 1410 est as reversal bar at LOD and 1415 closed higher .

stop 1072.25

Closed it out with pocket change

one last trade. good example for bullish reversal bar with higher volume. unfortunately missed target by 1 tick and then stopped out at + 4 ticks. not complaining, win is a win.

Eric j 

Closed it out with pocket change

nice try tho

i still got a few trailers left but it aint looking so hot right now

stop at 1072.75

friggin bears (hate em bears when im long)

Trying long again 1077.25 stop 1074.75 . I see 1435 as reversal bar and 1440 closed higher .