I made a video showing how you can possibly filter down the PattyB signals via the bead reader on a very fast @ES chart. I only looked at today’s data, so more research is needed.

Also, I thought I was going to capture a “live” trade on ZG tonight, but a surge of volume drove gold crazy, and ruined the opportunity. Still, I’m not going to go to the trouble to put my headset on, and then not post the video! Quantity over quality every time.

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I love gold.

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Gold gold gold. We love gold.

I don’t know why, but gold trades smoothest around 7AM central time. I normally wake up at 7:45… hrm may need to change my sleeping habits slightly.

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8 Futures trades, including my very first gold (ZG) trade. Now, I’ve traded ES, YM, EMD, and ZG. Pretty neat. Anyhow, I’ve started keeping my eye on trend channels. I was thinking about how the box play works, and I started wondering about other geometric approaches to trading. I started reading this humongous elitetrader thread, with a methodology built on top of trend channels. Not sure what I think of it yet, as it seems to rely on extremely early (almost psychic) detection of turning points… we’ll see.

5 wins and 3 losses…. not bad, but I’d rather have 6 wins and 2 losses… (of course I’d rather have 8 wins). I found the markets to be pretty unruly today… in fact, one thing that made that crystal clear was that I had to keep widening my trend channels to accommodate all the volatility. The trends weren’t changing direction very often, but getting wider instead. The dreaded “broadening” formation. I hate those!

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