Dryfess.  Thanks much for the prompt reply.  Now I see where you are coming from.  No charts needed, your explanation and trading style is crystal clear.  Everything you said makes sense.

I never did ES contracts, but still have access to level II.  You have piqued my interest once again.  Will fire-up my old candle and stochastic program and take another look Tuesday.  It must be nice to have all that software.  Congrats to you and your group for developing it.  I believe we have some day-traders here and you will be getting more than a few questions.

Incidentally, don’t worry about the bigblock thing.  Most of us are in bb overload to varying degrees.

Welcome aboard again Dryfess and thanks for offering to help.  Actually, this post was started about five hours ago but was continually interrupted by “Honey, how do you? Could you show me?”   If I day-trade again I’m going to sound proof this room and put a lock on the door.

Go Lakers!

Jack

Dryfess  you said

“……we continually back test as the market changes. Some patterns seem to work well in certain markets and require very few changes.”

I’m always open to new ideas and have a few questions for you.

1. How far back do you backtest?  Assuming there is a higher low three bars ago, and also at 10 bars and 30 bars ago.  In other words days-weeks-months-years???

2. Do you use other indicators for verification?

3. Does volume effect your decision?

4. What patterns do you look for?

Perhaps you could post a typical chart and give your views.  It would be most helpful even if it does not apply to the current market.

Although giving a link to your trading friends blog may not be allowed by the moderators.  You could give it a try in separate post.

Thank you for joining the Worden group and any help you care to contribute.

Jack

SELLS:
1- F
2. UPS
3- PETM
4. TTM
5. WU