Comments on: Structure your Entry, a suggestion

By: Stephane

Stephane — Tue, 06 Mar 2007 12:01:25 +0000

Good point Gav. This method would not be applicable for stocks since it does not allow for an easy screening. This is the reason why I limit my trading to 5/6 futures markets.

By: Gav

Gav — Tue, 06 Mar 2007 00:49:05 +0000

@Richard: I guess it is a little bit easier for futures trader to apply this method since we are focusing on a limited number of contracts. I certainly understand how tough it could be when you need to flip through a list of stocks.

By: Richard

Richard — Mon, 05 Mar 2007 17:36:44 +0000

I also latched onto the triple-screen idea after reading Elder’s books, but wasn’t able to make it stick as part of my routine. I use two timeframes instead of three, partially because I don’t have enough screen real-estate for three, and partially because glancing at three charts slows down my reaction time. But, it’s a similar concept, and I do think it keeps me out of trouble (keeps me from buying right as the stock runs into long-term resistance, for instance).

By: Gav

Gav — Mon, 05 Mar 2007 09:39:24 +0000

Thanks Stephane. I really like to read your trades. Keep it coming. And , of course, have a great week ahead!

By: Stephane

Stephane — Mon, 05 Mar 2007 09:25:20 +0000

Very good post Gav !! You know how to explain clearly your trading concepts and I can only confirm that your description fits well my own Swing Trading. Have a great week !!