Recent content by Kiwiboy

curious as to why you didn't take the short just after 8 am PST? i'm not bragging that I took it or anything (cos I didn't), but it seemed to meet your entry criteria and def had confirmation from MACD. Thx KB

which High & Low? - are you talking opening hour High & Low here or previous day's? Thanks!

oh yeah...obvious innit!:eek: - thx Fast!

why would the margin requirements at IB be so much more higher for Dax as opposed to ES (twice as much)?

Isn't the optimum time for entry as soon as you've established a trend? For me, the timing of the 2 are the same. Thx for the tip on the P/S/R - I'll have a look. I know the calcs for the floor pivots - but are they based off the ES high/low/close as at 4:15pm the previous day? if not as at...

hi sulong, yeah, as ever the entry's the trickiest part. i keep an extra close eye on the shorter 3 period SMA for entry, coupled with 2 bars in a row of the same colour. that first possible HL painted at the 10:35am and 10:40am bars is a little suspect as the 3SMA is definitely down which...

see attached

As expected low volume, low range day.

I have enjoyed your journal a lot so far and will keep up with it with great interest, esp as you’re now changing your system somewhat. I feel I have some similarities to you in that I too once traded a 5/10 minute Stochastics/MACD based system (as a result of following Austin Passamonte from...

i think (hope) that version77 is directing his comments solely at porgie here. blb078 has added an extra valuable angle, and has been decent enough to post some narrative and a graph on his entry details. porgie keeps coming in with advice for kserra to change this and that but with nothing...

Can you have an IB account without depositing any funds? If Boomer wants to just follow the market, he may not wish to be wiring minimum $2k. I know that in IB's account set-up, they ask you for expected payment method (amoutn you're intending to wire in, Bank, branch) even before they review...

i guess it's cos I'm not comfortable with the amount of chaos you see in that 1st half-hour some mornings. Also I need some opening levels to work off of. I'm not too au faire with the pivots or S/R in general. I prefer to just sit out the opening and let it give me my OH & OL. Actually, the...

Here's today's graph attached. I've gone to 5 minute to help with entry, with assistance from a 1 and 3 minute to try and anticipate where the 5 minute candle is gonna end up. Pretty good day to trade the trend, patterns easy to pick even on the 5 minute.

and the previous higher low (from 12pm) wasn't taken out anyway, so why SAR?

This is exactly the problem - getting an entry point when using a 10 min bar. I'll try the 5 minute from here, and keep a 1 and 3 minute to try and "anticipate" the 5 minute. Thx KB