Recent content by NoEmotions

thx all fpr replay... For daytrading... The reason I like DJIA candlestick chart is because of less noise.... I thought if I can reproduce price candlesticks of DJIA with some instruments then I can take advantage of less noise to apply even tighter stop losses. With DIA, e-mini dow etc...

I want to trade candlestick chart similar to DJIA ( no dividends ) ...as day trading or max overnight tading..... so I really don't care about dividends included in price calculation. I am thinking I will need to enter./exit all 30 dow stocks at the same time. what formula can I used to...

What I mean is I understand DJIA technically using candlestick bar charts and not fundamentally. My fundamental knowledge is weak but I understand candlestick of DJIA pretty well. All I want is somehow I replicate that candlestick chart ( e.g. say daily candlestick bars or even intra day...

I have been watching DJIA index for quiet a long time. I think I understand this chart well. My issue is I understand DJIA cannot be traded. The problem is DIA daily candle chart is very different then DJIA daily candle chart. Even futures chart is different. Is there anyway I can...

Yes so far I concentrated on trending and reversal signals overall , new weekend task to identify channels and run atleast visual backtests ... shit i am busy next 3 weekends I hate this EDIT: I have a mental block , cannot trade unless I have backtested. I treat my SIM acct as my real acct...

price actions does not look good to me but it did respect the 87.27 resistance...

InvestVision, sorry for my lack of knowledge, if possible can you please explain what you mean by "5 MM build up" did you mean crude inventory report 4.84M

lessons learnt thx.

Exit for 1 tick Tried Break Down trade but instead of 86.40 selected the wrong price 86.29 , lost 10 ticks in that failed BO trade.

long 86.52 10 tick stop, 20 ticks target

before I started trading SIM I made a rule, trade only while trending and avoid choppy sessions. I think half the battle is won by avoiding choppy sesssions. Glad I am following that rule. I am also thankful to this thread that we share current market action status which helps confirm and...

This is a time to test my patience

price action not looking good to me

SIM over confidence got me Net = + $ 723