Recent content by parttimetrader

HispaTrader, Have you tried using Fibonacci retracements? I've noticed that often the retracement levels are spot on.

Hi persama, As you're using this as a trend continuation pattern, what method do you use to determine if a trend is in place? Just a simple moving average or something more complicated?

I want to setup a chart with a couple of moving averages of $TRIN. I want to only have the moving averages displayed and make the underlying data ( $TRIN ) invisible. Is this possible? If so could someone point me in the right direction? I'm using advanced charts.

Great. Many thanks.

Can anyone who has developed a trading systems using the eSignal EFS language comment on the following; 1. Would i be able to access multiple time frames. E.g. i could code a system that required access to hour bars and 1 minute bars 2. Can i apply an indicator to to another indicator...

You're right, they probably wouldn't as you're seen as over educated for the job :)

I think this time around MSFT is going to get the Xbox2 to market quite a bit in advance of the PS3. Will be interesting to see if they can get more market share.

It's enough to day trade a futures contract like the eMini S&P but you'll loose it all very quickly unless you have a proven strategy with good money management rules.

SethArb, When you say adding more indicators do you mean looking for confirming divergence in additional indicators like advances / declines?

Yeah i guess the market conditions that don't work for me are great for others. Maybe i should have a system for choppy conditions also. The system i'm working on is an automated program trading system, so it always has bracket orders ( stop loss & target ). I'm just trying to filter out bad...

Thanks for the info. I'll give the directional volume idea a test. Are you using an indicator from a data service or calculating it yourself? I tried a similar technique with the TICK - trying to avoid trading when it was just floating around the zero line but i think the volume method is better.

Probably trader with huge resources wanting to make a load of cash. I haven't seen the chart but my guess is that it happened near a swing pivot. Probably took out a load of stops and then drove the price back up. Happens all the time on NQ

Hmm, seems the special was bad as they came back and sold :)