Hi all, I've trying to develop this tool in Excel to monitor volume activity ... not just for Dry up stocks but for other stocks in my watch list as well....
I have two screens:
1) A volume monitor that uses IB real time data feed to monitor volume on both dry up and stocks in my watch...
Hello, I'm planning on start trading e-minis soon and was wondering if any can recommend a simple and reliable order entry front end for IB...
or, should I just use TWS instead?
Your opinion is appreciated. :(
Thanks Spyder... very valuable advice. I have to work on keeping my stops... I'm limiting myself to a maximum risk of $ 200/trade from today until the month end. I'll re-evaluate at that time.
:( Lucky you spyder... lost over $ 2000 today, way more than 1% of my total equity ... I have difficulties keeping tight stops... have to work on that.
Just wondering if anyone here relies on the "Fan Principle" as described by John Murphy and other authors. I've been playing around with it's quite effective at pointing trend-reversals in almost all time frames...
Please let me know if you use it or have any extra material that I could read...
I've decided to short the QQQQ here today. Charts are very big... please provide your comments - I'm always willing to learn.
I'll be posting a set of 3 charts (Long Term View, Medium and 60 minutes).
Here's the first chart