Recent content by prox

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    Poker and the Beginning Trader

    Worst cards I'd go would be J9 suited, Q9 suited, 7 6 suited, 10 9 off suit. Maybe even a 7 5 suited if in the small blind or on the button. On a flush draw, Kx .. again all these would be in mid late to late position or discounted by blinds. If I'm first to act, I can't risk being raised...
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    Yawn

    Pfft. That's believable.
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    Is this par...

    Very good, I think I lost about 22k my first year and it could have been worse.
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    Did The Market Close.13:17

    Are you watching the old contract or something ?
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    Say Hello to Triple Witch!

    My vague (probably flawed) interpretation is: Contracts are being exercised, large money hedgers are switching to the next contract so they have to liquidate their existing contracts. Therefore, it creates some false type of moves.. for example, large money shorts covering their positions...
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    Calc Pivots Using RTH or Full Session Prices??

    Regular day session hours H+L+C /3 is the only one you need to use.. I've spent months comparing all the other variations including afternoon recalculations. When you're looking too hard, you could throw any number up there and some sort of reaction confirmation will probably occur there.
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    IQFeed / DTN.IQ data quality

    I have not noticed any spikes at all with the ES and IQFeed , though from your charts - there does appear to be a severe problem there. I can confirm that DTN does lag regularly when the market becomes very very fast , but I'd imagine nearly every feed suffers from this.
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    I'm going to start buying here, what do you think?

    Yeah, true.. it's a big support area, but taking out the prior pivot for the first time in ages isn't a good sign for any long. Still, I'm looking for a range until weekly shows me signs of weakness.
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    I'm going to start buying here, what do you think?

    Well, good call then.. it did hold this morning where I was looking for support, even formed a bullish divergence - but that's trading.
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    I'm going to start buying here, what do you think?

    Well, that last swing low was taken out convincingly... so, this bull market looks to be in jeopardy. Yikes.
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    S&P about out of gas?

    From experience, it is going to take a lot more than 1 week to turn around a 2 year+ uptrend. Even if it is "the" top, a more likely scenario is a prolonged trading range where the bulls become discouraged and give up. time will tell, but for your sake.. i hope you're right. some people...
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    Weird connectivity issue

    Are you using Bracket Trader or a similar front end ?
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    What Tick chart do you use to trade ES or NQ ?

    There is no magical number, but approximately 100 ticks is close to a 1 minute chart. No, there is no logical reason to use a fibonacci number tick chart .. not sure why so many people use them.
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    I'm going to start buying here, what do you think?

    Right, we're nearing that prior swing low on the daily and if that fails to hold.. then the entire complexion of the bull market is in jeopardy. This area should make a stand out of respect of the past 2 years or die trying.
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    Self Taught or Mentored?

    The paid mentor , trading course garbage leads one to question their legitimacy as well. If they can trade well, why would they spend many hours answering to whiny questions for a (relative to trading ) trivial amount of money? I roll my eyes if I hear that they "want to help people win"...
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