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    help on excel capturing Hi & lo

    Does the last hi always equals hi? If so, I might have a solution, otherwise it is not possible due to circular reference. Not sure even if VBA will be able to help.
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    A trader's market reflections

    I enjoy reading your posts but you don't have to post the same stuff again and again in different threads.
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    Why is this market selling off AH?

    Maybe it has something to do with the homebuilders. The news of the missile attack just made it worse short-term. I remember after the London bombing, the market was down huge but managed to rally and move higher in the next weeks. The last few day's action look very similar to the week of...
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    Why is this market selling off AH?

    ES 1433.5 NQ 1800
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    Daytrading Retracement Strategy

    Sell-limit: 1442 Stop: 1447 1st. Target: 1434.
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    Daytrading Retracement Strategy

    What a way to start!!! Loss of 8.25 pts. After looking at previous days, I noticed that the times when these retractments worked well is when your orders get executed before noon. Since this is testing, I'm going to include this in the calculation but in real trading I don't think I...
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    Daytrading Retracement Strategy

    Sell-Limit: 1441 Stop: 1449.25 Exit at close.
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    Daytrading Retracement Strategy

    Momentum indicators are a result of price. It is hard to tell whether a market is trending or not till after the fact. Let's see what the results look like in a month. I haven't done any back-testing yet, so I do not know.
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    My biggest lesson...

    Michael: You seem to mention cup and handle formation. In classic TA, doesn't the handle form near the resistance. I think it is not valid C&H formation unless SP goes to 1460 first and consolidates near the resistance for 3-4 weeks. Then the break-out will be very strong.
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    Daytrading Retracement Strategy

    If anyone has done any similar testing, please feel free to contribute.
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    Daytrading Retracement Strategy

    One thing that I have noticed by going over several day's charts is that it is better not to use this strategy if the market opens at the absolute high or low. Most of the retractement that have turned into a reversal are when the market opens at the high or low of the overnight session...
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    Daytrading Retracement Strategy

    One other thing that i'll like to test is the difference in profits/losses by adding one more filter. For example, if we get a long signal today but got stopped out, then on next day we'll take a short signal only. I want to see if that changes the profit/loss. I think it will because we...
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    Daytrading Retracement Strategy

    For example; For Friday 3/23. Overnight range: 1443.75-1448.5 Morning range: 1444.5-1448.5 ES goes to 1451 at 10.05est. 50% retracement = (1443.75+1451)/2 = 1447.375 = 1447.5 which is within the morning range. If this number was above the morning range, we'll look to buy at 25%...
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    Daytrading Retracement Strategy

    Okay, let's test something real-time for a month and see how the results will be. It is a retracement strategy. The strategy is to buy at 25% or 50% of the range. Basically, in the RTH when the market breaks-out above or below the overnight range, buy at 50% retracement with a stop 1...
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    Bull trap in the making?

    GROW had a big short interest. It was one of the high-fliers before the correction. When we saw a short-term bottom and stocks started moving up, the previous high-fliers with heavy short interest are the one to make huge gains. I have a screener on yahoo where I have screened for stocks with...
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    e-mini Dow

    Tom: Go for it. Don't let the naysayers come between you and your dreams. Understand that a faint heart never won the fortune or the fair lady. Who cares about preparation, risk management, viable system and emotional well being when your will to win is so strong. But if I were you...
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    Bull trap in the making?

    Went long QID at close. Stop will be close above 1441.
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    Bull trap in the making?

    I was looking at the exact same chart too. I'm still long-term bullish but I would like to see the market go down to 65W MA to be 100% long. The recent high in bonds was in the last week of February, so I'm expecting the market to start its decline soon. High yield bonds broke their up-trend...
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    Bull trap in the making?

    SP could close above 1441 tomorow and it could go over 1441 on Monday but as long as it does not close above 1441 on Monday I'll stay with my shorts, otherwise I'll cover.
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    Bull trap in the making?

    I think we are going to close higher tomorrow. On Monday, if we manage to close higher than this week's high, we are going above 1460, if not we will re-test the low. I'll be shorting tomorrow's close and will cover if we close higher on Monday. It is surprising why the bonds were down...
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