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Sure: double click on the indicator pane to bring up the Indicators menu Go to lower indicators Select Horizontal Line Move it in the right hand pane to be below the Full Stoch entry using the arrows Edit it and set value to 50 Click between the black dots on the left to link it to the...

That's not possible :p Could you share your debrief and estimate how many points you would make if you eliminated errors e.g. "washing" for a loss rather than 1 tick, entering late, not reversing etc.

Yes: BOT 12.01 Paper trade only though. STEC;BOT;500;12.01;10:25:32EST;20070116;ISLAND <img src=http://elitetrader.com/vb/attachment.php?s=&postid=1328764>

If you're tired of looking at the ES, here's a nice DAX move from Thursday following a FTT which shows the PV relationship. I was monitoring at the time and yes, I did push the button in that cyan circle: <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1326658> Note: at...

This is too cool. :cool: Thanks everyone. Enjoy the long w/e.

Jack thanks for the detailed response. I've further snipped the snippet and have a question about the 4th bar shown. This is a ftt and PRV is declining. The bar closes at its high and higher than the previous bar, which may be significant. BUT I could easily undertand a decision to...

Excellent example to focus on. In terms of sequences, we had peak volume ex-post (long), price continued for another bar (momentum, 2nd chances to reverse / exit long) BUT we did not see R2R, so any short following a reversal would need further confirmation or be quickly cancelled. Open...

Hindsight Analysis I appreciate Spyder has asked that we do not push buttons yet and simply observe. Please indulge me as I break his rules while it is still fresh in my mind. (I simply do not have the concentration necessary to follow the bars unless I have something on the line - even if...

ES 12 Jan Hard work on simulator. Looking forward to the time when mistakes only cost me 0.25pts max.

Very useful post, thanks - it sets out the mindset to get in the groove: recognise you made a mistake and CORRECT it immediately. As Shakira has been known to say: "So be wise and keep on Reading the signs of my body And I'm on tonight You know my hips don't lie And I'm starting...

Top quality post. Beautiful isn't it?

This is the right idea as the conventional front door approach is clearly not working for you. e.g. you might apply to be Ed Seykota's trading and programming assistant out at Lake Tahoe: "I sometimes have space for an apprentice who wants to work hard in exchange for room and board."...

I'm confused. MACD is a function of price. So any levels you use must scale with price. What does MACD Histogram > 0.4 mean? Using MACD(5,13,6): MACD fast line = 5EMA - 13EMA signal line = 6EMA(MACD fast line) MACD Histogram = fast - signal All of the above scales with the...

Thanks, that's helped my understanding enormously. The exchanges explain all this on their sites and you prompted me to check them out. :)

The 0.4 refers only to the ES futures (it is an absolute measure of divergence not a relative number so it has to be scaled for the price of the instrument in question). [please correct me if I misunderstood.]

Thanks that makes sense, the new limit orders at best bid are the remainder that weren't filled at the best offer. This probably prevents cascades running out of control at the exchange - a sort of dampening of demand to create an orderly market. But if you place a market order you want to...

Thanks MAK - I was beginning to regret posting. Yes. What I was getting at above is that if the demand for longs falls, supply of shorts will begin to run out. This is the bit I still don't understand - is the exchange holding the orders back, so they appear on the DOM as limit orders...

Interesting discussion. I'm quite new to this so I have not observed the DOM in all market conditions. There does seem to be a lot of confusion about what the DOM shows, however. Price moves due to imbalances in supply and demand (does anyone disagree with that basic premise?). As I...

Yes you are correct - the yet-to-be-drawn TL was touched momentarily before price reversed like a bat out of hell as I recall. I'm not sure anyone would have had time to actually draw in the TL and act on it - but nobody says you have to draw them in first if immediate action is required...

<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1314050> Spyder's annotations are really clear and show that anyone who was short going into the 10am news bar should prepare for a quick reverse (and it had better be quick!) Price is approaching a carryover TL (long), you...