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5/12/21 +2 ticks (+$42.4 after commissions) Thought the opening setup was going to be similar to 5/4, with a bounce down off VWAP

The opening trade on 5/4 was a loser, but the 2nd trade made up for it and ended the day up. Methodology: Automated trailing stop loss 1 tick below/above previous bar Only enter trades after 8:30am CST open Stop after the first winner, or two consecutive losers. Skip the day if there's no...

5/11/21 +$1,075, 2 contracts Great day! After a strong start to the month, increased from 1 to 2 contracts today. Looking for the same opening trade setups Today came 1 tick away from being stopped out, but it reversed for a great start to trading 2 contracts.

Elite Trader members - Get 3 months free per year VPS allows you to reduce your trading latency, optimizing fills, and reducing slippage. Designed for running critical applications 24/7 - Never loses internet connection Connect to your trading setup using any device, Mac, iPhone, Android...

I believe Das Trader servers are in New Jersey. I can let you test on our NY VPS to see if it works for you. I'd expect the latency to be ~20ms. If Das Trader has servers in Chicago, our Chicago VPS is <1ms. 99.9999% uptime, designed for running critical applications 24/7 Let me know if you...

I'm a bit biased, but I recommend a VPS to trade from because it allows you to take your entire trading setup everywhere you go, and on any device. For example if you're at your full time work, then pull up your trading setup on your phone.

Forexfactory has a calendar of upcoming economic events, and can be sorted by expected impact. https://www.forexfactory.com/calendar

Data is king. If your data provider allows for it, it is a good idea to data warehouse everything you can.

5/10/21 Quick breakout scalp at open for +$87.5

@oraclewizard77 I have a customized version of it, but you can download the original from the NinjaTrader Ecosystem here: https://ninjatraderecosystem.com/user-app-share-download/ninjapriceaction/

@oraclewizard77 Something like this?

@oraclewizard77 Since NT7 does not have attach to indicator functionality, you could alternatively replicate it with custom code, but it is going to be a lot more coding. The built in stop strategies with ATM are just a fixed amount to trail by, whereas attaching the stop to an indicator...

@oraclewizard77 I don't know if it works with NinjaTrader 7 because as far as I know, the attach order to indicator feature is only for NinjaTrader 8. When you right click on on a Stop in NinjaTrader 7, do you see these options for "Attach To Indicator"? Here's a blog post from when the...

5/7/21 No trades today within 30 minutes of open The reversal right after 8:30 was too strong without any pullbacks for abc entry Probably a Strong Accumulation Up Day

Nowadays very easy to make conversation in the lumber aisles oh Home Depot and Lowes.

ARKK vs SPY not looking so great. Anyone know their leverage?

WOOD is looking good!

5/6/21 +16 ticks, $200 Started adding A, B, C text tags on charts to help show the reason for entry Entry was a sell stop limit 1 tick below B Today a lot of profit was left on the table from the exit strategy, but other days it has helped. Not sure if there is a better strategy here...

I get the impression it is from real demand for lumber and supply constraints at sawmills. Here's a recent WSJ segment covering the topic. Sounds like raw timber prices haven't changed, and all the extra profit is being made by sawmills. Lumber futures are too thinly traded, but it looks like...

Lumber futures space is dominated by a few large players and liquidity is very thin. According to Tom McClellan, "The lumber futures market is not agreeing with the price rise which the traders in this market are themselves undertaking. If this was a legitimate up move for lumber futures...