Search results

Some people fish with depth finders and others go with what they have learned. Indicators can assist to see price action that one may not be trained to see, yet, with the naked eye. If it helps, by all means use it !

I recommend IB advertising that Mobile Trader is not available for Advisor accounts. I found out the hard way AFTER purchasing all of the wireless handheld equipment and services.

On 7/29/05 I see a 25 point gain on YM. The system results at the web site show a 2 point gain.

A follow up to a post by Easyrider and Duard: Summertime is definately in full effect. Some traders that I trade with who have lost their ass all year trading reversals off of resistance/support have been racking it up recently. Me, catching new trends in breakouts went in to a flat...

I see the short signal too. 12:57. Would have stopped out.

Hi Sunnyskies, I'd like to reply to this, but I'm not really sure what you're stating or asking.

update to 5m YM

YM 5m update with targets shown

chart

YM 5m

Any one still wondering about useful ways to use trend line ?

There are no traders who don't use stops. Every trade has a point where you will eventually get out if it goes against you. This is your stop. Otherwise you are just gambling your entire account on every trade. Now, I have seen many traders who do not use the same percentage...

I do not look for a specific lot size. I have just gotten a good feel for it after watching for a few years. It is really hard to describe in writing. Pace is probably one of the most important clues. Then there must be several contracts going off at the breakout price and pace must keep...

The number of contracts is relative to the market. This type of irrational move CAN occur on almost any market. No matter how "serious" of a trader you are, you are subject to this possibility in many markets. With keyboard or mouse entries, we're all subject to errors that can occur...

This has happened on ES too, FYI

I can understand a large market order eating up supply but yesterday there did not seem to be a large order. Price fell on just a few contracts per price. And, how does it skip huge price increments ? Jumping over 30 points per trade at times. Attached is the time and sales from today.

Well, as you know, I just started trading with this method a couple of months ago. So, I have not tracked the win %. I can tell you that I am winning much more than my other method. It is probably about 65% and being that it is a breakout method, the risk to reward is good when letting...

I don't get it. I have seen this before with some size, but there is no size here. I checked my Time and Sales too and it looks almost the same as the one you listed.

I watch Time and Sales. Once the level is being passed that I need price to pass I look to Time and Sales to confirm the move. There should be size and pace pick up. Like any Tech Analysis, Time and Sales is used in confluence.

Well, this trade was not too pretty of a set up. I like nice contracting candles and then increased volume on the break out or a candle that closes at the high of the candle and right on the trend line and then increasing volume. But with this one, there were so many touches on the trend...