I think i will create a new indicator, its going to be called FADE THE EliteTrader ''Experts'' (FTEE)
this indicator will scan elite trader in real time for threads like this one, and automatically buys or sell for you, going in opposite direction than the expert forecast.
more new highs, thanks for the buy signal batman, i can send you some money if you need it to take the bus back home. seeing how your short is getting killed.
I dont give a rats ass what europe and asia are doing. I react to what i see instead of posting shitty ''HO NOES WERE GOING DOWN'' posts that fails to materialize, enjoy your short being eaten alive while the markets are making new highs and my long from midpoint is working just fine. you should...
I believe that was it, your slaughter was a 10 pts drop from the high on ES, nothing tp worry about, the bounce on the midpoint was actually a superb place to take a long.
esignal can do that no problems, there is a ''stack studies'' feature that you can enable when you right click on the chart, with this you can browse through different sets of indicators of your choice
grinding pennies? I must be living in some kinda parrallel universe because the best traders i know are grinding tics on the ER and are averaging 150tics a day easily. Id like to be these guys
jack hersey's SCT has 99% win rate and you can make three times the intraday range. id look into that if i were you. I would trade it myself but i believe i dont deserve to make that much money.
you might want to look into divergeances with those double tops and bottoms you wanna trade. If when the prices are heading for the high or low you want to fade, watching for a diver on some oscillator (like the 20 period cci for exemple) might put the odds more in your favor.
If you want a moving average that doesn't move, just use a freaking KAMA (Kaufman adaptative moving average)
It goes flat at the slightest hint of slowdown
When the minutes came out, indexes went up a tiny bit
the sheeple : ''OMG GUYS THEY CUT THE RATES 2 WEEKS AGO BUY BUY BUY''
then after a few minutes it went down
the sheeple : ''WAIT A SECOND GUYS, WE KNEW THAT ALREADY, SELL SELL SELL''