Search results

God I hate this freaking site.. 2 days now their charts have been down.. And it cost me money on Friday.. you think they would have it fixed by the end of the weekend.. These guys are ridiculous.. They have to be the worst charting software for reliability out there... and their...

In2win, Thanks for the encouraging post.. I do repeat the same self defeating patterns over and over.. and am trying to overcome it.. very hard.. I know what I need to do to succeed in this its just a matter of doing it.. Can I ask.. what/how did you finally get past the self...

Traderkay, What I meant by "as easy as reading price action" was that there is no need for any fancy indicators or complicated calculations.. Just mearly watching the price action to determine.. In no way am I trying to say that predicting price movement is easy.

Hey Fast, Thanks.. how do you use the TRIN exactly?? Would you mine explaining??

Looking for advice on how to distinguish between trending and choppy days.. Days like today kill me.. Anybody have any good suggestions.. Also, looking for advice on how to tell when a choppy day may be coming.. and also when the market is going to break out of a range.. This is...

Can someone please attach a 5 minute candlestick chart of the emini for today's action.. It its not a problem would like to see a 40 period exp. movg. avg. with it.. but not a big deal.. Thanks in advance if anyone can do this..

I see it now.. right different levels.. when I think of a pullback I think of one such as the one that ended near July 21st on XOMA.. much smaller than the ones you are looking at.. Thanks and good luck.

Ctrader, Can you explain something to me.. In your #1 statement you are saying to buy stocks that are in an uptrend that pull back and looking like they want to continue up again.. this is not verbatim as you can see. but with XOMA.. a daily chart shows that its in a downtrend from...

Thanks for the chart Breakout, yes I made a typo.. I said fast line is %D.. I meant to say %D is the Slow line..

dp, Thanks.. My 5 min. chart looks like %K made the same low basically. My settings at %K 21, %D 14..

In stochastics when referring to divergence.. lets say.. like this morning in Emini sp.. Price makes lower low at 12:15 est.. Now when they say price makes lower low and stochastics makes higher low.. thats a divergence and a buy signal.. What line has to make the higher low in the...

dp, I'm still on a break.. these are past trades

basically.. need to become more confident in it.. and learn when to adjust it.. such as after a big upbar.. say a bar 2 - 3 times the size of the avg. bars.. place stop slightly below the halfpoint of the big bar

gg, Here is another profitable trade.. For profit targets I like to trail a stop below the low of the previous 2 bars.. sometimes when I get a quick big move I take the profits quickly and abort the trailing stop... I need to work on my exit strategy... Also, I like to close...

As you are aware I am not a profitable trader but want to respond.. bored here at work Gutsy trade to buy on that move.. was that due to a divergence signal?? I've been doing the same thing with my entries.. trying to get in at .25 better of a price.. and the result is.. The good...

gg, Here's a chart from 8/4/03.. This chart is of the Euro/USD.. which is my favorite currency to trade.. it seems to trend the best with the most liquidity.. I trade currencies on Globex.. In this particular trade.. the price comes back to the EMA.. then takes off... this is...

Forgot to mention.. If you look at my journal.. I've posted charts in there with the trades marked.. you'll see that I've taken trades outside of these rules...

Hi gg, Yes.. its simple.. I've posted it in my journal titled "Flash's Self Improvement Journal" The Emini, I'm only going to describe one side.. of course the opposite applies to go short or long as well.. these are based off of 5 minute charts.. Gap up 5 pts or more.. short...

Thanks to all who've responded. Its reinforced some of my thinking.. I have a problem. but the good thing is that I know what it is.. I see it.. I've acknowledged it and now its time to figure out how to correct it.. I KNOW that once I have my discipline issues intact I will be a...

Newtoet, Thanks for the site. Will read it ASAP.. I've read some other books in this area.. Napolean Hill's .. Think Rich or something like that Tony Robbins.. Mark Douglas's 2 books focus on this area as well.. read those.. They haven't seem to help.. but when I think...