Hi Handle,
I agree. Trading involves different kinds of trade-offs. We all have our likes and dislikes. Usually, I do not like an outside bar to be the entry bar. I often wait for the outside bar to close, and then decide whether it is short enough to be a signal bar.
For example, a...
Four years ago, crude oil was much more volatile. Many traders set their first target between 40 and 50 ticks. The following data may be irrelevant now:
http://www.elitetrader.com/et/index.php?threads/what-is-your-win-rate.222119/page-2#post-3209473...
Hi Handle,
You used to look at the five-minute chart of crude oil for EMA bounce, reverse divergence, etc. Since you did 22 trades within three hours yesterday, I guess you trade solely off the one-minute chart now. Right ?
In science, the results of one lab should be reproducible in other labs. It is also true for automated or program trading.
I wonder if this is true for discretionary trading. By the way, what is the definition of discretionary trading ?
Just my two cents
Hi Handle,
I agree. However, there are two exceptions:
a) I usually do not place any order five minutes before or after a major news release.
b) Crude oil often acts strange between 14:00 and 14:30 PM Eastern Time. For example, an ascending triangle was formed around 14:18 PM today. I...
I believe that most data providers have not switched to the new protocol yet. CQG is one exception.
According to the first post of the following thread, it seems that Rithmic feed has not adopted MDP 3.0:
https://www.sierrachart.com/SupportBoard.php?ThreadID=13813
PS: Sierra Chart has not...
You may consider switching to a different data provider:
http://www.elitetrader.com/et/index.php?threads/rithmic-confirms-continuing-publication-of-globex-market-data-trade-messages-a-la-fix-fast.291697
Hi Jas,
IMHO:
Friday was not very bad for CL trading. It seems that the basic TA stuff still works. The problem is that if CL chops around for an extended period of time, I get tired easily and lose focus. Then, I tend to miss setup after setup.
Need to concentrate better and/or take...
Hi,
Besides ES and ZB, are you trading GC after release of the FOMC statement/minutes ? It seems that gold futures is very sensitive to economic news.
Thanks.
Hi Handle,
Are you still trading crude oil futures before 6:00 AM Eastern Time ? Today, CL began to chop around 9:30 AM. If I start at 9:00 AM, there is not much to do ................
Hi,
It is not rollover week yet, but it seems that crude oil futures has been very choppy recently. Usually, I start at 8:00 AM Eastern Time, not very comfortable with the low volume and wide bid/ask spread before that. I am considering starting early like Handle123...