Search results

Hi, You may be interested in the following posts/threads: http://www.elitetrader.com/et/index.php?threads/best-indicator-for-a-bounce.218301/#post-3145836 http://www.elitetrader.com/et/index.php?threads/day-trading-difficulties.218977/page-5#post-3156762...

Hi Handle, Just to make sure that I understand the trendline retracement setup: You probably shorted CL around 59.17 between 7:57 and 7:58 AM Eastern Time today. Right ?

Hi Handle, Just out of curiosity. Why do you start trading crude oil futures so early ? Can you wait until 9:00 AM Eastern Time ? Are you bothered by the low volume and wide bid/ask spread at 6:00 AM ? Thanks for the chart.

Hi, a) You can compare the volume of the May contract versus the June contract. b) I add an intraday volume profile to the DOM. (The volume profile starts at 18:00 PM Eastern Time.) In the past few weeks, I notice the VPOC volume of CL at 8:00 AM is usually over 1,000. At the time of...

IMHO: It may be quite difficult to find such a data provider. Most non-expensive data feeds would filter out the "aggressor side" tag: https://www.sierrachart.com/SupportBoard.php?PostID=48344#P48344 Sierra Chart Real-Time Feed and CTS feed are two exceptions. Unfortunately, I am not aware...

Regarding CCI, Neil Harrington pointed out that Lambert used mean deviation instead of standard deviation because in 1980, he was dealing with a Texas Instruments calculator, and not a personal computer. (Mean deviation was an easier calculation.) Had standard deviation been used, CCI would be...

Algos fading indicators ? It seems to be a very difficult task. Take MACD as an example. There are the most popular setting, Linda Raschke's setting, Bill Williams' setting, my own setting, etc.. What settings are the algos targeting at ? In addition, traders may study time-based...

IMHO: This is a grey area, where experience and screen time would count. For example, if there is a three-push reversal pattern confirmed by price-momentum and price-volume double divergence on the five-minute chart of ES, under normal circumstances I would look for reversal signal...

In early 1990's, two of the fastest computers were Cray C90 and NEC SX3 (processor by processor). Yet, they are much slower than a high-end Intel i7 or Xenon CPU. If computers had limited shelf life in trading then, the future may look bleak. So far, I do not think computer can replace human...

Agree. If you have a great strategy with well-defined rules for entry, exit, trade management, etc., psychological and mental issues may be partly solved by automation. If you do not have a winning strategy, the best advice a psychologist can give you is probably: "Save your money. Stop...

I spent the afternoon examining your chart. Learn a lot........... Thanks.

IMHO: "Programming: Principles and Practice using C++ (Second Edition)" Addison-Wesley 2014, ISBN 978-0-321-99278-9.

Dear roberk, The first option, and the last option are too high tech for me. I'll go for the low tech stuff, namely, support and resistance.:D

Hi Folks, Is it me or a fact that crude oil has more V-turns (or inverse V-turns) recently ? How would you guys handle these turns ? CL is still a running market. I do not like to sell at the top or buy at the bottom. However, if I wait for well-defined higher low or lower high, I'll miss a...

Yes. After examining the two CL charts by Handle123, I notice that if I can move the stop to around breakeven upon about 10-tick profit, and have a very low losing percentage, soon or later, I'll get the 50-tick winners. After all, crude oil is still a running market, although it is not as...

This seems to be the answer: http://www.elitetrader.com/et/index.php?threads/interactive-brokers-incorrect-market-data-feed.283277/#post-3962726

I had similar experience: About two years ago, I developed a very simple automated trading system using TWS /Sierra Chart. At that time, I thought Interactive Brokers' data were good enough for Globex futures back-testing, and real-time trading. Once the automated system executed a LIVE...

Hi, In the past, you allowed 6.5 minutes for the trade to work. Now, you only allow three one-minute bars. (That is less than three minutes.) You are getting less and less patient.:D Thanks for the chart, and other information.

Maybe most fellow members have switched from ES to other futures such as CL to make life easier. :D

Hi, Handle123 did mention some rules for trade management in 2012 on this message board. When you have time, you may like to dig them out by reading his posts. However, today is February 20, 2015. He may have some new rules now. Just my two cents.