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  1. M

    Moving to singapore or dubai for trading

    This air pollution problem has plagued Singapore and Malaysia for decades already. IMHO, most visitors from Mainland China would be impressed by the air quality and clear sky of US as well.
  2. M

    RSI - Relative Strength Index (Wilder) & RMI - Relative Momentum Index

    Thank you for all your contributions to this message board. Good luck and take care. Best Wishes
  3. M

    RSI - Relative Strength Index (Wilder) & RMI - Relative Momentum Index

    Smoothed RSI Inverse Fisher Transform was presented by Sylvain Vervoort in the October 2010 issue of Stocks & Commodities magazine. The article was awarded with the Reader's Choice award in 2011...
  4. M

    RSI - Relative Strength Index (Wilder) & RMI - Relative Momentum Index

    A 14-period Wilder moving average is equivalent to a 27-period exponential moving average. When RSIW is close to 50, price is close to the 27-period EMA. When RSIW is zero, price is infinitely below this EMA. When RSIW is 100, price is infinitely above this EMA. You may like to play with...
  5. M

    Low Pass vs SMA

    IMHO: People examine price by tick chart, range bars, time-based charts, etc. None is suprior to other in all market conditions. Otherwise, all traders would have used just one of them long time ago. Price-based indicators are just different presentions of price. For example, CCI is...
  6. M

    How to start learning about trading?

    IMHO: Learn as much as you can. As an amateur, I was ( or am ) unable to distinguish the good traders from the bad ones, good advice from the bad one, etc. Hence, an open mind may help. Also, prepare to waste a lot of time going down the wrong paths. Trading is process of personal...
  7. M

    What is your best setup

    If I tell you, I'll have to kill you.:p:D
  8. M

    Predicting gold and silver prices with trendlines and S/R!

    I've never traded gold futures. But it seems that you are able to identify extreme oversold/overbought conditions accurately, and trade accordingly ..... Just my two cents.:)
  9. M

    Predicting gold and silver prices with trendlines and S/R!

    IMHO: Some people may argue that this trade was a "Trend Line Bounce".
  10. M

    Let's learn/discuss how to read the DOM and Time and Sales

    You may like to read through the following thread: http://www.elitetrader.com/vb/showthread.php?s=&threadid=103293&perpage=6&pagenumber=1
  11. M

    Looking for a new computer, stumbled across this one

    IMHO: Since the OP wants to scalp with four monitors, a low end gaming card such as the GeForce GTX 650 PCI Express card ( or something cheaper ) may be needed. :)
  12. M

    Wall at the DOM

    The original target was much bigger than two ticks. When I saw a bid size of 126 at 93.87, I knew that CLG3 would likely reach this price. However, I could not tell whether it would dive or surge after hitting the wall. When in doubt, get out. Hence, I scratched the trade by moving the...
  13. M

    Options cost basis tax reporting in 2013

    1256 contracts, eg. futures, options on futures, broad-based index options, etc., are treated for tax purposes as 40% short-term gain and 60% long-term gain.
  14. M

    Wall at the DOM

    Any DOM traders who woild like to share their experience ? Two days ago, I chose option b), and ended up with a small profit.:)
  15. M

    Options cost basis tax reporting in 2013

    Broad-based index options, eg. options on SPX, NDX, RUT, OEX, etc, are 1256 contracts. You just need to report the total gain or loss. ( NO wash sale rules, but need to mark open positions to market at year end.) I never trade with OptionHouse. But some brokers do calculate the net gain/loss...
  16. M

    Wall at the DOM

    Hi, I have a question about trade management: A SELL LIMIT order for CLG3 was filled at 93.89 before the pit session. Few seconds later, a large bid size ( over 120 ) appeared at 93.87, Would you a) pretend that nothing has happened, and act according to your trading plan. b) move...
  17. M

    Slope of an EMA

    Yes. There are a lot of variables to consider: For example, the AbsValue( slope ) of the 20-period EMA of a one-minute can be below the threshold to be qualified as a strong trend. Yet, the ADX of the five-minute chart can be above 55. ( Unless the setting is really weird, an ADX above 55...
  18. M

    Slope of an EMA

    The index "a" would refer to current bar. Unfortunately, I still cannot find a "b" that would lead to an AbsValue((EMA[a] - EMA[b]) / (Time[a] - Time[b])) that is consistent across all timeframes even for a single trading instrument.
  19. M

    ES Journal - 2013

    Hi, It was a great entry for ESH3. Just out of curiosity: Your long entry was near the bottom of a downsloping channel. Should the second target be at least the usual 8 ticks or bigger ? Is there any reason to reduce it to 6 ticks ?
  20. M

    Converting Pivot Point Dots to Lines - ThinkorSwim

    It seems that the script is working:
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