Search results

Jack, svrz, Thanks for all this - great. I understand about the addition of sin/cos waves to approximate different functions. I don't understand though, what I'm supposed to do with it - in terms of trading. Perhaps it's just a way of describing formations and I don't need to worry any...

.

Third trade mentions 1 minute chart, which is attached. It shows potential trades based on low volume, narrow range bars. I intend to add these to my trading plan, to be used mostly as a way of getting into the trend on the 3 min chart - using these triggers on the 1min chart.

9:30 Begin S1 976.75 974.75 +2.00 (10:20) (10:23) Sell boreak of LoD. Exit on resistance. This turned into a rocket just after I entered so I think I should have held on - we'll see. [hindsight: good decision to exit] 10:33 Lower lows on MACDhist, TICK & acc/dis all support the...

I have been following this thread for a while now. It's not always easy to follow but usually with a few reads & a bit of thought, I get there. But I just can't get my head around this odd/even harmonic stuff - what is it? - what is its significance? Can someone help me please.

9:30 Begin watching but can't logon to Jtrader. 10:00 Logged on, but losing price feed from time to time. Don't trust the connection to trade just yet. 10:05 Price made a lower low; acc/dis hasn't; TICK has. 10:10 Still JTrdaer problems. 10:20 Price has made another low - this time...

:p

Jake, You've hit the nail on the head. This is what separates trading from poker. End of story.

I've never had to wait 7 mins for JTrader to load (except maybe first time on a new machine). I have 56k dialup, and estimate around 1-2 minutes is closer.

Jack, You have mentioned "harmonics" a few times. "When you have head and shoulders IT trend reversals, then the odd harmonics prevail on the IT carrier. when you have double bottoms (tops) even harmonics prevail" Would you explain what you mean by this. Many thanks, 1c

9:30 Begin 9:35 Long rocket signal on open but not convinced that I should take it, given the gap. Wait. 9:45 Have to leave screen 10:10 Return 10:15 Short rocket signal but heading back into congestion - do nothing. [hindsight: rocket failed] 10:50 Small uptrend since short...

9:45 Begin S1 985.50 983.25 +2.25 (10:07) (10:19) Sell the break of LoD, which turned into a rocket. Exit before exit signal on basis that volume was stalling. [hindsight: rocket subsequently failed - so good exit] S1 983.50 983.25 +0.25 (10:38) Sell the b.o. of little pennant...

gw, When you reply there is a 'browse' button below the text area. If you click here you can browse to a chart that you have saved on your PC, and attach it. PNG is the probably the best format. I save as BMP from QCharts & use Windows Paint to saveas .PNG. I don't think you can uplaod a...

gwnorth, I know that OBV & acc/dis are similar. - do you think OBV is better? - in what way? 1c

9:30 Begin S1 998.25 998.25 0.00 (9:55) Sell rocket as per signal. Ignored exit signal for a few moments & got a slightly better exit price. [hindsight: as I feared, when waiting offers a better exit price, there's a good chance exiting was the wrong choice :( ] 10:12 Rocket started...

Try again.

.

14:15 Begin Mkt been trending down most of day I see. Lack of support from on acc/dis & TICK suggest it might be over. Looking for bottom formation. 14:30 Breaks previous low but no follow through. TICK spiked down to new low, but quickly back up again. Still looking for...

Not much trading today as I have other things to do. 14:30 Begin S1 1009.25 1008.25 +1.00 Sold the break down - still not sure how I managed to get only +1 from this spike :( 15:30 Quit Day: - RT: 1 (1 winner, 0 losers, 0 scratch) - PL: +1.00 Month: - RT: 10 (6 winner, 4...

gwnorth, I have T&S in my workspace - flitered to show only trades bigger than 10. I have bid & ask trades coloured pink & pale blue - with low & high trades coloured red & bright blue. I am still in look&learn mode with it. It certainly gives me information about what the mkt is doing...