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This is slightly off-topic, but here it goes. I've seen lots of discussion about DOM (depth of market). I know what it is, and I even look at it sometimes. The thing that confuses me is that there seem to be traders who actually trade directly off of this information. There are programs that...

Porgie, I realize that you play your system close to your chest, but could you at least say whether or not you draw trendlines or support/resistance lines? My most profitable (paper) trading has been done this way. Also, I don't see how an objective, analytical approach constitutes "mind...

Porgie, chill. This isn't a trading system I'm talking about. I'm not saying that you should blindly buy at open if there's a 53% probability it's going to be an "up" day! It's just a means to give yourself a bias for the day, that's all. And price patterns are only one factor. If you...

Yep, exactly. I got the ideas for the up-down pattern approach from Toby Crabel's book about Opening Range Breakout. Then I wrote a program to do it. :cool:

I've also done some studies on up-down patterns using 1, 2, 3, 4, and 5 day patterns, if anyone's interested. Today has a 60%+ probability of being an open-close "up" day.

Volente got me thinking when he mentioned a bias based on day of the week, so I did a data study on it. Here are the results of a study I did for the Dow. This is not based on futures YM data, but on the Dow itself, symbol $INDU. It's a simple study which attempts to correlate day of week...

OK, naive question. If CBOT is closed, how are we able to trade YM?

I guess when the stocks all go to zero you can dive into forex next.

Sounds like something my daughter would say. OMG!

C'mon porgie what work should I do, where should I go besides here? I truly do like contrary opinions because I know I don't know alot of things. And I *do* "wannabe" successful.

Hehe. Speak of the devil!

Chat rooms *seem* like a good idea and newbies always seem to ask for them. In reality they're almost useless due to the constant chatter and distraction. Imagine jmowery and porgie going at it in a chat room. LOL

Dangit, why isn't my real time chart on IB not showing bars for after hours? I definitely checked the box for "show data outside of normal trading hours" Hmmm. The data isn't updating on the TWS screen either.

There's support at 450. Let the midnight rally begin?

I've been busily compiling a continuous .CSV file containing 1 minute OHLC bars from my IB backfill data. So far it goes back to 9/14/05. I'm hoping to somehow prove or disprove this whole midnight rally phenomenon. Any pointers for where to start putting some bounds on this problem...

"Remember, Robin, safety first." "Golly, Batman."

Hey, they did! It's only a few cents, but still. Is YM becoming too "yummie"?

You didn't mention VB. I'll bet more number crunching is done in VB than you think. I'm an engineer, not a financial analyst. But my weapon of choice for number crunching simulations is VC++ 6.0. It's damn fast, mature and well-understood. There are several TA packages available in...

oil just retraced to its intraday downtrend line. let's see what happens from here...

I'm looking at QM which is a LSC (mini, I think) future. It doesn't appear to start trading until 1000 ET