One thing to remember when price trades to the limit, it just means that price can go no lower than the limit, so selling below the limit is not allowed. Buying at or above the limit is allowed. Price can come up off the limit at any point, it doesn't have to stay on the limit. If price is at...
Just do it inandlong, you have my support. Flames should be removed under the original ET instruction given to moderators (fighting language) - this is not new at all, it is just hard to implement in a forum that is this active. I'd also suggest making extensive use of the split feature to...
The X-wing fighter has sunk, and only the tip of
its nose shows above the lake's surface.
LUKE: Oh, no. We'll never get it out now.
Yoda stamps his foot in irritation.
YODA: So certain are you. Always with you it cannot be done. Hear you
nothing that I say...
If you set a goal for consistent 1 point profits, your goal will probably lack the motivation necessary to achieve the results you desire, and as a result you will probably be disappointed in your results. Aim high, and if you miss, then so be it, but you'll probably be much better off than...
I hate to muddy up this journal with my comments but I'd just like to state a couple of things. There are lots of journals, and lots of way to do journals. On the journal quality continuum, I'd rate it from most valuable to least:
1) Teach a methodology & show results & answer questions /...
NihabaAshi,
Thanks for your comments.
Ok I think my point was lost in the details of what I was doing to test my hypothesis. My software is fine. I created some custom studies that allowed me to shift the start times for these candles to test the validity of the patterns. And I agree...
Busting trades is a joke and should be outlawed IMO. But that's for another thread.
We need to deal with the breaking of trades in our trading. Learn the rules regarding the breaking of trades. In the ES, it is a deviance of greater than 6 points from the price of the pit-traded S&P. Other...
This isn't in reply to anyone in particular, just thought I'd add my perspective since this thread is on candlestick patterns, in particular *intraday* patterns.
Candlestick patterns are generated based on the particular timeframe you are viewing. If you are looking at 5 minute bars, then you...
Thanks for posting that nkhoi. The real interesting # is the large S&P contract and the large Nasdaq 100 futures contract (-32.5% month over month):
MINI S&P FUT # 14,854,226 15,040,448 - 1.2
S & P 500 FUT 1,222,860 2,782,426 - 56.1
It seems obvious to me that switching back and forth between primary and backup is trouble. When the primary ISP goes down, why not just stay on the backup until market close, then revert back to primary at that time?
It seems to me that an ISP experiencing intermittant problems is a lot...
Nice post, Pabst. That sums up the entire situation perfectly. Incentives are all screwed up. Until the exchanges stop providing rewards for those who cause illiquidity, and stop punishing those who provide liquidity during the price panics the situation won't change. All the software tweaks in...