Search results

I absolutely agree that this should be the way to go. Thanks. I just traded your method for a few days (afternoon hours) and found the entry signal very usefull to trigger trades. Again, thanks for sharing.

Big thanks, so in case of the posted short signal, the break of the resistance would be the failure? I'm currently trying to build up an arsenal of scenarios to define rules for a simple to follow trading plan. Would you agree that a trading plan should be simple and not much longer than a...

Piscuy could you also post a picture of a failure as described in the post where you presented your method. Apart from that it would be great if you could answer to a few questions: - How do you find your swingareas where you expect pivots to happen. Just Trendlines? Then confirmation by...

Here is an article on tape reading I found interesting - of course this is just theory, nothing beats screentime and experience. Most beginners in trading heard about the concept of tape reading. Unluckily, there is not much materials available that explains it in details. I hope I can...

Just for clearification, could someone be so kind and go over the general logic behind tape reading again. Is this true - from the viewpoint of the general logic (no quantities): Traders hit the bid = price should go up Traders hit the ask = price should go down Orders below the bid...

Your comments show that you are experienced - not only in trading. Personally I took a step back from trading live mainly because of my job. I was trading live a few times before, but not for a very long time. I always stopped when I felt too uncomfortabel with my method. Whatever, what is...

Thanks a lot. Tightening the stop if you loose confidence in a trade is something I never thought about.

Thanks for the reply. Sure people are mostly interested in promising methods, but I would like to exclude this at this point. Could we discuss probabilities based on risk management and hit rate. You mentioned that you have a 'negative' risk-reward-ratio. What is your maximum stop and do...

You are right, discussing Money Management should be the best way. I believe 'forcing' people to take a bit of responsability on forums to show some work themselves is absolutely healty. My suggestion on this topic: Funds: $10.000 Size: 2 NQ contracts Max. Stop: 4 points (1000 volume...

Hi Piscuy, great that you decided to show how you trade. I realized that not much questions have been asked. Maybe because it's nice and simple, what you explained so far. I would like to ask how you get in. Do you enter limit orders above and below the signal bar? You mentioned that...

Hi all, regarding tape reading I have two major problems. I'm an IB customer and believe that the cummulated data is not really ideal. The second one: I chart using Ninjatrader at the moment. But NT has a bigger problem to digest IB data and displays double ups...

Sorry just a lousy 'thanks' from the other side of the ocean. :D Red background means below the bid?

I would like to just say thanks to Anek for everything he is doing here. This is just fantastic. Also a big thanks to Mark and Piscuy. All you guys give me hope to make it one day!