Search results

  1. P

    Breakout!

    Breakout Everything is all right Uptight Out of Sight dahh dah dah dah daaahhh dah daty dahh
  2. P

    Historical E mini Data from CME

    Introducing E-history - a new, automated historical data service available from Chicago Mercantile Exchange. This new service makes it easy for you to get the historical CME price data you need and feed it directly into your proprietary data models. You simply select the data you want...
  3. P

    maximum number of emini contracts in one order

    Pabst, Could globex or an exchange like globex just open up to unlimited membership and do away with brokers altogether?
  4. P

    Think Stupid

    I work very hard when the market is closed. I'm not sure if it is just guilt to justify the easy money that sometimes comes my way. But when the market is open and I'm trading, I throw everything I studied out the window. I figure, if any of it had any worth, it will have seeped in and...
  5. P

    Candlesticks?

    Woke up this morning Didn't know what to do Went long e mini And what did it do? 3 black crows outside my window singing This message is for you you you Go short On a swing And every little swings gonna go your way
  6. P

    Candlesticks?

    Then you combine candles with Bollinger bands and on the short chart you get a hungry shark. That is where the bands form a sleek narrow body that looks like a shark and the candles become little fish for the shark to attack.
  7. P

    Candlesticks?

    Don't worry Bout a thing Cause every little thing's Gonna be all right
  8. P

    Candlesticks?

    bone, 3 black crows on the 1 min chart when you're long means the market has moved against you for 3 minutes. Now if you're short and antsy to take a profit, you start singing, to a Bob Marley Reggea beat Woke up this morning (I forget the second line) 3 little crows Outside my window...
  9. P

    patterns

    wow, nice chart uptick.
  10. P

    Candlesticks?

    tech, set a tick chart with an sma of one and you can stay right on top of things. When the chart starts pointing up, it is a good indicator that all other trend indicators are about to turn bullish.
  11. P

    How to determine the strength of a trend

    A common study is to run adx along with dmi. You run them both in the same frame. Every trend starts with a dmi crossover, but not every dmi crossover starts a trend. A crossover accompianied by a rising adx is an indication that the trend may have legs. A falling adx means the current...
  12. P

    Candlesticks?

    hindsight, Just divide your time frame by three and you will see the chronological order. For instance, if you are using 15 min candles and it bugs you because you don't know which came first, the egg bottom or the chicken top, just switch to 5 min charts and you will see it. But my guess...
  13. P

    Candlesticks?

    I am very new to charts. I have never used anything but candles, so I never had to unlearn anything. My background is in grains where the open and close is very important, so candles came natural to me. But using them on intraday es charts requires some filtering, hence the jokes.
  14. P

    Candlesticks?

    an ok way to get your candle mojo working is to keep fiddling around with the time on your charts until you get reliable hammers at the bottoms. Of all the candles that are worth a darn and aren't worth a darn, a hammer at the bottom is probably maybe worth a darn. I may not be bullish, but I...
  15. P

    Candlesticks?

    If you like to place stops above the high and below the low, spinning tops are very good candles to use this strategy on. Although it works better on some commodities than others. Crude and es are notorious for taking out both sides of spinning tops. And rentering the third and fourth and fifth...
  16. P

    Candlesticks?

    A dark candle in an uptrend makes for a stronger trend than just a series of white candles, because it shows the trend can endure some adversity.
  17. P

    Candlesticks?

    Expert candle traders know the secret of combining candles. To combine 3 candles, you use the open of the firtst candle and the shadows of all 3 and the close of the 3rd candle. This gives you a confirmation candle. Or you can just simply reset your chart from one minute to 3 min and it will...
  18. P

    Candlesticks?

    in es, a doji gap appears on your charts whenever there is a serious sytem failure. The system failure produces the gap and all the traders who couldn't figure out what was happening created the doji by simultaneously closing their positions.
  19. P

    Candlesticks?

    If you are having a really slow day and you are trying to figure out why, pick a set number of candles and count the shadows. For example 25 candles 50 shadows=very choppy 25 candles 25 shadows, very strong trend. The idea being that whatever time frame you are looking at, a low shadow...
  20. P

    Think Stupid

    Ever notice how you get the best signals after you have taken a break? You come back to the computer and say, "Oh man, everything is down I better sell!" Then after a few hours of staring at charts, you can get the same signal, but you say,"Oh no. I'm too clever to fall for this. This is a...
Back
Top