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  1. oraclewizard77

    What information does Technical analysis tell you ?

    Let's look at a real example of how TA is created by real world actions. For example, CL (oil) went up due to the USA killing an Iranian General. So obviously, trend was up. We then also look at Price action for the following trade that I made.
  2. oraclewizard77

    What information does Technical analysis tell you ?

    Just looking at a random 5 min chart is useless. However, in context with say the ES which is bullish due to good economic conditions and getting the trade deal done, we can then see in both ES and CL bullish trends in a LOWER time frame say like the 5 min chart. So in this case a Support will...
  3. oraclewizard77

    What information does Technical analysis tell you ?

    For futures, TA when used correctly shows the current trend. Think of it this way, you are driving your car on the freeway. Eventually all freeways end. Your GPS will tell you when you need to get off of the freeway to get to your location. TA will tell you if you should even get on the...
  4. oraclewizard77

    Creating a backup usb install for Windows 10 upgrade

    Every so often, I lose my connection to the Internet. There steps may help. 1) Make sure power management for your network adapters is unchecked, this may get reactivated on an update. 2) Make sure you have the latest drivers. 3) You can also trouble shoot problems after clicking on your...
  5. oraclewizard77

    Creating a backup usb install for Windows 10 upgrade

    Well, sometimes it's really good to have 2 computers if something goes wrong with one of them, you can still connect to the Internet to figure it out on the other. So, after I logged on to my main trading computer, there was a black screen. So I decided to press the power button to shut it...
  6. oraclewizard77

    Technical analysis and indicators

    NT has a built in indicator which creates HL, HH, LL, and LH. So in this case we don't need to draw a "trend line" Instead we can establish for example an upward trend when you get at least 2 HH and HL. The indicator works in all time frames and all charts. Many times, I will instead of...
  7. oraclewizard77

    ES Journal - 2019/2020

    If tariffs are increased in Dec, look for another strong leg down on ES.
  8. oraclewizard77

    Creating a backup usb install for Windows 10 upgrade

    I believe on the business versions of Windows 10, you can in fact use a group policy to delay updates so this will not happen to workers at a company who are getting paid per hour.
  9. oraclewizard77

    Creating a backup usb install for Windows 10 upgrade

    Well, the computer decided to just upgrade me to Windows 1903 when I woke up and did not let me use it for 2 hours. I never gave it permission to install the update. The good news is it actually worked without forcing me to do a clean install and reinstall my apps.
  10. oraclewizard77

    Breaking the Pattern Day Trading Barrier

    Here's a hint on how to using a MA. I will not tell you the actual values that I use since I don't want to give away for free what someone like JH has written 100 pages on that you must read through to find. 1) A an EMA is better than an MA 2) A higher EMA can be used instead of a higher time...
  11. oraclewizard77

    Creating a backup usb install for Windows 10 upgrade

    So today, Windows 10 wanted to try to do a feature update even though it has not bothered me for a few weeks. It said update pending. I told it I will reschedule later and again contacted Microsoft Support. Seems like I got someone pretty smart this time. So I will go over what they did. 1)...
  12. oraclewizard77

    ES Journal - 2019/2020

    Same with the reverse if ES hits target and CL gets stopped out, we still will have a higher profit than loss.
  13. oraclewizard77

    ES Journal - 2019/2020

    In this trade if we get stopped out on ES, but CL targets get hit, this will still achieve a higher profit than loss.
  14. oraclewizard77

    ES Journal - 2019/2020

    We are in a hedge trade. Short ES 3107.50. Long CL 56.96
  15. oraclewizard77

    ES Journal - 2019/2020

    I took the last contract off at 3085. This was my best night of trading on ES. I am taking off trading for a couple days. Would not be surprised if ES goes lower but I don't have a 100% win rate so whatever.
  16. oraclewizard77

    ES Journal - 2019/2020

    Took 1 contract off at 3088 so I can now either add it back on if trade goes against me or just wait for 2nd contract to hit a lower target.
  17. oraclewizard77

    ES Journal - 2019/2020

    https://finance.yahoo.com/news/peter-navarro-says-trump-will-not-roll-back-tariffs-for-phase-one-deal-with-china-173630228.html This is negative news on trade deal. I was not able to short oil since it already fell, so I am shorting ES which has not fallen on this news probably because smart...
  18. oraclewizard77

    ES Journal - 2019/2020

    I smell a bear trap.
  19. oraclewizard77

    Does trendline work?

    I can only show a fragment within the confines of this message board. However, if you watch the market every day, that information is stored in your mind. Then you can begin price analysis based on your recollection of the 3 stages of price action. Price in any given time frame can be doing...
  20. oraclewizard77

    Does trendline work?

    You don't actually even need to draw a trend line. You can instead try to determine the following. 1) Is price in a trend. a) Is the trend up or down. 2) If Trend is up, is there a place to go long a) Did price already move and should I wait for another day or hour. b) Do I...
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