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  1. oraclewizard77

    ES Journal Archive (2009 - 2010)

    I had a nice short trade today, what I am happy about is not only that it worked but that I did not move my stop or target on the 2 contracts and automation worked correctly for controlling everything once I was in the trade. Sometimes in the past I would override automation after I was in a...
  2. oraclewizard77

    ES Journal Archive (2009 - 2010)

    Made a mistake in the afternoon, put in an order and then a 2nd order and when I was trying to cancel the 1st order, my connection to Mirus died, and when I got it back was looking at a loss. Instead of just taking the loss, I averaged in another contract, and created a bigger loss. After...
  3. oraclewizard77

    suggestion on new pc

    I would recommend a custom built system if you can find a good place that does one and includes the warranty. You want a quad core or i7 Intel CPU and motherboard. I would go with a dual video card, use ATI if possible to support the monitors, you need a big tower to support the card, they...
  4. oraclewizard77

    ES Journal Archive (2009 - 2010)

    I could have had it after the breakout level but although I was drawing lines for CL, I got involved in a different trade which was the breakdown of GBP/USD. The good with CL, is when it moves, it moves far. The good with GBP/USD is it does seem to respect TA much more. I was able to get...
  5. oraclewizard77

    ES Journal Archive (2009 - 2010)

    Not bad today, was in a chat room for the GBP/USD, I took the trade that they mentioned even though the mods did not and made profit. I was planning to do a long on es, but saw it breaking down, and did a scalping short at a profit. Switched to sim, and practiced some setups. Saw a...
  6. oraclewizard77

    how do you judge Mirus-Zenfire is better than TOS

    I would like the ability to place a trade with my mind instead of reaching for the mouse and clicking on the chart. http://www.livescience.com/health/050317_brain_interface.html
  7. oraclewizard77

    ES Journal Archive (2009 - 2010)

    Its not very risky if I am putting less than 1% of capital at risk. Its not very risky, if the hard stop is the cost of the option. Like you stated, if I am wrong I lost $ 30 with possible reward being $ 100 or more.
  8. oraclewizard77

    ES Journal Archive (2009 - 2010)

    Exactly, I am looking for a significant movement down. I don't want to do this in futures since I would need a wide stop. Also, I think its better to sell options when you have little time decay for example 1 - 3 months out, and buy options when the decay is almost used up. So if market...
  9. oraclewizard77

    ES Journal Archive (2009 - 2010)

    So far you are looking good on this trade, they were not able to make a HH after the 1st high of the day. We got some economic reports later this week. Seems a big stop and target for you. I can't imagine you are not going to either trade around this position or trade other futures before...
  10. oraclewizard77

    ES Journal Archive (2009 - 2010)

    If they don't do an end of day bull run, then I think this may be a top for a pullback on Tue, but we will see since not having another end of day bull run is bearish. If we do get one and it breaks the highs, then that is bullish.
  11. oraclewizard77

    ES Journal Archive (2009 - 2010)

    I bought the SPY 108 put with this Fridays expiration. I like buying near expiration since the options have almost no time value, but just enough that if it turns into a bad trade, I can get out without too much damage. If Tue is extremely bullish, I plan to add one more put at a higher...
  12. oraclewizard77

    ES Journal Archive (2009 - 2010)

    I am going to try to prevent over trading and not trade anymore today since I ended with a profit especially since last week was not good. Going to switch to sim now if I decide to take anymore trades it will be demo. Notice the market could not get above 1075.75. Now this was not a double...
  13. oraclewizard77

    Why you should average up, NEVER down

    You need to have rules for either possibility. For example, lets assume market moved up and you get an order to go long, and assume you know where you want to put your stop. Now right after you get in the trade, market goes down, and say you have 2 contracts. At this point, I am going to...
  14. oraclewizard77

    CL Redux

    Using NT and zenfire, works for other futures but some kind of delay for cl
  15. oraclewizard77

    CL Redux

    Going to stop trading CL, having issues with how my chart updates in real time for this future, so not going to do it anymore.
  16. oraclewizard77

    ES Journal Archive (2009 - 2010)

    My stop was higher than yours and it would have been hit if I did not get filled at my profit target 1st. So not posting your stop does not mean it would not have been hit, I don't post my trades, and my stops still get hit. Also, say you went short at 1030, and used no stop, you would now...
  17. oraclewizard77

    ES Journal Archive (2009 - 2010)

    It gave around 2 points of profit taking, and I was able to get out of my 3 contract position at a profit. Looks like it hit a moving average then bounced back up. Amazing strength considering no real reason for bull move today.
  18. oraclewizard77

    CL Redux

    Maybe your chart is wrong, since I see 19757 as total number of contracts traded from open to close based on the website.
  19. oraclewizard77

    CL Redux

    http://www.cmegroup.com/trading/energy/crude-oil/light-sweet-crude.html is a good website to see what months are being traded with vol for cl future and avoid having your broker call you warning about getting oil being send to your home if you stay in overnight after expiration.
  20. oraclewizard77

    CL Redux

    I actually saw a nice trend trade but was not awake to take it since I slept through the opening which was 6:30 am my time.
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