Search results

  1. oraclewizard77

    I am being SQUEEZED!!!! by the ES

    If you are following your plan, then you are fine. If you don't have a plan, develop one. 1) Risk management, do you have a mental stop, hard stop, time based stop. 2) Do you plan to hold overnight and run the risk of a report affecting your TA. 3) Can the market tell you if you are...
  2. oraclewizard77

    CL Redux

    Some relief for your congestion. :-) http://www.ehow.com/topic_3934_nasal-congestion-relief.html CL has been hard to trade lately. I killed my winner too soon which was a short scalp since I saw ES going up, instead I should have just left my stop a little above BE. The technical book...
  3. oraclewizard77

    CNN: North Korea deploys SAMs missiles

    In further news, the 1 person who did not vote, was taken out and shot.
  4. oraclewizard77

    stock trading around the (24h)

    You could just trade futures and/or forex to trade 24h.
  5. oraclewizard77

    Spain says it does NOT need a bailout!!!

    Spain has 20% unemployment. Instead of closing the weaker banks, the government lent them more money, and these banks decided to spend it by offering 6% savings accounts to steal customers away from the stronger banks. Furthermore, by paying the customers the dividends, they are running out of...
  6. oraclewizard77

    Will LMAX be the end of the forex bucketshops ?

    I doubt I would use this service, but if it showed real volume, it would suggest that they are not faking their data like some bucket shops.
  7. oraclewizard77

    Will LMAX be the end of the forex bucketshops ?

    I voted no unless you tell me they actually show volume like you can with currency futures.
  8. oraclewizard77

    IB - No Tick Charts?

    You can connect Ninja Trader charting to IB. Ninja Trader is free to use, but you will have to pay if you use it to trade like I do with another broker.
  9. oraclewizard77

    Daily Hottie

    Milla Jovovich
  10. oraclewizard77

    Why do folks only get behind stocks after they have made big runs?

    Well, Cramer has a 50% win ratio, and its not like he holds his winners longer than his losers. Also, most analysts come out with their ratings after an earnings report and after a big move happened. If the news was bad, and the stock fell, then they lower their ratings. If the news was...
  11. oraclewizard77

    Ron Paul: Crotch Groped by TSA, Calls for Boycott of Airlines

    Coming in from International flights is really worse. I am not sure who hires these people the government or the airlines, but they need to be taught customer service is #1. I get treated much better as tourist to another country than I do as a citizen here. 1) We should be allowed to...
  12. oraclewizard77

    ES Journal Archive (2009 - 2010)

    I personally like afternoon trading but maybe its because I wake up late.
  13. oraclewizard77

    ES Journal Archive (2009 - 2010)

    Been doing good this week with some counter trend trades, although Sun trade was actually a breakout trade. But both Mon and Tue were long trades. I guess I consider them counter trend since the day was trending down. On CL my indicator pointed up, and ES it pointed down. So I ignored ES...
  14. oraclewizard77

    what type of strategies do you guys run?

    Spoon boy: Do not try and bend the spoon. That's impossible. Instead... only try to realize the truth. Neo: What truth? Spoon boy: There is no spoon. Neo: There is no spoon? Spoon boy: Then you'll see, that it is not the spoon that bends, it is only yourself.
  15. oraclewizard77

    RM's occasional market calls...

    So you really put 75% of your net worth in ZSL?
  16. oraclewizard77

    ES Journal Archive (2009 - 2010)

    I have had the problem myself, I get stubborn with a trade and it sometimes turns into a bigger loss. I usually don't trail a stop. I only have the AI trail setup for when I do 2 contracts, and only after the 1st one is profitable, does the 2nd get a trail since the market has already...
  17. oraclewizard77

    ES Journal Archive (2009 - 2010)

    Good charts, on my sim trades I lost $ 155 and my real trades I made $ 115. The only issue I see is risk vs reward. You should not be thinking about getting out at .50 if your risking 2 points on the stop. Risk vs Reward should be even if you are around 50% or higher in win%. If you have a...
  18. oraclewizard77

    ES Journal Archive (2009 - 2010)

    Just for fun, here are some sim trades, short at 1095 on possible breakdown of range. Short on 1099 on possible touch of resistance and pullback. Short on CL if it hits 81.92 as a possible breakdown reversal.
  19. oraclewizard77

    ES Journal Archive (2009 - 2010)

    Great call, I was watching the market trade in a range yesterday afternoon. I was already up for the day, but not enough profit for my liking so I decided to do one more trade which was a scalp. I also shorted at 97 but set my loss to be BE for the day and this was and is my last trade. The...
  20. oraclewizard77

    ES Journal Archive (2009 - 2010)

    Well, my CL indicator was pointing up and my ES indicator was pointing down. I 1st took a short on the ES, when the trade stared to go against me I looked at CL and my indicator was pointing up and CL was going up. So I went long on CL and brought down my stop on ES. I was able to take...
Back
Top