In one bar we definitely broke the uptrend line...
Usually you have a retracement back up to the uptrend line after decisively breaking it and then the devastating move down... but if this move down this month is the precursor... time for some maalox...
Broke the uptrend line...
Retraced to .382
We bit of a red down bar there laddie'...
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He is working for me as my assistant research technician... and mumbling something about silver this and silver that... :D
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Only multi threading of your main software is of real import... once you have that then everything you have moves to a professional level...
If you do not implement that, as you have not in the past, then your platform and data feed will stay second tier... solid second tier... but ONLY...
Yes, and add that to this...
Its option expirations week with a lot of people long January put options... They are going to cover sometime this week.. and a lot of hedged short futures positions against them will be covered too... as those hedged shorts are lifted the market moves up a...
Right... Hope?... but if we are playing that game... then...
I HOPE the futures open up 15 points and i get to short the gap and fade the ES back to the close at 1407.75.
Next the ES weakly retraces, on low volume, back up from the close on low volume to about a 50% retracement that i can...
If you had consistently posted / shared some relevant and interesting market, technical, psychological, fundamental and order flow information...
THEN IT WOULD NEVER HAVE BEEN MOVED TO CHIT CHAT...
actually i am not sure the sum of what you wrote is even worthy of Chit Chat... :mad...
Yes, Good Point, that was lazy of me. I apologize for that... :(
You are probably very aware of the high failure rate of complex software...
http://www.codinghorror.com/blog/archives/000588.html
You might want to up front design this for quite awhile, then run it by some trader...
Your not a trader and your not a programmer...
Wow... are you completely unaware of the EXTREME difficulty of completing the project you want to initiate... even planning the project properly would be exhausting...
The broker and hedge teams that produce decent Algos, CEP's, and other...
I use a AD / DL created from a DDE feed to show the exact sp500 AD / DL instead of the NYSE AD / DL
The NYSE AD / DL has a lot of stocks that are not included in the sp500 and i feel it is sometimes disinformation...
The sp500 AD / DL was very bearish all day...
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And As long as the OP is at least 20 minutes later than real time then he is even past the delayed data feed pricing...
You have Yahoo and Google and other places even showing snap quotes that are real time once they print to screen... so how could this not be ok...