Search results

im posting from my phone here cm69 that image you posted is hard to see on my little phone screen, but i can totally tell thats a forex chart :p i swear i can always identify forex charts cuz they have giant tall bars out of nowhere. futures and stocks dont move like that. are those during...

It wasn't higher when I took it. I'm entering trades in the middle of candles now. Based on what you said, now I would not have taken that trade if it had printed above the previous candle at the time.

Timmay isn't a legit figure? I thought he was a good trader. I don't know much about him tho. Just heard hype.

Tonight's question is in this image: (edit - sorry for the typo... "shoring" should be "shorting") So I am beginning to try to quantify this PA stuff. The rule I was testing here was: - go short in a down trend after a retracement when a red candle breaks the low of the...

O RLY??? That actually makes sense. I never thought of that. Thanks!

The only way I found to do it without martingaling was by picking tops, and I can't do that very well at all. What properties of the futures market cause that to be the case for trend trading? I had 40-50% drawdowns on a daily basis when I was counter trend trading in my demo account.

To me, candles are more clear than OHLC bars. The only time I use OHLC bars is when I am using a study called "candle color based on slope" (of an indicator), because it paints the entire candle/bar that color, and then with candles, i can't see if it's an "up" candle or a "down" candle, but...

I did that for many weeks on a demo account. I had > 90% profitable days. I thought I had found the holy grail. I even posted some P/L statements with many +$800 days. And then in one day I blew the account. The only way I could make that profitable was by martingaling into positions...

Did my image show up in my thread? I posted it but I see a lot of people are downloading it, too. Oh well maybe they assume it's a different image. n/m. Hey cm69, remember my "old" system I was telling you about? It would have made a KILLING today. Look at how perfect those waves are...

Fantastic downtrend we are having today! How could anyone screw up and not make money??? I will show you!! In hindsight I should have taken a short after that upside down hammer on the pullback. Oh well. My strategy of entering short on the first candle that breaks the previous...

o rly. game how?

here's an example: http://www.collective2.com/cgi-perl/systems.mpl?want=publicdetails&systemid=20872963&session=545324277361577466761876089685454#atonly Equity curve looks great. Every listed trade is a loser.

how does one make a system and add it to the website and backtest it? That does sound like fun!

I was looking at their "best" systems that have impressive performance charts. A few are literally 45 degree angles up and to the right with minimal drawdown. ANd then I look at "actual trades" and they're like this: (700) (1000) (400) (2300) etc. (they're all negative numbers)...

Isn't SSO supposed to make twice the move of SPY? So if SPY fell to $45, a 50% fall, shouldn't SSO fall 100%?

The ES is considered "slow moving?" :eek: What is considered "fast moving"???

So in trades 1 and 2 you couldn't have entered until the first tick of the candle following the signal, right? I'm a bit confused because of where you have your arrows located. In other words, the hammer, for example, you didn't know it was a hammer (definitely) until the next candle began to...

Not sure what page 53 is cuz I changed my setup to show 30 posts per page. I got tired of having to click "new page" hundreds of times per thread :) (edit - this reply right here is the first one on page 12 for me :D ) According to what you said, "buy when price makes a higher high," that...

1) what is a trader vic 2B? 2) you label some points as obvious entries; how did you know price would reverse at those points and not continue further in the direction of the trend? I see price blast through HOD and LOD all the time. How did you know price would reverse there thus labeling...

It's funny. Right before that spike I was thinking how perfectly BBand fading would have worked today. But that's bad. I need to stop thinking about indicators.