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I'm using 500 tick YM charts because it tends to print one candle every 1-4 minutes. I don't have a giant account, and so if I were to use larger bars, such as 30 minute bars, placing a stop below a previous swing low, for example, would consume too much money if it were hit. On 500 tick...

I was going to say exactly what college_trad3r said. OHLC bars and candles give you the same exact info. I prefer candles because I was exposed to them first. nkhoi, please tell me the difference between using candles and using OHLC bars.

I'm sorry my friend that's a bit too cryptic and fortune cookie for me :p

Isn't the other alternative attempting to pick bottoms? You either wait for confirmation or you anticipate. I don't know another option.

I listed my entries on the image. Stops for longs are below previous swing lows. TP is whenever price begins to come back down. I haven't found a way to use fixed TP values that I feel comfortable with. Plus, fixed TP values limit gains.

what was your profit taking criteria?

So are you saying disregard HH/HL or are you saying keep them but add more filtering criteria ? Thanks, that's super helpful :D

Down $280 after commission this morning on two trades. Both times the same thing happened: HHs and HLs, uptrend. Buy after an HL and upswing is resuming. Both times, as soon as I bought, price immediately reversed making a LH and then went down to stop me out with a LL. What is...

Thanks for that link. I must be super dense atm tho because I'm not seeing a Custom Indicator Library Manager anywhere.

Cool! How's that work in chop, tho?

500 tick candles? If you want to be super nice, please put 20,2 Bollinger Bands on it. I need to see something. I had it saved on my computer but my charting program is not being cooperative with historical data at the moment. Thanks!

I have that plugin. Once I go to File --> New Custom Indicator, where do I paste the EL code? Or am i doing it wrong?

How are you guys using EL code in OEC? I tried it a few times before and it didn't work. <hr> Moderator's comment: You can get more OEC help here: http://www.elitetrader.com/vb/showthread.php?threadid=141236

Not to mention when tax time comes you'll have one P/L line to fill out rather than listing each individual trade.

I decided to try "pyramiding up" my positions since ET seems to think it's the holy grail. I did some calculations and, if you actually catch a trendy, it will make substantial amounts of money (it also seems like in choppy markets you will lose more than usual). My first trade I entered in...

Heading to the dr now but this evening i will post my analysis and trades today.

^ Nice vacuum tube! I hate wires, too.

I had this question, too. I got KFT shares as a dividend payment from MO a few years ago. I sold them, but I'm left with like .148 shares of KFT in my account that I cannot get rid of, and the people at Scottrade don't know how to get rid of them, either. You obviously can't sell a fractional...

You need better desktop wallpaper, tho :p What size are those wide screens mounted above you?

Rock on. My speakers are behind my monitors and didn't show up in the pic. Sub is on the floor. Can't have a computer without good sound :D