Search results

I know nothing about that stuff. During FOMC the entire WEEK gets messed up? Or just the one day/time the announcement is made?

For anyone doubting by "YM has 20 points noise" comment, look at the chart that JUST happened. This is a 2 minute OEC chart. Price jumped down over 20 ticks instantly. There was no smooth fill on the way down. It JUMPED down. Check the order flow. I managed to grab 2 quick screens of...

What's the best method to do that? Some people say looking for HH/HL or LH/LL. Others say to use a MA of [insert number] periods. what's a PB? My live futures account has ~ $10k and 2 contracts is too much risk (unless I was to use super tight stops, which is impossible with the YM...

I should have specified; I was talking about the YM DOM.

What is his reasoning for saying you should buy/sell at prices with low historical volume on the DOM? Also, watching the vid of his DOM... it updates like once per second... is that normal? When I watch my DOM, it updates like 50 times per second, which is why I say DOM moves too fast for...

You didn't really answer my question. edit - unless you're suggesting to randomly take a position and just not close it out if it goes in your favor... :/

so what caused this huge instant rally?

I placed one trade today but my OEC demo software messed up. The entry arrow was placed on the wrong candle at the wrong spot, and then it randomly closed out my position a few minutes later. Even tho it was profitable, I allowed for far too much drawdown. To be realistic, I cannot allow...

I do not understand this. How are "determining future direction of price" and "being profitable trading" mutually exclusive?

speedy recovery. Good lesson on the insurance. I've been on COBRA for the last 6 months and it has paid for itself numerous times during this period so far.

I have a complete inability to understand news releases. Was this related to news or something?

I wasn't trading, just watching, but I glanced at YM and holy shit, tall bars ftl

True.

Not sure I entirely followed your fortune cookie logic there. Are you saying I need to define price action? I was asking that in the first post of this thread.

Very similar. I think with tick charts it matters where the data starts. SC is using OEC's data tho so the raw data should be the same.

Do you know if it's possible to save these videos so I don't have to stream 66 min of data every time I want to watch it?

Also, in my years at ET, I have never used my ignore list until this thread.

In for info about this. DOM looks like random noise to me. I don't see any patterns. The movement appears to be random. To make things even more confusing, I see price jump +/- 5-10 ticks at a time on the DOM when there were bids in between. Plus, it updates so fast! Even if there was...

What exactly do you mean by "bar" graph? OHLC bars? They're the same as candles basically.

OEC feed through SierraChart. 1000 tick chart on YMH9.