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  1. 1

    Big down move today. What's next?

    Price is going back up! It appears to have bounced off a trendline. Monday's low and today's low both touched this trendline. I wonder if this was just a coincidence or if that was a legit trendline bounce and price is going to go up for a while now.
  2. 1

    Could this SIMPLE thing improve the odds of making money?

    False. Casinos set a maximum bet limit at the roulette table, effectively having control over the size of bet placed. This prevents people from being able to martingale indefinitely (assuming a large enough bankroll) and combined with the 0 and possibly 00 spaces gives the casino favorable...
  3. 1

    "The only way to trade with Fibonaccis" journal

    6/25: Open positions: SPY: -$976 SH: $56 Net for this trade: $550.64 (estimated dividend payment) -$920 (net SPY/SH position) ----------------------------- -$396.36
  4. 1

    Futures Currency questions

    How's the volume? I haven't looked at them in years, but a few years ago the volume was really low and the spreads were a lot wider than one tick.
  5. 1

    Parabolic Sar Strategy

    That was vague. You should start a Journal thread where you make live calls using SAR and ADX. I would follow it.
  6. 1

    Futures Currency questions

    I didn't know this. I just Googled them and found these: FXB - pound (avg 30k daily volume) FXE - Euro (avg 1.1M daily volume) FXA - Australian dollar (avg 292k daily volume) FXY - Yen (avg 220k daily volume) FXC - Canadian dollar (avg 78k daily volume) Those are all around $100 or...
  7. 1

    Futures Currency questions

    Yeah. Some Australian brokerage I read about on here has a micro S&P where each tick is also $1.25 instead of $12.50 like on the ES. Unfortuantely they don't offer accounts to Americans. I think that would be a great learning/practice vehicle for people who want to learn to trade but don't...
  8. 1

    stockcharts.com shows incorrect prices? Screenshots inside

    I meant to attach this one. Whoops.
  9. 1

    stockcharts.com shows incorrect prices? Screenshots inside

    Open up a daily chart with SPY going back a year. Look at 8/31/11. stockcharts.com shows the high as $121.12. Yahoo finance also shows the high as $123.51. freestockcharts.com also shows the high as $123.51. edit - I uploaded the wrong image, hang on
  10. 1

    Big down move today. What's next?

    That stockcharts.com data from that chart doesn't match data from another feed I got. Weird.
  11. 1

    Big down move today. What's next?

    Will price break out upward or downward?
  12. 1

    Futures Currency questions

    Cut the guy some slack. It can be hard and sometimes frsutrating to find good info online. The currency futures are much safer than Forex for the following reasons: 1) the futures market is regulated 2) your futures broker does not trade against you 3) your futures broker does not...
  13. 1

    Big down move today. What's next?

    A little bounce up today from yesterday's big down day. I wonder if this is a) the start of a rise back up, b) just a pullback in the downtrend, or c) the beginning of chop.
  14. 1

    "The only way to trade with Fibonaccis" journal

    6/22: Open positions: SPY: $736 SH: -$336 Net for this trade: $550.64 (estimated dividend payment) -$400 (net SPY/SH position) ----------------------------- $952.64
  15. 1

    Parabolic Sar Strategy

    Your poll choices don't make sense. Parabolic SAR is a losing strategy. You can backtest it with all possible parameters and, over time, it won't make money. It works in trendy environments. If you can predict ahead of time when price will be trendy, you will have the holy grail and able...
  16. 1

    "The only way to trade with Fibonaccis" journal

    6/21: Open positions: SPY: -$80 SH: -$161 Net for this trade: $550.64 (estimated dividend payment) -$241 (net SPY/SH position) ----------------------------- $310.64
  17. 1

    Can someone please explain to me...

    People who think it's going to go higher. People who were short from an even higher price a few weeks ago taking profits. Shorts who got stopped out.
  18. 1

    Big down move today. What's next?

    Predictors, do your thing! I wanted to make this a public poll but I didn't see that as an option.
  19. 1

    "The only way to trade with Fibonaccis" journal

    I should've bought more SH yesterday!
  20. 1

    "The only way to trade with Fibonaccis" journal

    6/20: Open positions: SPY: $2,352 SH: -$721 Net for this trade: $550.64 (estimated dividend payment) $1,631 (net SPY/SH position) ----------------------------- $2,181.64
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