Search results

  1. oraclewizard77

    CL Redux

    No trades. Market not moving. Stuck in a 4 tick range, and not worth my time or effort. Will wait till market resumes later and/or trade on Tue.
  2. oraclewizard77

    2011: Rebuilding My Battered Account

    This is the dumbest post here. There was a previous post that was right on the money. A trader is not a fighter in the ring. It would have been better to either set a target and stop and go away, or go away before putting another 50 contracts on the line. If I could punch someone and...
  3. oraclewizard77

    CL Redux

    Made 7 ticks, should have made 10 ticks. Remember with low volume its better to not do market orders, do limit orders to get in and out of the trade. It may also be better to have a price alert stop rather than a hard stop due to this slippage of 3 ticks. Trend was up (I consider up being...
  4. oraclewizard77

    CL Redux

    CL is being tricky today. ES is in uptrend. CL seems to be in an uptrend but not as defined. At minor resistance, which was slightly breached to upside I was watching my indicator for a short entry, but was too slow, and we got an engulfing red candle to the downside. At this point minor...
  5. oraclewizard77

    Trading "Secrets"

    True and so hard to do even when one has an edge.
  6. oraclewizard77

    A simple price action approach

    Note the indicator I use with non standard settings is called NiinjaPriceAction.
  7. oraclewizard77

    A simple price action approach

    Finally, a good question, which I will answer. Ninja Trader already has an indicator which will create HH. LH, LL, and HH for you. This is extremely important for me since I don't have to depend on my own human judgment to create them. Also, since its already on the chart, I don't have to...
  8. oraclewizard77

    CL Redux

    I traded poorly but still made a small profit. I previously went long with current trend (overall trend was down, but current trend was long after market made a final low) and indicator (was bullish) on a small rise above resistance, but it was not a full candle. Market went down...
  9. oraclewizard77

    A simple price action approach

    I see the main difference in how some of you trade. You seem to be drawing major trend lines, while I only draw minor trend lines plus support and resistance lines. That is very interesting. However, with my indicators, the minor trend lines for me are more important.
  10. oraclewizard77

    A simple price action approach

    Might be easier if you create a little arrow on where you think the trade is, and then I am willing to comment. Otherwise in real time, I might have gone long the engulfing candle if I was watching the chart at that time or the re-test of the moving average. Of course these charts don't...
  11. oraclewizard77

    a trading problem for mathematicians

    Why don't we give some real world examples that might actually help traders. 1) Let's assume for sake of argument that a support or resistance working is only 50%. So using this alone does not give you a good enough edge to win at trading. 2) Let's assume for sake of argument that a break...
  12. oraclewizard77

    Forgotten the administrator account pw

    Assuming this is a Windows system. 1) If its Windows Home, you may be able to bypass using Safe Mode. 2) If its Pro, you can take it to a Computer Repair shop that can reset the password, or if you have the Linux Password breaking CD which should be more expensive than what someone charges...
  13. oraclewizard77

    Is IB designed to just feed liquidity to Timber Hill?

    Fine, then answer this question which is more important: Does IB or Timber Hill trade against IB clients. For example, are on the opposite side of the trade, and do they or you see the stops and targets?
  14. oraclewizard77

    Create EA without coding

    It looks like it does compile the code. At that point, I could go through the code and make changes before making an executable file. I would assume this would help me learn the code easier than starting from scratch, and reduce the time needed to get my strategy up and running. I would...
  15. oraclewizard77

    Create EA without coding

    This does look interesting, but I would need to try to recreate my setups from NT. I wonder if you can also set times when not to trade like for example skip lunch time. I would assume you could modify standard TA code to add non lagging code. This seems extremely interesting. I wonder...
  16. oraclewizard77

    Wisconsin Supreme Court reinstates collective bargaining law

    I guess in Texas, they don't teach you how to read and comprehend what you are reading. To put it in stupid Texan terms so you will understand the article. "Now the Govenor elect has both the consensus of the people and a mandate from the courts. This is a great thing for the tax payers...
  17. oraclewizard77

    Blackjack player beats 3 Atlantic City Casinos for $15.1M

    When I was counting cards, I once knew a 3 was coming when I had a 17. I hit on a 17, and before they let the card come, the dealer cleared it with his pit boss or whoever it is that is higher than him. A 3 came, and I won the hand. I felt the 3 was going to come this was not from counting...
  18. oraclewizard77

    CL Redux

    I think NoDoji is a better trader than me for 2 reasons. 1) No fear. No fear of letting a trade run to a target. 2) Does not revenge trade against a trend. So to be at her level, I will work to solve these issues. One of the main things I need to correct which I just wrote in my...
  19. oraclewizard77

    Brain

    I did 3 trades today. 2 losers, 1 winner for a net loss of $ 30.00. My other days were profitable. I stopped trading after 3 trades since I was feeling confused. I think this was related to a possible bacteria infection since it was not just trading I was getting confused about...
  20. oraclewizard77

    1 PM per TEN MINUTES?

    10 min is fine. Just give your e-mail to someone you want to communicate with. I have traded both e-mails and telephone numbers with real traders that I met here. PM is a means to control who you want to start to communicate with.
Back
Top