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Ok, so when the contract moves from 98425 to 98450, it has moved 25 points? No, of course not. The decimal point is assumed.

I hope the web site was free. It was. ...he had a now-bankrupt website for beginners... He said the webhost went bankrupt. His site was simply a bunch of good info posted for beginners; not a business of any sort, nothing there to go bankrupt. I suspect that many more beginners got...

Yes, it seems to be a real issue. Happened to me twice today. From IB: Dear Trader, IB will reinstate your position and bust ( cancel ) the __ trade sell at __. IB is aware of the situation and is working to resolve this issue as soon as possible. I apologise for any inconvenience...

hi protein suppositories? :eek:

But then again, you know how the monster/psycho killer always comes back one more time after you're supposed to think it's dead...

None of my rules have been working the last few days, and not just the ORB stuff. It's been a little discouraging, but aside from some adjustments to details, I don't think my rules are invalid. More like this market is invalid. The NQ the last few days has been acting like a zombie...

When I started looking at the ORB strategy, I did not get discouraged by the recent lack of successful ORBs because early on I began to incorporate ideas from my earlier work, from things I’d learned elsewhere, and from things being discussed here. So almost from the beginning, I had various...

But then I didn't buy that afternoon breakout. Looking back at my charts, I realized that was the first case of buying an afternoon BO like that. There were other pm BO's, but they were passed due to other pre-existing rules, and one was taken but after retracement, again for reasons of an...

I was a little ticked. I did get back in time to watch the retracement under the mid-day range, and my rules, strictly interpreted, triggered a short at 1075.50 (about 2:52). I was complacent I guess, and part of why I didn't take it was due to the daily avg range. But that's dumb because...

What I mean in this particular case is entering above the lowest high, deep inside the "V" of the second half of the W... Thanks, thought so. Just to clarify for anyone who might misread your comment (and correct me if I'm wrong), but in this case "lowest high" refers to a single bar high...

It's downright liberating.

Whether you buy the inside low... Db, by "inside low" do you mean buying a break of the high of a down bar that makes second low of the double bottom (like T's 2b entry)? ______ I know it's not in the ORB context, but for redzuk I would point out that on the 3min chart this double...

Interesting to hear. I think one of the reasons I've soured on retracements so much is that I'm used to T's method of trailing the bars tightly, usually by just one tick. From her perspective, she wants to get in early with very tight stop-loss and then look for thrust after the fact, bailing...

How do you enter? Stop-limit above the retracement bar that finds support? Do you trail the retracement bars with an entry stop, or do you wait for evidence of thrust and enter at market/limit?

Sounds good. I got the reversal short, so refreshments are on me. Re: an example of my not taking a secondary BO if support/resistance hasn't been demonstrated outside the OR, I thought I had a couple of good examples, but looking back over them there's other factors going on. Today has...

Under my current rules, I will not immediately enter a secondary BO after a stop-out loss unless support/resistance is demonstrated outside the OR on the retracement. Could you provide an example? Yes, I'll try to get to that later How do you feel about the chatroom here? Not sure...

Ah, I see. What do you have in mind? Different folks posting their trades based on their version of "the system"? One person posting trades deemed to be legitimate per the posted rules? Or just a different place to post where it would be appropriate to discuss specifics and to focus on a...

What would be the advantage of posting in 2 places?

It may seem as though you're locking in a small loss, esp if you end up re-entering very soon thereafter... Under my current rules, I will not immediately enter a secondary BO after a stop-out loss unless support/resistance is demonstrated outside the OR on the retracement. I may end up...