Search results

Here is simple price action. In an uptrend, price makes higher highs and higher lows. In a downtrend, price makes lower highs and lower lows. When price fails to take out a low in a downtrend, it's time for either a reversal to the upside or a consolidation. When price fails to take out a...

I have my own trading plan. I use: - Fibs - Candle signals - CCI - (trying to see if I can incorporate $TICK)

nice colorful java app..lol unfortunaly i only took beginner italian and i dont know half of what they're saying.

Here are some simple examples of divergence: Price makes a higher high but $TICK makes a lower high. This is a bearish regular divergence. Price makes a lower low, but $TICK makes a high low. This is bullish regular divergence. Price makes a lower high, but $TICK makes a high high. This is...

And you know that "something" to $TICK that the guru didn't?

I am using a 5-min $TICK chart under a 5-min ES chart. Works alright. I'd say about 68% good signals.

Really cool piece of software. Thanks for the link.

The floor noise?

From TrendFund site: Weeks recap ES +2.25 to +10.25 depending on the exit you took on each play. NQ +7 to +12 depending on exit on each play ER -1.1 to -2 depending on exit on each play YM -2 to -3 depending on exit on each play Doesn't look too impressive. Moreover, this looks...

Does anyone here trade with $TICK divergence? I have been papertrading it for a week or so with good results. For those who do, are there any other indexes you guys look at while daytrading the ES, YM, NQ etc. etc. other than $TICK

What did you exactly find "powerful" about it? When I used it, I found it to be just another charting program. None of those special proprietary indicators were any better than the mainstream RSI, MACD, or Stochastics.

thanks, that looks interesting.

Excuse my ignorance, but which indicator is it exactly that you use to measure volatility? Larry uses the term "volatility" but he's actually talking about range breakouts. thanks.

Just reading thru "Day trade futures online" by Larry Williams and he mentions "volatility breakouts" and "range trading." From his writing, I can see this guy's into 100% mechanical trading although he takes his time in refining a system and that's always good. Because the book is old, I...

Sounds good, I'll give it a shot as soon as I've configured my Gentoo system.

I feel both angry and sad when I see that without any applications running Windows XP is using 10% of my CPU and 300 MB RAM. However, as far as trading is concerned, these are a couple more emotions that have to be kept in check. Unfortunately, tradestation or ensign don't come for linux/bsd...

Which linux will you install? Do you have any previous experience with linux? Although linux has come a long way, but it still has dependency problems. If you have you feet wet in a unix-based environment then I'd suggest going for Gentoo. As a matter of fact, if you are good with...

Ehh.. I guess I'll try forex. I asked for somthing that has good range but doesn't move with INDU, SPX etc.

Again, try to learn price action. No matter how much you refine any indicator, it will never lead the price, it will always lag. Price is the only perfect indicator. Learn to read it.

Yeah you can do just as well with free mainstream indicators that come with every charting software. If you want to pay for something worth the money, I'd suggest trying nexgen.