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There’s an old French adage—“little by little, the bird builds his nest.” I didn’t want to believe my mentors when they told me that it would take years to learn to trade. 3 years later, I believe it. Armed with a good plan, high probability methodology and indicators, I still often...

other sources for new high/new low data: Reuter's http://today.reuters.com/investing/MarketsAdvDec.aspx WSJ http://online.wsj.com/mdc/public/page/marketsdata.html?mod=2_3000

Another alternative--hide yourself offshore. I hear place like Canada and Great Britain have lovely medical systems that are absolutely free! Riskette, MD

I have also been looking for something similar, and can't find it. But, this looks promising http://www.qlock.com/pro.html . You can add your own notes to each time zone with the hours of the various exchanges. If you don't want to use monitor space you could use these clocks...

"Anyone know why the selloff at 3pm?" more sellers than buyers

I liked "New Frontiers in Fibonacci Trading: Charting Techniques, Strategies & Simple Applications" by Michael Jardine

I use InteractiveBrokers data feed which is free and great for daytrading. As I mentioned, I use TS and Genesis mainly for longer term charts and things that Ensign doesn't have. Genesis has Committment of Traders data, for example, and very long term continuous contract data for any futures...

feb2865, Ensign does this easily (see pic). You can completely customize many of the parameters on stochastics and other studies. From the properties window notice that you can color the price bars based on zones of OB/OS. You can do so much with this program that it is hard to know where to...

travis, 2 things off the bat: 1) Average True Range of a shorter time range will likely be smaller in the second chart; 2) Momentum indicators will show a big difference (RSI, MACD, ergodic, etc). Again, you might have to go to a smaller time frame. Also, looking at the action of the...

Dear Stocktrader1985, I don't know your system but make sure you have accounted for survivorship bias in your backtesting. "Survivorship bias is the tendency for failed companies to be excluded from performance studies due to the fact that they no longer exist. It often causes the results...

Osteve, Different multiples of the standard deviation of volatility will give you different levels of confidence in how likely the stop level is signaling a real reversal. In my simplistic mind I think of it this way--if I use a stop based on 2 standard deviation multiple of the 2-bar ATR, then...

article didn't attach. Trying again. BTW you can find the article and others for free on her web site. http://www.kaseco.com/support/articles.htm this one is called "Setting Stop Losses Using Price Volatility"

Travis, I think the ideal system would incorporate different options for taking profits. A hard target based on support/resistance, or a hard target based on a known high probability profit amount, or an exit based on change of momentum signalling a reversal, or a trailing stop, or a time stop...

the interview is still on thestreet.com www.thestreet.com/video/cramermarketupdates/10329438.html

seems to be spotty. I can log in easily from one of my accounts but not the other. California

In my opinion, bracket trades in IB work great. It's easiest to do in Book Trader, but they can also be placed on the main trading page. Also, you can change the target and stop loss prices once you are in trade. watch the archived webinars on the InteractiveBrokers web site on Book Trader and...

You're probably right. Still needs to be fixed though.

I use both Tradestation and IB on a daily basis. I have had many, many more problems with Tradestation data than with IB's. I agree the issue is that if you are treating trading as a business, you must have backup and contingency plans for data as well as all of the above. I DO have 2 (or 3) of...

john47, great post. thanks

I'm new to using Mark Fisher's ACD methodology from his book "Logical Trader," but it looked like a late day point C pivot trade in crude today. Trade pushed down from the opening range, made a new low, then traded back up through the OR and through the pivot range late in the day. I guess it...