ES Journal - 2012
- Thread starter Buy1Sell2
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see how it adheres to lines
So, it`s an automated HFT scalping system based on trend lines?
I`m confused as to how the signals can be THAT fast when you`re posting 60 minute charts. Please elucidate me.
And this is where the questions (and answers) end...
tl's are drawn by a human eye.
The various timeframes are to confirm lines.. Go a few posts back to gore factory link, it spells clearly what the system is about. Basically I'm always on the correct side of market direction. The lines elucidate the points where I choose to battle. That's why I have no basis in direction of price movement it's how much price chooses to move away from my s/r line.
The battle is done by algo using market orders.. That's the only HFT aspect of it. Getting better fills reduces my transaction costs.. There are algo out there that sense when my algo is at work, and I've seen vol fans emerge from those points. I've had to shut the algo down when I see I'm noticeably being picked off.
eur/usd maintaining it's tight up-channel and now triple-topping on the hourly.
still a cup and handle on the hourly.
still a cup and handle on the hourly.
FBO of yesterday`s low. Snapped right back up.
Possibly looking to go long from here.
EDIT: Reversed at the overnight high. Stalking an entry here, but not having a conviction one way or the other yet.
Possibly looking to go long from here.
EDIT: Reversed at the overnight high. Stalking an entry here, but not having a conviction one way or the other yet.
standing on my stop level from yesterday. may need a burst to pierce 1412.
never know what soundbite for "the end of the world" is coming next.....
never know what soundbite for "the end of the world" is coming next.....
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