very well
How do you determine trend direction?
- Thread starter jpvil123
- Start date
If you are referring to me, Sunny, read the freaking post. Thanks for an insightful comment. Your chart is really cool with its lagging indicator and funny straight lines.
Anyone that can daytrade using a 1min futures chart successfully has money coming his/her ass. Something tells me Sunny's ass aint green
Well youngster my indicator caught all THREE trends that day and yes it lags by all of a bar or two each time. Terrible. And funny straight lines were just to emphasize, for those clueless, like yourself the actual trends of the day. Nothing to do with the actual location of the bars.
But you are insightful realizing that I was talking about you and your ridiculous comment about using 300 second bars on a day that only went ONE direction.
Good luck with that.
BTW ask freaky deaky what does ... money coming his/her ass mean... ? Because I'm not into asses like some others. But I am into trading - close to 20 years.
Glad to hear that you're not into asses, even after 20 years. Even more glad that you managed to catch all three thingies that day using your odd little 1 minute chart with the helpful directional lines (exactly when did you draw them?) and crisp, tunable indicator. Truly a masterful and yes, insightful, performance.
But wait don't tell me. With consummate insight I believe I have figured out that the funny straight lines were for instructional purposes only.
In contrast, correctly drawn trend lines can be used in real time to tell you when to hold and when to exit or reverse. Incroyable. These are mind-bending revolutionary thoughts that have only been around for the past 80-90 years.
In contrast, correctly drawn trend lines can be used in real time to tell you when to hold and when to exit or reverse. Incroyable. These are mind-bending revolutionary thoughts that have only been around for the past 80-90 years.
You trade a 300 second chart and a 900 second chart?
Does it sound better when you say you trade a 300 second chart as apposed to a 5mn chart or a 900 second as apposed to a 15mn chart?
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Believe I said I trade a 900 second chart and use a 300 second chart as an indicator. The reason for using seconds vs minutes is that with my charting software, which is Ninja Trader, if you use seconds for ETH and minutes for RTH then you can have both ETH and RTH in the same workspace. Otherwise you can't.
I use two workspaces - RTH and ETH, the former with 8 charts the latter with 10 charts. Time frames are 30, 15, 5 for ES and 30, 15, 2 for YM then 1800, 900, 300 for ES and 1800, 900, 120 for YM.
I use two workspaces - RTH and ETH, the former with 8 charts the latter with 10 charts. Time frames are 30, 15, 5 for ES and 30, 15, 2 for YM then 1800, 900, 300 for ES and 1800, 900, 120 for YM.
That I use as well.