Price Action. Please clarify something for me

[stephenszpak]

Quote from stephenszpak:

Does anyone have a site that CLEARLY explains
ALL the types of orders. It should include the basic
ones including the 'negative limit stop limit order'.

-Stephen

I found this at good ol' wikipedia:

http://en.wikipedia.org/wiki/Limit_order

if someone has something better that's fine,still looking,

-Stephen

 

[stephenszpak]

Quote from nononsense:

How do you do this?

The only thing I can think of regarding the e-mini
would be a indicator based on a trendline. If the
market is going sideways, a horizontal trend line
would show where to go long at a support level.

It's up to porgie if he wants to give up his secrets...

-Stephen

 

[stephenszpak]

Quote from nononsense:

How do you do this?

nononsense

Regarding leading indicators:

VSTscalper also wrote on this thread:

When scalping....I also look at one other thing. I use J-Trader....which has the Accumulated Depth of Market for the Bid and Ask. When I see at least a 2 to 1 spread on the ACV....odds are the market will go in the direction of the spread.

-Stephen

 

[nononsense]

Quote from stephenszpak:

nononsense

Regarding leading indicators:

VSTscalper also wrote on this thread:

When scalping....I also look at one other thing. I use J-Trader....which has the Accumulated Depth of Market for the Bid and Ask. When I see at least a 2 to 1 spread on the ACV....odds are the market will go in the direction of the spread.

-Stephen

Thank you stephen.
I was perplexed by the claim of being able to turn a lagging indicator into a leading one.
That's something akin to a perpetuum mobile.

 

[illiquid]

Last I checked, leading indicators can get you broke as fast if not faster than lagging ones.

 

[1000]

Quote from stephenszpak:

Does anyone have a site that CLEARLY explains
ALL the types of orders. It should include the basic
ones including the 'negative limit stop limit order'.

-Stephen

negative orders are illegal

 

[stephenszpak]

Quote from 1000:

negative orders are illegal

This is indeed mentioned here:

http://www.ninjatrader.com/V5_Videos/NegativeLimit.html

It is a simulated order.

-Stephen

 

[1000]

Quote from stephenszpak:

It is a simulated order.

Please take into consideration that orders are not held over night.

 

[stephenszpak]

Quote from 1000:

Please take into consideration that orders are not held over night.

I don't see how this relates? Is this a general comment?

-Stephen

 

[1000]

Quote from stephenszpak:

I don't see how this relates? Is this a general comment?

Just trying to help. Everyday is a new start. Also filled orders depend on who or when someone/thing takes the opposite trade (i.e. not the one you think should be taken).