Steve46 and Hypostomus Debate Trading Strategy

[hypostomus]

Sorry, didn't mean to pry. Have always wanted to do that but it seems to be too much fucking trouble to do in E-Signal. 1558? I do not have predetermined S/R except for open, VWAP, and rounds. I basically play volume anomalies, S/R, exhaustion and breakouts, with a little help from block orders and oil. (Oh, and my dirty little secret is that I draw channels.)

 

[steve46]

Quote from hypostomus:

Steve, I counted 12 things that you watch. Do you put all that on one screen? I ask because periodically we have here "my setup is more complex than yours" contests. My old eyes, slow brain and stiff neck limit me to one screen on a simple (if fast) laptop.

Yes I do

I find that this is all that I can manage

 

[hypostomus]

Steve, good on the one screen. You don't watch oil? Chart the VWAP? Watch block orders? Draw channels? (Guilty on all counts here.)

 

[Thunderdog]

Quote from Mike805:

...What do you think 0f 1558?

Well, that was exactly 400 years before I was born. Despite this obvious significance, I'm rather impartial to it. Thanks for asking.

 

[Mike805]

Quote from hypostomus:

Sorry, didn't mean to pry. Have always wanted to do that but it seems to be too much fucking trouble to do in E-Signal. 1558? I do not have predetermined S/R except for open, VWAP, and rounds. I basically play volume anomalies, S/R, exhaustion and breakouts, with a little help from block orders and oil. (Oh, and my dirty little secret is that I draw channels.)

No worries. I don't consider it prying, I'm very open about what I trade from. Anyone can learn my strategies, I don't think they will make them money though unless they go through some very important mental processes. Making money is in the mind, not the strategy.

 

[Mike805]

Quote from Thunderdog:

Well, that was exactly 400 years before I was born. Despite this obvious significance, I'm rather impartial to it. Thanks for asking.

So would you buy or sell it

 

[Thunderdog]

Quote from Mike805:

So would you buy or sell it

Hard to say. My eSignal intraday data only goes back about 6 months or so.

 

[Mike805]

Quote from Thunderdog:

Hard to say. My eSignal intraday data only goes back about 6 months or so.

There's a chance the NQ may touch that year today ~ I'm betting on a touch, break and run through. Low odds, high payout, my favorite kind of trade

Mike

 

[hypostomus]

So you are big on S/R established from previous trading days or from longer term trend lines? Not much on that kind of voodoo myself, I have even stranger voodoo!

 

[hypostomus]

See how cordial ET can be? Without all those assholes who habitually harrassed Jack butting in?