YM Traders

[Ripley]

Lets take out yesterdays highs.. there.. it did.. now.. next up is R2..

 

[lilduckling]

thanks nkhoi...... its not i tight range.... but still a range nevertheless

 

[mhashe]

Quote from Ripley:

Bad day for position, swing traders due to the lack of any followthrough. But, OK day to be scalping for half points.

The gap up caught a lot of shorts with their pants down. I covered my position in the overnite session, tried going short again at 10950 towards the end of the day and got killed. Looks like we'll have another tough year ahead.

 

[mhashe]

Quote from Ripley:

Bad day for position, swing traders due to the lack of any followthrough. But, OK day to be scalping for half points.

The gap up caught a lot of shorts with their pants down. I covered my position in the overnite session, tried going short again at 10950 towards the end of the day and got killed. Looks like we'll have another tough year ahead.

 

[joecgoodman]

Quote from nkhoi:

range; so you buy bottom/sell top, check out the flat MA

Very helpful picture, nkhoi. Which MA (# of periods) are you using on that 3 minute chart?
Thanks.

 

[nkhoi]

it is bw of ma, 34bwma it is a little smoother than 34ema, included is regular 34ema for comparison, for more info on bwma read kiwi post, http://www.elitetrader.com/vb/showthread.php?threadid=53349&perpage=6&pagenumber=2

ps. 34ema is whilte

 

[joecgoodman]

Quote from nkhoi:

it is bw of ma, 34bwma it is a little smoother than 34ema, included is regular 34ema for comparison, for more info on bwma read kiwi post, http://www.elitetrader.com/vb/showthread.php?threadid=53349&perpage=6&pagenumber=2

ps. 34ema is whilte

nkhoi,
I've heard of
simple MAs, linear weighted MAs, exponential MAs, smoothed MAs, weighted MAs, Adaptive MAs, Trianglular MAs,
and even f#%@ing MAs, but I've never ever heard of a bwma. Does BW stand for binary wave? I had to google for 10 minutes just to come up with that.
Thanks for the comparison picture.
Caio,
Joe

 

[Pekelo]

Quote from Ripley:

Bad day for position, swing traders due to the lack of any followthrough.

Eh? Perfect day for swingtraders, my Bollinger gave 6 valid and 1 false signal. Should I post the chart?

Oupps, I forgot, I am not supposed to mention BB here, so I will just keep it to myself....

 

[joecgoodman]

Quote from Pekelo:

Eh? Perfect day for swingtraders, my Bollinger gave 6 valid and 1 false signal. Should I post the chart?

Oupps, I forgot, I am not supposed to mention BB here, so I will just keep it to myself....

Not suppose to? That's screwed up. I'm pretty sure you're allowed to post bolinger bands upon request. Pekelo, would you please post your picture of 6 vaild and 1 false signal on your bolinger band chart please? There's your request. Now it would be poor manners not to post.

 

[Ripley]

Post the chart Pekelo.. don't let that old bird jack get into your head.