SunTrader

I've always used timing in terms of TIME. I.E. time of the day, week, month and cycles dynamically calculated.

The "Truth" indeed. :doh:

I am not aware of whether the Hang Seng and Nikkei 225 in particular work the same as other index futures but believe they do in so far as they trade above or below fair value to their indexes and then converge upon expiration. You might be able to find more info by checking their respective exchange websites: http://www.hkex.com.hk/index.htm http://www.ose.or.jp/e/index.html

Options and futures based on the same underlying market are never the same price. And depending on which market some options and futures expire at the same time while others have different expirations.

I didn't catch the move (was watching other markets) so this is monday morning quarterbacking on my part but another way to look at brownsfan's triple top would be to use Trader Vic 2B pattern where after a market breaks out to new higher high then fails to follow through go short on close below low of HH bar.

I think you understand when you say "although it is on a case by case basis" and if you consider that when looking at whatever price stock you might be considering then OK. Otherwise there is no reason using price alone a $5 stock has better growth prospects than a $100 stock. Look at GOOG at $650 comparing to GM at $23. Which has greater growth potential. Now whether that greater growth potential turns into stock appreciation is another story. I trade and invest only through an IRA and use very little funnymentals in my analysis but if I did the current price would be looked at after all other factors were considered. I trade short term using TA so price is the first thing I look at.

Why, is it the belief that a $5 stock has less far to drop? Price should have no bearing on whether to invest in it or not. For laughs take a look at BRK.A - Class A stock of Berkshire Hathaway Warren Buffett company. Trading around $135,000 a share. Out of range for most people to invest in. But if they had, a return of 25-50% from this time last year would have been possible depending on entry/exit. But some who had a few 100's thousands might say, yeah but I can "only" get 3 shares.

What platform allows for seconds? Realizing 540 seconds = 9 minutes of course.

Ticks determine the size of the bar, not the shape. In-other-words a 610 tick (or any other number) bar can be a either OHLC bar or Candlestick. Doesn't matter.

Ticks charts take the time equation out of the picture. A 610 tick on the ES mini S&P covering the overnight globex session may have between a few to maybe a dozen price bars - the timeframe being twice as long as the day session itself. Then during the day session there is generally 200-400 bars.

I'm sorry but although you might know a lot for a 21yrs old and your father at 50yrs old may be naive about the markets - you are not the one to tell him how to trade/invest. He has earned the right to do as he wishes. Continue on your trader path if you are successful but keep it seperate from what you dad does. Money can destroy relationships if you let it and that would be tragic.

Suri is one of the good ones. Now if only he would release his RangeBar indicator for TradeStation. Maybe issues to workout with TS first. Waiting im-patiently.

Actually I did hang at SI Silicon Investor which is real ghost town now. I think they started about '96 but I didn't come across them till late '97 (?)

Well you seem to be selective in your reading therefore your judgment in me being critical. I started my reading of this thread at post#1. As far as how long I have been trading Full-Time, before there were such a thing as trading forums (mid '90's).

No thanks done the trading room too many times and look at it just another distraction. Fine for others I know. My question was related to your above answer to get a better broker when the discussion centered on ecbot going down. Globex has not been immune to such problems either although not to the same extent as ecbot. An equity account to use ETF's would be the same situation as having additional funds in a futures account to hedge YM/ES. Whatever the backup plan, one is needed.

Do you trade futures at all?

The move that hasn't happened yet is the YM to Globex. ER2 is a whole other situation.

Hedging ES with YM or the other way around might not be possible if YM gravitates over to Globex. Might have to consider ER2 on ICE although they don't match up as well.

Not to mention there are also traders at screens right off the pit itself that are arbing the big contract with the emini continuously.