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trader273
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Posts posted by trader273
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Dont really follow, what do you mean refresh? Tradestation is in realtime.
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What are you guys talking about? This is really easy to do. All you need to do is get a Delorean, Flux-Capacitor, MR. Fusion and you are good to go. I actually saw a documentary, I think it was a 3 part series, and this guy, Dr. Brown along with his teenage sidekick accomplished this feat. Not sure if they have a trading website, but you can check it out. I know I have!
Here they are in action:
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Thank you for the indicator. However it will not give mr the lines.The values in the imput box consist of all "0".
Any ideas.
Thank You for your help.
Barry:)
Soultrader's indicator does not automatically get the High Low and Close for you. You have to type in those values where u see the zeroes.
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Why would you find that hard to believe? You don't know me. Isn't that the purpose of a forumn to help people for free?EXACTLY!!!! But the only help you are offering here is to sway people to pay $15k for some "System" or whatever you want to call it.
And what is the rep from DTN going to say?? Oh yeah, DTI is bad, don't buy their system and at the same time don't pay us for the data. Common sense shows that the more people that buy the DTI stuff the more that subscribe to DTN. So of course they are going to back them.
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Hope that limb doesn't break off...
, as I will gladly stay here and help with questions about DTI.
So out of the kindness of your heart you will stay on here and answer all questions pertaining to DTI, all for nothing in return. Somehow I find that hard to believe. Maybe if you would participate in discussions w/o having to do anything with DTI that would give you a little more credit here, but I think the moderator was right, this just another form of spamming. But hey, good luck :thumbs up:
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It is ALL about getting a good que position.One great feature about Trading Technologies X_Trader is the EPIQ Column - Estimated Place in Que.
Im curious, could you post a screen shot of what this looks like?
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I dont have the slightest idea about wave counts or any of that stuff. Anyways, looks like that resistance level + candle pattern was pretty powerful today. Now where/if/when to take profits is a whole other topic.
Candles can be a very simplistic, yet powerful system for daily charts. Intraday, well that's a lot different.
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Hi all,Can some one tell me what do we mean by range in the above formula
Range is simply the HIGH-LOW
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It always important to use candles in context. The day finished about a spinning top, that in itself is not that important. Now taking a quick look at the daily chart ( I use the INDU) you can see that price is at resistance so that might give me some more credence to this spinning top. Of course, depending on how/when to enter, where to put stops, and where to take profits is the real trick. Candles are just part of a trading plan.
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Info on trading is pretty general. Are you looking for technical, fundamental, day trading, swing trading, position trading, etc..
One of my favorite sites is Brett Steenbarger's blog. You can spend hours upon hours going through all the older stuff.
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My hunch is that their breaking order sizes into "small", "medium", and "large" (such as 1-10 = small, 10-50 = medium, 50+ large, or whatever), and then doing volume at bid/ask for each.Wouldn't the use of iceberg orders really make this an inaccurate view? I dont know, i would be very careful of anyone selling something that looks like it actually can make money. If it could actually make money there's no need to sell it.
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So this guy supposedly has a Ferrari and yet he is selling his amazing system on Ebay? Cant even make a website? Of course the examples he posts are great in hindsight, but what about when there isn't a big move and this indicator is triggered? Didnt see any of those. Got to use some common sense here. If it was really the be-all end-all indicator why would he sell and for a measly $400 or whatever it was. I'd stay away and learn the markets yourself.
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Hi, folks,Market analysis seems to be the appropriate forum for this.
My question to all of you: what happened today at 1:45pm ET that caused the market to crash? At 1pm ET there were two reports on the calendar: 3- and 6-month bill reports, but the crash started around 1:40-1:45. I didn't see any volume spikes like I see sometimes before a big move.
How can all markets crash like that at the same time?
Thank you,
Bert
Crash:confused:??? A 19.25 range in the ES is a crash? Dont think so, nothing out of the ordinary today.
This is a crash:
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If I had to venture a guess I would say "Electronic". The prices between the pit traded contract and its electronic counterpart have different prices.
ex:
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Maybe you guys should give this guy a break. Maybe it just me, but I always give the benefit of the doubt to the people that type in giant fonts, that are bolded and italicized.
When it comes to posting I dont believe that less is more, i believe more is more. Different colors, fonts so big so I can read it from across the room. Thats a sign of quality poster.:thumbs up:
Oh no, I just realized I did no formatting, maybe I'll modify later when I can devote some time to it!
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Looks like it got over the highs. I guess this just shows how different entry methods have different outcomes. Getting in at the close will give you a better price, but more stops outs. Since we are going against the trend, I wait for confirmation. Now we have to wait and see if this move above the highs is a true move or a head fake. If its a true move I will wait for a test of this new support, if its a head fake I will be looking for a pattern to sell.
Also, something interesting to note is that neither Heating Oil or Natural Gas has taken out the highs. They might do it in the next couple days, but just something else to watch to try and put the pieces of puzzle together.
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Proof that good help is hard to find in Ohio these days, apparently....You just expected a company to drop everything and do something that one person asked for? Who knowns, maybe they'll do it. But to expect it to be done in a week or two is crazy. Yeah, they are going to release a new version of the software with one update because you asked for it. I don't know what kind of companies you are used to dealing with, but don't you think its absurd for you to be asking for an update already? Apparently not....
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Also, I think you have Nison's books. Do you remember reading about "crack and snap" and "Falling off the roof"?. If not, take a look. He talks about how to play these kinds of head fakes.
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The trade will not fire off until a successful close above resistance with strong volume (to show real money behind the move).So you are just looking for a close over resistance, not a candle pattern to confirm, correct? If that is the case, then I can see your bullishness. I personally wouldn't just buy if/when it closes over resistance, I would wait for a retest of that resistance, which would then be support, and candle pattern. If you look back, you can see some head fakes.
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Natty gas looks very bullish to me on the weekly.
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CL had an uneventful day. Not much movement and unable to take out yesterday's low. Heating oil and Nat Gas took out the lows, so I would suspect that monday the low will be taken out on CL. till then...
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Well I actually posted this so that people could attempt to answer what they see. I wanted to spark some conversation about what people saw and how if they were faced with this chart- what would their move be?How is this even an option? Shouldn't people using VSA come to the same conclusion? I do not see how one person could come up with a short, all the while someone else, using the exact same methodology, come up with a long, then another trader comes up with a stay out of the market. That makes no sense. I guess using this logic, VSA will always be correct. But the problem is that doesn't mean the trader using it will always be correct. If the same methodology can come up with exact opposite answers to the same question, it just shows that there is a major flaw in the methodology.
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Not everyone who contributes to the VSA thread "posts everything in hindsight". See MyBlog, below.As to whether a long wick signifies a dryup in buying or a rush of selling, that depends on whether the wick is above or below and whether all of this takes place at support or resistance or neither. If there is a long wick, then there has obviously been a shift in balance. If one wants to know who's in control, all he has to do is look at what happened to price as a result of all this effort.
What SunTrader describes, assuming I understand his post, is what Wyckoff proposes, that the rally off what appears to be a bottom may be smart buying, stupid buying, and/or short covering. If the latter two, the upmove won't be sustained due to the fact that shorts are buying only to cover and the stupid will throw their shares back onto the market as soon as things begin to go wrong (weak hands). He therefore counsels waiting for the test of that bottom in order to find out whether or not (a) sellers are really done and (b) there are any real buyers out there.
OK, I'm not going to try and pretend I understood that. Maybe if I spent some time on it I could figure this VSA stuff out, but what is the point? Make something complicated when it needs not to be?? That makes sense. I'll just stick to simple candle analysis since it works and many, including me, have shown trades before the move occurred. Why add all this other "information"? Markets are simple, it's the traders that feel the need to complicate things.
Candlesticks in Context
in The Candlestick Corner
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Here is how i view trading candles. The most important thing is to find the support and resistance. Be it Market profile, trendlines, etc. For the chart I attached i just used the highs and lows. There is really no need to examine each and every bar, imo. Just need to watch the candles when they are approaching what you have defined as support and resistance.