Jump to content

Welcome to the new Traders Laboratory! Please bear with us as we finish the migration over the next few days. If you find any issues, want to leave feedback, get in touch with us, or offer suggestions please post to the Support forum here.


  • Content Count

  • Joined

  • Last visited

Personal Information

  • First Name
  • Last Name
  • City
  • Country
    United States
  • Gender

Trading Information

  • Vendor
  • Favorite Markets
  • Trading Platform
  • Broker
  1. Which is actually a very healthy thing to do. Sorry, I could not resist. Best wishes, TB
  2. If you use IB, this one is great. But it is not the only option, of course there are a multitude of brokers and third party feeds out there. Not all free though. Best wishes, TB
  3. Unless you're under 21 or live in India or it's an IRA or advisor/broker account, the minimum deposit is $10K. Best wishes, TB
  4. Although many people that use IB and the API visit this forum, you might be better off using the Interactive Brokers API Forum for detailed questions like that. Best wishes, TB
  5. Thank you . If I were to post I would most likely only add noise. The charts that are posted and discussions that follow is already more than anyone could wish for. True. What Branscomb did was conceive how to use it for system evaluation (normalization of expectancy, R distribution graphs etc) and then to give it a name - important in itself since that is what makes it possible for me and you to talk about it in a conceptual manner now. My comment was not directed to you Thales but to the writings of Van. I just think professional writers should give reference when appropriate, that's all. When they don't, they somehow imply that what they write is common knowledge and does not have an originator, or that they came up with the idea themselves. I don't know Branscomb, and he probably doesn't care - but I do. Best wishes, TB
  6. Van Tharp is an educator. He's done a good job at teaching and explaining R-multiples. He did not invent the concept though, and I always thought he should give credit where credit is due. The concept of R-multiples was conceived and developed by Chuck Branscomb. Sorry for the slightly off topic information . Best wishes, TB
  7. Edit: Maybe I misunderstood this... if the question is what would I do now if I was flat, the answer would be "wait".
  8. I had a look at amazon and thought I recognized the book cover. Sure thing, I have it right here in my bookshelf. Have I ever read it? Nope. I probably bought it on recommendation years ago, when I was in a frenzy researching mech systems. How ironic isn't that. Now for the real reason of this post: Happy holidays .
  9. If you are looking for FX data you can find it for free at Oanda/FXTrade. The data is bid/ask, going back to Jan 1, 2004 and is what was actually used for trading. You need an FXTrade account with some minimum balance to be able to get it. They offer five pairs (and of course you can create synthetic pairs from the ones supplied). To get some ideas on what constitutes quality data, check out High Frequency Data Filtering from tickdata.com. It is worth reading even though it was written by a vendor.
  10. Another option is to collect the data yourself and/or use a downloader. Years ago I used QCollector for that purpose with mixed results. It did permit you to download a lot of tick data unattended. Beware though, the data from your charting platform provider is not always what you would expect. If you choose tickdata.com, they offer something (that used to be) called "pick 15" and "pick 30". You get to pick 15 or 30 years of tick data in any combination of symbols/years, which is a less expensive entry point. Still pricey though. I have used them for several years and never had any problems. Service and support is ok. They used to deliver tick data once a month (if you have a subscription), now you get it every day after market close. There are cheaper (and more expensive options) out there. It all comes down to how important quality is to you, and what timeframe you are testing on. As always you get what you pay for. And to have any use of high quality data you probably need a platform that can use it in an efficient manner. Best wishes TB
  11. Don't forget to check how the chart trading functionality is implemented (client side, server side or a mix). With other words, where are the orders that show on your chart? Make sure to check for the combination of broker/charting software that you intend to use.
  12. Thales, In this context for EJ - would you consider a bracket prudent? Long term trend (4h) is up, and there is less R above the bracket as I see it. Even longer term trend is down though, but there is more R in that direction so the targets are smaller.
  13. Well done Gabe, Just an observation -- I was looking at the same EJ trade with some of Kiwi's recent comments in mind. The first break (trade) was after a 4h bar break down (there was a 4h "inside" bar after that one but to me trend was down) . The second possible trade on the chart, long, from the blue line, I would not have taken for the same reason (4h is still down). And by the way, nice to see several people here from a forum of the past (at least to me), a traders roundtable if you so will. I would not have guessed . Edit #1: I see Thales posted a potential short while I was writing this. Edit #2: Thales post was for another pair... confusion reigns today. And the second long would have rocked. Oh well.
  14. "Search for all posts" for an active member will only return the last 500 posts: The limit makes it very difficult to read up on some users posting history, which means that some information is essentially lost.
  15. This is what I am looking at right now (just observing). Would move stop to B/E at 132.59.
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.