kuokam

Ooops! Option already with 23+ draw down on 1 trade? That must have been a monster one. Makes me think some thing must be fixed in the rules here, to near the contest to real life trading.

Enough of smoky ramblings and totally out of subject discussions. I have found the explanation I was looking for: http://www.forbes.com/sites/kitconews/2014/01/06/p-m-kitco-roundup-gold-ends-near-steady-recovers-from-big-spike-down/

You certainly will never be able to feed your own useless self, let alone a person who is waiting for no good from you.

Nobody cares you having 1000 feet. See, I talk of Gold futures and you show me the gold/dollar.

When did you have the last $50 move ?

Happy 2014 all! Any explanation of yesterday's monster move ?

The French would say " les blagues les plus courtes sont les meilleures" blague=joke courte=short meilleure=best

This must be an illustration of my poor English I was alluding. I know of brokers' boats but what does a message boat look like, Sir?

I fail to find the joke in some messages, but I believe it is my poor language level. Poor me wasting time to open messages I can't even understand...

Welcome back in the arena, Sir ! I second your observations. Only Mystic's name is showing, yet we should be at least three by now. Certainly holiday calm before the rock n' roll.

Just signed in. Calling on all those competent traders to show up for the fun to grow ! Best wishes for the coming year! Hotep!

I also trade CL and GC. If you are on skype, we can can have some exchanges during the sessions. I like to trade the European closes. Main tools: levels, Japanese candles, dom and some mp

Problem is, there is so much on the DS alone. For instance, you can see huge lots even before they get hit. Agree less clear with icebergs but still spot-able. What else do trade out of the inescapable ES ? Buenas fiestas !

Okay. Still trying to master the D&S before taking on the other tools. The tapes look so fast I still can't follow

Do you trade on jigsaw's DnS, Gerardo?

This monster order at 9500 just kept price away, now back up around the POC (9521), but I suspect the attraction power of the order intact

You are right on the value area boundaries. Like always, context is king. I took a trade the other day against the prior day's poc and it worked perfectly. My general bias going into a huge order is that we will hit it and go a bit farther and then reverse. So, if I were short by the time of that shot, I would put my limit buy order about 4/ 5 ticks below that level. But if watching to go long, I would wait to see how it clears up there, especially I need to see buyers jumping back in. Very sorry my poor English won't allow me understand the last question. I would ideally not put an order above 93, in accordance with what I said above. Cheers Kuokam

I get not any news of the contests. A pity, as I was preparing to strongly oppose some people I saw coming back with decision... Well, wish you all the best!

What happened next is: the order got triggered, price went down 8 ticks and came right back to trade 8 ticks up. As of this writing it 6 ticks up. But I am not trading, I preffer the highs and lows, they seem to me more dependable than the steps in the profiles / value areas. Please note that this is January 2014 contract.

Hi BHS, Here is a vue of my dom this morning, to illustrate our yesterday exchange. Best, Kuokam

No, I don't see non executed stop orders. Orders to escape losing shorts and entering longs are both executed at ask. When I see orders executed at ask, it is MY judgement that lets me think they might be traders exiting or entering, given the prevailing circumstances. I also use the cumulative delta.

Hi Bluehorse, please find my reflections below yours.

I saw nothing on this very post, BH, but could react to the opening one.

Like always, anything can and do happen. I mean, you can actually trade long to that level and short from there. Problem is you never know where exactly price will stop and reverse. My observation so far is that first huge orders are stop losses, and the ordres to enter are a bit farther. Anyway I tend to act with that on my mind. Here's what happened to me this afternoon, as an illustration. I was watching crude oil (dec. CL). As it approached the HOD huge ordres started getting hit at offer around 94.14. I left the titans play their game, and not long after I saw the bids starting to equal the offers. I put a limit sell at 94.18. Got filled and carried away till 94.30, but luckily it stopped there and started a fantastic downfall. I got but a small part of the ensuing 100+ ticks down but that is my eternal problem to sit tight in a winning trade. Conclusion : decide in advance what you will do at your area of business. Once there, don't forget you are awaited by the monsters to swollow you up, so let them fight and follow the winner AFTER THE FIGHT, not before. What I like in CL is that huge orders are really outstanding. At times you can see an order the size of the total of the then resting ordres.

All not permitted by the dom...