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Do you think that it is possible to drill down through the time frames in a line of non random data. Nov-May is the big TF and the unequal distribution of daily High/Low is an intraday example In other words do you think it is possible to 'line all the planets up'

excellent post FT. Can you expand this out into what you are looking at and how you are tracking it to help bring us all into the loop. You are one guy we can rely on to deliver the goods and not just wimp off with the excuse of "secrets or proprietary systems"

Excellent post MM. What technique do you use to spot a potentially good trade from a useless trade. cheers

But wouldn't Exchange mirror sites open up in other Countries followed by the attending Brokers. Often if a door is slammed shut, it gives rise to a better one opening up.

Does anyone know of a good reliable NON US Broker for trading CME e-minis. They need a good platform [i use T4 but could change if necessary] and competitive R/T commissions and be located in a Tax neutral Country. Any help or advice will be appreciated Thanks

Hi there, This is a great thread. Does anyone here have the iq DTN symbols for Soy, Wheat, Corn etc, it just saves me looking them out as I am not familiar with grains many thanks

The best thing you can do is try these things for yourself. When looking at S&R you might try the CLOSE rather than the H/L to set your levels. Also take a look at the reliability of price Turning Points in the glbx as compared to RTH and see whether you think the glbx is more directional or less directional or just about the same.

Well this morning kicked off around 06:30, run into the 29.75 line and reversed and then reversed again at the 27.75 which was built into a very strong line. It is a common enough pattern where the price struggles through the first line [27.75], turns at the second line [29.75] which then rolls the first 27.75 line from Resistance into Support. basically it is a"shake-out" play followed by a big RR play

Hi Trade, Have you tried CVB [constant volume bars] They build the changing rate of volume levels into the bars enabling you to see the action much more clearly. Couple this with major S&R lines and you will see the pullbacks around the RTH Open that are Suckers Bait for the unaware. Finally, put the notion that trading the Open is difficult. It is not, it just requires a different approach in that one day it is pure momentum and the next day it is linear. Using CVBs and major S&R lines plus paying attention to the buildup in the pre-market will enable you to pull good money from the Open.

I have recently switched the T & S window back on after a long period [years] without it. The thing that I have noticed is that the trades tend to scroll through in blocks, of trades at ASK and then the block will switch to trades at BID. Seldom [almost never] do I see the BID and ASK trades scrambled up together. I am using a filter set to 20 contracts for convenience. Can anyone explain this to me please.

Well, that is a black and white reaction

Hi Neg, You are not required to understand my system or my ability as a Trader. In fact the opposite applies as you are in no way a factor in the End Result of my account. I cannot be any more Black and White than this.

Hi Neg, Read Siuya's post copied below, as he has exactly nailed it. We all need to view trading in it's greater context in order to make the maximum progress. the thing that is black and white is the END RESULT. the thing that has many shades of grey is the EXPECTED RESULT often fear stops us from achieving the desired end result and the ego has us believing we can still get the expected result......or worse that we deserve the expected result.

Black and white and expecting a guaranteed outcome are not the same thing in my book. The difference requires a more thoughtful approach

Have you tried fading his calls

Have you considered avoiding the desire to out-guess the market and just focus on making money by following the market.

This is a conversation about trading unless I am mistaken. What is not more black and white than making money or losing money.

Yes I agree with you TW, however your use of the word "complexity" sends a cold shiver down my spine as simultaneously a voice alarm goes off in my head "PULL UP, PULL UP, PULL UP" I rather feel that these complex mental gymnastics must be left to far more gladiatorial minds than mine when trading. In fact my trading mind now is very much like a dog on a leash, in that it is allowed to probe slightly to the left, or right, or it may adventure ever so slightly ahead but it's days of glory, roaming through hoards of information with all the thrill and excitement of a Free Range Chicken have come to an end. And so it is not that The Internals lie ahead of me offering all the academic thrill of a new crossword or game of Solitaire ... no not at all ... they in fact lie fondly remembered and used, but discarded like an empty water bottle in a Marathon. I know where they are should I ever need to return.

Yes If you dig into the internals of The Indexes and compare it to Stocks, the disconnect becomes evident. That is why I only follow the Indexes on the assumption that sometimes they connect and sometimes they don't, but they stand alone 100% of the time. Also, I try to follow the least information possible.

Good for you Tim. We each have our point of view and it keeps life interesting.

You are welcome. The reason I mention it, is because a disconnect has taken place between The Indices and the underlying stocks. I imagine the QE's are to blame, and so while I agree with your comments in this thread, I have come to accept this disconnect and now trade The Indices as stand-alone Instruments.

Tim, If you like the Breadth Ratio when trading say the ES, why don't you make a ratio of the bid-ask volume of ES. ie ask vol/total vol. Perhaps you have already tried this, in which case I would be interested in your thoughts and comparison of the two ratios.

Bar size and type is perhaps the least understood part to trading, as well as being the most important, since it forms the foundation of all visual interpretation of price action.

Originally Posted by Maelstrom View Post Yes, a bigger chart means bigger stops, M Hi there M, Why do you feel that your choice of bar size and type leads you into wider stops.

All I know is that without an ENTRY there is no need of an EXIT and so one is dependent upon the other, but the reverse does not apply.