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.

  • Welcome Guests

    Welcome. You are currently viewing the forum as a guest which does not give you access to all the great features at Traders Laboratory such as interacting with members, access to all forums, downloading attachments, and eligibility to win free giveaways. Registration is fast, simple and absolutely free. Create a FREE Traders Laboratory account here.

AbeSmith

8/10/07 General Trade Log / Idea sharing

Recommended Posts

Good trading Abe.

 

Decent movements already in the first 6 min's. That's the beauty of a VBC - I am in trade #4 already this morning and so far, so good. With a 3 minute chart, I'd be staring at 2 candles. I have 19 candles on my VBC. :woah:

Share this post


Link to post
Share on other sites
Good trading Abe.

 

Decent movements already in the first 6 min's. That's the beauty of a VBC - I am in trade #4 already this morning and so far, so good. With a 3 minute chart, I'd be staring at 2 candles. I have 19 candles on my VBC. :woah:

 

Good trading Brownsfan.

Share this post


Link to post
Share on other sites

Abe,

I am going to strongly suggest you get a book or two on trading with candlesticks. Just looking at a few of these charts, I think there's some great trading opportunities in front of you if given the right tools.

Share this post


Link to post
Share on other sites
Abe,

I am going to strongly suggest you get a book or two on trading with candlesticks. Just looking at a few of these charts, I think there's some great trading opportunities in front of you if given the right tools.

 

Thanks Brownsfan.

Share this post


Link to post
Share on other sites

Brownsfan maybe you can help me with this trade.

 

I went short at the breakout on the pivot for +17. Not a bad trade at all but looking back I think I see a doji just before hand, would that have been an indicator to get on the move earlier? What about the candle just before it? I also see that hammer at the top of the chart, was that a bearish signal as well?

 

As you can see I circled it in green, thanks!

5aa70defa4c01_breakoutandcandleaug10.thumb.jpg.93f7aade2526b022585006952707b104.jpg

Share this post


Link to post
Share on other sites
Brownsfan maybe you can help me with this trade.

 

I went short at the breakout on the pivot for +17. Not a bad trade at all but looking back I think I see a doji just before hand, would that have been an indicator to get on the move earlier? What about the candle just before it? I also see that hammer at the top of the chart, was that a bearish signal as well?

 

As you can see I circled it in green, thanks!

 

Do me a favor- give me the screenshot again w/o your circles so I can see it a little clearer. Thanks.

Share this post


Link to post
Share on other sites
Abe are you trading real money? I tried today for the first time, ouch lol... - 84 :(... back to the drawing board.

 

Nvesta - what has your backtesting shown? Is today going according to plan or did you stray? Taking one losing day (and it's not nearly over yet) and quitting is going to get you nowhere fast, except a smaller account each day.

Share this post


Link to post
Share on other sites
Nvesta - what has your backtesting shown? Is today going according to plan or did you stray? Taking one losing day (and it's not nearly over yet) and quitting is going to get you nowhere fast, except a smaller account each day.

 

I tried Jerry's Method and got killed in the YM, most likely because my stops aren't wide enough, but so far it's going against the 'volume distribution' skew anyhow.. so I guess I would have got stopped out either way unless I placed a 100 point stop which I can't afford lol...

Share this post


Link to post
Share on other sites
Brownsfan, I couldn't seem to edit the image and delete the circles so here is just a current screenshot and I pointed out where my trade was (but didn't block any candles).

 

Thanks.

 

I highlighted in white possible trade setups looking just at candles and nothing else.

 

 

attachment.php?attachmentid=2304&stc=1&d=1186762930

tl.thumb.png.608c27e30584087bf89edf5c41802ac3.png

Share this post


Link to post
Share on other sites

I'm going to paper trade the ES the rest of the day. My system has been working very well for the YM and I want to try the ES, I'll see how my system does and how price action differs and is similar on both.

Share this post


Link to post
Share on other sites
ES seems much more scalper friendly, price movement is a lot faster obviously. I'm still a bit intimidated, but I'm doing pretty well.

 

How is everyone else doing?

 

James,

Don't let the big bad ES intimidate you. I think it's just like the others, but with more volume. As you want to trade more and more volume, the ES is the most liquid so I think it's a good market to trade.

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.


  • Topics

  • Posts

    • ...hallucinates.... Student: “What if we gave the monkey LSD?” Guru: “The monkey already did LSD”
    • Question: To those that had/have cancer, what were the signs that made you think “something is not right here” to make you go see a doctor? Answer: So, 5/25/2018, I woke up, got ready for work, and as I walked to my car, I started gagging. Like something was stuck in my throat and I needed to clear it. And then it went away.   But 10 minutes after that, I was T-boned at 40mph on the driver side door. But what made me see a doctor was while my muscles felt better and bruises were going away, the gagging still continued, I started having fevers, my neck felt swollen, I was having such a hard time breathing, and I'd have random sharp pains in my chest, but not from where the seat belt saved me.   2 weeks after the accident, I finally see an urgent care doctor, who looks me over, tells me I'm fine, but luckily requests a neck X-ray. And I ask for a chest X-ray, which he rolls his eyes but let me have (most of my pain was in the neck, so I understand).   The very next day, he calls and says “So, that chest X-ray shows there's a 4 inch mass on your heart and lungs, and your lungs have been filling up with fluid, as well as in your pericardial (heart) wall. We need you to come in tomorrow.”   Turns out the big mass, due to the accident, caused my heart and lungs to tear and fill with fluid, the swollen neck and gagging was caused by 2 metastasized tumors, and the fevers and weight loss were symptoms. Stage 4b Hodgkin's Lymphoma.   But thankfully, we went very aggressive with chemo (and had a lot of bad side effects that don't normally happen to patients), and now I'm about 16 months cancer-free. Yay lucky X-rays! Rachel Jurina, Quora Source: https://www.quora.com/To-those-that-had-have-cancer-what-were-the-signs-that-made-you-think-something-is-not-right-here-to-make-you-go-see-a-doctor   Profits from free accurate cryptos signals: https://www.predictmag.com/  
    • As a man, the reality of life is the harshest part. I don’t mind looking older or becoming weaker over time; it’s nature.   Have you ever heard that the only people who will be loved unconditionally are women and children? Men will only be loved as long as they can provide until they are no longer needed. It doesn’t matter if you already did your best to get your kids to the best school or get the best things for them, if you stop before they’re done with it, there will be no thank you. The only thing they will remember is that they have to quit school at 15, ignoring all the previous 15 years of life you provided for them. The only people who will accept you, no matter what, are your parents. But in this situation, you might be that ungrateful child.   EDIT: Wow, I didn’t think this would get so much attention.   For those who disagree, I can only say that everyone has their problem. If you don’t get the chance to face such a thing, be grateful. Remember, sometimes what you throw in the garbage is something that someone wishes ever to have.” – ElZee, Quora   Profits from free accurate cryptos signals: https://www.predictmag.com/    
    • The good thing i had noticed so far is that the traderpot value is also on the rise..
    • yup its a gradual rollout the right way in my opinion, its really good and its exciting for the sto in 2027
×
×
  • Create New...

Important Information

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