Welcome to the Traders Laboratory Forums.
Trading and the Markets General trading forum. Anything related to trading and the markets goes here.

Like Tree7Likes

Reply
Old 01-05-2010, 01:07 AM   #2825

Join Date: Mar 2008
Location: Melbourne
Posts: 29
Ignore this user

Thanks: 27
Thanked 4 Times in 4 Posts



Re: Reading Charts in Real Time

Quote:
Originally Posted by Cory2679 »
That's a real shame...I'm really sorry to hear that. I'm sure you're perfectly aware of the impact you've had on some people here and how grateful we are. Those people who PM'd you aren't truly mad at you, they're truly mad at themselves and this is how they're handling their own frustration. These people are in stage 3 of the "stages of a trader" - The Cynical Skepticism Stage.

"This excuse-driven blame game is a dead-end viewpoint, and explains a lot of what you find on message boards. Those who can't pull themselves out of it will quit."

Plus, there are people out there with certain strong beliefs, that they have for whatever reason, that they're not willing to forsake. One example might be that reading price is impossible (because they have yet to succeed at it or understand it).
I have to agree, Ive only been here a short time and can honestly say there no fraud here. I have seen frauds a plenty in my travels to find good teaching and Thales, your a breath of fresh air!
Rustie is offline  
Reply With Quote
Old 01-05-2010, 02:25 AM   #2826

TradeRunner's Avatar

Join Date: Mar 2008
Location: UK
Posts: 132
Ignore this user

Thanks: 285
Thanked 82 Times in 50 Posts



Re: Reading Charts in Real Time

Quote:
Originally Posted by thalestrader »
Hi Traderunner,

Two questions:

1) Are the solid arrows are located where you traded?

2) Are you still doing the 15 tick stop loss, 30 tick profit target exercise?

Best Wishes,

Thales
1) Yes and the dotted lines represent valid trades that I did not see in real time.

2) Yes and no. The exercise said to take every sequence but I have stopped taking sequences that I think are in a chop zone - identifying these areas seems like an important skill. I also move to BE when price moves +16.

I'm must admit that I'm starting to struggle with the HL and LH created by two bars because they occur everywhere - I'm feeling less inclined to take these.
TradeRunner is offline  
Reply With Quote
Old 01-05-2010, 02:44 AM   #2827

Join Date: Jul 2009
Location: Screen bound
Posts: 205
Ignore this user

Thanks: 101
Thanked 84 Times in 54 Posts



Re: Reading Charts in Real Time

GU long entry - post a little late....
Attached Thumbnails
Reading Charts in Real Time-5-jan-gu-long.png  
fxThunder is offline  
Reply With Quote
Old 01-05-2010, 04:03 AM   #2828

Join Date: Jul 2009
Location: Screen bound
Posts: 205
Ignore this user

Thanks: 101
Thanked 84 Times in 54 Posts



Re: Reading Charts in Real Time

Stopped on GU long - awaiting next opportunity.
Attached Thumbnails
Reading Charts in Real Time-5-jan-gu-long-exit.png  
fxThunder is offline  
Reply With Quote
Old 01-05-2010, 05:55 AM   #2829

Marko23's Avatar

Join Date: Oct 2009
Location: Quickborn
Posts: 540
Ignore this user

Thanks: 310
Thanked 348 Times in 207 Posts



Re: Reading Charts in Real Time

Long with EUR/USD


ADD: No follow-up, just 1 tick to trigger a Long position.

ADD: Got out, -10 tick
Attached Thumbnails
Reading Charts in Real Time-tl-10.png  

Last edited by Marko23; 01-05-2010 at 06:50 AM.
Marko23 is offline  
Reply With Quote
The Following User Says Thank You to Marko23 For This Useful Post:
thalestrader (01-05-2010)
Old 01-05-2010, 07:04 AM   #2830

Marko23's Avatar

Join Date: Oct 2009
Location: Quickborn
Posts: 540
Ignore this user

Thanks: 310
Thanked 348 Times in 207 Posts



Re: Reading Charts in Real Time

Quote:
Originally Posted by Marko23 »
Long with EUR/USD

ADD: No follow-up, just 1 tick to trigger a Long position.

ADD: Got out, -10 tick
Early exit ok, would have been stopped later.
Attached Thumbnails
Reading Charts in Real Time-tl-11.png  
Marko23 is offline  
Reply With Quote
Old 01-05-2010, 07:25 AM   #2831

BlowFish's Avatar

Join Date: Mar 2007
Location: In Da House
Posts: 3,272
Ignore this user

Thanks: 129
Thanked 1,038 Times in 694 Posts



Re: Reading Charts in Real Time

Quote:
Originally Posted by thalestrader »
No problem, littlefish, I'm perhaps a bit too sensitive right now. I've had a couple of PM's in the last month or so from folks basically telling me I'm a fraud and wanting to know "what my deal is."
It is sad but not surprising that there are angry bitter people around this business, actually I am surprised there are not more when one considers the trials and tribulations most of us go through. What is particularly sad is that until one gets out of that particular place (angry bitter) chances of success are minuscule to nothing.

Don't let the custards get you down.

Oh and prosperous new year all
BlowFish is offline  
Reply With Quote
Old 01-05-2010, 08:47 AM   #2832

Marko23's Avatar

Join Date: Oct 2009
Location: Quickborn
Posts: 540
Ignore this user

Thanks: 310
Thanked 348 Times in 207 Posts



Re: Reading Charts in Real Time

Long again

Attached Thumbnails
Reading Charts in Real Time-tl-15.png  

Last edited by Marko23; 01-05-2010 at 08:50 AM. Reason: Wrong picture
Marko23 is offline  
Reply With Quote

Reply

Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes


Similar Threads
Thread Thread Starter Forum Replies Last Post
Linking OEC DOM to Excel in Real-Time Frank Open E Cry 14 08-03-2009 10:50 PM
Real Time CBOE Intra-Day Volume lukap Futures Trading Laboratory 0 02-09-2009 11:19 AM
Real Time Price Action- Clue to Puzzle? Sledge Technical Analysis 321 04-28-2008 09:20 AM
[Plotting Fib Retracements in Real-time] Soultrader Trading Videos 3 05-06-2007 12:22 PM
real time strategy test wsam29 Beginners Forum 4 02-11-2007 01:27 PM

All times are GMT -4. The time now is 04:06 AM.
Copyright ©2000 - 2012, Jelsoft Enterprises Ltd.
CS to VB integration by DeskLancer
©2006-2011 Traders Laboratory, All Rights Reserved.