Welcome to the Traders Laboratory Forums.
Advanced Search
Traders Laboratory Forums » Welcome to Traders Laboratory » Trading and the Markets » Reading Charts in Real Time
Trading and the Markets General trading forum. Anything related to trading and the markets goes here.

Like Tree7Likes

Reply
Page 433 of 808 « First 333383423424425426427428429430431432 433 434435436437438439440441442443483533 Last »
Old 01-19-2010, 07:13 PM   #3457

Kiwi's Avatar

Join Date: Oct 2006
Location: the zone
Posts: 966
Ignore this user

Thanks: 245
Thanked 834 Times in 384 Posts



Re: Reading Charts in Real Time
Just to show what I meant ... the joy of multiple timeframes.

Once upon a time I traded euro on globex ... in my experience you needed to drop to 1m to catch the strong breaks.



Attached Thumbnails
Reading Charts in Real Time-5m.png  
Kiwi is offline  
Reply With Quote
The Following 5 Users Say Thank You to Kiwi For This Useful Post:
Beachtrader (01-19-2010), jovis (06-08-2011), thalestrader (01-19-2010), TradeRunner (01-20-2010), TrueBalance (01-20-2010)
Old 01-19-2010, 08:40 PM   #3458

Join Date: Dec 2008
Location: One Piker Plaza
Posts: 2,854
Ignore this user

Thanks: 1,296
Thanked 4,125 Times in 1,634 Posts



Re: Reading Charts in Real Time
Quote:
Originally Posted by Kiwi »
What percentage of breaks out of the chop zone are this strongly directional?If the answer was high I suspect you'd want to drop down a to 5m or 1m to find a 123 to anchor your trade after the breakout??
High percentage profitable, but I have never tracked how often it produces a runner. Good question, though.

Quote:
Originally Posted by Kiwi »
Just to show what I meant ... the joy of multiple timeframes.

Once upon a time I traded euro on globex ... in my experience you needed to drop to 1m to catch the strong breaks.
I agree. You certainly can see the tradable break lows more easily on the 1 minute. You can usually see them on the 15 minute, however, if you catch these little interbar retracements during news breakouts. It may be the one time that I find "bars" seem almost to take on a life of their own.

Best Wishes,

Thales
Attached Thumbnails
Reading Charts in Real Time-15-minute-breaks1.jpg  
thalestrader is offline  
Reply With Quote
Old 01-19-2010, 09:30 PM   #3459

Cory2679's Avatar

Join Date: Nov 2009
Location: Eastern U.S.
Posts: 1,109
Ignore this user

Thanks: 559
Thanked 327 Times in 197 Posts



Re: Reading Charts in Real Time
Good grief...

I hope some of you guys caught this move!!

I can't trade where I am unless I downloaded FXCM onto a computer at my girlfriend's house (or brought my laptop, I guess)...I'm watching charts with an old Oanda demo accout while the others watch American Idol.

I should probably trade Tokyo...I'm missing out!
Attached Thumbnails
Reading Charts in Real Time-ej15m.jpg   Reading Charts in Real Time-eu15m.jpg  
Last edited by Cory2679; 01-19-2010 at 09:37 PM.
Cory2679 is offline  
Reply With Quote
Old 01-19-2010, 09:38 PM   #3460

Join Date: Feb 2009
Location: London
Posts: 58
Ignore this user

Thanks: 139
Thanked 42 Times in 28 Posts



Re: Reading Charts in Real Time
Quote:
Originally Posted by Cory2679 »
I hope some of you guys caught this move!!
I think my week may have been going a bit like yours until this move came along and has allowed me to see the wood from the trees!

Current position: half off, stop at b/e and now hoping to trail this behind swings

Reading Charts in Real Time-eurusd-100119-m15f.gif

Reading Charts in Real Time-eurusd-100119-m15g.gif

Kind regards
BT
Beachtrader is offline  
Reply With Quote
The Following 2 Users Say Thank You to Beachtrader For This Useful Post:
Cory2679 (01-19-2010), mblack246 (01-20-2010)
Old 01-19-2010, 09:45 PM   #3461

Cory2679's Avatar

Join Date: Nov 2009
Location: Eastern U.S.
Posts: 1,109
Ignore this user

Thanks: 559
Thanked 327 Times in 197 Posts



Re: Reading Charts in Real Time
Quote:
Originally Posted by Beachtrader »
I think my week may have been going a bit like yours until this move came along and has allowed me to see the wood from the trees!

Current position: half off, stop at b/e and now hoping to trail this behind swings
Nice, BT! I'm jealous!

-Cory
Last edited by Cory2679; 01-19-2010 at 09:51 PM.
Cory2679 is offline  
Reply With Quote
The Following User Says Thank You to Cory2679 For This Useful Post:
Beachtrader (01-19-2010)
Old 01-19-2010, 09:53 PM   #3462

Join Date: Feb 2009
Location: London
Posts: 58
Ignore this user

Thanks: 139
Thanked 42 Times in 28 Posts



Re: Reading Charts in Real Time
Quote:
Originally Posted by Cory2679 »
Nice, BT! I'm jealous!

Like I said, I need to start trading Tokyo, too!

EDIT: Although now I see your entry was actually a bit before the Tokyo open...

-Cory
Yes - it was about 11pm UK time. Not a good time to be trading but the price action off the level above (1.4306) was compelling. It was a long and painful wait for things to get moving though. Now I am resigned to no sleep!
Last edited by Beachtrader; 01-19-2010 at 10:01 PM. Reason: Spelling mistake
Beachtrader is offline  
Reply With Quote
The Following User Says Thank You to Beachtrader For This Useful Post:
Cory2679 (01-19-2010)
Old 01-19-2010, 10:02 PM   #3463

Join Date: Dec 2008
Location: One Piker Plaza
Posts: 2,854
Ignore this user

Thanks: 1,296
Thanked 4,125 Times in 1,634 Posts



Re: Reading Charts in Real Time
Quote:
Originally Posted by Beachtrader »
Not a good time to be trading but the price action off the level above
Anytime within an hour of the Tokyo open coupled with a good indication from price has always been a go in my book. I just know I'll often take a 2-3 tick slip on the way in (Globex fututes, especially the 6J).

I missed this move. Nice trade, BT! I'm very happy for you!

Best Wishes,

Thales
Last edited by thalestrader; 01-19-2010 at 10:08 PM. Reason: added comment about globex
thalestrader is offline  
Reply With Quote
The Following 3 Users Say Thank You to thalestrader For This Useful Post:
Beachtrader (01-19-2010), Cory2679 (01-19-2010), jovis (06-08-2011)
Old 01-19-2010, 10:16 PM   #3464

Join Date: Dec 2008
Location: One Piker Plaza
Posts: 2,854
Ignore this user

Thanks: 1,296
Thanked 4,125 Times in 1,634 Posts



Re: Reading Charts in Real Time
In spite of that drop by the EUR, it looks like the EUR is starting to show a bit of strength as compared to the GBP. May just be a temporary shift, but something to keep our eyes on over the coming hours.

Best Wishes,

Thales
thalestrader is offline  
Reply With Quote
The Following User Says Thank You to thalestrader For This Useful Post:
Beachtrader (01-19-2010)

Reply
Page 433 of 808 « First 333383423424425426427428429430431432 433 434435436437438439440441442443483533 Last »

« Active Trading Vs. Value Investing | New Fees Coming? »
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes
Linear Mode Linear Mode


∧ 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 02:39 AM.
Copyright ©2000 - 2012, Jelsoft Enterprises Ltd.
CS to VB integration by DeskLancer
©2006-2011 Traders Laboratory, All Rights Reserved.