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ddaytrader replied Mar 3, 2016Tomorrow is NFP, and given how little reaction traders have had to data the past two days, I suspect that today will be narrow range day. That is just a suspicion and not trying to predict. I'm ready willing and able to trade should a set up come; ...
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ddaytrader replied Mar 2, 2016RSI dip below 50 and then poke above 50. Still would be a short on the 13 range at 69 if you sold based on close or 66 if you sold based on low. No longs to be considered based on the 50/50 criteria unless/until price trades back above the 50 SMA ...
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ddaytrader replied Mar 2, 2016Not to sound like a serial tweaker (though we all like to tweak, do we not?) but your post had me step into my own way back machine to a set of variables I used to use many years ago. This is called the "50/50" and I found it in the work of Charles ...
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ddaytrader replied Feb 29, 2016Nice trading, D. I sort of screwed that up because I saw that range 585-647 and odds favored a nice little run after that breakout. I shoulda stayed long. I coulda been a contender. But I am very happy for you that you did the right thing. I trust ...
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ddaytrader replied Feb 29, 2016Two trades +60 ticks for the day. See y'all tomorrow!
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ddaytrader replied Feb 29, 2016Stop loss on this trade is now 618 which would be -2 ticks. I'm going for an early lunch, so this will either be +30 or -2 for me. Either way I am thinking to bag the rest of the day unless we get a breakout and trend one way or the other.
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ddaytrader replied Feb 29, 2016I take credit and I take blame as it comes lol I have an order loaded to long 620 and will look for +30 if triggered. image Just got filled but she is off to a sluggish start. ES playing the leader a bit today.
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ddaytrader replied Feb 29, 2016Very narrow low volatility chop. Looking at the cash S&P 500 hourly, this looks like a bull flag so I'd expect a rally sometime today or tomorrow to at least test last week's highs. I am not predicting anything, because today's bull flag could be ...
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ddaytrader replied Feb 29, 2016All chop since then. Looks like YM caught in a range and I'll wait for a breakout below 585 or above 647 or a reversal from a test of those levels. Otherwise I am sitting on my hands.
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ddaytrader replied Feb 29, 2016+30 just filled before I could get this screen shot posted. Just trading one lots in this account (this is live practice for my $2K to $200k trial. image
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ddaytrader replied Feb 29, 2016Let's have a good and profitable week - trade well!
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ddaytrader replied Feb 26, 2016So I've been off my project for a month or so now. I've been trading the YM using the bacis set ups here in D's thread, though perhaps a bit more strictly adhering to the Trader Vic definitions of 2B's and 123's. I've also been trading one specific ...
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ddaytrader replied Feb 26, 2016I used a limit to short that one and held it for the full 20. As volatility returns I may increase profit target to +30 again, but back testing shows +20 very common. We closed the gap to yesterday's RTH highs, so I think I may be looking for longs ...
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ddaytrader replied Feb 25, 2016If you watch a line on close chart, draw a line at the most recent pivot high and low. Once in a while, price will break that line, but before the bar interval closes, price will retreat and it will appear as though price never traded beyond the ...
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ddaytrader replied Feb 24, 2016I trade off the price action recorded by the ohlc for the most part, and I use the line to help highlight what is unfolding. Just stopped at 291 for +20. Total for the day so far is 153 ticks * 3 contracts = 459 ticks total. If I had done this in my ...
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ddaytrader replied Feb 24, 2016Rallied back to 16290, missing my stop by 1 tick! That's what I like about futures over forex: A forex broker would easily have picked me off there by manipulating their data feed. Futures is an actual market with real buyers and sellers, so no ...
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