Gabe2004

Would anyone have taken a short at the blue line? Gabe

I think that your HL should be LH Gabe

The following is from the blog of Dr. Wish dated Nov-26-2009 Wishing Wealth Blog - Stock Market Technical Analysis Trading

There is a thread for that book. http://www.traderslaboratory.com/forums/f104/futures-i-trade-show-brooks-book-6008.html Gabe

What do you do if you have a power failure? Or you internet connection gets severed? I had 2 occasions of loss of Internet connection and I can tell you that I was in BIG trouble? The loss of power I solved by attaching a UPS to each of my 2 computers. At one point I had a land line to back up my cable internet connection but unfortunately that option is gone now as most of the phone companies in my area switche dto providind phone service over the internet. Whe I will get to be positively successful, with larger trade sizes I will look for another solution to the internet connection problem. Maybe spring for a land line, totaly separate from my home phone or get a wirelless modem that will go through my cell phone. In any case, I think that trading without stops is suicide and moving your stops after the trade has been initiated is equally dangerous. I must admit that occasionally I still move my stops but I would say that 95% of the time that was a mistake. Take care Gabe

I am having a problem defining SR zones. Could you help in understanding how you decide whether a zone of prices is or is not a valid SR zone? Thanks Gabe

This was my trade. It was a late entry but I thought it was worth it. When I went to sleep I did not want to take a chance anf put a stop @ BE +2. Closed 2/3 for 25 pips each 1/3 and 2 pips on the last 1/3. Gabe

Based on past posts I would have thought that you would move to BE at some point. Possibly around the time that the first swing occured at 1.6650 around midnight EST. I took the same trade but because i moved my stop to BE I did not participate in the whole move down. My 2nd question is - how did you pick your profit target and why wasn't 1.6650 a valid PT1? Thanks Gabe

Hello MK I must admit that I am strugling too with general concept but I will continue with it for a while. As far as the above goes, I took a long at the same time as Thales but not because there was a valid setup based on his teaching but because there was a gap and these gaps on Sunday night tend to close fairly quickly. Don't give up. Gabe

Even on the 5 min I would short lower. Gabe

Is it my moeny or yours? Gabe

Can you give some examles of the kind of news that will move the ZS? Also is seasonality a factor in your trading? (probably not because you mentioned that you use the same setup for all your instruments - if I remember correctly) Thaks Gabe

Potential AU SHORT. Gabe PS I wouldn't take it because as things are the Risk:reward is too high.

Wouldn't it make sense to trade in the market that has the most losers because if one can exploit the reason that so many lose in a market woudn't that be an advantage? I agree with you that the moves in TF are easier to manage but just because so many fail in ES does not mean that there is no way to trade the ES. If the reason for the choppines in the ES are the bots I still wonder whether there is no way to beat them at their own game? Maybe am naive. The above is not to say that I will go back and trade the ES. Atleast not now. But you are right. Probably my thoughts above are coming from the ego that wants to prove that i am smarter than the bots or all the other people who lose. Instead, focusing on the markets that one feels comfortable with and is profitable in, is a much more productive idea. Gabe

Where are you profit targets and SL points? It would help if you mark them on the chart. Thanks Gabe

What are the thick lines? I am having a senior moment... Gabe

Hi Richard. Thank you. This is amazing. I wish I could program like you. Gabe

The problem is that IB has high minimums (for me at this time) as far as units traded are concerned. Gabe

Thank you Great job. If I may suggest, can you modify the overlaid chart to the following format? Gabe

The jury is still out on this one. I see many times that there is a decent move after a small bar but in this case, this was not the best example of that setup. Gabe PS I like the NEW LOOK of my charts too.

Took an non Thales' tradetoday Reason was the small candle after the large one. ( i have a theory behind this) Lost 3x21 = 63 pips. Potential short by the rules. Gabe

Currency volume by 1:40PM Nov_24_2009. Standard size. Gabe

Happened to me 2-3 times and now I have a stikky note on one of the monitors. What a relief it was to know that I was in sim when the trade went against me and how upset I was when the sim trade turned in my favour :doh: Gabe

I was trading live the SPY as a proxy for ES and I lost money. Switched to IWM which is the ETF equivalent to the SF (RLM). THere is somewhat of an improvement. Gabe

Since I noticed that some currency pairs move alot during the London open, is there enough liquidity in the futures market during those hours to trade the futures an no the spot? Gabe