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Everything posted by TinGull
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Thanks traderxman. Any reasons you chose these particular numbers?
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TL getting more popular each month!
TinGull replied to brownsfan019's topic in Announcements and Support
Interesting point there about giving the thread starter those privs...I like that idea. Your thoughts, James? -
Welcome Milind! I'm stubborn too, and won't give up on trading. You can't! What markets do you trade and how have you been trading? Do you have a written plan with setups to follow? That's been key in my turnaround.
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- univeristy of texas
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Hi Jun, Gosh, don't ever apologize for starting a thread! Especially about things like this. I've never run across OFI, but I've never read Steidlmayer either. I heard he can be a tough read for some people...and childrens books are tough for me, so I'll stick with easier things It's an interesting point you bring up. I'd love to know more about how you get this data and if there are markets now-a-days that this pertains to. Thanks, and sorry i dont have any insight for you on it
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Friday showed more balance. The POC, showing the price at which the YM spent the most time, is at 12567. The daily pivot is at 564, and currently price is sitting at 569. More balance? So far, yes. Daily pivot points are very squished together as YM had only a 66 point range on Friday. Price is showing an ease of facilitation between traders at this point in time. Price is still having major tough times at that 61.8% retracement level from the swing highs to swing lows on the daily at 12574: Price will definitely have to be able to push through that on nice volume for confirmation to the upside. As for right now, price is trapped. Volume's been declining since we burst through the 50% area and things aren't looking good for a directional market right now. I would expect to see a bit more chop until we either break and close above 575 area on volume, or break below 500 on good volume. As for volume...where is the volume being spread against price the past few days? Here is a pic of a volume profile of last Wed and Thur, and then a single one of Friday. As you can see...530-570 is where most of the volume is being dumped. I'd watch the 480 area on the downside for a potential relief bounce based on the fact that not a lot of volume traded there over the past few days. Watch 530 too as much volume has traded there, and price could want to revert back in that direction. Levels to watch: 480 530 560 580 600
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Welcome Blowfish! Glad to have ya aboard.
- 2026 replies
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- automated trading
- beginner
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(and 76 more)
Tagged with:
- automated trading
- beginner
- bethlehem pa
- binary options
- binary options trading
- capitalization
- charlie mckelvey
- commodity stock tips
- commodity tips
- contrarian positions
- currencies
- day trading
- daytrading
- equity tips
- es-emini
- etf
- finance
- first day
- foreign currency
- forex
- forex accounts
- forex analysis
- forex forecasting
- forex trading
- forex webinar
- fundamentals
- furniture
- futures
- futures trading course
- international trade
- intro
- introduce
- introduce yourself
- introducing myself
- introduction
- investment
- java trading at
- learn forex trading
- london
- market analysis
- market forecasting
- markets
- momentum postions
- money
- money trader
- money trading
- new member
- newbie
- news
- options stocks
- philippines
- price
- price action
- price action trading
- real time
- sierra chart
- start
- startegy
- starting
- starts
- stock analysis
- stock education
- stock market beginners
- stock tips
- stocks and options
- stocks to watch
- system
- trader
- traders lab
- trading
- trading analysis
- trading live
- trading plan
- trading strategy
- univeristy of texas
- vinayak trader
- volatility
- volume
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It's all good keymoo, everyone's allowed to believe what they want to
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TL getting more popular each month!
TinGull replied to brownsfan019's topic in Announcements and Support
I've found that this feature can be very helpful.... But really...Soul said it a little while ago. Quality breeds quality. It's a great idea to have a smaller community inside this community for veteran members, though I myself wouldn't want it to go unnoticed by other guys (n00bs). I think that having something like mitrader mentioned...where there is a restriction to posting but not a restriction to reading in that area, would be awesome. There's real quality stuff that goes on here and I'd hate for some of it to be unseen by new traders who could benefit from it. -
Don4 brought this link to my attention and there's some pretty cool stuff on it. It's all free and we're not affiliated with this free website. Neat stuff, I must say. Investment Performance Analysis - Downloads
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PM me or Soultrader the site link if you would. Thanks!
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From about an hour ago.... Note the stair stepping volume coming into the VAH pivot showing some action...big money buying into weakness and then, pop! So far, it's up 30 points from that pivot.
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Soul, we'll wanna check to see how many people are showing up to the room....if there's 25 in there, well...I think this could be the issue.
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You're right notouch. I dont think I can move the market with my mind. What I won't let happen is: if a move goes against me I get pissed. There's no point in letting something disturb ones day on the path to success.
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Just wanted to post a little followup. The other day my head was extremely clouded. Many folks knew about it here and many many thanks to all of you who love to help, I really appreciate it I've been drumming/programming music every morning lately, and while my trading hasn't drastically improved (it's slowly improving every day) my mind has seen some great advances. Also...I re-wrote my trading plan and have it sitting next to me on paper (not just saved on my computer) so I always see it and know without hesitation if my setups are being met. This has helped the clarity in my trading the most tremendously. So...taking time to not think about trading has been the best thing to help my trading. Kinda weird...but it's awesome! haha
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yup, precisely. Luck is where preparation meets opportunity. Nothing magical about it. If you're prepared to see the opportunity, then you need to take it. Power of positive thinking is absolutely real.
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Anyone still meeting up for this?
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No worries That sounds cool to me.
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Im interested
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We can talk on skype. Hear all our lovely voices
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I've traded both, too...and I can tell you ER gives me a heart attack! YM fits my personality to a T, so I feel like we're meant to be together. ER is fast paced, jerky, volatile....and YM is smooth. It's kinda like... Sex Pistols vs Barry White. Insane vs extra smooth.
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Done that Its a fantastically simple approach that I should've been using ages ago. Well...I was kind of using a while back, but then switched to something else...and switched again, and then again....that was my issue. always switching. So now, I'm back to the original deal that gives nice nice setups.
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Also, today was an uptrending day. Even with stocks...the rising tide lifts all ships. And Im with the rest of the guys. Today I sat down and really solidified my trading plan and my setups and WOW! I feel great about it. What is your plan of attack?
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Curious to know why you feel that area of 160-176 is tricky?
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I wanted to beat Soultrader to the punch and get ya'll some levels to watch on the YM. At 12223-12229 we've got both the daily pivot and the weekly pivot to enjoy for tomorrow's trading. Price is currently at 12211 where we closed friday. 12284 is the previous 2 days' highs. Very important level to watch there if we reach it. The low from friday is at the 12176 mark, and we've got daily S1 at 12163, 13 points away. I think this area will prove to show some action as it's the low from the 13th and 15th and we've also got a POC from the 14th sitting at 12161. Also, where price currently sits at 12211 is both the Volume POC and the Time based POC. Levels at a glance: 12284 12247-VAH 12223-12229 12193-VAL 12176 12161-63 Those are my levels
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ASA, that would be AWESOME if you could upload that. Id be much appreciative