pimind

well his usernameis Ricy"BS"....lol

Well today i traded for the first time since my huge loss for me anyway. The charts speak words for trading with zero confidence. Total of 2 trades 1 tick each. The irony is the runs after . HAL i feel your pain....... thalestrader don't poison her mind..... after all she is right, paul tudor jones said 10% is 10% it doesn't matter if it's 10,000 of 10 million. I really believe that to be an extremely successful trader you cannot have a ? in your mind about that . It is after all the root of money management. i wish i could still think that way.

she is well ahead of schedule to hit that million dollars... That would be awesome ...... wish her luck. btw ..I am sure you are aware that if her account is at least $500 before august 1 she is automatically entered in the king of the micro contest. i am not trading this week after last weeks losses.....

Have not traded much this week, my trading partner my brother took most of the week off, i should have done the same anyway I am down a little over $3,000 ouch!!!! Thalestrader congrats to your daughter!!!!!

Some examples would be great I 2 am getting curious, once she hits $500 she will be entered in the king of the micro contest, prizes i think r still up to $25000, some people in that contest make a ton some are up 1000% for the month, extreme leverage I guess anyway congrats to her and you it is great to see that she is doing so well. and as for fifth grade , if she keeps this up i would consider a tutor. lol....

At a 3% per day she will be a millionaire by the end of the year. congrats.

here are my trades for 7/7 pretty good day.

Didn't trade today but entered a trade after the close yesterday. Went short 2 at 918.50. Set a 4 point stop and a 10 point profit. Was happy to wake this morning with +$1000 before commissions so I took the day off.

Here are some charts from today. macd4 vs. volsplit. Has anyone tried to color or use line with to show intensity of the blocks being traded?

16 trades today for a loss of $200 . Bad day all around

only traded for 1 hr today 2 wins 1 loss, about even after commissions.

what setting would you suggest and i can try them.

A 2500 VOlume Chart:

My brother's away today so i have the eot indicators all to myself if there is a particular chart on the eot volsplit anyone wants to see let me know. Also I believe that is extremely important to have a block size line thickness on the indicator. The thickness could be set to the size of the block trades or to the # of the block trades the more trade blocks + ? the thicker the line it may actually even be able to be defined as both, Color for frequency and thickness for size. I wish I could code this, But my Ts coding skills are not at that level. Also from watching my brother trade he uses larger sizes 300+ and really looks at 700+ , 1000+ which occur less often seem really be a point to look at, he uses a combination of the EOT volsplit and looks at the T&S. Example after a huge move you start to see 1000+ orders in the opposite direction , it may be time to get out of trade and start looking for reversal. Also if you are short and 1000+ orders going long against you then you may want to reconsider your short.

Took only one trade today after the news, our trading computer keeps freezing up. Traded after the news at 8:30 waited for the sell and then sold 2 contracts profit set at 2 points. + 200 less commissions in less than 2 mintues. Not bad. Made withdrawal from trading account for summer fun so trading 2-4 till it builds back up. Have a good weekend.

the computer that runs the eot indicators keeps freezing up today, so i won't be able to post charts, upgraded to TS 8.5 this week and have had a total of 5 freezes since.

didn't trade again today it finally stopped raining so i enjoyed the outdoors.

I didn't trade today but i left a chart up to track the new macd4 against the eot volsplit but my brother changed my chart at the end of day and the data rest. I will run again tomorrow and post. My brother actually does better than i do an spends a lot of time in the Eot room. he is a volume and price addict and stares at the time and sales all day.

no trades for me today, my kids just finished school so hung out with them today.

I was looking around and found something that may be of interest and help us in our development. I found fxadvanced.com and they have a trade intensity and volumestrength indicator, i just found it so im not familiar with it. I also found a site volumementum.com that has a volume momentum indicator that may be worth looking at.

I ran this today on a 5 minute chart just to get an idea of the blocks of traders. Look at the relationship of the increase in price with the bid ask volume and the block traders. This is 2 long a time frame to scalp, but i just wanted to see the data.

Here you go: {Phall VS_MACD volsplitter version 2, using close compare fix for Block reset implemented 6/17/09} { PLOTS VERY SIMPLE MACD} inputs: Length1(6), Length2(10), MACD_Length(3), SmallBLockFilter(99), LargeBlockFilter(9999), UpColor(Darkgreen), DownColor(Darkred); variables: MyVol(0), color(yellow), avg(0), intrabarpersist MyCurrentBar(0), intrabarpersist VolTmp(0), intrabarpersist DeltaCu (0), intrabarpersist DeltaH (0), intrabarpersist DeltaL (0), intrabarpersist DeltaO (0), intrabarpersist Block(0), intrabarpersist LastClose(0); if LastBarOnChart then begin MyVol = Iff(BarType < 2, Ticks, Volume); if CurrentBar > MyCurrentBar then begin VolTmp = 0; MyCurrentBar = CurrentBar; DeltaO = DeltaCu; DeltaH = DeltaCu; DeltaL = DeltaCu; end; Block=absvalue(MyVol-VolTmp); VolTmp = MyVol ; {rest block} if Block >= smallBlockFilter and Block <= LargeBlockFilter then begin if Close < LastClose then DeltaCu = DeltaCu - Block else if Close > LastClose then DeltaCu = DeltaCu + Block; LastClose=Close; end; end ; DeltaH = maxlist(DeltaH, DeltaCu); DeltaL = minlist(DeltaL, DeltaCu); if DeltaCu <= DeltaO then color = DownColor else color = UpColor; avg=(DeltaH+DeltaL+DeltaCu)/3; value1=xaverage(MACD(avg,length1,length2),MACD_Length); Plot1(value1,"MACD"); Plot2(0,"ref",Yellow);

taotree i agree that i may have been a little harsh but it's how they came across, i suggested in a previous post that instead of trying to replicate something we should try to develop a volume indicator that can shed some light on o what the market may do next, I think that volume is extremely important. I agree with coming up with a way to show this information in a way that is not currently. and although the macd version seems to give signals at times, i think it take us a little away from pure volume. As small traders we don't have the resources that are available to larger traders and firms , both monetary and technical. So i think that the premise is to take the path of least resistance and go with the larger traders. and not trade against them, especially in the short term a 1-5 minutes anyway. So for the purpose o developing such a tool which , if it not the intent of this thread i would be happy to start one. We could define what is important. personally I would like the following. Trades at bid and ask only by large traders, size of trades, # of trades, a way of showing velocity or thrust, (how fast) if possible.

Hi, I had some things done around the house and didn't have time to trade the way I wanted to today, . With the amount of time i had i couldn't concentrate on the charts. Here are 3 quick trades i took. Traded 2 lots per trade. Again with the time constraints I didn't want to trade larger lots. [

I have a trading method that is superior to any other idiot method that everyone uses but i'm not going to share it i am just going to let everyone know that theirs are wrong and meaningless, now knowing that you are doing things wrong because i said so, come up with the right way of doing it. I'm sorry for the sarcasm but is that what you are saying.