kuokam

How do you people handle huge orders ? Say you are watching a dom that totals 300 and you see the 10th order showing some thing like 200+ on the offer. The trend is up and approaching a significant level. Do you join or fade?

Can you tell what is simpler in eur/usd than fesx ? And maybe the person doesn't want to hear of forex.

Happy to hear all up and running now. Are you already on the latest version of JS ? There might be better options than market replay, with recording softwares, some of which have free versions.

Check if the issue is not with Ninja. Not sure you can trade on a sim version, I think you need a trading allowed NT version. I run the tools on my 4 year old 2 core, with internet browser and skype on without any IT issue. But I don't trade on it, just watching the "game" at critical zones and put my orders through a different platform that can be opened besides.

"How do you differentiate between gold and cocoa in your trading? - They are both a 1% bet, they are the same to me" Ed. Seykota

"The toughest thing in the world is holding on to profits... Learning how to lose is more important than learning how to win". Stan WEINSTEIN

Maybe this is the month you could have earned a year's profit. But if you have a method that make all months equal, then I understand you acting as you did. But I thought you were expressing some dissatisfaction?

You can earn a year's profit in one month or week. Why try to book profit every day or so, as if it were a per hour job? Anxiety? As for the "you can always get back in" part, I 've always found very easier said than done.

How possibly can you "programmatically analyze the tape data for different time frames" ?

Agree you should only be in a trade if you are already in profits that might act as cushion. News time is great for trading because all the participants are present. The only problem is the length of time to let the market calm down and a direction emerge before entering. To me it is 30 min generally but at times after ten minutes the direction is set and you can come back.

Of course it sheds some light, thank you for taking time. I believe you meant Jigsawtrading. Actually I have not tried foot prints, I only use cum delta. Will try footprints to see the difference if any. They are all representations of what happened on the dom anyway.

Totally agree there are levels you must monitor closely when day trading. Problem I have and which makes me hesitate and miss trades at times is that there are so many levels where reversals/retracements can happen: past days/weeks lows, highs, open, closes, pivots...Do you have any criteria to guess ahead of time the level most likely to hold ?

Hi Mickey what makes you preffer the foot prints over the cumulative delta?

“Economists have predicted 10 of the last 3 recessions.” -

Absolutely. Dennis went out of business after losing half the capital he had under management.

Absolutely, MMs. We are having the hottest days of 2013 right now in Europe. If that is the case in the Usa as well, can that be the reason ?

The longer the time, the riskier the outcome imho. Not sure the extra risk is worth the while. I always consider gaps as intraday plays.

Totally agree with you that, as a Master, Mits could have been a bit more welcoming to you but who knows, everybody have their ways of saying welcome . Nonetheless I agree with him: which argument are you bringing to the discussion at hand? Any trading strategy you think of can be deemed worthless by anybody who doesn't master it. Mr Google can testify that there are lots of successful gap traders and teachers. Attached is a chart of the Bund with 8 recent gaps. They didn't all fill, but that should be okay for the probability player, as the overwhelming majority (5/8) got filled with awesome profits. And there are some lessons to be learned from those not filled as well, if you scrutinize them closely.

Agree the bund is very good at filling its gaps, generally within 2 hours. But looks like the bobl is even better. Have you traded it ?

Hope I hear you loud : If you must be flat at 3:15 NY time, okay: if rollover is imminent, okay. But as for jobs numbers, it is still a 50/50 proposition. It can add to your profits if already in a trade, or stop you out. In that circumstance, I always readjust my stop, but never close a trade I am in because job no or Bernanke or Draghi speech. Anything can happen at any time.

Where did I see a phantom around here? Or was that a phantom of the keyboards? Lol... I fail to understand the role of time in proving a trade wrong. You never know what will happen after you enter a trade, be it 10 seconds or 10 hours later. My experience is that it is a 50-50 proposition each way.

I am wondering what exactly has changed in the use of MP since the beginning? If TPO's are no longer helpful, does it mean you only need the day MP to trade, like the ones beside some DOM's? If so, how about the IB? There should be a way to bring the open/day types down to 2 questions: will this day trend or no?

Lex Van dam implementing Paul Tudor's methods, or what am I missing?

My mistake, Sir ! I thought there were but civilized grown ups here.

Please leave me alone !