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joshdance
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Everything posted by joshdance
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I have 9 or 10 as well -- it could be painful, but if you open and restart each one, it may be the only way to verify. Do you have a lot of custom indicators, or mostly stock indicators? You could also identify all of your indicators, put all of them on a single chart and open only it, and then see if this also leaks memory. Heck, start from the very base: open IRT and close all charts, and see what the memory looks like at that point. That's how I would approach it, one bite at a time.
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How many charts do you have open? If you only have a few, you could do a trial run where you close all but 1, observe the memory, and see if it climbs much. Then close it and try another. This should tell you which chart is causing it. Kind of painstaking, but it would work I think.
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Nope, only that one time for me. I consistently sit just below 190MB.
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Sure, call it a wash. No problem with that. But on the brokerage statement there will be a little + and not a -, and that was my goal here. Yes, poor entry for sure, no doubt about it, though the basis was solid. I was only willing to commit up to a certain amount against the position, or I would have really liked to added again at 09. Might as well have said gobbeldy goop, this means nothing to me. Does the overnight activity change that perspective, given that Monday's low has not only been broken, but is now providing resistance above? Or does that not count for you?
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Perhaps Tom, but compare yesterday's buying into the close with Friday the 23rd or last Thursday the 29th. The fed's minutes basically said that they are not going to do QE3 unless economic growth slows back down; and, that a significant outlook change could alter their ZIRP which previously was until late 2014. The buying at the close was pretty clearly not buying which would be expected to continue through the session. In fact, seeing that 09 was last price traded prior to the news being released, if the market could have made it north of that, it would have been very significant. A couple of weeks ago (I think) I held a trade overnight, but it was already well into profit. This time, as gosu mentioned, my entry price was poor and thus I was not able to secure a profit before heading to bed, and I value my sleep so I chose to close it close to BE rather than run the risk that the market would test 09 again. So my point is, while it may have been a gift, there was a reasonable basis for a short market bias, both fundamentally and technically, and while I wish I would have held it overnight for my original targets (01 and 97 IIRC), I'm okay with closing when I did.
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If I Hear "price Action" or "setup" ONE More Time...
joshdance replied to joshdance's topic in General Trading
Perhaps you should tell them this... if you've been trading 30 years and you need "students" to keep you profitable, there's no doubt all sorts of misinformation in their heads! I believe the attached picture is where you want to go in your profile to properly designate you as a vendor, if you choose to do so. In all seriousness, there is a distinction between "price" and "a market" -- of course, we all know what one means when one says "price is now at 105.00" ... but it would be more accurate to say that "CL is trading at 105.00" ... it shows what a "market" actually is. A market is not one price... and IMO, it's an important distinction to understand the dynamics of supply and demand, and HOW the market moves. At the end of the day, perhaps it's just semantics, no need to get feathers ruffled! -
Just checked in at home a few minutes ago, and just closed this at 04.50, for a 3 tick gain. How's that for a f-d up R:R? Happy to get out without getting burned. Down may very well be the direction overnight, but not wanting to play it that way, would rather be flat.
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perhaps amazingly foolish, tom! Although I am typing this from my mobile right now, I still have a remote login service that I use to check my home pc. I may leave the lady at home, but I still callin to check on her
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I will be stubborn and leave this on and leave as I have an appointment. Incessant buying into the close.... my biggest problem right now, not taking a loss when I should have simply reversed and could have been back at BE on this trade.
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lol, the moment I wrote about the absence of green, the buying started... :-/ hanging in and managing this manually to avoid getting ticked out before a reversal.
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shorted 04.75 ........ bids holding but not enough green delta here for me, looking for a retest of lows edit: added one at 06, short now 05.25 basis
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I failed to see that 06 is Friday's high that it could not break through in globex or RTH, as well as the general area (05) base of support before last Wednesday's break down. Some may be seeing a right shoulder forming no a H&S starting with Friday, with the target being down towards 83-87. Just observations.
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Simpler is often better, so consider yourself smarter than me For example, where did the most aggressive holding of the bid take place? A couple of ticks above yesterday's low. No profile necessary, just buy the freaking low right? Simple, but effective. Hard to say about this now... the mood has obviously shifted, but sellers may try again at 09... but it this market were really very bearish, why should it come back up to 09 to begin with? We will see.
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Well, after the break of LOD, 1405 was rejected, and so given that it was the top of the low volume prices before we get back up into balance. Also, from 09.50, just prior to news, down to the bottom swing, 00.50, 1405 is 50% to the tick. Many in the market seem to recognize the significance of a 50% retracement. I pay a lot of attention to it. Much more than fibonacci. On a S-turned-R note, 1405 is also the pullback level yesterday before it really got going, and a tick below the prior LOD today, 05.25. Any number of factors could potentially give significance to that price in the minds of market participants. The reasons above are part of what allowed me to stay short from 03.75, without too much fear, and thus I placed my stop at 06.25 to give it room.
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It's behaving like it really wants down... edit 2:42: out at 1400.25 ... pretty confident y-low will be taken out but just in case...
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possibly foolish, I scaled half off at 02, but I think it was the right thing to do given the circumstances. I don't like the way it bounced up from there. Stop is 04 on the other half... not confident in a long quite yet, but not as confident in a short as earlier. Either way, guaranteed +1.5 on the trade, even if stopped out.
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Hanging in here, and targeting 1397, and will leave half for a very optimistic 90 Market will try to buy 97s I'm sure if this falls through, but solid support closer to 87 All of that is negated if this support here holds though.. but in my view this is kind of the line in the sand for bulls. If bulls hold here and get the buying going, I guess 1413s could find sellers, but ultimately I see no reason for anything other than new highs (not today) if this level here (1401) holds. EDIT: If this can't get going and this does indeed hold, I will look to buy, which was originally my plan anyway as in an earlier post, I mentioned I would remain bullish until 1401-1403.
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If I Hear "price Action" or "setup" ONE More Time...
joshdance replied to joshdance's topic in General Trading
No worries mate, I only started the thread, it belongs to everyone now, I love hearing the comments of others -
No buy ready yet .... could the market receive this as a wake up call and realize, oh wow, up 12% in one quarter and the Fed will not keep giving us our drugs... "maybe I shouldn't buy the f'ing dip"... EDIT: reshorted 03.75 but will watch it closely
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done on both targets.. not ready to buy yet edit: you know it's a f-d up market when it responds to strong economic growth this way
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first target of 03.75 reached holding other half for 02, stop BE (06)
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"no need to ease unless growth slows" .. hello sell button
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lol !
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From a look at the delta and volume in general yesterday, it appears to me that the REAL buying started from 01, and then again from 05. In other words, I do not see the clock ticking to 10:30 significantly altering when the OTF became active yesterday. I will stay bullish all the way down to 01, all depending of course on how the market reacts at that level if it gets there, as well as what the fed actually says. Sometimes like a rodeo! Ride 'em cowboy! :fight:
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I see, Tom. With regard to a prior IB high or low, what significance do you feel it has today? Rather, why do you feel it is significant?