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xioxxio

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Everything posted by xioxxio

  1. No, by definition day traders are flat at the end of the session. I would put you in the camp of a short term trader.
  2. Is anyone using the above? I believe CBOT pulled the plug on it and is not available anymore, anyone know why?
  3. The chart is live right now of the SPI (S&P200), 80 minutes into trading, 5minute bars.The lateral started on bar 17
  4. Question for experts, how do you read these two laterals today and make money trading them. They both lasted 45 min each. It was like watching paint dry Thanks
  5. Have a look at Spyder's Bar by Bar, On bar 1, he speaks about increasing black volume and the price closes inside the previous bar, so a short is initiated. That black bar should be a red bar since the close is lower than the open, why is it black?
  6. I am not sure about IRESS, I am surprised it is slow, are you running the web version? We have servers in the colo of the exchanges we trade. If not we use Bloomberg or Reuters data. It is amusing watching the differences in IB and BB on the ES
  7. On the ES, it was pre-market and in the first 30 minutes into the trading session. Also when the market goes nuts. I watched the ES go up 3 ticks and back down and IB did not even flinch. I was horrified. I am in the process of looking for another data provider for futures to execute through. I will keep IB for stocks only.
  8. I am not sure what you mean by big order. I find the best fill without missing the trade is a fill. i.e. buy at the ask and sell at the bid. Greed is what causes you to miss a trade. I have a problem with pricing, I use Bloomberg for live prices and it differs from my brokers. Both are delivered through the internet and most times my brokers prices can lag up to 4s from Bloomberg. This reinforces; buy at the ask and sell at the bid, since the price you see from your broker may not be the actual market price.
  9. My employer has given me permission to trade the e-mini since it is not an instrument I currently trade and falls outside office hours. Are there any chatrooms that you guys use on this forum. Thanks
  10. Are you able to install multicharts on two separate pc's (desktop and notebook) but only have one session running at a time with a single license. Thanks
  11. Please elaborate on the messages you get from the markets with respect to laterals? Thanks
  12. There are only 4 scenarios you can get a lateral in an up dom, down dom, up non-dom, down non-dom. Regarding the different points (1,2, and 3) can be in any on the above, the lateral can be the start or finish of the 3 points. On a side note has anyone looked at a higher time frame to see what the lateral is doing? I have attached Fridays ES 5min and 10 min chart and in the 10 min chart. The lateral is this case is forming higher lows on the 10 minute chart. On the 5 minute chart you are not able to see this.
  13. Lateral Formations pattern recognition Has anyone found any rules regarding lateral formations? For example if the lateral is in a non-dom up trend, you would expect price to reverse on higher volume and or looking at which point the lateral is in the tapes. The above is something I made up. I would you like to hear from people that have done work on laterals. I find laterals the most fascinating market structure.
  14. Thanks for that, I had a look at the code and the coding for the colours looks incorrect. It should not be using the previous bar for black and red. It should be the open and close of the current bar. Is MC coding different to TS? In TS I use if C>O Below is the code from MC if c > c[1] then color = upcol else if c < c[1] then color = dncol else color = color[1];
  15. Does anyone have the "bouncing ball" on the volume for Multi Charts or Tradestation? Thanks
  16. That is a software setting. The volume must be the same ie. if price bar is red volume bar for that price bar must be red and and same for black and blue. If the Open of the bar is greater than the Close of the same bar it is Black If the Open of the bar is less than the Close of the same bar it is Red If the Open=Close the bar is Blue ( I have coded it that way), generally when the bar is blue have a look and see if you think it should be black or red depending on price action. Below is my TS code for a Paintbar If Close < Open then PlotPaintBar(High, Low, Close, Open, "-", Red); If Close > Open then PlotPaintBar(High, Low, Close, Open, "-", Black); If Close = Open then PlotPaintBar(High, Low, Close, Open, "-", Blue);
  17. Jack and or Spyder spoke about “outside bars” as not common occurrences. In the markets I cover they are very common. I can’t seem to find any documentation on how to handle them with respect to taping. I treat that bar as the change it direction of the tape, is that correct?
  18. I have been trading JHM now for the last few weeks and it has been amazing. I have mainly been trading it on the "bark and leaves" level, since I am not using my own money . I have been using it on the SPI and KOSPI. Has anyone tried it on the NIFTY? There is no DU volume ever. My advise to all newbies is watch the Tuscun Meetup Videos. The penny will drop.
  19. SIUYA, I agree. As long as you are making money, do whatever fits your personality.
  20. I wish I could, but the risk too large since I would be fired if it ever got back to me.
  21. eqsys, you have no idea what I do for a living, I trade for a bank in REAL TIME over allot more than 5 instruments and across more than 4 markets. FYI, if I lose money I get fired. I have pressures of profits targets to meet and to manage risk. It’s not a holiday camp.
  22. eqsys, pointless to respond to you. Go promote your "service" elsewhere. SIUYA, a car does make you lazy, you could always cycle, walk or run
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