suby

ZDO. thank you for your feedback! In regards to MACD, I am still learning however, what I have derived from MACD as a leading indicator is this. When I track a stock or future, I follow it on the 1 minute, 5 minute and 15 minute charts. MACD paints a different picture for all three of these time frames; however, I use it in conjunction with my insight of the stock/future and its behavior. The biggest take away I have derived from it is, Buy when it dips below the 200 MA

Colonel B, Thank you for your insight! I'm not sure if you use think or swim but do you know if it is equppied with the VPOC? If not what to you recommend for someone to use this tool? " What you are missing is what you do want is to figure out where the institutions are trading and trade with them. Why? Because they move the market. That is why" How do you determine/grasp where institutions are trading? Volume spikes?

DB, What indicators do you trade with/ what indicators would you recommend? Obviously this is subjective to each individual but I am curious to hear your insight on this.

TRO, you are a boss!

Alright zdo.... your advice is sage but you still havn't provided me with any advice.... As i said earlier ultimately i make my own choices and decisions but one of the purposes of why i started this thread was to generate some insight of price to volume and what people use. What does your trading methodology consist of?

DB what are your thoughts on candle stick patterns.,..?

Thanks for the reply Tams My theory, The trend is your friend Buy high, sell higher, Sell low, buy lower I can read the instruments I choose to follow, my problem is developing my methodology. Every where i read says keep things simple. I have done research on stocastics and they work for some people and don't work for others I am trying to make things as simple as possible hence why i like to assess the price to volume relationship. Are there any tips you can provide me with in regards to developing a methodology... What does your methodology consist of. I understand that ultimately I am in charge of developing my own strategy and making my own decisions and having my own view on the market and the price action of a stock; however, as someone who is more or less a rookie in technical analysis.... it is hard to get to your destination with out a map I am attempting to develop my map, could you help?

Hi DB, I have read your post regarding Trading By Price and in it you even disregard Volume Bars.... Correct me if I'm wrong but the strategy you are advocating is more or less to develop Support and Resistance Lines when the price is consolidating and making a decision from there...?

Could you post a link to those threads... can't find them anywhere

Neither lol...? So then what?

Hi guys, I'm trying to develop a technical strategy to my trading and seem to be overwhelmed with all the different indicators... Currently I use MACD, Price, and Volume.... Am I missing anything or is it naive to make calls on the Price to Volume relationship? Would love some feedback from some of the pros Thanks in advance!

Hey Garylorthe, Thanks for the indepth reply. I have never in my life heard about having a minimum of $25,000 in an account to day trade stock by the SEC. Can you clarify this?

How do you "know" how to take advantage of Leverage... What about time decay on ETFS.... Have you ever swing traded etfs?

Thank you kindly Siuya

Hey guys, I am trying to narrow my instruments and I am having a hard time deciding between E-Minis like QM and MGC and ETFS like VXX, TZA, and USO. I was wondering if I could get some opinions from the laboratory on this... Do you feel e-minis are safer or risker than etfs? Which of the two are easier to get started with as a beginner Are E-mini's better for day trading and ETFS better for swings....? Any advice is appreciated!

Hey Tim, I really appreciate the detail in your post. I currently use in my sim trading; Price, Pattern and Time. Specifically my methodology is based on the Pattern of the trend, the Volume and their relations to the moving averages... Am I missing anything? I think right now at this point in time is i'm still overloaded and am having a hard time developing a concrete methodology... I was wondering if you could comment a bit more on this and lead me in the right direction in regards to this... Many thanks!

Thanks for all the replies guys! I have started SIM trading with CL and QM - 4 Trades deep. Will post results once finished. Does anyone use Ninja Trader?

Trade ETFS if your looking for swings TZA and VXX

Siuya, Thank you for the detailed response. The logging in a trade journal really hits home. Do you have any books/threads that you could recommend for a newbie to look at? Do you base all of your futures trading solely off of technicals or do you integrate any form of fundamental analysis into your approach. Are you solely a discretionary trader or do you use systems at all in your futures trading? In your opinion what is the minimum amount someone should trade futures with?

Hey Guys, I'm planning to start futures trading in my account in the next few weeks. I don't plan to do so until I double my sim account a few times. I'll be trying to stick with e-mini Oil and Silver. What would you guys recommend for a complete newbie for myself to get themselves as prepared as possible before I actually hit the ground running? Many Thanks in Advance, Suby

I take it that no one uses fundamental analysis when trading Futures...?

Whats the best times to trade Oil?

Was wondering if anyone has ever Futures Fundamental Analysis by Jack Schwager.... A friend of mine recommended it to me but given the price tag i'm on the fence Whats everyone's take on Fundamental Analysis when it comes to trading futures? Do you guys use any form of Fundamental Analysis or solely trade on Technical Analysis? Any advice is appreciated!

Why not??????????????????????

Hi all! New to the forums, not new to financial markets but just starting to trade on my own. I'm still in the embryonic stages of my development but I've so far concluded that I don't want to build automated systems to trade. I've read through the forums and noticed that there is plenty of support for discretionary traders. I was wondering if any discretionary traders on this site use systems and if so what kind of systems? I am currently reading evidence based technical analysis and it strongly argues that Technical Analysis is wrong.... How can a Discretionary Trader apply systems/systems provided in the book "Evidence Based Technical Analysis? Suby