Hlm

Today in the chat room a member was describing how they could see direction but had trouble finding entries. Of course, my initial response was that if you can really see direction on one time frame, all you need to do to get precision entries is to look at other time frames as well (of course easier said than done, but that's not the point of this thread). Then it hit me. Of course that could have been the second cup of coffee taking affect too . It's exactly like GPS. One satellite doesn't do much. It pretty much can narrow you down to what side of the globe you are on. Add another one and maybe it can narrow it down a little bit more depending on the distance and location the satellites are from each other. When you add the third satellite your position can be triangulated accurately if you know your elevation. Add one more and you have precision. I can picture the book cover already :o. As you can see, I posted this in the "General Discussion" area because it is more of a caffeine driven rambling instead of serious trading discussion. ADDED: Again, just a fun thought. Not meant to go into how to read those time frames or how to find the area of least resistance.

Currently there is only one general chat room. However, I do know that the software being used (BlaB! 4) allows easy creation of multiple rooms. I would message Soultrader on details or suggestions about room additions/changes.

Lately, on average, there's been around seven or so individuals in the room give or take a few. About half of those trade the ES while many of the others trade the YM (with some NQ, DAX, and Forex sprinkled in there). The room isn't anything hardcore and is mainly just for hanging out and discussing techniques and the general intraday movement. Of course, this is to be expected when you have different styles and time frames being traded.

That's what I use. I always like to stay up to date with the newest versions. As for graphic artists darthtrader is correct about very little changing. The majority of the updates have to do with digital photography (out of the camera) and working with RAW files. I would still suggest learning on the newest though since you might as well get used to the new layout.

I just want to verify your exact concern... Are you saying that Sierra is lagging with the quotes and you are seeing it earlier in OEC (e.g. with tick chart)? Or are you just saying you think the overall YM feed (both OEC and Sierra) feels like it's lagging?

Have you compared the YM to the ES especially around market open? At certain times the instruments (especially the YM) can be very slow.

Yes, Market Profile can be used to find areas of S/R but is also tells a larger story (context) based on alignment with previous areas and distributions. As you continue your journey into trading you will see that there are different ways to trade S/R areas. Some like to wait for the reaction while others (with context) like to have inventory (a position) going into the S/R area. It's good that you aren't jumping into anything blindly with being new. There are tons of free resources out there and one should exhaust those first.

I would look HERE and HERE. Both links contain a compiled list of photoshop tutorials. I am the kind of person that just likes to jump in there and learn as I go.

Thanks for the reply brownsfan019. I plan to at least give them a try once my system gets past its next phase. I really like the idea of being able to place trades via a URL string (Documentation HERE). This makes it extremely easy to program execution across different applications.

Since my last post finviz.com has added many new features such as... Relative Volume Filter Economic Calendar & Earnings Reports Earnings Date Filter Insider Buying/Selling A New Help Section Also, they currently seem very open to suggestions. A couple of simple things I have suggested have already been implemented.

Hey now, half of that is my own words. So...I will take smart and sophisticated. You can have popular and good with the ladies since I already have an awesome wife. I guess we can share attractive.

Yep, too often we look for everyone else's solution instead of creating our own. (Thanks smwinc)

Yes, do your own due diligence and be weary of anything involving money. However, I still find it so interesting that people are referring to it as a "room" (on this forum and others). The room itself is mainly for demoing/advertising. Almost all the traders I know that currently use the methodology do not spend time in the room. Many even think the "demo room" is annoying and distracting. At most they are connected to Greg via private message through yahoo and stop by during the training. Again, I am not promoting this service or any other paid service. This is by no means a "holy grail" and may be of little use depending on the individual.

Exactly OAC, very true. Which makes sense since TTZ is not a signal service. Also, even if this Greg guy makes money it doesn't necessarily mean you will either. No two traders act the exact same way and if you are a live trader you know this to be fact. Members are told not to "shadow trade" the room and emphasis is placed on members learning how to spot trades on their own. It is an educational package that includes on going weekly after market training. In my opinion the only things that can logically be discussed are the educational material itself and other black and white items. Of course the material may or may not be helpful to the individual depending on their personal traits. Generally the only useful information that comes out of these threads are specific questions that have specific answers. Does it teach this concept? How much does it cost? What type of extra training is included? On average how many trades a day can be taken? The rest has to be researched and discovered by the individual while doing their own due diligence.

DbPhoenix, you left out the best pictures! If this is a LEGIT question, please make sure you have used the search function to its full extent first.

So is collective2 one of the best ways to go? What if someone has no interest in "subscriptions" but wants to keep a legitimate record of a strategy for potentially larger clients? I do like that fact that collective2 has decent software options including APIs and that they are priced fairly. Has anyone else had any personal experience with other such services? The service would have to have the ability to track futures and FX as well. Edit: I just noticed that this is my 100th post.

Very true. If you aren't dreaming about this stuff at night than you aren't studying enough. :o

Many of the videos have been moved into the Premium Laboratory section. Soultrader explains it HERE.

Glad to hear it! It is by far my favorite code site. I have been using it for about 10 years now. After searching through code for a bit it will probably ask you to register. But the good news is that it's still COMPLETELY free.

Yes, I enjoy the .NET environment. Planetsourcecode.com has much more than just snips. I did a quick search over there in the .NET section and it came up with several completed analog clocks. I never like to reinvent the wheel when possible. If you wish to discuss any specific programming issues feel free to post them here.

Whenever I get stuck programming I head over to PlanetSourceCode to get a few code snippets to keep a project running smoothly. If it's a popular topic it's interesting to see the different ways it can be accomplished. There are probably a ton of examples if you search for "analog clock". What language and compiler are you programming in?

Sorry newtrader100, I completely missed your question. First of all I was told be a TL member that Sec is no longer with TTZ and that they got a new person to trade the DAX in the morning. However I have not confirmed this information. If someone who is actively in the room can confirm it that would be great since he is one of the major "bashing" reasons and complaints I have heard from TTZ members. The 3M chart has nothing to do with Market Profile. Your standard TPO Market Profile that you use was created in the previous trading day. Also, even if you have a Market Profile indicator on a 3M chart it should still only be taking the price extremes at the end of 30 minutes to calculate the value. The only exception to this would be a developing Market Profile area which will let you see the "uncompleted" value area in real time. They use the 3M chart to create setups that may be traded off of Market Profile areas and based on contextual readings of the Market Profile formations and placements. Many, but not all, of the Market Profile rooms I have seen don't use the "text book" Market Profile setups (including TTZ). They focus on the actual value areas in the past (vah poc val) and not so much the distribution of the value areas. So no, they aren't using every aspect of Market Profile and have simplified it to an extent, but their methodology and trading decisions are highly based around it. They use 3M setups with Market Profile to give them more trades than the standard "text book" Market Profile trader. Hopefully that makes sense. As far as it being worth $2600...that really depends on where you stand as a trader with experience and knowledge, your personality, and what your expectations are. Everyone has to do their own due diligence since everyones situation is unique.

Here is a visual example... versus... Again, not a huge deal.

Works fine and mirrors "Date and Time Properties" clock nicely on XP SP2. No blinking on my system. One observation though: I don't know how you have it programmed but sometimes when I run it the "seconds" hand never fully straightens out (smooth line) when hitting the 12, 3, 6, or 9 places. Of course this isn't a big deal. I just found it interesting.

Exactly, many traders don't like to be disturbed during RTHs so organized discussions are better suited for after market hours. As for myself, multitasking is in my blood and my trading is very methodical so it doesn't bother me much.