Usual slow upmove without a catalyst....it will continue slow upmove unless we get bad employment reports later this week/random EU comment spooks...
If aiming for 2-3 ticks, 'scalping', your stop can't be 2-3 ticks. You need to watch ES on a 1-min or tick/volume chart to understand it's price...
Don't usually look for this but as the ES DOM dried up, I did see some size hitting the bid (1100x1100.25) couple seconds before the 10:00 am move...
Do not rely solely on a MACD crossover to make your trading decisions. At the least, understand the context of price in terms of Higher Highs,...
No. Always assume buying the ask and selling the bid for scalping. Sim trading that let you buy on the bid and sell on the ask instantaneously...
It's kinda like one-sided gamma scalping? Long premium and running a pseudo mean reversion system?
I have an IB account, I think fills are pretty realistic on the simulator....of course, the lower you go on the volume/liquidity totem pole, the...
It's probably due to the equities you are trying to trade. AMMD is a relatively light volume stock (it only trades 2 milli + on earnings,...
iirc there is a Greek debt auction next week, that might be an event that causes a vola spike...if it has bad results. Then again, with EU...
Assuming that the Investopedia fills you instantaneously at bid/ask. In live trading, you have to wait in queue.
At the least, understand Higher High - Higher Low / Lower High - Lower Low (HH HL / LH LL), and trading with the trend.
If there is no more rhetoric out of Washington (bank tax) or sovereign debt headlines (PIGS) do we drift back up to 1148? Opinions?
Jack Hershey, appreciate the charts but, where exactly are the entries and exits? I look at the Price/Volume Relationship thread at TradersLab...
Don't want to mislead you, but I thought it was VWAP pricing. VWAP is calculated throughout the day and then the counterparties execute at EOD,...
Check out this thread from a couple months ago for an earnings idea, bebpasco did a double reverse calendar for RIMM, worked very well :)...
Nice work rj, how long have you been trading? Also, do you watch DOM/Time&Sales or do you watch the orderflow filtered into charts?
Good link (thanks to someone else on ET, forgot who): http://mam.econoday.com/byweek.asp Important ones are Retail Sales, Jobless Claims...
Down week, last hour on Friday rally hard....brings back memories :)
Hi Robert, great journal, I read it frequently. Just my observation, it seems your gap up strategy is very consistent (maybe you could share a...
why did you stop trading the 95% strategy?
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