Price Action. Please clarify something for me

Discussion in 'Technical Analysis' started by sgsaxton, Mar 28, 2006.

  1. "valid" only depends on your strategy. Most day traders do not wait for a bar to finish, only for a price to be hit. If your system demands that a price closes over a MA, etc, then yes, you have to wait for the end of the period.
     
    #111     Apr 8, 2006
  2. Okay.

    -Stephen
     
    #112     Apr 8, 2006
  3. As I said I'm checking out Ninja software now.
    -----------------------------------------------------------------------

    Brokerage & Data Feed Support

    It is important that a client side trading platform supports industry leading exchange connectivity providers to ensure that the entire chain that makes up the electronic trading process is solid and lightning fast. You can currently connect NinjaTrader through the following connectivity providers.

    Brokerage/Exchange Connectivity Providers

    Interactive Brokers
    MB Trading
    Patsystems - most FCM's and introducing brokers that support Paystems
    Trading Technologies - most FCM's and introducing brokers that support Trading Technologies
    See a partial list of supporting brokerage partners.

    Data Feed Connectivity Providers

    DTN.iQ
    eSignal
    TrackData
    TradeStation


    ALSO MORE HERE FROM SITE:

    You can connect NinjaTraderTM to both your broker and data feed simultaneously. If one feed goes down, NinjaTraderTM automatically fails over to the other connection! Supported data feed providers include all of our supported brokers plus eSignal, DTN.IQ and TrackData.


    From the above data providers, which one(s) should I
    NOT consider from the standpoint of the e-mini S&P 500
    futures? This would be from the standpoint of simulated
    trading for now.

    Thanks,

    -Stephen
     
    #113     Apr 8, 2006
  4. You're missing the point. Trading doesn't stop and start with the beginning and ending of a bar, regardless of how the bar is displayed. It flows. If you want to catch the "beginning" of a move, you look for changes in the flow.

    Do "we all" wait for the close of a bar or whatever? No. But many if not most do. Which is why they're so easily caught on the wrong side of the trade.
     
    #114     Apr 8, 2006
  5. Cheese

    Cheese

    Absolutely right.
    But how you order that information (bars, charts) is key to perceiving what you are looking for.

    For intraday gyrations (eg YM), it is a key consideration if you want to enter your trade in a new move at the very bottom of the preceding opposite move or at the very beginning of the new move.
    :)
     
    #115     Apr 8, 2006
  6. 1000

    1000

    Depends on your broker. They will tell you which one to use.
     
    #116     Apr 8, 2006
  7. Lamont C

    Are you saying you use tick bars exclusively?

    -Stephen
     
    #117     Apr 8, 2006
  8. I'm trying to display a chart. I used to know how to take
    the image on the screen and paste it into clipboard and
    view it. I forgot how.

    Ctrl-Alt-PrintScreen???then???

    Right clicking on the chart brings up a non-Windows
    menu. (The Ninja menu.)

    -Stephen
     
    #118     Apr 8, 2006
  9. I hope this link helps...

    http://www.andyrathbone.com/tips/clipbrd.html


    also, once you have an Image in clipboard memory an easy way to see it is paste it into MS Word Doc... i do this a lot...

    best...

    cj...

    :)

    __________________
    HAVE STOP - WILL TRADE

    If You Have The Vision We Have The Code
     
    #119     Apr 8, 2006

  10. EdgeHunter

    You are a genius.

    I have got it into My Pictures. I will try to post it.

    If you have the music we have the chords. hee hee
    (That is, microtonal music.)

    -Stephen
     
    #120     Apr 8, 2006