Attached is the XABCD tool. You can find it under your drawing tools as bmdXABCD. Don't forget that you can assign hot keys to any drawing tool in the Tools-Hotkeys menu.
Attached File(s)
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Ratios & Harmonics: a Different Way to Trade
- #47,702
- Aug 29, 2019 10:34am Aug 29, 2019 10:34am
- | Membership Revoked | Joined Jul 2010 | 9,273 Posts
If you fail to plan, you plan to fail.
- #47,703
- Aug 29, 2019 10:37am Aug 29, 2019 10:37am
- | Membership Revoked | Joined Jul 2010 | 9,273 Posts
If you fail to plan, you plan to fail.
- #47,704
- Aug 29, 2019 10:37am Aug 29, 2019 10:37am
- Joined Nov 2009 | Status: Trader | 2,232 Posts
Attached is the XABCD tool. You can find it under your drawing tools as bmdXABCD. Don't forget that you can assign hot keys to any drawing tool in the Tools-Hotkeys menu. {file}
Luck has no place in trading. Leave that for the poker table.
- #47,705
- Aug 29, 2019 10:42am Aug 29, 2019 10:42am
- Joined Nov 2009 | Status: Trader | 2,232 Posts
With the wild markets, I have stepped aside and only demo traded. I started trading live again from yesterday on the MYM, only because, it looks like there is finally a little bit more liquidity in the market again. Here is my 1597 tick chart . It is the little brother of the 1597 on the YM.
Also, the micro account has a 50 cent contract. With these huge swings, we can still make some bank.
My take profit is also in the area that I would like to short the market. However, I will be watching price behavior in that area to see if/ when it is possible to short this market.
Also, the micro account has a 50 cent contract. With these huge swings, we can still make some bank.
My take profit is also in the area that I would like to short the market. However, I will be watching price behavior in that area to see if/ when it is possible to short this market.
Luck has no place in trading. Leave that for the poker table.
- #47,714
- Aug 29, 2019 7:12pm Aug 29, 2019 7:12pm
- | Membership Revoked | Joined Jul 2010 | 9,273 Posts
If you fail to plan, you plan to fail.
- #47,716
- Aug 29, 2019 8:34pm Aug 29, 2019 8:34pm
- Joined Nov 2009 | Status: Trader | 2,232 Posts
With the wild markets, I have stepped aside and only demo traded. I started trading live again from yesterday on the MYM, only because, it looks like there is finally a little bit more liquidity in the market again. Here is my 1597 tick chart . It is the little brother of the 1597 on the YM. Also, the micro account has a 50 cent contract. With these huge swings, we can still make some bank.
I tell myself, that if this is how the market will be for now on with this big swings that I must adjust. Just like how many people made lots of money during the long QE/MBS era, it might be difficult for them to continue to trade without adjusting to the current market conditions. Maybe I am totally off my rocker, but that is my current thinking on the matter.
Luck has no place in trading. Leave that for the poker table.
- #47,717
- Aug 29, 2019 8:35pm Aug 29, 2019 8:35pm
- Joined Nov 2009 | Status: Trader | 2,232 Posts
Luck has no place in trading. Leave that for the poker table.
- #47,718
- Aug 29, 2019 8:48pm Aug 29, 2019 8:48pm
Took a few trades today: EURAUD Long: {image} NZDUSD Short: {image} Hoping to get some good favourable price action.
Started USDJPY Long:
The rotation canle went a pip down from the last candle but still I took the trade. Will add if get a better price.
{quote} Out +159 on the MYM. (this would be like getting 15.9 points on the YM with a single contract). I tell myself, that if this is how the market will be for now on with this big swings that I must adjust. Just like how many people made lots of money during the long QE/MBS era, it might be difficult for them to continue to trade without adjusting to the current market conditions. Maybe I am totally off my rocker, but that is my current thinking on the matter.