I went there around 8:00 EST and there were some people in there at that time.
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40 minutes ago? I was in at that time too but the only one there. The message read "Welcome to NomantisFX Chat BJ1. We will be here on Friday September 17 from 8:00am to 12:00pm EST."
Thanks for the link. I had some interesting conversations with the guys and even took a couple of quick profitable trades.
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No problem. I was only able to make it there for a short time one day last week. Work has been crazy but I hope I can get in the more soon. Have you guys been in the room during Asian session? I think they mentioned that and I may be able to be there at that time.
No problem. I was only able to make it there for a short time one day last week. Work has been crazy but I hope I can get in the more soon. Have you guys been in the room during Asian session? I think they mentioned that and I may be able to be there at that time.
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They mentioned that if there is enough interest, they will be around during Asian session. There was one day when we were looking for trading opps during Asian session but it was very slow and no trades were taken during that time.
I have changed how a I am trading a little. I moved away from 1m charts to a 233tick chart. It takes less than a minute for a bar to print sometimes and sometimes it will take about 10 mintues. Usualy about 2-3 minutes. I'm still looking to trade off support and resistance and looking for reversal patterns. I've added stochastics slow to my charts. I don't really use it for trading ideas. I use to to support where I see support or resistance points are on the chart.
If you can see the chart. The two verticle lines are shorts. Those lines are where resistance was (or where I thought there was resistance) The first trade worked out well. I got in at 1.58511 floor trader pivot and exited 1.57379ish. The seond again, short the pivot then exited after it stoped at 1.57791. I will have to send a thank you letter to the bank of Egland latter today.
I have changed how a I am trading a little. I moved away from 1m charts to a 233tick chart. It takes less than a minute for a bar to print sometimes and sometimes it will take about 10 mintues. Usualy about 2-3 minutes. I'm still looking to trade off support and resistance and looking for reversal patterns. I've added stochastics slow to my charts. I don't really use it for trading ideas. I use to to support where I see support or resistance points are on the chart.
If you can see the chart....
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why the indicators on the chart dan?? i loved your postings, don't buckle there's nothing on that price chart already that the stoch is going to tell you, just replace it with volume.
Look forward to your return. I really enjoy your posts.
why the indicators on the chart dan?? i loved your postings, don't buckle there's nothing on that price chart already that the stoch is going to tell you, just replace it with volume.
Look forward to your return. I really enjoy your posts.
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Hey, thanks for the post and the vote of confidence. Yeah, stoch. don't tell much. I replaced stoch with Macd which is a little better but still doesn't work all that well. Nothing beats the price action. Mostly my problems are with fear and hope. To solve those problems I look at indicators. It helps sometimes. As we all know indicators are derivatives of price action and lag the market. Trading is so easy, it is hard. Maybe one day I will write a book called Hope, fear and faith: the path to poverty or riches. The first line of the book will read; It is easy to become poor yet easier and less stressful to become rich. Right now I trade mostly futures. 10 year treasury notes (TY), 5 year treasury notes (Fv), euro futures, gbp futures, and aud futures. I trade off of tick charts: 144, 233, 987. For me they just look "cleaner" than a 1M chart. In Feb. I will take the series 3 exam. No real reason just want to prove that I know what everyone else knows.
