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Carpe diem: Intraday tactics for Dax and Dow

  • #8,001
  • Mar 26, 2015 8:49am Mar 26, 2015 8:49am
Quoting Sakk
{quote} I also use round numbers 50 an 00. Interesting how you use the 20-33-66-80, do you mean you also watch price action at these levels?
If it is, look at my graphics and see that most rebounds occur at these levels.
  • #8,002
  • Mar 26, 2015 8:50am Mar 26, 2015 8:50am
longs again but in US30
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The only constant is change
  • #8,003
  • Mar 26, 2015 8:54am Mar 26, 2015 8:54am
it seems that we become bullish, the minimum last no more than the previous.
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  • #8,004
  • Mar 26, 2015 9:04am Mar 26, 2015 9:04am
Quoting littspaniard
longs again but in US30 {image}
SL hit, -72(-26-26-26)

time to rest
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The only constant is change
  • #8,005
  • Mar 26, 2015 9:26am Mar 26, 2015 9:26am
Massive run up this year so far, weakening fundamentals in the US, uncertainty still over Greece, war in the middle east and quarter end almost upon us - another couple of days profit taking going into the end of the quarter possibly?
  • #8,006
  • Mar 26, 2015 9:44am Mar 26, 2015 9:44am
Quoting Sakk
{quote} The data feed is from FXCM. I use 2Range + HeikenAshi. Automation is something I've been working on. Most of my signals are generated using NinjaTrader but i place the orders manually. The problem I have is I filter out some of the signals via hand drawn trendlines but I cannot interpret the drawing of the trendlines into C# code. I notice Islander drops his auto strategy once it meets his conditions. That could be a solution? By the way if I was ever shown a method by yourself I wouldn't dream of tinkering with it, knowing the caliber of...
Thank you for sharing. RBs...reminds me of days past

There may be viable alternatives to your trendlines. Let's talk offline.

Still, C# sounds painful. Nice language, but I'd like to focus on trading. I'm considering TT's X_TRADER which has nice algo features, instead of the the retail stuff.

Yes, Islander's method of turning on/off algo when conditions are met is a good option.

As to sharing, I think there are many things to be said for each developing their own manual thing, while teaming up on algo projects. Algo is sufficiently different from manual, and running algo trading requires a team. Let's talk.
  • #8,007
  • Mar 26, 2015 10:14am Mar 26, 2015 10:14am
Quoting smogser
{quote} I can only guess why you are quoting my post here))) To the point though: in one of your posts you said you place stop orders above and below the market on some levels, without further expounding on the nature of those levels (actually, I personally have no need for explanation, what a "level" is. In fact a half of my book is about identifying levels - no matter how easy it may seem for the majority of traders), then I saw you citing Seikota in your profile. And I thought to myself "this guy knows what he does". As it was so much sound with...
It seems like we've misunderstood each other a bit, or is it a language thing? In any case, apologies for any additions of mine to that, and let's get back to collegial terms. Thank you for your initiative to that.

So, to get to your question, I've got a strategic framework which takes care of levels, trend/range, S/R, etc in a multiscale fashion, so, for example, short/medium/long-term S/R. From that I've got a number of setups, which tell me when to trade, and a line on one of the charts telling me which level to enter at. So when a setup shows up I put a stop order at the line (with some discretion). That's all, and as 11900 was identified as long-term support, the target for a counter-trend long-term correction was set at another level given by the framework.

Satisfies your curiosity?
  • #8,008
  • Mar 26, 2015 10:14am Mar 26, 2015 10:14am
short 11730 sl 11757
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  • #8,009
  • Mar 26, 2015 10:19am Mar 26, 2015 10:19am
Quoting jmss59
short 11730 sl 11757 {image}
SL now BE
  • #8,010
  • Mar 26, 2015 10:21am Mar 26, 2015 10:21am
Quoting jmss59
{quote} SL now BE
closed +24
  • #8,011
  • Mar 26, 2015 10:29am Mar 26, 2015 10:29am
long 11720 SL 11695
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  • #8,012
  • Mar 26, 2015 10:32am Mar 26, 2015 10:32am
SL now BE
  • #8,013
  • Mar 26, 2015 10:41am Mar 26, 2015 10:41am
to see if they cover the gap
  • #8,014
  • Mar 26, 2015 10:42am Mar 26, 2015 10:42am
I move SL 11740
11750
  • #8,015
  • Mar 26, 2015 10:43am Mar 26, 2015 10:43am
hi,

longs us30
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The only constant is change
  • #8,016
  • Edited 10:58am Mar 26, 2015 10:47am | Edited 10:58am
SL out +30

at the end into heaven goes, hurts
  • #8,017
  • Mar 26, 2015 10:59am Mar 26, 2015 10:59am
Quoting littspaniard
hi, longs us30 {image}
Closed +72 (24x3)
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The only constant is change
  • #8,018
  • Mar 26, 2015 11:04am Mar 26, 2015 11:04am
as i can see, some nice trading here - and climate back to norm. fine!
fortis fortuna adiuvat
  • #8,019
  • Mar 26, 2015 11:05am Mar 26, 2015 11:05am
long @11.809,5 sl -10 tp +30
fortis fortuna adiuvat
  • #8,020
  • Mar 26, 2015 11:05am Mar 26, 2015 11:05am
rest
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