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The Really Useless Thread

  • #137,221
  • Oct 5, 2015 3:46pm Oct 5, 2015 3:46pm
Quoting Replicant
{quote} Hello Chester, If I may, from a psycho/ta view : {image}
Very good luck here on euro equities for a few weeks. Caught the full move down after FOMC, and then nearly the full bounce from the lows . Hope my posts helped . Still holding some and looking for some retracements to reload, map looks clear.


holding short on eur/usd for a while now and being patient
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  • #137,222
  • Oct 5, 2015 5:56pm Oct 5, 2015 5:56pm
Let's play the what-if game. WHAT IF: there was QE 4, where do you see equities going?
  • #137,223
  • Oct 5, 2015 6:01pm Oct 5, 2015 6:01pm
Quoting Replicant
holding short on eur/usd for a while now and being patient
I have stayed at that G'hog Day B&B ---- pure hell.
"If The Fool persists in his Folly he will become wise." - William Blake
  • #137,224
  • Oct 5, 2015 6:10pm Oct 5, 2015 6:10pm
Quoting Pharm0r
Let's play the what-if game. WHAT IF: there was QE 4, where do you see equities going?
loaded quention. If shit gets so bad that we need QE4, it might not help in the short run. Sure, WS loves the cheap money, but a vote of confidence from the Fed w/ a series of rate hikes would maybe rally US equities, even bring long bond rates lower.
"If The Fool persists in his Folly he will become wise." - William Blake
  • #137,225
  • Oct 5, 2015 6:21pm Oct 5, 2015 6:21pm
Kind of my thoughts....I don't think at this point it'd be good in any sense, it'd probably be akin to the guy bluffing all in with 2-7 agasint a K-K and getting called on it. embarrassingly weak.
  • #137,226
  • Oct 5, 2015 6:29pm Oct 5, 2015 6:29pm
Quoting The Fool
{quote} loaded quention. If shit gets so bad that we need QE4, it might not help in the short run. Sure, WS loves the cheap money, but a vote of confidence from the Fed w/ a series of rate hikes would maybe rally US equities, even bring long bond rates lower.
Off topic-

IB approved me to trade FX conversions on my Roth. Blue = approved, although I'm not sure why it's grayed out

I'll have to see how it goes. Switching everything I have over to IB. I'm getting tired as hell from TOS, and the more I research the more I see issues with their customer service and at times- misleading approach to business.
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  • #137,227
  • Oct 5, 2015 6:46pm Oct 5, 2015 6:46pm
Quoting Pharm0r
I'm getting tired as hell from TOS, and the more I research the more I see issues with their customer service and at times- misleading approach to business.
I have no complaints about TDA/ToS - other than their pricing, and that's almost the whole enchilada. IB, on the other hand, is second to none for fair price (although I haven't looked absolutely everywhere) - but, if you need service, well.....IB is not built for comfort....
"If The Fool persists in his Folly he will become wise." - William Blake
  • #137,228
  • Oct 5, 2015 6:55pm Oct 5, 2015 6:55pm
Quoting The Fool
{quote} I have no complaints about TDA/ToS - other than their pricing, and that's almost the whole enchilada. IB, on the other hand, is second to none for fair price (although I haven't looked absolutely everywhere) - but, if you need service, well.....IB is not built for comfort....
Their platform is meh at best. (IB)

I like that you can customize the whole thing...but fibs are my bread and butter....and well- I haven't figured out a way to add additional fib ratios (if it's possible at all). So that one thing ruins it all for me.

I'm just fed up with trying to fix TOS....and I can use the excuse that all of my trading takes place under one roof now. As you said, the price is second to none....and FX pricing on TOS is The grass is always greener right?
  • #137,229
  • Oct 5, 2015 9:14pm Oct 5, 2015 9:14pm
Quoting Pharm0r
{quote} Their platform is meh at best. (IB) I like that you can customize the whole thing...but fibs are my bread and butter....and well- I haven't figured out a way to add additional fib ratios (if it's possible at all). So that one thing ruins it all for me. I'm just fed up with trying to fix TOS....and I can use the excuse that all of my trading takes place under one roof now. As you said, the price is second to none....and FX pricing on TOS is The grass is always greener right?
You can use Ninjatrader with IB.
Their Fib retracement has 10 adjustable levels & then you can use the Fib extentension for 10 more adjustable levels. That may not work depending upon how you draw your fibs.
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  • #137,230
  • Oct 5, 2015 10:06pm Oct 5, 2015 10:06pm
Welcome back, Sir.
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  • #137,231
  • Oct 5, 2015 10:15pm Oct 5, 2015 10:15pm
Quoting srt
{quote} You can use Ninjatrader with IB. Their Fib retracement has 10 adjustable levels & then you can use the Fib extentension for 10 more adjustable levels. That may not work depending upon how you draw your fibs. {image} {image}
didn't realize that! awesome, I'll figure it out tomorrow. thank you; that'll work for my purposes
  • #137,232
  • Oct 6, 2015 3:54am Oct 6, 2015 3:54am
Quoting Pharm0r
{quote} Their platform is meh at best. (IB) I like that you can customize the whole thing...but fibs are my bread and butter....and well- I haven't figured out a way to add additional fib ratios (if it's possible at all). So that one thing ruins it all for me. I'm just fed up with trying to fix TOS....and I can use the excuse that all of my trading takes place under one roof now. As you said, the price is second to none....and FX pricing on TOS is The grass is always greener right?

Been with tda/tos thru a couple of name changes and for my 2 cents , their customer service is excellent . No complaints at all . Fast response etc , etc .


As far as fibs go , you can set up to 15 levels at whatever ratio you want . I can post a screenshot if you want .

Good luck with the changeover to IB . Don't know anything about them .
Peace
  • #137,233
  • Oct 6, 2015 4:01am Oct 6, 2015 4:01am
Quoting The Fool
{quote} I have stayed at that G'hog Day B&B ---- pure hell.
Haha, you made me curious, I will have a look at the reviews on trip advisor today

Quoting Pharm0r
Let's play the what-if game. WHAT IF: there was QE 4, where do you see equities going?
Us gdp 3.9%, unemployment rate 5.1%, how can people imagine a new qe with such figures ?
Imo we are, by far, closer to a rate hike in dec. Im just wondering how the disclosure of a detailed extension of the ECB QE will be a brake for the FED to hike this year.
  • #137,234
  • Edited 6:56am Oct 6, 2015 4:36am | Edited 6:56am
Quoting hathor
{quote} m15 buy arrived -> All TF buy (not an up move guarantee, just the usual -> the lower I can buy, the better it should be)
H4 buy since 1.118xx. Therefore buy on all higher TF: Monthly/Weekly/Daily/H4.
I'll be cautious due to Draghi today, but if everything goes as planned, than he should talk market up.
Otherwise the usual: the lower i can buy.....Time will tell.
f(z)=z2+c
  • #137,235
  • Oct 6, 2015 6:19am Oct 6, 2015 6:19am
Quoting build11
{quote} Been with tda/tos thru a couple of name changes and for my 2 cents , their customer service is excellent . No complaints at all . Fast response etc , etc . As far as fibs go , you can set up to 15 levels at whatever ratio you want . I can post a screenshot if you want . Good luck with the changeover to IB . Don't know anything about them .
This is true. Up until now I haven't ever had a problem with TDA or TOS, that isn't what I wish to convey; however, if I can't access the platform I can't trade....and I'm away of the TOS fib ratios, was very pleased with that...and the TOS platform in general.

Quoting Replicant
{quote} Haha, you made me curious, I will have a look at the reviews on trip advisor today {quote} Us gdp 3.9%, unemployment rate 5.1%, how can people imagine a new qe with such figures ? Imo we are, by far, closer to a rate hike in dec. Im just wondering how the disclosure of a detailed extension of the ECB QE will be a brake for the FED to hike this year.
I don't believe there will be a QE4 either. Never say never though..
  • #137,236
  • Oct 6, 2015 6:25am Oct 6, 2015 6:25am
Quoting srt
{quote} You can use Ninjatrader with IB. Their Fib retracement has 10 adjustable levels & then you can use the Fib extentension for 10 more adjustable levels. That may not work depending upon how you draw your fibs. {image} {image}
I'll run the free demo of ninja trader this evening and get a feel for it....the issue I'm seeing is the inability to trade options or equities through it....which can be mitigated I suppose with another platform.

A question I have, is do the spread prices stack? For example, will I pay both ninja trader and IB for a futures contract...or just pay ninja? Perhaps they are just the middle man and collect the prices for IB in which case I'd only be paying IB spread...God knows I'm not paying twice for something I could have paid for once.
  • #137,237
  • Oct 6, 2015 6:37am Oct 6, 2015 6:37am
Quoting Pharm0r
{quote} I'll run the free demo of ninja trader this evening and get a feel for it....the issue I'm seeing is the inability to trade options or equities through it....which can be mitigated I suppose with another platform. A question I have, is do the spread prices stack? For example, will I pay both ninja trader and IB for a futures contract...or just pay ninja? Perhaps they are just the middle man and collect the prices for IB in which case I'd only be paying IB spread...God knows I'm not paying twice for something I could have paid for once.
Make sure you're not mixing Ninjatrader platform & Ninjatrader broker. They confused things about a year ago when they became a broker. I just use the Ninjatrader platform with IB & NOT the Ninjatrader broker. Ninjatrader is just a trading tool for me.

Ninjatrader broker only has futures trading I think but not sure which is why you should just use Ninja for a tool & not a broker if you want to trade options & equities as I do. There are no additional commissions on top of the spread/commission from the broker for using Ninja. If you use Ninja with IB you have to buy it or pay a monthly fee to use it. I paid for a lifetime license (one-time fee) to use it.

***Sign up for a free demo with Ninja broker just to try the platform then you can buy/lease to use with IB if you like it.
  • #137,238
  • Oct 6, 2015 6:45am Oct 6, 2015 6:45am
Quoting srt
{quote} Make sure you're not mixing Ninjatrader platform & Ninjatrader broker. They confused things about a year ago when they became a broker. I just use the Ninjatrader platform with IB & NOT the Ninjatrader broker. Ninjatrader is just a trading tool for me. Ninjatrader broker only has futures trading I think but not sure which is why you should just use Ninja for a tool & not a broker if you want to trade options & equities as I do. There are no additional commissions on top of the spread/commission from the broker for using Ninja. If you use...
That does clear things up, thanks.
  • #137,239
  • Oct 6, 2015 7:27am Oct 6, 2015 7:27am
Quoting srt
{quote} Make sure you're not mixing Ninjatrader platform & Ninjatrader broker. They confused things about a year ago when they became a broker. I just use the Ninjatrader platform with IB & NOT the Ninjatrader broker. Ninjatrader is just a trading tool for me. Ninjatrader broker only has futures trading I think but not sure which is why you should just use Ninja for a tool & not a broker if you want to trade options & equities as I do. There are no additional commissions on top of the spread/commission from the broker for using Ninja. If you use...
My personal experience as IB is one of my brokers. IB gives you a free license to use Ninjatrader platform. You can run it just like an MT4 and trade for 'free' only paying IB commissions, or you can just watch & customize the Ninjatrader charts & then trade directly thru IB. Ninjatrader allows you to set up blackbox automated trading, also for free, but you have to program it yourself.
defense wins championships
  • #137,240
  • Oct 6, 2015 8:02am Oct 6, 2015 8:02am
Quoting hathor
{quote} H4 buy since 1.118xx. Therefore buy on all higher TF: Monthly/Weekly/Daily/H4. I'll be cautious due to Draghi today, but if everything goes as planned, than he should talk market up. Otherwise the usual: the lower i can buy.....Time will tell.
Om Namah Shivaayae
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