tag:blogger.com,1999:blog-9459815.post117373391778661658..comments2023-07-03T06:33:52.478-04:00Comments on Trader-X...views from a distorted mind.: CMX - 031207; 15-minute chartTrader-Xhttp://www.blogger.com/profile/15148372813905710453noreply@blogger.comBlogger9125tag:blogger.com,1999:blog-9459815.post-1173776386934639082007-03-13T05:59:00.000-04:002007-03-13T05:59:00.000-04:00JohnThanks first of all--just so you know I still ...John<BR/><BR/>Thanks first of all--just so you know I still make mistakes but I am too shy to post em here :)<BR/><BR/>As far as your question about the list goes--here's my 2 cents<BR/><BR/>I used to have a load of services--telechart, cybertrader scans, hi/low indicator etc but now I only concentrate on my cybertrader scan--I have made a simple query and I use that--As the day goes on only the stocks meeting the criteria are left in it and 90% of time I will see most stocks mentioned here in that query somewhere or the other( which I obviously miss-other than a couple that I take)<BR/><BR/>I would definitely suggest taking a look at cybertraders tools esp if you are a day trader. You can actually plug in your morning scan list into an indicator called hi/low indicator and when your stocks start making new highs or lows for day you can see them in there--neat tool to have so you dont miss anything.<BR/><BR/>One thing I like about cybertrader is the simplicity--I dont have to pay for any charting or monitoring service or any other scanning service--its all in one reliable package and I ve learnt to take good advantage and concentrate on only one thing instead of (like I used to) many programs being in and out of em.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-9459815.post-1173755946364771252007-03-13T00:19:00.000-04:002007-03-13T00:19:00.000-04:00cheezyfool, excellent trade. if you switch to the...cheezyfool, <BR/><BR/>excellent trade. if you switch to the daily chart, you can see you were filling a big gap there, whcih might have been a nice target to shoot for with partials. very nice trade. <BR/><BR/>i think you could make a good living, particularly if you entered on the NRB on a PB to support...QQQBallhttps://www.blogger.com/profile/04059571448402225732noreply@blogger.comtag:blogger.com,1999:blog-9459815.post-1173751976908026702007-03-12T23:12:00.000-04:002007-03-12T23:12:00.000-04:00i've noticed that you've chosen more short positio...i've noticed that you've chosen more short positions than long the past few days? any reason? <BR/><BR/>anyway. i missed a of trades today, but i managed to get long PICO. i got out too early, and didnt manage to catch the big break up sadly.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-9459815.post-1173750195875517792007-03-12T22:43:00.000-04:002007-03-12T22:43:00.000-04:00To Gabriel:Hi, I did go long on the Amgen retracem...To Gabriel:<BR/>Hi, <BR/><BR/>I did go long on the Amgen retracement on a break of the 11th bar which had crossed above both the ORL and an upsloping 5EMA on the 15m chart. I exited near the 62% Fib line during the 3:30 pd. In hindsight, a break of the hammer-like NR 10th bar which was kissing the 5EMA might have been timelier if a bit more risky.<BR/><BR/>After several years of sorting through triangles, cups/handles, bottoming RSIs,PSARs and CCIs,Darvis Boxes and the like ad nauseum, X's brilliantly constructed streamlined approach seems pretty damn kewl and rewarding. This last month has been a real eye-opener!<BR/><BR/>ThankX X ..and certainly Tom also for your generosity way beyond any reasonable expectation.MykL FLhttps://www.blogger.com/profile/16921381790771907054noreply@blogger.comtag:blogger.com,1999:blog-9459815.post-1173747106568960962007-03-12T21:51:00.000-04:002007-03-12T21:51:00.000-04:00TerryI jumped on immediately when .50 became the b...Terry<BR/><BR/>I jumped on immediately when .50 became the bid because it was thin and got short at .51. Thinking that it would fly through .50<BR/><BR/>Maybe that was my fault I jumped in early anticipating a break? <BR/><BR/>I guess in hindsight it didn't break .50 completely though it did break it and become the ask for a minute or two. <BR/><BR/>I see what your saying. Also about the Wide Range Bar is there a typical price range or % that you would think is too big for a stock? I'd like to know when a wide range bar is too big that it is a warning signal.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-9459815.post-1173745411382350082007-03-12T21:23:00.000-04:002007-03-12T21:23:00.000-04:00Anon - I don't see the CHK setup at all. First, th...Anon - I don't see the CHK setup at all. First, the previous bar's low was not broken. Second, what was the signal? Third, the first bar was really wide range.<BR/><BR/>But again, I don't see how a trade could have been entered as price was not taking out a previous bar's low.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-9459815.post-1173743642344308502007-03-12T20:54:00.000-04:002007-03-12T20:54:00.000-04:00Today I had 2 trades. BZH which worked (Shorted at...Today I had 2 trades. BZH which worked (Shorted at $34.31 and got stopped at $34.08).<BR/><BR/>But one trade which seemed like a perfect setup was a short on CHK. I entered short on the 5th candle low at $29.50(15 min chart).<BR/><BR/>I think it was good entry I feel it just failed because the energy sector maybe rallied. <BR/><BR/>Was my entry correct and it just didn't work? It was a big gap down, Broke the Opening Range low and on a declining 5ema. <BR/><BR/>Please let me know if my entry was correct as I am still learning this strategy.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-9459815.post-1173741374105725492007-03-12T20:16:00.000-04:002007-03-12T20:16:00.000-04:00Hi, I was trying to be a man of principles today (...Hi, I was trying to be a man of principles today (above ORH, below ORL, etc.). Still I saw AMGN (8th 30min, 16 15min). I almost took the trade but when asked "are you going long on Gap down?" I said, not today. Question: is this a trade you would have taken? <BR/>Thanks, Gabriel.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-9459815.post-1173741253874899322007-03-12T20:14:00.000-04:002007-03-12T20:14:00.000-04:00DRIV was ncie today--after gapping down couldnt cl...DRIV was ncie today--after gapping down couldnt close(15') above fridays high--couldve shorted on second attempt to break that with max .5% stop then it went to test the OR low--entered short on break of 8th 15' bar 27 cents risk--also testing OR low, covered end of day--in hidsight shouldve added on that sideways move and then another push downward--hesistated too longAnonymousnoreply@blogger.com