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THREE SET UPS


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  #341 (permalink)
 jmacn 
Brisbane Australia
 
Experience: Intermediate
Platform: Ninja Trader
Broker: MBT
Trading: Forex
Posts: 82 since May 2010
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Can anyone steer me in the right direction, I am looking for a"Spread Display Indicator" that I believe I saw in one of the threads of Jeff's?
regards John


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  #342 (permalink)
 
lolu's Avatar
 lolu 
Lagos, Nigeria
 
Experience: Intermediate
Platform: NinjaTrader, SierraChart
Trading: Euro Currency & Oil
Frequency: Daily
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I had another HIT but have a look at this sudden reversal just immediately my Targets were HIT.

Lolu


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  #343 (permalink)
 
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 lolu 
Lagos, Nigeria
 
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I watched this in AWE !!!!!!!!!!!!!!

So, who traded this ?

Lolu


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  #344 (permalink)
 
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 lolu 
Lagos, Nigeria
 
Experience: Intermediate
Platform: NinjaTrader, SierraChart
Trading: Euro Currency & Oil
Frequency: Daily
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Jeff,

Is THREE SET UPS suited for 60-minute chart too ?

Lolu


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  #345 (permalink)
 
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 Jeff Castille 
Northern California
Legendary Market Wizard
 
Experience: Intermediate
Platform: Charles Schwab
Broker: Charles Schwab
Trading: Gold/Silver Fertilizers
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Hi Lolu,

Great trading as usual !! Good work.

I have recently been looking at both the 30 and 60 minute charts......it certainly looks promising.

Also, remember..........just because a bar is painted magenta does not make it a reversal bar.....it just makes it a bar with a big wick. A reversal bar will come at the END of a move on higher volume.

Jeff


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  #346 (permalink)
 
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 Jeff Castille 
Northern California
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Platform: Charles Schwab
Broker: Charles Schwab
Trading: Gold/Silver Fertilizers
Frequency: Other
Duration: Months
Posts: 2,111 since Jun 2009
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Thanks Received: 3,311

I know that I've mentioned this many times but........I don't trade on oil inventory day until AFTER the report has been released.


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  #347 (permalink)
 victhiry 
Northern California
 
Experience: Intermediate
Platform: Ninja
Broker: Optimus / Rithmic
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Posts: 7 since Nov 2009
Thanks Given: 184
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Jeff Castille View Post
I know that I've mentioned this many times but........I don't trade on oil inventory day until AFTER the report has been released.

Jeff did you take the first trade this a.m. Inside bar ,,,it was 15 Minutes prior to PMI , did not know if that report was " news worthy " enough to skip the trade . Got + 8 + 1 on it .
[img]https://nexusfi.com/v/6jjzsf.gif[/img]


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  #348 (permalink)
 wgreenie 
Cambridge, Ontario
 
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Jeff Castille View Post
I know that I've mentioned this many times but........I don't trade on oil inventory day until AFTER the report has been released.

Ooooo I did not know your "oil inventory day" trading preference until now. It's my inadvertent oversight. Luckily I got out of a real Long CL trade (my first CL experience) minutes before the report and it's a baby green one LOL!

Thanks for your kind reminder and it's now documented on my VI log.

Beth


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  #349 (permalink)
 
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 cunparis 
Paris, France
 
Experience: Advanced
Platform: Market Delta & Ninjatrader
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Posts: 2,565 since Jun 2009
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How'd you all do today? Another tricky day.

I got +1 and +6.


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  #350 (permalink)
 
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 shodson 
OC, California, USA
Quantoholic
 
Experience: Advanced
Platform: IB/TWS, NinjaTrader, ToS
Broker: IB, ToS, Kinetick
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Looks like I got my strat to finally start firing trades. I thought, because it's entering on a 1-range bar (for backtessting purposes) but the strat was being added to a minute chart that maybe it wasn't loading any range bar data so it wasn't firing. So at 4:30am I got the brilliant idea to add a 2nd chart that is just a 1-range bar chart and maybe then it would have the bars necessary in memory to fire off the trades and that seemed to do the trick.

I'm running with +10/+18 because, well, I guess I'm just greedier that Jeff!

+38 ticks so far!

Avoiding the news kept me from a loser too!


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