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Any chance you could post your charts with x and y axis showing. Just makes it easier to compare to my charts at home.
For instance, are you still using a 750 tick/# trades bar size?
Once when I looked my 750 trade chart did not look exactly the same as yours and I always remember when I used to follow Mack that this was one of the issues ie each data provider seems to give a different result. It also depends on when you start a new count eg do you start a new 750 bar at the start of the day and what do you define 'start of the day' as, is it 9:15am or the start of the prior overnight session?
Cheers
Prediction is very difficult, especially about the future - Niels Bohr, Danish Physicist
Hi Steve,
I'm using a 350tick chart currently....I adjusted from a 750tick as just wasn't getting the resolution(or number of set-ups) the same as a 2000tick ES chart with all the traps that I like to trade Flipside is you have to be quicker on the button to execute - some days it's almost too fast hence I'll use a market order if I get frustrated by missed trades. as you can see I use SC "chart trade mode "on". I also use a tick countdown "timer" - thats the dark orange object that counts down from 350ticks and gives a chime every time it resets so I can track when I need to really focus on the entry if I get a set-up.
My start of day in my timezone is 11:15am every day....no DLS is Qld!!
Patience of a NINJA ....well it certainly helps and I sometimes have it and sometimes I don't.
But today was a good day..kids were over at a friends house so I had some peace and quiet.
For those that have recently asked me how I trade - its' 100% PATS set-ups....nothing else - no other magic involved.
Anticipate the signal (near the MA or Support/Resistance level) -> wait for a good signal bar-> place the order.
Tip - keep watching the bars form as you can see the battles being fought and won between the bulls/Bears, but most importantly see when the momentum switches (at the support/resistance levels) and the buying or selling gets stronger...hop onboard that train and make your target - don't be greedy this a scalping strategy not a position strategy though Mack does talk about "measured -moves" etc that I don't trade currently. (no patience)
Todays Trade signals:
1. Second Entry Long
2. same as above
3. Breakout Pullback.
Watch your asses out there boys, the HSI has lost its damn mind
Up 340 points in 3 minutes at the open, down 350 points over the next 7 minutes.
I saw an article about 3 trading days ago that said "Investors Embrace the China Security Law" ... lol, right, that's why Hong Kong as well as mainland are up 11% in 4 days... then another article cited short squeezes. I say "duh" ... doesn't matter to me why it's up like it is, but short covering will do it. Only a 3-4 tick spread most of the time despite the massive ranges. Controlled chaos
Do you like the data you're using through SierraChart64 + CQG datafeed? Does the tick chart look the same every time you refresh intraday and when restarting?
The reason I ask is because when I used Ninjatrader Continuum (I believe NT Continuum is CQG) for Mack's PAT method on ES, the tick chart bars would often change after refreshing. The highs/lows would switch to nearby bars. This is a common question on the Ninjatrader support forums. After switching to iqFeed data, this problem was solved.
With SierraChart64 + CQG datafeed, have you seen changing tick chart bars after reloading?
Also, may I ask who your broker is? Is it AMP?
I'm currently opening an AMP account and need to choose between
You don't want to combine SC with Rithmic at this point. They will not support it. Also, while TT might be capable of connecting to HKEX, I think CQG is your best bet and I don't think Rithmic supports it. AMP + CQG is the only combo I know of that you get CME, HKEX, and OSE, which gets you the most interesting stuff in US + Asia.
Yup, you could also go IB for broker and use Sierra with their HKEX datafeed, but this misses OSE (although they have been discussing adding this to their data)