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check out $TICK (or $TICKQ) for entry such as: extreme ticks 700+ or 1000+ and/or price vs tick: high price/high tick, low price/low tick vs high/low tick without simultaneous price high/low.
An indicator that I like to use is from the book, Trading With Market Profile, by Peter Steidlmayer and Steven B. Hawkins. It was written in 2003. Market Profile crystallized the basic trading concepts Peter acquired after 25 years in the Chicago trading pits. This understanding of how the markets work, along with some trading disciplines, has proven effective and stood the test of time. There are a few basic patterns explained in their book. I do homework on them every day (for many years) in the ES. This is Tuesday's "old-school" pattern:
2023-04-11_Tuesday ES initial balance pattern and extensions
I didn't post any results until you asked how I did it or how I trade. Then after I posted my executions just for you. You come at me and say I'm bragging. Um far from it and I could easily post some days that blow the doors off of what I posted. Anyway.
Sure I will send you my recipe so you can use it and be my competition because yeah that's just really good busines. I came on here to chat about indicators and trading not to have people ask me how or why I do things. People like you are the exact reason I love trading so much because I don't need to deal with people at all when it comes to transacting my daily business. Just numbers on the screen. Just the way I like it.
I didn't post any results until you asked how I did it or how I trade. Then after I posted my executions just for you. You come at me and say I'm bragging. Um far from it and I could easily post some days that blow the doors off of what I posted. Anyway.
Sure I will send you my recipe so you can use it and be my competition because yeah that's just really good busines. I came on here to chat about indicators and trading not to have people ask me how or why I do things. People like you are the exact reason I love trading so much because I don't need to deal with people at all when it comes to transacting my daily business. Just numbers on the screen. Just the way I like it.
You posted your numbers. I could post some numbers too. What good would that do?
There is no backup to what you are saying. You are asking people to, what accept your word?
The backup that I am talking about is how you did it. If you state how you did it, then someone can look for themselves to see that your numbers make sense. You are afraid that some of us here on futures.io will trade against you and ruin your edge. I have heard that said so many times over the decades that I have been trading!
Do you really think that if some of us here traded your method that it would have even a scintilla of impact on the market? You do understand that more than 70% of the volume on the ES alone is from algo firms?
Well, as you said, Good Luck!
Persistence! Nothing in the world can take the place of persistence.
Talent will not ... nothing is more common than unsuccessful men with talent.
Genius will not ... Unrewarded genius is almost a proverb.
Education will not ... The world is full of educated derelicts.
Persistence and determination alone are omnipotent! Calvin Coolidge
Sure I will agree that 70% may be Algo driven. Are you an Algo? No so there is only 30% left over that you and I are competing for so I must thank you for helping my argument.
The bottom line is you trade and I trade which means you are competition. Do I dislike you. No quite the opposite, because I love trading and the mkts,so when I interact positively or negatively with another person who trades, I find myself excited that they understand the difficulties and trials and tribulations that are part of the entire package. However, when it comes to winning and my money, I am going to guard it and fight MMA style to keep it and if challenged I'm going to throw everything I got at you to maintain my superiority and be the king of the mountain.
Happy trading.
My favorite indicator is the parabolic sar if I was pressed to share what I like and often peek at when trading.
I will point out that the ES can average over 2 million contracts per day. With algos accounting for %70 that still leaves over 600,000 contracts for everyone else!
Why don't we just leave it with that?!
Persistence! Nothing in the world can take the place of persistence.
Talent will not ... nothing is more common than unsuccessful men with talent.
Genius will not ... Unrewarded genius is almost a proverb.
Education will not ... The world is full of educated derelicts.
Persistence and determination alone are omnipotent! Calvin Coolidge
Without Prejudice to anyone and with respect and regards for every one. I would like to add to this conversation.
I feel really happy if someone is doing good in his/her trading.God bless him/her with more success.But I agree to the fact it will be more
useful and benificial if we share the way or methodology we use to get consistency. Share the methodology whatever you can so that if there is some value in it, the others in this forum can benefit from it.
There may be some reservations a poster might have like some proprietary restrictions.Mere trading journal or results are not as beneficial or helpful as the methodology or the proceduure and the resources being used to achieve that result.
Every individual is unique and might have unique ideas and yard sticks on the basis of existing knowledge.If some new methodology or idea is presented we may back test it and reinforce the concept or give suggestions to further improve it.This way every one will be the winner.
Unfortunately some times positive criticism is taken personally and is considered to be personal space violation. I strongly discouurage
this behavior because this way we are closing the door for new ideas and improvement .
If we don't like an idea or we disagree with any one we, should substantiate our disagreement with facts/Logic or can stay silent if not interested in further discussion.
No one is an absolute mind, one might have relative edge over the other due to manny factors like, knowledge, skill, resources, exposure and experience etc. When we give someone a shut up call we are depriving every participant in this forum of new ideas.
A spring never stinks because it always has fresh running water while a lake no matter how big will turn into pond and eventually start stinking if fresh water is not peridically added into it.New ideas are like fresh water in this forum's discussion so please let not this freshwater lake turn into a pond.
Small things make perfection but perfection is no small thing.