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Day Trading from an Ogre's Point of View


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Day Trading from an Ogre's Point of View

  #431 (permalink)
 
trendisyourfriend's Avatar
 trendisyourfriend 
Quebec Canada
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I like to gauge a correction by looking at the gain/loss in percentage:

a 10% correction from the high gives this level: 6955.88


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  #432 (permalink)
 
trendisyourfriend's Avatar
 trendisyourfriend 
Quebec Canada
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Can anyone post the level where the 200 EMA falls based on Yesterday's closing price?

My ema gives 7084.75.

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  #433 (permalink)
 
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 TradingOgre 
Evans GA/USA
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trendisyourfriend View Post
Can anyone post the level where the 200 EMA falls based on Yesterday's closing price?

My ema gives 7084.75.

Showing 7096.50 on mine.

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  #434 (permalink)
 
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 TradingOgre 
Evans GA/USA
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It's bad when a 40 tick stop looks too close.


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  #435 (permalink)
 
trendisyourfriend's Avatar
 trendisyourfriend 
Quebec Canada
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TradingOgre View Post
Showing 7096.50 on mine.

Are you using Kinetick for your daily bars?

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  #436 (permalink)
 
TradingOgre's Avatar
 TradingOgre 
Evans GA/USA
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trendisyourfriend View Post
Are you using Kinetick for your daily bars?

No. NinjaTrader Brokerage. Continuum data feed.

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  #437 (permalink)
 
TradingOgre's Avatar
 TradingOgre 
Evans GA/USA
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trendisyourfriend View Post
Are you using Kinetick for your daily bars?

Oops. Had the trading hours set wrong on that chart. Changed it to ETH and get a 7083.16. It was just set for default which obviously was something else. LOL! I don't use it to trade so not a big deal.

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  #438 (permalink)
 
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 trendisyourfriend 
Quebec Canada
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TradingOgre View Post
Oops. Had the trading hours set wrong on that chart. Changed it to ETH and get a 7083.16. It was just set for default which obviously was something else. LOL! I don't use it to trade so not a big deal.

OK i understand. Kineticks uses the settlement price at 16:15 ET whereas your broker uses the closing price which might vary from one broker to another.

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  #439 (permalink)
 
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 TradingOgre 
Evans GA/USA
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Trade signals getting better. Still have some work to do. There are other trades I don't have plugged in yet. There in the code, I just have them turned off for now. Isolating to one entry type to make sure it is working 100%.




Stopping my trading for the day. Too wild even for my taste. Total of 20 ticks profit. I will wait and see if it calms down some before making any more trades. Never thought I would say that I hope NQ calms down a bit but I hope it calms down a bit. When 40 tick stops look too close it's a wild day.

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  #440 (permalink)
spetscom
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TradingOgre View Post
Trade signals getting better. Still have some work to do. There are other trades I don't have plugged in yet. There in the code, I just have them turned off for now. Isolating to one entry type to make sure it is working 100%.









Stopping my trading for the day. Too wild even for my taste. Total of 20 ticks profit. I will wait and see if it calms down some before making any more trades. Never thought I would say that I hope NQ calms down a bit but I hope it calms down a bit. When 40 tick stops look too close it's a wild day.



Haha I know right! I hate those choppy range days but this is a bit too fast for my taste.

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