Grey1 said:[two min into the trade and EDS won me a woppinggggg $ 723 with 1500 shares MA ma mia
kako said:Hi
RIMM signal's picture is too tiny, difficult to see the details. was it a gap trade?
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Kako
kako said:i see. i thought of it as gap trade, because only thing i could read from that tiny shot was daily compression, hence i thought it could be a gap trade. how was it ordinary trade, with the daily Timeframe? the only thing comes to my mind is u were scanning daily TF too, to check out the signal's strength.
i think i'm missing something here.
garethb said:Great going Grey1
and thanks for including me in your forum
Gareth
Grey1 said:You welcome sir
I took this screen shot for you to day I took a short JOYG as soon as I saw the EXIT LONG on the DOW . JOYG was a weakest stock in my list
garethb said:We agree on something, I picked JOYG and AKAM as the two weakest on my list at 9:35 ET today. I had overbought at 120 today so got no short signal from the DOW - moving down to 100 gives a short at about 14:15. A quick backtest shows that with my MACCI parameters DOW only gives about 3 short signals in the last 100 days with overbought at 120 although gives many more long signals.
Gareth
rajibde said:Hi Grey1,
Thanks for letting me access the forum. The JOYG trade today-was it completely as per strategy 3? I use QT and the CCI (it does not do MACCI) for the dow was OB only in the 1Min time frame; in the 3 & 5 min it indicated OS. I'm thinking is it possible that the MACCI would have shown an OB signal in all the three time frames?
Another thing which comes to mind is the target calculation for the Startegy 3-
Thanks
Raj
Grey1 said:I traded JOYG few times to day and only one of them was staretgy 3.
CCI is too fast you have to slow it down .
Of course it is possible for MACCI to show OB in three time frame i have posted the screen shot of it .. Have I understood you correctly ?
Target calculation ? not sure what you mean buddy please explain
Grey1
Sorry RAJ I just saw your postrajibde said:Sorry I was not clear enough-
I assumed that you've shorted JOYG at around 1510 based on strategy 3 (dow MACCI >120 at three time frames)- as I do not have MACCI in the 'quote tracker' I tried to see the CCI for the dow at this time and it appeared to be >120 only in the 1min time frame and not in the 3 & 5 min time frames. But I see the point, the CCI as you say is fast and therefore might have been indicating incorrectly. Is there any way the CCI can be 'tamed' down in the QT?
By target, I meant the predicted/calculated outcome of the trade before entering the trade; as in the strategy 1, you've mentioned, the predicted profit is the price between the MPD and the VWAP, I was thinking is there a way how the same can be calculated in relation to strategy 3 (as the price drop did not continue till the lower VWAP line in this case)?
I hope I'm a bit more clear ...
Raj
Grey1 said:Sorry RAJ I just saw your post
I am so so so sorry could not reply earlier as I have loads and loads of work on my shoulder at the moment and I donot get the chance to get on the BB fast enough
I will reply after hours buddy
I traded the market to day while doing some thing else ( testing new platforms on another computer ) as well as looking after a new born baby . I am up $1653 The exhaustion engine is my crystal ball guys CODE it and pray for my soul.