Best Thread US day traders thread.

[TheBramble]

No sweat Jerry. I'm a LII guy myself, but I don't scalp (not intentionally, anyway ).

I'm not as much of a LII technician as some of the guys here, but it does seem to offer an advantage on entry/exit timing over not using it.

Be good to hear if you have ever used LII though, and if so, especially as a scalper, why you find it extraneous to your requirements.

 

[Jerry Olson]

hi tony

to many head fakes...

as pattern type trader using very little in the way of tools, or let's say u threw out everything over the years except what i trust...

level II is just not that reliable for me.

what i see on the charts is what i trade... i react and do not think..if you think your stuck at the mouse button frozen in time.................

i think we rally into the close since the FOMC minutes were "nothing new"

but we'll see...GOOG might pop over 367.60, futes willing...

RMBS news....

 

[hampy]

Thanks Jerry, i shall look forward to seeing some of your charts.

 

[samtron]

Hi Jerry,
A warm welcome to t2w dude.
Looking forward to your input, I would love to switch L2 off :cheesy:

Are you using stochs in your set ups?

to post a chart is easy there is a button that lets you browse your pc to upload a chart.

 

[Jerry Olson]

Hi Samtron

thanks for the welcome...

i do not use stoch macd rsi etc

i only use CCI ADX and volume...period

i'll show you the set ups shortly...

let me knw if you can see this chart...

 

[samtron]

Hi Samtron

thanks for the welcome...

i do not use stoch macd rsi etc

i only use CCI ADX and volume...period

i'll show you the set ups shortly...

let me knw if you can see this chart...

spot on, the chart looks great!

 

[Jerry Olson]

ok great

overt time i'll expalin what i am looking at and how i trigger a trade long or short...

it's truly so simply it's scary..................

 

[PitBull]

Welcome to T2W Jerry. It's great to have you on board.

A bit boring at the moment, still waiting for some volatility.
AAPL chopping around, so sitting on my hands at the moment.

RIMM and SNDK were good today. I hope you had some?

All the best
Pitbull

 

[Jerry Olson]

Hi Pitbull

thanks a lot for the welcome i only hope i can cointribute to the thread...

scalped aapl and rimm...looking to long GOOG over 367.75 ish area...need the futes tho.. we've been testing that 1283 level all day...

 

[samtron]

Welcome to T2W Jerry. It's great to have you on board.

A bit boring at the moment, still waiting for some volatility.
AAPL chopping around, so sitting on my hands at the moment.

RIMM and SNDK were good today. I hope you had some?

All the best
Pitbull

Hi Lee,
Don't we just love RIMM
RIMM 2 Win :cheesy:

 

[Jerry Olson]

anyone take that buy stop on goog at 367.75????

 

[samtron]

anyone take that buy stop on goog at 367.75????

I was watching it, but GOOG is a bit rich for me, I would imagine dvdh had a mouthful!

 

[PitBull]

Samtron

Yes indeed. RIMM took a RAMMING this morning. LOL

Jerry

I see GOOG is taking off. Good luck.
I don't trade GOOG.... Ooops! Tell a lie. I did last week to break the ice. With small size though. Using tick charts. Made some OK points.

 

[PitBull]

I would imagine dvdh had a mouthful!

dvdh is resting at the moment. :cheesy: He took most of the run in GOOG this morning .

 

[Jerry Olson]

samtron and Pitbull

GOOG is an excellent scalp trader..

just use small size...100-500 shares or anywhere in between it works for me...i scalped out for 70 cents and i'm watching it again...right here...

 

[samtron]

Lee,
does goog have a regular Ax?

 

[PitBull]

AAPL 69.50 level being tested

 

[PitBull]

UBSS man to watch

 

[samtron]

UBSS man to watch

cheers

 

[PitBull]

Aapl

UBSS coming in on the inside bid with 3000 size, soaking up the sells.
Need to exhaust this seller at 51,52