Posts from ‘November, 2009’

I was fortunate enough to find Futurestrader71′s blog the other day.  I sat through a webinar that I though was quite interesting.  You can find it here: http://www.futurestrader71.com/2009/11/components-of-dom-depth-of-market.html He’s got a fairly straightforward method of trading, and it appears to work for him.  I was particularly interested in the statistical wizardry performed with Excel. I’ve [...]

I’ve just started reading “Traders – Risks, Decisions, and Management in Financial Markets“.  I’m not too far into it, but came across this joke about efficient market theory and though it summed things up quite well. Two efficient market theorists pass a $50 bill lying on the street.  They leave it untouched and congratulate each [...]

My cues are: TICKS consistently above/below 0 Breakout and extended trading outside opening range Failure of gap fill or gap > 70 YM points Blowing through pivots, near-term support/resistance levels  Here are some good posts from TraderFeed on trend days: Signs of a Trend Day to the Downside Signs of a Trend Day to the [...]

This is a very good explanation of the $TICK indicator from Bret Steenbarger at TraderFeed.  I’ve been watching the TICK quite a bit and find it useful for timing entries and exits.