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daytradingthefutures.com review

  #71 (permalink)
 
trendisyourfriend's Avatar
 trendisyourfriend 
Quebec Canada
Market Wizard
 
Experience: Intermediate
Platform: NinjaTrader
Broker: AMP/CQG
Trading: ES, NQ, YM
Frequency: Daily
Duration: Minutes
Posts: 4,527 since Oct 2009
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SpyderTrader View Post
@Fat Tails

Whoops...POC? Whats that? and where can i find it?


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  #72 (permalink)
 SpyderTrader 
Chicago, Illinois
 
Experience: Beginner
Platform: Esignal
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Fat Tails View Post
POC = Point of Control. Market Profile slang for the (statistical) mode of a volume-price-distribution. Why don't you just click it to access the wiki?

Oh ok, right on, for some reason I thought it meant "Point of Confluence" which is something another NinjaTrader vendor sells.

I'll do some research and see who offers "Point of Control" indicators as part of their charting package.

In the meantime, thanks to everyone for their posts, pretty helpful so far.

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  #73 (permalink)
 SpyderTrader 
Chicago, Illinois
 
Experience: Beginner
Platform: Esignal
Trading: ES, NQ, Crude
Posts: 120 since Apr 2012
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BeachTrader View Post
Just to clarify, I got the PDF free on his site so it was (or still is) available to the public. I have never tried his services and wouldn't have posted it if it was not freely available. Up to Mike if he wants to remove it.

There is a free pdf available on daytradingthefutures, I think thats what BeachTrader is referring to.

Its nothing special, just a 6 page sales pitch to convince you to purchase his latest product for $1500.

Hey Beach, whats your experience with them, have you ever signed up for the room?

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  #74 (permalink)
 
BeachTrader's Avatar
 BeachTrader 
Phoenix AZ
 
Experience: Beginner
Platform: NinjaTrader
Broker: AMP / CQG
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No I never signed up with them. I just downloaded their PDF a while ago. I did notice Jay updated his PDF from the one he offered a few weeks ago. I don't know how often he changes it. But I wasn't interested in buying the indicators.

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  #75 (permalink)
 SpyderTrader 
Chicago, Illinois
 
Experience: Beginner
Platform: Esignal
Trading: ES, NQ, Crude
Posts: 120 since Apr 2012
Thanks Given: 12
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This guy is doing a NinjaTrader webinar on 5/17.

If anyone wants to attend and figure out how he is plotting fib levels that are exact turning points.

I'm sure his indicator is available for free here, its just a matter of adding a few lines of code.

He charges 1500.

Lets try to get that down to zero.






Around 5% move the market. 10% try to follow the 5%. The rest provide liquidity.
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  #76 (permalink)
 researcher247 
Chicago, IL
 
Experience: Advanced
Posts: 437 since Oct 2009
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Yea!

I'll write down that time and date and attend.

Wireman is a snarky little pimp.

I'll see what I can contribute.

peace

Hedvig

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  #77 (permalink)
 researcher247 
Chicago, IL
 
Experience: Advanced
Posts: 437 since Oct 2009
Thanks Given: 289
Thanks Received: 773

You know, I have seen software that AFTER the fact 'prints' clusters and a dot

OR

once a true swing high or low is established and the trade has moved the other way; again--cluster lines and a big dot.

We'll see.

Hedvig

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  #78 (permalink)
 SpyderTrader 
Chicago, Illinois
 
Experience: Beginner
Platform: Esignal
Trading: ES, NQ, Crude
Posts: 120 since Apr 2012
Thanks Given: 12
Thanks Received: 223


researcher247 View Post
You know, I have seen software that AFTER the fact 'prints' clusters and a dot

OR

once a true swing high or low is established and the trade has moved the other way; again--cluster lines and a big dot.

We'll see.

Hedvig


Hey man,

Yea Jay actually let me try out the indicator for 3 days.
This was a separate trial from the chatroom, which was also 3 days.

I loaded it on a handful of symbols and watched it live from 7am to about 11am, and I can confirm it plots the "Cluster Dots" live as the bar is forming....and NOT after the fact.

Thats pretty much the only reason I was intrigued....I've dealt with a lot of scum bags that only plot an alert after 2 or 3 bars.

The way he explained it to me was that the dots form at multiple fib levels, like if you have three 0.618 levels from multiple timeframes converging at the same area.....the dot will form.

I should also mention that there were several times where the dots formed and price didn't bounce off like it was supposed to.
If I were to to ballpark it? Half the time it works, and half the time it doesn't.

However, when I selected 3 or 4 fib levels as my requirment.....there were 90% less signals....but 1000% more accurate.

I should have recorded my observations with some kind of desktop recorder, but at the the time I wasn't a member of this site.

I'll mention the exact fib levels he uses in my next post.

Around 5% move the market. 10% try to follow the 5%. The rest provide liquidity.
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  #79 (permalink)
 SpyderTrader 
Chicago, Illinois
 
Experience: Beginner
Platform: Esignal
Trading: ES, NQ, Crude
Posts: 120 since Apr 2012
Thanks Given: 12
Thanks Received: 223

Don't forget everyone, this guys webinar is tommorrow after the market close.

Lets make him work for it and give us as many clues as possible into figuring out how we can code our own "Cluster Dots" for free on futures.io (formerly BMT).

Around 5% move the market. 10% try to follow the 5%. The rest provide liquidity.
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  #80 (permalink)
 researcher247 
Chicago, IL
 
Experience: Advanced
Posts: 437 since Oct 2009
Thanks Given: 289
Thanks Received: 773


Sure,

I'll be there and logged in as the 'Archbishop Hedvig Von Dikkeman V'; however, I am not sure how much Jay will respond to our persistent questions.

Should be 'theatre' if nothing else.

Peace

Hedvig/researcher247

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Last Updated on February 20, 2017


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