Scalping the DOW - Traders Hideout | futures io social day trading
futures io futures trading


Scalping the DOW
Updated: Views / Replies:21,851 / 81
Created: by sillykiddo Attachments:17

Welcome to futures io.

(If you already have an account, login at the top of the page)

futures io is the largest futures trading community on the planet, with over 90,000 members. At futures io, our goal has always been and always will be to create a friendly, positive, forward-thinking community where members can openly share and discuss everything the world of trading has to offer. The community is one of the friendliest you will find on any subject, with members going out of their way to help others. Some of the primary differences between futures io and other trading sites revolve around the standards of our community. Those standards include a code of conduct for our members, as well as extremely high standards that govern which partners we do business with, and which products or services we recommend to our members.

At futures io, our focus is on quality education. No hype, gimmicks, or secret sauce. The truth is: trading is hard. To succeed, you need to surround yourself with the right support system, educational content, and trading mentors Ė all of which you can find on futures io, utilizing our social trading environment.

With futures io, you can find honest trading reviews on brokers, trading rooms, indicator packages, trading strategies, and much more. Our trading review process is highly moderated to ensure that only genuine users are allowed, so you donít need to worry about fake reviews.

We are fundamentally different than most other trading sites:
  • We are here to help. Just let us know what you need.
  • We work extremely hard to keep things positive in our community.
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts.
  • We firmly believe in and encourage sharing. The holy grail is within you, we can help you find it.
  • We expect our members to participate and become a part of the community. Help yourself by helping others.

You'll need to register in order to view the content of the threads and start contributing to our community.  It's free and simple.

-- Big Mike, Site Administrator

Reply
 17  
 
Thread Tools Search this Thread
 

Scalping the DOW

  #51 (permalink)
Elite Member
Perdido Beach, AL
 
Futures Experience: Intermediate
Platform: graph paper
Favorite Futures: Guitar
 
websouth's Avatar
 
Posts: 1,150 since Jul 2009
Thanks: 1,094 given, 1,299 received


wh View Post
i can not read italian or spanish ...

but i think you must install this indicator in your enviroment ...

C'mon wh sure you can...
Text and Web - Google Translate

pero creo que se debe instalar este indicador en su entorno ...

ma penso che Ť necessario installare questo indicatore nel proprio ambiente ...

right...?

Have a good weekend wh

‹bersetzer arbeitet nicht einen Dreck wert

input
this translator doesn't work worth a crap

Reply With Quote
The following user says Thank You to websouth for this post:
 
  #52 (permalink)
Administrator: Retired Backtester
 Vendor: speedytradingservers.com 
Rennes France
 
Futures Experience: Advanced
Platform: NinjaTrader
Broker/Data: IB/Kinetick
Favorite Futures: Futures
 
sam028's Avatar
 
Posts: 3,366 since Jun 2009
Thanks: 3,572 given, 3,982 received

I didn't read carefuly Alinghy's post.
D9System.cs is a Strategy, not an Indicator.
So, if you move D9System.cs from your Indicator folder to Strategy folder, it should work better...

Success requires no deodorant! (Sun Tzu)

Last edited by sam028; November 14th, 2009 at 08:20 PM.
Reply With Quote
 
  #53 (permalink)
Elite Member
Canada
 
Futures Experience: Intermediate
Platform: NinjaTrader
 
Posts: 76 since Jul 2009
Thanks: 175 given, 9 received


As a strategy, it worked. But if I moved it to indicator folder, after recompilation, nothing shows up in the indicator list. I am not sure if it is possible to use strategy as an indicator. Please advise.

Thanks.


sam028 View Post
So, if you move D9System.cs from your Strategy folder to Indicator, it should work better...



Last edited by wuolong; November 14th, 2009 at 10:07 PM.
Reply With Quote
 
  #54 (permalink)
 Vendor: www.tradersforce.com 
Dallas,tx
 
Futures Experience: Advanced
Platform: Market Delta
Broker/Data: Velocity /TT
Favorite Futures: ES
 
benbrooke's Avatar
 
Posts: 430 since Aug 2009
Thanks: 216 given, 484 received

hey,

if you like this indicator you must be a VIP member
to become a VIP member you need to donate , (click on donate at the top menu)

what i published is just the Strategy not the indicator

Reply With Quote
 
  #55 (permalink)
Elite Member
Chicago
 
Futures Experience: Intermediate
Platform: Ninja Trader & TradeStation
Broker/Data: Amp Futures/Zen-Fire
Favorite Futures: ES
 
Posts: 56 since Jun 2009
Thanks: 17 given, 48 received


banbrooke View Post
Trade 1:

as you can see in the chart (posted below) price bounced from the low BB i waited for D9 cross above 0 place my stop below the BB and prices never looked back.

Hello Banbrooke,

Your system seems very interesting. I created a chart and have been going through it trying to understand the setups and triggers. One question I have is this: do you anticipate a crossing of the D9 before it actually happens? I notice on my chart I don't get the signal that the cross has occurred until the bar completes,and by this time I'm already at least 4 ticks further away from the entries your showing on your charts. In many cases its a very good trade anyway, but in a couple cases you show (and in many more on other parts of the chart) I would be entering the trade after I'm already very close to the other Bollinger Band--meaning at that point I should be looking for a trade in the opposite direction. E.g. on trade #1 on 11/10/09 I would have gotten the confirmed cross at the same time the price had reached 1088.50 (the start of the next range bar after the one that gave the cross signal). This would have me entering the trade more than half way to the other BB. So do you see the cross is imminent and trade the break of the bar? I don't see how else you could get such early entries. Or maybe I'm not understanding this so well.

Thanks for your help.

Ron

Reply With Quote
 
  #56 (permalink)
Elite Member
Chicago
 
Futures Experience: Intermediate
Platform: Ninja Trader & TradeStation
Broker/Data: Amp Futures/Zen-Fire
Favorite Futures: ES
 
Posts: 56 since Jun 2009
Thanks: 17 given, 48 received

So I made a real trade in the Euro futures with this system today...and it was profitable

But I think I was a little lucky, I still don't really a good handle on how to filter out the ones that don't end up going anywhere. By the time the D9 crosses the 0-line the market has usually traversed more than half way toward the other BB. However, as in the trade I made today (see chart) if you have a couple other indications of a good trade I think this D9 cross after a bounce off the BB is a pretty nice trigger.

Today's trade came after some clear divergence on the D9 vs. price, and the cross required a break of a local resistance area. I took the trade off the 5 range chart, but the 10 range D9 was about to cross as well, and the market was close to the lower BB on the 10-range.

Attached Thumbnails
Scalping the DOW-banebart_buy-11-18-09.png  
Reply With Quote
 
  #57 (permalink)
 Vendor: www.tradersforce.com 
Dallas,tx
 
Futures Experience: Advanced
Platform: Market Delta
Broker/Data: Velocity /TT
Favorite Futures: ES
 
benbrooke's Avatar
 
Posts: 430 since Aug 2009
Thanks: 216 given, 484 received


rsi77 View Post
So I made a real trade in the Euro futures with this system today...and it was profitable

But I think I was a little lucky, I still don't really a good handle on how to filter out the ones that don't end up going anywhere. By the time the D9 crosses the 0-line the market has usually traversed more than half way toward the other BB. However, as in the trade I made today (see chart) if you have a couple other indications of a good trade I think this D9 cross after a bounce off the BB is a pretty nice trigger.

Today's trade came after some clear divergence on the D9 vs. price, and the cross required a break of a local resistance area. I took the trade off the 5 range chart, but the 10 range D9 was about to cross as well, and the market was close to the lower BB on the 10-range.

did you monitor the predict and dtrend when prices were in the lower part of the bands?
i always look at those number near the BB and if for example , we are at the lower part of the band and detrend show -45 and predict show -20 i know prices will go higher and then you may take trade with more confidence and feel lucky and some times i even take the trade before the cross with divergence but this is my discretion not system

Reply With Quote
 
  #58 (permalink)
Member
USA
 
Futures Experience: Beginner
Platform: NinjaTrader
Broker/Data: IB
Favorite Futures: ES
 
Jugador's Avatar
 
Posts: 163 since Jul 2009
Thanks: 67 given, 51 received


rsi77 View Post
So I made a real trade in the Euro futures with this system today...and it was profitable

Alright, way to go! Now, you can officially tell everybody, "I'm a euro trader".

Reply With Quote
 
  #59 (permalink)
Elite Member
Chicago
 
Futures Experience: Intermediate
Platform: Ninja Trader & TradeStation
Broker/Data: Amp Futures/Zen-Fire
Favorite Futures: ES
 
Posts: 56 since Jun 2009
Thanks: 17 given, 48 received


banbrooke View Post
did you monitor the predict and dtrend when prices were in the lower part of the bands?
i always look at those number near the BB and if for example , we are at the lower part of the band and detrend show -45 and predict show -20 i know prices will go higher and then you may take trade with more confidence and feel lucky and some times i even take the trade before the cross with divergence but this is my discretion not system


No I didn't. So do you simply look at their relative values as an indication of direction for the market?...if predict is less negative or more positive price is expected to go up?

Right now (10:01 CST) my Euro future chart has Detrend = -30 and Predict = -17 and the market is right on the lower BB (but D9 is not close to crossing, but is pointing up). If if were during active session would you consider a trade?

Thanks,

ron

Reply With Quote
 
  #60 (permalink)
 Vendor: www.tradersforce.com 
Dallas,tx
 
Futures Experience: Advanced
Platform: Market Delta
Broker/Data: Velocity /TT
Favorite Futures: ES
 
benbrooke's Avatar
 
Posts: 430 since Aug 2009
Thanks: 216 given, 484 received


this is exactly how i look at this , please let me know if the market retrace when you saw this values

thanks
ban.

Reply With Quote

Reply



futures io > > > Scalping the DOW

Thread Tools Search this Thread
Search this Thread:

Advanced Search



Upcoming Webinars and Events (4:30PM ET unless noted)

Linda Bradford Raschke: Reading The Tape

Elite only

Adam Grimes: TBA

Elite only

NinjaTrader: TBA

January

Ran Aroussi: TBA

Elite only
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
Scalping with a target less than stop Twiddle Traders Hideout 19 November 20th, 2013 02:00 AM
Wave Scalping (discretionary) websouth The Elite Circle 35 December 13th, 2010 05:11 AM
momentum scalping cory The Elite Circle 9 October 21st, 2010 08:21 PM


All times are GMT -4. The time now is 02:54 AM.

Copyright © 2017 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432, info@futures.io
All information is for educational use only and is not investment advice.
There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
no new posts
Page generated 2017-12-12 in 0.13 seconds with 20 queries on phoenix via your IP 54.90.207.75