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Day Trading from an Ogre's Point of View


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Day Trading from an Ogre's Point of View

  #111 (permalink)
 
TradingOgre's Avatar
 TradingOgre 
Evans GA/USA
Legendary Market Wizard
 
Experience: Intermediate
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MiniP View Post
It seems like you trade for a decent amount of time, curious on how you stay in the zone for 8-10 hours.
Congrats on the day !!

Thanks

-P

I am used to working 10-12 hour shifts at work. Did it for about 25 years. The alerts from the indicator help in that I don't have to focus on the charts the entire time. When the alert sounds, I check the charts to see if I agree with the signal or if I need to move a pending order, etc. I spend time reading (learning about options now) or watching YouTube video's on trading, etc. It would be nearly impossible to scalp for that long.

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  #112 (permalink)
 
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 TradingOgre 
Evans GA/USA
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cory View Post
my skill is not up to that level but trader EDGE use this technique in his eSwingRays to label all horz lines on the chart,
it's NT7 but hopefully it gives you some idea for NT8

Thanks. I will check this out on the weekend.

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  #113 (permalink)
 
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 MiniP 
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TradingOgre View Post
I am used to working 10-12 hour shifts at work. Did it for about 25 years. The alerts from the indicator help in that I don't have to focus on the charts the entire time. When the alert sounds, I check the charts to see if I agree with the signal or if I need to move a pending order, etc. I spend time reading (learning about options now) or watching YouTube video's on trading, etc. It would be nearly impossible to scalp for that long.

I'm not sure if you've covered this yet and if you have forgive me but are you using blood hound or anything let that to setup these alerts/system or are you just using the NT platform to code. Seting up an alert based system doesn't sound like a bad idea.

-P

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  #114 (permalink)
 
TradingOgre's Avatar
 TradingOgre 
Evans GA/USA
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MiniP View Post
I'm not sure if you've covered this yet and if you have forgive me but are you using blood hound or anything let that to setup these alerts/system or are you just using the NT platform to code. Seting up an alert based system doesn't sound like a bad idea.

-P

Just using NT. It's not hard to set something up that draws a triangle where the signal triggers and then play a sound.

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  #115 (permalink)
 
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 MiniP 
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TradingOgre View Post
Just using NT. It's not hard to set something up that draws a triangle where the signal triggers and then play a sound.

Have to look into it, my programming skills are pretty weak haha

Thanks again.

-P

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  #116 (permalink)
 
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 TradingOgre 
Evans GA/USA
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Decent volume today. Better than the last several days. Hope that trend continues.

Plan for tomorrow is to start at the normal early a.m. time and go back to posting all of the pending and active trades. All of my earnings today were made after the U.S. opened. Will most likely go to trading just days starting next week.

Currently looking at the signals the indicator generates to see if it is giving mostly correct signals. I may just place a pending order a few ticks above the high of the signal candle to try and reduce the time spent in the red. Maybe have one pending that I can just drag into place once a signal is generated. I will probably realize over time that it isn't even necessary and to just play the swing high's and low's in the right place. Time will tell.

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  #117 (permalink)
 
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 TradingOgre 
Evans GA/USA
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Not much action through the night. A re-test of yesterday's high and about 14 points worth of movement.

Switched to the higher time frame to draw some support and resistance lines. Looking back to March of last year finds that we haven't been this high so no way to draw some resistance lines above where we are now.




Also looking back there is about a 50/50 chance we will just chop all day today. This is based on looking at the higher time frame and seeing what happened the day after a 100+ point move. Won't really be able to tell until U.S. opens.

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  #118 (permalink)
 
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 TradingOgre 
Evans GA/USA
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Nothing but chop right now. 200 tick chart:


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  #119 (permalink)
 
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 TradingOgre 
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Just hanging out at a support area. Not much going on.


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  #120 (permalink)
 
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 cory 
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TradingOgre View Post
Nothing but chop right now. 200 tick chart:

..

yes, choppy before open

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