Here is the way i daytrade the Emini-YM

This is a discussion on Here is the way i daytrade the Emini-YM within the Discretionary Trading forums, part of the Methods category; Originally Posted by onL0oker JWG, the Infinity provides data feed to the TransAct Trading Platform. Here's the link. Sierra Chart ...

Reply
 
LinkBack Thread Tools Search this Thread
Old Nov 6, 2008, 6:33am   #225
 
_JWG_'s Avatar
Joined Oct 2008
Quote:
Originally Posted by onL0oker View Post
JWG, the Infinity provides data feed to the TransAct Trading Platform. Here's the link.

Sierra Chart - TransAct Futures
Thanks onlooker....

Downloaded sierra charts with transact feed and execution... looks real sophisticated which is what i was chasing... i'm going to give this demo a real good look over... i'm new to all this and i'm just trying to get my bearings.... i need to figure out what markets the contact codes actually represent...

Thanks again for your help.



cheers

Last edited by _JWG_; Nov 6, 2008 at 10:53am.
_JWG_ is offline   Reply With Quote
Old Nov 6, 2008, 11:24am   #226
 
the blades's Avatar
Joined Aug 2004
Bashir,


Could you look at the example charts attached. I'm interestyed in defining when the stoch is "pointing" or "hooking up".

Clearly there are times when this isn't questionable, but it's turning points I'm interested in.

The first chart (hook - ignore the 1 mion chart on the left) shows the slow line horizontal, but the fast line cutting through and going down.

The 2nd chart (hook2) has the slow line going down,just, and the fast line starting to hook up.

You might argue "if in doubt, stay out", but how would you call these? I suspect to get all indicators lining up, there'llbe a lot of these examples.


On a seperate note-could you post some pivot value from your charts with a time stamp - that way I can calculated which bars they are being calculated from.

Cheers,
UTB
Attached Thumbnails
hook.jpg   hook2.jpg  
__________________
you fill up my senses
the blades is offline   Reply With Quote
Old Nov 6, 2008, 1:27pm   #227
 
bnaimy's Avatar
Joined Apr 2008
bnaimy started this thread
Quote:
Originally Posted by _JWG_ View Post
Bashir,

I am on the Sierra Chart website and it does not mention the live feed from infinity futures? Sierra Chart - Supported Data and Trade Services

This Sierra website looks dodgy... are they legit?
Yes m8, they are legit

They only provide the software, and when you isntall it you choose transact as your provider, and there you just use your infinity futures login information.Before it would work you need to have the platform from infinity futures installed, and then sierra will tap into that and get the live feed.Very simple and powerfull.

Their site is kinda **** and very difficuly to nagivate,but they are 110% legit, i got that recommended from infinity futures, and i am loving it

ps: will post video today, had another pc crash when i tryed to record it again

With regards
Bashir Naimy
__________________
I don't measure a man's success by how high he climbs but how high he bounces when he hits bottom.
bnaimy is offline   Reply With Quote
Old Nov 6, 2008, 1:44pm   #228
 
bnaimy's Avatar
Joined Apr 2008
bnaimy started this thread
Quote:
Originally Posted by the blades View Post
Bashir,


Could you look at the example charts attached. I'm interestyed in defining when the stoch is "pointing" or "hooking up".

Clearly there are times when this isn't questionable, but it's turning points I'm interested in.

The first chart (hook - ignore the 1 mion chart on the left) shows the slow line horizontal, but the fast line cutting through and going down.

The 2nd chart (hook2) has the slow line going down,just, and the fast line starting to hook up.

You might argue "if in doubt, stay out", but how would you call these? I suspect to get all indicators lining up, there'llbe a lot of these examples.


On a seperate note-could you post some pivot value from your charts with a time stamp - that way I can calculated which bars they are being calculated from.

Cheers,
UTB
Hi blades, the first chart is going nicely up , and the second is going nicly down and have nice spacing betwen the lines . As long as they have crossed thats enought for me to say if its up or down, but when sometimes the two lines are almost glued together and u cant almost not tell if they are crossed up or down, those times i recommend you stay out , and when the spacing betwen those two lines are very very little, then i stay out, the more spacing the better, cause spacing indicates momentum in that direction.

On that second picture, u see that area where the two lines are almost glued together, those time i dont do ****, i just wait it out and see what it wants to do, and as you can see on price that price just dident reallydo that much when it was liek that , basicly there was no momentum on either direction, and it just whent sideways, but when it got some spacing u see it starts to move again.

The other thing is that,i never take the trade before its above all resistance and support, and by that time it have had time to resolve itself.

I can imagine stochastics can seem to be kinda unreliable since they can fake you out, but since i am using it with my moving averages and the different timeframes the price is at such a point that its pretty much committed in taht direction by the time i do take it.

If you would tell me to just trade the stochastics with nothing else then just a 50ma and 1 timeframe, that would seem like suicide to me, cause i would never know what it would do next, maybe cross down right after it crossed up.I think the edge is to use it together with a method and have things to comfirm the move up.I think the it all lyes in the different time frames, but thats my own personal belife

So in short, as long as the two lines are crossed and have spacing betwen the lines i would say thats its going either up or down, but using it just like that with 1 timeframe i would never do.Use it different timeframes and voila, u would be alot safer.

When it comes to the pivots i dont know what you mean with timesstamp?
I can show you the pivots on my chart, but how do i do the timestamp thingy, sorry for not being much help there, pretty green

Hmm im typing to much again, let me know blades if u got me ?

With kind regards
Bashir Naimy
Attached Thumbnails
stoch.jpg  
__________________
I don't measure a man's success by how high he climbs but how high he bounces when he hits bottom.
bnaimy is offline   Reply With Quote
Old Nov 6, 2008, 1:52pm   #229
 
the blades's Avatar
Joined Aug 2004
Quote:
Originally Posted by bnaimy View Post

Hmm im typing to much again, let me know blades if u got me ?
Bashir,

Great stuff - cleared the stoich bit up (you reference "slow stroichastics only",whereas I would call it the slow and the fast - but it's just terminology - if the cross defines it then I'm clear, thanks).

Re the pivot's - almost there - you can see from the values that they must be calciulated from a much wider range=- I'm presuming the previous day - to finally nail it, could you confirm if those numbers remain the same during the trading day?

Thanks again for all your efforts here,

Cheers,
UTB

PS - performing nicely on the FTSE this morning, which is a more sociable index for me
__________________
you fill up my senses
the blades is offline   Reply With Quote
Old Nov 6, 2008, 2:13pm   #230
 
bnaimy's Avatar
Joined Apr 2008
bnaimy started this thread
Quote:
Originally Posted by the blades View Post
Bashir,

Great stuff - cleared the stoich bit up (you reference "slow stroichastics only",whereas I would call it the slow and the fast - but it's just terminology - if the cross defines it then I'm clear, thanks).

Re the pivot's - almost there - you can see from the values that they must be calciulated from a much wider range=- I'm presuming the previous day - to finally nail it, could you confirm if those numbers remain the same during the trading day?

Thanks again for all your efforts here,

Cheers,
UTB

PS - performing nicely on the FTSE this morning, which is a more sociable index for me
Hey m8, the numbers are the same the entire day.
And i am also considering trading ftse myself, kinda getting tired of trading th Ym in the middle of the day, dont have any social life anymore lol

OR else i need to move down to usa

You have a wonderfull day m8 and a profitable one

With regards
Bashir Naimy
__________________
I don't measure a man's success by how high he climbs but how high he bounces when he hits bottom.
bnaimy is offline   Reply With Quote
Old Nov 6, 2008, 2:18pm   #231
 
the blades's Avatar
Joined Aug 2004
Quote:
Originally Posted by bnaimy View Post
kinda getting tired of trading th Ym in the middle of the day, dont have any social life anymore lol
yep, that's the one

Good luck to you too, sir,
UTB
__________________
you fill up my senses
the blades is offline   Reply With Quote
Old Nov 6, 2008, 2:32pm   #232
 
the blades's Avatar
Joined Aug 2004
Bashir,

Another one, sorry.....

Let's say the stoch is popinting up, very clearly, but the 2 lines stay close together (no gap) - would you consider this on side?

Cheers,
UTB
__________________
you fill up my senses
the blades is offline   Reply With Quote
Reply

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Similar Threads
Thread Thread Starter Forum Replies Last Post
- - - Daytrade Crude Oil - - - Trade The Trend Commodities & Money Markets 47 May 31, 2011 5:27pm
Best Markets for DayTrade Oliveira Futures & Options 9 Aug 6, 2009 3:10pm
The best way to daytrade gold zbs60 Commodities & Money Markets 2 Nov 6, 2007 12:59pm
How to daytrade traderjuk First Steps 5 Feb 6, 2007 10:14pm

LinkBacks (?)
LinkBack to this Thread: http://www.trade2win.com/boards/discretionary-trading/40616-here-way-i-daytrade-emini-ym.html
Posted By For Type Date
2008 Members’ Choice Awards This thread Refback Feb 9, 2009 2:00pm
Forums - bnaimy (Bashir Naimy) This thread Refback Jan 3, 2009 8:36am
AEX part 1 This thread Refback Dec 29, 2008 10:45pm
Tips highlowrisk This thread Pingback Oct 6, 2008 7:05pm

Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)