Recent content by bond_trader1

I wanted to start this thread to pose the question as to whether Lurker Lurker (T2W's frequent poster and author of an excellent journal) is really Jesse Livermore reincarnated? I believe he is.

Sounds like a very good idea. Count me in. I can do any evening. I am in North London right now but have a place in Richmond too.

Hi, I just wanted to follow this up incase anyone views E*Trade in a negative light on the strength of this post. The facts are correct - I was stopped out due to a spike in a place where the market never traded and despite telling me they would, E*trade didn't call me back. HOWEVER, I did not...

I was stopped out of a forex position on Friday despite my direct market feed saying the market never traded within 10 pips of it. Going down to the 1m chart I saw price spikes that simply did not mirror the real market action. E*trade said they would get back to me about this but so far I...

I really do need to watch these correlations...thanks for the information Grant - very interesting!

I've had a difficult few days in the Bund...I will update you all in due course... To answer your question: I think the chance it could go at least test 112 again are becoming increasingly probable after price rejected the daily TF PPZ at around 112.85. (see chart)

futures_trader, Triangles show a series of lower highs and higher lows. The trendlines that connect these points show the price converging as it gets closer to the apex of the triangle. As this consolidation winds up many traders look for the price to breach one of these levels which can...

So, what's to stop the flipper being flipped?

Fibonelli, Some very useful and interesting observations. The highs that connect the descending TL line up much better on your chart than they do on mine but nonetheless, I agree, September saw a failed test and the longer term pictures looks, or at least, feels bearish. However, let's see if...

I sent Grant a PM asking him for more information and he kindly replied with the following (posted with his permission): I’m referring to number of contracts traded per time period, eg 5 minutes, 60 minutes, 1 day. I use this as measure of buyers’/sellers’ conviction. For example, assume the...

Hi futures_trader, Welcome to the thread - thank you for posting. I know some traders look at the yield when making a decision but I just concentrate on the price action and technicals. I am trying to keep things as simple as possible at the moment. If you discover anything interesting on...

So, 7 months of the challenge remaining. Starting balance: £1,000 Target: £10,000 Current balance: £1,066 Well, at least I'm in the black...

And it may still work but I don't feel so bad I didn't enter it now... Price has been going sideways for the last five sessions but there is support here at the 50 fib and price made a pin bar on the daily with the nose extending towards further support at 112.00 so I decided to go long on the...

Thank you for your reply. And I would add that I spoke to E*Trade on the phone about the position. They told me that because the market only dipped momentarily beneath my stop (on a long order) and then came back up, it hadn't been triggered. The dealer in charge there made it clear that...

There was a perfect short set up yesterday. They really don't come looking much better than this. Pin bar (circled) with the nose directly on a prominent S/R level (this made me particularly confident as I have had it on my charts for some time now). That S/R level also happened to almost...