Recent content by Chartsky

  1. C

    oil trading style

    Maybe I am not understanding you, or maybe you mis-wrote . . . but a 750-945 Range bar in Crude Oil would be bars $750.00 ($7.50) to $945.00 ($9.45) big and you won't have enough of them to even make a 10-bar chart with unless it goes back 6-months to a year. What am I missing? I agree smaller...
  2. C

    oil trading style

    advfntrader, sorry you lost 10k in 3 mos. but it can be done. I daytrade CL every day on NYMEX and, on average, have only 1 losing day in every 10. On those days, Hedge Funds are over-active, traders are panicking, and price is whipping hysterically. Otherwise, the way I see it, moves are...
  3. C

    Monster ES Day Trading System Rules

    They are completely different kinds of bars. Minute bars are finished forming when the time period is complete. Tick bars are finished when the number of ticks you set it for have been traded, regardless of the time it takes. For example, when volume is higher (right after the open) tick bars...
  4. C

    realistic crude trading size

    Yeah, it just depends on volume as it seems to change at various times throughout the day. When its really active, I've seen 100-lot or 200-lot orders go through with little or no slippage and then, when its dead, a 50-lot order causes 5-7 ticks slippage. But you can easily trade high volume...
  5. C

    oil trading style

    Yeah, oil seemed to really change last Fall. Trading during the Summer was almost too easy, then in the Fall I started noticing some REALLY big size (100-lot or 200-lot orders) coming in at odd times and at market and price spiking as a result. Had to adjust my system big time, and it still...
Top