Recent content by qwerty1

I use QCharts & I'm having a very difficult time finding the correct symbol for the Osaka Securities Exchange mini Nikkei futures contract, including how to correctly type the symbol format. I went to esignals link & it makes no reference to mini Nikkei.

Is Interactive Brokers the only broker offering access to the mini Nikkei futures?

It's true that no system is 100% Lotsofloot, however, understanding & correctly interpreting price is the true language of the markets. The market has a language, think about it for a moment, when a person does not speak a foreign language, he uses an interpreter or indicators for insight or...

Do you recall this quote lotsofloot?: "The main drawback with using nn models is that they can suddenly stop producing valid trading signals." In other words if a system goes down, a trader goes down with it. Many traders who depend upon a system typically do not understand the underlying...

The following chart with commentary could provide some insight. I've noticed that traders new to this game typically want or seek a quick solution to their trading woes, when in reality there is a learning curve that is inherent.

Well lotsofloot, what is your opinion of MCHP now? It's at a critical juncture now, something will have to give, one thing is certain, a buyer from $31 surely cannot hope, wish & pray his way to profits. The bears are putting up a stiff fight again at those highs, the immediate picture points to...

Let's not claim ignorance either, the other equation is also possible: Those who can, can also teach.

The market was trending down, bears were in control while the bulls were countering against the push down. When markets trend downward the bears possess great authority or influence. Ask yourself the question new_trader, why are markets moving up & down? The real issue as to why markets move is...

Well Lotsofloot, I suppose you took partial profits on longs @ $35? The bears have refused to yield to the bulls above $35 since 5/22/06. And It's been about 2 months since the bulls last threatened to push above $35. However, today we saw a powerful pullback, this development does not favor...

OK, OK, so bulls held $31, so can we now see resolve from bulls? partial target is $35 & the longer term target is $38 & a break above & just maybe you can celebrate with champagne.

Well lotsofloot, you were long from $31.70, you could've easily reversed & In case you're short, this is how I would approach this one, I would place my stop just above the pullback at $32.80 made on 23-10-2006. Upon closer examination, the bears appear to be exerting greater influence than...

If you sell it on Monday, you'll be doing so near the middle of a trading range that is now over 5 months old, are you sure you want to do this? A trading range is an intense battle for control of market direction. When a trader buys or sells near the middle of a trading range, he is walking...