shovel52 18 posts msg #87142 - Ignore shovel52 |
1/27/2010 1:30:42 PM
No I don't believe, some code has to be changed around to get it to work in ts 2000i.
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mesayah 658 posts msg #87144 - Ignore mesayah modified |
1/27/2010 1:51:37 PM
How about from 10;42 -11;17? And 12;20 -13;07? Are those not swings thru the zones with minimal chance to cash?
What am i missing?
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stratiG 147 posts msg #87150 - Ignore stratiG modified |
1/27/2010 2:13:46 PM
mesayah
- Ignore mesayah 1/27/2010 1:51:37 PM
How about from 10;42 -11;17? Are those not swings thru the zones?
What am i missing?
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Yes. But remember stockfetcher only supports daily, so once the price has gone -.10 to -.50 that counts as 1 and the reverse for longs. We don't have the stats of how many times that happens in a day. So, If price goes from -.10- to -.50 10 times in one day stockfetcher only counts 1. This took me a long time to figure out and some coin. Like I said in a previous post there are some nuances you need to figure out with practice/observation.
Another example would be AMZN now, even though it went from -.50 to +.50(no additional trades supported) this morning I shorted it because it had not filled the gap. I'm out now. Just some things to think about.
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stratiG 147 posts msg #87154 - Ignore stratiG |
1/27/2010 2:28:51 PM
AMZN again short and filled the gap. I'm done with AMZN for today. Scalped 2/3 still holding on to a 1/3 scratch that i'm out.
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mesayah 658 posts msg #87158 - Ignore mesayah |
1/27/2010 2:34:13 PM
AAPL LONG
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stratiG 147 posts msg #87163 - Ignore stratiG |
1/27/2010 2:44:58 PM
Good trade. I missed it, but I would of made the trade because it was the only trade left in AAPL. It never went to +.50.
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mesayah 658 posts msg #87189 - Ignore mesayah |
1/27/2010 4:39:55 PM
so tell me if i'm wrong. you cannot make 2 consecutive long trades or short trades in a row. let's say you go long, take profit, then drops back to maybe .03 green then goes above .10 again? can you go long again?
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stratiG 147 posts msg #87192 - Ignore stratiG modified |
1/27/2010 5:18:11 PM
mesayah
- Ignore mesayah 1/27/2010 4:39:55 PM
so tell me if i'm wrong. you cannot make 2 consecutive long trades or short trades in a row. let's say you go long, take profit, then drops back to maybe .03 green then goes above .10 again? can you go long again?
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Scenario 1) you go long at .10 price reaches .50 you take profits--now price returns to .10--the stats don't support another long trade because price reached .50--*if gap didn't fill, you can still trade it.--your option
Scenario 2) you go long at .10 price reaches .49 you take profits--now price returns to .10--the stats support another long trade because price never reached .50--your option
Do you get it? Check it out yourself, use the filter and change 100 days to 1 and count how many times the stock goes to +-.10 to +-.50 and look at the filter. The filter will say 1 even if it happens multiply times in a day.
Using the MTC and Gap filters, there is only 3 plays per ticker.
1)long to .50 - only supported once
2)short to .50 - only supported once
3) long/short can only fill once, but can trade it until it fills--your option(how i traded AMZN today)
I hope this helps.
GS
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mesayah 658 posts msg #87196 - Ignore mesayah |
1/27/2010 5:50:51 PM
Ok. getting it more. I went to community college for 3 months so humor me.
Can you show me your trades on AMZN?
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stratiG 147 posts msg #87203 - Ignore stratiG |
1/27/2010 10:39:16 PM
I didn't trade AMZN in the morning, but it was still on my radar because it never filled the gap.
If I had noticed the move earlier, i would of shorted when the first red arrow bar broke to a new low from the previous bar. In anticipation of it going lower, but I entered late 1st red arrow.
1st red arrow) entered short trade got stopped out
2nd red arrow) entered short---winner
3rd red arrow) entered short ---winner
There were no more trades left with this method. The +-.50 trades were taken on the first bar.
On a side note, I wish I had a dashboard indicator to tell me what trades are left for a basket of MTC/GAP stocks. The indicator would display what stocks went to +-.50 and what stocks filled the Gap. Then you could just look at the stocks that have trades left to be made. Any help out there would be appreciated. Thanks
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