Old Archive for "May, 2009"

These are Blog Archives
Here you can find links to old content I had on the blog, prior to switching to our group pages. Have fun looking around... some of it is pretty good! If you are looking for the best of the best posts from both the old and new eras, then go to the Articles Page. If you want the newest material, browse the public group (and the google waves associated with it).

Time-Series Forecasting Basics

Posted on May 22nd, 2009
Written by Richard

In trading we use indicators of various sorts, but at the base of it we are all trying to do one thing: predict future values from current values. So, let’s cut out the middle man and go straight to the source: Time-Series Forecasting.
I thought some of you might be curious about it, so I [...]

Some Thoughts on Fib Extensions

Posted on May 20th, 2009
Written by Richard

People occasionally ask my opinion about why Fibonacci stuff does or does not work. An article is coming sometime in the future. No promises when. It will probably explain more than you ever wanted to know about the fibonacci sequence and the golden mean as it might apply to trading. I [...]

Multicharts 5.0 beta6

Posted on May 16th, 2009
Written by Richard

It looks like Multicharts 5 is coming out soon, so I wanted to check out the latest beta (beta6). Here are my initial impressions:

They’ve taken out point(original) bars. Damn. I love point(original) charts, as you know. Good thing I recently implemented them on ninjatrader! I made a post to the [...]

The Password Is: Mean Reversion

Posted on May 11th, 2009
Written by Richard

Today was a pretty sideways, go-nowhere day. So, I thought mean-reversion was the play to make. I put up charts on ES, YM, and NQ, and waited for extreme moves on low volume. Once they put in an appropriate turnaround candle formation, I tried to ride them back up or down.
Here’s [...]

It Never Fails

Posted on May 6th, 2009
Written by Richard

I tell you what, it never fails… I had one losing trade today, and it was the trade I took live in our trading room. To add insult to injury, it took me out on a little run up that reversed sharply in my direction. *sigh*
Actually I’m very pleased that the trade eventually went [...]

The Day in Oil

Posted on May 6th, 2009
Written by Richard

One of my many loyal readers asked to see the volume splitter on a day in oil on a 2115-contract chart… It looked so slow I went ahead and captured the 215-contract chart in case he mis-typed it. :-) I think both sets of charts look really good.
The top subgraph is the 50-contract traders. [...]

Wednesday Ninjatrader Event!

Posted on May 5th, 2009
Written by Richard

EOTPro is sponsoring a free ninjatrader information session. It is open to anyone who wants to come. If you’ve been curious about ninjatrader, or a user with questions, come and participate. It’s May 6th at market close here: http://tinyurl.com/6e3aob.
Things that will be covered include:

Single click order entry and modification in the powerful [...]

April 30th Indicator Lesson Class Video

Posted on May 1st, 2009
Written by Richard

This meeting was a long one, with Bill, Glen and I all talking for a bit. Bill went over some basics because we have a ton of new subscribers lately. Then I talked about basic ways to trade stocks with our indicators. But, the highlight of the presentation was Glen, who shared [...]