| StockFetcher Forums · General Discussion · NEVER LOSE AGAIN!! | << 1 ... 36 37 38 39 40 ... 105 >>Post Follow-up |
| mgazda 13 posts msg #70129 - Ignore mgazda modified |
12/29/2008 1:47:47 PM waiting...churning..then $1.00 move down on AAPL...nice work again TRO. |
| johnsund 16 posts msg #70130 - Ignore johnsund |
12/29/2008 2:20:25 PM I am looking at your post from 9/18/08 at 4:40:23 PM as I think it is representative of several crosses of the Buy Zone in a single trading day. There would be many others but just happened to see and choose this one. I am trading AAPL exclusively on the TS simulator. Just want to make sure that I understand how you see trades as they appear, and how you would react to what you see. 1. At the open there was a gap up and a very brief time where one might have made a few cents on the green candle on a long trade as it started up, then entered and went thru the blue buy zone. 2. Then direction reversed, red candles appeared and price passed into the red sell zone, so could have shorted and made a few cents. 3. Made the same reversing trend agan, but did not re-enter the blue buy zone until about 7:55 and would have gone long, and ridden the price from about 130.75 up to about 132.75 or so. 4. Reversed again and hit the lower buy zone about 7:40 or so on a red candle at 130.50 or so and would have shorted all the way down to about $124 whre it ran out of gas. 5. Did not re-enter the buy zone until about 12:45 on a green candle, so would have gone long at about 130.75 or so until about 132.75 only 2 minutes later. That would have been it for the day - no more crossing the Buy Zone. Lots of AAPL juice. Did you see similar trade opportunities? Thanks for all that you do for all of us!!!! |
| TheRumpledOne 6,529 posts msg #70135 - Ignore TheRumpledOne |
12/29/2008 4:09:06 PM |
| TheRumpledOne 6,529 posts msg #70136 - Ignore TheRumpledOne |
12/29/2008 4:11:59 PM johnsund: Yes, those look like valid Buy Zone trades. I don't know if you have read this thread from page 1 or not. Remember to only take FADE THE GAP trades until the gap fills. Then you can trade in both directions using the Buy Zone. That is the best way to trade the Buy Zone. |
| johnsund 16 posts msg #70139 - Ignore johnsund |
12/29/2008 4:46:29 PM TRO - Just to make sure I understand, you would Fade the Gap at the open, then looking at the AAPL chart from today, there would be no other trade opportunity until the gap filled at 10:40 (price moved downward, from open to close), and then the price moved to the Buy Zone at about 13:50, when green candles showed at the bottom edge of the blue line. That is the trigger to go long and maybe get $.25 from then until 13:59. Since the gap had not filled prior to 10:40 and no price thereafter entered the Buy Zone until 13:50, there were no statistically sound reason to enter a trade. Correct?? Thanks. |
| TheRumpledOne 6,529 posts msg #70153 - Ignore TheRumpledOne |
12/30/2008 9:46:51 AM
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| TheRumpledOne 6,529 posts msg #70154 - Ignore TheRumpledOne |
12/30/2008 9:48:13 AM johnsund 12/29/2008 4:46:29 PM TRO - Just to make sure I understand, you would Fade the Gap at the open, then looking at the AAPL chart from today, there would be no other trade opportunity until the gap filled at 10:40 (price moved downward, from open to close), and then the price moved to the Buy Zone at about 13:50, when green candles showed at the bottom edge of the blue line. That is the trigger to go long and maybe get $.25 from then until 13:59. Since the gap had not filled prior to 10:40 and no price thereafter entered the Buy Zone until 13:50, there were no statistically sound reason to enter a trade. Correct?? Thanks. ===================================== Correct? That's not the best question. Instead ask, WOULD THAT HAVE BEEN PROFITABLE? |
| johnsund 16 posts msg #70157 - Ignore johnsund |
12/30/2008 10:21:23 AM TRO - Just to make sure I understand, you would Fade the Gap at the open, then looking at the AAPL chart from today, there would be no other trade opportunity until the gap filled at 10:40 (price moved downward, from open to close), and then the price moved to the Buy Zone at about 13:50, when green candles showed at the bottom edge of the blue line. That is the trigger to go long and maybe get $.25 from then until 13:59. Since the gap had not filled prior to 10:40 and no price thereafter entered the Buy Zone until 13:50, there were no statistically sound reason to enter a trade. Correct?? Thanks. ===================================== Correct? That's not the best question. Instead ask, WOULD THAT HAVE BEEN PROFITABLE? ===================================== TRO - Your are correct - that is the right question. It would have been slightly profitable - maybe $.25 if one were quick on the trigger . But, am I correct that the rules would have prevented any other entry until the gap had been closed because until the gap was filled there was not a statisically sound reason to enter? Thanks. |
| johnsund 16 posts msg #70160 - Ignore johnsund |
12/30/2008 10:28:58 AM Throughout this thread there are references to staging orders in Tradestation for AAPL and/or RIMM. I understand how this is done as a purely mechanical act - one has to only follow the instructions TS provides. However, I am not clear on where in the range of prices staged orders would be placed. With AAPL currently trading at about 87.30, where along the spectrum of prices would staged orders be placed. Already today the range of prices has been from a high of 87.75 to a low of 86.63. So, where would "staged order" prices be placed? Thanks for any assitance that can be provided. |
| TheRumpledOne 6,529 posts msg #70172 - Ignore TheRumpledOne |
12/30/2008 11:46:03 AM
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| StockFetcher Forums · General Discussion · NEVER LOSE AGAIN!! | << 1 ... 36 37 38 39 40 ... 105 >>Post Follow-up |