GOINGLITE NQ/ES PALS CHAT ROOM 1/08/03

 

drwar:   I was attempting to figure out your rules , because chart looks great

Goinglite:   very simular to jimmer's rules

ranny3:   yes, your charts are great....also clear and useful for study....thx again going.

Goinglite:   hope it helps

eminiwannabe:   going, do you just look for a couple of 2 pts a day like rick?

drwar:   The only thing I have been able to nail down on jimmers rules is that he is only taking trades at BB's which gives excellent location and therefore very forgiving

ranny3:   i still don't know how you get that mobius ribbon effect tho

Goinglite:   yep, exactly

eminiwannabe:   yep to m?e

Goinglite:   lol

Goinglite:   it makes the stoch stand out

Goinglite:   visual, that's all

drwar:   You have a very nice simple chart, which is easy to read without clutter.

Goinglite:   yep, clutter causes too much thinking

Goinglite:   too much thinking will cost you money

drwar:   How many tf's are you looking at

Goinglite:   floor traders only look at "1" indicator

Goinglite:   just the 210 and 133, mostly

Lizaaaa:   sound check

Goinglite:   sometimes the 55 tick

Goinglite:   and 550

Goinglite:   but I try to keep the clutter down

Goinglite:   the 210 is clear enough for me

drwar:   Thats what I am attempting to do , But it not easy. I know TOO much and it gets in the way.

Goinglite:   I've looked at 100's of charts with just the 210 tick charts

Goinglite:   the winner percentage off of those charts are "UNBELIEVABLE"

Goinglite:   Too many charts will cause "BRAIN CLOUD" :)

nell1234:   going , u using 2pt stop and 2pt target ?

drwar:   LOL

Goinglite:   2pt stop

HangTen_:   Going - are the bars supposed to be colored by the long term stoch? your new template doesn't seem to do this???

Goinglite:   yes

Goinglite:   the slow K

nell1234:   and target ?

HangTen_:   that's what i thought, not working on my chart - i'll fiddle with it

Goinglite:   the take out of a bar is a good target to get out

Goinglite:   depends

Goinglite:   but 2.0 points is a good start, when starting out

drwar:   What is your entry trigger or do you just use limit orders at the BB's

Goinglite:   Market orders, only

nell1234:   i was just wondering what u are using

nell1234:   i use the band first target

Goinglite:   you can do that

Goinglite:   also

Goinglite:   if I can get 2 points a trade....................... I'm happy

Goinglite:   2points X 30 trades...............................

nell1234:   no for me 2pts X 30 contracts

Goinglite:   LOL

ranny3:   you don't seem to stop and reverse...but do you sometimes?

nell1234:   lol

Goinglite:   I'm too laid back for a lot of SAR

eminiwannabe:   going, how many cts per trade

Goinglite:   I like to do anywhere from 2 to 10

Goinglite:   depends on the setup

eminiwannabe:   you really do up to 30 trades a day?

Goinglite:   nope

 

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eminiwannabe:   or you really looking for a couple of good ones like rick c?

Goinglite:   But I'm working on it :)

Goinglite:   My style is far too aggressive to be like Rick C

nell1234:   i think just trading the mof's and slings , not adding psycology it is VERY hard to have a losing day

eminiwannabe:   well, if you do a 10 st for 2 pts, you just need one trade a day. lol

eminiwannabe:   ct

Goinglite:   EXACTLY

Goinglite:   good point nelt1234

HangTen_:   sorry Going, very odd - your new template on ensign is not coloring the bars

nell1234:   i have made money with them in a 6 pt range

drwar:   Goinglite, Thanks - I will do some playback with your template and see how it works for me.

Goinglite:   HMMMMMMMMMMMMMM

Goinglite:   should color the bars

HangTen_:   anyone else have same problem?

HangTen_:   the stoch is set up to color, have no idea why it won't work

Goinglite:   not sure on that problem

HangTen_:   i just figured part of it out - must be a setting on the candles for me - when i change it to just bars it colors - weird?

Goinglite:   you may need Howard on that one

eminiwannabe:   going? what was rick's b setting?

eminiwannabe:   bb

nell1234:   8,1.8

HangTen_:   i was modifying another chart - probably changed a setting

Goinglite:   rick's is 8. 1.8

Goinglite:   8, 1.8 close

ranny3:   where is this template posted going?

Goinglite:   for rick c

Goinglite:   you can get off of ensign under internet services, template

Goinglite:   or the ensign

Goinglite:   homepage

hanksterr:   mine doesnt work either hangten

HangTen_:   strange - i changed it from candles to bars and it colors fine ????

LAM22:   make under color bars normal bars

ranny3:   thx going...............got it

Goinglite:   ok

HangTen_:   Hey LAM - that's it - thx very much!

LAM22:   no problem

hanksterr:   thx lam

hark33:   I have a problem and would like some help, if possible. Since installing the Jan 8 ver of Ensign, I cannot get a cross hair on my charts. Anyone have an answer?

viking55:   Yes, hark, double click in the chart, then under "big cross" I think, change the color from black to something lighter, then it'll show up

ahoodlum:   goinglite...what day did you do playback on today?

Goinglite:   one was 11/22

Goinglite:   the other one...................... I forgot :)

hark33:   Sorry viking, Didn't works. Thanks, though.

eminiwannabe:   right click on the chart and cross hair is near bottom of list

ahoodlum:   heh...I'd be interested in seeing you post ummm..instructions or tips regarding your system...

ahoodlum:   I have heard you talk about it but I haven't been around enough for the 'whole story;

hark33:   I have that checked, but no dice, emini.

Goinglite:   I will be working on that, but It's really just Jimmer's system

Goinglite:   with a few of my nuances

Goinglite:   to fit my style

Goinglite:   If you read Jimmer's stuff, it will help

ahoodlum:   what timeframes do you look at?

eminiwannabe:   anybody tried the timer yet? i clicked the option but don't seeit

Goinglite:   210 tick, 55 tick, and 133 tick

ahoodlum:   yeah I've been practicing with buffys 2xBline...so kinda similar..but I'm still learning

Goinglite:   I'm a BIG FAN of Jimmer :)

zeker_2:   yes emini, it works

eminiwannabe:   hmmm

eminiwannabe:   hark33

zeker_2:   should be right at the end of the lline

eminiwannabe:   go to setup, then charts, and look at the color you have for big cross in default

eminiwannabe:   zeker, doesn't show

ahoodlum:   not seeing it here either zeker

ahoodlum:   and emini

hark33:   Wi9te, and my charts are gray.

hark33:   while, lol.

eminiwannabe:   try a different color

eminiwannabe:   maybe that will owrk

zeker_2:   after you download

zeker_2:   did you install

zeker_2:   make sure timer is checked

zeker_2:   it should be righ up there with a %

eminiwannabe:   timer is checked

zeker_2:   hmmm, I guess one for howard

eminiwannabe:   when i check and uncheck nothing changes

zeker_2:   if everything else is showing up , it should too

hark33:   Went red, still no luck.

hark33:   Which timer?

eminiwannabe:   just download and reinstall

hark33:   k, emini

ahoodlum:   checked where emini/zeker?

eminiwannabe:   ok if ound out why

eminiwannabe:   i found

eminiwannabe:   there are two timers to check in list

eminiwannabe:   timer and timer alert

eminiwannabe:   i was checking timer alert without checking timer

ahoodlum:   ahh found it ;)

eminiwannabe:   so what does timer alert do?

zeker_2:   ahhh

zeker_2:   not sure

zeker_2:   maybe it gives an alert at a certain percentage

hark33:   Reinstall got it! Mini thanks,emini!

eminiwannabe:   :)

HangTen_:   where do you select timer?

eminiwannabe:   right click on the bar up top where your prices are

zeker_2:   Optional alerts are available which shows a clock by the Timer value when the intra-day chart is in the final minute, the daily chart is in the final 15 minutes, and the constant tick bar is above 80% complete

eminiwannabe:   then there is timer and timer alert

HangTen_:   got it thx emini

ingos_1:   awfully quiet in here

ranny3:   my suggestion for musical background tonight: wrek.org/wreknet.shtml.........from Atlanta

ranny3:   hi ingos

ingos_1:   hi ranny

Goinglite:   Hey ingos

ingos_1:   music sounds good

ingos_1:   hey goinglite

ranny3:   i found the Mobius Band on internet.........on www.wrek.org

ingos_1:   optical cable cut today between sedona and phoenix, do was down all day

Quartz_111:   isnt Howards email just howard@ensignsoftware.com ?

ingos_1:   no, ensign

ranny3:   thought you were satellite ingos

Quartz_111:   if anyone happens to know ... it gets rejected and sent back with user unknown

ingos_1:   satellite feed for charts

ingos_1:   dial up net

ranny3:   oh

ingos_1:   damn thing

ingos_1:   always down

Goinglite:   Just finished posting the 210 tick charts for today's action

ingos_1:   210 will for sure give lots of action

eminiwannabe:   where going?

Goinglite:   http://www.dacharts.com/~charts/2003-01-08/

Goinglite:   dacharts

Quartz_111:   ahh txs ingos

Goinglite:   2003-01-08

eminiwannabe:   got it

ingos_1:   k quartz

Goinglite:   ok

lionesss:   first time I saw your charts was last nite going and I like them very much

Goinglite:   Thanks lionesss

Goinglite:   I owe it all to Buffy, Jimmer, and Ingos

lionesss:   plan to practice with them in playback this weekend

Goinglite:   ok

lionesss:   btw I agree cci is best on the 2,3,5 min charts

Quartz_111:   gosh it got up to 55 degrees here today ... and this is Minneapolis,,, in the middle of winter

Quartz_111:   very very unusual

Goinglite:   Yep

hark33:   Going lite, found the templae interesting, but no cci, etc?

Goinglite:   template is for tick charts

Goinglite:   so, no need for cci

Goinglite:   unless, you are trading off of a 2,3, or 5 min chart

hark33:   What multiplesdo you use?

ahoodlum:   same here in Chicago quartz...

ahoodlum:   50

Goinglite:   lioness, agreed

Goinglite:   today was typical for this system on the 210 tick, I could only find 1 loser

hark33:   Wow!

lionesss:   I like to take less trades have you tried it on 343 or 377 tick?

ahoodlum:   impressive goinglight...

Goinglite:   1 loser out of 37 trades

Lock_N_Load_1:   goinglite - do you have this written up anywhere? Thanks.

lionesss:   It does seem very clear to me on the 210

Goinglite:   Read Jimmer's stuff

Lock_N_Load_1:   k

Goinglite:   Jimmer has a very fine system that "clearly speaks" me

Goinglite:   to me

HangTen_:   problem is, looks much easier after the fact

Goinglite:   LOL

Goinglite:   well, band touches don't lie

lionesss:   Lock look last 2 days on dacharts going lite's post

Lock_N_Load_1:   ok

eminiwannabe:   but, there are some fake outs trading real time

eminiwannabe:   i see failed mofs all the time

eminiwannabe:   real time

eminiwannabe:   but, having said that, the ones you marked are there

eminiwannabe:   and would have been winners

Goinglite:   ok

lionesss:   I didn't trade it today but I watched it and it different seem very different in real time I put lines where I would short and long and compared them to going's and they "spoke" to me

Lock_N_Load_1:   don't some of the losers disappear when looking back at the end of day?

lionesss:   you can play the mof, diverg combined with bb lines

Goinglite:   I have fake out phobia

lionesss:   I need to brush up on Adx

Goinglite:   so I do MOFs right off of the bands

Goinglite:   stopps a lot of fake outs

Goinglite:   well only on indicators

HangTen_:   the prob i have with my diverg trades is you really don't have diverg until the stoch turns away and forms a peak or trough- must have faith to enter at the bands before stoch turns

Goinglite:   but band touches , don't lie

Goinglite:   and indicator and hook and unhook before the bar prints,

Goinglite:   so you won't see the fakeouts

Goinglite:   but band touches really don't lie

Goinglite:   I need to work on my typing :)

Goinglite:   let me try that again

Goinglite:   indicators can hook and unhook before the bar prints, hiding a lot of fakeouts

Goinglite:   but band touches are pretty clear

Lock_N_Load_1:   that was my point about them disappearing

Goinglite:   LOL

Goinglite:   I know from trading the CCI :)

Goinglite:   you can get a cci hook, trendline break combo, and when the market pulls back, the cci will pullback, hiding the fakeout :)

Goinglite:   But today had 36 outright winners

Goinglite:   that's something to think about :)

Lock_N_Load_1:   on 210

Goinglite:   yep

Goinglite:   Price will always leave it's mark

Goinglite:   Price doesn't lie

Goinglite:   and when price touches a bollenger band, it's clear

Goinglite:   no way to hide that

hark33:   You have many different BBs.

HangTen_:   going - i took an MOF sell at 11:22 today for a loss - you didn't see the entry on your chart until 11:27 - 2pts higher - anything wrong with that trade at 11:22?

cluetrain:   but the bands DO lie in exactly the same way any oscillator hook will

ingos_1:   not if you understand them clue

Goinglite:   30 wma was sloped upward

bill772:   ingos, do you have a trading room on MIRC?

cluetrain:   i understand price moves them

ingos_1:   no trading rooms

RJ -:   clue you need to go to band school

Goinglite:   I do agree that there are failed MOF's

ingos_1:   lol

Goinglite:   But they can be clearly seen

cluetrain:   indeed

cluetrain:   ....and failed "band touches"

bill772:   Ok, who is teaching BBand school?

cluetrain:   yeah...where do i sign up?

ingos_1:   I have been for some time now, lol

RJ -:   ingos has had many classes right here

HangTen_:   10:39 and 10:46 sloped up also and you marked sells there?

cluetrain:   i gotta hang around more

bill772:   me too

bill772:   i miss this roon

RJ -:   I went to the school of hard knocks

bill772:   room

Goinglite:   that's my point, failed BB touches are clearly seen