Jul 19, 2007

CNI - Long

Sorry for the late post... did a bunch of things yesterday afternoon. Don't have time to post a chart, but I was stopped out of CNI initially (10:55, 5-min), then re-entered on the 12:05 candle (5-min) and made back my losses.
 
EDIT: Eh... I put up the chart anyway.
 

Jul 17, 2007

Your mission

This is the latest email from someone (not Jerry) at QT:
 
"There is no code implementation for it. Really first request we ever got for this. Will see (but certainly not in the near future)."
 
So... this is my call to arms. I don't ask for favors very often, but if you are a regular reader of this site and like what I provide... I urge you to send an email to Quotetracker asking them to add automatic intraday fibonacci lines as an option. They can figure out whether to do it intraday or from yesterday's close.
 
What to do?
Send an email to Quotetracker
 
What to ask for?
Ask them if they can add automatic intraday fibonacci lines
 
What not to say?
Do not mention you are doing this because I asked you to.
 
What's the email address?
support@quotetracker.com
 
Who should participate?
You and possibly 3 of your friends (we need to make an impact)
 
They way I see it, we can have possibly 1,000 emails sent to them. We will be heard at the very least and they can't say it's the first they've heard of it anymore. This can be fun... especially if we can get it done. Talk about power of the people.
 
Thanks, in advance, for your help.

ROH - Long, KG - Short

I went both long and short today and, as I've mentioned before, I really like when I do this and remain profitable in both trades. I'm trying to take as many good trades as possible as I'll be off on Friday, not only because of OPEX, but we're heading back to Paris on Saturday and I need to buy some cheap American goods!!!
Okay, on to the trades:

ROH - Long, 10-min

  • Placed fibs. from first bar low to high
  • First bar left a long upper tail, but still closed up. Bars 2-5 consolidated at the 61.8 level (starting to look bearish)
  • Entered on a break of the bar 6 high after it closed strong above the 38% fib level
  • My initial price target was the OR high because of all that room in the 1st bar's upper tail
  • Exited off the low of the 12:30 candle on the 15-min chart (hanging man)

ROH Entry, 10-min

ROH Exit, 15-min

KG - Short, 5-min
  • Place fibs from first bar low to third bar high
  • After the 3rd bar, price dropped below the 61.8% level and I looked for a short entry
  • Entered short on a break of the 10:45 candle low
  • After 1:30 price was consolidating again, but I needed to head out
  • Exited on a break of the 2pm candle high on the 5-min chart


Day 2 - Auto Fib. Lines

Still no word from QT about whether they'll even consider adding automatic fib. lines as a feature. The last email I received asked where I wanted the fib. lines. So, it seemed like they were 'looking' into it, I suppose.
 
Of course, my email could've been quickly moved to the 'things to do later' folder.
 
Again... if there are any programmers out there who know how to do this in QT, whether through a script or something (I have no idea what I'm talking about, but I did sleep at a Holiday Inn Express last night), please let me know.

Jul 16, 2007

IMMR - Short

IMMR is a great example of a stock that goes against the day's trend. I actually had a lunch meeting and needed to cut the trade short, but it at least got to the OR low. Here's the trade:

  • Placed fibs. from first bar high to low
  • Price made a quick jump up past the 61.8 level but didn't stay there for long
  • After falling down, price consolidated at the 38% level and I waited for a nice down bar with volume
  • Entered on break on the 11:30 bar low (with nice volume)
  • Sold at the ORL as I needed to head out for a lunch meeting
  • IMMR looked good on the 10 and 15-min timeframe as well
  • Around 3R for an hour's worth of work... then played virtual tennis for 2 hours

Automatic Fib. Lines

Just got an email back from Jerry Medved from Quotetracker that read as follows:
 
"No, the lines have to be added manually."
 
Now, he sounds like a good enough guy to give him the option of hearing me out. So I replied back to him mentioning how much of a great option this would be and how my readers would really enjoy this (cha-ching). I also mentioned how the competition (esignal) also offers this.
 
Let's see how he responds. I don't want to unleash the power of the OONR7 Nation just yet.

Jul 15, 2007

Wanted

Does anyone know of a way to automatically draw in intraday fib. lines in Quotetraker? For example, have fib. lines added to the first bar high to low.
I know it's not a feature currently available in Quotetracker but I wonder if there's a program that can do it. Or maybe there's some programmer out there that's willing to take on the task????