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Alastair

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Posts posted by Alastair

  4. Posted

    8 hours ago, Silviu said:

    @NikkiB actually trying to watch several stocks at the same time especially for ORB is one of the main things that affects me, too. I didn't think that using just one stock would give me profit. May I ask how much do you make per day on average (in terms of R)? Also, when you say one stock per day, do you mean it is always AAPL (or at least APPL for a long time), or it can be a different one every day?

    Have u watched Ed (AJT) in the SMALL ACCT room trade 5M ORBs ?  He only trades these in the mornings and is successful at it.  Stock selection is very very important, need a catalyst for the ORBs.  Check out his rules and style.  He never trades AAPL as an ORB.

  7. Posted

    6 minutes ago, StephenMeowkmus said:

    Yes, I can still count on this issue to occur at the worst possible moment. In fact, all I can do right now is not trade after hours (w/ CMEG). It's just way too risky. 

    I've been in touch with DAS--including the highest levels of the C-suite. They've told me, essentially, that until CMEG asks them for help, there's nothing they can do. 

    * Something else happened while live trading this morning that's just as if not more concerning than the TIF bug. Working up the energy to write about it. 

    I seriously think u should look at ur script or ur execution...........................it may not be written correctly.

    If DAS has a critical bug Karen / Tom will get it fixed, but u need to show that u have found a bug, send the log files.   Enhancements and other modifications is another issue and is scheduled based on resources.

    DAS owns the software not CMEG and has the experts  to fix.   

    Suggest u speak directly to DAS and provide log files and screen grabs.

     

     

  8. Posted

    On 11/2/2021 at 3:29 PM, zulkafil said:

    I am regularly following your post about the DAS/TIF issue and CMEG.  I talked to TDA and IB several times. After reading your recent post about CMEG customer support, I can only say "How they can do this to a customer?" Stephen, my suggestion is if possible, please switch your broker in the future.

    I am currently following up with CMEG on this issue.   U should know that the DAS app backend  is controlled and managed by DAS.

    So I would direct ur  hard core technical issue to DAS Support hotline/web based live chat support.

    @StephenMeowkmus  Has this issue reappeared in your trading ?

    It should work based on the manual screen grab and may be a one off issue. I don't think CMEG tech team can handle this issue.

  9. Posted

    22 hours ago, Silviu said:

    Any advice on how to improve would be greatly appreciated.

    In my opinion only.........ORBs are great if u couple it with learning to READ THE TAPE.  Especially ORBs taken before 5 minutes when volume may be sketchy ( in the first minute and limited with only 1 min candles).

    Tape reading will allow u to understand the initiation of Bullish/Bearish pressure before it becomes obvious.  With a little understanding and a few weeks of practice u can add this skill to ur arsenal to tackle the markets.

    See here to explore more about reading the tape (L2 and T&S):

    https://forums.bearbulltraders.com/topic/1916-bookmap-for-learning-level-2-and-ts/?tab=comments#comment-14463

     

    • Like 2

  13. Posted

    On 3/1/2021 at 2:56 PM, Brian Pez said:

    You can watch them and set alerts but orders need to be entered as limit orders after regular trading hours.

    Manage your risk with research and share size.

    @Brian Pez I was thinking abt this.......So I would set a LIMIT order in the opposite direction of my ENTRY to act as my STOP, similar to my TAKE PROFIT, same share size.   Then I can sleep at night ? LOL.

    Reduce quantity/size since after hours are thin ensuring I get fully filled amount.

  16. Posted

    3 hours ago, CharlesinCharge said:

    where did you make that script for horiztonal line?  because it also changes the price marker which i like.  But the website that Kyle has posted doesn't change the price marker like yours does.

    Both Kyle and I have observed strange DAS coding methods.  We tinker using our past coding experience.  Kyle is much better, as I am 25+ yrs removed from active coding.

    Also I am OCD.....LOL....so the flag not being the right color as the line was a true nuisance...........ha...ha.

    Enjoy.

  18. Posted

    38 minutes ago, CharlesinCharge said:

    @evan Thanks for the update on these price alerts.  I too wanted a quick and easy way to throw them on the chart and not waste too much time.  Especially if i had multiple stocks I wanted to come back to later in the day.  These hotkeys worked pretty easily.  I noticed this thread was from a year and half ago.  Just wondering if you made any other adjustments to the price alerts?   I still can't physically see them on the chart, which I wish I could.  But I can still see them shown in the alert & trigger window.    Thanks again.

     U could try adding a horizontal line automatically to the location u clicked.

    I saw this somewhere, did not use it myself but script/code would look like this:

    AlertName=Above/Greater;AlertType=LastPrice;AlertOperator=>=;PopupWindow=Yes;Speak=Yes;AutoDelete=Yes;AddAlert;         ConfigTrendLine horzline dotline:8f3e24:1:ffffff:8f3e24 ;HorizontalLine ;

     

    U can change the configuration of the horizontal line  to ur own preference.  Example of how to get the colors to ur preference can be found with Kyles Tool here:

    WEB UTILITY: DAS Hotkey Line Style Configuration tool. - DAS Trader Pro Tips and Tricks - Bear Bull Traders Forums

    • Like 1

  19. Posted · Edited by Alastair

    A text file in the CHAT ROOM is located under the folder option/icon, top right side of the screen.  Click the icon u will see a list of files.

     

    I have attached samples for ur convenience.  Suggest you visit/download from that link.  He has made recent updates so it may not be exact/latest code but it should work.

     

    Thors_DAS_HotButtons_DAS-SIM-CMEG-TD-onlyV2.txtThors_DAS_HotButtons_IBCO-onlyV2.txt

    screenshot-12_17_34 PM.png

    • Like 1

  20. Posted

    @Luxen U are getting very specific....u are really thinking and observing. I like details too.  Seems like u could be a great scalper in the making. Responding to ur questions below:

    1.  U on the right track here.  Uptick if the order is filled above last/previous price only.  If the price did not move the order was aggressive but not aggressive enough (small quantity).  This a potential signal if ur at support/resistance.

    2.  See ALL my comments here...........https://forums.bearbulltraders.com/topic/3101-level-2-tape-reading/?tab=comments#comment-22588

    3. L2 is the future will potentially happen next in another nano second maybe.  L1 is what just completed.

    hope that helps......

  21. Posted · Edited by Alastair

    Comments from BBT Discord Channel which I think are relevant to this thread....see below:

    SubZero — 09/30/2021
    Thanks @Alastair! Will read through these posts.
    BTW: I heavily use bookmap for orderflow and micro-trends (because i scalp quite a bit) and i cant seem to correlate the "inside" orders in DAS with what i see in bookmap

     

    Alastair — 09/30/2021
    Great, so u will be familiar with the concept of the AGGRESSIVE and PASSIVE orders from boookmap training.  So my logical reasoning, "Inside"  orders are LIMIT orders placed on the fly  using A.I. or script (BID + ASK / 2 rounded to 4 decimal places sometimes) so the trader hides his intention  and/or simply the institution is trying to get the best price as 2 cents makes a huge diff when  u are moving millions of shares.  They would not be seen in bookmap, as PASSIVE, they were placed and then absorbed/filled immediately by MM (too fast for ur eyes to see, but will be on T&S as WHITE).

    Not sure how Bookmap represents/accumulates them after execution i.e. red/green balls.  I know DAS will look for the previous  AGGRESSIVE order and accumulate the number of shares of the passive order as that type of last aggressive order i.e. red or green.

  23. Posted · Edited by Alastair

    Using my opinion and observations  I will reply with the following answers:

    1a.  If L2 is bullish, T&S is bullish, Candle Sticks (i.e. 5min and/or 1 min) are bullish and volume on  5min/1 min is increasing over previous and you are at support (i.e. Thor's WHERE) look to pull trigger for longs.  U also should have plan for your target and partials. Stops behind the level or being aggressive a few cents behind the price level u observed the large order/transaction.

     

    1b. Interpreting a bullish T&S: Aggressive bullish transactions are green (the default colors) orders, BUT has the price MOVED UP from the previous price level on the LARGE T&S tape display ?  If YES then bulls at that point in time (and for the next 5 seconds) are winning and it may continue.   This could be the start of the move or just a glitch in the MATRIX.....LOL.  U have to have the probability on your side, hence reason or need for selecting or observing the best WHERE (levels), Order Size on T&S, Candles etc. and using a STOP.

    Extrapolate the Aggressive Bullish T&S scenario above, to the Aggressive Bearish scenario and a Neutral scenario on the T&S.  ...... Did the PRICE move in the direction of your bias after the aggressive order on the large T&S ?  This is the signal u need to observer on T&S.

     

    2. Passive orders can get filled in between BID/ASK.  You can drop a passive order at any price as a limit order.  Passive orders do not move the price of the market, generally.  They could be called neutral.  Very large players can get permission to enter with PASSIVE limit/orders.  As an ex-banker during FOREX auctions for foreign currency, only staff and very large corporate customers of the bank had the privilege of using the mid-rate, i.e. in between the BID/ASK. I assume it is the same here,  as all banking processes are the same, they are just applied to different systems or flows of money in a capitalistic economy. 

     

    Pension Funds are some of the largest institutional players and target certain stocks. So for APPL and TLSA I would assume that the PENSION funds, MM, super large players BUFFET, BEZOS transactions are done, sometimes in blocks (i.e. by Dark Pool exchanges), in between the bid/ask so they have minimum effect on market price, or after market close in the reconciliation, showing up in the candle chart at 8:00am.

     

    When trading APPL and TLSA a independent/retail trader will then have to watch the white transactions and observe if the price moved up or down with/after large orders on T&S.  I personally and other SMB traders generally just watch the digits to the right of the decimal point for any changes on the large tape.   Tickers with extremely high institutional owners also have these characteristics.

     

    @Milos RandelovicHope the above helped.  Prefer to voice chat to explain these concepts.

     

    • Like 1

  24. Posted · Edited by Alastair

    For me yes.....more info here....https://forums.bearbulltraders.com/topic/1916-bookmap-for-learning-level-2-and-ts/?tab=comments#comment-14463

     

    Note:  I said for me .....  Aiman has stated many times he does not use L2 or T&S.

    I enjoy finding confluences to confirm my thesis.......T&S gives ENTRY......while L2 gives TARGETS.   They are just additional indicators.

    New traders need to learn how to read/interpret the indicators they use. Unfortunately many senior traders do not teach some of the critical components of the indicators leading to long painful learning curves.

     

  25. Posted

    9 minutes ago, Pedro Pereira said:

    Good evening (night here - 11:00 pm),

    Hope your today´s meeting was productive.

    I think @Alastair has some good topics to discuss.

    Since i trade during my regular job, i will be limited using voice in Zoom, maybe texting, if it´s possible with Zoom, or in Discord (we could create a server for the group).

    Hey @Pedro Pereira  we had a good chat. A discord server was setup by @Erwann .  He can send u a direct message with the link and we can update u in discord.

    @Earl Damron below is the Tape Reading (Level 2 and T&S) link I mentioned.  Some of the vids are real helpful, I think, take a look.  Combine the  L2 pools of liquidity - targets, and T&S big transactions - entry points, (from Thor)  u should be able to dev an tape reading edge.  https://forums.bearbulltraders.com/topic/1916-bookmap-for-learning-level-2-and-ts/?tab=comments#comment-14463.  Any questions ..... jus drop a note.

     

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