Here is simple price action.
In an uptrend, price makes higher highs and higher lows.
In a downtrend, price makes lower highs and lower lows....
I have my own trading plan. I use:
- Candle signals
- (trying to see if I can incorporate $TICK)
nice colorful java app..lol
unfortunaly i only took beginner italian and i dont know half of what they're saying.
Here are some simple examples of divergence:
Price makes a higher high but $TICK makes a lower high. This is a bearish regular divergence.
And you know that "something" to $TICK that the guru didn't?
I am using a 5-min $TICK chart under a 5-min ES chart. Works alright. I'd say about 68% good signals.
Really cool piece of software. Thanks for the link.
The floor noise?
From TrendFund site:
ES +2.25 to +10.25 depending on the exit you took on each play.
NQ +7 to +12 depending on exit on each...
Does anyone here trade with $TICK divergence?
I have been papertrading it for a week or so with good results.
For those who do, are there any...
What did you exactly find "powerful" about it?
When I used it, I found it to be just another charting program. None of those special proprietary...
thanks, that looks interesting.
Excuse my ignorance, but which indicator is it exactly that you use to measure volatility?
Larry uses the term "volatility" but he's actually...
Just reading thru "Day trade futures online" by Larry Williams and he mentions "volatility breakouts" and "range trading."
From his writing, I...
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