little bit after 10am .. the market failed to take out the 'tick high' .. And kept adhering to the downward regression with support breaks. the...
take a look at one of the filters I use.[ATTACH]
prior to the open the tick high and low are known, it creates S/R levels. After the open it failed to break through resistance after reversion...
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if you can decipher the trend in the timeframe being traded, that's 90% of the solution. The other 10% is holding on as long as possible. (let...
thats correct, the longer the timeframe the less noise. The shorter the timeframe more noise, unless its a news event spiking vol. Sometimes...
everyone has a chance, its whether you listen to what the price action is telling you. Its about formulating the future and determining whether...
I don't watch the screens much anymore. There is a lot more noise day to day (AI/HFT/algos). Human nature plays much less of a role in daily...
markets and themes that play a said role in those markets change. A strategy can work if applied in numerous instruments instead of just one. All...
- how the derivative closed in prior session - how the derivative is opening in international markets - how the derivative is correlating with...
opening range trade creates a setup for the initial range of the derivative. And what the price action is doing relative to the open. Obviously if...
Good to get an idea of correlations in the macro landscape.
Yen is determining where the US equity market is headed. The sharp rally in Yen, led to the drawdown in ES. Oil is in a long term down trend, as...
macro themes are important also, to put the pattern recognition into context. You need to follow multiple markets.
algo changed the fine tick tick intimations. Lot more noise in the tick movements, so you have to look at pattern recognition in larger...
me too, automated tools are easier to deploy when needed.
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