I had definitely forgotten how much more precise my 1m P/V analysis charts were at timing exits... With my cyclic trading I never counter-trend...
Then in choppy markets/slow uptrends you get easy P-V S-R short scalps... And places to take profits in trend.
In a market with high cyclic volatility and trending price/vol behaves different... You get these massive volume surges into support... Easier...
After further analysis I have decided not to go outside my old range of 5m and less charts for P/V analysis. Now I remember why I only used it...
I only use price/volume analysis once in a blue moon. It just doesn't give enough trade setups IMO. Also, it seems more like a counter-trenders...
Short summery... Weakness into next week, but were starting to finally set up for a weekly rally into June. Ill be buying hand over fist on...
LoL... The A Team is only at their desks during EU volatility and earnings seasons... Otherwise they are partying in the hamptons.
Figured it was the 11:30AM close... Damn, time to sleep in... Need to get my DAX charts working sometime... Thanks!
Is it normal hours Monday? Or does the CME close at 11:30AM? I know it will trade low volume and slow like overnight.
Yes, it's important to never disclose your positions in the market in daytrading because that will create emotion and that is something you don't...
You better pray for the bears... Your system won't work in a sideways/bull market. I don't even need to see it to know that...
I have decided to drop down to Globex + Intraday pivots. Globex and Intraday weeklies/monthlies create 5 point + reactions generally and can turn...
A lot of people on here are not using the correct pivots, so I thought id let you all have my script. If your pivots match mine you have the right...
Having great technicals is good, but the most important thing IMO is to develop some good market common sense which only comes with experience......
There was a small bug in the real-time calculation of the candles. If you downloaded it before re-download it. Sorry, was just checking back...
Yes... I am giving away a free candles indicator because I am pretty sure most people in here have no idea how to read candles... Price the BEST...
The domain RangeTrader.com was taken and I wanted to start a blog... So I decided to switch to simpleRT. It's short for "Simple Range Trader",...
Don't you hate a reversal without a proper highs retest? I hate chasing, but it's the only way to get in on the trade sometimes... Most range...
I'm writing your name down so I can come back and rub it in when we are a few hundred points lower in a couple months... LoL! :D
Actually, nope... The first half of a day there can be huge volume buying at say 1300 to 1310... Then the market drifts downward to 1300 later in...
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