That was essentially the reason for my breakout trade question a few days ago. Very often one does not get a retracement or one would be able to...
The thing is that also from Fortydraws posts I got the impression that specially immediately after the open the breakout trade of a range...
But even if price just cuts through them as if they were not even there - because there is no interest anymore, or the other side is stronger -...
You are right, I'm sorry...should have read more carefully. As the "correct" drawing of zones of congestion is pretty vital, this thread is...
DB, the range you've drawn is pretty tight. I would have drawn the lower limit at 30. Is there a specific reason that you did not?
Wow, thanks a lot for this whole post 40D... That is absolutely something that seems to be able to release the handbrake. But as you mentioned...
With ETFs etc. there is of course a good variety of instruments one could trade longer term with the necessary volatility and risk control. But...
That is absolutely true. But you mean that more in terms of observation and not execution? In terms of the latter I would still prefer the 1m....
Well I do. Due to other jobs I can not do it every day. But if I'm there I watch it real time. I should add that I should less sim trade it and...
Actually as I'm still testing all this I use 5/15 and the 60m. As I'm doing all this also for the european morning the overnight/asian session...
Yes, thanks. Actually I know them already... Might make more sense now... Sometimes it takes a decade or so...
If someone - and there are obviously a few - is searching for "the secret/missing ingredient" to "complete" this approach they should look at the...
Thanks DB, in terms of the narrow ranges I meant it more in terms of a bounce from the outside not a trade from the inside. The reason for my...
DB, in terms of the ranges, a hypothesis would be: The narrower the range, the more trades and the more agreement or "equilibrium" have been...
Setup in terms of AMT? For me the determination would be more about the location where a "setup" (reversal, retracement more in terms of SLA)...
Thanks for emphazising this again. This is something I'm investigating at the moment. In terms of the opening range, which timespan do you take...
We still have the midline on the weekly at 40 and a potential daily level at 44... Trading the extremes with the trend..that is my private task...
You mean that in terms of the 72 trade - which formed at the midpoint of the range (around tuesdays low), which formed wednesday evening? Or do...
To make this journal another off topic post longer, I just want to add that for everyone who has read a big part of all the thousands of posts DB...
Ok, I will do, thanks. Actually I found those posts a few days ago and one of your suggestions were kind of hitting me: You mentioned that he...
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