Chop

Discussion in 'Index Futures' started by m.kay, Mar 9, 2010.

  1. m.kay

    m.kay

    Hi all

    I would like to ask more experienced trades of their way to recognize a chop. I am new to trading and get a lot of false signals. I sort of can tell by now when the market is choppy but would love some other advice. I trade TF, 1 min timeframe. Thank you

    m.kay
     
  2. Handle123

    Handle123

    Find the last high and low pivots of past several bars, if price stays within these confines, market is in chop.

    You can also use a 9 EMA and if EMA is cutting thru middle of the bars, that is chop.