do not trade index futres.

Discussion in 'Trading' started by padutrader, Jan 7, 2024.

  1. Buy dips; sell rips.

    What could be easier? :)
     
    #51     Jan 9, 2024
    schizo likes this.
  2. schizo

    schizo

    If there are "supertrends", then there are microtrends. It all depends on your perspective.
     
    #52     Jan 9, 2024
    Laissez Faire likes this.
  3. mervyn

    mervyn

    no it is random color, just clicked 6.75 points on nq with 5 lot in the blink of the eye, no thoughts, just because the bar was red.
     
    #53     Jan 9, 2024
  4. mervyn

    mervyn

    for cl, yes, buy the dip yesterday and out by open this morning.
     
    #54     Jan 9, 2024
  5. SunTrader

    SunTrader

    The right ones, yes. ;)

    ! Nah indicators.png
     
    #55     Jan 9, 2024
  6. schizo

    schizo

    If you got in short at 4797-ish using your indicator (where you circled on the chart), I got in at 4803 without using any indicator. What say you to that?

     
    #56     Jan 9, 2024
    Picaso likes this.
  7. SunTrader

    SunTrader

    I didn't get in short, at all today. Long and strong with the trend.

    Just illustration for the indi rockthrowers. Not naming names cough, cough. :)
     
    #57     Jan 9, 2024
  8. ironchef

    ironchef

    #58     Jan 9, 2024
  9. Something to look at if you want. I use this on my local market but looks good on you main index too. Use range bars on the index that the futures cover and use the futures to trade it. Have attached a grab of spx.

    Capture.PNG
     
    #59     Jan 9, 2024
    ironchef likes this.
  10. SunTrader

    SunTrader

    Market internals are key. That is cumulative $TICK, the heartbeat of the indexes. Good even for stonks.
     
    #60     Jan 9, 2024