I was watching ES, trin and tick today. It seemed that when there was a negative tick extreme there would be some buying, but then the buyers got slammed when the tick went positive, say over 250-750. Can anyone suggest any ES trading methods based on tick and trin? Is it different on a day when the trend is down instead of up?
partial quote from trader225: "....an anyone suggest any ES trading methods based on tick and trin? Is it different on a day when the trend is down instead of up?" ________________________________ Indeed there is a good set up recommended by McMillan, the best options teacher, on one of his classics Options Manuals. I do not remember of hand the complete book title. Kindle google it. For YM he has a good one too using the TIKI (on Dow Stocks). I read that over 20 years ago, but even today still works. YM was not traded 20 years ago but did work on the NYSE futures, the S$P and the over all market in general. Best! mF