Disliked{quote} Agreed, but what is needed? That depends on noise vs information in the market. One way of exploring that is by either range bars or the Zig-Zag indicator. For DAX, most of the time a 10 point stop is sufficient (I've tried tighter for a long time, and, while possible, it's too much work.) So put an 8 point ZZ on a 10 sec chart (see below), to verify this. Then look for a time resolution where the ATR is around or slightly less than 8 points. Below you can find 1 min and 30 sec. As evident, 30 sec would be the time frame which would give...Ignored
As always M, a thought provoking post....I'll do further research next weekend - need to stay focused on banking greenies during the week
Dow showed its hand by staying above the 16,500 level even during the 10am sell off in Dax....let's hope that the US Session brings more nice swings......TWT
Trading Levels with WRBs