160 is my top limit for this move, just above the 76.4%?
ps Wow!! that's it, keeping my mouth shut for the rest of the day
ps Wow!! that's it, keeping my mouth shut for the rest of the day
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Disliked160 is my top limit for this move, just above the 76.4%? ps Wow!! that's it, keeping my mouth shut for the rest of the dayIgnored
Disliked{quote} why is the target point of +30 the optimal number??? Thanks Col.Ignored
Disliked{quote} thats just my setup. risk reward and probability is optimal for me. many traders want to make as much as possible within one singel trade - but not me. to each his ownIgnored
Disliked{quote} Thought so, many thanks.I think the key to daytrading like that is do NOT overtrade- allo w maximum of say 3 trades per day?? as they all add up over the week?? Col.Ignored
Disliked{quote} That was the most impressive XO for a long while, it looked touch and go during pre-trade hour.Ignored
DislikedDoes anyone use a following MA to keep then in strong moves like this morning rather than set an arbitrary points number? They can be very useful with an index like the Dax with these short explosive moves we get, especially at the open. You need to put one on a short time frame like the 1 min. I use a Hull 30 unit, which is quite tight , so you could slacken it to say a 40, but you can play around with them and back test to see what suits you best on any particular time frame. I am biased towards MAs though, as I use them all the time. I have a...Ignored