Disliked{quote} Crikey - look at it go. My first foray into Futures and it seems a slightly different world, especially tight spreads? Renko great when trending but have to work out how to avoid whip -( see the above "M" shape areas.) Do you guys prefer Renko to ordinary price action bars? {image}Ignored
I use the 34 ema to sort the trading range from the tradable swings:
I also use yesterday's high and low, last week's high and low, and today's open as pivotal points. The futures market will often use these levels as targets. For example, price will probably trade down to today's open. It might reverse up from there or at least pause/bounce. So I'd take a long signal there, but I'd also look to short if price closes below it as we saw a few minutes ago at yesterday's high.
My objective is to learn the skill of flawless execution of my trading plan
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