Trading Fibonacci Time Zones and Support and Resistance? 20 replies
Trading with Praised Prominent Zones (PPZ) 28 replies
Trading Fib Zones 94 replies
Trading with REAL support and resistance (Big volume zones) 10 replies
Trading highly probable fib zones method 2 replies
DislikedIs there a reason why not all the swing points are marked on that chart?Ignored
DislikedHi all, regarding scaling in / out positions, I just read an article related to it. It also talks about things other than that particular subject, but those other pieces of information are also insightful (e.g. dealer and diversification).
Here is the link for those who are interested:
http://www.sfomag.com/article.aspx?ID=598&issueID=35
Hope I am not off-topic as I see now the subject seems to be changed to swing analysis.Ignored
Dislikedmathematician, I hope you don't mind me borrowing your chart, I just thought I would outline what I see from the same period.Ignored
DislikedChart1
I like looking for good strategic locations that seem logical decision points for many traders (support/resistance). I am then trying to read what is happening at those locations by the price action that is unfolding...Ignored
DislikedChart2
...Or I should say, I am very interested in where the micro pivots are placed within the context of the bar highs and lows surrounding them...Ignored
DislikedHi all, regarding scaling in / out positions, I just read an article related to it. It also talks about things other than that particular subject, but those other pieces of information are also insightful (e.g. dealer and diversification).
Here is the link for those who are interested:
http://www.sfomag.com/article.aspx?ID=598&issueID=35
Hope I am not off-topic as I see now the subject seems to be changed to swing analysis.Ignored
DislikedHere's another way to set it up with Zig Zag and Swing indicators.
It should be pointed out, for those who haven't used these indicators, that swings can only be connected after they develop. So, in order to use this method real-time the swings must, to some degree, be anticipated. Which can be done as the market unfolds.
From the Ninja Trader Forum:
http://www.ninjatrader-support2.com/...9&postcount=58Ignored
DislikedLooks like a very bullish confluence of signals! How did you get volume data? Is it just the volume for your broker/dealer?Ignored
DislikedSince we're thowing out various ideas, considering what are normally best times to trade will most likely be useful.
Here's some stuff:
http://kreslik.com/forums/printview.php?t=1093&start=0Ignored
DislikedIt's tick data, so while not as 100% accurate as true volume it is a decent substitute. ATR with a 1-day period (I see someone using it) is also something like 80% correlated to volume so can be used in its absence.Ignored
DislikedExcellent data! From the number of quotes graph, it's pretty clear that the London morning and New York morning are the most active times. The ATR does not seem to agree with these times. Is this ATR graph just for one day or is it an average of ATRs from many days of data?Ignored
DislikedThe times pretty much jive. For the most part from about an hour before London thru the first couple hours of the session. Then, same thing for NY.
The Kreslik data charts are EST and my ATR is Pacific time zone. The ATR that I put up was just one day-in-the-life that I cherry-picked but, it's fairly typical. As you have previously noted there are lots of other opportunities, for example during Asia, that occur. Just not with the regular frequency of the typically higher volume periods.Ignored