Anyone have good ones cant seem to find any under trading systems folder.
Thanks.
Ignored
You want to look at volatility, look at the ADX indicator to get a hint at when movement may occur, then you can place a grid to try to capitalize. Ofcourse if range continues the chop may kill your account.
|
Joined Jun 2011
|
Status: Keep It Simply Stupid
|356 Posts
To the doubters I was listening to a terrible trader for years who turned into a success after she came to the conclusion that the markets go up and down and its down to getting the right zones and not having a bias certainly for the shorter term. I can see the logic in it. You will never know your in a trend or counter trend move until the swing is over.
To the doubters I was listening to a terrible trader for years who turned into a success after she came to the conclusion that the markets go up and down and its down to getting the right zones and not having a bias certainly for the shorter term. I can see the logic in it. You will never know your in a trend or counter trend move until the swing is over.
Ignored
Yes, There is!
Futures hated Forex can do the non-directional trading with less margin problem.
That is the main reason why FIFO and No Hedging Rule (Nedging) were implemented, IMO.
To the doubters I was listening to a terrible trader for years who turned into a success after she came to the conclusion that the markets go up and down and its down to getting the right zones and not having a bias certainly for the shorter term. I can see the logic in it. You will never know your in a trend or counter trend move until the swing is over.
Ignored
Trade without bias, just follow where the market is going. Forget all the indicators, waves, patterns, etc. Trading on straight price action continues for me. I am a big advocate for the KISS method.
SPread trading arbitrage for example if you find to assets highly correlated and are range bound mostly allwel rangebound inst always necasry then you basically short the outperformer and long the underperformer when the there is a spread there many markets to do this is in this just short eplanation if you wanna know more google is your friend just pointing you in a direction let me give you a good market to do this is bonds us bonds for example 2 years 5 years 10 30 years now to make the strategy you need to do yourself this was 1 on aud and nzd but it blew up so he took it off when it started to get wacked you need stabile eniroment .. So not worked anymore alwell it might do now with low volatilty in this pairs and range bound so maybe you could look there first. not mine by the way from a friend the curve
If you're able to consistently determine whether the market is likely to trend or trade sideways next day intraday then you've obviously found the Holy Grail. It's a challenge for sure.
This is something I've been experimenting with using various indicators and, some indicators work better than others in identifying the likelihood of next day sideways action for example. This is the ideal market condition for non-directional trading strategies as you mentioned.
I'll soon create a thread for experimenting with different indicators for identifying intraday directional bias.
hi everyone!!!
yeah, this pretty much important to have your daily bias sometimes straight price action could be miss leading, I personally prefer to select one timeframe preferably for me is 30 mints for you it could be 1h 4h I use Ema's then according to price action I execute trades, Ema's I use are 200 & 100 & 50
ema 200 is the strongest support
ema 100 & 50 if price tested ema and makes support that's your entry enter their and hold it as long as you are satisfied with results for sure it above 1:3 above but you have to have a lot of patience
for patience how to develop it I have a perfect suggestion use broker for entries and for looking chart you can never go wrong with tradingveiw and have a positive mind that you will kill the market if you think you'll lose money you will lose it. trading is not about learning Ta's and fa's its more of psychological journey.
well, I'm new here it my first day I still consider myself as a newbie here and in trading as well though I have been in the markets around a year and a half. I am open for conversations and healthy opinions it better to grow with a community rather than be alone
Thank you
