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Decisionbar ( trading system

  #16 (permalink)

Udon Thani Thailand
Trading Experience: Advanced
Platform: Ninja trader
Broker/Data: Zen Fire
Favorite Futures: CL FDAX 6E 6B 6A 6N TF GC SI
Posts: 10 since Jun 2010
Thanks: 0 given, 49 received

Breakout trading

I no longer have Decision bar or any of the free dynamic suppport & resistance indicators that can be found
on big mikes on my charts. Entering orders on breakouts usually means lots of slippage & bad fills.
I used to wait for a pull back after the initial breakout to enter a trade.
Now I get in at the bottom or top of a move with the add of divergence & only shoot for small initial targets ,
targeting previous swings & or first fib.

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