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The Electronic Local method

  #47 (permalink)

Paris, France
Trading Experience: Advanced
Platform: Market Delta & Ninjatrader
Favorite Futures: ES
cunparis's Avatar
Posts: 2,565 since Jun 2009
Thanks: 1,157 given, 2,067 received

Braulio View Post
I'm trying not only that setup in particular but order flow in general with just one chart.
As you might know I also learned a lot from you, I quoted some of your posts on your Market Cycles For Fun & Profit thread.

But I feel more comfortable trading one chart, one timeframe, range bars. I also use Market Profile and the volume ladder when I want to look inside the candle.

Here are my trades made yesterday, 11/06/2010:

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Whenever I see someone post a "setup" I like to investigate it. See if I can find value in it or if the person just cherry picked a great example. I used to do this a lot but as I got settled in to my methods I lost interest in doing it. I'm just curious if anyone has tried it.

His blog was always weird to me because it was supposed to be about teaching kiki to trade but I didn't find anything useful in the key posts I read that would teach someone anything. But that's just me, maybe others find value in it.

You raise a good point with one chart & one timeframe. I'm currently investigating this myself. Well I need two charts so I can use a volume ladder. The problem with multiple timeframes is there is usually a timeframe that is not in agreement with the others and that makes me second guess myself. Say 2/3 are bearish but the one in between those is bullish. Confusing. However when all timeframes line up it can make a really trade setup. In my charts I have that right now with the daily, 135min, & 15min all signaling bearish cycles. However the 45min is bullish!

So I'm experimenting by trading Eurostoxx & Euro with one tick chart. Wait, my POT indicator has its own chart too cause it needs a fast chart. But that doesn't count because it's time-frame independent (gives same signals on any timeframe).

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