Making a 100 a day | Traders Hideout - futures trading strategies, market news, trading charts and platforms

Traders Hideout

Discuss day trading practices and futures trading strategies on this forum for all markets. This forum is also for discussing and reviews for brokers, data feeds, and commercial or third party add-ons


Making a 100 a day

  #16 (permalink)

Dayton, Ohio
Trading Experience: Beginner
Platform: TOS
Favorite Futures: GC, CL, Eurodollar
Posts: 34 since Nov 2017
Thanks: 25 given, 9 received

lax99 View Post
...One of the things that you need to focus on as a newbie trader is the way in which the market moves. Crude loves to move in 8 tick rotations, the ES in 5 tick rotations, and the treasuries in 4 tick rotations. This means that, in very short timeframes, you are putting yourself at the mercy of the market's harmonic rotations. ...

@lax99 - can you define what "rotations" means?

I've been trading /CL, so if you wouldn't mind, please explain "rotations" in the context of crude oil.

Thank you.

Reply With Quote