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Question about lateral markets (futures)


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Question about lateral markets (futures)

  #1 (permalink)
 Blaster666 
Buenos Aires Argentina
 
Experience: None
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Hello

What can I do in a lateral market?

I am talking about 1 min and 5 min timeframes

For instance, EMA's crossover would be useless to earn some ticks

My intention is to earn 10/15 ticks per entry ... with 6 ticks of stoploss ...

Thx

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  #3 (permalink)
 Blaster666 
Buenos Aires Argentina
 
Experience: None
Platform: TWS
Trading: Micro ES
Posts: 48 since Mar 2018
Thanks Given: 32
Thanks Received: 30


Maybe other type of chart aside 1 min / 5 min would be useful to earn 10 or 15 ticks ...

Maybe tick charts .. or volume charts ...

But I don't know ...

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 cory 
virginia
 
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Blaster666 View Post
Hello

What can I do in a lateral market?

...

Thx

buy top, sell bottom of course.

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 Leon of Pizza 
St. Louis
 
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Blaster666 View Post
What can I do in a lateral market? ...EMA's crossover would be useless...

Like Cory said. When it gets flat, notice that the EMA serves as an approx mean price. The entries/exits are at prices measured off the EMA. Enter at the edges, take 1/2 off at the EMA and if it crosses, close at the symmetrical distance on the other side. There are tools for this called envelopes. I don't back test, so I can't say how to set that up. I would keep a detailed log going forward. That keeps you current. Log every set up that meets the plan's criteria, whether you take it not. MAE, MFE, W/L, expectancy. Logging every occurrence of my setups - helps me with my read, more than anything else.

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Last Updated on August 30, 2018


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