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Trading with a naked chart! Does it work?


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Trading with a naked chart! Does it work?

  #21 (permalink)
 
ZCars's Avatar
 ZCars 
Birmingham/UK
 
Experience: Advanced
Platform: Tradestation/Prorealtime
Broker: Tradestation/Interactive Brokers
Trading: Mini and micro US Indexes/ DAX/ FX/VIX/GOLD
Posts: 180 since Apr 2010
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Thanks Received: 164


CrudeDude View Post
I use DOM nothing else


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Scalping for ticks? Working?

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  #22 (permalink)
mpxtreme
New York
 
Posts: 52 since Dec 2013
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...charts in the morning only for referencing and labeling recent levels on a Dom and Heatmap...then charts hidden.

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  #23 (permalink)
twomanytimeframes
columbus, ohio
 
Posts: 6 since Feb 2020
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of course it can work. Just like trading with indicators can work. A lot of time in the saddle so to speak and some cost for tuition, in the best teacher ever... the market.

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  #24 (permalink)
Orderbook
Bangkok Thailand
 
Posts: 19 since Jan 2019
Thanks Given: 3
Thanks Received: 32

Indicators are very often a huge waste of time, so much so that one would think that they are only there to distract us from what is essential.
I have two ways of working (not finalized); the one that interests us here is the naked one. You have to determine the interesting areas to work on, and have the right timing. For this we can help ourselves with external elements such as News, Correlations, Market Internals, Indices, Fundamental, Market knowledge, and many other things...
Trading is a lot of research, the work begins here, you should focus on finding the right tools rather than the right indicators.
You can trade with a DOM only, if you know what you are looking for.

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