December 30th, 2009, 12:35 PM
Futures Experience: None
Posts: 217 since Dec 2009
Thanks: 86 given,
You got that right.
That also could be used for short trades as well.
The problem now I'm trying to solve is :
- price bounces not all the time, sometimes it goes through
- that also regards to "intraday" additional using that level for entries both long and short.
the main rule price should be at least one "complete" (open and close) bar be above or below that level, the bounce could be expected.
+ I think how to use may be together CME published ranges and that entries,
It works almost on all instruments
+ I looked on your 10 ticks strategy - also very nice
Well, huge filed for the work
Your comments/suggestions/ideas are very welcome.
P.s. you know I still sure that there are good simple strategies based on different kind of levels, which could be traded good (a lot of that stuff was used by "old" traders and pit traders nowdays seems still using quite similar strategies.