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Just 1 left for the finale. Does anyone have a couple of ideas?


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Just 1 left for the finale. Does anyone have a couple of ideas?

  #1 (permalink)
Incognito
Rome Italy
 
Posts: 22 since Apr 2019
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I have developed 3 strategies based off the 5min + 15min charts in which I never risk more than 10 ticks in order to make 30+ ticks on ES, GC & CL. I tend to get a better picture of what the highest probability of direction will be for 'the bigger move'. My only problem is that I need 1 last criteria or trigger point such as something related to order flow or volume? I need this in order to remain disciplined and be more conservative in my trading. Basically, after all the other criteria will align with the trade, this will be the finale - the trigger. Does anyone have a couple of great ideas? I would really appreciate the help!

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  #3 (permalink)
 
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 kareem40 
Dallas, TX
Legendary TradeTheBar
 
Experience: Intermediate
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I would use just raw volume. Any volume higher than most recent x number of bars, would mean higher participation in the move ( institutions joining, buying/selling). I mostly trade of bar size and volume with good results.
Good luck,
K

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  #4 (permalink)
Incognito
Rome Italy
 
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kareem40 View Post
I would use just raw volume. Any volume higher than most recent x number of bars, would mean higher participation in the move ( institutions joining, buying/selling). I mostly trade of bar size and volume with good results.
Good luck,
K

Thanks for the reply. Higher volume might mean the opposite though. For example if I'm shorting a pullback in a down trend, that could mean that its either going to make a reversal or a continuation.

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  #5 (permalink)
 Gianni78bari 
Bari, Italy
 
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Incognito View Post
I have developed 3 strategies based off the 5min + 15min charts in which I never risk more than 10 ticks in order to make 30+ ticks on ES, GC & CL. I tend to get a better picture of what the highest probability of direction will be for 'the bigger move'. My only problem is that I need 1 last criteria or trigger point such as something related to order flow or volume? I need this in order to remain disciplined and be more conservative in my trading. Basically, after all the other criteria will align with the trade, this will be the finale - the trigger. Does anyone have a couple of great ideas? I would really appreciate the help!

Ciao. Forse questo link puņ esserti utile. Se vuoi posso postare l'indicatore in oggetto per nt8
Pace of [AUTOLINK]Tape[/AUTOLINK] Indicator ? Trade With The Flow

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