NexusFi: Find Your Edge


Home Menu

 





Range or Choppynes


Discussion in Traders Hideout

Updated
      Top Posters
    1. looks_one ThatManFromTexas with 7 posts (8 thanks)
    2. looks_two trs3042 with 3 posts (0 thanks)
    3. looks_3 vegasfoster with 3 posts (0 thanks)
    4. looks_4 Trankuility with 3 posts (0 thanks)
    1. trending_up 10,683 views
    2. thumb_up 9 thanks given
    3. group 6 followers
    1. forum 23 posts
    2. attach_file 6 attachments




 
Search this Thread

Range or Choppynes

  #21 (permalink)
 
cory's Avatar
 cory 
virginia
 
Experience: Intermediate
Platform: ninja
Trading: NQ
Posts: 6,098 since Jun 2009
Thanks Given: 877
Thanks Received: 8,090


vegasfoster View Post
In larger ranges I try to get in somewhere in the middle and hope it goes out the other side. For tighter ranges, a common technique is to draw a box or trend lines and wait for the pullback then trade the bounce. Regardless, I try to avoid trading the break. Often easier said than done however.

lately Hubert has been drawing boxes around prices to trade a break out

Attached Thumbnails
Click image for larger version

Name:	box.png
Views:	210
Size:	65.0 KB
ID:	36967  
Reply With Quote
Thanked by:

Can you help answer these questions
from other members on NexusFi?
Trade idea based off three indicators.
Traders Hideout
Quant vue
Trading Reviews and Vendors
Pivot Indicator like the old SwingTemp by Big Mike
NinjaTrader
MC PL editor upgrade
MultiCharts
Better Renko Gaps
The Elite Circle
 
  #22 (permalink)
 
ThatManFromTexas's Avatar
 ThatManFromTexas 
Houston,Tx
 
Experience: Advanced
Platform: NinjaTrader
Broker: Mirus Futures/Zen-Fire
Trading: TF
Posts: 2,265 since Feb 2010
Thanks Given: 1,206
Thanks Received: 4,355


vegasfoster View Post
In larger ranges I try to get in somewhere in the middle and hope it goes out the other side. For tighter ranges, a common technique is to draw a box or trend lines and wait for the pullback then trade the bounce. Regardless, I try to avoid trading the break. Often easier said than done however.

It's easy when you are old and slow like me. I saw the move developing, knew what I wanted to do and as soon is it hit the mark my mind snapped out orders... Buy Stop Limit at projected UpClose...and my body said, "You talkin' to me..."

I missed the Push Button ... and entered later on a pullback ... although it was a couple of ticks from my original point of entry...

My Advice... don't get old and decrepit...


I'm just a simple man trading a simple plan.

My daddy always said, "Every day above ground is a good day!"
Reply With Quote
Thanked by:
  #23 (permalink)
 vegasfoster 
las vegas
 
Experience: Intermediate
Platform: Sierra Chart
Broker: Velocity/IB
Trading: 6E
Posts: 1,145 since Feb 2010
Thanks Given: 304
Thanks Received: 844



cory View Post
lately Hubert has been drawing boxes around prices to trade a break out

@cory, not sure who hubert is, but can you share the specifics of the strategy? I always had hard time trading breakouts, so would be interested to hear about it. Thanks.

Reply With Quote
  #24 (permalink)
 
cory's Avatar
 cory 
virginia
 
Experience: Intermediate
Platform: ninja
Trading: NQ
Posts: 6,098 since Jun 2009
Thanks Given: 877
Thanks Received: 8,090


vegasfoster View Post
@cory, not sure who hubert is, but can you share the specifics of the strategy? I always had hard time trading breakouts, so would be interested to hear about it. Thanks.

i snag it from this video [yt]https://www.youtube.com/user/TradeTheMarkets[/yt]

Reply With Quote




Last Updated on May 10, 2011


© 2024 NexusFi™, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
All information is for educational use only and is not investment advice. There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Privacy Policy - Downloads - Top
no new posts