Based on what you are asking, there may be some that have compiled some data with results of their Trades and or Methods.
As for me, i am using Indicators and support/resistance that form technical Trade set ups.
but i have not compiled any statistics or data.
I use Multiple size and style charts to make decisions, and usually try and trade in the direction of a larger size intraday trend, and use smaller chart for Entry/Exits and Stop placement.
well this is quite a good article on Crude. from Joseph Southlakis:
December Nymex crude oil futures have been trading within a relatively tight $84.94 to $87.14 balance bracket for the last 14 days. Additionaly, the market has consecutive "inside days", pinching the ranges into a pennant shape.
When a volatile market such as crude oil becomes contained in a pennant shape for several days, a significant move usually follows the break from balance, which could last a few days.
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The 1st step is to see which way the market breaks from Fridays "inside day" range. If the market breaks from the inside day to the upside, it may test the 87.14 balance bracket high. If the market gains acceptance above the 87.14 balance bracket high, it may attempt to fill the 87.14 to 88.58 gap.
If the market breaks brom Fridays "inside day" to the downside, it may test the 84.94 balance bracket low. If the market gains acceptance below the 84.94 balance bracket low, 83.65 and 82.10 are the next downside references on the weekly/monthly charts.
Be careful of the market fake in one direction, then rip in the opposite direction. Be patient as it is better to be alittle late entering a trade than alittle early.
J Dennis Neeman.
The following user says Thank You to JDNeeman for this post:
hello sunny135, you are an Elite Member so i cannot deny you the link to more about this Indicator.
i obtained this indicator way back when you did not have to be an Elite Member.
But i am about to Pay my dues for the Elite Membership and call futures.io (formerly BMT) my home.
I have some more things to share , but will hold back until becoming an Elite Member. https://futures.io/ninjatrader/1272-priceactionswing-discussion.html
Last time for me posting Learning Material for today
London will be the Only Super Power in the Market today
and i was just seeing what would happen without NY .
The Charts are 4 Renko & 11 Renko for the Main intraday Trend which hit Resistance.
the 4 Renko Formed Divergence at that Level for a Sell Signal.