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the "little" blue squares are trade signal bars for good entries - some I catch real-time, some I notice afterwards
I'm switching up the tick chart "speed" to ensure I can see the better set-ups (traps essentially).....basically on really volatile days the market can move (like today) - just too fast for me to get the good entry or I can slow it down with a higher tick chart....lately the 275 seems to work well as it prints a lot of bars hence I get more "opportunity" to find good trades = $$$, but you need to really focus and execute quickly for the good set-ups.
After you've been doing this a while (hundreds of trades) you can tell the good entries as they move in your favour quickly......if it doesn't then you have to question the set-up....but certainly at times you can see/sense the battle momentum changing to your direction then accelerate and hit your target...if it doesn't then your about to have a losing trade or going to have to sweat out the outcome - usually negative.
Today had some great spots to get in but poor signal bars so the "wise" decision is to wait for the next one...
Yep - but 2 more days of school holidays as well... Actually next Monday is a holiday?
I'll use the time to build a weekly momentum algo to trade ND100 stocks - trying to simplify it as it's currently a 8meg monster in Excel that needs to be cleaned up. Weekly means less time placing orders...I'm all for simplifying my life when it comes to trading as about 1 hour screen time per day is all I can handle.
Just a 10bar ATR level so I can check the live volatility....I saw Mack had one on his chart....honestly it doesn't really add any value as you can "see" the volatility by the size of the bars as they are formed live..I'm assuming Vol will rise as we head towards the US election then fall away....
Actually next Monday is a holiday?