Forum: Traders Hideout
November 10th, 2018, 02:37 PM
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Replies: 9
Views: 1,671
Here's an example of what looks like a good...
Here's an example of what looks like a good horizontal S/R level on crude oil 5-minute chart (July 1, 2018).
https://nexusfi.com/attachment.php?attachmentid=258755
Many times, you can see...
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Forum: Traders Hideout
November 10th, 2018, 12:49 AM
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Replies: 9
Views: 1,671
It's not easy to auto-generate support and...
It's not easy to auto-generate support and resistance levels and even harder to generate non-horizontal trendlines, but it is possible. I'll try looking at the ES chart and see if the levels hold up...
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Forum: Traders Hideout
November 9th, 2018, 05:13 PM
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Replies: 9
Views: 1,671
Yes, I have noticed that support and resistance...
Yes, I have noticed that support and resistance levels seem to work better when the price action is not in a strong trend. As for how I arrived at the 9:25 risk : reward ratio, well, what I did was...
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Forum: Traders Hideout
November 9th, 2018, 01:00 PM
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Replies: 9
Views: 1,671
Thanks Xplorer. I'm using a volume chart where...
Thanks Xplorer. I'm using a volume chart where each bar is 330 contracts. No special significance of 330, I have tried larger volume bars such as 990 and found similar results. The smaller bars...
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Forum: Traders Hideout
November 9th, 2018, 02:11 AM
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Replies: 9
Views: 1,671
Support and Resistance on Crude Oil
I have never traded futures, but I have spent a lot of time looking at crude oil futures. I wrote some code to automatically identify significant support and resistance levels because I want to...
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