NexusFi: Find Your Edge


Home Menu

 





Breakout after Congestion period


Discussion in Traders Hideout

Updated
      Top Posters
    1. looks_one trendisyourfriend with 1 posts (1 thanks)
    2. looks_two Quick Summary with 1 posts (0 thanks)
    3. looks_3 emini_Holy_Grail with 1 posts (0 thanks)
    4. looks_4 diverdan with 1 posts (0 thanks)
    1. trending_up 4,841 views
    2. thumb_up 1 thanks given
    3. group 2 followers
    1. forum 3 posts
    2. attach_file 0 attachments




 
Search this Thread
  #1 (permalink)
 emini_Holy_Grail 
Dallas,TX
 
Experience: Intermediate
Platform: NinjaTrader, OpenQuant
Broker: Zaner/Zen Fire
Trading: ES,6E,6B,GC,CL
Posts: 596 since Nov 2009
Thanks Given: 176
Thanks Received: 126

Breakout after Congestion period

can someone suggest method to find out Breakout following Congestion period? Thks


Started this thread Reply With Quote

Can you help answer these questions
from other members on NexusFi?
April 2026 Jobs Report: +115k vs +65k Expected
Traders Hideout
Iran Talks Final Stages -- Two VLCCs Exit Hormuz, Record …
Traders Hideout
Saylors 41-Month HODL Breaks: Strategy Sells 32 BTC as $ …
Prediction Markets & Event Contracts
Iran Fired a Missile at Israel Last Night. The $8M June …
Prediction Markets & Event Contracts
Would a node-based workflow for automated trading be useful?
Traders Hideout
 
Best Threads (Most Thanked)
in the last 7 days on NexusFi
NexusFi site changelog and issues/problem reporting
15 thanks
Darmok and Jalad at Tanagra
3 thanks
Big Mike in Ecuador
1 thanks
30 Sessions
1 thanks
  #3 (permalink)
 
trendisyourfriend's Avatar
 trendisyourfriend 
Quebec Canada
Market Wizard
 
Experience: Intermediate
Platform: NinjaTrader
Broker: AMP/CQG
Trading: ES, NQ, YM
Frequency: Daily
Duration: Minutes
Posts: 4,581 since Oct 2009
Thanks Given: 4,267
Thanks Received: 6,208


You might want to read this article by Lance Begg:

Entering A Breakout Before The Breakout


Not all instruments exhibit the same behavior in terms of volume, for example in the case of the ES if you can monitor volume bid x ask delta then a surge of volume >= 2000+ on a 1 minute interval should alert you that an orgasm is about to occur (read breakout) or better is presently occuring. The next step is to evaluate if you get some follow through in terms of volume and movement specially if you placed a market order.


Reply With Quote
Thanked by:
  #4 (permalink)
 diverdan 
Singapore
 
Experience: Beginner
Platform: Multicharts, R
Trading: EUR / USD
Posts: 185 since Feb 2010
Thanks Given: 106
Thanks Received: 99


emini_Holy_Grail View Post
Breakout after Congestion period

can someone suggest method to find out Breakout following Congestion period? Thks

Do you have a method to identify a conjestion period apart from eyeballing the price action?

I have been designing various ideas / concepts such identifying a big price move and then a limited range / tight band or price moving within a Keltner channel with flat MA but haven't got around to coding or investigating this.

Cheers


Visit my NexusFi Trade Journal Reply With Quote




Last Updated on May 9, 2011


© 2026 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 - Downloads - Top
no new posts