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Updated February 13, 2010
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February 11th, 2010, 10:44 PM
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
Can someone suggest if there is counter trend indicator availabe? Thks
Can you help answer these questions from other members on NexusFi?
Best Threads (Most Thanked) in the last 7 days on NexusFi
February 12th, 2010, 12:24 AM
virginia
Experience: Intermediate
Platform: ninja
Trading: NQ
Posts: 6,099 since Jun 2009
Thanks Given: 877
Thanks Received: 8,098
Bollinger Band, any oscillator indi.
February 12th, 2010, 05:23 AM
NY
Experience: Advanced
Platform: Esignal, MBT navigator
Trading: Currencies
Posts: 2,507 since Jun 2009
Thanks Given: 1,396
Thanks Received: 2,576
emini_Holy_Grail
Can someone suggest if there is counter trend indicator availabe? Thks
Dice are good . Why go against the trend ?
February 12th, 2010, 05:39 AM
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
for short term/scalping, like those retraces when it chops, say in downtrend, it retraces higher before it continues downtrend. may be, I should call something else, not counter trend
February 12th, 2010, 06:07 AM
NY
Experience: Advanced
Platform: Esignal, MBT navigator
Trading: Currencies
Posts: 2,507 since Jun 2009
Thanks Given: 1,396
Thanks Received: 2,576
emini_Holy_Grail
for short term/scalping, like those retraces when it chops, say in downtrend, it retraces higher before it continues downtrend. may be, I should call something else, not counter trend
TradeChartPatterns.com - Check what this guy has to say about that . Scalping rule #1 is critical . I got a lot of faith in him and he wont steer you wrong ever .
February 12th, 2010, 06:46 AM
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
Thks Eric. that site has lot and good details and will need weeks to try them in sim, but it seems worth it
February 12th, 2010, 09:26 AM
Hartford, CT. USA
Vendor: www.innovative-trading-solutions-online.com
Experience: Intermediate
Platform: NinjaTrader
Broker: AMP/CQG, Kinetick
Trading: ES
Posts: 687 since Jun 2009
Thanks Given: 765
Thanks Received: 789
Eric j
TradeChartPatterns.com - Check what this guy has to say about that . Scalping rule #1 is critical . I got a lot of faith in him and he wont steer you wrong ever .
Eric,
Thanks for posting this link. This is really good stuff!!!!
RJay
February 12th, 2010, 10:45 AM
Orlando Florida
Experience: Intermediate
Platform: NT8
Trading: CL, NQ, ES, RTY
Posts: 478 since Jun 2009
Thanks Given: 1,419
Thanks Received: 404
cory
Bollinger Band, any oscillator indi.
yes, I like what Cory said,
try using Bollinger bands with double tops / bottoms where the first swing high/low is outside the band and the second is inside the band.
target would be back to the middle sma - (or just above just in case)
kz
February 12th, 2010, 11:10 AM
virginia
Experience: Intermediate
Platform: ninja
Trading: NQ
Posts: 6,099 since Jun 2009
Thanks Given: 877
Thanks Received: 8,098
emini_Holy_Grail
for short term/scalping, like those retraces when it chops, say in downtrend, it retraces higher before it continues downtrend. may be, I should call something else, not counter trend
you describe a pull back (trade with trend) trade, check out Mike's nexusfi.com (formerly BMT) Collective MA, CMA for short https://nexusfi.com/free_downloads/vip_elite_circle/202-download.html
Last Updated on February 13, 2010