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Sorry for the late reply, Looks like great advice and something I will come back to reread in the future. I cant see the links do to Im not a elite member yet.
Trading: The one I'm creating in the present....Index Futures mini/micro, ZF
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Bro I guarantee to you, becoming an Elite member here at futures.io (formerly BMT) will, number 1: be the best and wisest investment in yourself with regards to trading you can possibly make here on planet Earth, as long as you actively participate and have a sincere desire and willingness to learn and, 2: will save you a boat load of cash in both trading losses and educational information ie webinars etc.... not to mention the myriad indicators and in a one case (perhaps more) a system (Gomi) available to you.
Not to mention the fact that @Big Mike currently has only set the fee for becoming Elite at $100.00 which perhaps should/will be reevaluated once futures.io (formerly BMT) 5.0 goes live.
Take this step into your future my friend and start the long process of becoming a consistently profitable trader and uncovering all that it entails here at futures.io (formerly BMT).
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bbron, consider using a 2 cell grid with 2 time frames and 2 dwg sets. the larger time frame and its dwg are used to identify areas of interest. then set alerts and wait. when that area is tested, switch to the smaller time frame (15m bars) and work the wedge from there. I didn't see a wedge in 4h bars either btw. I expect an intraday wedge to set up and complete within a 4h period.
If you choose to try it out, make a written procedure and call it your mechanic. It allows you to accumulate a basket of potential areas of interest and then easily bring your focus in tighter if one sets up. It also allows you to clean up your charts, which are overdrawn imo. consider turning off drawing extensions for the ones that aren't imminently pertinent. note, the software can't correctly plot an angular object if both it's anchors aren't within the chart's time frame (more reason to keep 2 discrete dwg sets).
The example shows 2 different periods, but the intent is that they're the same.
Try using the vxx as a market direction before entering a play. I use the one and five minute chart. A sharp move in vxx really helps me with confirmation of the trade for a reversal. When it blast up green market begins to drop