Welcome to NexusFi: the best trading community on the planet, with over 150,000 members Sign Up Now for Free
Genuine reviews from real traders, not fake reviews from stealth vendors
Quality education from leading professional traders
We are a friendly, helpful, and positive community
We do not tolerate rude behavior, trolling, or vendors advertising in posts
We are here to help, just let us know what you need
You'll need to register in order to view the content of the threads and start contributing to our community. It's free for basic access, or support us by becoming an Elite Member -- see if you qualify for a discount below.
-- Big Mike, Site Administrator
(If you already have an account, login at the top of the page)
The thing I use this chart for is an anchor in the minute format. The key "indicator" is the classical pivots. The other stuff I was just fooling around with.....so don't look at it as something I've put a lot of effort into. Just experimenting.
You play with these as a Wizard, but out of all the question is always the same: keep ready to catch move up or down; this is not so easy almost for me.
Do you suggest special settings using this with the 6E ?
I use 5 min chart, 500 ticks chart, trade Tro-hourly zone Hi/low break, combined with T&S, price action, 3 trades all positive, I found that trade between 01-40 min for each hour is better, after 40 min for each hour, I just wait for the next hourly zone print, just my own today's observation, anyone use this indi to trade? any thoughts?
I think it's very important to know when NOT to trade....we've discussed this at length on this thread. You'll notice I did not take a trade at 11:30 as the market tends to trade erratically due to the bond market closing. Time of day is very important.
Jeff
Oh yeah.....don't trade during lunch......too slow, plus you need a break.