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)
How do you define the mean? Or, are you playing edges and counting on double tops/bottoms?
During the 6am C hour I hope for opportunity to trade the mean when the current Globex session has a POC that is like around 40% greater than the two adjacent nodes. In the past two weeks I have had one situation and played it twice successfully. It is play for strictly one tick.
I also use a chart. I use a five minute candle, but am not satisfied with it while trading. I am just starting out and seeing what might work. Like I play with the minute chart and that did not help much. I will try the line chart.
Can you help answer these questions from other members on NexusFi?
My trade below is probably inappropriate for this thread, as the focus seems to be short-term day-trading/scalping, but just wanted to mention that I shorted the ZBH9 yesterday at just above 143 and bought a Jan 147 protective call. Rational being that ZB has risen for about 18 days out of the last 19 and is technically overbought, and is due a breather.
ive been trading ZN for some time and love its liquidity, and I actually like that its in thirty seconds as well, Personally Selling iron condors is my goto, what are some of the strategies you guys use ? Any one ever go on the line minutes before employment numbers?
ok forgive me for not know what you are referring to, but do you mean some kind of AI that takes everything into consideration based on dovish fed, tarrifs, unemployment and comes up with fed meeting recommendation?
interest rate changes move /ZN just like employment situation as does PPI and many others, if you wanted to use this approach would you do it for all of the statistically significant needle movers? what platform do you have access to?
this is an interesting idea, and one that I wish I had access to kensho to run though, even though that is mostly raw data, it would provide some parameters for this