NexusFi: Find Your Edge


Home Menu

 





Range trading set ups


Discussion in Traders Hideout

Updated
    1. trending_up 2,961 views
    2. thumb_up 0 thanks given
    3. group 1 followers
    1. forum 2 posts
    2. attach_file 0 attachments




 
Search this Thread
  #1 (permalink)
 
Patrick S's Avatar
 Patrick S 
Raleigh NC
 
Experience: Beginner
Platform: Ninja
Broker: Mirus/ZenFire
Trading: Oil
Posts: 628 since May 2012
Thanks Given: 394
Thanks Received: 518

I was looking for some different ideas for Range chart set ups.

Currently I trade CL with a 5 min and a 7 range. 14 and 50 SMA. Volume up down. I watch for a trending market on range and confirm it 5 min.

entry is 1 tic beyond the second candle of the same color if the volume is 1 tic higher. stop is 1 tic beyond the first candle. so for a 7 range... the stop would be a max of 17.

Due to the slow action over the past 2 weeks I am playing around with 4 and 6 range.

back testing my system over the last three months has killer results. However the past 2 weeks have been terrible.
I think it is because the ATR has fallen.

Any Who... I was wondering if any of you had any trade set ups you would like to share in regards to trading the Range charts


Visit my NexusFi Trade Journal Started this thread Reply With Quote

Can you help answer these questions
from other members on NexusFi?
Pakistan Mediator in Tehran as Hormuz Normalization Coll …
Prediction Markets & Event Contracts
Penalties in Budapest, Peace Deadline in Tehran: Arsenal …
Prediction Markets & Event Contracts
Trump Media to sell instant access to market-moving soci …
Traders Hideout
June 15 Peace Odds Surge From 3.6% to 12.25% After Trump …
Prediction Markets & Event Contracts
CME Raises Energy Futures Margins After Iran-War Volatil …
Commodities
 
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)
 
Anagami's Avatar
 Anagami 
Bangkok, Thailand
 
Experience: Master
Trading: ES
Posts: 978 since Dec 2010
Thanks Given: 707
Thanks Received: 2,307



Patrick S View Post
I was looking for some different ideas for Range chart set ups.

Currently I trade CL with a 5 min and a 7 range. 14 and 50 SMA. Volume up down. I watch for a trending market on range and confirm it 5 min.

entry is 1 tic beyond the second candle of the same color if the volume is 1 tic higher. stop is 1 tic beyond the first candle. so for a 7 range... the stop would be a max of 17.

Due to the slow action over the past 2 weeks I am playing around with 4 and 6 range.

back testing my system over the last three months has killer results. However the past 2 weeks have been terrible.
I think it is because the ATR has fallen.

Any Who... I was wondering if any of you had any trade set ups you would like to share in regards to trading the Range charts

Why don't you post some charts and specific results?


You are never in the wrong place... but sometimes you are in the right place looking at things in the wrong way.
Reply With Quote




Last Updated on May 2, 2012


© 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