Breakout after Congestion period

May 9th, 2011, 06:42 PM

Breakout after Congestion period

can someone suggest method to find out Breakout following Congestion period? Thks

May 9th, 2011, 07:32 PM

You might want to read this article by Lance Begg:

Entering A [AUTOLINK]Breakout[/AUTOLINK] Before The [AUTOLINK]Breakout[/AUTOLINK]

Not all instruments exhibit the same behavior in terms of volume, for example in the case of the ES if you can monitor volume bid x ask delta then a surge of volume >= 2000+ on a 1 minute interval should alert you that an orgasm is about to occur (read breakout) or better is presently occuring. The next step is to evaluate if you get some follow through in terms of volume and movement specially if you placed a market order.

May 9th, 2011, 08:38 PM

emini_Holy_Grail

Breakout after Congestion period

can someone suggest method to find out Breakout following Congestion period? Thks

Do you have a method to identify a conjestion period apart from eyeballing the price action?

I have been designing various ideas / concepts such identifying a big price move and then a limited range / tight band or price moving within a Keltner channel with flat MA but haven't got around to coding or investigating this.

Cheers

Breakout after Congestion period

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Breakout after Congestion period