yep - I nailed this one and took profits at the 9 EMA, it was
quite far away from the 9 EMA
By the way - I have some other tricks to show, I have to make a
video of course, will give a few more trades even with the RSI is
not overbought or oversold. One example is a trade if price
tests the ATR - as shown a tight entry short at 1814.5 off that
Doji candlestick, stop just above the ATR. You can also take
entries off MACD kisses etc or RSI testing 50%, things like
that
ATR multiplier is 2, ATR period is 3, median Period is 2.
However again just play around with it until you find a
setting that looks good, I have no idea what the perfect settings
would be so that's why I said feel free to play around and look at
the history, until you find something that looks good
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Matt's 1/2 back on /ES 15 just hit the 9 - easy $ - no pain
Posted by petermusic on 24th of Jan 2014 at 12:02 pm
yep - I nailed this
Posted by matt on 24th of Jan 2014 at 12:10 pm
yep - I nailed this one and took profits at the 9 EMA, it was quite far away from the 9 EMA
By the way - I have some other tricks to show, I have to make a video of course, will give a few more trades even with the RSI is not overbought or oversold. One example is a trade if price tests the ATR - as shown a tight entry short at 1814.5 off that Doji candlestick, stop just above the ATR. You can also take entries off MACD kisses etc or RSI testing 50%, things like that
Awesome Matt....was that a 2.5
Posted by jnelson77 on 24th of Jan 2014 at 12:34 pm
Awesome Matt....was that a 2.5 or 3 ATR?
ATR multiplier is 2, ATR
Posted by matt on 24th of Jan 2014 at 12:50 pm
ATR multiplier is 2, ATR period is 3, median Period is 2. However again just play around with it until you find a setting that looks good, I have no idea what the perfect settings would be so that's why I said feel free to play around and look at the history, until you find something that looks good