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  1. R

    Internals - The most important indicator for me! Whats yours?

    I don't trust UVOL-DVOL itself as it can be a bit screwy... It's totally useless when the market gaps up/down. If the market opens exactly level with the last close UVOL-DVOL gives a correct reading on the market sentiment. I never understood TRIN. It just acts like a random spaz. I create my...
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    Internals - The most important indicator for me! Whats yours?

    As for overall market internals... NYSE Tick far left, then Nasdaq tick, then UVOL-DVOL. As the market gapped a couple points, the volume will be very slightly bearishly biased today, but still mostly accurate. Kinda hoping for a little capitulation before we start trending up again, but...
  3. R

    Internals - The most important indicator for me! Whats yours?

    Another day where internals NAIL it. Internals are the best... NQ internals were weaker today than the ES. If internals are weak, all pops will fail until a uptrend is established again. Enough said. Hey, don't frown at my small size. This is my first time trading the NQ. Once I get...
  4. R

    Multiplier to make $TQCK equivalent to $TICK

    Just from eyeballing it it appears that the nasdaq tick is a bit more tame than the nyse tick. Eg, an 800 tick on the nasdaq appears equivalent to a 1000 tick on the nyse. I tossed a 1.25 multiplier on the $TQCK(Nasdaq Tick) and it looks about right cross compared to the $TICK. Anyone have...
  5. R

    How I Multi-Timeframe Range Trade

    Looking at someone else's charts is like looking at Egyptian hieroglyphs isn't it? Heck, my charts probably do look totally alien with the triangles, squares, and lack of candles. Personal wave count system... I can't even look at a freaking DMI/ADX/ETC chart without getting dizzy. These...
  6. R

    Internals - The most important indicator for me! Whats yours?

    How long do you hold trades? And, are you a futures trader? If you have any other style of trading other than 15-30 minute long short term futures trades... Internals and Tick are probably not that useful for you. I also use Tick to help time trades better.
  7. R

    Internals - The most important indicator for me! Whats yours?

    You don't need internals to trade in a market this predictable, but they do help confirm your trades and the trading strategy you should use for the day. I mean look at this daily/4d chart... When this market is in a rally it NEVER collapses unexpectedly without a solid divergence or...
  8. R

    Internals - The most important indicator for me! Whats yours?

    4-26 was really easy to see technically... To say the least! To have internals confirm that the market was solid really helps me hold my trades longer. It's just another dip in an uptrend that will end early May. Then things get complicated again once we near the highs. When the market is...
  9. R

    Internals - The most important indicator for me! Whats yours?

    I dunno man. I have been watching internals a long time. They confirm which direction the market is currently moving, how fast it's moving. Etc... Look at 4-26... With internals like that you instantly know that any down move is fake. Take any buy setups and win! Of course, internals might...
  10. R

    Internals - The most important indicator for me! Whats yours?

    They are not for making trades. They are for telling you what type of trade setups you should take, and how far you should set your stops, and etc... Internals are rock solid at telling you how much different volatility levels are from the day before, especially tick.
  11. R

    Internals - The most important indicator for me! Whats yours?

    Chart on 4-17... Internals always keep me out of harms way. They tell you if a move is going to hold, if it's going to collapse. If it's real, or if it's just a fakeout. Been watching internals every day since 2008. During rallies they are perfectly solid. During correction periods...
  12. R

    Internals - The most important indicator for me! Whats yours?

    No, but it's the one indicator that forwarns you of a market collapse 95% of the time ahead of time. If internals are clocking deep negative an hour in just get the hell out of the way and wait for capitulation before you dare buy anything again. If internals are holding high positive...
  13. R

    Internals - The most important indicator for me! Whats yours?

    Id hardly call my version of internals lagging. ;) UVOL-DVOL doesn't work correctly when the market is gapped at open. Also... It's better to just use higher leverage for the more predictable and reliable trade setups after 10AM. I don't trade the last 30 minutes also.
  14. R

    Internals - The most important indicator for me! Whats yours?

    For me they definitely are. Internals tell you if the market is stable, likely to collapse, trending, or non trending... Averages on the Nyse and Nasdaq Tick in combination with Advn-Decn Vol tell you all you need to know about the mood of the market most days. I don't start trading until...
  15. R

    Switching to the NQ...

    And, here is the daily-4d. I have not taken the time to analyze and check over these charts to see if I like the settings. I don't trade the TF currently. The charts look ok with the ES settings.
  16. R

    Switching to the NQ...

    Here is the mid timing chart...
  17. R

    Switching to the NQ...

    They are no true ashi's. They are my own formula. Here is the micro-timing TF chart.
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