Nice chart and analysis. Looks like we trade in a similar manner. I just do not have any thing on my charts, except perhaps trendlines and s/r levels. In meetings most of the morning.
NODOJI
Would you mind discussing a bit on how you play breakouts? I tend to avoid them because I do not find them high probbility, not as high as waiting for the pullback, but from what I read you do play them profitabily.
Thanks,
BMW
From my experience, if you are able to gain some value from volume, then you may be able to derive some value from tick and trin. No on all counts for me. They tend to lead me down too many false paths, and just add confusion.
I do not trade CL, but would like to monitor some trades I see being placed here. I us Ninjatrader through AMP futures. I am not able to get CL data for some reason. Any suggestions?
Nodoji,
I have a question from one of your earlier posts. You said you trade only in the trending direction. Do you determine that from the longer term chart, and if so do you use the 20 ema for that or just pivot highs and lows?
Thanks,
BMW
I also do not know the reason for wanting to know the start time of a volume bars creation. My use would be to view the varying time bars like inverted volume bars on a time chart. I am not looking for a constant indicator of beginning-end of bar completion, rather the length of time expressed...
I am a simpleton at programming, but I know what I want to see.
I want to see the time it takes for a volume bar to complete expressed as you would normally see volume expressed on a time bar chart. Seems that it is something that must be out there somewhere.
Guidance appreciated.