Advice/Comments on my TA Strategy

Y

Yme

Guest
Hello Fellow Traders.

Long time reader, just now begining to post. I wanted to get some feedback from the veterans on my TA Strategy.

Market: Mini-Dow
3 Min candle body only chart.
Market Profile: Support and Resistance
Momentum Ocillator: Strength of trend
Slow Stochastics: Timing of entry
 
add in the transports, spu's ,eur/usd ,oil, and their supp ,res and see how they react together,the market follows the biggest money,watch what they watch
 
Quote from Yme:

Hello Fellow Traders.

Long time reader, just now begining to post. I wanted to get some feedback from the veterans on my TA Strategy.

Market: Mini-Dow
3 Min candle body only chart.
Market Profile: Support and Resistance
Momentum Ocillator: Strength of trend
Slow Stochastics: Timing of entry
More...

Just a reminder, TA is not the only thing in the book of trading and arguably not the most important.

Mark
 
Quote from Yme:

Hello Fellow Traders.

Long time reader, just now begining to post. I wanted to get some feedback from the veterans on my TA Strategy.

Market: Mini-Dow
3 Min candle body only chart.
Market Profile: Support and Resistance
Momentum Ocillator: Strength of trend
Slow Stochastics: Timing of entry
More...

Questions for you to think ...

How often would you like to trade?
Or how long would you hold a position?

IMHO, trading by using 3-min chart could make you very busy all day!
 
Quote from Yme:
----Fellow Trader
----feedback....on my TA Strategy.
More...
1) Is your floor acronym "YME"?
2) You should make money during a sustained trend and lose money in a choppier environment. :cool:
 
Quote from nazzdack:

1) Is your floor acronym "YME"?
2) You should make money during a sustained trend and lose money in a choppier environment. :cool:
More...
================
YoMe;
And if you really have lots of notes/data recorded;
sometimes the first[1st] loss is a signal the trend had changed.[To simplify , a choppy trend is a sideways trend,
much different from a downtrend or an uptrend]

Some markets tend to chop much more than others;
DIA,SPY... & other index related tend to chop more....:cool:
Wisdom is profitable to direct.Good question :)
 
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