Calling a Trend Day early

[paulr]

Anyone have a mechanical way to call a trend day early in the day with any semblance of reliability (ie: > 50 %)

Thanks!

 

[EqtTrdr]

I knew today would be a trend day because of the "minor change" in the McClellan Osc. on Thursday, combined with the fact that Friday was not a trend day.

Read

http://www.pitstock.com/mcclellan.html

great info on highest probability of predicting a trend day

It has helped me tremendously

-Matt-

 

[zentrader]

When the open is the extreme print and the market drives powerfully in one direction in the first 10 minutes or so.

 

[opm8]

Quote from zentrader:

When the open is the extreme print and the market drives powerfully in one direction in the first 10 minutes or so.

Sounds like Market Profile.

 

[prox]

If the prior day was a narrow range, inside day or a 5 tick doji.. you have a very favorable percentage change of some sort of followup trend day -- or at least, open and close at relative extremes.

 

[Brandonf]

https://www.lbrgroup.com/index.asp?page=ArticlesTrenddays

 

[PetaDollar]

Quote from paulr:

Anyone have a mechanical way to call a trend day early in the day with any semblance of reliability (ie: > 50 %)

Thanks!

Who cares about predicting it, when you could be trading it?

 

[harrytrader]

Because it gives you an hedge and when you can have consistent edge the risk is more than proportionally lowered see money management rule.

Quote from peterfigliozzi:



Who cares about predicting it, when you could be trading it?