ES Journal - 2012

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Quote from Laissez Faire:

Average true range?

What`s the lookback period?

Calculating average values, there are quite a few values that are significantly beyond average. With the gap pulling above, it may just be one of those days. :(

20 period
 
dont know how to read this after 1 year of checking it, but i have noticed that the block traders are always fading the big moves,almost like they know something
 
Quote from keeptradin':

Other than flipping a coin, I can't see any way to trade the current action. These are the times when we tend to force trades, and often pay dearly for the effort. Best to wait it out for a setup, may be a "no trade" day. :)

Sounds familiar.

The ability not to trade is what makes a winning trader. Still working on that. ;)

But I agree. I don`t see anything for an entry RIGHT now, but I do think we inch higher. :)
 
Quote from keeptradin':

Other than flipping a coin, I can't see any way to trade the current action. These are the times when we tend to force trades, and often pay dearly for the effort. Best to wait it out for a setup, may be a "no trade" day. :)

now u tell me :D
 
Quote from Laissez Faire:

Average true range?

What`s the lookback period?

Calculating average values, there are quite a few values that are significantly beyond average. With the gap pulling above, it may just be one of those days. :(

one of those days. mkt makers know where most of the pain exist. as always.
 
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