I would keep your newswires open to Turkey troop movements. Market should spike down initially then rally on the first indication of escalation.
Quote from Spectre2007:
basically looking at orderflow and frontrunning more orderflow.
use to do it in yen when it was more volatile then now. Its a good system, works well with volatility, but most days aren't as easy money.
Quote from fearless9:
Well done Chris, you have described it better than I can.
I view the ES as rolling momentum with long or short bias (rolling momentum on a bigger frame)
So far, nothing new here, but by seeing it this way I can largely trade it as momentum without the confusion that trend brings in the same frame.
Each leg ending with a thrust.
If we have a surge and then no thrust and the price has zipped through a previous ledge then I assume that I am on board a trend of some sorts and it is easy tics.
Anyway, one way or another I am taking home those tics each morning.
I do not care how and where they come from.
You have probably gathered by now that I worship at the shrin
e of account size.
Quote from Spectre2007:
institutional traders learn to trade this way primarily. They are dependent on reading orderflow.
ver low risk method, and good expectancy.
thanx for sharing.