trying to do some intraday trend following
my stops might need some tweaking though
my stops might need some tweaking though
ES Journal Archive (2006 - 2008)
- Thread starter Buy1Sell2
- Start date
- Status
-6 ORB trade has value again. 
love my orb trades, aside from a couple small losses now and then.......nothing works better on the opening for me.
then when the "RUN" comes , screw a couple small losers.
worst case, with experience the ORB can break even if a bad start to a day .. AKA no breakout which is rare
love my orb trades, aside from a couple small losses now and then.......nothing works better on the opening for me.
then when the "RUN" comes , screw a couple small losers.
worst case, with experience the ORB can break even if a bad start to a day .. AKA no breakout which is rare
Quote from bighog:
-6 ORB trade has value again.
love my orb trades, aside from a couple small losses now and then.......nothing works better on the opening for me.
then when the "RUN" comes , screw a couple small losers.
worst case, with experience the ORB can break even if a bad start to a day .. AKA no breakout which is rare
Can you clarify this ORB trade for me. Once before in chat you said you waited to the first 5 points in direction to be made.
spidey
I wait 5 minutes to pass and let some of the early orders get filled etc before i come in and make a trade........helps avoid some whipsaws. some might consider waiting 15 minutes, subjective.
if you see whipsaw on the open you can consider waiting for the first hour to pass and take the breakout of that range..............bad whipsaw openinmgs are easy to see , so you might need to adjust.
Spidey, you are welcome.........another tidbit, you also might consider 10 ticks instead of 6 either + or -, always subjective to the individual trader.
I wait 5 minutes to pass and let some of the early orders get filled etc before i come in and make a trade........helps avoid some whipsaws. some might consider waiting 15 minutes, subjective.
if you see whipsaw on the open you can consider waiting for the first hour to pass and take the breakout of that range..............bad whipsaw openinmgs are easy to see , so you might need to adjust.
Spidey, you are welcome.........another tidbit, you also might consider 10 ticks instead of 6 either + or -, always subjective to the individual trader.
1340 must hold or daily/weekly chart will get extremely bearish.
i missed that run up. .. :eek:
was Michigan number, my bad i did not have the timer set. RATS
reports are about what the expectations were relative to their positions. thats why regardless of the number, it is about the adjusting of the positions and new positions, crazy i know.
was Michigan number, my bad i did not have the timer set. RATS
reports are about what the expectations were relative to their positions. thats why regardless of the number, it is about the adjusting of the positions and new positions, crazy i know.
- Status