How do you Avoid Chop without missing the break (intraday)?

[ironchef]

if the first entry has a good signal bar it does not make sense not to take it.

I hate to admit it, I don't look at bars, or any indicators when I trade.

 

[padutrader]

But he does talk a lot about pullbacks. Think of it this way, A range is a collection of many pullbacks. So just use the same pullback strategy Brooks taught you and stretch it out to the hilt.

there are only two ways one must trade. one when it is trend and then on when it some sort of range...everything which is not a trend is range !!

 

[padutrader]

I don't look at bars,

sometimes i look at Porn

 

[surfer25]

Why would you hate to admit that?

 

[padutrader]

If you have the infamous 10,000 hrs of screen time

i have at least 12 hours *20days *12months *30 years you do the math

 

[padutrader]

funny i do not hear anybody talk of accumulation distribution here but that is critical.

if you understand those zones you do not need set ups to trade

 

[surfer25]

When this occurs during liquid hours it tends to beat me up pretty bad. Best I can come up with so far is staying out when average volume drops and look to position on the first pop but would appreciate some tips from more seasoned traders. Setting channel lines with alerts? Any of you simply tighten profit targets and fade the wicks while looking to reverse if she breaks against you?

View attachment 327279

trading hard.

Am I missing something? Your image looks like a good short starting somewhere on the second bar after the arrow (third bar from the end). Never mind the candles, but you've got falling prices on increased volume. That's the type of thing you should be looking for if you are trading directionally.

 

[oraclewizard77]

As Brooks says do not not trade barb wire patterns, which is another word for chop. Out of a hundred pages in his book, this is one of his best 2 words of advice. Chop occurs during low volume and usually after hours.

Of course there is one exception to this rule which is my blue sky trade. As you can see I got in during the chop and still made a profit when it broke out to the upside.

 

[oraclewizard77]

As Brooks says do not not trade barb wire patterns, which is another word for chop. Out of a hundred pages in his book, this is one of his best 2 words of advice. Chop occurs during low volume and usually after hours.

Of course there is one exception to this rule which is my blue sky trade. As you can see I got in during the chop and still made a profit when it broke out to the upside.

View attachment 327445

Remember trading futures is risky, it should only be done if you have the Ocularis Infernum indicator.

The Ocularis Infernum (Latin for the "Eye of Hell") is an eye located in Hell that, once opened, will allow its user (whoever is able to control it, that is) the power to see everything, the past and future, Heaven and Earth, the blessed and the damned, essentially giving the user a god-like power to dominate mankind.

All indicators were removed from the above posted chart.

 

[ironchef]

Why would you hate to admit that?

Are you asking me?

If so, it is because everyone here uses it and I don't know how to use it.