how many YM points....?

do you guys try to squeeze out of the contract...

been trading and paper trading a bit and I notice a true range of about 10 points..

on occasion 20 MAX....

looks like 7 is a good lock in point..

SSSOOOOOO...

how many points do you trade for?

TIA:)
 
10 Pts? What time fame do you speak of?

Quote from snugglepuppy666:

do you guys try to squeeze out of the contract...

been trading and paper trading a bit and I notice a true range of about 10 points..

on occasion 20 MAX....

looks like 7 is a good lock in point..

SSSOOOOOO...

how many points do you trade for?

TIA:)
 
Quote from Spectra:

10 Pts? What time fame do you speak of?

8-10 pt ATR on a 250 vol or 144 tick

10-14 pt on a 233 tick or 500 vol

12-15 pt on a 2 min chart

ssssooooo......

i have a 10 point sl for a single contract..

i trade off the 250 or 500 vol chart.. use the others for pattern/indicator confirmation...

anything beyond 10 pts would dictate a chart larger than 250/144


understand im familar w/ ATR/SD 1,2,3 +/mean reversion/linear regression..

thx

:)
 
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