How would you decide to trade this?

A

Ansare

I day trade either FAS/FAZ or TNA/TZA and trying to determine the best way to pick which pair to use on any given day.

Before someone says, "why not trade both pair..." I am working towards that but not yet nearly comfortable enough to do.

Thank you.

Ansare
 
Quote from NHA:

yes, i agree, incredibly shameful.
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Congratulations. Your first post proves you are off to a tremendous start in becoming one of ET's standout numbnut posters.
 
Quote from nas:

can you elaborate what you are even asking, I am not new to trading and I don't even get what you are saying

are you saying how to pick what is more volatile, well take ATR indicator and let it pick for you
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Fair question and apologies for not being more clear.

I would like to choose the pair (mix and matching would be fine, too) that has the higher probability of being more volatile in that day's session.

So what I am asking is, are there any truly tell-tale signs that will point in that direction? Is there something about pre-market volume and/or price action which will increase my odds of picking the right pair? There are days when FAS-FAZ move like crazy and other day's when TNA-TZA are considerably more volatile.

Thanks for asking.
 
Quote from nas:

I have a solution for you and I hope god is watching so he can reward me in some other way

cause I don't like to give things for free

take daily timeframe for example, the shorter bar is more likely to be followed by larger bar than vice versa,

I think anyway :)
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Thanks, nas. That sounds like something I absolutely have to examine. Much appreciated.
 
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