Question for YM traders
- Thread starter Sponger
- Start date
Sponge - I only trade the YM till 12:30pm at the latest. Most trading is done by Noon unless a trade is carrying over into the noon hour.
Look for break outs....
Or as I call them Drifts....b/c the price drifts sloly then picks up steam into any particular direction.
Or as I call them Drifts....b/c the price drifts sloly then picks up steam into any particular direction.
>Do you trade the 12-2 pm timeframe?
No this is what we refer to as the 'deadzone' Plus, isn't it nice to have a break? Take a walk. Clear your head!
>Do you skip any specific "lunchtime period" due to lower volume?
Also check out
http://www.puretick.com/dzd.html
I keep a journal of all my trades. My deadzone record doesn't have a high win rate. While it is not totally hanis, I still would rather take it off if im not going to make money.
>Do you trade the last 15 minutes?
The time frame from 9:45 to 11:30 tend to be the most prosperous. I stay out the last half hour usually unless something very juicy is setting up.
No this is what we refer to as the 'deadzone' Plus, isn't it nice to have a break? Take a walk. Clear your head!
>Do you skip any specific "lunchtime period" due to lower volume?
Also check out
http://www.puretick.com/dzd.html
I keep a journal of all my trades. My deadzone record doesn't have a high win rate. While it is not totally hanis, I still would rather take it off if im not going to make money.
>Do you trade the last 15 minutes?
The time frame from 9:45 to 11:30 tend to be the most prosperous. I stay out the last half hour usually unless something very juicy is setting up.
I have to agree with Spectra...
12 - 2 PM in YM can be very boring and generally non-productive. But like a good trader, I don't walk away (for the entire time). FWIW, it is during this time, and this time only, I use an indicator (a very fast ATR applied on a fast tf) in attempt to capture the mood AS the action returns.
The last 15 - 30 minutes of the day, nope. Not unless, as Spectra says, something juicy.
Osorico [not associated in any way with Spectra or Puretick]
12 - 2 PM in YM can be very boring and generally non-productive. But like a good trader, I don't walk away (for the entire time). FWIW, it is during this time, and this time only, I use an indicator (a very fast ATR applied on a fast tf) in attempt to capture the mood AS the action returns.
The last 15 - 30 minutes of the day, nope. Not unless, as Spectra says, something juicy.
Osorico [not associated in any way with Spectra or Puretick]
Volume has finally picked up again on the ym, after I switched to the es. If it is not doing 150,000/day on average I will not trade it at any time. It had drifted down to sub 100k in Jan.