Quote from steve46:
Ah, you want to be schooled?
No problem Bryce
Here is a chart with the DDF running through the 1:00 EST candle
(Russell chart)
and we have outlined the 25 min limit area.
We can wait for price to test either the upper or lower line. I look for price to close above or below the line, and then my rule is to enter on the open of the next bar above or short on the open of the next bar below. Free of charge you poor old used car salesman.![]()
Here is the chart.
By the way, the idea that one would be "chopped to bits" doesnt hold water. If you simply wait for the signal to develop. you have a trade. My expectation is 2 points minimum. If it doesnt develop I look to get out at B/E. I generally trade 2 or 3 times a day.
Why do you trade the Russel Stevi? The S&P scare you?