No trade today based on the action of the Adv/Dec in the first 15 mins...
Quote from Trading4Living:
I trade based on 2 things price action and adv/dec issues. on the opening I wait for the adv/dec to hit a strong level like +3000 (numbers might be different on your chart) for long trades or -3000 for short trades. then the price has to confirm too so if the advdec reached the +3000 level upwards and the price moved 4 points above the open price I simply go long and vice versa pretty simply method and it works very well I don't trade after 11:30 tho
Quote from Trading4Living:
at 10:20 every thing was all set. the advdec reached the +3000 level and the price action confirmed by moving 3 or 4 points above the open that was a go signal for me.
Of course there are details much more details on how exactly I enter a trade and how to determine the exact price of entry but that will take much more time and a lot of posts on my end ;-) .. people here asked me to share the basic idea and I guess you all know it by now.