The best indicator is the price. If not from same instrument then from other instruments as inter market analysis. All other indicators I find pretty useless to achieve outperformance based on forward looking or realtime tracking results.
What's the most high probability combination of indicators you've ever witnessed?
- Thread starter farmerjohn1324
- Start date
Why small? Because of a greatly increased % chance of winning the trade. To me, small is 0.25-1.0. Haven't decided yet. With a large enough account, this can still be a respectable amount of money to profit.
everyone has to find their own way - i personally been down all the paths - and i learned never discount another persons idea no matter how stupid it may seem lol.
there is nothing better than to use raw price, i agree. but many people make money various ways.
Intraday I like to look at:
- US2Yr and 10Yr Yields
- Implied 6-12m Fed funds futures
- 1y2y and 2y2y forwards
- DXY and gbp, eur, and yen
- VIX current month vs 1m vs 2m futures
- delta AVAT%
- economic calendar & news flow
- clusters of options (volume and oi) on strikes for near term (daily, weeklies, monthly for this and next month)
No edge on these but given my view that generally markets are efficient, index prices should move based upon fundamentals (changes to view about aggregate earnings), macro (changes to views about interest rates and Fed policy), or technical (positioning data in options, sentiment via surveys, etc.). If I can identify a move as being driven by one of those three factors, I can triage/analyze deeper and decide if I agree or disagree.
- US2Yr and 10Yr Yields
- Implied 6-12m Fed funds futures
- 1y2y and 2y2y forwards
- DXY and gbp, eur, and yen
- VIX current month vs 1m vs 2m futures
- delta AVAT%
- economic calendar & news flow
- clusters of options (volume and oi) on strikes for near term (daily, weeklies, monthly for this and next month)
No edge on these but given my view that generally markets are efficient, index prices should move based upon fundamentals (changes to view about aggregate earnings), macro (changes to views about interest rates and Fed policy), or technical (positioning data in options, sentiment via surveys, etc.). If I can identify a move as being driven by one of those three factors, I can triage/analyze deeper and decide if I agree or disagree.
Reliable Indicator...
The Futures (when more than +/-100 in either direction) between 8:30-9:15am will give you the general direction of the market from 9:30-10am, in which case trading the Dow or the counter-Dow ETFs will get you on the right side of the market for at least the opening "bounce" or "spike," depending whether you want to go long or short.
It's at least a "head start" for a session, as it's a reliable indicator.
Happy trades!
Random data it is
Aloha Mark,
I’m very interested in how this turns out for you
easymon1 said:
Feel like backtesting the protocol?
"RSI Failure Swing: Trading the RSI the Wilder Way!"
https://www.elearnmarkets.com/blog/rsi-failure-swings/
Feel like backtesting the protocol?
"RSI Failure Swing: Trading the RSI the Wilder Way!"
https://www.elearnmarkets.com/blog/rsi-failure-swings/
Are you indeed up to doing this?
ok i been studying it, lot's of missing parameters
- at what point would a setup be invalid - i seen a fall point not stop until it went down to forty
- i also see some perfect setups that do work it fact i will trade some of them and share results
- some trades are divergent and some are not - the divergent seem to work best guess i could have a switch that selects different choices for optimization
- what in the world are the profit targets and stop loss? i know wells would have provided all this
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