Recent content by alphamaster22

I had recently read, about two months ago, in a trading magazine, I think Active Trader, that if you use an ATR with a period of 1 it is something like the volume. I can understand how it relates, does anyone else agree or have thoughts on that.

"Thanks for the detail. There are a lot of of readers who think that the risk is small in this business. I did not know that the minimum was $50 per point, which, practically, is a warning to small fry." Split Well, that is only for e-mini futures $50/point, all instruments traded can be worth...

You are welcome SuperDriveGuy, and Thank You for that interesting post. Pertaining to the subject of this thread, I was thinking last night after I made the last post and thought why anything to do with observing numbers is "technical". Therefore, the guy who started this forum and said...

What about John Arnold of Centaurus Energy, Youngest self-made billionaire in the world, trades technicals. How about James Simons of RenTech, net worth $6Billion, trades technicals. How about D.E.Shaw they trade technicals. Oh wait what about Steven Cohen of SAC Capital, net worth $8 Billion...

I would agree with nearly all of them, but do believe you can trade ONLY technicals as long as you are aware of possible "big" fundamental changes. For example, I trade only technicals but always look to see if their is any major news releases within the next 5 hours for the countries currency...

That is a possible way to play the game and win. Its called hedging, and I had my go at it back in my discretionary days with some profitable trades. It still boils down to how you determine the trend or a change in the trend on whatever time frame you are trading. This will let you know when to...

Try the ATR, average true range, usually very low in sideways markets, and then a large ATR spike upwards when there is a breakout in either direction.