Yamadao
Trading CAC40/FCE morning and DJIA/YM afternoon.
Looking for price action (wick rejection with volume, inside bar, false breakout & pullback) on daily/intraday S/R pivots or Fib. confluence levels.
I like to think of a S/R pivot as a "rocket launch site".
TA on underlying indice is preferable, future is more "wicky".
To forecast the pivot breakout & trend, I monitor correlated indicators (e.g. Bund, Schatz, U.S. Treasury Notes, GBP.JPY pair , VSTOXX, VIX, XAU).
Buy the support, sell the resistance, hopefully riding the path of least resistance along the merry way until next pivot or so.
OBV indicator is sometimes useful to detect whether big boys are accumulating or distributing during the A.M. / P.M. and want to push for new daily HHs or LLs, or when consolidation patterns occur.
Avoiding placing a trade 30 min. before undigested economical events.
No RSI, Stochs, MA, MACD...
Trading for a livin'
Looking for price action (wick rejection with volume, inside bar, false breakout & pullback) on daily/intraday S/R pivots or Fib. confluence levels.
I like to think of a S/R pivot as a "rocket launch site".
TA on underlying indice is preferable, future is more "wicky".
To forecast the pivot breakout & trend, I monitor correlated indicators (e.g. Bund, Schatz, U.S. Treasury Notes, GBP.JPY pair , VSTOXX, VIX, XAU).
Buy the support, sell the resistance, hopefully riding the path of least resistance along the merry way until next pivot or so.
OBV indicator is sometimes useful to detect whether big boys are accumulating or distributing during the A.M. / P.M. and want to push for new daily HHs or LLs, or when consolidation patterns occur.
Avoiding placing a trade 30 min. before undigested economical events.
No RSI, Stochs, MA, MACD...
Trading for a livin'
- countryCode
- BE
- Occupation
- Information Technology / VMware - Cisco
- Country
- Belgium
- Gender
- Male
- Trading Style
- Swing Stocks, Daytrade indices
- List of Markets Traded
- Euronext Stocks, FCE / CAC 40
- What method do you use to Trade?
- Stocks on margin, FCE future
- Trading Experience
- 1-2 Years
- Trading Work Status
- Part-Time
- Preferred Trading Style
- Scalper
- Day Trader
- Preferred Trading Methodology
- Candlesticks
- Chart Patterns
- Price Action
- Retracements
- Technical Analysis
- Volume
- Preferred Market Regions
- US
- Europe
- Preferred Markets
- Indices
- Preferred Trading Instruments
- Futures
- Preferred Forex Currencies
- USD
- GBP
- EUR
- CHF
- JPY
- Preferred Stockbrokers
- Interactive Brokers
- Preferred Futures Brokers
- Interactive Brokers
- Preferred EOD Data Providers
- ProRealTime
- Favorite Trading Books
- Plenty of trading books out there to teach you all you need to start demo.
Experience can't be learnt through books though to craft your future oneself edge.
Signature
"Do I want to earn or loss money ?"
If I want to earn money, I will sit on my hands most of the time and shall wait this A+ setup I am confident with.
As a retail trader, I have a strategic advantage : the choice to not to trade.
Wait for the market to show its stake by rolling on over your chart and trap it decisively.
If I want to earn money, I will sit on my hands most of the time and shall wait this A+ setup I am confident with.
As a retail trader, I have a strategic advantage : the choice to not to trade.
Wait for the market to show its stake by rolling on over your chart and trap it decisively.
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