is that works?

[shahram2611]

i have seen all indices of us in most of the days go together in green or red with few exception.
is this stategy works that we sell dow and buy nasdaq or s&p.
with proper stop/loss we can be in green most of the days.
any1 ever tried?

 

[DeadMoney]

I have not been trading for a little while, but I am about to start again with that basic system.

watch the NY, Dow, and Nasdaq, and S&P index, when they are all going up I will buy and when all going down I will sell. planning on trading the ES to start.
I also want some kind of volume indicator so I can stay out of trades when the volume in light.
the last thing I am going to work on is the time of day,
for example not trading after 11:45am EST.