Hi, newbie here with a few questions

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pktrader
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Hi, newbie here with a few questions

Postby pktrader » Thu Dec 06, 2007 11:09 pm

I've gone thru the site and really like everything here (there sure is a wealth on information here). I currently daytrade the ym & es and want to learn how to use the buyzone strategy. I'm not sure what inputs to use for each, or what timeframe on my charts.
Also, I was considering purchasing TRO's ebook, and was curious if anyone here has, and what they think of it. Is it worth it?
Anyway, any help would be appreciated.

Thanks.

Phil

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eudamonia
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Postby eudamonia » Fri Dec 07, 2007 12:24 am

Phil,

I trade the BuyZones on the emini Russell primarily. My setup for that is +11/-11 ticks, 10 tick target, 12 tick stop.

I think this would translate directly to the YM. On the ES my guess is that you would want a +5/-5 tick zone, 5 tick target and a 6 tick stop. You may need to fiddle with these numbers to get it to work best on your markets.

Edward
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pktrader
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Postby pktrader » Fri Dec 07, 2007 12:38 am

Thanks Edward, that helps a lot.

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