Kreslik.com - traders community since 2006

No I have not used stats like that. I have studied price action/market structure for years so I mostly use my mental stats. The actual stats would probably be useful tho. I use the tools you see on my last chart and my brain computer plus I use a tactical order placement and exit strategy.(that mea...

TRO002.png Have you tried looking at the frequency distributions of the range? Knowing when the statistics are on your side for the range to exceed a threshold can give you an edge - knowing when to trade and when NOT to trade. Some days are better, statistically than others. No I have not used sta...

TRO002.png Have you tried looking at the frequency distributions of the range? Knowing when the statistics are on your side for the range to exceed a threshold can give you an edge - knowing when to trade and when NOT to trade. Some days are better, statistically than others. No I have not used sta...

Yawnisphere is a great name. I learned HTF techniques also and applied it to the fractal nature of the lower TF charts. Intraday trades is what I do 90%+ of the time. It is interesting. When I was trading OPM, I was perfectly happy running HTF tech. Now I work for myself, I can only ever see myself...

It's been a fallow period over here for a while due to various away-from-trading doo-dahs going on and apologies for that. However, coming out the other side of that now and going forward, I will once again be looking to run some longer time-frame charts. As most will know, I am primarily very much...

TheRumpledOne wrote:How are you using ATR(14) in your trading decisions?

At a glance the market might look like it moved 100 pips but in reality it was only 25 pips. The ATR gives an idea of volatility with a quick number.

EUR ATR was about 3 before now it's about 8 so movement can be expected to be more or faster.

another by the book:
20 sma up slope
candle bias green
measuring tool for targets
entry is somewhere in the yellow box

By my Book trade:
20 sma sloping down
candle bias red
measure tool for target(s)
entry was somewhere in the yellow box

Follow-up Trade
20 sma sloping down
50% retrace
Support area becomes Resistance area
Short somewhere in the yellow block

Simple trade based on:
20 sma sloping down
50% retrace
Support becomes Resistance
Short somewhere in the yellow block