The annotation on the chart says it all. I hope some of you took this trade.
MG
Subscribe to:
Post Comments (Atom)
About Me
- MGTrader
- I have practiced Functional Medicine for 30 years. It is something I love and am passionate about. I have been an avid Day Trader for the past 5 years. It is a serious hobby for me (with benefits). I am equally passionate about trading. The focus of this blog is on Auction Market Theory. In my posts, I share my observations, analysis and charting ideas. Please remember, I am just a student like you. Don't believe anything I teach here. Check it all out for yourselves. Discover what works for you. It is my pleasure to share this blog with you.
Glad to see some more marketdelta blogs, keep up the good work. Looking forward to read your future posts.
ReplyDeleteThank you MG. Really appreciate your posts.
ReplyDeleteThanks MG for the nice blog. You mentioned you filter trades >20 in 5 tick reversal chart. Are you doing the same in other charts?
ReplyDeletedk
DK,
ReplyDeleteI follow Dr Brett's blog (http://traderfeed.blogspot.com/) closely and he has had some recent posts on Big Money and the importance of knowing what they are doing a key reference areas. He spoke about setting his footprint charts to >20. I have been watching this for several weeks now and it works really well. I don't really care about the small fry volume (like you and me). I have 3 footprint charts of the ES and all are set to >20.
MG