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Re: Smoothing out price
Walter
I still trying to digest this new stuff. I traded to day with just a couple of contracts, only using the bar repaint as an indicator and it worked like a charm.
Actually I sold YM @13913 and I got out with a minor scratch as the bars repainted to the other side (bullish) I closed my position and went long @13921 with the idea of capturing 20 ym points. If you notice what I really did was to buy on the pullback as the market sold off today. It reached my target and actually went up to 13957 area before reversing. That would be a cool 36 points if I stayed on the trade before the bars re-painted again.
I even could got away with a tight stop on the reversal. Stop - 13957 Entry 13946 and I would get the whole sell-off......just looking at the bars
At this point sincerely I don't know what to think.
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