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Re: Morning Breeze Strategy
Hi James
I hope you're feeling better by now. Yes I take the bar from 9:15-9:30
Torero
100 tick charts sounds like a good idea to me. I use 15 and 5 minutes charts for backtesting The more accurate you can gauge momemtum, the better will be. Feel free to add any input.
Remember, the core of this strategy is momentum
I want you guys to really backtest this strategy to the extreme. Take your time
Think about this: If all your trades can be done in 1/2 hour...instead of waiting the whole morning /afternoon bitting your nails hoping to see if the market cross over/bounce any significant level. In my opinion it will have a significant impact on the emotional side of trading. Plus will make you $$$$$
That's why I want you guys to backtest it real good. Make sure you know what you're doing.
Overnigth trading simply put is money for us to be taken. But you have to be fast.
see you guys in the morning
Raul
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