Range Bars vs Tick bars

[tony1d]

Now i know i must be an idiot, i see the second part of the process but i cant locate the first part, with the editor and rapidshare as to how to upload the chart.

[tony1d]

Walter, i found it. I was looking at quick reply vs post reply...thanks i'll figure it out...

[tony1d]

My first time posting a chart... hope it works... I played with 1 point ES range bars today and if you can see the chart, you'll notice we had a fairly "markets in balance" day. We moved out of value twice and it was rejected back in value areas (blue lines) Purple and red lines are pivot points. There were only a few opportunities today. You'll notice the range bars clearly show support and resistance. R1 (top red line) was a good short back into value and the 80% rule worked as the locals drove it down to the lower value area. That was the best pplay of the day, 8 points i'll take any time. I would have taken the breakout above value to R1 but miight have only gotten a point or so out of it. I'll continue to try range bars, i like the clearly defined patterns and you'll notice much less "noise" I am not a fan of trading in the value areas so i sit onmy hands a lot. I'll keep you posted.....

Tony

[walterw]

	Quote:	tony1d
	Now i know i must be an idiot, i see the second part of the process but i cant locate the first part, with the editor and rapidshare as to how to upload the chart.

jajaja... now you already have 10 % IQ Tony ¡¡¡ jejeje.... nice charts there Tony, keep them coming... I see you are playing the Value areas levels... How would you use CCI on your trades ? cheers Walter.

[tony1d]

A little bit of Woodie and a little bit of Dr. Bob. I'll play a 50CCI (bars) cross of the 0 line and price crosses the 34 EMA at the same time. (countertrend so i dont take them all) and i'll play the 14CCI (white line) trend trade on the hook back representing a pullback from the 100 or -100 line across zero. Those are pretty high % trades. Of course if price is in the value area, i trade completely different. Value area rejections, 80% rule, or i wait for other timeframe players to enter the market on a breakout. I also have 2 other timeframe charts not listed. One is an 89T chart with regression channels and a M/A and a 15 minute chart for longer timeframe reference. I'm liking these range bars...