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Old 07-27-2009, 10:22 PM   #9

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Re: What Would Have Been a Good Way to Trade Today (monday 7/27)

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Originally Posted by UrmaBlume »
We use biases from higher time frames to keep us out of trouble and in opportunity regardless of the speed of the market.

In a previous post on bias based trading I have described how to formulate such indicators of bias.

Here is a shot of the last 5 hours of trading in today's (7/27/2009) ES. Times are PST.

Urma,
I have been looking for a nice chart like the one you showed today to Trader Foo.
I have Trade Station but I have never seen that chart. Did you set it up or is there a canned chart area that I am missing?
If you made it would you be willing to share?
Thank you,
estate1997
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Old 07-27-2009, 10:56 PM   #10

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Re: What Would Have Been a Good Way to Trade Today (monday 7/27)

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Originally Posted by estate1997 »
Urma,
I have been looking for a nice chart like the one you showed today to Trader Foo.I have Trade Station but I have never seen that chart. Did you set it up or is there a canned chart area that I am missing?If you made it would you be willing to share?Thank you, estate1997
Here is a link to a thread on this board that I posted as a primer on how to formulate such an index of weighted biases.

http://www.traderslaboratory.com/for...ases-6400.html
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Old 07-28-2009, 12:41 AM   #11

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Re: What Would Have Been a Good Way to Trade Today (monday 7/27)

thanks to everyone for the thoughtful posts. much more advice and helpful info than i expected.
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