Timing Alternatives

[walterw]

Hello my dear fellow traders.... this will be a simple thread where I will start to discuss some of the simple timing methods I use and have in consideration...

Its no brainer and its nothing new at all... but may be very nice to give some light for newbies in terms of how to organize their "click" moment...

Timing for me is the click moment when you press you mouse button and send an order on your dom... trading soft etc...

but timing can also be more than that, its your straregy of "when" "where" on the entire price action picture you do enter a trade... thats an entire arena that will depend on the type of strategy you will trade...

In this little compendium, the idea actually is to give some hints on how to enter a trade based on x simple criteria... previous to that you actually need a setup... I am NOT discussing setups on this thread at all, just diferent type of timings that you can use "After" an x given setup...

so there we go.... I am not being 100% active as before, so be patient for answers in case of questions.... cheers Walter.

[walterw]

Markets are permanently doing "pivots"... that famous "V" shape... so you can use those V`s to organize your timing moments...

For example lets deal with two scenarios where we can take two diferent types of timing methods :

1) The Pivot Swing Timing



in this case you enter a trade with the criteria of swinging an x pivot... some kind of a break trader...

2) The Pivot Inflection Timimg




In this case you are timing right on the V formation actually, you can use averages crossing themselfs or oscillators crossing levels like I use to do with cci... ( you may want to check the flip thread, lots of cci timing examples there)...

So those are two types of timimg methods you may use acording to your strategy needs... cheers Walter.

[Soultrader]

Thank you very much for starting this thread Walter. I am very interested in the various timing methods traders use to enter trades. $TICK is one of them for me but I also use the 10 period CCI on a 5min to time entries. Will look forward to reading about your techniques.

[Nick1984]

Wow lol long time since i posted up here! I'm not an afficionado on indicators so can you explain how an oscilator like the CCi differs from the MA crossovers? I understand the MA crossovers and used them like almost everyone when I first ever started trading but quickly found them to be lagging so dropped them except on my long term swing trades.
What are the advantages of using your timing with a CCi?

[Soultrader]

	Quote:	Nick1984
	Wow lol long time since i posted up here! I'm not an afficionado on indicators so can you explain how an oscilator like the CCi differs from the MA crossovers? I understand the MA crossovers and used them like almost everyone when I first ever started trading but quickly found them to be lagging so dropped them except on my long term swing trades. What are the advantages of using your timing with a CCi?

I use CCI hooks to wait for price retracement. If I see a long setup I am reading price bars and volume but will have a tendency to wait until the CCI is hooking upwards. (similar to how I use TICK) I use CCI only for this purpose.

[walterw]

	Quote:	Soultrader
	Thank you very much for starting this thread Walter. I am very interested in the various timing methods traders use to enter trades. $TICK is one of them for me but I also use the 10 period CCI on a 5min to time entries. Will look forward to reading about your techniques.

	Quote:	Soultrader
	I use CCI hooks to wait for price retracement. If I see a long setup I am reading price bars and volume but will have a tendency to wait until the CCI is hooking upwards. (similar to how I use TICK) I use CCI only for this purpose.

I asume James you are using the cci hook at the end or almost at the end of the bar... is that the case ?


cheers Walter.

[walterw]

	Quote:	Nick1984
	Wow lol long time since i posted up here! I'm not an afficionado on indicators so can you explain how an oscilator like the CCi differs from the MA crossovers? I understand the MA crossovers and used them like almost everyone when I first ever started trading but quickly found them to be lagging so dropped them except on my long term swing trades. What are the advantages of using your timing with a CCi?

NIck in terms of average crossovers, not any regular averages... I use a combo of hull with sma... you also have the vma aproach as well...

cci can be leading and readings can be very simple... but the final product is very similar...

Remember that if the setups concepts are not the right ones, even on good timing methods you will lose money... you first need good setups and then implement the timing method that suits your personality... cheers Walter.

[robb]

Thanks Walter and Soultrader...could either or both of you post a pic of an entry showing your timing. It would be good to see the CCI and $Tick...

So is the CCI (or $Tick) signalling the end of the retracement?

[brownsfan019]

Another idea Walter that kind of piggybacks on yours is to use simple support/resistance areas. For example - as price breaks a level, look for a reason to either go with the break or anticipate a false break.

Here's an example from today:



Here you can see an obvious box from the open till about 10:50am.

And then blast off on the 10:51 candle that breaks the zone like it wasn't there.

As the saying goes - old resistance becomes new support.

[brownsfan019]

In the example I posted above, if you waited for a test of the old resistance/new support level, you'd be up a nice little profit currently.

Entry: approx 1371
Current: 1378

Idea being using obvious support/resistance zones for reasons to look for trade - either on the break OR level being held and then use whatever you use to time your entries. Here, good old candlesticks gave us at least 3 opportunities to get long.