YM one minute chart wave analysis

[starfill]

YM started wave 3 on one minute chart?

[starfill]

this is a near hourly chart for Ym.

[Soultrader]

Hello starfill,

Could you elaborate on this? How would you use this information into your trading? Thanks

[walterw]

Hi Starfill, could you tell us whats the indicator you have on the lower pane of your chart ? cheers Walter.

[starfill]

this is an entry point I shorted.

[starfill]

current 3 minute YM chart

[starfill]

Originally Posted by walterw Hi Starfill, could you tell us whats the indicator you have on the lower pane of your chart ? cheers Walter.

Dear Walter,

I started to use my stock trading method to trade YM. still learning.

the lower indicator is one I wrote in Amibroker. I modified stochastics to reflect relative price high and low in different time cycle.

the stock market and YM futures apparently has different vibration cycle so the time period is different.

I am trying to apply Wave theory and moving average system to YM.

I did catch the recent move as shown in the attached chart.

[starfill]

Originally Posted by Soultrader Hello starfill, Could you elaborate on this? How would you use this information into your trading? Thanks

Dear Soultrader,

I basically combind moving average, wave theory, chart pattern, and different time cycle to predict the price movement.

It is complicated to elaborate but I will post more charts with note if you have interest since it will be easy to understand.



Thanks

[walterw]

I dont know if you plan to share your formula, but we can code it to TS... cheers Walter.