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Showing posts with label DayATR. Show all posts
Showing posts with label DayATR. Show all posts

Wednesday, January 13, 2010

Cable 1 DayATR move

Mean lines are stacked up nicely. Break out to 1 Day ATR target on a strong day.

Wednesday, December 30, 2009

EU short

It's below last 3 days' means. Target is Day ATR from yMean.

Monday, December 28, 2009

UJ looking for 72pips move

It is a slow day, so far. Looking for Day ATR move away from the mean of 22nd December.

Tuesday, November 10, 2009

UJ Sell


Been selling USDJPY for last few days and today is another attempt.


Expected move is 1.00 (cycle high to low) if it breaks lows of prior days.


Tuesday, November 03, 2009

Tuesday, October 20, 2009

Capturing 1 Day ATR move




I am now concentrating on capturing major portion of Daily ATR (average true range).


The logic is that - they must move Daily ATR, so why not ride it out.

It would make a trader 'A' class to capture 70-80% of Daily ATR with consistency.

On the charts shown, daily ATR is marked with blue boxes whereas entries are marked with yellow arrows.

USDJPY was left with nothing much as it did come back to entry point; however, GBPJPY hit the target level.