tag:blogger.com,1999:blog-252763673788048829.post5237799555702846296..comments2023-12-16T00:54:52.330-08:00Comments on Nine Transitions: Waiting for chop to endcadaverhttp://www.blogger.com/profile/00205606370921389742noreply@blogger.comBlogger6125tag:blogger.com,1999:blog-252763673788048829.post-72082328563498195192015-09-25T05:23:05.719-07:002015-09-25T05:23:05.719-07:00I prefer to think of it this way: A chop is caused...I prefer to think of it this way: A chop is caused by balanced buying and selling pressure. The further you move from this point in both directions, the pressures should be increasing. Any movement away from the chop should see a significant increase in counter-direction pressure. cadaverhttps://www.blogger.com/profile/00205606370921389742noreply@blogger.comtag:blogger.com,1999:blog-252763673788048829.post-52894903037404409112015-09-25T05:20:13.188-07:002015-09-25T05:20:13.188-07:00Yes, chart trading is a ninjatrader featureYes, chart trading is a ninjatrader featurecadaverhttps://www.blogger.com/profile/00205606370921389742noreply@blogger.comtag:blogger.com,1999:blog-252763673788048829.post-6752477355640571832015-09-25T05:19:46.694-07:002015-09-25T05:19:46.694-07:00YesYescadaverhttps://www.blogger.com/profile/00205606370921389742noreply@blogger.comtag:blogger.com,1999:blog-252763673788048829.post-43386756910794440252015-09-24T21:31:18.355-07:002015-09-24T21:31:18.355-07:00Hi NT,
I saw that you have been using ninjatrader...Hi NT,<br /><br />I saw that you have been using ninjatrader and trading from chart using the line technique to place entry, stop and profit orders. Is this something that is available by default or you developed it? I am trading from India and I think something like this will massively help me. <br /><br />Thanks in advance.Anonymoushttps://www.blogger.com/profile/01075933406422667490noreply@blogger.comtag:blogger.com,1999:blog-252763673788048829.post-51865279843920414532015-09-23T09:46:14.623-07:002015-09-23T09:46:14.623-07:00"When the chop ends, the initial move can usu..."When the chop ends, the initial move can usually be faded. In today's case, the initial move was a continuation up, which resulted in a large down move. If on the other hand, the move had been down, we would probably see a trend break up "<br /><br />Is this theory based on the "magnetic pull" of the chop/OL? Price gets pulled back into the chop/OL.TDhttps://www.blogger.com/profile/08930456805829245233noreply@blogger.comtag:blogger.com,1999:blog-252763673788048829.post-62703380449547918862015-09-23T09:25:40.177-07:002015-09-23T09:25:40.177-07:00Hi Cad,
for the 1W on b15, did you reset the count...Hi Cad,<br />for the 1W on b15, did you reset the count on that b4 OB?TDhttps://www.blogger.com/profile/08930456805829245233noreply@blogger.com