Jan 29 2008

The range bar trading

Published by The Kibbitzer at 9:38 am under Trade of the day, Trading

1-291.JPGWoodie has abandon his 5-minute time bar in favor of his new method, range bar based on price trading, Charlie explained.  The timer is gone, in place is the data box.  The new bar would print only after certain movement in that market.  The bar print could be as short a second or as long as, well, infinite.  So far, his ER is up $12k on two contracts in Jan 2008.  His set up for each is ..

YM at 25

ZG at 15

ER at 15

NQ at 15

GX at 10

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