Karteikarten
Execution Matrix
Karten in diesem Stapel (11)
- 1Definition of good trade location-Fading at a zone
-Near range extreme on range bound day
-Intraday pullback to key ref area on strong directional day - 2Definition of bad trade location-At or near a zone or range extreme
-In the middle of range bound day with no clear directional conviction or bias - 3Today's bias-Is there a directional skew to price action?
-Absence of directional conviction is range bound and no bias - 4Shift in days bias-Rely on where price is in relation to one or more key reference area's to determine which side is in control and if there's been a true shift
- 5When is there sustained momentum?-When the market is able to move easily in one direction in a sustained manner. PA clearly shows large bars in one direction, with retracements being minor sized bars
- 6How does the TICK play into sustained momentum in the ES?-In ES, look for sustained momentum in both price and TICK
-TICK should show a strong skew (+-800 extreme's at least) - 7What are the timeframes used to determine Larger Time Frame Bias?-Short term: 1-4 days
-Intermediate term: 1-2 Weeks, or a very large move. Also multi day patterns like 1-2 week balance break
-Bigger Picture: 1-3 Months or so - 8Which timeframes are most important in determining the larger time frame bias?-Intermediate and Bigger Picture. If both the same (directional or neutral), then clear bias or lack thereof
- 9How do you determine larger time frame bias when intermediate and big picture aren't aligned?-By asking which is most relevant to day's trades?
-For example, ff short and int aligned bullish, then bullish until bigger picture resistance hit. Then go neutral
-If short term break into big picture R, could be bearish
-Neutral means odds not clear which side will win out - 10QR scores4- Must take trade. Pb's to good location in trend days with LTF bias
3- Always take unless very poor location
2- Necessary but not sufficient. Depends on context
1- Only if good location and either a major zone, or market internals showing clear div/disc - 11—
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- Personal Trading Karteikarten am Execution Matrix, erstellt von Aaron Parks am 17/09/2016.
- Erstellt von
- Aaron Parks
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