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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures

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To: Chip McVickar who wrote (25956)6/23/1999 5:28:00 PM
From: SE  Read Replies (2) of 44573
 
I actually use a lot of variations....sometimes scalping off the one minute, or trading off the 5 or 10 or 30 minute for longer trades. Most my fork work is off of 30 minute charts with the 5 minute for entries. My main system is up on a 10 minute chart.... and occassionally I look at a daily to get a bigger picture.

Trin and TICK have their own characteristics to trade off of. One way to trade the TICK is when it is down a bunch and recovers to the zero line, go short for a quickie scalp short. Or if up a bunch and comes back to the zero line, go long for a quickie scalp long. You can set up ranges on the TICK and trade those......or moving averages. I have a 50 period ma on the one minute bars and watching the action as the TICK approaches that can get you long or short.

You have done well with the forks alone...why are you adding complication to your life? Find something that works for you and stick with it. :)

-Scott
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