for newcomers to ASF and young traders who are being taught orhtodox methods, i apologise for my mess
it's a mess that works for me
so, here's a study i've had running for a while that i've updated....it might suit orthodox thinking, that is, it may fit more comfortably within ones own framework
for the XJO + todays updated and active trades....these are positions inline with a method to grab a very large zone play (to the downside) and the negative aspect is that i am short-only in this while trading other things in a more hands-on, moment by moment, completely unorthodox technique.....i've screen traded since 1992
currently, volatility is low and i am reading plays correctly, this is a very good period...soon enough volatility is going to pick up and my average win/loss will come back down...reading when and where is part of my process...for me...as a trader you need to be fully cognizant of your self and your strengths and weaknesses and each part of those is by growth and reacting/planning on the run with those parts...
anyways, onto the study and the play so far for the XJO, by the charts and a simply measuring tool
what cannot be seen within the charts is intent and positioning by the other accounts on the other side of my trades.....that, is the game that a chart can only elude to as a record of business and how the auction is being used
http://www.asiaonthebid.com/showthread.php/236-XJO-other-studies?p=1010#post1010
a trader must back him/herself ....and these are just words on a screen..... interpretation speaks of the interpreter in ways, they themselves, may not appreciate.....
price is not boxed by method
all everyone has are...... ideas