Monday, December 3, 2007

Indicator settings

Another post from Tradestation forums dated Nov 19th, 2007

Here are the indicators I use in my trading. I also use a 3 minute and 15 minute chart. On the 3 minute chart, I have also added the 15 minute EMA, and on the 15 minute, I have also added the 60 minute EMA. I added them so I can see the potential support and resistance that they provide.

One of the nice features I've noticed about soybeans is how smoothly the market moves, with relatively little market noise compared with some other instruments. I also like that there is often a very active trading market during the evening hours in my time zone. This chart, for example, is for TONIGHT. Note how active the market is this evening. This is NOT atypical.