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20/02/10
21:22
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Some may noticed i occasionally watch some US day trading action.
Ive noticed some changes in his thoughts lately that could be useful for us.
Ive taken some point on his more recent videos.
- SPY lacks volume across the board.
- Bots dont care about moving averages however seem to be responsive to the stochastic indicator.
- His talks about swing scalping. A term he uses to describe a longer term view. ie a few more days.
- uses 1/3 of his average parcel and takes about half off the table when his in front.
- he sits on his hands in the first 1/2 hour and watches.
He ll only let price action and volume dictate his trading action.
- his trying to adapt his trading techniques to accommodate bots. ( hints at stochastic as a key).
sgomez858
Im sure there are more points to outline but these are the ones i picked up on.
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