Patience, patience, patience scalping index futures on US markets

Another session of US day trading the indices, where patience was required, and one where setting levels for possible entries was key. It was no surprise to see the index futures move sideways ahead of the FOMC minutes due up later in the session, so patience was the watchword. In such markets, moving to a faster timeframe is key and with NinjaTrader this is easy to do below 1 minute. It is also an excellent approach to hone volume price analysis skills in fast moving timeframes where candles build quickly. The lessons are the same, just the speed of build which differs, but the principles of volume price analysis can be applied to any market in any timeframe!

By Anna Coulling

Charts from NinjaTrader and indicators from Quantum Trading

About Anna 2016 Articles
Hi – my name is Anna Coulling and I am a full time currency, commodities and equities trader. I have been involved in both trading and investing for over fifteen years and have traded many different financial instruments, from options and futures to stocks and commodities. I write and publish articles ( mostly for free ) for UK and international publications on a wide variety of financial issues, and in particular I enjoy helping others learn how to invest and trade.

Be the first to comment

Leave a Reply

Your email address will not be published.


*


This site uses Akismet to reduce spam. Learn how your comment data is processed.

» CONTACT ME