3 ms·
Interesting. The pattern from the 9:30-10:15 range (EST) is a classic Ross Hook 1-2-3 (low) setup [1]. [1] https://oxfordstrat.com/trading-strategies/ross-hoo
by dnm 9y ago
Interesting. The pattern from the 9:30-10:15 range (EST) is a classic Ross Hook 1-2-3 (low) setup [1].
[1] https://oxfordstrat.com/trading-strategies/ross-hook-1/ https://oxfordstrat.com/trading-strategies/ross-hook-1/
- 52-6F-62 9y agoI'll bite, because I could use more insight. As far as I can tell, he references daily bars—to see the effect that you referenced, I had to reduce the bars to ~ 3 - 15 minutes. Otherwise, the pattern looks quite the opposite to me. Am I missing something? If not, could something like that somewhat reasonably be applied to trading at that time scale? Seems like a good way to never get any sleep!
- dnm 9y agoI just tend to recognize the patterns in any timeframe. They're everywhere. If I were a day trader, that was a trade I would have taken, but I don't have the patience to sit and stare at the screen like that all day.