Market Wipeout before US Open today

[bltdavid]

@marcus

Next thing you should never do is install fast data series (1 second, 50 tick, etc). I will give a simple example: if the trend is long (but you don’t know it) then you will get a lot of “short” signals in your fast data series. But most, if not all, will be in reality pullbacks before the trend continues to go long.

I think you may have misunderstood.

You don’t use fast data series for entry signals.

I’m suggesting it could be useful to deny other entry signals, because the fast bars are moving too fast (and/or are too large, etc) for comfort.

[marcus]

@bltdavid

I’m suggesting it could be useful to deny other entry signals, because the fast bars are moving too fast (and/or are too large, etc) for comfort.

I don’t know if I misunderstood you, my point is that 1 second and 50 tick signals generate so many fake signals that they have no value at all. They jump up and down no matter what direction the market is going. Randomness increases when reducing the timeframes. And randomness means NO direction, which is just the opposite of what you are looking for.
1 second and 50 tick signals can only be useful if there is a clear direction in higher timeframes. Then you can use them to pinpoint your exact entry/exit point. If there is a direction in the higher timeframes, the risk of a fake signal is hugely reduced.
But what you propose is just the opposite: there is no clear direction so you watch at 1 second and 50 tick signals to find something that you don’t even see in higher timeframes.

[Bill]

You are totally reading Trumpf correctly. His father fled Germany so he wouldn’t have to fight in the war and the Trumpf family avoids military service especially in time of war esp war of choice. 1.4+ trillion in Crypto currency in his first year of 2nd term. Kushner licking up billions too. Most corrupt so-called president in history. I’m not a liberal, it’s just true. Long live the king.