nickMO

[TimAlerts] $VVUS waiting for the news before I do anything, too risky to jump on this one without catalyst

RalphaDog

[TimAlerts] yeah I think im gonna resist and stay away from GBSN now although it might still have some steam left

Received 3 Karmas
nickMO
1
nickMO Dec 27, 15 7:30 PM

Just read all of these...Awesome dude! I like the way you trade, charts are very informative and creative as well. Thank you for posting this. How many days do you usually set your ATR to?

thederektaylor
thederektaylor Dec 27, 15 8:26 PM

Hey @nickMO, thanks for the comment! Really appreciate your great feedback. The ATR is usually 14 days. It's a general guide for finding volatility, but some parabolics may have a low ATR because they barely moved in the weeks beforehand. I've found the best plays are at least >0.25 and ideally >0.50.

nickMO
nickMO Dec 27, 15 8:37 PM

Great thanks Derek that helps for sure. Keep up the good stuff

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