Matador Trader

Asian Session

I have tweeked the Keltner settings to 45 periods. The reasoning is that it clearly shows price exiting and moving away from the channel during a strong trend move.

Based on experience, I know that the more reliable trade is the pullback-continuation. In the case of this system, (1) wait for price to exit the Keltner Channel, then (2) wait for price action to pull back into the channel –> (3) enter on a break of the previous swing low ( in this example).

I was not at my desk for the first setup but was able to catch the second one.

As always, let me know if you have any questions.

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4 responses to “Asian Session”

  1. John Avatar
    John

    Hi Matador,

    Is it possible to recreate this chart in Ninja? Enjoy your posts on the blog and twitter

    Reply
    1. TheMatador Avatar
      TheMatador

      I have not touched ninja trader in quite a while. It chocked on me one times too many and I walked away and never looked back.

      So to answer your question – I am sure if you put in the time you could recreate this template, its just I do not know how.

      Reply
  2. BSuter Avatar
    BSuter

    Hi, it doesn’t look like ADXMA is on here – are you still using it as part of this system? TYVM

    Reply
    1. TheMatador Avatar
      TheMatador

      In my humble opinion you should absolutely use the ADXMA – it will keep you out of trades during choppy sessions. I removed it and I paid the price!

      Reply

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