Trading lesson from Mile 22... less crowded ideas

What makes a good trading idea? Your imagination

The best trades in the live trading room are “less-crowded” trades; i.e. trades based on ideas many other traders are not aware of leading to reactionary movement in price as traders are caught off-guard.

Some examples of less crowded (and profitable) ideas we have come up with recently include:

  • Moves off VWAP in the AUDUSD when VWAP calculations commence after high-impact data events
  • The closing of gaps in the AUDUSD using low setting tick charts which are not visible in more commonly used chart settings
  • The long liquid lunch trade in the AUDUSD on Friday afternoons (see the previous video)

Click on the play icon to watch the excerpt from Mile 22