Recent content by Beezer-1

Tobo-Fisher, I'm looking forward to seeing more of your journal. Although I am still paper trading, I have a weekly target of 10 points on the NQ. If I can keep that going for three months, then I will start live. So keep on letting us know how you are doing. It's inspiring for me :)...

I guess this journal never quite got off the ground. However I'm interested in following, if you decide to pick it back up. I live in California, and these past two weeks have been staying up at night and paper trading the London open. Schedule-wise Europe's open works best for me, and the 6E...

My thanks to all of you. These are exactly the types of thought-provoking responses that I needed. I am serious about making trading work, and that’s why I want to model my habits after successful traders. Because I am a night owl, and my day job starts late and ends late, I have decided to...

Guys, I have a fundamental issue with my trading that I need some help with. The issue is that I live in the Pacific time zone, and I’m not a morning person. When I wake up early, I am usually groggy and definitely not in peak condition to trade. At this point I am totally willing to...

NQ seems to be the trendiest / most volatile of the bunch to me.

Just wanted to say thanks, guys. For both the insights into the ES as well as suggested alternative markets to look into.

Cany anyone suggest any futures markets that has these characteristics? Or perhaps FOREX pairs even? I have spent some months trying to get things to work with the ES. Although I haven't met disaster or anything like that, I would welcome a change that better matches my current pace.

There's an indicator called Zig Zag that does what you are essentially looking for, or else something close to it. http://www.onlinetradingconcepts.com/TechnicalAnalysis/ZigZag.html You can probably find the code for it in whatever platform you use for your charting. Hope that helps.

By "the Tradestation Matrix having funky logic for limit order fills", I mean in the simulator version (which is what I'm using). If the live market version of the Matrix put my limit orders at the front of the order queue, then I wouldn't need to be practicing this in the simulator first! :P

A followup question for you Don: What order types do you use for entry and your different types of exits? I'm trying this strategy out in the Tradestation Matrix, but the logic it uses to fill limit orders is not quite accurate (it assumes your limit order is at the front of the order...

I want to thank DonKee and the thread contributors for a very helpful and motivational thread. I first noticed this thread about a week ago, and have been trying it out by backtesting it over the past couple of months of data. For sure, my backtesting is not entirely accurate (scratches, etc)...