Anek, have you found the NQ better to trade from a trend perspective rather than the ES? Seems like the ES was way choppier today than the NQ. Is today typical from that respect or does it just vary from day to day which index will trend better. Are you going to stick with the NQ or go back to...
Anek, when you take a double bottom play (close above the high), do you use a break of the double bottom as your stop. Also, when taking a break of a symetrical triangle, what do you use for your stop, is it the other side of the triangle?
Piscuy, I'm only trading one car for now. Price did not make a lower low, but did come back to my entry( after I exited) and then continued to the high it is at now.
Billy
Anek, I'm also trying your method and having good results. The biggest thing I struggle with is how far must a trade go in your favor before you move your stop to breakeven. For example, today I entered a trade in the ES that went plus 2.5 in my favor. My stop, based on s/r was below my entry by...
With Tradestation is it possible to "scan" for stocks that meet certain criteria(I know they have Radarscan), but I mean something after market close for stocks to trade the following day? It seems I see different trading courses that will enclose software code to help do this.
Are there any trading platforms that will execute trades automatically based on a specified indicator setting. For example buy 1000 shares of xyz when the 14 period rsi hits 25 or sell xyz when the 14 period rsi hits 85?
Thanks, Billydakid