I would like to thank everyone for checking out my thread. I am suprised by the lack of constructive input. the caliber of posts reinforces my belief that there is a specific reason why %95 of traders fail. Another suprise is the most popular threads have nothing to do with trading. They have...
Made several mistakes today by not waiting for bar close to initiate position. As a result there were two stopouts on the YM for 100 points and a russel stop for 30 points. still ahd a positive day due to the excellent trending today.
Thank you for your interest. The reason I like the CCI system is that it allows one to actually focus on several markets at once and take the intraday trend that develops in any of them. Since the CCI system is purely mechanical as traded in woodies room I can actually use the CCi system as well...
Keeping up with multiple markets is a challenge. i added the es to the mix. The russel seems to be the best market so far for this system but the markets are always changing so we'll see. The es and the Nq have not reveled their secret to me yet but I'll get there. The YM is as buggy as ever...
I became frustrated with several failed setups and stopped for the morning. I picked up in the afternoon with better results. The morning was choppy and my setups were not working. Also I was irritable and tired so I stopped trading and took a nap.No signals or trades on the YM. Had two winners...
Took a two short trades in the afternoon. The first was a rogue short that broke support and then bumped off overhead resistance. the second was a straight ZLR.