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Breakout - I was just curious. Did your strategy generate a signal at around 11:42? Looks like it produced a couple points? Also, again at 12:24

I see your point.

Thanks. I will explain what I actually did shortly. I am not good at getting them on a chart quickly like you. Just explained above.

Stop 1009.50 Target 2 Points hit successfully. On this trade, I moved my stop to B/E. Then once price went thru 1005.50 I moved my stop to 2 lock in the 2 points. I think my original stop was pretty close to yours Breakout.

Pre-Open. I would not normally do this, however, I did get a strong signal. Only risking 2 pts. Moved stop to B.E.

As a result of my continued backtesting, I will be making another adjustiment in an effort to "fine tune" my strategy. I will be using both the M1 and M3 charts. I have found that I can more effectively filter my decisions this way. Only difference will be that some trades will be based on high...

One trade taken and lost. -2 Week to date. I attached the chart to go along with my ramblings. I am still getting used to watching the 3M chart. Today there was not very defined movement for a long time. I saw a long signal at 13:15 but did not take it. It did produce a nice move of 6 points...

Thanks Woody. I agree. I was looking for long signals today, I just got two signals back to back and that's why I took it. Pretty idiotic.

SL 1006.25 Target 998.25 I will move my stop to BE as soon a I can on this one. Two consecutive signals generated. Let's see what happens. I am now out of my misery. Stopped out. -2 Should not have tried to fight it.

There was a sell signal generated at 15:09. A VTDT, Double Top. I did not take it because I believe the entire trading floor at the CME has fallen asleep.

There were no signals generated during the steady climb this morning. There was weak VTDT signal generated at 11:51. This sell signal was not taken because: 1. First signal against a very powerful move up. 2. The MACD began to move sideways as the signal developed (this is what I meant by a...

Good morning to all Idiots.

In a short time after starting this journal, Breakout and other more seasoned traders, brought to my attention that my risk/reward ratio needed attention. Funny, I always realized this was an issue, but never took the time to fully evaluate the alternatives. (Guess I am already getting benefit...

I have 5 types of trades that I enter on a subjective basis. I nicknamed my trading system VisionTrade for no particular reason. I named the trades to make them easier for me to remember and because I am an idiot. Here they are: [list=1] VTDT - VisionTrade Double Top VTDB - VisionTrade...

My journal is titled "Chronicles of an Idiot". This is the tiltle I gave to my own personal journal which is all about me learning the great art of becoming a good trader. I like to laugh a little on the journey and not take things too seriously. But make no mistake, I am very serious about...

I think that 71% number will be lowered as the journal grows. The backtesting I did was around 66%. Figuring real time jitters, etc. , I am guessing this number will come in closer to the 50% like I have been advised by others more knowledgable than myself. I do have another idea which I am...

Thanks. Good idea. I will work on this.

I would think the divergence is much stronger if a lower low is made on price, yet a higher low on the stoch indicator. If one would study this compared to price making a traditional double low, my guess is the signal would be much more reliable for the lower low over time. May be a good way to...

I tried to post a excel spreadsheet with the records of the trades in it. Too Big. I copied it to a word doc. Still too big. The word doc is only 432 KB, but I guess it will grow as time goes on. Any ideas how to make this available. I wanted to keep the success rates, P/L etc in the...

Meant to say thanks today, things were a bit hectic. Have you read thru my trades, any suggestions about risk/reward.