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Ahhh, that makes sense. :D

Just curious how you sold 78.00 when the HOD is currently 76.50? :confused:

Long ES 1373.75, Stop 63.75, Target 83.75. Talk about "buying the highs"...ugh. The actual open was 73.50, but I gave up a tick being slow on the click. :p I find it rather interesting that we opened at the same price as yesterday, after closing at 63.75, and then testing the 60 area.

Thanks for your post, and yes I am a stubborn type. I think I have made it abundantly clear that I do not plan to trade this system in it's current form with real money. Short-term results have been positive, long-term results have not. What I have been looking for, and the reason I...

Sorry bud, but it's only sim liquidity. The real money is being traded a bit differently. :)

Okay, rough numbers here, mainly because I am too lazy at the moment to do the real math. And I've had a couple of drinks...:p This system is plus approximately 90 ES points (after commissions, which cost me ~ $4/roundturn) from the beginning of 2012. There has been substantial drawdown in...

Thank you for your suggestion, I have been looking at using the overnight open instead of the RTH. It seems that all the action is in the ETH session now, probably due to it being easier for the major players to move the market when most retail traders are sawing logs. Guess I'm gonna...

Thanks for your suggestion, but how many down days should I wait for? Two, five, ten? It's a rigged game, and I certainly don't know which days will be up or down. Anyone who does is probably on a remote island and not posting here on ET. I started sim trading the system and posting results...

It probably will, just not today...:D Nice trade Volente!! :p

I actually began trading in 1999. I have gotten down to a couple of setups that are profitable, after trying for years to find the Holy Grail. This system was something that I figured was worth exploring, and limited backtesting showed profitability. BTW, I checked out your 2012 Journal...

I know, right? Only easy when trading a bull system in a bear market...LOL!! :p

Stopped out at 63.50 -10. Cumulative P/L= -20 Interesting that the market rallied on the news at 8:30, then dropped like a rock after the open. So much for the "strong" retail sales...:eek:

Long ES 1373.50, Stop 1363.50, Target 1383.50. :cool:

The ES appears to be set to open above the 4/13 close of 1365, thanks to the positive retail sales numbers at 8:30. Looking at the longer term (Daily) trend, 4/12 was almost a perfect 50% retracement from the high on 4/2 of 1417.75, this was followed by a major selloff on 4/13, and would...

Thanks for the feedback, it is good to hear different perspectives, which is why I started the thread. I am still working on manually backtesting a longer time period, and have found so far that after commissions the expectation is pretty much flat. The market has been in a bull run for...

That's funny right there... :D

Covered ES Long at 1370 (Stop hit) minus ten points. Cumulative P/L: -10.00 We will see what Monday brings...

Okay, so it's your opinion based on your experience that it won't work. I was hoping you had actually backtested for a longer period than I have to support that statement.

What period did you backtest to come to that conclusion? The simplicity of the system makes the massaging, fondling, etc. irrelevant. The open/entry price is what it is, as are the stops and target and MOC exit. Hence the screenshots to document the price action.

Long ES @1380, Target 1390, Stop 1370. See attached chart with entry. Let the fun begin...