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I am not going to discuss how I use certain setups or where u can find them.

I will be on demo to refine some of the newer strategies, then switch back to real money once I show positive results. Summary for today. 1) Day was trending down and was at new low on CL and ES when I started trading late due to not feeling good. I was looking to sell a LH and placed...

This will be a journal to help me stick with my goals and not over trade. Will be managing a futures account, and may add to that account with investor money. For those choosing to invest with me I will be using IB friends and family plan to manage the account. However, my own account is...

I think you need more objective criteria to determine the % of trend. I am not going to post my charts, but this is a 5 day chart from yahoo on the S&P. http://finance.yahoo.com/q/ta?s=[/url]^GSPC&t=5d&l=on&z=l&q=l&p=&a=&c= Day 1, market gapped down, then trended back up, then chopped...

I wanted to short the high of Friday's close today, but market gapped down plus I forgot to watch when the market opened for Sunday trading. Around 1187.50, we had a double bottom plus this is a support level. I wanted to get more points long here, but only took 1 since we did not have a...

There are ninjatrader support forums on their website. You may want to post there since its a fairly easy strategy.

He obviously already figured it out, this is a very small draw down per his account size. Just let him trade, none of you are much better than him. QUOTE]Quote from FreakofNature: What's the alternative ? FoN

After I put in my stop and target, the trade went with me right away, and I went down to watch TV so I would not move it. In hindsight I should have gone for more profit. But my goal was to just take this trade and win or lose stop trading for the day.

This is both the blessings and draw backs of CL. You can make your profit quicker, but if you are wrong you make your losses quicker. With ES, I could be in a trade for 2 hours just to make a scalping profit, and with CL, I could be in a trade for 5 min. Just need to remember to not over...

I took went long against you and took a small scalp of profit. Hope you don't mind. :-)

If you have that much money to trade, I would suggest currency futures. The benefits. Real volume. Real charts based on actual market feed not broker based charts. Issue with data feed from brokers is that one data feed may show you got stopped out from one broker while another may...

Finally decided to trade with overall trend. We had a pullback at end of day, but market opens around 6:00 pm EST or 3:00pm PST. Waited to see if any news would push it down more, when the market could not go down anymore, went long using magic line with dotted line above to indicate trend...

Looks like I was shorting the HH instead of buying the HL. Easy in hindsight what I could have done.

Good job. I shorted at the R10 which was 1184. I averaged into the trade at 1185.50. I took 1 off at BE, and 1 off at 2 points of profit around 1183.50. Slightly negative for the day due to 1st trade.

Well, I only made a small win today. I got up too late to go long with the trend. I countered traded 1 on ES and 1 on CL. ES went 1 point in my favor, then went back up. I brought stop down and got out around BE or a couple ticks negative. Thought CL was going to respect a previous...

It may work, but the execution may be wrong.

Thanks.

1st mention of money line.

Here is the chart again.

However, on this attachment, we just see a DT, then going short around the 86% fib, but not on a retrace to that fib. So from what I understand, lets assume you get a 1st top. Then, you get a bottom. You use your fib tool to draw fib retrace lines from that top to that bottom. Now a...