We already had ADX over 40 and DI-> DI+ in the moning, so the trend is down, After that you just trade in the direction of the trend. You will not get ADX > 40 more than twice a day. I will write in detail after close.
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- Thread starter garage sale
- Start date
We already had ADX over 40 and DI-> DI+ in the moning, so the trend is down, After that you just trade in the direction of the trend. You will not get ADX > 40 more than twice a day. I will write in detail after close.
Quote from garage sale:
We already had ADX over 40 and DI-> DI+ in the moning, so the trend is down, After that you just trade in the direction of the trend. You will not get ADX > 40 more than twice a day. I will write in detail after close.
We are looking for short opportunities only unleass we see ADX>40 and DI+ => DI-, and the MA and MACD.
Stop moved to BE.
Stopped out 76.50. Total Profit of 2.5 NQ points.
Quote from Honda:
Thanks for the clarification. Nice entry point. Do you not like ninjatrader charts vs IB charts?
Ninja is free and you can do a lot more vs IB charts. You can even adjust the indicators to update off of each tick or the standard using the close of each bar. Keep up the good work.
I have a full-time job but work from home so I can look at the market while doing so. I have a very small account about $5,000 and am trying to get about $200 a week without taking big risks. I have more money that I can put in the account but would rather see how this works for the next 6 months.
ADX got over 40 again. Another one more attempt at short. Last trade for the day.
Quote from stevegee58:
I'm not sure what screen capture program you're using. I use snagit, which allows me to edit after the capture. In addition to adding annotations like yours, you can also resize the picture before saving it.
Also, there are some tricks you can use to re-size the picture using the "img src=xxx width=yyy" html tag.
For instance:
<img src="http://i37.tinypic.com/2vmxzsh.jpg" width=600>
Unfortunately it loses some resolution, as you can see.
I'm using tinypic. I will look into that after the close.
Possible long-set up forming here. Need to get the MACD to get above or very close to 0.
Net $160 after commissions. Done for the day.
3 trades 2 winners 1 loser.
3 trades 2 winners 1 loser.