Take it easy guys!
For anyone interested, I went long at 1265.00 with a 2pt. stop.
For anyone interested, I went long at 1265.00 with a 2pt. stop.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an alternative browser.
You should upgrade or use an alternative browser.
Anyone use my method?
- Thread starter no_pm_please
- Start date
Quote from saico:
Is your stop rule still the same? According to my Keltner stop would be 3 Points.
Yes, it's the same 1/3 of Keltner high - low. In this case at 12:15 ct I had 1270.44 for high and 1265.06 for the low. The diff. was 5.38 and 1/3 of it is 1.79333 which I round up to 2.0 pts.
Trade just hit opposite side of Keltner channel at 1268.25 so now I use the trailing parabolic stop until stopped out or the close.
Quote from no_pm_please:
I've made a few changes to the basic method and I was thinking of starting a new journal. The old one was a lot of work. If there weren't many using the material I don't think I want to invest my time on another one.
Hey, npp, I think you should start a new journal based on your original divergence indicators. I'd like to see it once again. I've been reading up on your old post from 2 years ago - I'm gonna try to set it up and see how it goes.
How's trading full time working out for you? more or less the same result or do you find yourself "pressured" to make more money to compensate for the job?
Quote from no_pm_please:
Here's the changes:
...
2). Replaced using Chaikin Oscillator with CCI Average with standard inputs.
...
Hi, and thanks for posting your system! One question: the change from volume-based Chaikin to price-based CCI means that volume is no longer a factor. I'm curious what lead you to remove volume from a system that was originally based on divergence between price and volume. Was it perhaps related to the change from SP to ES for signal generation? Thanks.