0935 Out at 110 22. Getting uneasy.
I may be done for the day. I'll check back for the 0950 and the 1120 cycle times.
Good trading!
I may be done for the day. I'll check back for the 0950 and the 1120 cycle times.
Good trading!
Bond Trader 2007
- Thread starter johnpinochet
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I won't be talking about this anymore. It is too good to be true, and I really don't want to have a post mentioning it when it stops working. If you've paid attention to what I've been writing these last two weeks, and followed up with a glance at the ZB 5 min chart, you'll understand why.
Final words on this subject: The time is not written in stone. It varies. It will change.
Quote from dhpar:
I wonder if this pattern means something fundamentally important...
good trading
Yes, I wonder. I don't know. I've dabbled with cycles off and on. More so in the first journal. Recently though due to my desire to find a single trade of the day type strategy, I've been looking into daily time cycles, i.e. the single best time of the day to buy or sell. That led to my discovery. For the most part we've been in a down trend since I noticed this. I suspect the single best time to sell will change to the single best time to buy. The last time I did a major study of this, I had a single trade between 0750 and 0810, that was either a buy or a sell depending on a single indicator. It worked remarkably well for a few weeks. The cool thing about it was that you only had to watch the market for the above 20 minutes and then walk away. It generated maybe 2 or 3 trades a week.
I'm just as puzzled about what it all means on a fundamental level as the next guy. Perhaps it means nothing. It's always been there.
0736 CST Looking to buy 1 ZB 110 19.
0741 CST Bought 1 ZB. Looking to buy more.
0741 CST Bought 1 ZB. Looking to buy more.
Why you bought at 0741CST if you have to wait for the 810CST re: your daily time cycle?
I'm enjoying your journal!
0804 CST Sold 1 ZB at 110 20 for 1 tick profit. I tried for 110 21 but no go.
I'm looking to sell sometime today. On standby for now.
I'm looking to sell sometime today. On standby for now.
Quote from Bernard111:
Why you bought at 0741CST if you have to wait for the 810CST re: your daily time cycle?
I'm enjoying your journal!
Thanks!
Goodness, that was an example of an old system no longer in use.
I trade discretionary virtually 100% of the time. While watching the market, I keep an eye on some neural network systems that I've developed. My three primary systems are:
A 1 minute using only the MACD optimized. For the most part a signal occurs at 0-line cross failures but there is some more involved.
A 2 minute with Ehlers cycle stuff.
A 5 minute with my attempt at a single trade between 0735 and 0830.
I use all three for confirmation, but I won't necessarily take their signals. The last one, the 5 minute, I'm leaning towards it, but still need to work on it further.
Finally, the only cycle I see and have reported for the last two weeks is an 0950 sell in the ZB. The 1120 cycle reported yesterday is slightly different, and the study wasn't as rigorous. Also the 1120 cycle reported yesterday was a turning point prediction. I guessed it would be a sell based on market activity, but I didn't know for sure.
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