Can We Talk About Entries

[Grob109]

Quote from porgie:

Can any moving average indicators be non or almost non-lagging and if so which ones come closest and what is the most points they normally lag on YM intraday 10 minute chart not including breakouts/fakeouts.......thanks.........george

Two bar MA and it lags by one bar.

But if you trade on the 10 min and run a small MA (say 5MA) on a very short duration bar (say 10 seconds) along side your trading chart, you can get an MA that is hardly lagging your trading chart and well within the bar you are forming on the trading chart.

 

[wanderer]

Grob, but trading a larger-time frame (10 mins) based on an indicator of small time-frame (10 sec) would not be the most reliable way to profit ? or would it ??

Quote from Grob109:

Two bar MA and it lags by one bar.

But if you trade on the 10 min and run a small MA (say 5MA) on a very short duration bar (say 10 seconds) along side your trading chart, you can get an MA that is hardly lagging your trading chart and well within the bar you are forming on the trading chart.

p.s. that should have read as "smaller" time-frame not small time frame.

 

[nkhoi]

Quote from jeffstr:

[B.. Target 1.1 points, Stop 2.2 points. ..

Historical backtesting;

Sharpe: 4.18
Win Percentafe: 70.77
Profit Factor: 1.20

-- jeff [/B]

but, is this go against reward/risk 3:1 conventional wisdom?

 

[wanderer]

but i guess the win percentage would still ensure modest profit ;
not considering slippage though

Quote from nkhoi:

but, is this go against reward/risk 3:1 conventional wisdom?

 

[Flashboy]

Quote from NihabaAshi:

Hi Flash,

There's something more important that needs to be said to you and it has nothing to do with some of the recent threads here at ET where traders have discussed the specifics of an entry signal that's applicable to ER2, ES, NQ or YM.

I really don't understand why your even still looking at charts or trying to trade after all what's been going on in your personal life...especially recently.

Some traders (very experience traders) in the recent past strongly advised you to take a break from trading...

Including me.

Simply, your not mentally ready to be interacting with the markets right now.

Flash...take some time off from trading at the minimum of one year...

No trading, no analyzing charts, cancel all your subscriptions (data vendors, charting programs et cetera).

Attempting to use the markets to heal yourself psychologically will only cause more frustration, stress or worst.

Mark
(a.k.a. NihabaAshi) Japanese Candlestick term

Hey NihabaAshi,

Don't think I can argue with you there.. you are right..

I haven't been trading but still looking at the markets.. and I think I have tried to use trading to make myself feel whole so to speak.. which is never a good way to approach the market

 

[Flashboy]

Quote from dantes:

Can you honestly say that you spotted #1-3 at the actual time of them happening? To me that would be almost to good to be true. If you did can you explain further how you did that? An how did you avoid all the other signals of similar kind that day?

#1 No I didn't spot it .. not till after the fact..

#3 ..yes I did notice that as it was unfolding.

But I wasn't actually trading that day either.

 

[Flashboy]

Quote from Dustin:

Solely price action these days. Prop shop kind of stuff. BTW I'm not saying TA is impossible to use...I've just seen too many guys trying to find the holy grail and never learning to trade.

Hey Dustin,

when you say price action.. doesn't that have a little to do with TA??

with price action are you not looking for things such as Double tops??

If not, can you explain what you look for..

 

[Dustin]

Quote from Flashboy:

Hey Dustin,

when you say price action.. doesn't that have a little to do with TA??

with price action are you not looking for things such as Double tops??

If not, can you explain what you look for..

No, my entries for my main strategy are 100% automated, and only based on price fluctuations. Sorry I can't give more details than that.

I do have a secondary strategy that employs breakouts and that would have to do with TA, but it only works in certain market conditions.

 

[balda]

I used to trade a system like that when price moved 2% in 30 min I'd enter a counter trend trade. Had to scan for small cap stocks. There were many other minor conditions. Dollar cost averaging was a part of the system.

Edit: Had to make sure stock didn't move due to any news release


I consider this a T/A based system.

 

[balda]

By the way You can disclose a complete set of rules and most of the ETers will lose money on it. Everyone will start tweaking to their needs and;


Electricsavant will overcomplicate the hell out of it.