Exit at 978.25
Emini divergence journal
- Thread starter no_pm_please
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no pm,
I'm curious about the lows of those two bars as reflected on your chart. Trying to pin down where the data discrepancy is.
My broker's charts, from yet another data vendor, agree with mine. That the 10:50 bar made the low of the day at 973.00, and the low of the 11:00 bar was 973.10. Your chart shows the 11:00 going lower than the 10:50 bar, which would seem to indicate that the 11:00 bar made the daily low.
When you have a chance, could you post the lows of these two bars, as reflected by your chart?
Thanks,
Mark
I'm curious about the lows of those two bars as reflected on your chart. Trying to pin down where the data discrepancy is.
My broker's charts, from yet another data vendor, agree with mine. That the 10:50 bar made the low of the day at 973.00, and the low of the 11:00 bar was 973.10. Your chart shows the 11:00 going lower than the 10:50 bar, which would seem to indicate that the 11:00 bar made the daily low.
When you have a chance, could you post the lows of these two bars, as reflected by your chart?
Thanks,
Mark
MY 1050 bar has a low of 973.20. The 1100 bar has a low of 973.00
1. ADX crosses above 30 at 10:55 bar.
2. Divergence wasn't very clear. Started at 11:00 bar and was the last down bar.
3. Entry at the beginning of the 11:10 bar (first up bar after divergence confirmed). Buy at 975.00. SP open was at 974.70 so there was some slippage. Keltner width was 7.18 so stop used was 2.50. Stop set at 972.50.
4. Trade exited when Keltner Channel touched 978.25 at 12:20pm.
Entry long 975.00
Exit long 978.25
Profit(loss) +3.25
Risk 2.50
Risk/reward this trade 1.3
Cumm. trades since 8/1
# wins 7
# loss 1
Profit of winners +38.75
Loss of losers -3.0
2. Divergence wasn't very clear. Started at 11:00 bar and was the last down bar.
3. Entry at the beginning of the 11:10 bar (first up bar after divergence confirmed). Buy at 975.00. SP open was at 974.70 so there was some slippage. Keltner width was 7.18 so stop used was 2.50. Stop set at 972.50.
4. Trade exited when Keltner Channel touched 978.25 at 12:20pm.
Entry long 975.00
Exit long 978.25
Profit(loss) +3.25
Risk 2.50
Risk/reward this trade 1.3
Cumm. trades since 8/1
# wins 7
# loss 1
Profit of winners +38.75
Loss of losers -3.0
Per Time and Sales, 10:47:24 a 973.50 trade was cancelled and replaced by a 973.00 trade. (good 'ole pit price reporting!) The low for that 5min bar BEFORE that insert was 973.20.
Any data vendor showing the low to be 973.20 for that 5 min bar apparently is not processing correction messages from the CME.
Quote from 3dog:
Per Time and Sales, 10:47:24 a 973.50 trade was cancelled and replaced by a 973.00 trade. (good 'ole pit price reporting!) The low for that 5min bar BEFORE that insert was 973.20.
Any data vendor showing the low to be 973.20 for that 5 min bar apparently is not processing correction messages from the CME.
I guess this was a trade that should have never been. Hopefully we'll get some clearer signals so that everybody can see the same trades.
Quote from 3dog:
Per Time and Sales, 10:47:24 a 973.50 trade was cancelled and replaced by a 973.00 trade. (good 'ole pit price reporting!) The low for that 5min bar BEFORE that insert was 973.20.
Any data vendor showing the low to be 973.20 for that 5 min bar apparently is not processing correction messages from the CME.
Thanks 3dog, that explains it. The time corresponds to exactly where that one tick shows up for me.
Any idea about the low on the 11:00 bar? (Since you seem to be a data guru
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