Emini Fading System

Congratulations on your trades! I've been following this thread for awhile and I'm impressed.

I don't know if you plan on revealing your strategy, but I figure I'd ask anyway. How do you come up with your S/R numbers for each day and what constitutes as a valid signal?

I appreciate any info!
 
Thanks guys I appreciate that. System is base on market profile. Beeker ,I am guessing your question is what constitute a valid signal when price does not hit the S/R line? In cases like these I apply a wiggle room rule. When price come within the following I look to enter trade.

YM is 7pts
ES is .75pt
NQ is 1.75pt
ER is .5

So say have NQ long at 1888. When price gets to 1889.75 I start to look to go long. Here is tomorrow Roadmap.
 

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Whew! What a wild day. I made some good money but there was certainly alot of signals being hit. The total is 5 winners and 3 losers. One of my best trade is short NQ 1944.5 and rode it down til the close for over 20pts gain.
 

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do you basically rely on trendlines and previous support / resistance levels to determine your long & short entry points?

Thanx for your insights.
 
I think trend lines and previous support and resistance lines are too obvious. Basically any one can draw a trend line. If trading is that simple then we all can use trend lines or previous support and resistance and make a killing trading intraday. My point is anything that is too obvious won't buy you a cheeseburger at McDonald.
 
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