ES Journal - 2019/2020
- Thread starter Buy1Sell2
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I use a third monitor but it's been just for browsing, email, youtube, pandora, ET etc but I could slam a small chart on it. But if I'm going to incorporate the HWB/MM into my plan, I will need at least a couple more.
tenny1886 said:
what is el loco?
NQurious: Those crazy charts that @speedo posts and everyone ignores or makes fun of.
Speedo: May you please repost a el loco chart again? thank you.
Yes, shortly.
My trades are simply a variation of the trend pullback. It's called the 930 after my late friend Mike Bruns who named it. The 9 refers to a 9ema and the 30 is a wma. For a short, thee must be a close or at least half bar above the 9 without the ma's crossing. If they do cross, I first look to see if it is setting up on the higher tf (I use 1500, 4500 and 13,500 tick charts for the ES but will adjust from time to time). If BOTH the MA's cross on the 15 and 45 AND the 13.5 sto is headed up, I look for a setup in the other direction.
Most entries are on the 15 and there are filters such as price must come in contact with 9 ema on the next higher tf and if I get a divergence on the next higher tf, I wait for the second entry. However in a really strong trend, I ignore divergences. Sideways PA as evidenced by overlapping bars and intertwining MA's require waiting for price to start moving again. Stop goes over/under entry pivot and either taegets based on average MFE or a trailing stop be used....or measured move targets etc
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Thank you very much for your kind help!
"speedo, post: 5032303, member: 16863"]My trades are simply a variation of the trend pullback. It's called the 930 after my late friend Mike Bruns who named it. The 9 refers to a 9ema and the 30 is a wma. For a short, thee must be a close or at least half bar above the 9 without the ma's crossing.
==== in your chart, there is EMA(9), and EMA(21), and WMA(90). No WMA(30).
Does it means that you also are flexible for this WMA(30), as long as it is a multiple of 30.
If they do cross, I first look to see if it is setting up on the higher tf (I use 1500, 4500 and 13,500 tick charts for the ES but will adjust from time to time). If BOTH the MA's cross on the 15 and 45 AND the 13.5 sto is headed up, I look for a setup in the other direction.
===== means in general to wait patiently for it to happen, right?
Most entries are on the 15 and there are filters such as price must come in contact with 9 ema on the next higher tf and if I get a divergence on the next higher tf, I wait for the second entry. However in a really strong trend, I ignore divergences.
==== Are you watching the chart or you have the script to monitor the chart for you ( When it happens, it will alert you. ) ?
Sideways PA as evidenced by overlapping bars and intertwining MA's require waiting for price to start moving again. Stop goes over/under entry pivot and either taegets based on average MFE or a trailing stop be used....or measured move targets etc
==== What do you mean by entry pivot?
Thank you again.
"speedo, post: 5032303, member: 16863"]My trades are simply a variation of the trend pullback. It's called the 930 after my late friend Mike Bruns who named it. The 9 refers to a 9ema and the 30 is a wma. For a short, thee must be a close or at least half bar above the 9 without the ma's crossing.
==== in your chart, there is EMA(9), and EMA(21), and WMA(90). No WMA(30).
Does it means that you also are flexible for this WMA(30), as long as it is a multiple of 30.
If they do cross, I first look to see if it is setting up on the higher tf (I use 1500, 4500 and 13,500 tick charts for the ES but will adjust from time to time). If BOTH the MA's cross on the 15 and 45 AND the 13.5 sto is headed up, I look for a setup in the other direction.
===== means in general to wait patiently for it to happen, right?
Most entries are on the 15 and there are filters such as price must come in contact with 9 ema on the next higher tf and if I get a divergence on the next higher tf, I wait for the second entry. However in a really strong trend, I ignore divergences.
==== Are you watching the chart or you have the script to monitor the chart for you ( When it happens, it will alert you. ) ?
Sideways PA as evidenced by overlapping bars and intertwining MA's require waiting for price to start moving again. Stop goes over/under entry pivot and either taegets based on average MFE or a trailing stop be used....or measured move targets etc
==== What do you mean by entry pivot?
Thank you again.
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