ES Journal Archive (2006 - 2008)

Status
Not open for further replies.
Quote from Buy1Sell2:

Time appears to be a very important component of your system. I think it's a good idea. Do you miss some of the moves that way as well?

I have normally 2.46 trades a day (long term average).

Don't miss any big move, sometimes small parts are missed.

Last week trades:

11 trades; 9 profitable and 2 losses.

net profit 42.75 points

biggest loss 1.75 points


Romik,

i'm long at this moment.
 
Waiting for the Beige book @ 2:00. Looking for an entry after the market has interperted what they have to say. They tend to be in lock down mode before rate hikes/drops, fomc minutes, and beige book.
 
over 60 trades now and all 100% wins..........scalping system or long run system all the same....depends on what systems says i can take from the market..............i am saying 60 trades winning not since inception of final system .........that is about somewhere over 90? for 3 months..........es nq ym all look the same........it is very important to minimize bad trades and then minimize losses on bad trades.......you can't trade successfully what you do not have confidence in.....and you can't have confidence in high failure rate system..........would you like to enter the next trade knowing you have as much chance to lose as to win..........it is called risk/reward ratio being near to 1 to 3 as possible............. just porgie personal opinion.......it is not easy to achieve so if u r looking for easy trip, stop the train and get off........
 
Michael and guyzzz,

I think I saw another possibility, seems to work well on 10-15 min time frames on ES. Some people explore bullish/bearish centerline crossovers (@ 0.0). Again just an observation over 24 hour prices with MACD suggests that whenever MACD is within 0.1 range to centerline and is either performing a crossover or has done that already (that is important) some time ago, looks very tradable to me. I repeat that is on 10-15 minute chart of ES and range is about 0.1 to centerline.

Romik

EDIT: MACD and signal are based on (O+H+L+C)/4
 
Status
Not open for further replies.
Back
Top