ES Journal Archive (2006 - 2008)

[callmate]

here is a short grail on my 15 minute chart

 

[sgc]

any 15 min long grail ?

 

[romik]

frog alert

 

[sgc]

what constitutes a long grail to be a buyer and a short grail to be a seller?

 

[romik]

reading the journal might be a good starting point

 

[sgc]

what I picked up so far is that the RSI has to have 3 consecutive higher lows to be a buyer and 3 consecutive lower highs to be a seller...am I understanding correctly?

 

[m4a1]

cover 1389

 

[m4a1]

          entry       exit        pnl
short     1379.25     1381.00     -1.75
short     1380.50     1380.00      0.50
long      1385.50     1384.50     -1.00
short     1391.75     1385.50      6.25
short     1390.00     1391.50     -1.00
short     1388.25     1386.25      2.00
short     1379.50     1382.50     -3.00
long      1387.00     1381.00     -6.00
short     1368.75     1371.75     -3.00
short     1372.75     1368.25      4.50
short     1390.00     1389.00      1.00

*all papertrades called in real time

 

[romik]

RSI Grail Reversal on 5 minute time frame

Stats after 7 days testing:

Total trades - 43
Winners - 23 (+55.50)
Losers (including B/E trades due to commission) - 20 (-22.75)
PnL - +32.75 pts Net
P/F - 2.3
% winners - 53.48%

 

[brightstone]

Misread a few of the grails today....
Be back ready tomorrow.

Alan