ES Journal | Divergence918

so we have a four loss losing streak . KNow that I am not able taking every setup especially the ones in the morning, so I am not too bothered by this losing streak.

I am confident that if I took the morning setups I would have at least one profitable trade.

The model is barely higher than breakeven, as shown by the metrics, so it seems to be following the metrics quite accurately

@Handle123
 
Iwilldoit said:
so we have a four loss losing streak . KNow that I am not able taking every setup especially the ones in the morning, so I am not too bothered by this losing streak.

I am confident that if I took the morning setups I would have at least one profitable trade.

The model is barely higher than breakeven, as shown by the metrics, so it seems to be following the metrics quite accurately

@Handle123
More...

Have you considered the fact that afternoons are a different session than the mornings?
 
What did your backtest results tell you about your trade method in the morning trading session versus the afternoon trading session ?

Also, what did your simulator or real money trading tell you about your trade results in the morning session versus the afternoon trading session ?
 
TRADE ONE: SHORT/LOSS/ BRD/30/11H00


PosttoET.jpg





11h01 I set my limit order to 76.50, TARGET= 72.25, INITIAL STOP = 78.75


EXECUTION

  • Was filled at 76.50 at 11h02 (USING the DOM) →

IN TRADE PERFORMANCE

  • The next one minute candle was a large green candle→ which reversed the trend and price moved in the opposite direction.

EXIT


→ after a few green candles , I was stopped out at 78.75


WHAT I LEARNT


I wonder how this would of played out in a real live "money" trade?

  • Perhaps I should retest the model with a rule saying that if 9EMA > 18SMA → I should exit the trade?

@Handle123 @Redneck
@NoDoji @Buy1Sell2 @aquarian1
@Gueco @pak @slugar @zbestoch @dratsum @wrbtrader
PosttoET.jpg
 
wrbtrader said:
What did your backtest results tell you about your trade method in the morning trading session versus the afternoon trading session ?

Also, what did your simulator or real money trading tell you about your trade results in the morning session versus the afternoon trading session ?
More...


Remember I am backtesting manually in excel.


There is no advantage to morning setups, but trades taken between 12- 1pm tend to be losers.
 
It looks like i am having a losing streak, but I should point out that if I did take the morning setup at 9h30 it would of been profitable.

  • Seems like I am missing the profitable trades
 
Last edited:
TRADE THREE: SHORT/LOSS/ HBRD/30/14H00


PosttoET.jpg


  • I never posted trade 2 which I should of never entered yes it was a loss too


14h12 I set my limit order to 78.50, TARGET= 75.25, INITIAL STOP = 79.5


EXECUTION

  • Was filled at 78.50 at 14h13 (USING the DOM) →


IN TRADE PERFORMANCE


EXIT

  • Next green candle I was stopped out at 79.5



WHAT I LEARNT


I wonder how this would of played out in a real live "money" trade?

  • From now on if I see Hidden Bull divergence on the 60→ I am never shorting.

@Handle123 @Redneck
@NoDoji @Buy1Sell2 @aquarian1
@Gueco @pak @slugar @zbestoch @dratsum @wrbtrader
 
You must log in or register to reply here.
Back
Top