Is this "THE HOLY GRAIL"' for trading the E-MINI'S

I posted here my first trade of the day (NQ M2 - 06/06/2002)


Look at the RED VERTICLE LINE, that is my entry point (SELL)
and the BLUE VERTICLE LINE is my exit point. (BUY)

03.36 PM (US : 09.36 AM) SELL - MARKET ORDER = 1183.00
04.14 PM (US : 10.14 AM) BUY - LIMIT ORDER = 1170.00

FIRST STOP AT 1189.00

THAT IS GOOD FOR 13 POINTS !!!! (whithout slippage !!!)


Here is the reason !! (for the trade)

All the 3 MA's are together and DOWN (see right screen)
YELLOW = 4 EMA
GREEN = 9 EMA
BLUE = 18 EMA

In indicator nr.1 (= THE AWESOME OSCILLATOR)
see book "NEW TRADING DIMENSIONS" of BILL WILLIAMS
Chapiter 5 - p. 83.

The indicator goes true the ZERO LINE and is RED

In indicator nr.2 (= Spec. STOCHASTIC with BANDS) you
see that the red line cross the blue line and he is also going
true the zero line (DOWN)

Whe use the BLUE (18 EMA) as RESISTANCE LINE !!!!
NO PANIC at the indicated points because the YELLOW and THE
GREEN EMA's are not going true THE BLUE EMA !!!!

Look also at the divergence (black line in chart and indicator 1)
that was my exit point (of BUY the SHORT)

I used two trail stops

one at the first fleche NO PANIC ( STOP AT 1185.00)
the other at the second fleche NO PANIC (STOP AT 1177.00)
(NO PANIC = RESISTANCE LINE !!!!)

I hope it is all clear now !!!!

Cheers
Jeanmichel
:)
 

Attachments

Jeanm....
At your point of entry the ma's are flatlining, not moving down. If your trigger is the yellow line crossing on chart two why wouldnt you have entered on the first crossover? At your point of entry everything is nuetral. How in the world could you have known to enter there?
 
That was a FALSE SIGN mr. EASYRIDER

The indicator nr.1 (THE AWESOME OSCILLATOR) WAS RED
see 09.32 please !!!!

conclusion : NO BUY at 09.32 but A SELL at 09.36 !!!
 
MA's and oscillators are misleading because if you look at a chart at the end of the day it will look very obvious where you should have entered the market but in real time it's not that easy just take a chart and scroll to replay the action and watch how the indicators behave bar by bar .
 
Things look good. One problem I see with real life trading is that moving average cross-overs don't get finalized until the bar closes and permanently holds one average under the other. How do you account for the oscillating action of the moving average crossing beneath and then back above a slower MA in your system? I don't fully understand how you actually determine your entry/exit, so it would be interesting to see your realtime trades published to confirm you can actually trade this in real-time. I just think things would be tougher in real life than they appear on charts. Also, it would be interesting to see how it performs in the "chop." Thats what kills most systems. Good luck in your endeavors.
 
Originally posted by Jeanmichel
It is for me impossible to post a chart in Real-time
(in full action), can you do that ????

JM
More...

A timestamped history is what I meant. Just print a screenshot of your execution report with timestamps, as many others do. Not absolute proof, but close. But maybe you are just testing and not trading for real? In that case you might mention that fact. The achilles heal is found in real trading.
 
Look very good, this is very important !!!!


Each time when in indictaor nr. 2 (Spec. STOCHASTIC)
the RED line cross (UP or DOWN) the BLUE LINE

then also the YELLOW (4 EMA) cross (UP or DOWN) the GREEN
(8 EME) and that is very important !!!!!


Cheers
Jeanmichel

:)
 
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