Journal of index futures trading

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Can't believe this thing sometimes.... At 8.5k with account, had a stop set one tick below my entry short on cocoa................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................
 
In the spirit of Larry Williams, I am releasing an indicator I just made to show if a particular day has a bias towards being bullish/bearish. The more negative the number, the more bearish bias there is and vice versa. EL obv....

Choose the day to study, 1 = mon, 2 = tue, etc.

Code:
Inputs: DayOneIsMonday(1);
Vars: TotalDays (0), UpOrDownDay (0);

if dayofweek(d) = DayOneIsMonday then begin
TotalDays = TotalDays + 1;
if c > o then UpOrDownDay = UpOrDownDay + 1;
if c < o then UpOrDownDay = UpOrDownDay - 1;
end;

plot1( UpOrDownDay , "Up or Down Bias?");


:cool:
 
@ 8.2k with account, got out of corn trade for -200.

+100 on FX trades on a separate account starting with 3k.

I have set index trading aside for the moment. Seems there is a better edge in other commodities...
 
@ 7996 (8000 starting) with futures account
Long DX-MH1 @ 77.132

@ 2751 (3000 starting) with forex account
Short GBP @ 1.62516
 
@ 8899 (8000 starting) with futures account

@ 2817 (3000 starting) with forex account

Was short NQH1 @ 2372.5 from last week, put a stop Sunday night around 2365 to preserve capital/profit.

Oh well........
 
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