Start Day of Paper Trade Log - ES60 Test
1. Long Term System Signal Per OEX Trader
System has lag = Need fine tune Entry / Exits
Concept = Oddlots shorts and TRIX
http://www.oextrader.com/oex/DOWSystem.html
Trix = Triple Exponential Smoothing.
The Trix indicator = derive from one-day difference of the triple exponential smoothed log of the closing prices.
The indicator is used to ID trend's direction and cyclical entry points.
The triple smoothing is a noise filter.
2. I will swing trade the long term signal with my Macd60 1 day system = Entry at Open / Exit at close or Next Open
3. Profit Swings 1d = 8 to 15 pts
2d = 10 to 25 pts
Initial stop = 6 Trailing = 4
1. Long Term System Signal Per OEX Trader
System has lag = Need fine tune Entry / Exits
Concept = Oddlots shorts and TRIX
http://www.oextrader.com/oex/DOWSystem.html
Trix = Triple Exponential Smoothing.
The Trix indicator = derive from one-day difference of the triple exponential smoothed log of the closing prices.
The indicator is used to ID trend's direction and cyclical entry points.
The triple smoothing is a noise filter.
2. I will swing trade the long term signal with my Macd60 1 day system = Entry at Open / Exit at close or Next Open
3. Profit Swings 1d = 8 to 15 pts
2d = 10 to 25 pts
Initial stop = 6 Trailing = 4
