The Dawg Pound

Quote from nkhoi:

you are missing the point, this is 'earn while learn' process as oppose to paying up front 6k to some guru for 2 days class and end up with bunch of useless 'manual' and a scarpbook full of squiggly lines.
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Whether it's free or not is irrelevant. I agree with ptt that what matters are the basic principles, which also happen to be the basic principles of practically any winning method. The details of the method are largely smoke and mirrors. When dawg is successful with it, he's applied those principles, the chief of which are discipline and focus. Compare this to tampa, who remains undisciplined and unfocused and therefore does not enjoy the same success.

The graille lies not within the method, but within the trader.

--Db
 
missed the morning had to bring car to get fixed. tried to push things and wound up basically flat on the day.

1. rocket end--->macd xo reversal

1:05 macd xo after a rocket. short @ 855.00. mkt flat lines and i exited @ 856.50 with volume drying up and drifting upwards.

short @ 855.00 1:05
cover @ 856.25 1:30

day: -1.25 11 days: 29.25

2. rocket end--->macd xo reversal

1:55 had good stoch for rocket, but macd never kicked in so i did not enter the long rocket, but was looking for a reversal if it appeared. 2:15 macd xo and stoch left long zone, but still within trend channel so i waited. 2:35 broke my trend channel and short was taken @ 858.00. turns into a short rocket at 3:00. 3:15 and 3:20 lower volume counter trend bars and 3:25 DURING the bar it broke my trend line, stoch left zone and macd xo and i exited @ 857.50. The bar continued and mkt reversed and those exit signals disappeared. Too quick on the tigger finger.

short @ 858.00 2:35
cover @ 857.50 3:25 +.50

day: -0.75 11 days: +29.75

3. rocket end--->macd xo reversal

rocket ends, macd xo and channel break at 3:40. Long @ 856.50 held until close exit @ 857.75.

day: +0.50 11 days: +31.00
 

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general: i definitely have trouble trading the larger gap opening b/c the indicators seem to get out of whack due to gap...middle of the day totally sucked

1. long rocket

mkt opens up a lot and all indicators say long...wait for 15m high and buy the break @ 875.25. at 10:20 we had what i thought was a lower volume inside bar and when its low was taken out i exited...market contiued to climb much much higher...clearly a mistake...i was looking to get back in at my bottom trendline, but it never happened. damn. really blew that trade.

long @ 875.25
sell @ 876.25 +1.00

day: +1.00 12 days: +32.00

2. short rocket

3:40 s(14.29, 22.31) macd hist -0.56

short on the low break 878.75. mkt reverses on increasing up volume...trend line broken...exit @ 881.00

short @ 878.75
cover @ 881.00 -2.25

day: -1.25 12 days: +29.75

after blowing that first trade i was pretty pissed at myself and had a hard time focusing again...especially as the mkt just kept grinding higher...then late day short rocket that reversed right after entry really topped off a fantastic day. crap. crap.

:mad:
 

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I think Jack trade inside bar diff, he trade BO on both sides, vol was low but not at DU low.

Quote from jack hershey:



Look for those VDU's daily. You will usually see the bar is an inside bar. Note it well. Use the inside bar top and bottom for a trigger to enter at market going the way the BO is happening. as you see the volume hitting 3 to 4 times VDU, you get comfortable with the idea that there will not be a "failure to BO". If there is we tack with a reverse, take the nickel and run with the reversal.
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i agree...AFTER looking at trade i realized i had made the mistake and was not thinking about it correctly. Thanks.

I was more 'trying not lose money'/ lock in my small gain' mindset and paid for it.
 
Quote from PhoenixTrader:

today was excellent

in premarket I picked up MSFT already up +.54

by 11am EST it was up a net 1.24, well worth the 10,00+ shares
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And in what way is this supposed to help dawg?

--Db
 
1. short

short out of a bull flag, when vol picked up and trend line broken @ 11:30. turns into a potential rocket that fizzels and exit when trend is broken at 11:55

short @ 877.25 11:31
cover @ 878.00 11:59 -0.75

day: -0.75 13 days: +29.00

2. short

uptrend from 1:00 to approx. 2:50. This uptrend never gave a good rocket signal (no macd above 0.4)so i stayed sidelined. 2:30 macd xo, 2:50 stoch leaves zone, 2:55 trend line broken. short @ 882.50 held until close as trade turns into a rocket.

short @ 882.50 2:58
cover @ 874.75 4:00 +7.75

day: +7.00 13 days: +34.75

EDIT: going thru the journal i made an error in calc my total...it should be 34.75 as of today.
 

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Hey Dawg.. looking better everyday...

Do you think you can post a daily end of day equity curve of your gains.. this way we can see the type of drawdowns one can expect when one trading a system similar to yours...

I hope your good performance continues...


--MIKE
 
is this kinda what you would be looking for? just tried to throw it together.

just looking quickly it looked so far a peak to trough of 5.5pts.
 

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