Dislikedwhat a zig zagging today. got me all confused. right now i'm thinking fade a breakout from Jolts? {image}Ignored
Working towards CME membership
GRANDPA of MM - Stake 100% EQUITY with 100% SAFETY 3 replies
100$ -->100,000$ (period: 12 months) 207 replies
Gutenberg money printing machine.. 100 to 1.000 to 10.000 to 100.000? 15 replies
HVR 6/100 and 10/100 with a 50% ratio 0 replies
100 pip STOP for a 100 pip Target 7 replies
Dislikedwhat a zig zagging today. got me all confused. right now i'm thinking fade a breakout from Jolts? {image}Ignored
Dislikedare you letting someone trade your money if so your throwing it away my friendIgnored
Dislikedare you letting someone trade your money if so your throwing it away my friendIgnored
Disliked{quote} i think i know what you're saying..but you might be drunk posting.. but i add other people's TE just for comparison..i wish i could add more. just want to see how i fare compared to others i think are good tradersIgnored
Dislikedstill excepting this range to hold. just got to pick a good entry. sometimes i feel that in addition to shaking out weak hands by running stops, market will stall at extreme ranges to take out weak hands. that psychology in electronic trading is real! {image}Ignored
Dislikedthat's why trading pivot points are not reliable trading pullbacks to supply and demand while in a trend is very reliable {image}Ignored
Disliked{quote} i wont post the picture in here again... until the 29th. ive weeded you out - KillerWhale in disguise Also, if you trade MP/VP often, it would be interesting to see your levels daily... see if we are in the same boat...Ignored
Disliked{quote} yeah and me... but... have you checked how often they are filled... i tried back-testing the 80/20 rule but i think its more for stocks... i like trading high volume nodes for 10 pips and then im done... but my accuracy is either off... a bit like today... or... its off by like 0.5 pips or less (i had 0.2 one on AU earlier) trouble is on a day like this its easy for me to have a few losses in succession...Ignored
Disliked{quote} so today i made an interesting observation. i consider the day at NY open to be a "normal day". i think of playing breakout, but problem is, might zig zag 1-2 times, but the breakout range tends to be 1-2x bigger than the current day's range as well. so i'm gonna test this out. prior to this, my rule is fade normal days..but think think this is not as reliable as breakout. also i;ve thought about just do breaks at lvn. but i can set a rule say 10 pip range of low volume node is a good spot to get a quick 10-15 pips.. for such simple indicator,...Ignored
Disliked{quote} not sure if you ever saw TraderDale's thread... he played them so simple... and at the time i tried out the indicator he used, and quite often i could get the same level as he did... but on days like this im net -2 W/L... if i could get a net of 12 wins in a month then good... that would easily be 24% return... im just impatient atm i need to do more back testing, it seems EJ is my best pair of the top of my head... EDIT: so for today on EU you expected the Breakout range to be 30-60 pips?Ignored
Disliked{quote} revamped my 'normal' day trading rules. essentially a fade/breakout combo works best. instead of just fade.Ignored