Plan the Trade

Hello All. I was intrigued by the 133t chart, like you say H just take the 2B's followed by the 123's. Sounded good to me. So I tried it over the weekend in replay and thought I would try it yesterday. Well, it did not go well. It is too fast for me. So, I stick to my 400t with the 233t on the side. Today much better. 3 trades +13, +14, +17 all shorts.

Ras remember the setup you mentioned yesterday it it takes out a low or high by a few look at chart now and spot those trap setups on 133 tick I see a bunch you can almost use the bar that took out low or high for entry or a pullback to the bar

Still here! Just lurking this week, got a head cold and not really with it at the mo... taking a couple of days off. Also been helping out a friend locally with his business.

Sometimes being the only Englishman in the town, i get called upon to do odd jobs - recording adverts for National companies who have European or American clients, or as yesterday, selling British made farming equipment. I'm quite versatile, in fact!)

Yesterday was a long day and wiped me out, so gonna chill out tonight.

Good to see your all getting up to speed with 133 tick and using fibs)))

Glad your doing well CG the 133 is quick but still able to put them on

So here's an interesting setup say we nip out the low or high and it forms a pin bar you can take a break of pin bar or use a pullback to the pin bar

Here's one that just took place we took out high and a pin bar with a pullback to the pin bar

yes top setup H

at open:

If you look at where you drew line on bottom of first chart that candle was also where you catch a pullback to the top green line. These are trap setups

Your whole day changes for you right

long looking for a retest of 60

Trap pin bar pullback filled 4775 to short

out before the fed minutes

rough day for me gave back 15 after getting over 50 the last two Wednesdays

How did that trade turn out?

'Morning, boys - sub-zero but sunny here... & I don't drive to Switzerland till the weekend !

I have crossed to The Dark Side.... Warning : this is a "passing interest" post, apologies to the regulars as it's really Off Topic to this thread

Having reached my 50 x Live Ger30 unit size, I started yesterday reviewing my auto trade system & am running it this morning in sim mode on live data. It got off to a great start, but as I write the market is moving sideways and it's doing what fast auto trade systems do : going Long>Short>Long etc, a kind of "losing chachacha" dance. It's set to run from 09:00 > 11:00 local, so will see if it can hang on to the early gains : this auto trader NEVER misses a good swing... but it NEVER misses the deadly chop either, so you need both a swinging market (DAX is that more than most) AND a chart style that in itself does some filtering (Renko or range bars are what I favour). Btw, I am using 10 units in this test - this is a mistake, as the platform only fills single units cleanly in sim mode, so my chart and stats will show lots of partial fills, whereas in real life 50 units fill no problem (150 fill OK). Lastly, this is NOT an optimised system : I took a simple MA crossover strategy and matched the parameters as close as possible to ONE of my normal entry setups.

I will update later with a trade list and pip count edit: pip count is (sort of) there, but no trade list, as because of the multiple partial fills, it shows 55 trades !). Early chart (if only they all looked like this) :
Edit : replacing with updated chart and point count, totally insane :



Trade sequence after 37 minutes -7+19+10-6-7-5-3-4+16+1. Just eyeballing the chart, a profit target and trailed stop would have greatly improved these numbers : the strat does have these (presently unused) parameters, as well as "Stop after max daily gain reached". Lots to play with on warm snowy evenings next week... Numbers are full points, so x2 to equivalent FDAX ticks.

After 62 mins : -7+19+10-6-7-5-3-4+16+1-7+1+55-8+26 and open trade around +35 : if this was Live, I would definitely stop trading, as over 200 FDAX-equivalent ticks... but it's an experiment, so I want to see how much damage can be done, as it surely must start ranging after a couple of big swings... (and it did, going -8-1-8-2+6-7-6=0, so losing 26 points :could easily have started like this).

The point of this exercise is to attempt to address the issue of leaving so many pips and ticks on the table every day & the key component -as always - is how to survive the inevitable periods of consolidation. A work in progress.

... and before anyone asks, this is the strategy, all $69 of it : https://www.customtradingsystem.com/...rage-crossover. This is NOT a recommendation to trade it Live - I have ZERO experience of using it in that way - but it's a great research tool for NinjaTrader 8 users who are interested in that sort of thing.

The endless black hole of EAs. always just one more filter away from success lol

a lot of trades which is to be expected from a ma cross but the results were nice because when it finally moved it wiped out losses