123 on ym +11
3
Plan the Trade / Trade the plan 74 replies
Plan the Trade and Trade the Plan: Swing Trading the Euro 5 replies
My backtest - optimisation - trade plan 0 replies
A realistic trade plan 6 replies
my trade plan for next week 47 replies
DislikedThat was a signal bar, but the trade did not trigger. Order as shown has been cancelled and waiting a new signal bar. {image}Ignored
Disliked{quote} It took some patience, but here is the first trade for a +4 point profit at 2Xactual risk {image} I have to say that this is a very relaxed way of trading. You either have a signal or you don't. If you have a signal you place the order. If triggered, you move your stop according to the rules. The reason for the actual risk profit target is because the ideal risk profit target would have been above today's high. Unless the signal is occurring in a gap and go uptrend pullback, it is unreasonable to place a profit target above the reigning...Ignored
Disliked2 trades on NQ this session (SIM): T1: I guess the one that everyone took, short on a 123s (reversal/possible change of trend). It filled nicely and went to TP within 2 minutes. If only it could be like this all the time ;0) T2: short on a 123s back into the trend, with a small thrust bar. As you can imagine seeing entry/exit on the chart, a bit frustrating, as it took me out at BE, to the very tick, and then look at that sell off. Took off like a steaming train!! I need to work out on how I want to precisely manage my SL after entry, write it on...Ignored
Disliked{quote} great work jf i had my entry a little higher or i would had had a +1 also kudos for spotting the setups jf you wrote I need to work out on how I want to precisely manage my SL after entry, write it on a piece of paper, and follow it with discipline for 20 trades. Far too emotional and random with that SL at the moment.i had it on auto when up 6 stop moves to +1 when up 15 auto for stop at +10 when over 20 i right click and have my hand on flattenIgnored
DislikedI was discussing the concept of "Three pushes" market behavior in last night's blog post. Here is a potential for three pushes, or we may have the first higher low of the day which would again put us on the look out for long signals. {image}Ignored