Williams%R, SAR X-over 15 minute candles

From about 6:30 on some big candles back and forth on the DX keeping 6E going up and down in a dencent trading range. 5 trades 4 winners and 1 loser.
Again with a little change to system using 5 tick range bars ,10 ema hi/lo, macd and psar x-overs. I'm feeling a little restless lately some changing how I do things a little helps me focus. However if this is getting confusing or annoying let me know

USD is a hot mess today so no trades for me, indexes messy too. I'm done. Everyone have a great weekend.

Quiet profitable day with the 6E, 1 good sized win followed by 2 smaller wins. Generally stress free day good way to start the week. Forgot also got a very nice win on the ES but with the indexes I'm staying away from renko and sticking to 5 min. charts

Wow super boring day 6E flat, indexes needed very large stops so I passed on all today. Just ordered some pizzas for everyone.

An ok day waited for 6:30 US GDP number to settle a bit before trading 6E gave 3 decent trades 16 ticks ea. Had other things on my mind today so traded with S/L and TP. which I don't normally do, S/L of 10 ticks and TP of 16 Ticks. Trading 2 contracts that gives me max $125 loss and $200 win.

My ladies came up with something new today wanted to trade the Mexican Peso. I said fine but first try it for a few days in Demo, which they started today.
Warned them that peso does not always corelate to what USD does(I was politely told we noticed LOL). They are using 1 min. heiken ashi candles, 8 ema Hi/lo channel and WPR 16. they took 7 trades today 1 loser for 3 ticks, 2 B/E's And 4 winners for a total of 40 Ticks. Think the idea has some merits but needs a little tweaking on entry exit. One trade they missed a few ticks because they got out at B/E. On the other hand if the trade doesn't go their way quikly they're out. So we'll see how it goes.

Morning a good day pretty easy trading, changed thing up again today by adding 10 period donchian channel a switching MACD to WPR. But as always PA is king.
The teaching has been good for me, keeps me on my toes and from getting stale. I get bored with same thing every day so changing the visuals helps. Even though essentially I'm not trading differently just how it looks.

Knocking off early its Friday and have some shopping to do, cooking for some friend tonight. Cooking my version of Feijoada, plus still have a couple of bottles of Cachaca. So Caprihana's for everyone.

In 2 trades long on 6E and 6M. Just closed 6E for 57 ticks, look like 6M soon to follow

Hi All,

Great thread rockypoint, I'll admit I read the first 10 pages then skipped to the end, to see how the thread has evolved. Looks to me its relatively the same concept, and people just put their own 2 cents into it. RP I love the simplicity of your strategy, it really resonates with my trading beliefs and psychology. Below is my spin on your methodology.

Indicators - 2 supertrends and WPR

Supertrend 1 parameters - 10 period, 1.5 multiplier
Supertrend 2 paramerters - 10 period, 3 multiplier

WPR parameters - 16 period, -50 level.

I have used supertrend in past with other systems of mine to help filter chop and have read about other forum members doing the same. I personally don't need to take every signal that my system gives, even though I experience FOMO I'm looking to only take the best set up's. RP I like that you only make a few trades a day and then you're done, I've gone down the rabbit hole reading about CTA's such as Jerry Parker, Tom Basso and Ed Sykota, and they are all mechanical trend followers. I think it's important to note that when trading intraday on FOREX or Futures (as in my example below), there is a fair amount of noise, and so you want to make your money and be done. In a perfect world I would profit 200 - 500 per day and move on with my day, but nothing is perfect in trading.

Today's trend on 6E and 6M was fairly strong so stayed with the trend on my trades 2 long winners on 6M 2 long winners on 6E and 1 B/E. Plus my of late constand tinkering added RSI today.

Late post today. After trading room, off food shopping, then some other errands and then a workout. Very nice PA today very tradeable. 5 trades all shorts against the earlier up trends. I marked the charts up a little more than usual today, listing why I took trades. On 6E and 6A you'll notice I listed USD moving up, but on 6M no. 6M for whatever reason does not always react to USD the same way so while I pay some attention to USD it's less of a certainty. All my people are doing well and making money. Looks like I missed 2nd explanation on 6E but it's exactly same as the first trade.

any template pls ?

Caught the ride on 6E this morning 96 ticks in about 12 mins. The 6M did what I said it does sometimes and went down a bit, stayed out which worked out finen small move.

Wild ride today I'm done. 2 of my trades today entries covered multiple candles it's marked on this chart but wasn't on first chart, that 56 tick win is actually 53.
Days like today don't happen a lot and really get adrenaline pumping. Staying calm can be challenging.

USD rundown coulb be a bit over done we'll see what happens now the NYSE is open.

There is at least some profit taking on the 6E happening. Moving down after a small run up at the open. Actually last 2 bearish divergences have been good opportunities especially the current one.

Now I'm just watching though done trading for the day. Though I might check becak in around 1pm for the end of day see if there is anymore movement.

Hi RP. Thanks for your effort. You have proven that price action is king and so many filters do not necessarily mean success, if anything, they hamper trading, especially day trading. Because of so many filters many traders, myself included tend to enter exhausted moves, or when pullbacks are about to happen, instead of entering at exact or near exact turning points. I have some refining to do, and some clutter to throw off my charts.
Are you at liberty to say how much your students started off with in their accounts and risking how much, 2 percent per trade? Trading is so tempting. Almost everyone thinks of quitting school, work etc when they come across trading,more so when they experience success like your students. So how have they managed not to quit school? I think some might have put across that idea lol. You said you would cut them loose if they quit school. So if they go ahead with school and quit it after completing their studies, that would be OK with you as long as they finish first?

Hey Ickihouse, Adx in conjunction with Macd a good combo, ADX for strength and Macd to help with entries.

As for my students I paid their subscription fee's while they went through evaluation for Prop. Firm. They all started with 25k in their live accounts and 4 have been upped to 50k. Since they switched to currency futures and away from the indexes risk is about 1% to start. I've taught them to get out of trades if they don't start moving their way after a couple of candles. So most losses are around 10 ticks ($50-62.50) At 10 tick profit move S/L to B/E at 20 move to 15 ticks.

As far as school yes if they quit or flunk out, they get cut loose. Interestingly enough, while 2 of them were 4.0 students all of the others grades have gone up.
Think it's because of learning the discipline of trading.

Today was a killer trading day for 6E, I hung it up early and there were aboutanother 5 easy trades. But I'm happy with my day