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Make Trading simple!

  • #441
  • Apr 3, 2024 4:48pm Apr 3, 2024 4:48pm
I am quick new to trading and have been doing well with order blocks. I have a quick question. How do you know if price is going to respect your demand or supply zone if there are more than one demand or supply on the chart
  • #442
  • Apr 3, 2024 9:35pm Apr 3, 2024 9:35pm
Hey everyone. Blessings. So I have been slammed all week and have not even traded at all. Sad I would have liked to trade today.

But really I study the P/A for the chop. Most indicators that say it measures that are really slow. So Stopped trying to use them. I use the BB's mostly. When they are close together and the Moving average is just going pretty much straight across the screen. Old school I know. As far as support and resistance or Supply and Demand. Those are area's or zones not an exact number. You have to wait and see if price rejects that area or breaks through.

I use the higher 1500 tick chart, When the BB's are going parallel to each other you are in chop. You could use Keltner Band or something simular and get the same results.
  • #443
  • Apr 5, 2024 8:37pm Apr 5, 2024 8:37pm
Quoting kthrapp350
Hey everyone. Blessings. So I have been slammed all week and have not even traded at all. Sad I would have liked to trade today. But really I study the P/A for the chop. Most indicators that say it measures that are really slow. So Stopped trying to use them. I use the BB's mostly. When they are close together and the Moving average is just going pretty much straight across the screen. Old school I know. As far as support and resistance or Supply and Demand. Those are area's or zones not an exact number. You have to wait and see if price rejects...
I'm hoping you come back and post updates on how your trades are going with screenshots of your charts as you did in the beginning.
  • #444
  • Apr 6, 2024 4:34pm Apr 6, 2024 4:34pm
Quoting marvin1987
{quote} I'm hoping you come back and post updates on how your trades are going with screenshots of your charts as you did in the beginning.
I will. Going to do a replay of Friday. Since I was gone all week, feel a little out of touch. So I will post the charts. How long have you been trading and who is your broker?
  • #445
  • Edited 10:03pm Apr 6, 2024 9:40pm | Edited 10:03pm
The yellow Ema's are 12 periods set at high, 12 periods set at low and then a 12 period (blue) in the middle. Price has to close above or below the band to go long or short. The Macd has cross in the same direction. I use the CCI and Sto-rsi also. Both have to be above or below the zero line or the .5 line. The opposite band is your stop. Pretty simple. saw this the other day. Similar to my usual stuff so made it a part of my charts. I like it. Simple. But Friday was simple. Had plenty of room to trade.
Attached Image (click to enlarge)
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there is a gentle man that has a thread on here Rockypoint who trades similar also. He use bands of 8Eme;s and the Macd with Renko charts and does quite well. Check out his thread. You might like it. And Vidvad had a thread the is similar. Good trader. Check out his thread also. similar strategy.
  • #446
  • Apr 7, 2024 9:07pm Apr 7, 2024 9:07pm
Quoting kthrapp350
The yellow Ema's are 12 periods set at high, 12 periods set at low and then a 12 period (blue) in the middle. Price has to close above or below the band to go long or short. The Macd has cross in the same direction. I use the CCI and Sto-rsi also. Both have to be above or below the zero line or the .5 line. The opposite band is your stop. Pretty simple. saw this the other day. Similar to my usual stuff so made it a part of my charts. I like it. Simple. But Friday was simple. Had plenty of room to trade. {image} there is a gentle man that has a thread...
Really appreciate you doing this.

I've been trading for 2 years but 1 year on futures. By far my 3 biggest problems have been 1. Oversizing And 2. When a trade goes my way, I expect it to go to a certain area to take profit but it reverses. 3. I tend to get in a trade too late. Every time I try to pick a bottom like a lot of people do, it continues going againt me. So I have figured taking small profits like you're doing with your strategy would work best for me.

As for your strategy, I have done just OK to be honest. When I did this on day 1, every trade worked for 5 ticks. The next day, multiple trades seem to get 4 ticks and then reverses and stops me out. My main issues have been that I try to take a position on every cross (this actually worked on the first day and that maybe just set bad expectations for me when there is a small trend). Sometimes I get in, and the CCI line goes right back below 0. Looking on your chart above, the following is what I would have done and I would have taken losses:

- short at 8:35 when the green line crossed below the 0 (you actually went long a couple minutes later....is that because CCI was already above the 0 and you saw the Stoch-RSI cross upwards?)
- short at 8:46
- long before 9:01

It looks like you stayed out of shorts before 9 because of the trend correct? I struggle with this because every time I think there is an actual trend, the market just goes back and forth. Whenever I don't think there will be an actual trend, I miss it all lol
  • #447
  • May 10, 2024 1:20am May 10, 2024 1:20am
dear pastor, thank you for the thread! exactly what i was looking for. i love the ES. good price action, great movements and low fees. perfect for quick in and quick out. also if you have only 1 or 2 hours per day for trading, still plenty of opportunities. i tried stocks and forex for years but failed cause for me still the usd/eur 1 min chart is too slow. and too much spread and comission. so glad i fell over your thread.
****** now i only have one question, can anybody help?
i opend a ninjatrader 8 demo with 50k "demo-money" margin. i have around $4 fees return. today i had only positiv trades. i made $160 win with them but my cash balance shows only a total profit of $17. seems that ninjatrader is taking even more fees? is it for margin?
i want to open a real account with $2'000 for trading. for each trade i take around 3 ticks profit ($37). wich fees for each trade do i have to pay? only these $4? or more? ( if i trade on the standart account without monthly fees) thank you so much for helping here :-) cheers.*******
  • #448
  • May 11, 2024 6:30pm May 11, 2024 6:30pm
Quoting chart2000
dear pastor, thank you for the thread! exactly what i was looking for. i love the ES. good price action, great movements and low fees. perfect for quick in and quick out. also if you have only 1 or 2 hours per day for trading, still plenty of opportunities. i tried stocks and forex for years but failed cause for me still the usd/eur 1 min chart is too slow. and too much spread and comission. so glad i fell over your thread. ****** now i only have one question, can anybody help? i opend a ninjatrader 8 demo with 50k "demo-money" margin. i have around...
Ninja trader posts all the fees that will charged for each trade on there website. I pay under 5 dollars per round trip. Meaning that includes entering and then exiting the trade. You can get a data feed for the account for as low as 16 dollars that is all you need really. That is charged to a credit card once a month. So if you get a daily statement which you would when you trade live it would break down all the fees for each trade.
  • #449
  • May 11, 2024 6:58pm May 11, 2024 6:58pm
My current chart 610 tick
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  • #450
  • May 11, 2024 6:59pm May 11, 2024 6:59pm
1500 tick chart
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  • #451
  • May 13, 2024 3:39am May 13, 2024 3:39am
Quoting kthrapp350
{quote} Ninja trader posts all the fees that will charged for each trade on there website. I pay under 5 dollars per round trip. Meaning that includes entering and then exiting the trade. You can get a data feed for the account for as low as 16 dollars that is all you need really. That is charged to a credit card once a month. So if you get a daily statement which you would when you trade live it would break down all the fees for each trade.
ok great, i see. thank you.
  • #452
  • Jun 2, 2024 7:34pm Jun 2, 2024 7:34pm
Attached Image (click to enlarge)
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  • #453
  • Jun 14, 2024 11:01pm Jun 14, 2024 11:01pm
Was finally home today where could sit at my desk and trade. I traded the MES today with 3 contracts per trade. I have not been around much lately to trade so I am a little rusty. This I traded small today. This is my chart of some of my trades. I trade a lot small trades just getting 4-8 ticks per trade. So I trade a lot. 41 trades today. after the commissions a made about 310.00 dollars. Not a lot but at least I was in the green.
Attached Image (click to enlarge)
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  • #454
  • Oct 31, 2024 5:26pm Oct 31, 2024 5:26pm
Great more . Does trading ticks make profit taking quicker? . Thanks .
  • #455
  • Oct 31, 2024 5:27pm Oct 31, 2024 5:27pm
unpredictable.
  • #456
  • Nov 2, 2024 12:15am Nov 2, 2024 12:15am
Sharing one of my "first" multiday hold positions...

I guess I'm starting to get the hang of this.

Still a loss in general though. Looking forward to finally profiting from fx...
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"No trade is still a trade." - Peter Borish
  • #457
  • Edited 11:09am Nov 9, 2024 10:56am | Edited 11:09am
This is the Anchor chart I have been trading lately. it is 1200 tick chart of the ES. RSI set at 14/34. I have been doing most of my entries on this chart. some time as the markets change how they trade you have make minor changes to your charts. a few years ago the markets were more active. But since then have slowed down. So I slowed down my charts a little.
Attached Image (click to enlarge)
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  • #458
  • Nov 9, 2024 10:59am Nov 9, 2024 10:59am
This my faster chart. it is a 400 tick chart. I never trade when these two do not agree with each other. It is the same chart setup as he 1200 just a faster time frame.
Attached Image (click to enlarge)
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  • #459
  • Dec 18, 2024 9:42pm Dec 18, 2024 9:42pm
Hi kthrapp thanks for sharing your system looks great do you think i could use the same setting in the spx500 on tick chart.
  • #460
  • Dec 20, 2024 6:56am Dec 20, 2024 6:56am
Quoting roddy321
Hi kthrapp thanks for sharing your system looks great do you think i could use the same setting in the spx500 on tick chart.
Yes you can.
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