COT: The precious data ignored
- #447,823
- May 24, 2011 7:43am May 24, 2011 7:43am
- Joined Mar 2010 | Status: aka QueenB | 4,808 Posts
I got pretty lazy lately... or too risk-aware. When we turned around at 1.49, I had lost focus on my beloved ass-chart, which I'm playing again since then.
As long as we don't close above 1.4141.8, I have no reason to turn any screw atm.
Intraday I like to scalp the green levels on the second chart
- #447,827
- May 24, 2011 7:48am May 24, 2011 7:48am
- Joined Apr 2005 | Status: Mr. R.E. TIRED | 4,540 Posts
nice chart hatch. your levels match mine
" Never let the past hold the future to ransom "
- #447,828
- May 24, 2011 7:49am May 24, 2011 7:49am
- Joined Jul 2007 | Status: Trader | 17,796 Posts
I see lots of shorts in 40999
COT: The precious data ignored
- #447,831
- May 24, 2011 7:51am May 24, 2011 7:51am
- Joined Aug 2010 | Status: Tööröh | 14,292 Posts
Hero calls followed by margin calls...
- #447,832
- May 24, 2011 7:53am May 24, 2011 7:53am
- Joined Mar 2010 | Status: aka QueenB | 4,808 Posts
Working of the same levels so far, messy range at present.
and of course, glad to see that i am on the same page as you great traders are
4092 & 4072 ... got to go one way or the other imho
- #447,835
- May 24, 2011 7:55am May 24, 2011 7:55am
- Joined Jan 2010 | Status: Trader | 11,001 Posts
nice chart hatch. your levels match mine
Working of the same levels so far, messy range at present.
glen, if you find the time, I'd be interested in your criteria for choosing the compounding factor you employ. do you mind sharing?
- #447,839
- May 24, 2011 7:59am May 24, 2011 7:59am
- Joined Mar 2010 | Status: aka QueenB | 4,808 Posts
there must be sth. to it, then
glen, if you find the time, I'd be interested in your criteria for choosing the compounding factor you employ. do you mind sharing?
Just a brief explanation about how I use compounding and what compounding factor means.
I trade two "speculation accounts " as well as " investment accounts"
Speculation accounts are reset every month and trade size is = 100k/$10000
or 1 minilot / $1000 capital.
Example:
Account $10000 trades 10 minilots or 1 lot
Account balance $12000 trades 12 minilots (compounding factor 1.2)
Account balance $16000 trades 16 minilots (compounding factor 1.6)
Account balance $18000 trades 18 minilots (compounding factor 1.8)
etc etc
At month end I take out a " salary " from the "speculation accounts" and transfer the balance to the "investment accounts"
The "speculation accounts" will start the new month with original balance.
The "investment accounts " are traded at a rate of 10 minilots/$20000 capital and compounded accordingly.
I trust it makes sense to you.