SPX and DAX - CFDs are the place to be | Page 88 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

NAS100 NASDAQ100 ONLY (ND and NQ Futures and CFDs) 227 replies

NAS100 NASDAQ100 Only (ND and NQ Futures and CFDs) 3 replies

Best Way To Track The S&P: SPX or SPY? 1 reply

finding good trades with Nasdaq, dow, spx, and dax 43 replies

US$/SPX/CL/HKG and Chinese Trading 1 reply

Attachments: SPX and DAX - CFDs are the place to be
Exit Attachments

SPX and DAX - CFDs are the place to be

  • #1,741
  • Sep 3, 2014 2:31am Sep 3, 2014 2:31am
Quoting Ata-Turkoglu
{quote} Hi xiaoxin.. What do you think? Could there be a gap close attempt before it gets higher??? (actually asking everyone) Happy Trades
gap-close is a tactic with a likelihood above 80%.
fortis fortuna adiuvat
  • #1,742
  • Sep 3, 2014 2:32am Sep 3, 2014 2:32am
Quoting Ata-Turkoglu
Yaawnnn.. recovering phase.. boooooring Happy Trades

let's hope that its not a distribution phase......closed both by SL 1pt < the 89MA.......I was tempted to close both when price failed to break the **50 level.....too much tinto at last night's BBQ, so I was slow!
Trading Levels with WRBs
  • #1,743
  • Sep 3, 2014 2:33am Sep 3, 2014 2:33am
Hi all,

I was wondering if any of you employ the strategy of moving stoploss to breakeven after you have gone onside a certain number of ticks/percentage?
Do you feel this smooths your equity curve?
In my experience protecting downside is vital and i like the idea of locking in a profit or at least eliminating a loss as early as possible.

Even if it reduces the number of winners you have I imagine your equity curve is smoothed as you eliminate a lot of losses and you are playing with the markets money instead of your own when it goes for you.
  • #1,744
  • Sep 3, 2014 2:40am Sep 3, 2014 2:40am
Quoting Cprice76
Hi all, I was wondering if any of you employ the strategy of moving stoploss to breakeven after you have gone onside a certain number of ticks/percentage? Do you feel this smooths your equity curve? In my experience protecting downside is vital and i like the idea of locking in a profit or at least eliminating a loss as early as possible. Even if it reduces the number of winners you have I imagine your equity curve is smoothed as you eliminate a lot of losses and you are playing with the markets money instead of your own when it goes for...
yes, thatīs me.
fortis fortuna adiuvat
  • #1,745
  • Sep 3, 2014 2:44am Sep 3, 2014 2:44am
Quoting Cprice76
Hi all, I was wondering if any of you employ the strategy of moving stoploss to breakeven after you have gone onside a certain number of ticks/percentage? Do you feel this smooths your equity curve? In my experience protecting downside is vital and i like the idea of locking in a profit or at least eliminating a loss as early as possible. Even if it reduces the number of winners you have I imagine your equity curve is smoothed as you eliminate a lot of losses and you are playing with the markets money instead of your own when it goes for you.
that's the way I operate (mostly), be prepared to say goodbye to a lot of trades (>50%) though, which doesn't hurt
It's hard to see trades killed by SL and then going the way expected but that is the price of protecting your capital
Don't be a hero. Don't have an ego. Always question yourself
  • #1,746
  • Sep 3, 2014 2:44am Sep 3, 2014 2:44am
Quoting deltaone
{quote} yes, thatīs me.

At what point do you move your stop to Breakeven point??

Cheers!!
  • #1,747
  • Sep 3, 2014 2:44am Sep 3, 2014 2:44am
Quoting Cprice76
Hi all, I was wondering if any of you employ the strategy of moving stoploss to breakeven after you have gone onside a certain number of ticks/percentage? Do you feel this smooths your equity curve? In my experience protecting downside is vital and i like the idea of locking in a profit or at least eliminating a loss as early as possible. Even if it reduces the number of winners you have I imagine your equity curve is smoothed as you eliminate a lot of losses and you are playing with the markets money instead of your own when it goes for you.
Yeah.. with smart stop loss move I don't bother if I get stopped out.. no problem.. can jump in again with the next higher high.. and once you set your stop loss at BE it's good for your nerves

Happy Trades
Focus only on what truly matters!
  • #1,748
  • Sep 3, 2014 2:46am Sep 3, 2014 2:46am
short @9530 sl 9540 tp 9500
fortis fortuna adiuvat
  • #1,749
  • Sep 3, 2014 2:49am Sep 3, 2014 2:49am
Fdax

Moved my SL to 9524

Happy Trades
Focus only on what truly matters!
  • #1,750
  • Sep 3, 2014 2:52am Sep 3, 2014 2:52am
Quoting Cprice76
{quote} At what point do you move your stop to Breakeven point?? Cheers!!
normally @ +10 (dax) or +20 (dow)
fortis fortuna adiuvat
  • #1,751
  • Sep 3, 2014 2:53am Sep 3, 2014 2:53am
sl hit. -10
fortis fortuna adiuvat
  • #1,752
  • Sep 3, 2014 2:53am Sep 3, 2014 2:53am
Quoting Cprice76
Hi all, I was wondering if any of you employ the strategy of moving stoploss to breakeven after you have gone onside a certain number of ticks/percentage? Do you feel this smooths your equity curve? In my experience protecting downside is vital and i like the idea of locking in a profit or at least eliminating a loss as early as possible. Even if it reduces the number of winners you have I imagine your equity curve is smoothed as you eliminate a lot of losses and you are playing with the markets money instead of your own when it goes for you.

LOL - from my post immediatly above yours.......closed both by SL 1pt < the 89MA
Trading Levels with WRBs
  • #1,753
  • Sep 3, 2014 2:54am Sep 3, 2014 2:54am
Fdax

Now adding to my long..

Pending Order (Buy Stop): 9555

Happy Trades
Focus only on what truly matters!
  • #1,754
  • Sep 3, 2014 2:55am Sep 3, 2014 2:55am
short UK100 @ 6871
The best thing that can happen to you is to find out where you're wrong.
  • #1,755
  • Sep 3, 2014 2:56am Sep 3, 2014 2:56am
Quoting Driver55
{quote} SAR = Stop and Reverse ( in my case close short and open long pos. at the same time)

Thanks.. You see HK40 and China's Index today? I just opened up a small short on HK40 @ 25260
  • #1,756
  • Sep 3, 2014 2:57am Sep 3, 2014 2:57am
Quoting Cprice76
Hi all, I was wondering if any of you employ the strategy of moving stoploss to breakeven after you have gone onside a certain number of ticks/percentage? Do you feel this smooths your equity curve? In my experience protecting downside is vital and i like the idea of locking in a profit or at least eliminating a loss as early as possible. Even if it reduces the number of winners you have I imagine your equity curve is smoothed as you eliminate a lot of losses and you are playing with the markets money instead of your own when it goes for you.
I trade S/R, and often I'll adjust when a new S/R is tested (depending on intraday/daily setup) , either price goes back to your entry or continue to the next area (in a perfect world ).. so not exactly a fixed amount, more an indication from the price and from a logical concept.. in the end it depends on your tradeplan, what might work for you could destroy another persons tradeplan..
Patience is a virtue...
  • #1,757
  • Sep 3, 2014 3:00am Sep 3, 2014 3:00am
Quoting stylinex
{quote} Thanks.. You see HK40 and China's Index today? I just opened up a small short on HK40 @ 25260
well, I look normally at the European and American indexes
The best thing that can happen to you is to find out where you're wrong.
  • #1,758
  • Sep 3, 2014 3:02am Sep 3, 2014 3:02am
Quoting stylinex
{quote} Thanks.. You see HK40 and China's Index today? I just opened up a small short on HK40 @ 25260
very dangerous imo, big bull is developing as I see it but might be wrong
Don't be a hero. Don't have an ego. Always question yourself
  • #1,759
  • Sep 3, 2014 3:02am Sep 3, 2014 3:02am
Quoting Ata-Turkoglu
Fdax Now adding to my long.. Pending Order (Buy Stop): 9555 Happy Trades
I have 2 longs now:

1) Opened 9501
2) Just Opened at 9555

Moved both trades SL to BE of second long: 9555 (No risk)

Happy Trades
Focus only on what truly matters!
  • #1,760
  • Sep 3, 2014 3:02am Sep 3, 2014 3:02am
Quoting Ata-Turkoglu
Fdax Now adding to my long.. Pending Order (Buy Stop): 9555 Happy Trades
me too in the 7:52 bar as price pushed back up above the 89 MA
Trading Levels with WRBs
2 traders viewing now