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There was no trading this afternoon...did not get in as EMA stayed positve all afternoon...Will open new series after 1.30 am,subject to radiation leaks...
Todays trade was a close call...had approximately 3 more trades and would have hit a stop....took 26 trades equal recent high to complete series...but profitable
Not trading today...never really like Fridays...focusing all my day on Multicharts and probably annoy the hell out of them with some specific needs in order to justify buying their product...
Have had an exacerbating weekend trying to get data from MC..don't know whether it was them or broker feed or CME/Globex...but was not fun
As a result of Friday's fortunate lay off from this strategy I have made a specific change to the EMA setting which will bring in (hopefully) more profit hits from the CMO 'extreme' range. In essence, I will be in effect reducing the potential +10 profit goal for the sake of less ,but more frequent profits at the extremes while,and more importantly, reducing potential exposures to my stop loss method.
I will not disclose the specific change for a week, but will be (am) running the change with the current EMA100, meaning I am running double contracts ( exposure) where both levels trigger a trade.
In effect, if it goes totally wrong over night I will have 2 losses.
Currently was S at 7675 and 7525
L 7600 and 7675...might be a little confusing but in time will resolve itself.