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Hello, here is my first trade of the day, i will trade the next one after the Crude Oil Inventories, probably we´ll see some action today, +10 ticks trading on BRN´s, and MN´s. crude is in a downside as far can tell, but any surprises can come,
Thanks for sharing your template with other futures.io (formerly BMT) users. You did nothing wrong, the "x" in the attached file description I believe just indicates you have uploaded an ".xml" file. Had you uploaded a ".doc" file than a "w" icon would appear indicating it is a MS Word file extension.
THis could help someone, it is an strategy based on BRN´s or Big Round Numbers, it is based on a Renko chart of 3 but you can use it as better suits you, for me i trade the 3 and 4 Renko charts, anyway, it is quite profitable, i use it all the time, wanted to share this with you,
what you need:
Renko 3 Chart,
Round Numbers indicator
TDI indicator
Stochastic indicator with the settings of 3,8,3.
Current day OHL
Prior day OHLC
Heiken Ashi ATM Swing (Not necessary but useful)
I have attached the template for this strategy.
LONG Entry Setup:
1. a MUST with the TDI Indicator: The price line (Green) have to cross up the signal line (red) BUT BOTH lines HAVE to be ABOVE the Bollinger Average (Yellow).
2. Stochastic Below 20 and Crossing upwards.
3. Be around a Big Round Number (00,20,50,80) or a Mid Number (10,35,65,90)
Today we have the expected number of NFP, it is expected to come at a 114k, if the number is higher above 120K will see the price on Oil could rise, as consumption will rise too.
I just closed my first round trade, it was for 20+ ticks. probably will take one or two more trades depending on market reaction and movement, but for now, i could say that ended the week with a good amount of ticks in the pocket.
The system and strategy works almost to the perfection.
I´m trying not to be greedy, and keep profits in the right side (my account and bank)
This is how i ended with this account this week.
so far so good, i can see my trades are really short related to time, but profitable. i hope i can keep focused and maintain this performance along all the month.
Thank you JD for your post, it is a Nice Profitable week for you.
what it shows me is your dedication to your System, your ability to wait for Good Set ups and Money Management Skills. This All Equals a Good Trader and Profits by the End of the Week, like you have shown.
Great Job and Thanks again for posting your Trades and Trade Record for the Week.
You know, a little profit each day does add up.