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Trading one contract only.. the yellow marked ones are still causing headaches and problems. I wanted to start out doing the simulation with 2 contracts today, but ended up doing just 1 contract.
Still missing something, most of my entries are still based on my criteria, smaller timeframes are still too buggy =/
I do not want to have a drawdown per NQ contract greater than 2 points ( 8 ticks ), but it simply seems impossible at times or in certain circumstances to avoid the whipsaw. Which is what i am trying to eliminate
Well its not so much about news really, just did some analysis over the weekend and i understand the "failure" trades now, about a third of them were entered too late (@market), and the otherones were missrepresentation of signals.
DAX the first 30 min after cash open. This chart is what I used in the past but have updated it with the Flex bars. In auto it uses the swings to set the trend.The attached chart is in auto trend mode. But I prefer to set the trend manually after looking at all the green averages(Fishnet). It is impossible to code the trend using the Fishnet.It is quite fast and uses the H/L swings for trailing the stop. Regards Outlander