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January 28th, 2022, 03:28 AM
Amsterdam, The Netherlands
Legendary Market Wizard
Experience: Intermediate
Platform: NinjaTrader / IB /Rithmic
Broker: EdgeClear / InteractiveBrokers / Rithmic
Trading: DAX / (M)NQ / (M)ES
Frequency: Daily
Duration: Hours
Posts: 611 since Jul 2019
Thanks Given: 2,891
Thanks Received: 860
Friday
FDAX
Gap : no gap
Gap closed during IB: x
Position price at 9:30: inside prior day HL
IB direction: very short
The rules are (still) not ready for these extreme values, like today's IB. So not trade.
FESX same story.
Even though the DAX was a great spectacle this week, it was not for my system/rules. Well, not yet
Can you help answer these questions from other members on NexusFi?
Best Threads (Most Thanked) in the last 7 days on NexusFi
January 28th, 2022, 05:03 AM
Amsterdam, The Netherlands
Legendary Market Wizard
Experience: Intermediate
Platform: NinjaTrader / IB /Rithmic
Broker: EdgeClear / InteractiveBrokers / Rithmic
Trading: DAX / (M)NQ / (M)ES
Frequency: Daily
Duration: Hours
Posts: 611 since Jul 2019
Thanks Given: 2,891
Thanks Received: 860
Andreikoan
Thanks for your journal, Deetee. Can you tell me what session close time do you use for DAX 17:30 or 22:00
CET ?
Thank you for your message.
(For now) I'm only looking at the RTH (9:00-17:30 CET). Maybe in the future I could extend this.
January 30th, 2022, 08:59 AM
Amsterdam, The Netherlands
Legendary Market Wizard
Experience: Intermediate
Platform: NinjaTrader / IB /Rithmic
Broker: EdgeClear / InteractiveBrokers / Rithmic
Trading: DAX / (M)NQ / (M)ES
Frequency: Daily
Duration: Hours
Posts: 611 since Jul 2019
Thanks Given: 2,891
Thanks Received: 860
Results
This week I had 1 FDAX trade in this journal, 48 points loss.
Total results for this journal:
January 31st, 2022, 03:21 AM
Amsterdam, The Netherlands
Legendary Market Wizard
Experience: Intermediate
Platform: NinjaTrader / IB /Rithmic
Broker: EdgeClear / InteractiveBrokers / Rithmic
Trading: DAX / (M)NQ / (M)ES
Frequency: Daily
Duration: Hours
Posts: 611 since Jul 2019
Thanks Given: 2,891
Thanks Received: 860
Monday
Last day of the month
FDAX
The up gap at opening + last day of the month filters don't have enough sample days in the data.
So no trade
FESX idem dito
February 1st, 2022, 03:27 AM
Amsterdam, The Netherlands
Legendary Market Wizard
Experience: Intermediate
Platform: NinjaTrader / IB /Rithmic
Broker: EdgeClear / InteractiveBrokers / Rithmic
Trading: DAX / (M)NQ / (M)ES
Frequency: Daily
Duration: Hours
Posts: 611 since Jul 2019
Thanks Given: 2,891
Thanks Received: 860
Tuesday
First day of the month
FDAX
Gap : no gap (open at prior day high)
Gap closed during IB: x
Position price at 9:30: above prior day HL
IB direction: long
DAX Short trade
Entry 10:30 @ 15550
Exit 13:30 @ 15596 (SL)
SL 46 pts
Result -46 pts
Historical results with this setup:
SumR 352 (19 trades/win% 84%)
So, SumR translates to a relative (to current FDAX price) result of 29 points per trade (SumR/No of trades/10000*9am open price)
Let’s see
FESX: Short 1130-1230 SL 15pts >> result -15
February 2nd, 2022, 03:27 AM
Amsterdam, The Netherlands
Legendary Market Wizard
Experience: Intermediate
Platform: NinjaTrader / IB /Rithmic
Broker: EdgeClear / InteractiveBrokers / Rithmic
Trading: DAX / (M)NQ / (M)ES
Frequency: Daily
Duration: Hours
Posts: 611 since Jul 2019
Thanks Given: 2,891
Thanks Received: 860
Wednesday
FDAX
Gap : no gap
Gap closed during IB: x
Position price at 9:30: above/inside prior day HL
IB direction: long
The no gap + price above prior day HL at 9:30 doesn't leave many days. So, no trade.
FESX same
February 3rd, 2022, 03:29 AM
Amsterdam, The Netherlands
Legendary Market Wizard
Experience: Intermediate
Platform: NinjaTrader / IB /Rithmic
Broker: EdgeClear / InteractiveBrokers / Rithmic
Trading: DAX / (M)NQ / (M)ES
Frequency: Daily
Duration: Hours
Posts: 611 since Jul 2019
Thanks Given: 2,891
Thanks Received: 860
Thursday
FDAX
Gap : down gap
Gap closed during IB: yes
Position price at 9:30: below prior day HL
IB direction: short
Mixed results, not many occurrences either. No trade
FESX not good
February 4th, 2022, 03:35 AM
Amsterdam, The Netherlands
Legendary Market Wizard
Experience: Intermediate
Platform: NinjaTrader / IB /Rithmic
Broker: EdgeClear / InteractiveBrokers / Rithmic
Trading: DAX / (M)NQ / (M)ES
Frequency: Daily
Duration: Hours
Posts: 611 since Jul 2019
Thanks Given: 2,891
Thanks Received: 860
Friday
FDAX
Gap : no gap
Gap closed during IB: x
Position price at 9:30: below prior day HL
IB direction: short 123pts
Extreme IB value, no trade
FESX too few occurrences
February 5th, 2022, 02:03 AM
Amsterdam, The Netherlands
Legendary Market Wizard
Experience: Intermediate
Platform: NinjaTrader / IB /Rithmic
Broker: EdgeClear / InteractiveBrokers / Rithmic
Trading: DAX / (M)NQ / (M)ES
Frequency: Daily
Duration: Hours
Posts: 611 since Jul 2019
Thanks Given: 2,891
Thanks Received: 860
Results
This week I had 1 FDAX trade in this journal, 46 points loss.
Disappointing, yes.
Giving up, no.
Need to do more work, yes, much more.
I need to look:
* for stronger statistics, meaning trades based on a higher number of historical trades
* into gap days
* into first & last days of the month
* into IFO days
* into day before and after long weekends
* into pre-market and/or overnight data
* into days with an extreme IB or prior day HL/OC values
And more.
I do believe there is good money to be made with the system.
I'm working on a project and am going to move houses. When that's done, I will dedicate my time again on doing the work I need to do.
Total results for this journal:
Have a good weekend
February 7th, 2022, 03:36 AM
Amsterdam, The Netherlands
Legendary Market Wizard
Experience: Intermediate
Platform: NinjaTrader / IB /Rithmic
Broker: EdgeClear / InteractiveBrokers / Rithmic
Trading: DAX / (M)NQ / (M)ES
Frequency: Daily
Duration: Hours
Posts: 611 since Jul 2019
Thanks Given: 2,891
Thanks Received: 860
Monday
FDAX
Gap : no gap
Gap closed during IB: x
Position price at 9:30: inside prior day HL
IB direction: short
The system is giving a trade (Long 10:30-13:00) but not very strong and considering the almost extreme IB, I will skip the FDAX trade.
FESX, also almost extreme IB, but the trade is strong: Long 11:00-14:00 SL 14 >> result 12,5 pts
Let's see
Last Updated on July 1, 2024