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The Italian Job


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  #51 (permalink)
 
redratsal's Avatar
 redratsal 
Milan (I)
 
Experience: Advanced
Platform: Ninjatrader
Broker: Kinetick
Trading: FDAX,6E,CL,YM,NQ,ES
Posts: 1,648 since Oct 2010
Thanks Given: 1,216
Thanks Received: 2,090

In order to reduce risk I never enter 2 trades contemporary with different instruments, in this case I was in with 6E and a Volume allarm was playing on my 5 min CL chart. The alert was repeated for 4 bars, it is to me a clear sign to stay out for counter trends. If I was in the trade I would have probably reversed, CL did 200 pips in less than 40 minutes.




The trade with 6E, 5 contracts, was closed with +856USD


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  #52 (permalink)
 
redratsal's Avatar
 redratsal 
Milan (I)
 
Experience: Advanced
Platform: Ninjatrader
Broker: Kinetick
Trading: FDAX,6E,CL,YM,NQ,ES
Posts: 1,648 since Oct 2010
Thanks Given: 1,216
Thanks Received: 2,090


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  #53 (permalink)
 
redratsal's Avatar
 redratsal 
Milan (I)
 
Experience: Advanced
Platform: Ninjatrader
Broker: Kinetick
Trading: FDAX,6E,CL,YM,NQ,ES
Posts: 1,648 since Oct 2010
Thanks Given: 1,216
Thanks Received: 2,090


This is the Total of the day +1512 USD


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  #54 (permalink)
 
redegenerated's Avatar
 redegenerated 
España
 
Experience: None
Platform: NT
Trading: 6E
Posts: 131 since Jun 2010
Thanks Given: 301
Thanks Received: 81

good job!!! very good results...


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  #55 (permalink)
 
redratsal's Avatar
 redratsal 
Milan (I)
 
Experience: Advanced
Platform: Ninjatrader
Broker: Kinetick
Trading: FDAX,6E,CL,YM,NQ,ES
Posts: 1,648 since Oct 2010
Thanks Given: 1,216
Thanks Received: 2,090

Today was my 5th day of trading my cum profit is over 5000 USD which is also my money management stop. Assuming, the method keeps such performance, with the actual stats, it would take 5 days to recover my first management stop. This is of course a worse case scenario, the target is to cumulate more profit and build a confort zone.


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  #56 (permalink)
 
redratsal's Avatar
 redratsal 
Milan (I)
 
Experience: Advanced
Platform: Ninjatrader
Broker: Kinetick
Trading: FDAX,6E,CL,YM,NQ,ES
Posts: 1,648 since Oct 2010
Thanks Given: 1,216
Thanks Received: 2,090


redegenerated View Post
good job!!! very good results...

Grazie Mille


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  #57 (permalink)
 
redratsal's Avatar
 redratsal 
Milan (I)
 
Experience: Advanced
Platform: Ninjatrader
Broker: Kinetick
Trading: FDAX,6E,CL,YM,NQ,ES
Posts: 1,648 since Oct 2010
Thanks Given: 1,216
Thanks Received: 2,090

Today is rollover for the 6E, I will probably focus on CL and keep watching june vs sept volumes on 6E until the switch takes place.


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  #58 (permalink)
 
redratsal's Avatar
 redratsal 
Milan (I)
 
Experience: Advanced
Platform: Ninjatrader
Broker: Kinetick
Trading: FDAX,6E,CL,YM,NQ,ES
Posts: 1,648 since Oct 2010
Thanks Given: 1,216
Thanks Received: 2,090

Tip
NT offers several merging methods, all my instruments are MergeBackAdjusted, a wrong adjustement could distort some indicators' outputs. For a better and detailed understanding on the subject please refer to this thread post # 3


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  #59 (permalink)
 
redratsal's Avatar
 redratsal 
Milan (I)
 
Experience: Advanced
Platform: Ninjatrader
Broker: Kinetick
Trading: FDAX,6E,CL,YM,NQ,ES
Posts: 1,648 since Oct 2010
Thanks Given: 1,216
Thanks Received: 2,090

First trade of the day with CL +225 USD


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  #60 (permalink)
 
redratsal's Avatar
 redratsal 
Milan (I)
 
Experience: Advanced
Platform: Ninjatrader
Broker: Kinetick
Trading: FDAX,6E,CL,YM,NQ,ES
Posts: 1,648 since Oct 2010
Thanks Given: 1,216
Thanks Received: 2,090


Second trade on CL with 2 contracts +572 USD


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