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Updated May 21, 2011
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August 14th, 2010, 03:35 PM
Cambridge, Ontario
Experience: Intermediate
Platform: NinjaTrader
Broker: Zen-Fire
Trading: 6E
Posts: 1,778 since Dec 2009
Thanks Given: 1,258
Thanks Received: 1,203
Just finished polishing the earlier strategy (still BETA ) in case you maybe interested in having a glimpse:
[COLOR=#800080]https://nexusfi.com/journals-daily-charts-chart-reading/3514-perrys-trading-platform-43.html#post56392[/COLOR]
Continue enjoying your weekend. Ditto here .. smile ..
Beth
Good Trading is about Trading Right!
Want What the Market Wants!
Trade With the Trend!
Can you help answer these questions from other members on NexusFi?
Best Threads (Most Thanked) in the last 7 days on NexusFi
August 15th, 2010, 03:39 PM
Cambridge, Ontario
Experience: Intermediate
Platform: NinjaTrader
Broker: Zen-Fire
Trading: 6E
Posts: 1,778 since Dec 2009
Thanks Given: 1,258
Thanks Received: 1,203
1. Set Up/Indicators/Charts
i. ES
- 4-Range as-is
- 30-minute MP to be removed starting Monday
ii. TF
- 4-Range as-is
- 30-minute MP (replacing ES)
- 5-minute with PASwing and MACDBB to detect early exit warnings (it's the set up I'd been using to sim-trade my strategies since May)
Note: Not using new set ups and prefer staying with the ones I'm familiar with.
2. Trade/Money Management
i. Mostly 1-contract trades PT/SL @4/6 (adjust SL to -3 after a 3-tick move)
ii. Maximum number of trade(s): 1 to 3/day
3. Trading Instrument - TF only
4. Performance Review on Trader
i. Overall Grade: B
ii. Emotion Control: B+
iii. SOH : A- (Know when NOT to trade most of the time)
What's Next?
I've decided to stay with TF for the next two weeks. Then another bi-weekly performance review to assess everything again.
Beth
Good Trading is about Trading Right!
Want What the Market Wants!
Trade With the Trend!
August 15th, 2010, 03:53 PM
Cambridge, Ontario
Experience: Intermediate
Platform: NinjaTrader
Broker: Zen-Fire
Trading: 6E
Posts: 1,778 since Dec 2009
Thanks Given: 1,258
Thanks Received: 1,203
1. TF
Only had 3.5 weeks historical data to locate the Virgin POCs (per enclosed). Have included the weekly ones as well.
2. ES
Last one ...
Beth
Good Trading is about Trading Right!
Want What the Market Wants!
Trade With the Trend!
August 16th, 2010, 10:37 AM
Cambridge, Ontario
Experience: Intermediate
Platform: NinjaTrader
Broker: Zen-Fire
Trading: 6E
Posts: 1,778 since Dec 2009
Thanks Given: 1,258
Thanks Received: 1,203
Initial Balance : 614.00 - 602.40 (11.60 points )
Value Area as at 10:35 am: 610.60 - 608.20 - 602.80 (7.80 points)
Price opened @604.90
Today's High and Low as at 10:35 am: 614.70 and 602.40
VPOCs: Top 618.00 (611.80 was touched) and Bottom ?? (I'd suggest using today and overnight 's Low for reference)
Overnight High and Low: 612.70 and 603.30
Well, it has regained the lost ground and continues rotating up!
Note: Have ZenFire connection issues this morning. Just signed back in minutes ago.
Beth
Good Trading is about Trading Right!
Want What the Market Wants!
Trade With the Trend!
August 16th, 2010, 10:41 AM
Manta, Ecuador
Site Administrator Developer Swing Trader
Experience: Advanced
Platform: Custom solution
Broker: IBKR
Trading: Stocks & Futures
Frequency: Every few days
Duration: Weeks
Posts: 50,607 since Jun 2009
Thanks Given: 33,345
Thanks Received: 101,971
I like the new profile pic
Mike
August 16th, 2010, 10:45 AM
Cambridge, Ontario
Experience: Intermediate
Platform: NinjaTrader
Broker: Zen-Fire
Trading: 6E
Posts: 1,778 since Dec 2009
Thanks Given: 1,258
Thanks Received: 1,203
Big Mike
I like the new profile pic
Mike
Thanks Mike! You're always the "first" one to notice if we create an album or make changes to the avatar LOL!
We did take a few photos after our tandem workout last night. Here it comes the album link if others want a glimpse:
[COLOR=#800080]https://nexusfi.com/members/2263-albums49.html[/COLOR]
Succeeded in changing one to a caricature one. Quite colorful .. haha ..
Beth
Good Trading is about Trading Right!
Want What the Market Wants!
Trade With the Trend!
August 16th, 2010, 11:13 AM
Cambridge, Ontario
Experience: Intermediate
Platform: NinjaTrader
Broker: Zen-Fire
Trading: 6E
Posts: 1,778 since Dec 2009
Thanks Given: 1,258
Thanks Received: 1,203
No of Trades: 2 (1-contract trades and both winners)
No of Ticks: 7 before commission
Note for the Second Trade: Adjusted PT 4 to 3 when Trade changed to Chop .
What I noticed (as mentioned in my earlier posts):
1. The first trade aligned with the trend stood a higher chance of success, ie at least 4 ticks.
2. Else most got 3 ticks and ended up losing.
How to tackle this?
1. Maybe adjust the first PT to 3 (from 4) though risk/reward 2:1 does not look good.
2. Only take the higher probability trades.
3. Adjust the timeframe.
I will monitor more before the next move.
Have a Successful day.
Beth
Good Trading is about Trading Right!
Want What the Market Wants!
Trade With the Trend!
August 16th, 2010, 10:27 PM
OC, California, USA
Quantoholic
Experience: Advanced
Platform: IB/TWS, NinjaTrader, ToS
Broker: IB, ToS, Kinetick
Trading: stocks, options, futures, VIX
Posts: 1,976 since Jun 2009
Thanks Given: 533
Thanks Received: 3,710
wgreenie
Note: Have ZenFire connection issues this morning. Just signed back in minutes ago.
I think everybody did... ZenFire issues this morning
August 16th, 2010, 10:54 PM
San Jose, Ca
Legendary Market Wizard
Experience: Beginner
Platform: Ninja
Broker: AMP/CQG
Trading: Something moving
Posts: 1,582 since Nov 2009
Thanks Given: 2,335
Thanks Received: 2,527
wgreenie
Thanks Mike! You're always the "first" one to notice if we create an album or make changes to the avatar LOL!
We did take a few photos after our tandem workout last night. Here it comes the album link if others want a glimpse:
[COLOR=#800080]https://nexusfi.com/members/2263-albums49.html[/COLOR]
Succeeded in changing one to a caricature one. Quite colorful .. haha ..
Beth
One caricature of a couple of characters.
August 17th, 2010, 09:20 AM
Cambridge, Ontario
Experience: Intermediate
Platform: NinjaTrader
Broker: Zen-Fire
Trading: 6E
Posts: 1,778 since Dec 2009
Thanks Given: 1,258
Thanks Received: 1,203
Price currently trades at 621.50 (almost 7 points above yesterday's Close @614.60).
Overnight High and Low as at 9:15 am are 621.90 and 612.90 respectively.
Top VPOC 622.30
Bottom VPOC 612.80
Have a Successful day.
Beth
Good Trading is about Trading Right!
Want What the Market Wants!
Trade With the Trend!
Last Updated on May 21, 2011