MWinfrey 

I have one target and use all in all out, no runners.

Is it a scalp or a little way out?

sorge2000 

Is it a scalp or a little way out?

target is 19 ticks on CL with a stop of 21.

MWinfrey 

target is 19 ticks on CL with a stop of 21.

You hit 19 ticks often I assume?
How long does that usually take?

sorge2000 

You hit 19 ticks often I assume? How long does that usually take?

it's certainly been profitable since i started doing that. I can't say how long...sometimes it's seconds and other times it's 15 minutes.

MWinfrey 

it's certainly been profitable since i started doing that. I can't say how long...sometimes it's seconds and other times it's 15 minutes.

what entry signals do you use?

sorge2000 

what entry signals do you use?

look at the quick summary of

MWinfrey's 5 Minute Odyssey This is a takeoff on what AR01 and TMFT were talking about in FatTails thread All those smart guys inspired me to do something a bit simpler than what I'm currently doing with the LLMA. I'm not giving up the LLMA by any means but exploring another …

MWinfrey 

look at the quick summary of MWinfrey's 5 Minute Odyssey This is a takeoff on what AR01 and TMFT were talking about in FatTails thread All those smart guys inspired me to do something a bit simpler than what I'm currently doing with the LLMA. I'm not giving up the LLMA by any means but exploring another …

OK, I looked at it. Very simple, simple is always very good!

You might take a look at AR01's thread as well.

AR01 Our Journey Hello all, I have not been posting for various reasons lately (massive go-live for my project). I have been reading and appreciate everyone's generosity. Background: My full time job keeps me from day trading as much as I would like. I'm learning …

MWinfrey 

You might take a look at AR01's thread as well. AR01 Our Journey Hello all, I have not been posting for various reasons lately (massive go-live for my project). I have been reading and appreciate everyone's generosity. Background: My full time job keeps me from day trading as much as I would like. I'm learning …

I took a quick look at it and will look a little deeper later.

Got up late after a long night at the Hospital.

Entered a short according to my rules, took a quick +3 pips, moved the stop and was stopped out for another +.4 pips.

Total: +3.4 pips

This stop move deal is part of my trading plan and it worked beautifully for me this time as price went up a little then sideways (at least until 12:30 when my NinjaTrader took the rest of the day off).

It doesn't matter though, because at that time, the boss called.

It appears he needs my special talents earlier today.

I was reconsidering my plan when this happened and it appears I should stick with what works.

Here's the chart. It was a very quick trade so It's kind of hard to see. In and out in less than 3 minutes.