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Missed this nice long trade. Stepped out for a few and came back too late. Not brave enough to chase it. Got back after it already started making new highs. No real safe shot at joining the trend.
Really good day overall. Getting better at picking entries and letting things play out. +244 ticks and no losers today. Very happy with results.
Thinking of getting the new NT8 version of Bloodhound from sharkindicators when it is released. Webinar this afternoon that is supposed to have a really good discount. I tested it a long time ago on NT7 and really liked it for the speed of testing a strategy just didn't have the funds to buy it. I will post an evaluation once I test it out.
Amazing results to day. Would you mind posting a chart of your entries for today. You've been killing it since starting your journal. I hope some day I can be so consistent!
Traded on the 89 tick chart today. Markets started out so slow I thought I was going to have to just scalp for some ticks. It was nice to see it break into a good trend. Missed several trades early on. Here are two of the trades. Several others that were just minor quick trades.
So, I jumped in and bought BloodHound. I have to say, it is as impressive as I remember from a few years ago. In my opinion, the biggest benefit so far is the ability to very quickly evaluate trading ideas with no coding required. It really helps you to see what "valid" entries your idea actually has and how much of your trading is actually discretionary in nature. Discretionary in that somehow you are filtering out some trades but you may or may not realize that you are doing it. It will help you discover that and possibly filter those trades out via bloodhound as well.
Here is an example of what I am working on now:
The red vertical lines show where your system would have generated a sell signal. Green is for buys.
Still learning but I like the speed with which you can prototype a new system.
Awesome! couldnt have asked for a better down move it seems. Can I ask what your entry criteria are? I've been using a similar looking chart for longer term equities as I work 8 to 5 now. Use a 10, 200 and 800 ema that I picked up from a forex forum along with the TDI inidicator. Is it safe to say you look for a strong candle or two continuation move out of the 21/60 ema with the 21/60/200/800 lined up properly? It seems so effortless for you!
