My 6E trading strategy | Currency Futures


futures.io - futures trading strategies, market news, trading charts and platforms


Currency Futures


This subforum allows you to find traders that trade Currency Futures. You may post about anything to do with trading currency futures in this section




 

My 6E trading strategy

  #799 (permalink)

Quebec
 
Trading Experience: Intermediate
Platform: NinjaTrader wt Rancho Dinero's profiling tools
Broker/Data: AMP/CQG
Favorite Futures: ES, NQ, YM
 
trendisyourfriend's Avatar
 
Posts: 3,853 since Oct 2009
Thanks: 3,428 given, 4,872 received


masood chughtai View Post
I traded this set up for 21 ticks but I am not happy about the entry. On 1508 chart entry was trapped between 55 ema and top of the cloud. I entered realizing that which is not a good descipline for me using THIS METHOD.

That's normal, you can't assimilate or internalize all of the rules and exceptions in one read. It's a long process. And you were right about the 55 EMA although you were above it, i did not even think about it. Anyway, you can still consider such a trade but you need to stay on the tip of your toes and close the trade at the first sign of danger until you can protect your trade.

The following 2 users say Thank You to trendisyourfriend for this post: