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My 6E trading strategy

  #799 (permalink)

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.

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