NexusFi: Find Your Edge


Home Menu

 





Introduce yourself here!


Discussion in Traders Hideout

Updated
      Top Posters
    1. looks_one Big Mike with 147 posts (3,964 thanks)
    2. looks_two nakachalet with 57 posts (17 thanks)
    3. looks_3 xplorer with 45 posts (51 thanks)
    4. looks_4 mfbreakout with 35 posts (24 thanks)
      Best Posters
    1. looks_one roonius with 80 thanks per post
    2. looks_two wh with 56 thanks per post
    3. looks_3 George with 46.5 thanks per post
    4. looks_4 Big Mike with 27 thanks per post
    1. trending_up 14,208,177 views
    2. thumb_up 11,974 thanks given
    3. group 6,309 followers
    1. forum 10,635 posts
    2. attach_file 94 attachments




 
Search this Thread

Introduce yourself here!

  #1311 (permalink)
ltcolkunaidu
solapur,maharashtra,india
 
Posts: 2 since Dec 2010
Thanks Given: 4
Thanks Received: 4

I have started as a day trader about a month ago. Started with a mini acct and blew it up. Then did some reading- am still at it. Presently trading on a demo acct. Using the following system:
Trade only if,
1 EMA 5 crosses EMA 13
2. EMA 88 (High & Low) crosses over EMA 149 (High & Low)
3. RSI above/below 50
4. Slow stochastic rising above 20 or dropping below 80.

Problem is am lacking in patience and time to wait for all of the above to occur.

Hoping to get some good ideas here.



Naidu

Reply With Quote
Thanked by:

Can you help answer these questions
from other members on NexusFi?
Deepmoney LLM
Elite Quantitative GenAI/LLM
My NT8 Volume Profile Split by Asian/Euro/Open
NinjaTrader
NexusFi Journal Challenge - April 2024
Feedback and Announcements
NT7 Indicator Script Troubleshooting - Camarilla Pivots
NinjaTrader
The space time continuum and the dynamics of a financial …
Emini and Emicro Index
 
  #1312 (permalink)
ESFXtrader
West Coast of Florida
 
Posts: 505 since Jul 2010
Thanks Given: 56
Thanks Received: 2,284

I recently posted this. I trade futures, FX, and options. My first involvement with the markets was going to Optionetics and learning to trade options. Most of my option trades are diagonal trades, where I buy ITM options at least a month out and sell current month OTM or ATM options to cover much of or most of my cost. I enjoy trading ES and FX as well using an approach different than most. It involves double BB at 20, 2 and 2.5; 20, 31, & 62 EMAs; Stochastics Slow of 6,5,3 and 8,3,3 on same plane as price; and most important, is the CCI (Commodity Channel Index) at 14, -45, 45 on a histogram display. I go long (Buy)or buy calls on the first CCI bar that closes over 45 or Short (Sell) or buy puts on the first CCI bar below -45(or -45 to -200) Check it out. If you study this, you can use it to trade everything on any time frame. Once you have looked at enough charts on this setup, you will see just how accurate it is. Trading just the TF on 12-20-10, there were 8 winning trades and no loses for a total of 155 ticks. There is one other aspect of my CCI trading I have not yet disclosed and you can pick it up after looking at the level of the CCI bars and there relationship to one another at reversals. See for youself and good trading. I promise you, this is a winning system. I should add that this works on continuation trades and reversals. Trade with the trend on continuation trades and against the trend on reversals. On the reversal trades, move the stop to protect gains, as the market can always continue in its original direction, but most often it does not. I use the 20SMA, 20EMA, 34EMA to show the trends. The 20SMA is found in the BBs. My first trade shown above was a short of TF at 9:56 @ 780.4 which was closed @ 777.30 @ 10:15AM. Hope that helps, as that is a big clue. Let me know what you think. WK

Reply With Quote
  #1313 (permalink)
Stockjoker
Alkmaar Netherlands
 
Posts: 1 since Dec 2010
Thanks Given: 0
Thanks Received: 1


Hi there,

I trade the FDAX and 6E for approx 2 years now daily. (with Ups and Downs)

I hope to find more people here who do the same thing and exchange ideas about the FDAX and 6E trading. I work with Ninja 7 and added Market profile, which is a great help. Woodie CCI is a good help too. Still study this thing.

Thanks and succes everyone.

Rudy

Reply With Quote
Thanked by:
  #1314 (permalink)
EddyEd
Heidelberg, Germany
 
Posts: 5 since Sep 2010
Thanks Given: 2
Thanks Received: 5

Hi to all,
Many years ago I traded Positions in Stocks chaoticly . At first I had success (luck), but at least I lost more than I won before. Now I decided to make it better and started with daytrading. At first I like to trade stocks at the Northamerican market. I'm well along in years and so I have made a lot of expieriences in life and in profession (analyst, programmer and consultant in mid and large sized companys) and hope to use this to my advantage in trading.

Eddy

Reply With Quote
Thanked by:
  #1315 (permalink)
ltcolkunaidu
solapur,maharashtra,india
 
Posts: 2 since Dec 2010
Thanks Given: 4
Thanks Received: 4

Am not clear on ESFXtrader's strategy. How are the other tools used- ie BBs, EMAs etc ?

Anyone clarify please.

Anyway- HAPPY NEW YEAR to all of youll.

Reply With Quote
Thanked by:
  #1316 (permalink)
amychan26
atlanta
 
Posts: 1 since Dec 2010
Thanks Given: 0
Thanks Received: 1

hello. new member here. nice to meet you all

Reply With Quote
Thanked by:
  #1317 (permalink)
arfatrak
Italy
 
Posts: 1 since Dec 2010
Thanks Given: 0
Thanks Received: 0

Hi Mike, Hi Traders.
I am very glad I joined this forum. I hope I can contribute to improve our knowledge. See you soon. Arfatrak

Reply With Quote
  #1318 (permalink)
ArielEM
Jerusalem, Israel
 
Posts: 2 since Dec 2010
Thanks Given: 0
Thanks Received: 2

Hi Mike and all,

Glad to join this forum, i've been trading for some time and still trying to figure out if I can make a living from trading options.

GL!

Reply With Quote
Thanked by:
  #1319 (permalink)
motiv8d
Bunbury Australia
 
Posts: 1 since Dec 2010
Thanks Given: 0
Thanks Received: 1

Hi everyone, and thanks to mike for making the forum available.
I have been up and down trying day trading in very limited windows of time for a few years and am now in a position to finally dedicate a decent portion of time to it. Unfortunately the last couple of weeks I have been far too impatient and suffered some losses. So it's time to re-evaluate. I am also looking to change from MT4 to Multicharts and notice that it is used by Mike so it will be great to start using these forums to give some accountability to my trades and also communicate with others on the forums with regard to trading ideas and MC programming.

May the (market) force be with you

Motiv8d

Reply With Quote
Thanked by:
  #1320 (permalink)
ejkatel2
toronto
 
Posts: 1 since Jul 2010
Thanks Given: 0
Thanks Received: 1


hi everyone, im new to the website and would like to say hello, i have been a trader for almost a year and a half and as many of you, i cant say it been great yet. but i have learned many things and have tried many many many indicators, I now realize that the only way to play the game is to learn price action and market movement with out the use of indicators. Please let me kno what your thoughs are about this, as well as any help on the subject would be greatly appreciated

EJ

Reply With Quote
Thanked by:




Last Updated on March 17, 2024


© 2024 NexusFi™, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
All information is for educational use only and is not investment advice. There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Privacy Policy - Downloads - Top
no new posts