My 6E trading strategy - Currency Futures | futures io social day trading
futures io futures trading


My 6E trading strategy
Updated: Views / Replies:261,297 / 1,177
Created: by cjbooth Attachments:356

Welcome to futures io.

(If you already have an account, login at the top of the page)

futures io is the largest futures trading community on the planet, with over 90,000 members. At futures io, our goal has always been and always will be to create a friendly, positive, forward-thinking community where members can openly share and discuss everything the world of trading has to offer. The community is one of the friendliest you will find on any subject, with members going out of their way to help others. Some of the primary differences between futures io and other trading sites revolve around the standards of our community. Those standards include a code of conduct for our members, as well as extremely high standards that govern which partners we do business with, and which products or services we recommend to our members.

At futures io, our focus is on quality education. No hype, gimmicks, or secret sauce. The truth is: trading is hard. To succeed, you need to surround yourself with the right support system, educational content, and trading mentors Ė all of which you can find on futures io, utilizing our social trading environment.

With futures io, you can find honest trading reviews on brokers, trading rooms, indicator packages, trading strategies, and much more. Our trading review process is highly moderated to ensure that only genuine users are allowed, so you donít need to worry about fake reviews.

We are fundamentally different than most other trading sites:
  • We are here to help. Just let us know what you need.
  • We work extremely hard to keep things positive in our community.
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts.
  • We firmly believe in and encourage sharing. The holy grail is within you, we can help you find it.
  • We expect our members to participate and become a part of the community. Help yourself by helping others.

You'll need to register in order to view the content of the threads and start contributing to our community.  It's free and simple.

-- Big Mike, Site Administrator

Closed Thread
 356  
 
Thread Tools Search this Thread
 

My 6E trading strategy

  #1151 (permalink)
Elite Member
Milan (I)
 
Futures Experience: Advanced
Platform: Ninjatrader
Broker/Data: Kinetick
Favorite Futures: FDAX,6E,CL,YM,NQ,ES
 
redratsal's Avatar
 
Posts: 1,653 since Oct 2010
Thanks: 1,217 given, 2,070 received


redratsal View Post
Hi,

Just wanted to attach a profit stop gauge that moves along the pointer. It helps visualize the two limits (21 ticks for profit in lime, and 12 ticks for stop in red). This tool might be helpful if used in combination with price action and the clouds as you can istantly focus your profit and stop targets. You can customize the targets and there is a green/red button on the top right display to activate/deactivate the function. You can displace the gauge lines on the parameters menu under barsback. I just adapted the indy to this thread, all credits go to @vvhg

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).


redratsal View Post
I realized the setup is ok only for long positions, for shorts you need to flip the profit with stop, I will be working on that with the chartbutton.



In this version the activate/deactivate button is used to set long(lime) or short(red) targets, when pushed they will flip accordingly.

Attached Files
Register to download File Type: zip CrossHairGauge2.zip (4.0 KB, 140 views)

Last edited by redratsal; September 12th, 2011 at 02:33 PM.
The following user says Thank You to redratsal for this post:
 
  #1152 (permalink)
Elite Member
Fort Lauderdale, Florida. USA
 
Futures Experience: Beginner
Platform: NT
Broker/Data: CQG
Favorite Futures: YM,CL
 
rainbowchaser's Avatar
 
Posts: 136 since Mar 2011
Thanks: 454 given, 60 received


cjbooth View Post
Great Question - here are 2 example of the hidden Divergence

1st the bear hidden divergence, indicator makes a HH but price makes a LH

Attachment 49037

2nd the bull hidden divergence indicator makes a LL but price makes a HL

Attachment 49038


Also I do not suggest personally trying to trade the Asian session volatility and volume is very low

Charles

Thanks very much Charles, appreciate your kindness and courtesy.
Happy trading.

 
  #1153 (permalink)
Elite Member
UK
 
Futures Experience: Intermediate
Platform: NT
Broker/Data: ib
Favorite Futures: Electric Guitar
 
Mindset's Avatar
 
Posts: 355 since Sep 2009
Thanks: 88 given, 285 received

CJ


CJ - Two things. One ever so slightly off topic but more a homage to a great thread.

1. I have scanned through this very long and wonderful thread but wonder if you could produce a template for your charts and then post the appropriate xml file. It helps when all the indicators, data series, etc are all as they should be. You well deserve your IPad by the way.

2. In England CJ has a deep cultural/clique significance for anyone who has watched Leonard Rossiter.... you can google it!

 
  #1154 (permalink)
Elite Member
Quebec
 
Futures Experience: Intermediate
Platform: NinjaTrader wt Rancho Dinero's profiling tools
Broker/Data: Stage 5 trading/AMP/CQG
Favorite Futures: ES, NQ, YM
 
trendisyourfriend's Avatar
 
Posts: 3,715 since Oct 2009
Thanks: 3,064 given, 4,539 received

Mindset, if you click this link you should be able to find all that you need:

Attachments - Big Mike's Trading Forum

P.S. Charles also uses other commercial tools which are not mentionned in this thread. If you'd like the whole enchilada you'll need to subscribe to these services. The question you'll need to answer for yourself is if this system is profitable in itself or if this is the synergy between everything that is used by the author that make a difference.

 
  #1155 (permalink)
Elite Member
UK
 
Futures Experience: Intermediate
Platform: NT
Broker/Data: ib
Favorite Futures: Electric Guitar
 
Mindset's Avatar
 
Posts: 355 since Sep 2009
Thanks: 88 given, 285 received

trendis yourfriend

thanks. It wasn't particularly the indicators I was interested in - just nice to follow it.
I am sure that somewhere I converted Ichi... to NT 7 and posted it at futures.io (formerly BMT) anyway. Might have to take a look at check that.
I have found when looking at something that posting an xml with all the available indicators and settings saves a pile of time.
If NT can't find the indicator it simply doesn't post it when the chart goes up.

 
  #1156 (permalink)
Elite Member
New York, NY
 
Futures Experience: Intermediate
Platform: NinjaTrader
Favorite Futures: TF
 
Posts: 28 since Oct 2009
Thanks: 96 given, 23 received


trendisyourfriend View Post
P.S. Charles also uses other commercial tools which are not mentionned in this thread. If you'd like the whole enchilada you'll need to subscribe to these services.

So what you are saying is that Charles' method as presented in this thread (and the PDFs and recordings) is incomplete and cannot be traded successfully without some secret additional tools? Charles, or anyone else using the system, is this correct?

 
  #1157 (permalink)
Market Wizard
virginia
 
Futures Experience: Intermediate
Platform: ninja
Favorite Futures: ES
 
cory's Avatar
 
Posts: 5,427 since Jun 2009
Thanks: 639 given, 6,690 received
Forum Reputation: Legendary


mgtrader View Post
So what you are saying is that Charles' method as presented in this thread (and the PDFs and recordings) is incomplete and cannot be traded successfully without some secret additional tools? Charles, or anyone else using the system, is this correct?

don't focus on 'secret sauce' there ain't any.

The following 3 users say Thank You to cory for this post:
 
  #1158 (permalink)
Elite Member
Naperville IL
 
Futures Experience: Intermediate
Platform: ninjatrader
Broker/Data: NT broker
Favorite Futures: NQ ES 6E GC CL
 
Posts: 955 since Feb 2010
Thanks: 1,189 given, 648 received


mgtrader View Post
So what you are saying is that Charles' method as presented in this thread (and the PDFs and recordings) is incomplete and cannot be traded successfully without some secret additional tools? Charles, or anyone else using the system, is this correct?


there is NO secret tools on trading. get your system, accept stop loss

The following user says Thank You to supermht for this post:
 
  #1159 (permalink)
Urban Samurai
Chicago IL
 
Futures Experience: Intermediate
Platform: Ninja, MT4,TOS, SC, Matlab
Broker/Data: CQG, AMP, MB, DTN
Favorite Futures: E/U, G/U
 
forrestang's Avatar
 
Posts: 1,039 since Jun 2010
Thanks: 226 given, 691 received


cory View Post
don't focus on 'secret sauce' there ain't any.

Truth!!

The following 2 users say Thank You to forrestang for this post:
 
  #1160 (permalink)
Elite Member
Quebec
 
Futures Experience: Intermediate
Platform: NinjaTrader wt Rancho Dinero's profiling tools
Broker/Data: Stage 5 trading/AMP/CQG
Favorite Futures: ES, NQ, YM
 
trendisyourfriend's Avatar
 
Posts: 3,715 since Oct 2009
Thanks: 3,064 given, 4,539 received



cory View Post
don't focus on 'secret sauce' there ain't any.

I think we might say Charles has evolved since he started this thread. My feeling and understanding is that the original method as shown in the PDF (the original) is very conservative. This means lots of watching and waiting to take advantage of the few real nice trending phases the 6E offers. A method is not static, it has to evolve just as the trader evolves. The use of JSServices's high value pivots is certainly a positive addition as it may reveal some new opportunites not possible with the original method. I have some reservation regarding kwik pop as i don't see clearly what more it provides. And how would you really quantify it unless you subscribe. All in all, the method works without the use of Jsservices or Kwikpop although if you decide to 'buy' them you might find the secret sauce a bit salted

The following 3 users say Thank You to trendisyourfriend for this post:

Closed Thread



futures io > > > > My 6E trading strategy

Thread Tools Search this Thread
Search this Thread:

Advanced Search



Upcoming Webinars and Events (4:30PM ET unless noted)
 

Wyckoff Hunting for Great Risk/Reward Ratio w/Gary Fullett

Elite only
 

Digging into the Details of iSystems w/Stage 5 & iSystems

Jun 5
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
Best Strategy 6E - Net 10p per day traderjcf Currency Futures 15 December 3rd, 2015 01:19 PM
6E (EURUSD) trading alex123 Elite Trading Journals 35 September 17th, 2011 08:15 PM
Timeframes for Trading 6E traderjcf The Elite Circle 8 June 30th, 2011 12:22 AM
Trading the 6E camsolution Currency Futures 12 May 17th, 2011 08:00 PM
Trading 6E and DX tellytub The Elite Circle 7 August 4th, 2010 06:33 PM


All times are GMT -4. The time now is 03:00 PM.

Copyright © 2018 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432, info@futures.io
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.
no new posts
Page generated 2018-05-25 in 0.13 seconds with 20 queries on phoenix via your IP 23.20.7.34