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My 6E trading strategy
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My 6E trading strategy

  #231 (permalink)
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any help would be appreciated.

 
  #232 (permalink)
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PowerM's Avatar
 
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Good morning

About your last bars request: I think this is how Ninja works, I see the same. Propably Charles does not show the very last bar, as he mostly shows setups that came up in the past. So, my chart looks like yours in face of the last bar


kalalex View Post
Charles,

First I think "Thank you" is in order for sharing.

If you have a chance please look at my chart and see everything's ok.

One thing I couldn't figure out is that on my chart the last bar is always outside of indicators unlike your charts.

Just want to make sure all the parameters set right for the indicators because I think it's critical to be accurate on

377 chart.

Another question is about other instruments with this system such as the popular mini SP....


 
  #233 (permalink)
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PowerM's Avatar
 
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Hi,

Do you see the indicator in your indicator list? I suppose you do. I also suppose that its color isn`t set on "transparent". I am running NT7.1000.6 and it works


mills View Post
First I want to thank you for sharing you method with us. I know that it is appreciated by all of us here.
I am having an issue with the zig zag indicator. It wont plot on my charts for some reason


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  #234 (permalink)
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mills View Post
First I want to thank you for sharing you method with us. I know that it is appreciated by all of us here.
I am having an issue with the zig zag indicator. It wont plot on my charts for some reason

There maybe different versions of the zigzag indicator out there. I had the same issue where the version on my machine was plotting dots, but was not plotting lines. I downloaded the version in post #29 in this thread and it worked fine

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  #235 (permalink)
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Good morning Charles
Would you be so kind to have a look at my charts and see if this was a valid trade (right chart is 377), entry would be at the 2 green up arrows.
For me the setup looks good, only 2 things seem not to be ok. Would you have taken the trade?

My idea is to enter the trade long on 377 when the candle triggers the MA (thick white dot line). Both, 377 and 1508 showed HH/HL earlier.
1st problem is that the HL on 377 is far below the cloud on 1508 which violates rule 1 (inside red cloud or above blue cloud).
2nd, the initial SL may be more than 12 ticks (to earlier HL) (rule 8), so one may think about placing the SL discretionary 1 tick below the low of the entry candle.
Trade time is about 3 am Eastern today.

Do you consider this as a valid setup?

Thank you

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My 6E trading strategy-44.jpg  
 
  #236 (permalink)
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kalalex View Post
Charles,

First I think "Thank you" is in order for sharing.

If you have a chance please look at my chart and see everything's ok.

One thing I couldn't figure out is that on my chart the last bar is always outside of indicators unlike your charts.

Just want to make sure all the parameters set right for the indicators because I think it's critical to be accurate on

377 chart.

Another question is about other instruments with this system such as the popular mini SP....

Set all indicators "calculate on bar close" to "false"

Charles

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  #237 (permalink)
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aurora,il
 
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kalalex View Post
Charles,

First I think "Thank you" is in order for sharing.

If you have a chance please look at my chart and see everything's ok.

One thing I couldn't figure out is that on my chart the last bar is always outside of indicators unlike your charts.

Just want to make sure all the parameters set right for the indicators because I think it's critical to be accurate on

377 chart.

Another question is about other instruments with this system such as the popular mini SP....


PowerM View Post
Good morning Charles
Would you be so kind to have a look at my charts and see if this was a valid trade (right chart is 377), entry would be at the 2 green up arrows.
For me the setup looks good, only 2 things seem not to be ok. Would you have taken the trade?

My idea is to enter the trade long on 377 when the candle triggers the MA (thick white dot line). Both, 377 and 1508 showed HH/HL earlier.
1st problem is that the HL on 377 is far below the cloud on 1508 which violates rule 1 (inside red cloud or above blue cloud).
2nd, the initial SL may be more than 12 ticks (to earlier HL) (rule 8), so one may think about placing the SL discretionary 1 tick below the low of the entry candle.
Trade time is about 3 am Eastern today.

Do you consider this as a valid setup?

Thank you

The entry on the 377 is right, though on my chart the 1508 is/has not made a HH in front of the 377 entry.

I did not get up early today so our charts may not be looking the same right now - Remember the 1508 must have shown a HH 1st

charles

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  #238 (permalink)
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6/08 trade

GM Traders,

this is a short i just got out of

See the 1508 chart - perfect setup for a short

see 377 notations - The market came within 1 tick of my target and showed a series of spinning tops followed by a hammer reversal bar, take profit here this is a strong reversal signal given the market is approaching a WHOLE #, do not give your profits up - the market rarely reverses in a "V" shape formation but being this close to a whole # you never know so book your profits

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Any questions regarding this setup please post

Be cautious of any pending setup for another short with the 1.4600 level looming


Charles

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  #239 (permalink)
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Rule 6--377 cannot make higher high before trade

C-
Did not rule 6 negate the trade. 377 made a higher high. Perhaps this is discretionary as everything else was golden. TKS.

 
  #240 (permalink)
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wireford View Post
C-
Did not rule 6 negate the trade. 377 made a higher high. Perhaps this is discretionary as everything else was golden. TKS.



To continue your question


..... or a double top/Stchastic divergence occurs - see this chart of the trade.

It is important to watch these inner swings inside a swing for this setup

Remember on the 1st entry point a divergence on %D is more important as it is slower to react

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Good question - I did not include this information when I 1st posted the trade, I was kinda testing to evaluate everyone's learning curve


Charles

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