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Ya, no net was like 1150 or so for that period. That was over the 4 days. Some of the colors may be off, weird formating exporting into excel. But if a number is negative, it has a minus sign.
Also, for some reason ninja can't count the number of trades properly, so divide by 2.
Rememberring a much earlier post when I talked about knowing when not to trade. Today is one of those days and tomorrow might not be much better.
Today the 6E is extremely choppy as no institutional traders are participating as they wait for this vote in Greece
Tomorrow we have the Fed FOMC announcement at 11:30 cst and press conference later.
These events are causing very dangerous trading conditions, so be very careful trading and stay out of this chop
there will be better days and as you can see by this chart today is not one of them
that is not what you want to see - every attempt up is being knocked down at the highs which in turn creates another point of support below that is stopping any attempt down - just chop city
Charles, just wanted to let you know on the ES today your system did very well. I changed the span settings on the 1508 for 2 instead of 1. I try to capture 2 points as target and the stop is about 1.25 just below the 55 EMA or cloud on the 377 ticks chart.
Yeah, it was a perfect trend day in the indexes today. Did you trade straight from the 1508 chart? (If that's the case, uhh...you did not really trade this system)
After a good move back into a previous range, I would expect at least an ABCD pattern, if not more consolidation, before any continuation - unless pace is much higher than it was here.
I don't know if such considerations are part of this method, though.
the setup was valid, you want to be carefule as the market usually consolidates after a vertical move. i generally wont trade the 1st pullback after a vertical move.
Also your trigger lines were too wide at the trigger point
