NexusFi: Find Your Edge


Home Menu

 





My 6E trading strategy


Discussion in Currencies

Updated
      Top Posters
    1. looks_one cjbooth with 316 posts (1,353 thanks)
    2. looks_two trendisyourfriend with 146 posts (168 thanks)
    3. looks_3 forrestang with 89 posts (117 thanks)
    4. looks_4 supermht with 71 posts (31 thanks)
      Best Posters
    1. looks_one cjbooth with 4.3 thanks per post
    2. looks_two Big Mike with 2.9 thanks per post
    3. looks_3 forrestang with 1.3 thanks per post
    4. looks_4 trendisyourfriend with 1.2 thanks per post
    1. trending_up 440,307 views
    2. thumb_up 2,161 thanks given
    3. group 195 followers
    1. forum 1,177 posts
    2. attach_file 352 attachments




Closed Thread
 
Search this Thread

My 6E trading strategy

  #691 (permalink)
 SeeTrader 
Missouri
 
Experience: Intermediate
Platform: NinjaTrader
Broker: AMP
Trading: ES
Posts: 77 since Apr 2010
Thanks Given: 169
Thanks Received: 34


cjbooth View Post
Traders,

here is a video like yesterday where I discuss the day's price action and trading oppurtunities

click on this link to watch

[COLOR=#0066cc]http://www.anymeeting.com/tradingmymethod/E157DD8580[/COLOR]


Again, if the video & audio are not in sync you need to close other applications running on your computer to free up your video cards memory


I would appreciate your feedback on the video posting as to if it is helping you better understand the way i trade, if it does I will most certainly continue to do this

I hope everyone has a good weekend and a happy and safe 4th of July


Charles


Another great video! These are helping me a lot. I missed the trade this morning at 9:34 because my charts aren't even close to yours even though I also use Zenfire (I think that's what you use). The bar you entered on wasn't even touching the trigger lines on my chart and then the next bar was and extended range bar that closed too far up into the move to enter.

I do however wonder about the trades you mentioned at the end. Some of the trades you mentioned were between midnight and 2am. What time(s) do you trade?

Thanked by:

Can you help answer these questions
from other members on NexusFi?
Ninja Mobile Trader VPS (ninjamobiletrader.com)
Trading Reviews and Vendors
Are there any eval firms that allow you to sink to your …
Traders Hideout
My NT8 Volume Profile Split by Asian/Euro/Open
NinjaTrader
The space time continuum and the dynamics of a financial …
Emini and Emicro Index
NexusFi Journal Challenge - April 2024
Feedback and Announcements
 
Best Threads (Most Thanked)
in the last 7 days on NexusFi
Get funded firms 2023/2024 - Any recommendations or word …
59 thanks
Funded Trader platforms
37 thanks
NexusFi site changelog and issues/problem reporting
24 thanks
GFIs1 1 DAX trade per day journal
22 thanks
The Program
19 thanks
  #692 (permalink)
cjbooth
aurora,il
 
Posts: 319 since Aug 2009
Thanks Given: 134
Thanks Received: 1,405


SeeTrader View Post
Another great video! These are helping me a lot. I missed the trade this morning at 9:34 because my charts aren't even close to yours even though I also use Zenfire (I think that's what you use). The bar you entered on wasn't even touching the trigger lines on my chart and then the next bar was and extended range bar that closed too far up into the move to enter.

I do however wonder about the trades you mentioned at the end. Some of the trades you mentioned were between midnight and 2am. What time(s) do you trade?


I although not everyday will begin trading at the opening of the European session, that day i did get up early expecting good movement due to the vote in Greece

It just depends on whats going on and do I get in bed early enough to get up

Charles

  #693 (permalink)
 mizzoutrader 
Kansas City, MO
 
Experience: Beginner
Platform: NinjaTrader
Trading: Futures
Posts: 36 since Jul 2010
Thanks Given: 494
Thanks Received: 10


Hi Charles. Thanks for the videos, they are helping alot. One suggestion I might make is to not use the global cross hairs on your chart, just use the regular cross hairs instead. Sometimes it is hard for me to follow which chart you are on when you are making a point, because the cross hairs are on both charts at the same time.

I have a question - your first 2 trades today were both fairly close to the cash opening this morning. I thought you had mentioned awhile back that you do not trade 15 minutes either side of the opening or major news announcements. I think your second trade this morning was around 8:31 cst. Thanks for all of your help.

  #694 (permalink)
 
forrestang's Avatar
 forrestang 
Chicago IL
 
Experience: None
Platform: Ninja, MT4, Matlab
Broker: CQG, AMP, MB, DTN
Trading: E/U, G/U
Posts: 1,329 since Jun 2010
Thanks Given: 354
Thanks Received: 1,047


mizzoutrader View Post
One suggestion I might make is to not use the global cross hairs on your chart, just use the regular cross hairs instead. Sometimes it is hard for me to follow which chart you are on when you are making a point, because the cross hairs are on both charts at the same time.
.

I agree sometimes it's a bit tough to tell unless I hear you say right before which chart you are on.

Also, right before you create the video, could you grab the bottom of the 1508 chart and drag it down a little bit so the 1508 chart is taller an the bars are easier to see?

Thanked by:
  #695 (permalink)
 Simple 
NJ
 
Experience: Intermediate
Platform: NT
Trading: CL, TF
Posts: 4 since Jan 2011
Thanks Given: 1
Thanks Received: 1


cjbooth View Post
Traders,

here is a video like yesterday where I discuss the day's price action and trading oppurtunities

click on this link to watch

[COLOR=#0066cc]http://www.anymeeting.com/tradingmymethod/E157DD8580[/COLOR]


Again, if the video & audio are not in sync you need to close other applications running on your computer to free up your video cards memory


I would appreciate your feedback on the video posting as to if it is helping you better understand the way i trade, if it does I will most certainly continue to do this

I hope everyone has a good weekend and a happy and safe 4th of July


Charles


Hi Charles-

Personally I find the videos very helpful as it goes deeper into some of your thought processes candle by candle and bring a lot of clarity to some of the nuances of your system and how you look at the market.

Thanks for taking to time to put these together!

Enjoy-

jj

Thanked by:
  #696 (permalink)
 
futurestrader1's Avatar
 futurestrader1 
New York City, USA
 
Experience: Advanced
Platform: NinjaTrader
Trading: ES, CL, 6E
Posts: 149 since Jun 2010
Thanks Given: 81
Thanks Received: 42


cjbooth View Post
After overwhelming request for my trading methodology I decided to go ahead and post the PDf manual here and also the indicator zip files that you need other than the ones that are basic in the Ninja platform. These indicators are for Ninja trader 7

Hello and thanks...great thread...and congrats on your victory......can you please add your trading template for each chart you use please on this post #29 of this thread?

  #697 (permalink)
 
forrestang's Avatar
 forrestang 
Chicago IL
 
Experience: None
Platform: Ninja, MT4, Matlab
Broker: CQG, AMP, MB, DTN
Trading: E/U, G/U
Posts: 1,329 since Jun 2010
Thanks Given: 354
Thanks Received: 1,047


futurestrader1 View Post
Hello and thanks...great thread...and congrats on your victory......can you please add your trading template for each chart you use please on this post #29 of this thread?


I don't recall many templates posted in this thread. I think I may have posted mine @ some point.

But the location to most of the pertinent info from this thread is in this document.

Attached Files
Elite Membership required to download: CJBooth Links V1.2.docx
Elite Membership required to download: CJBooth Links V1.2.doc
  #698 (permalink)
cjbooth
aurora,il
 
Posts: 319 since Aug 2009
Thanks Given: 134
Thanks Received: 1,405

GM Traders,

I hope everyone had a nice weekend, now its time to get back to work

but... not so fast, price action this morning is very slow as it is generally taking 4-5 minutes to print a 377 tick bar. This is rather typical of the 1st day after a long holiday.

Be patient and wait for the market to show its hand first and not get over anxious to enter a trade

We have been in a roughly 40 tick range since midnight - this is not a good chart to trade presently. Hopefully when everyone gets to work in the U S and finishes telling everyone what they did over the weekend we will get some movement


Be Patient


Charles

  #699 (permalink)
 wireford 
Chicago, Illinois
 
Experience: Intermediate
Platform: NinjaTrader
Broker: AMP/ZENFIRE
Trading: 6E
Posts: 134 since Mar 2011
Thanks Given: 431
Thanks Received: 68

Congratulations Charles! In addition to a great thread, a sound 2 time frame methodology and detailed videos, you have exhibited extraordinary patience in answering all of our questions. That is what futures.io (formerly BMT) is all about.

Also thanks go out to Big Mike for fostering such generosity.

Thanked by:
  #700 (permalink)
 
forrestang's Avatar
 forrestang 
Chicago IL
 
Experience: None
Platform: Ninja, MT4, Matlab
Broker: CQG, AMP, MB, DTN
Trading: E/U, G/U
Posts: 1,329 since Jun 2010
Thanks Given: 354
Thanks Received: 1,047


As Charles mentioned, I was fully expecting the market to be a but coiled after the holiday. But right at the open I thought I sensed a bit of movement.

Short was based on a LL right after the open with a pb to the 13ma. Price makes a HH on the 377, but then shows a double top with a hidden divergence. Took the short.... in hindsight, I notice there really wasn't a doji or reversal bar near the highs around my short.

I was watching the last swing Low in anticipation of stalling. Once price started making those equal bars at the lows, I was able to move to BE+1.

Since that trade, the market has been mostly coiling and hasn't produced anything worth trading.

Attached Thumbnails
Click image for larger version

Name:	Prime2011-07-05_103956.jpg
Views:	291
Size:	486.0 KB
ID:	42640  
Thanked by:

Closed Thread



Last Updated on October 5, 2011


© 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