My 6E trading strategy

July 26th, 2011, 01:06 PM

trendisyourfriend

Some people asked my settings for other symbols, here they are:

6E -> 1508 short term 1508/4
Max: 23t
Avg: 11t
Min: 8t

NQ -> 1200 short term 1200/4
Max: 25t
Avg: 15t
Min: 11t

ES -> 3200 short term 3200/4
Max: 12t
Avg: 7t
Min: 5t

This is based on the fact that if the S&P moves 1 point, the Dow will move 10 points, the NASDAQ will move 2 points and the RUSSELL 1/2 point. So using the MAX[100], MIN[100] and EMA[100] applied to the ATR[14] i got these numbers.

Thanks for posting.

One question though, what do these numbers mean?

Max: 25t
Avg: 15t
Min: 11t

July 26th, 2011, 02:01 PM

Lmess

Thanks for posting.

One question though, what do these numbers mean?

Max: 25t
Avg: 15t
Min: 11t

t = ticks. I wanted to know how many ticks a bar might have on average as well as the MAXIMUM and MINIMUM i could find. To do this i proceeded using the MAX, MIN and EMA functions in Ninja but applied to the ATR[7]. Knowing these figures i tried to find the settings for the other symbols to get a similar ratio of ticks. See picture for more details.

July 26th, 2011, 02:20 PM

trendisyourfriend

t = ticks. I wanted to know how many ticks a bar might have on average as well as the MAXIMUM and MINIMUM i could find. To do this i proceeded using the MAX, MIN and EMA functions in Ninja but applied to the ATR[7]. Knowing these figures i tried to find the settings for the other symbols to get a similar ratio of ticks. See picture for more details.

Interesting approach to determining the tick chart settings for the other instruments.

I wanted to determine the settings for the YM; unfortunately SC does not have similar studies so I can determine the tick chart settings for the YM. Could you please check with your indicators to see what the appropriate settings for the YM would be?

July 26th, 2011, 02:34 PM

Lmess

Interesting approach to determining the tick chart settings for the other instruments.

I wanted to determine the settings for the YM; unfortunately SC does not have similar studies so I can determine the tick chart settings for the YM. Could you please check with your indicators to see what the appropriate settings for the YM would be?

If you use 1200t for your long term you should match the settings i posted for the ES.

Here are the stats for the YM

YM -> 1200
Max: 33 pts
Avg: 20 pts
Min: 14 pts

On average each bar makes 20 pts on a 1200t chart.

July 26th, 2011, 03:08 PM

Lmess

Interesting approach to determining the tick chart settings for the other instruments.

I wanted to determine the settings for the YM; unfortunately SC does not have similar studies so I can determine the tick chart settings for the YM.

be creative.

July 28th, 2011, 04:05 PM

Here are my settings for the 6E, ES, NQ and TF for this strategy (see picture). These represent my long term charts.

July 29th, 2011, 03:32 PM

cjbooth

Traders,

I have created a 60 minute video that covers trading for the 1st 3 days of the week, I will try to create another one over the weekend covering the last 2 days in order to catch everyone who is not attending my trading room caught up

Click this link to watch the video

[COLOR=#0066cc]http://www.anymeeting.com/tradingmymethod/E950D787814C[/COLOR]

Charles

maybe its just on my end, but the video just sits at the connecting screen..

July 29th, 2011, 04:01 PM

cjbooth

It appears the AnyMeeting server is down, They do have scheduled maintenance for today but it was suppose to not be until late tonight. Check again later or on Saturday and contact me if the video still fails to load

Charles

sweet, will do charles. have a rum n coke or two!

July 29th, 2011, 06:03 PM

madLyfe

sweet, will do charles. have a rum n coke or two!

I have determined that the recording I posted was bad and have deleted the post containing it. I will create a new one over the weekend and repost it

Sorry for the temporary aggravation

Charles

August 1st, 2011, 05:55 AM

traders,

I have produced an updated manual which explains the rules for my trading method in much better detail than the previous manual.

This manual is for your use only in order for you to gain a better understanding of my method

Any use of this manual for any reason other than your training benefit which includes reproduction or distribution in any way is strictly prohibited

Any trader who would like to join my free trading room to see these trade patterns set up on the right edge needs to send me an email at [email protected] requesting access

My 6E trading strategy-trade-setup-rules.pdf

Charles

My 6E trading strategy

Discussion in Currencies

My 6E trading strategy