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My ES Scalping Strategy, 2+ pts/day
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My ES Scalping Strategy, 2+ pts/day

  #61 (permalink)
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forrestang View Post
Looking forward to video of today's action if you traded rollover.


EDIT-----
Grabbed one more long right near end of day.

NICE....really looks like your seeing the trades I would take!....Sorry I did not trade today, crazy with my business, friday and role over, just passed on trading. I will try and make a video later today or sat...

Thanks for posting the trades, stinks on that stop out just to see it come back up for a retest, but nice trading!!!

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  #62 (permalink)
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I was reading most of the day, so I didn't look at my charts much till later in the day. I saw a trade and took it.

Was stopped, to the tic.

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My ES Scalping Strategy, 2+ pts/day-prime2011-06-13_144157.jpg  
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  #63 (permalink)
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forrestang View Post
I was reading most of the day, so I didn't look at my charts much till later in the day. I saw a trade and took it.

Was stopped, to the tic.


I feel for you, the ES seems to know how to do that, today was "slow" in the morning it felt to me, and after my loss I switched it up a little, basically trading with the trend chart trades but I wanted to enter at around the cloud/mean line for just lower target scalps because of how slow the 350 tick bars seemed to be plotting. ( there I was thinking again....)

Trading for me over the next 2 weeks will be slower, I have decided to close the business down, I cant seem to get on the same page as the other owner (that lives 2000 miles away), so that will be a lot of work getting my clients taken care of and all the legal franchise stuff taken care of, good news is I should be able to start trading full time again soon from a full size screen.....wow what a concept.

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My ES Scalping Strategy, 2+ pts/day-es-6_13_2011-chart.jpg  
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  #64 (permalink)
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Monday trades

I was able to trade for about an hour this morning,

first picture is after I got filled on first leg and you can see I moved second pt way up ...
Second picture is of my "add-on", only 2 contracts......as you will see in picture 3 I got stopped on runner, then I exited at market on the 2 contract trade, and waited to see what I thought would be a bottom and entered again after it looked like it would move back up. After that got filled I again tried to get back in one more time, didnt happen. Only about half the daily goal but not bad overall...

Attached Thumbnails
My ES Scalping Strategy, 2+ pts/day-es-09-11-350-tick-6_14_2011.jpg   My ES Scalping Strategy, 2+ pts/day-es-09-11-350-tick-6_14_2011-2.jpg   My ES Scalping Strategy, 2+ pts/day-es-09-11-350-tick-6_14_2011-3.jpg  
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  #65 (permalink)
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There is a beginning....

Futures Edge on FIO

Which products do you trade?

 
Sorry to hear about your business. I know how that feels.

One day one of my old managers came up to me when we were re-running payrolls and he says...."There is a beginning, a middle and an end. You sir are in the middle." He meant that even though I was up to my ears in shit at the moment - eventually things would get better. Gee thanks boss.

Putting that aside for the moment, you have to do what your gut tells you in business or it just isn't worth the aggravation. You need to be able to sleep at night.

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  #66 (permalink)
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Tuesday trades

Here is the screen shot for my morning trades.....all were full boat trades for me. I only had about 40 min in front of the screen to trade but got DG pretty easy. I will admit after the gap down I was "off" as to what to do, but I did try and not think too much and just trade what I was seeing right then. I was/am trying to be a little more aggressive in my entry placement so I can quit missing so many trades....worked a little today.

Any questions just ask, I plan on buying more download memory today so everyone can still watch the posted videos , then I plan on switching over to you tube ( when I get that figured out).

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My ES Scalping Strategy, 2+ pts/day-es-09-11-350-tick-6_15_2011example1.jpg  
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  #67 (permalink)
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ohh boy..
thats just funny..

when i first saw your topic, i commented but didnt follow it..
so today i got in here and started reading from page 1 to 7.. and along the reading i started to see so many things in common,

- the renko charts (okay, thats just the obvious one)
- the 2-3 ticks exit
- the lack or few money management
- the amazing ability to miss big runs in trends (whether they are up or down)

i have also realized some differences, like your story through trading, and the way you usually get out of a trade, by allowing one one final contract to keep running .. i dont. i just buy all them at once and sell all of them at once.

however, the similarities are much stronger, so lets focus on them..
so right after finishing reading i decided to plot your setup in my 2 renko chart
guess what i found ?
your 10 and 21 doch, match exactly my 10 sma and 60 linear regression lines i use.
we basically get the same entries and exits, not to mention our 2-3 ticks out
the only difference is you use another criteria to get in, something to do with spaces, as far as i have understood

go ahead and try plotting a 10 sma at your chart and a 10 dochanian and you will see how it perfectly matches, they are almost the same thing.
now put a 60 linear regression, thats where difference kicks in, in some cases your 21 doch manage to get a reverse faster than my 60 linreg , some other times i manage to get the reverse before you do.
interesting, isnt it ?


i guess a picture worths a thousand words..

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My ES Scalping Strategy, 2+ pts/day-capture.png  
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  #68 (permalink)
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jayminho View Post
ohh boy..
thats just funny..

when i first saw your topic, i commented but didnt follow it..
so today i got in here and started reading from page 1 to 7.. and along the reading i started to see so many things in common,

- the renko charts (okay, thats just the obvious one)
- the 2-3 ticks exit
- the lack or few money management
- the amazing ability to miss big runs in trends (whether they are up or down)

i have also realized some differences, like your story through trading, and the way you usually get out of a trade, by allowing one one final contract to keep running .. i dont. i just buy all them at once and sell all of them at once.

however, the similarities are much stronger, so lets focus on them..
so right after finishing reading i decided to plot your setup in my 2 renko chart
guess what i found ?
your 10 and 21 doch, match exactly my 10 sma and 60 linear regression lines i use.
we basically get the same entries and exits, not to mention our 2-3 ticks out
the only difference is you use another criteria to get in, something to do with spaces, as far as i have understood

go ahead and try plotting a 10 sma at your chart and a 10 dochanian and you will see how it perfectly matches, they are almost the same thing.
now put a 60 linear regression, thats where difference kicks in, in some cases your 21 doch manage to get a reverse faster than my 60 linreg , some other times i manage to get the reverse before you do.
interesting, isnt it ?


i guess a picture worths a thousand words..

NICE, I will look into your things this weekend! :-)

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  #69 (permalink)
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Thursday trades....DG

Here are today's trades....3 in all, the news made me wait for awhile, then it wouldn't let me in until I stopped moving the order and actually got filled 15 min later for the final win for 2+ points today, back to work.....

Attached Thumbnails
My ES Scalping Strategy, 2+ pts/day-es-09-11-350-tick-6_16_2011-trade-example.jpg  
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  #70 (permalink)
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great thread....great technique


I was reading your thread........................ JW, you have a nice simple trading strategy.

I was playing with your templates and I bought the break out of a shallow pullback after I started watching the price action. I think maybe.....................

Keep up the good work.

Tiberius.......former business owner of several businesses

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My ES Scalping Strategy, 2+ pts/day-thursday.jpg  

Last edited by Tiberius; June 16th, 2011 at 04:56 PM. Reason: added image
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