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"I would be interested in seeing the results for TF 12-10 on December 1st , if you have time.
Thanks for posting !"
from ThatManFromTexas post #78 Side note: I, too, can be called ThatManFromTexas, but that's another story.
I will have to do more work, as I notated the wrong day-12-2-10, which is shown below.
Hope it wasn't a waste of time.
I still must get on the option work I promised.
So much to do and still trade.
More later.
WK
Can you help answer these questions from other members on NexusFi?
ESFXtrader , I took a simple trend following system and added your filter idea. The results are in the Excel spread sheet attached.
Thanks for taking the time to post your ideas. Please don't be offended if people interrogate you ... oops.. I mean ask a lot of questions. That's how we learn.
I hope you stick around and join the Elite group.
I'm just a simple man trading a simple plan.
My daddy always said, "Every day above ground is a good day!"
ESFXtrader_CCIBarCounter is an indicator I wrote to count the bars as described by ESFStrader. This version is intended to be an academic exercise to determine if I'm counting them correctly. The counting begins when the CCI crosses the +45 or -45. …
I hope that ESFX does not mind my attempt to explain trades.
The short @ 743 is based on the concept that after the 5 bar countback the market is set to reverse itself.
In one of ESFX's earlier posts he stated to look at the CCI bars, where are they coming from. In this case each consective bar is converging to the zero line.
Regards
Keep things as simple as possible, but no simplier. Albert Einstein
If you can't explain it to an eight year old it's to complicated
Also, you could add that price had fallen out of the ring (read Bollinger bands) and as such you can expect a mean reversion to the middle of the ring. Fat Tails is a fan of such moves where price reaches an area outside of the norm (volatility bands) and re-enter the ring (Keltner channel, Bollinger bands ect.) even more so if the last move made a new peak or extremum as would write Gomi.
ESFXtrader
West Coast of Florida
Posts: 505 since Jul 2010
Thanks Given: 56
Thanks Received: 2,284
"I would be interested in seeing the results for TF 12-10 on December 1st , if you have time.
Thanks for posting !" from ThatManFromTexas Post #78
I show a sample of potential trades in the attached chart for your perusal. After the early bull move, the range was tight, as you were aware, and yet plenty of money to be made. Just follow the signals.
Thanks for any help in explaining my system. I just returned from helping a friend move...you know how it is when you own a truck....trading, which is our living, is set aside.....but it is always great to have good friends.
And ther is always another trade.
“you only use an 11 tick chart to trade the 6e?”
Thanks, Jeff
Actually, the 11 tick chart would be to fast on the 6e, and I was referring to the TradeStation's @E7, which is the e-mini EURO FX continuous contract. Each tick is $6.50 per contract. I will include a chart with notations. Hopefully this will clear up most questions.
Keep things as simple as possible, but no simplier. Albert Einstein
If you can't explain it to an eight year old it's to complicated
