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All you need

  #11 (permalink)
 
caprica's Avatar
 caprica 
USA
 
Experience: Master
Platform: NinjaTrader
Posts: 155 since Jul 2009
Thanks Given: 45
Thanks Received: 114

i took out the %20 (space) and it worked, you need to update your profile here

"Let us be thankful for the fools. But for them the rest of us could not succeed." - Mark Twain

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  #12 (permalink)
 
Jeff Castille's Avatar
 Jeff Castille 
Northern California
 
Experience: Intermediate
Platform: Ninja Trader
Broker: Amp Futures/ Zen-Fire
Trading: YM and CL
Posts: 2,109 since Jun 2009
Thanks Given: 1,783
Thanks Received: 3,303

I don't really tweet much. I use it to follow Brett Steenberger and The Trade the Markets guys mainly.

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  #13 (permalink)
 
caprica's Avatar
 caprica 
USA
 
Experience: Master
Platform: NinjaTrader
Posts: 155 since Jul 2009
Thanks Given: 45
Thanks Received: 114


what is the ttm address?

"Let us be thankful for the fools. But for them the rest of us could not succeed." - Mark Twain

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  #14 (permalink)
 
Jeff Castille's Avatar
 Jeff Castille 
Northern California
 
Experience: Intermediate
Platform: Ninja Trader
Broker: Amp Futures/ Zen-Fire
Trading: YM and CL
Posts: 2,109 since Jun 2009
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Thanks Received: 3,303

I believe you just search Hubert Senters for one and John Carter for the other.

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  #15 (permalink)
 
HJay's Avatar
 HJay 
USA
 
Experience: Intermediate
Platform: NinjaTrader
Broker: Mirus/Zen-Fire
Trading: futures
Posts: 147 since Aug 2009

Hey Jeff,.. would you mind discussing your money management principles that you apply to the 10 range chart, ie profit targets, where you place your stop after entry and so forth.. Thanks.. I have never traded Range charts so this looks interesting anyway..

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  #16 (permalink)
 
Jeff Castille's Avatar
 Jeff Castille 
Northern California
 
Experience: Intermediate
Platform: Ninja Trader
Broker: Amp Futures/ Zen-Fire
Trading: YM and CL
Posts: 2,109 since Jun 2009
Thanks Given: 1,783
Thanks Received: 3,303

Check out this file. I believe it's what I was looking for.

Attached Files
Elite Membership required to download: Colored_MAs_by_slope.zip
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  #17 (permalink)
 
cory's Avatar
 cory 
virginia
 
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Trading: NQ
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EMA colors is in sharky package

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  #18 (permalink)
 
Jeff Castille's Avatar
 Jeff Castille 
Northern California
 
Experience: Intermediate
Platform: Ninja Trader
Broker: Amp Futures/ Zen-Fire
Trading: YM and CL
Posts: 2,109 since Jun 2009
Thanks Given: 1,783
Thanks Received: 3,303

HJay,

I prefer range bars because they reflect price alone and are not tanited by any other factors. (Time or the number of transactions) just price. On top of that I personally prefer the way a range bar chart looks. To each his own, I guess. I still keep a minute chart up just to keep my bearings. I'll toggle between a 5,15,30 minute chart through out the day.

As far as money management goes. Risk assessment first.... Stop goes 3 ticks beyond swing high/low (remember I trade the YM) this needs to fall in line with risk parameters set up in your trading plan. (this is usually no more than 2% of your account per trade max) If the risk is too great consider trading fewer contracts or passing on the trade.

Targets.... first target 7 ticks.... move stop to -7 from entry. Once your first target is hit and your stop moved this insures a breakeven trade at the very worst. Second target.....
11 ticks.... move stop to breakeven +1. Final portion of position exit is discretionary. Have a target in mind, like the next support/resistance or key number. But bottomline, when the momentum slows close the trade or trail the stop.

There may be times when you don't want to go "full boat." How often do you get a "runner" anyways? The market only trends 15% of the time. So, you may want to just take your first and second target and that's it.

As far as charts go.... if your trading a 10 range bar you should use a 15 range bar chart as an anchor chart.

Hope that answers your question.

Jeff

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  #19 (permalink)
 
HJay's Avatar
 HJay 
USA
 
Experience: Intermediate
Platform: NinjaTrader
Broker: Mirus/Zen-Fire
Trading: futures
Posts: 147 since Aug 2009

Sweet.. Just what I was looking for.. I PM'd you but maybe I'll ask it here.. I assume you only take the entries that are on the right side of the 50MA?

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  #20 (permalink)
hanaa
canada
 
Posts: 34 since Jun 2009
Thanks Given: 4
Thanks Received: 9


jeff your last chart look very interesting do you care sharing the template with us please
thanks
hanaa

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