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not trading off the seat of my pants
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Created: by Tiberius Attachments:102

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not trading off the seat of my pants

  #101 (permalink)
Elite Member
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Fat Tails View Post
@Tiberius: Don't waste your time with this BrainTrend indicator. It will not run correctly, but rather let explode your CPU.

Thanks for the heads up. I deleted the BrainTrend.cs from my NT7 and this thread.

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  #102 (permalink)
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Contest continues..................

any questions????

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  #103 (permalink)
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Tiberius View Post
any questions????

what a day, huh? I'm marking up my chart now, I did not trade (follow) it as well as I could, but did great. How well did you actually trade? Are you following?

Have you settled on your method? Still tinkering?

I see you are using bigger bars for higher (timeframe). I like that too. Have you given up on the time charts? What is the value of (how do you use) the different indicators on differnt time(range)frames?

How do you plan to wrap up your contest thread? 1 week left and then the holiday.

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  #104 (permalink)
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Pot of Gold awaits...................


rpm123 View Post
what a day, huh? I'm marking up my chart now, I did not trade (follow) it as well as I could, but did great. How well did you actually trade? Are you following?

Have you settled on your method? Still tinkering?

I see you are using bigger bars for higher (timeframe). I like that too. Have you given up on the time charts? What is the value of (how do you use) the different indicators on differnt time(range)frames?

How do you plan to wrap up your contest thread? 1 week left and then the holiday.


Thursday was indeed an exiting day. But I couldn't get into sycn with the fast market on the open, waited to 9:45 EDT, no trend change. There were charts all over my desktop buried two or three deep. I was watching the YM and not the 6E. So that is why I created and posted that template in my journal. I didn't trade because I had a conflict with what I was thinking and what I was seeing. When we had the 100 pt melt-up in a few minutes yesterday afternoon I was in the backyard.

Right now I am following the YM and 6E.

I am using this method, the TripleColor for the multi-hour trades as you can see on the 6E chart. For the multi-minute trade I prefer your @rpm123 method. I am still tinkering with identifying chop, early warning for a potential trade, and a trade exit with being premature.

With one week to go in the contest thread; I will continue to answer questions. "Thank you, Patrick for asking them." And next week I will be trading the 6E around the clock (starting 3:00 AM EDT, Monday morning)as I start watching the 6E Sunday evening. I will be using the trades to review this method and repost the rules.

Image 1: the current TripleColor trades on the 6E
Image 2: I was in the backyard on the melt-up
Image 3,4: this morning a rainbow is in my front yard, and the other end with the pot of gold is in my office.

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not trading off the seat of my pants-friday.jpg   not trading off the seat of my pants-june-np-2011-004.jpg   not trading off the seat of my pants-june-np-2011-001.jpg   not trading off the seat of my pants-june-np-2011-003.jpg  

Last edited by Tiberius; June 24th, 2011 at 03:31 PM. Reason: image
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  #105 (permalink)
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very zen waterfall, you should set up your office out there, since you have your own rainbow and all

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  #106 (permalink)
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Tiberius View Post
.

Image 1: the current TripleColor trades on the 6E

On the 8 range, did you post what that was in panel 2 and 3? I'm finding the 3 color solution a winner. Thanks

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  #107 (permalink)
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TripleColor with a trading style


rpm123 View Post
On the 8 range, did you post what that was in panel 2 and 3? I'm finding the 3 color solution a winner. Thanks

@rpm123 : panel 2 is the force index and panel 3 is the DMplus indy. I posted the template here: https://futures.io/trading-journals/8393-started-journal-because-11.html

The TripleColor strategy is great. Blue...long, red...short. All one has to do is to adapt their trading style to enter and exit the triple color trade. My style for the short term trade is to take the break-out after the first pull back on a triple color trend change. And I find this trade easy using Perry's method 1, so I put the above in panels 2 & 3. So, maybe I improved his method because the backdrop is the TripleColor.

The chart images are on my other computer. For the several break-out trades I took on both the 6E and YM, Friday morning, I was 100%.


Last edited by Tiberius; June 26th, 2011 at 03:56 PM.
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  #108 (permalink)
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Interesting Tiberius. I was posting how one may go about finding better trades using the Perry Method. There are just so many trades that pop up, and without some context, it seems like a crap shoot.

I'm interested in what you've got going here.

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  #109 (permalink)
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Here we go.......

a TripleColor trade


I am short, I waited for the bar to close for the TripleColor red......................... I am using the M6E instead of the 6E, because I am going to sit back and relax and let this trade play out. I will be either stopped out or close the trade out as the triple color conditions change.


I will post more as the trade develops........................

Okay, one and a half hours later..............a failed trade.....after being +11...closed it out -6. Color conditions changed, got a white bar followed by a white bar that closed red and then I let the market stop me out on a tight stop on another white bar.

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not trading off the seat of my pants-monday-01.jpg   not trading off the seat of my pants-monday-02.jpg   not trading off the seat of my pants-monday-03.jpg   not trading off the seat of my pants-monday-04.jpg  

Last edited by Tiberius; June 27th, 2011 at 04:04 PM. Reason: Add Info
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  #110 (permalink)
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TripleColor tidbit.....


While I was editing the last post on my laptop, I took this sim trade on my other computer. Sim traded because I was busy with the other.

I tried to take a Perry's method 1 short on the TripleColor (red) 4 range chart while the 8 range chart was TripleColor blue. The trade failed. The trade before was a blue and blue winner.

Just thinking out loud.

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