NexusFi: Find Your Edge


Home Menu

 





not trading off the seat of my pants


Discussion in Stocks and ETFs

Updated
      Top Posters
    1. looks_one Tiberius with 73 posts (112 thanks)
    2. looks_two rpm123 with 24 posts (26 thanks)
    3. looks_3 Fat Tails with 9 posts (20 thanks)
    4. looks_4 drytlewski322 with 8 posts (9 thanks)
      Best Posters
    1. looks_one Fat Tails with 2.2 thanks per post
    2. looks_two Tiberius with 1.5 thanks per post
    3. looks_3 rpm123 with 1.1 thanks per post
    4. looks_4 drytlewski322 with 1.1 thanks per post
    1. trending_up 39,504 views
    2. thumb_up 185 thanks given
    3. group 9 followers
    1. forum 128 posts
    2. attach_file 103 attachments




 
Search this Thread

not trading off the seat of my pants

  #101 (permalink)
 
Tiberius's Avatar
 Tiberius 
Coos County New Hampshire
 
Experience: Intermediate
Platform: NinjaTrader
Broker: IB
Trading: ES
Posts: 1,552 since Feb 2010
Thanks Given: 2,984
Thanks Received: 3,406


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.

Visit my NexusFi Trade Journal Started this thread Reply With Quote
Thanked by:

Can you help answer these questions
from other members on NexusFi?
Deepmoney LLM
Elite Quantitative GenAI/LLM
The space time continuum and the dynamics of a financial …
Emini and Emicro Index
Exit Strategy
NinjaTrader
My NT8 Volume Profile Split by Asian/Euro/Open
NinjaTrader
Better Renko Gaps
The Elite Circle
 
Best Threads (Most Thanked)
in the last 7 days on NexusFi
Get funded firms 2023/2024 - Any recommendations or word …
61 thanks
Funded Trader platforms
39 thanks
NexusFi site changelog and issues/problem reporting
26 thanks
GFIs1 1 DAX trade per day journal
18 thanks
The Program
18 thanks
  #102 (permalink)
 
Tiberius's Avatar
 Tiberius 
Coos County New Hampshire
 
Experience: Intermediate
Platform: NinjaTrader
Broker: IB
Trading: ES
Posts: 1,552 since Feb 2010
Thanks Given: 2,984
Thanks Received: 3,406

any questions????

Attached Thumbnails
Click image for larger version

Name:	Thursday 2.JPG
Views:	268
Size:	331.8 KB
ID:	41886  
Visit my NexusFi Trade Journal Started this thread Reply With Quote
  #103 (permalink)
 
rpm123's Avatar
 rpm123 
Green Bay WI
 
Experience: Intermediate
Platform: NT
Broker: AMP/CQG
Trading: 6E
Posts: 321 since Apr 2010
Thanks Given: 337
Thanks Received: 466



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.

Visit my NexusFi Trade Journal Reply With Quote
  #104 (permalink)
 
Tiberius's Avatar
 Tiberius 
Coos County New Hampshire
 
Experience: Intermediate
Platform: NinjaTrader
Broker: IB
Trading: ES
Posts: 1,552 since Feb 2010
Thanks Given: 2,984
Thanks Received: 3,406


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.

Attached Thumbnails
Click image for larger version

Name:	Friday.JPG
Views:	259
Size:	333.3 KB
ID:	41944   Click image for larger version

Name:	June NP 2011 004.JPG
Views:	256
Size:	742.8 KB
ID:	41945   Click image for larger version

Name:	June NP 2011 001.JPG
Views:	223
Size:	744.6 KB
ID:	41946   Click image for larger version

Name:	June NP 2011 003.JPG
Views:	252
Size:	705.8 KB
ID:	41947  
Visit my NexusFi Trade Journal Started this thread Reply With Quote
Thanked by:
  #105 (permalink)
 
rpm123's Avatar
 rpm123 
Green Bay WI
 
Experience: Intermediate
Platform: NT
Broker: AMP/CQG
Trading: 6E
Posts: 321 since Apr 2010
Thanks Given: 337
Thanks Received: 466

very zen waterfall, you should set up your office out there, since you have your own rainbow and all

Visit my NexusFi Trade Journal Reply With Quote
Thanked by:
  #106 (permalink)
 
rpm123's Avatar
 rpm123 
Green Bay WI
 
Experience: Intermediate
Platform: NT
Broker: AMP/CQG
Trading: 6E
Posts: 321 since Apr 2010
Thanks Given: 337
Thanks Received: 466


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

Visit my NexusFi Trade Journal Reply With Quote
Thanked by:
  #107 (permalink)
 
Tiberius's Avatar
 Tiberius 
Coos County New Hampshire
 
Experience: Intermediate
Platform: NinjaTrader
Broker: IB
Trading: ES
Posts: 1,552 since Feb 2010
Thanks Given: 2,984
Thanks Received: 3,406


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:

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%.

Visit my NexusFi Trade Journal Started this thread Reply With Quote
Thanked by:
  #108 (permalink)
 
forrestang's Avatar
 forrestang 
Chicago IL
 
Experience: None
Platform: Ninja, MT4, Matlab
Broker: CQG, AMP, MB, DTN
Trading: E/U, G/U
Posts: 1,329 since Jun 2010
Thanks Given: 354
Thanks Received: 1,047

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.

Reply With Quote
Thanked by:
  #109 (permalink)
 
Tiberius's Avatar
 Tiberius 
Coos County New Hampshire
 
Experience: Intermediate
Platform: NinjaTrader
Broker: IB
Trading: ES
Posts: 1,552 since Feb 2010
Thanks Given: 2,984
Thanks Received: 3,406

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.

Attached Thumbnails
Click image for larger version

Name:	Monday 01.JPG
Views:	242
Size:	109.3 KB
ID:	42137   Click image for larger version

Name:	Monday 02.JPG
Views:	233
Size:	122.5 KB
ID:	42138   Click image for larger version

Name:	Monday 03.JPG
Views:	226
Size:	92.8 KB
ID:	42139   Click image for larger version

Name:	Monday 04.JPG
Views:	253
Size:	41.0 KB
ID:	42140  
Visit my NexusFi Trade Journal Started this thread Reply With Quote
  #110 (permalink)
 
Tiberius's Avatar
 Tiberius 
Coos County New Hampshire
 
Experience: Intermediate
Platform: NinjaTrader
Broker: IB
Trading: ES
Posts: 1,552 since Feb 2010
Thanks Given: 2,984
Thanks Received: 3,406


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.

Attached Thumbnails
Click image for larger version

Name:	Monday.JPG
Views:	264
Size:	215.5 KB
ID:	42141  
Visit my NexusFi Trade Journal Started this thread Reply With Quote
Thanked by:




Last Updated on July 15, 2011


© 2024 NexusFi™, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
All information is for educational use only and is not investment advice. There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Privacy Policy - Downloads - Top
no new posts