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The Italian Job


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The Italian Job

  #471 (permalink)
 
redratsal's Avatar
 redratsal 
Milan (I)
 
Experience: Advanced
Platform: Ninjatrader
Broker: Kinetick
Trading: FDAX,6E,CL,YM,NQ,ES
Posts: 1,648 since Oct 2010
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6E long 1 contract, target on R +258$


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  #472 (permalink)
 
redratsal's Avatar
 redratsal 
Milan (I)
 
Experience: Advanced
Platform: Ninjatrader
Broker: Kinetick
Trading: FDAX,6E,CL,YM,NQ,ES
Posts: 1,648 since Oct 2010
Thanks Given: 1,215
Thanks Received: 2,090

6E Short 1 contract, Target on S +245$


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  #473 (permalink)
 
redratsal's Avatar
 redratsal 
Milan (I)
 
Experience: Advanced
Platform: Ninjatrader
Broker: Kinetick
Trading: FDAX,6E,CL,YM,NQ,ES
Posts: 1,648 since Oct 2010
Thanks Given: 1,215
Thanks Received: 2,090


CL Short 2 contracts, target on S +492$


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  #474 (permalink)
r3algood
Little Rock, Arkansas
 
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@redratsal, from your experience in trading using the VWAP and looking at charts with the VWAP on on them, could you talk a little about how price interacts with the VWAP line itself in your own words?

I've been taking a look at the VWAP in my own trading and it looks to be pretty powerful.

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  #475 (permalink)
 
redratsal's Avatar
 redratsal 
Milan (I)
 
Experience: Advanced
Platform: Ninjatrader
Broker: Kinetick
Trading: FDAX,6E,CL,YM,NQ,ES
Posts: 1,648 since Oct 2010
Thanks Given: 1,215
Thanks Received: 2,090


r3algood View Post
@redratsal, from your experience in trading using the VWAP and looking at charts with the VWAP on on them, could you talk a little about how price interacts with the VWAP line itself in your own words?

I've been taking a look at the VWAP in my own trading and it looks to be pretty powerful.

Vwap and its standard deviations are a nice tool, always the same with any chart therefore pretty much self fulfilling. I use vwap as a driving support and resistance, many times it sets the trend of the day. Vwap alone is worthless if not used with PA and TA and compared with different contexts and time frames. There are some nice threads about vwap, just to name a few:


Trading With Market Statistics.II The [AUTOLINK]Volume Weighted Average Price[/AUTOLINK] ([AUTOLINK]VWAP[/AUTOLINK]). - Traders Laboratory Forums

Vwap is beeing used by commercial edgers as admitted by many traders working for large institutions, therefore it makes sense to follow its flow.

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  #476 (permalink)
 
redratsal's Avatar
 redratsal 
Milan (I)
 
Experience: Advanced
Platform: Ninjatrader
Broker: Kinetick
Trading: FDAX,6E,CL,YM,NQ,ES
Posts: 1,648 since Oct 2010
Thanks Given: 1,215
Thanks Received: 2,090

CL long 3 contracts, target below Vwap +1067$


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  #477 (permalink)
 
redratsal's Avatar
 redratsal 
Milan (I)
 
Experience: Advanced
Platform: Ninjatrader
Broker: Kinetick
Trading: FDAX,6E,CL,YM,NQ,ES
Posts: 1,648 since Oct 2010
Thanks Given: 1,215
Thanks Received: 2,090

6E short 1 contract, target near vwap +195$


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  #478 (permalink)
 
redratsal's Avatar
 redratsal 
Milan (I)
 
Experience: Advanced
Platform: Ninjatrader
Broker: Kinetick
Trading: FDAX,6E,CL,YM,NQ,ES
Posts: 1,648 since Oct 2010
Thanks Given: 1,215
Thanks Received: 2,090

In September I haven't updated my cumulative profit , as my NT crashed and I had to reinstall it with consequent loss of data. I am integrating to my counter trend Vwap 2SD technique a trend following method, therefore my daily recap is mixed of different strats. As I like to keep the thread transparent find my daily trades net profit. For those new to this thread bear in mind that trades are Sim and the whole thread represents an experiment.


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  #479 (permalink)
 
redratsal's Avatar
 redratsal 
Milan (I)
 
Experience: Advanced
Platform: Ninjatrader
Broker: Kinetick
Trading: FDAX,6E,CL,YM,NQ,ES
Posts: 1,648 since Oct 2010
Thanks Given: 1,215
Thanks Received: 2,090

CL short 3 contracts, target on S +797$


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  #480 (permalink)
 
redratsal's Avatar
 redratsal 
Milan (I)
 
Experience: Advanced
Platform: Ninjatrader
Broker: Kinetick
Trading: FDAX,6E,CL,YM,NQ,ES
Posts: 1,648 since Oct 2010
Thanks Given: 1,215
Thanks Received: 2,090


6E short 2 contracts, target on S +516$


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