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Perrys Trading Platform
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Perrys Trading Platform

  #961 (permalink)
Elite Member
Rechovot
 
Futures Experience: Advanced
Platform: NinjaTrader
Broker/Data: CQG
Favorite Futures: Index,Currency and Energy futures
 
perryg's Avatar
 
Posts: 1,703 since Jan 2010
Thanks: 504 given, 6,262 received


zt379 View Post
Just to give some feedback I've attached yesterdays and todays NT PnL Summary.
About 80% of trades were of one contract 15% on two and about 5% on four,
to give some perspective to the results.
(Results are just for ES).

The only addition to the Perry chart is that I utilize delta (via Gom "stuff").
This is how I read price intra bar.
Everything basically stems from the format Perry has outlined.

The only addition that no chart or method can give is the stuff inside the trader.
The motivation, focus, patience, discipline, tenacity, endurance, and innate understanding of who they are,
what they have decided to do and how.

Hope this is of help.

Kind regards.

Thank you for your input. The results are very good, considering the amount of trades taken. You will see that if you take 4-6 trades a day, and choose them with a little more of discretion, you will get your 90-100% success rate.

Your remarks : "The only addition that no chart or method can give is the stuff inside the trader.
The motivation, focus, patience, discipline, tenacity, endurance, and innate understanding of who they are,
what they have decided to do and how" are so correct and to the point.

The following 3 users say Thank You to perryg for this post:
 
  #962 (permalink)
Elite Member
Portugal
 
Futures Experience: Beginner
Platform: Ninjatrader, Multicharts
Broker/Data: Amp Futures/Zen-Fire
Favorite Futures: ES, 6E
 
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Posts: 230 since Aug 2009
Thanks: 404 given, 216 received

4Range + 8Range

Perry,

About your 4Range + 8Range combination. I was looking at Method1 today on the 6E and noticed that when I have an entry bar on the 4Range chart, the 8Range setup candle was still forming and didn't close.
This setup candle still forming is on the EMA(5) and counts as the at least 2 bars or more requirement. Do you consider this a valid signal and take the trade although this second candle with the slope of the EMA(5) down isn't closed?

I saw this happening 3 or 4 times and they all worked, I'd just like to confirm that this is how you trade too.

Thanks

Attached Thumbnails
Perrys Trading Platform-4range.jpg   Perrys Trading Platform-8range.jpg  

Last edited by Braulio; April 15th, 2011 at 09:51 AM.
 
  #963 (permalink)
Trading Apprentice
ukraine
 
Futures Experience: Beginner
Platform: ninjatader
 
Posts: 4 since Dec 2009
Thanks: 14 given, 0 received

monpere


Hi monpere.

Where is download indi A1TrendBarColorand a1TrendEmaColor ?? Pos t908 on you Screen.
Thanks

 
  #964 (permalink)
Elite Member
Rechovot
 
Futures Experience: Advanced
Platform: NinjaTrader
Broker/Data: CQG
Favorite Futures: Index,Currency and Energy futures
 
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Posts: 1,703 since Jan 2010
Thanks: 504 given, 6,262 received


Braulio View Post
Perry,

About your 4Range + 8Range combination. I was looking at Method1 today on the 6E and noticed that when I have an entry bar on the 4Range chart, the 8Range setup candle was still forming and didn't close. Do you consider this a valid signal and take the trade?

I saw this twice and on both times it worked, I'd just like to confirm that this is how you trade too.

Thanks

Your signals are valid. You do not need to wait for the close on the Higher Time frame if you get a valid entry on the 4 Range. The reason is that the 8 range still has way to go before the close and the Entry on the 4 Range will continue this trend. Nice entries !!

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  #965 (permalink)
Elite Member
Bala, PA, USA
 
Futures Experience: Intermediate
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Broker/Data: Mirus, IB
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Tiberius View Post
but I couldn't gain the consistency of 80% or better. So I tabled it for now. Just chiming in..............

I haven't heard of anyone but perryg getting these kinds of results with this system, and I've been watching this thread on and off for a good while. I've seen a lot of followers come and go, including myself. Maybe it goes to prove, that there are certain aspects of all discretionary methods that just can't be taught. Those are what is going to make that system profitable for one guy, but not for the guy sitting next to him. You have to find a method that is personalized to you in order to make it work for you.

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  #966 (permalink)
Elite Member
Romania, Targu-Mures
 
Futures Experience: Beginner
Platform: Ninja Trader
Favorite Futures: 6E, M6E
 
Colin F's Avatar
 
Posts: 68 since Dec 2010
Thanks: 54 given, 45 received


zt379 View Post
Just to give some feedback I've attached yesterdays and todays NT PnL Summary.
About 80% of trades were of one contract 15% on two and about 5% on four,
to give some perspective to the results.
(Results are just for ES).

The only addition to the Perry chart is that I utilize delta (via Gom "stuff").
This is how I read price intra bar.
Everything basically stems from the format Perry has outlined.

The only addition that no chart or method can give is the stuff inside the trader.
The motivation, focus, patience, discipline, tenacity, endurance, and innate understanding of who they are,
what they have decided to do and how.

Hope this is of help.

Kind regards.

Zt379, do you still have the charts on those 2 days?

Colin
 
  #967 (permalink)
Elite Member
UK London
 
Futures Experience: None
Platform: NT and XTrader
Favorite Futures: Piano
 
Posts: 1,358 since Sep 2009
Thanks: 1,356 given, 1,551 received

floreacilin


floreacalin View Post
Zt379, do you still have the charts on those 2 days?

Hello floreacilin.
Yes I have the charts.
I trade off a 2 Momentum chart and utilize Delta.
I have initial targets of 2 ticks as limit orders and adjust in real time
if and when.
Attached is an example from morning of the 14th and 15th.
It will raise more questions than answers I think as its quite specific to how I've chosen to trade.
I'm not sure how I can help?.

Every moment I wake up I realize I know nothing, and then I smile...
Attached Thumbnails
Perrys Trading Platform-es-06-11-2-momentum-_1_14_04_2011.jpeg   Perrys Trading Platform-es-06-11-2-momentum-_1_15_04_2011.jpg  

Last edited by zt379; April 16th, 2011 at 09:49 AM.
The following 2 users say Thank You to zt379 for this post:
 
  #968 (permalink)
Elite Member
Romania, Targu-Mures
 
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Platform: Ninja Trader
Favorite Futures: 6E, M6E
 
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Posts: 68 since Dec 2010
Thanks: 54 given, 45 received


zt379 View Post
Hello floreacilin.
Yes I have the charts.
I trade off a 2 Momentum chart and utilize Delta.
I have initial targets of 2 ticks as limit orders and adjust in real time
if and when.
Attached is an example from morning of the 14th.
It will raise more questions than answers I think as its quite specific to how I've chosen to trade.
I'm not sure how I can help?.

Thank you for the chart

You are right, it does rise more questions, which i will not ask...

Colin
 
  #969 (permalink)
Elite Member
UK London
 
Futures Experience: None
Platform: NT and XTrader
Favorite Futures: Piano
 
Posts: 1,358 since Sep 2009
Thanks: 1,356 given, 1,551 received


floreacalin View Post
Thank you for the chart

You are right, it does rise more questions, which i will not ask...

Questions are essential imo.
The problem is we have to find our own questions.
This isn't to say, get lost and sort it out yourself and nor is is meant to be some cryptic nonsense.

I think my point is this:
Look at any particular day you traded and at each and every trade.
Setting a profit and stop on a trade can be misleading.
I imagine Perry has "suggested" things as a frame work to help, but just because we set levels means
absolutely nothing to the market.

What I found for myself (and this is just me after almost 25 years of this) is that "confirmation"
is probably the most miss understood word in trading.

We (imo) only get confirmation AFTER the fact.
Where as "conventional thinking" wants to see or have confirmation BEFORE the fact.

What are we saying here ?
"Mr or Mrs Market can you please tell me what is GOING to happen ?"

All we can work with is a probability, or propensity of something happening.
Setting profit and stops the same on every trade can, imo, only be done if we have looked at enough data
to have established a probability of those levels giving us a consistency of profit over time.

How a trader reacts/deals with all the profits and losses during that period of consistency is another issue
that in of itself must not affect the consistency.

On the 15th I made profits, losses, entered and exited at what "turned out to be" good prices and also
not good prices.
There is no way of actually knowing until AFTER the fact.

I'm writing too much here.

All I mean to say is look INTO each of our trades.
So questions, questions....they seem unquestionably necessary.

But we must be able to understand our question
in order to understand the answer!


Just as in trading, entering a trade is like asking a question and
we wont get the answer until AFTER we've asked it.
All we can work with during a trade is to read the "attitude"
of who we are asking the question of, so we can take appropriate action.

Ramble over.
hth


.

Every moment I wake up I realize I know nothing, and then I smile...

Last edited by zt379; April 16th, 2011 at 01:00 PM.
The following 2 users say Thank You to zt379 for this post:
 
  #970 (permalink)
Elite Member
Portugal
 
Futures Experience: Beginner
Platform: Ninjatrader, Multicharts
Broker/Data: Amp Futures/Zen-Fire
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Posts: 230 since Aug 2009
Thanks: 404 given, 216 received


Perry,

Been reading the thread and got hit by a question :

On post #92 you showed an example of an aggressive entry. Looking at the picture, the entry bar is the first bar with the slope of the EMA(5) down. Second bar with EMA(5) slope down missing. This means not all the conditions are positive, am I right?

On post #391 you say that "the Entry bar was the high of 2 bars before. i.e. you had every thing in your favor", which is in agreement with the previous post #92 (but on the short side).

QUESTION:
Is this what do you call an aggressive entry? If so, you would only need at least 1 bar up or down?
. The EMA(5) - the black line - must have gone UP/DOWN at least 1 bar
. Entry bar is the high/low of the 2 previous bars

Or am I over complicating everything?

I've re-attached your picture, hope you don't mind.

Thanks

Attached Thumbnails
Perrys Trading Platform-example-trade2.png  

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