NexusFi: Find Your Edge


Home Menu

 





All you need


Discussion in Traders Hideout

Updated
      Top Posters
    1. looks_one Jeff Castille with 696 posts (738 thanks)
    2. looks_two cunparis with 305 posts (117 thanks)
    3. looks_3 TheRumpledOne with 184 posts (93 thanks)
    4. looks_4 sharky with 71 posts (76 thanks)
      Best Posters
    1. looks_one Jeff Castille with 1.1 thanks per post
    2. looks_two sharky with 1.1 thanks per post
    3. looks_3 TheRumpledOne with 0.5 thanks per post
    4. looks_4 cunparis with 0.4 thanks per post
    1. trending_up 1,263,169 views
    2. thumb_up 1,625 thanks given
    3. group 195 followers
    1. forum 2,476 posts
    2. attach_file 535 attachments




 
Search this Thread

All you need

  #451 (permalink)
 
cunparis's Avatar
 cunparis 
Paris, France
 
Experience: Advanced
Platform: Market Delta & Ninjatrader
Trading: ES
Posts: 2,565 since Jun 2009
Thanks Given: 1,162
Thanks Received: 2,093


Jeff Castille View Post
Sounds like a magic trick. I think that Cunparis has been attempting this sort of approach with no indicators.( the "feb" approach)

The Asian box breakout is simply buying a breakout of the asian trading range (forex). When london opens you buy/sell on the breakout. Sounds simple, I never tried it.

Follow me on Twitter Reply With Quote

Can you help answer these questions
from other members on NexusFi?
Deepmoney LLM
Elite Quantitative GenAI/LLM
Futures True Range Report
The Elite Circle
The space time continuum and the dynamics of a financial …
Emini and Emicro Index
ZombieSqueeze
Platforms and Indicators
Are there any eval firms that allow you to sink to your …
Traders Hideout
 
Best Threads (Most Thanked)
in the last 7 days on NexusFi
Get funded firms 2023/2024 - Any recommendations or word …
59 thanks
Funded Trader platforms
36 thanks
NexusFi site changelog and issues/problem reporting
25 thanks
GFIs1 1 DAX trade per day journal
19 thanks
The Program
18 thanks
  #452 (permalink)
 TheRumpledOne 
Tucson, AZ
 
Posts: 413 since Aug 2009


cunparis View Post
The Asian box breakout is simply buying a breakout of the asian trading range (forex). When london opens you buy/sell on the breakout. Sounds simple, I never tried it.



It is really simple yet very profitable.

With proper position sizing, you can make this your "bread and butter" trade.

Actually you can trade any H1 high/low breakout profitably.

Reply With Quote
  #453 (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


Here's a look at today's "All you Need" template.

TRO, thanks for sharing so many of your set ups. It is such a different way of looking at the markets than I am used to. I'll have to do some serious studying of the charts that you posted tonight so that I can formulate some sort of half way intelligent response.

Jeff

Attached Thumbnails
Click image for larger version

Name:	YM 12-09  9_10_2009 (10 Range).jpg
Views:	377
Size:	115.8 KB
ID:	1912  
Follow me on Twitter Started this thread Reply With Quote
  #454 (permalink)
 
jdella's Avatar
 jdella 
Concord, NH USA
 
Experience: Intermediate
Platform: Ninja trader
Broker: AMP/CQG
Trading: ES
Posts: 182 since Jun 2009
Thanks Given: 140
Thanks Received: 115


TheRumpledOne View Post
After price made the high of the day, a short at the first line when red candle crossed it made money.

Later... when price was near the high of the day, a short at the first line when red candle crossed it made money.

That's how a red rat would trade.

So TRO is it important to section the chart in 10 point increments? Regardless of the instrument that you trade, i.e. CL/ YM/ EC etc. I know you trade forex but you get what I mean.

Thanks for your insight, and I for one would like to welcome you to what I feel is the greatest forum for traders helping other traders. Thanks Big Mike for hosting it.

Jeff

Reply With Quote
  #455 (permalink)
 
wh's Avatar
 wh 
Neubrandenburg, Germany
 
Experience: Advanced
Platform: R
Trading: Stocks
Posts: 538 since Jun 2009
Thanks Given: 298
Thanks Received: 512

follow the price or volume ...


Ok guys keep it simple. Look at the mirror/monitor and no hope no fear. Jump in and out. Set a target fibs, mml or price action hh ll lh hl (this are true friends), do this also for stop. See also in higher frames and use this as confirmation. So you have the control ...

my personal target is a 1/3 rocket mean 20 pips max. loss and 60 pips goal. i do not trade then more as 10 trades per week. this was the hardest for me. at the beginning i had high performance and higher loser ... overtrading is simple ... keep it simple ...

I am also a angry guy, so i look at the damned indicators, but only stoch or dinapoli stoch looking for oversold and overbought ... the same signal in two frames like 5 min / 30 volume and 30 min / 300 volume (calculate on eurusd) ... make a good signal for me ...

i like the 240 minute frame or the 2700 volume, they shows me i can do something for the develpoment of my style, system or show a movie or i babysitting my trades (when action is ...

i looked at a view frames like range, renko or tick ... you can win on all, but the basics i had learn on time ... so i like this ... my partner only trade on range like 16/21 and as conformation the 55 ... he trade a other style, but looks he looks only mins and maxs zoom in and out ... i believe he do the same ... but i look left and right and he only straight ...

thanx to george ... the sedona method helps ... one importent step is you do not need the money ( i need money too but for my rent, kid and wife mean 100 $ / day for this) ... forget the commercials and you will win ...

do not look at to much indicator, i believe now they are not your friends. follow the price and the averages ... i mean it simple like guppy stock trading ... why, the most indicators have the same background (average, osc.) one smooth better ...

for example i buy/sell at point 2 (see frame) then i do trend trading or in tro's word down/up for a longer time with a target ...
or i buy/sell at the middle of the outside bar in the direction of the color (blue == long and red == short) and take the pips on the point 2/ 3 / DB / DT ... and i look at my stochs ... whether it makes sense

wh

and tro i like your style not your platform (this sucks) but your are old and i am a young guy. was not upset i learn also from you.

Attached Thumbnails
Click image for larger version

Name:	learning from wh.png
Views:	470
Size:	386.5 KB
ID:	1918   Click image for larger version

Name:	volume.png
Views:	332
Size:	652.0 KB
ID:	1919  
Reply With Quote
Thanked by:
  #456 (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

Just to let you know...... I tried the "Red Rat" in sim mode today...... two set ups..... both worked !!!!

Attached Thumbnails
Click image for larger version

Name:	YM 12-09  9_10_2009 (10 Range).jpg
Views:	579
Size:	132.2 KB
ID:	1920  
Follow me on Twitter Started this thread Reply With Quote
  #457 (permalink)
 
wh's Avatar
 wh 
Neubrandenburg, Germany
 
Experience: Advanced
Platform: R
Trading: Stocks
Posts: 538 since Jun 2009
Thanks Given: 298
Thanks Received: 512


Jeff Castille View Post
Just to let you know...... I tried the "Red Rat" in sim mode today...... two set ups..... both worked !!!!

sorry for question is this 123 pattern ...

wh

Reply With Quote
  #458 (permalink)
 
wh's Avatar
 wh 
Neubrandenburg, Germany
 
Experience: Advanced
Platform: R
Trading: Stocks
Posts: 538 since Jun 2009
Thanks Given: 298
Thanks Received: 512


Jeff Castille View Post
Just to let you know...... I tried the "Red Rat" in sim mode today...... two set ups..... both worked !!!!

sorry for question is this 123 pattern ... for me perhaps

wh

Reply With Quote
  #459 (permalink)
 
cunparis's Avatar
 cunparis 
Paris, France
 
Experience: Advanced
Platform: Market Delta & Ninjatrader
Trading: ES
Posts: 2,565 since Jun 2009
Thanks Given: 1,162
Thanks Received: 2,093


TheRumpledOne View Post
Actually you can trade any H1 high/low breakout profitably.

Can you explain how you do this? Sorry but I'm really new to trading without squigglies.

So you draw horizontal lines above & below the high & low of the 1 hour candle. Now let's say price goes above. Do you program a buy stop ahead of time? Say 3 ticks above the high to prevent a fake out?

once you're in you have 10 tick stop you said. From what I see in the markets price rarely moves straight up. It moves up 10 back 6 up 10 back 6 etc. So let's say you get stopped out. Do you program another buy stop above the high?

I'm convinced this works on major swing pivots but on a 1 hour range I'm having a hard time seeing it.

Thanks

Follow me on Twitter Reply With Quote
  #460 (permalink)
 
cunparis's Avatar
 cunparis 
Paris, France
 
Experience: Advanced
Platform: Market Delta & Ninjatrader
Trading: ES
Posts: 2,565 since Jun 2009
Thanks Given: 1,162
Thanks Received: 2,093



Jeff Castille View Post
Just to let you know...... I tried the "Red Rat" in sim mode today...... two set ups..... both worked !!!!

Can you explain the setups, I need to reread the red rat stuff cause I didn't get it but it's 11pm here and wife is complaining!

Follow me on Twitter Reply With Quote




Last Updated on February 1, 2022


© 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