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TradingThePitLastTrend (foxfox journal)


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TradingThePitLastTrend (foxfox journal)

  #11 (permalink)
foxfox
Italy
 
Posts: 13 since Jun 2009
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Rules:

- Go long at 22:06 if the market’s daily low follows its daily high and the current price is higher than that day’s low.
- Sell short at 22:06 if the market’s daily high follows its daily low and the current price is lower than that day’s high.

Exit: stop loss (80$), take profit (120$), at 22:14 at market

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  #12 (permalink)
 
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 longboat 
Philadelphia, Pa
 
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Foxfox thank you for posting your rules, but I am still a little confused. Maybe it is your English which is fine and maybe someone else on here can explain your rules in more detail.
Can you please use the words "Yesterday's High of the Day or abbreviate it as YH, "Yesterday's Low of the Day or YL. " and "today's High of Day or HOD" and "today's Low of day or LOD" in your explanation? It would help clarify I think.
Thank you! It does look interesting.

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  #13 (permalink)
foxfox
Italy
 
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I don't understand. The High/Low is of the Day (same day between 15.30 and 22.05).

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  #14 (permalink)
 
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 longboat 
Philadelphia, Pa
 
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Ok so you only look at today's prices to make your entry decision. I think I got it. Keep posting your results and charts and I will understand better. Good luck. Thanks for sharing!
ciao

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  #15 (permalink)
Buster
 
Posts: 20 since Jun 2009
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Do you mean?
Go long at 22:06 if the current price is higher than that day’s low.
Go short at 22:06 if the current price is lower than that day’s high.
I think this means if the price has retraced since the high/low for current day.
Meaning in the last few minutes its not making new highs/lows.
Which in some cases we see it making new high/low even in this time period at the end of the day which would be no trade.

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  #16 (permalink)
foxfox
Italy
 
Posts: 13 since Jun 2009
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Pitlasttrend 2406

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  #17 (permalink)
 
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 Big Mike 
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wtg foxfox!



Mike

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  #18 (permalink)
Maletor
Boston
 
Posts: 88 since Jun 2009
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Did you guys just move the market 10 points?


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  #19 (permalink)
 
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 sam028 
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Maletor, you are off-topic .

I re-wrote Foxfox strategy for this idea, you can check it there.

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  #20 (permalink)
foxfox
Italy
 
Posts: 13 since Jun 2009
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PitLastTrend_result2506

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Last Updated on June 28, 2009


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