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I had some time today to goof around on the new platform and decided to start getting in practice for next week. So I took the ichimoku cloud off, traded my straight signals and this is the result.
I missed the big sell of early since I wasn't at the computer....I slept in today....yeah me...
So I got to deal with the junk that usually comes at the end of a runner....I wasn't gonna trade it at all but since it was sim and I felt I had decent signals and who knows, it could run further, I went ahead and traded it.
There were several signals I didn't take because I chickened out or didn't feel like they met my standards for a real signal.....
+69 ticks if I added it up right....before commissions of course.
Simplicity is the ultimate sophistication, Leonardo da Vinci
Most people chose unhappiness over uncertainty, Tim Ferris
Yep....I have used both the 89 SMA and the 50SMA. Both work. The 89 SEEMS to contain the trend better while the 50 does a great job EXCEPT when there is a bit of a spike counter trend. Then price tends to close opposite the trend....at this point I tend to start stressing out a bit about when to resume trading in the trend directon....so the 89SMA solves that problem...most of the time...... its still about price action, LL/LH, etc......
The 89 is an SMA and the 21 is an EMA....
Simplicity is the ultimate sophistication, Leonardo da Vinci
Most people chose unhappiness over uncertainty, Tim Ferris
That's such a nice and concise visualization of your entry and exit points on a chart. Is that automatically generated or did you placed them by hand? Must be great way to keep a visual trading journal.
Hey Pandawarrior, i was comparing my charts with yours.Im assuming that isnt ninja.The 89 sma on your chart is very different on your chart than on ninja.I did a comparison, and the closest i got was a 170 ema for ninja.Usually , the mas arent the same on differnent platforms, but this isnt even close.
