this is 30 MIN swing chart - we closed this trade today at 4:09 up @ 1409
we banked 16 points this week and all of it was today -
that makes 42 % gain in 5 weeks or 10,000 has increased to 14,200 .
the reason i flattened the trade was due to the fact it pressed up to the flat line again - we will start again very soon on this pattern -
we chose to use discretionary methods this week ,instead of trading every signal do to past experiance with flatlines -if we had traded every signal we would have added another 2 points to our weekly total .
:when you cheat -you only cheat yourself
refer to post # 470 & 527 & 930
option traders refer to post 996 thru 1005
I just realized that I remember a successful trader saying that the market never goes anywhere really in August. It moves up and down but doesn't really make any progress in a single direction.
I think I just need to remember that because I think I was getting toasted earlier in the month on my spreads.
The following 2 users say Thank You to Allistah for this post:
So I went back and re-did all my chart configs to try and get something that will work better for me. I'm using three charts, a weekly, a daily, and a 2h chart.
My thought process is that I want the weekly and daily to both be in the "bullish" state as far as the system goes. Then when the 2h breaks up into a bullish state, that is the entry signal.
One thing you have mentioned is something that had already moved a lot in a direction. I think you're referring to it being over extended and ready for a pullback of sorts. I think thats what you were referring to, please tell me if I'm wrong on that assumption.
So I was think about adding some sort of study that would allow me to see over bought and oversold situations so that even though the weekly and daily are in a "bullish" state in the system, they both may be very over bought and taking a long signal on the 2h could be a setup for a losing trade.
What do you think about that?
Here is my chart config now and I've commented on the chart as well to give you an idea how I would look at it if I was going to trade it as it is here.
What do you think?
Thanks,
-Alli
The following 3 users say Thank You to Allistah for this post:
WOW- i could not be any more impressed with your thought process in perfecting your trading stratigy --
well done
i agree with all your thoughts and your process -
i will give a charting segment sunday for the other stocks you are playing , using the same ma's ,we used on aapl -
after the aapl move after hours - we had no idea they were in a legal battle ,as our system is based purely on floating ma's - we check news briefs only only on a daily trading basis -
again very class act process and job -my hat is off to you
:when you cheat -you only cheat yourself
refer to post # 470 & 527 & 930
option traders refer to post 996 thru 1005
MA - in this small test i would say there is corrolation -so i will start plotting my A&D with positive or negative pivot points and test there movement patterns on LARGER time frames (30 min and higher )
:when you cheat -you only cheat yourself
refer to post # 470 & 527 & 930
option traders refer to post 996 thru 1005
I'm not following you on the positive and negative A/D for a given day. Can you explain that a bit? Also, if the day is positive on the A/D, what does that mean? Just that there were more advancers vs decliners that day?
Allistah - i used 3 ave range size - for 3 days consecutively - in a pivot calculator- high _ close _ low
so if i had 3 numbers for 3 day
neg 1101.63
neg 1027.26
pos 68.19
the 68.19 was the high due to being the only positive number
the neg 1101.63 we the low
and 1027.26 was used as the close -
all i was looking for was any sign of telling movement direction -
so if the # showed up as a positve or above 0(zero) i was looking for and up day the following day -if the # showed up negative ,i was looking for a down day the following day -
i am just testing and idea , that you brought to my attention -i will watch this over time - and see if it will provide us any direction help at your entry points on your weekly trades -
do i think it will be or expect it to be 100% accurate - not on my life -
just testing a theory on a thought
hope this helps
if not please detail and area of question and i will try and clarify
:when you cheat -you only cheat yourself
refer to post # 470 & 527 & 930
option traders refer to post 996 thru 1005
We were questioned today as why we were not posting as often - well my summer typer has gone back to school and my wife is charting ,as we are looking for sweet cherry pick trades do to the flatness of the es - we did reneter our 30 min swing trade this week after the the 30 min posted 5 reversals in 4 hours and 15 min - i figured that was a good shake out - will post the chart after 1 pm friday -
also am curious as to where aapl will close tommorow -
:when you cheat -you only cheat yourself
refer to post # 470 & 527 & 930
option traders refer to post 996 thru 1005
the trade hit our shorting zone by 44 cents up at 682.66 and closed in our projected range of 660(purple line)and the trade objective of 670 or above - we gave the long trade a winning % of 27 % and the short trade on the weekly of 73 % winning chance -the long had to close above 670 and the short below --
of coures the near perfect short was also premarket and most would have never got that entry -
:when you cheat -you only cheat yourself
refer to post # 470 & 527 & 930
option traders refer to post 996 thru 1005
POSITION is up currently 62 % in 7 weeks - i used good judgement i hope in flattening todays move at 1429 even though our long term target is at the 1443 level -
10k start sitting at 16200
:when you cheat -you only cheat yourself
refer to post # 470 & 527 & 930
option traders refer to post 996 thru 1005
The following user says Thank You to creekboy for this post:
i am a little excited today over this move after as flat as we have been - here is a larger view of future projections -notice the tricross (orange ) that came into play today -
:when you cheat -you only cheat yourself
refer to post # 470 & 527 & 930
option traders refer to post 996 thru 1005
well i took my first full stop out friday - i signed on to top step trader , and 1 of the criteria is no stop out / blocked trading in the trial period - well on the very first day i was blocked from trading.
I should have spent more time learning the platform - I was very happy with there MIT button -market if touched ,
but the problem was at the combo of A/oco -auto 1 cancels other , combined with the MIT, i did not know that when you combined these 2 trading accesses that it voided the flatten button , thus i always run and outside edge for a stop but bail the second it violates my real level .
so trading a 3 lot did not last long(500-block-loss) - so i switched to the sim and burried it with the same mistakes to the tune of 2200 sim dollars - this was by 8:30 am est -all the while trying to figure out why this ladder wont work -
so enters my wife - i show her what is going on and she says try and removing all the stop and target trades and see if it works -thus the flatten button worked after removing all the safe guards ,but who has time to remove all the other items even if its just 1 more click in front of the most important click ,like i said i should have spent more time learning there setup,
so we reversed our luck and by 12:20 est were were back to being down 187.50 flipping 3 lot trades -
that concluded our day -however if there are any traders going over to test yourself at topstep -please pay attention to this message -I am going to complete the last 9 days just to see now how my statistics look for time and win and lose ratio -6-E your still my favorite animal
:when you cheat -you only cheat yourself
refer to post # 470 & 527 & 930
option traders refer to post 996 thru 1005
The following 2 users say Thank You to creekboy for this post:
thanks T - yes i was quite embarrassed over my failure -they must have it setup that way for a reason - i just dont know what it could be - i will post my stats when completed
:when you cheat -you only cheat yourself
refer to post # 470 & 527 & 930
option traders refer to post 996 thru 1005
The following user says Thank You to creekboy for this post:
This journal is temporary because it will document my experience in the Top Step Trader 20 Day Combine. I've done the combine before without success, but am feeling confident that I can succeed this time around.
giant system test completed this week - please refer to post 778 on july 23rd 2012
you will see a system generated # of 1690.52130-
whats in a number remove fed day 9/13 and all commons 1 and 0 leaves 652 remaining -we were looking for a market peak of (14)65.2 and a exit point of (14)62.5 -
we ended this months contract with 38.50 points
if you look at the 1690.52130 there are 3 numbers not used 4-7-8 we oppted to have a reversal sitting at (14) 74 -
which hit to 3 ticks thus (14)74.80-
its always nice when a plan comes together
total for the week 53.50 points leaving our system up 2675 for the week with a total of 8875 for 8 weeks
or 10 k has turned into 18,875 - we still have and additional 8 points in play with our short from 74
currently up 88.75 % in 8 weeks
:when you cheat -you only cheat yourself
refer to post # 470 & 527 & 930
option traders refer to post 996 thru 1005
The following 3 users say Thank You to creekboy for this post:
i was sharing some time with a futures.io (formerly BMT) member this weekend explaining the value of using 2 charts for entry lineup and potential exits - I have been quiet on here as the market has been very quiet -but today we got a really nice setup off the top area of 1456.25 and had a sweet ride down for nearly 18 points -
notice on the 3 min chart - the 50% fib markers at each candle - we stayed in the short position as we never really had and uptrend reversal of our 50% (purple) blockers -it allowed us to manage the trade till we had a steep sell off down to the 36 area
:when you cheat -you only cheat yourself
refer to post # 470 & 527 & 930
option traders refer to post 996 thru 1005
The following 3 users say Thank You to creekboy for this post:
ES - tally week ending 10/5/2012
we added 24 more points today for a total of $1200
giving us and 11 week total of $28075 from our 10 k start = 180%
i flatten today as i wont be able to monitor sunday evening =better safe than sorry .
we will increase to 3 contracts when 31,500 is passed
:when you cheat -you only cheat yourself
refer to post # 470 & 527 & 930
option traders refer to post 996 thru 1005
The following 3 users say Thank You to creekboy for this post:
NQ-we have accepted a friends account to trade the NQ- we will update this every so often -here is last weeks totals and 1 trade of the week off the EES(easy-edge-system)
we = my wife(nystateofmind) and myself -f16 is back at school -
i love the bank institution cmt fund -as if any of them could pull off our returns it would be a miracle -if i would ever become involved with any of those mike i would not be able to post here do to conflict areas i am sure - but the institution i find the funniest ,as many of us probably would be institutionalized as crazy as this market can drive 1 at times - heres my guess burried in this ramble of thoughts - november 3rd es 1349 -i am sure i made a mistake by not taking that 1464 shorting area -even with a 15 point stop on my 30 min es trade it seems quite safe at these levels , time will tell and thanks for the concern BigMike
:when you cheat -you only cheat yourself
refer to post # 470 & 527 & 930
option traders refer to post 996 thru 1005
The following user says Thank You to creekboy for this post:
found the edge - was long 20.25 with a stop at 17.25 -reduced at 25 and rode the rest -added at 17.50 -here is the partial trade blotter on the edge add-on
Limit
2717.5
2
Filled
reduced @23.50
:when you cheat -you only cheat yourself
refer to post # 470 & 527 & 930
option traders refer to post 996 thru 1005
[SIZE="5"]ES update 30 min ees trade for 10/12/2012[/SIZE
this makes the 12 week or 3 months we have ran this pattern -we gained 21.5 points per contract for 43 points for the week -
last weeks total of 28 k plus 2150 for this week gives us $30,150 . we have now tripled our starting point in 12 weeks -
i generally dont trade the next 5 months full time , so i will stop this here .
will most likely restart this in feb /mar 2013-
:when you cheat -you only cheat yourself
refer to post # 470 & 527 & 930
option traders refer to post 996 thru 1005
The following 4 users say Thank You to creekboy for this post:
Hi - thanks for the question -yes we are off till april / may of 2013 -at which time i will be in search of a new training partner - have a nice holiday season - if anyone is in LBI -you can look me up there shortly at 5505 ocean blvd -will be helping out some friends
:when you cheat -you only cheat yourself
refer to post # 470 & 527 & 930
option traders refer to post 996 thru 1005
The following user says Thank You to creekboy for this post:
if anyone is interested -we can skype trade tuesday Feb 19th -i will share my screen -and you can watch or play along - just looking for 1 slightly new trader -thankyou
we will be short hop trading -small moves -so you can understand to stay on the correct side of the trend
creekboy111 on skype
:when you cheat -you only cheat yourself
refer to post # 470 & 527 & 930
option traders refer to post 996 thru 1005
The following user says Thank You to creekboy for this post:
I have been a member of futures.io (formerly BMT) for 76 days according to the notice that I keep getting at the top of the forums, since I have not posted. I finally decided that this is where I should put my first post since this seems to be where I have been spending the most time reading. My apologies for being a lurker, but I wanted to spend enough time reading through this before I started asking dumb questions that were answered already. I must say that this journal has intrigued me and although I'm not sure that I truly understand the methodology here, I can't seem to stay away. Creek, thanks for sharing and thanks for your diligence in keeping this going. I will continue to pour over the pages here to better understand and I'll add some questions and input when I feel I have something to contribute.
Thanks,
PJ
The following user says Thank You to pjtrades for this post:
if anyone is interested -we can skype trade wed Feb 20th -i will share my screen -and you can watch or play along - just looking for 1 slightly new trader -thankyou
we will be short hop trading -small moves -so you can understand to stay on the correct side of the trend
creekboy111 on skype
:when you cheat -you only cheat yourself
refer to post # 470 & 527 & 930
option traders refer to post 996 thru 1005
Creek, I was going to post my first chart for your review, but I found that I can't post with an attachment until i have at least 5 posts here at futures.io (formerly BMT). I guess I will have to wait until I post a few more times. Anyway, I followed the 6E today and marked up a chart according to what I have learned here so far. I like how it worked for me and I will continue to work on it. I did save the chart and I will post it and a few more as soon as I can. Thanks!
Okay, I am confused. I thought it wouldn't let me post with an attachment, but it looks like it posted my attachment after all. Anyway, here is what I had originally written for this post:
I would like some feedback on my attached chart. I am looking at the 6E from today. I still am relatively new to your methodology here and this is just basic stuff like from the early posts of your journal. I know there are some more advanced things covered in later posts, like trendlines off of trendlines, but I just want to start at the beginning and see if I am clear on this much.
I am using a 400 tick chart and I chose to use the 55/144 moving averages.
I have marked up the chart accordingly:
The little blue diamonds are marking the reference points where I determine the midpoint between moving averages to draw my trendlines.
The red arrows are my entries (red arrow=short)
The green trendline and green horizontal line are connected - they are taken from the first diamond, which is my first low after the MA cross.
The blue trendline and blue horizontal line are connected - they are taken from the second diamond, which is a new low that was put it.
Thanks for your time,
The following user says Thank You to pjtrades for this post:
pj -your assesment -is right on -its my belief that you understand what your seeing- watch the breakout trades off the first trendline off the first low -you see how price stacked up and then popped the trendline
:when you cheat -you only cheat yourself
refer to post # 470 & 527 & 930
option traders refer to post 996 thru 1005
if anyone is interested -we can skype trade thur Feb 21th -i will share my screen -and you can watch or play along - just looking for 1 slightly new trader -thankyou
we will be short hop trading -small moves -so you can understand to stay on the correct side of the trend
creekboy111 on skype
:when you cheat -you only cheat yourself
refer to post # 470 & 527 & 930
option traders refer to post 996 thru 1005
The following user says Thank You to creekboy for this post:
Thank you for all of your posts. I began from the beginning and read about 25 pages and have subsequently jumped towards the end (Please forgive me, but wanted to see what was happening)
I have a few questions:
1. I see that you are now using 3 ma's together. Do you wait for the 3 of them to cross then plot the t/l?
2. How long do you keep the t/l on the chart for?
3. With regard to entry, are you looking for either a break through the t/l or a test and then a continuation to the same direction? What is it dependent upon?
4. Will you be doing another skype trading day anytime soon?
Sorry for the rather simple questions but am just a beginner.
Thank you,
David
The following user says Thank You to Drd13 for this post:
1- there are 2 ma,s and a fib/balance line that the trend line follows,the plotting starts on the lower or upper cross of the ma,s and the trendline stops on the high or low point of the center balance line
2- it can be remeoved at any time ,unless your looking for cluster areas
3- watchin for continuation ,or a break with the last high or low being the risk
:when you cheat -you only cheat yourself
refer to post # 470 & 527 & 930
option traders refer to post 996 thru 1005
NQ - i dont recall ,i adjust them every 10 days or so , if i have a couple of weak days i start looking for the adjustment, did you try blowing the pic up to see, also what is the post # for that day and time.
thansk
:when you cheat -you only cheat yourself
refer to post # 470 & 527 & 930
option traders refer to post 996 thru 1005
same setup as post 1188 above ,as each new high volume bar sets the new level will adjust , you can then draw your stop up under for long or above for short of that price level ,
:when you cheat -you only cheat yourself
refer to post # 470 & 527 & 930
option traders refer to post 996 thru 1005
How are you avoiding entries in the chop around those MA crosses?
answer -when trading a system pattern i have to take all trades, if only taking the 1's that look safe ,i am using the volume price level to determine if i am long or short ,basically if i get a long signal above a price volume line i am more confident with the long -if i get a short signal below the price volume line i am more confident in the short ,so if i get a short signal above the price volume line i am going to hold my long a while longer untill it breaks the line to go short ;
That is what gets me. There is always 3-4 bad trades and 1-2 really good trades. If I happen to hit a bad trade first (or even worse, 2 in a row) it pretty much destroy's my confidence in the entry.
answer , pay attention to the answer above ,when trading a system there is no 100% winners ,but your losers have a controled loss limit as it is usually the next opposite signal
I just want to master 1 setup and execute it 1-2x's per day.
answer ,then study the price volume line in conjunction with a balance line ,and wait your turn
how are you using volume to qualify your entries? Is that your filter to avoid the poor trades?
answer -i hope this is explained above -if not please let me know where more detail is needed-
So many questions, I so badly want to find that place where I have confidence in my entries.
:when you cheat -you only cheat yourself
refer to post # 470 & 527 & 930
option traders refer to post 996 thru 1005
The following user says Thank You to creekboy for this post:
CL pattern that started wed afternoon -
note the blue boxes -these are price expansions past the balance line ,all the boxes are the same size ,i am wondering if it can be coded to exit these areas ,when trading say 3 contracts ,that when and expansion zone is hit ,that 1 or 2 are sold and the last 1 is left to run to the valley or hill tops ,just looking ahead
note this pattern on 4 contracts produced over 3 k in profit
:when you cheat -you only cheat yourself
refer to post # 470 & 527 & 930
option traders refer to post 996 thru 1005
The following user says Thank You to creekboy for this post:
for anyone trying to match these average lines to there charts -they are adjusted every 2 hours through out the trading day ,so what you see now will not be the same by 8 am monday and then again 10 am monday and so on ,
create your own working pattern for your style and system of trading -
look at just the tick variables that can be traded now ,the patterns are endless
:when you cheat -you only cheat yourself
refer to post # 470 & 527 & 930
option traders refer to post 996 thru 1005
Thanks! Can you pls explain what the price volume line is? (is it the overlapped volume on the chart relative to the where the price bar/candle closes) ?
Also, how do you come up with different tick settings for different instruments?
the candle that lines up with it ,take base in and uptrend and use it as your price volume line ,you will notice i use the body of the candle ,no tails ,just my preference ,and reverse on down trend
ticks are ramdomly picked ,then system dials in best case profit scenario
:when you cheat -you only cheat yourself
refer to post # 470 & 527 & 930
option traders refer to post 996 thru 1005
I have been testing the pattern on TST ,i will need to pass the the combin as we have and 18 year old that will be graduating ,and if i can show what is needed to pass properly ,then she will have a decent job come july
:when you cheat -you only cheat yourself
refer to post # 470 & 527 & 930
option traders refer to post 996 thru 1005
The following user says Thank You to creekboy for this post:
the importance of a plan -
often times when i talk or share charts with another trader -i will reverse a trade pattern to show them all the errors 1 could make
1- i have a long signal -but i took a short
2- added to the short -now have 11 contracts invested
3 -exited 6 contratcs at break/even plus 93 dollars ,but like that comercial on TV we want more ,so holding 5
4-down now nearly 3k for wanting more and added the 6 back in at the guessed peak of this move
:when you cheat -you only cheat yourself
refer to post # 470 & 527 & 930
option traders refer to post 996 thru 1005
The following user says Thank You to creekboy for this post:
I didn't even want to try that T4 gag.... 
