Wow has it been almost two years since this thread!!! You had to do some digging to find this.
No I am not using those charts anymore. I was a very new trader when this was originally posted and even though the logic was sound... I was not mentally or psychologically ready to trade that way with real $$$. As most traders know when it gets choppy it will eat up your account very quickly. That wasn't the only reason I wasn't using it though.....I was way too distracted looking for the "Grail" on this forum. Wow there were just too many new ideas too play with.
I know when I joined I was looking for the answers to successful trading. I had just funded an acct and joined an unnamed trading room......anyone want to guess what happens next......how fast did that money go out of my acct and into someone else acct...yea I was dead money. But I knew if I stuck with it I would get it.... so two years later this is how I am trading now.
I am still trading ZN, 10yr notes, but I have added ZB, 30yr bonds, and ZF 5 yr notes. to my charts. I use 5 min. and 15 min charts.
Here is a shot of my 5 min chart:
The indicators are
EMA 3 period with 3 displacement
StepMaV71Sharky with default settings
anaCurrentdayOHLV32 with fibs turned off and high and low set to transparent. I just use the open and mid.
I set my session manager to the bonds & notes pit
open and close@ 8:20 am EST
and 3:00 pm EST respectively.
My 15 minute chart have the same indicators but I have the three instruments as separate charts.
Here is the screen shot
I have added to the 15 min:
trailing stop with default settings for trend and trend changes
Gordo's AaMACD with default setting ( I am not smart enough to know what to change them to anyway
You could use different oscillators if you like.... I just like the way Gordos works for me.
Here is how I trade my charts.
My simple setup for longs
5 minute chart:
Price on all three instruments above the PP
Price on all three instruments above their respective pit opens
Price on all three instruments above the StepMa ...actually the last instrument to cross above and close above the StepMa is the entry
confirmation of uptrend with AaMACD
Price above ATR trailing stop.
I enter with three contracts
on the last instrument that closes and meets the criteria. Depending on the different instrument is how my targets are set:
1st target @ 2ticks once filled the other two contracts are moved to BE
2nd target @ 5 ticks
with either R1, R2 or R3 as targets or until it closes below StepMa
ZN 4 ticks, 6 ticks, runner
ZF 6 ticks, 10 ticks, runner
Shorts will be just the opposite ...of course
These are just some simple rules to what I am trading now. There are many different scenerios that occur and make this more discretionary trading. As I come up with different scenerios I will try and post how I traded it!
Sorry I am not the best in writing these things and I am sure there are questions and I will try and explain as best as possible.
Thanks for reading!