Algorithmic's CL journal

algorithmic · (login for full post details)

here is my trading journal on CL . i will add each post with a chart and also a short description on entry and exit points plotted by Ninjatrader .

algorithmic · (login for full post details)

this was a long position on CL,so far it was capable of generating +32 points .even if declines i've moved stop loss to entry point and worst scenario is break even.

algorithmic · (login for full post details)

regarding previous post, the trade was closed with +43 points.another trade in the noon yields to -6 points which leads to +37 points of net profit.

algorithmic · (login for full post details)

another trade which yeilds to +65 points of profit. so today i had 3 setups :-6 / +43 / +65 which result in net +100 points

algorithmic · (login for full post details)

NJAMC · (login for full post details)

What are your entry/exit criteria?

Big Mike · (login for full post details)

algorithmic

another trade which yeilds to +65 points of profit. so today i had 3 setups :-6 / +43 / +65 which result in net +100 points

You mean ticks, not points.

Mike

algorithmic · (login for full post details)

NJAMC

What are your entry/exit criteria?

i use multiple factors such as an- self made- volume based indicator and price action as well as other combined methods .i have less than 50% win rate (usually 40%) but my winning positions are much larger than my loss .also i ignore lots of setup and only trade those who fit to "1% of equity risking" criteria.so on average i have 3-4 positions per day. i will post every trade -whether loss or win- here .

algorithmic · (login for full post details)

Big Mike

You mean ticks, not points.

Mike

Thanks for correcting me @Big Mike , i meant ticks which each tick's value is 10$ in CL.to be honest after these years i still thought they have same meaning .i'm not a native speaker,so it's unavoidable sometimes

algorithmic · (login for full post details)

today i had 3 losing setups until now,it generated -25 ticks.however two out of three setups go in direction of profit at least 10 ticks(one of them went in direction of profit until 20 ticks).but they did not met profit target.

algorithmic · (login for full post details)

so, my losing trades are on average -9 ticks while my profit trades are near +50 ticks .i should have patience and tolerate losing periods

algorithmic · (login for full post details)

finally i had a setup with +46 ticks of profit . so overall ,today i had net profit of +21 ticks.

algorithmic · (login for full post details)

today results

Algorithmic's CL journal

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Algorithmic's CL journal

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