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EurUsd, Dow, Gold - two times a day
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EurUsd, Dow, Gold - two times a day

  #1 (permalink)
Trading Apprentice
Zagreb Croatia
 
Futures Experience: Advanced
Platform: Sierra Chart
Broker/Data: IB
Favorite Futures: CL GC Currency Futures
 
Posts: 45 since Jan 2016
Thanks: 15 given, 33 received

EurUsd, Dow, Gold - two times a day

Hello to all,

today I will start Journal for one of my trading systems.
This one trades 3 markets on 2 timeframes.
Timeframes used: Daily for direction and 12H for action.
Orders are placed when setup is present. Setups are based on price action. For this system total of 9 setups will be used.

Action points are 11:00 and 23:00h CET. At that time orders will be placed.
Trade management is very simple and it will be performed on Action points, not before. So, idea is to have simple system and without much of work (about 5 minutes work on each Action point).
Markets will not be checked between Action points.

Bet sizing is done in R values, and R is 1%, meaning on each trade 1% of account will be risked (difference between entry and stop loss orders)
Size for order will be calculated based on that value.
There will be no open positions over weekend and holidays.
That is all for now...during my Journaling I will add more details.

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  #2 (permalink)
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  #3 (permalink)
Trading Apprentice
Zagreb Croatia
 
Futures Experience: Advanced
Platform: Sierra Chart
Broker/Data: IB
Favorite Futures: CL GC Currency Futures
 
Posts: 45 since Jan 2016
Thanks: 15 given, 33 received


03/01/16 11:00 PM EU long@ 1.0925 stop@ 1.0853
03/01/16 11:00 PM DOW long@ 17619 stop@ 17445
03/01/16 11:00 PM GC long@ 1063.6 stop@ 1058.17

orders for entry are stop orders (stop limit)

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  #4 (permalink)
Market Wizard
Cleveland Ohio/United States
 
Futures Experience: Advanced
Platform: Tradestation
Broker/Data: various
Favorite Futures: futures
 
Posts: 2,322 since Jul 2012
Thanks: 1,092 given, 4,241 received
Forum Reputation: Legendary


Caerus View Post
Hello to all,

today I will start Journal for one of my trading systems.
This one trades 3 markets on 2 timeframes.
Timeframes used: Daily for direction and 12H for action.
Orders are placed when setup is present. Setups are based on price action. For this system total of 9 setups will be used.

Action points are 11:00 and 23:00h CET. At that time orders will be placed.
Trade management is very simple and it will be performed on Action points, not before. So, idea is to have simple system and without much of work (about 5 minutes work on each Action point).
Markets will not be checked between Action points.

Bet sizing is done in R values, and R is 1%, meaning on each trade 1% of account will be risked (difference between entry and stop loss orders)
Size for order will be calculated based on that value.
There will be no open positions over weekend and holidays.
That is all for now...during my Journaling I will add more details.

Good Luck!

Have you done any historical testing on your approach?

If you have any questions please send me a Private Message or use the futures.io "Ask Me Anything" thread
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  #5 (permalink)
Trading Apprentice
Zagreb Croatia
 
Futures Experience: Advanced
Platform: Sierra Chart
Broker/Data: IB
Favorite Futures: CL GC Currency Futures
 
Posts: 45 since Jan 2016
Thanks: 15 given, 33 received

Regarding historical testing.
Yes, I have done it..

Number of days 427
Total R return 261.24
Number of tradess 732
Number of wins 323
Number of losses 409
Strike rate 0.44
Average R win 1.87
Average R loss -0.84
Number of 1 R losses 315
Average R per trade 0.36
Number of wins above average R win 118
Max Draw in R 9.55
Duration of Max draw – trades 32
Duration of Max draw – days 19 days
R return / Max R draw 27.35
3 Cluster – wins 36
3 Cluster – losses 55
Max wins in row 6
Max losses in row 7
Percentage of new Equity peaks 14.62%
Percentage of days with new Equity peaks 25.06%

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The following user says Thank You to Caerus for this post:
 
  #6 (permalink)
Trading Apprentice
Zagreb Croatia
 
Futures Experience: Advanced
Platform: Sierra Chart
Broker/Data: IB
Favorite Futures: CL GC Currency Futures
 
Posts: 45 since Jan 2016
Thanks: 15 given, 33 received

EU and DOW orders canceled (no fill)
GC filled and long @1063.80, stop moved to entry level (just shy of 2R currently)

for this Action point:
04/01/16 11:00 AM DOW long@ 17487 stop@ 17188
as a bit too large difference between entry and stop...this will be skipped

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  #7 (permalink)
Trading Apprentice
Zagreb Croatia
 
Futures Experience: Advanced
Platform: Sierra Chart
Broker/Data: IB
Favorite Futures: CL GC Currency Futures
 
Posts: 45 since Jan 2016
Thanks: 15 given, 33 received

EurUsd and DOW no orders

on this Action point:
04/01/16 11:00 PM GC stop@ 1083.58 short@ 1070.45
for GC long, stop moved to 1070.45

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  #8 (permalink)
Trading Apprentice
Zagreb Croatia
 
Futures Experience: Advanced
Platform: Sierra Chart
Broker/Data: IB
Favorite Futures: CL GC Currency Futures
 
Posts: 45 since Jan 2016
Thanks: 15 given, 33 received

current position:

GC long closed @ 1078.10 +2.59R

orders:

05/01/16 11:00 AM DOW long@ 17245 stop@17081
05/01/16 11:00 AM GC stop@ 1079.8 sell@ 1072.77

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  #9 (permalink)
Trading Apprentice
Zagreb Croatia
 
Futures Experience: Advanced
Platform: Sierra Chart
Broker/Data: IB
Favorite Futures: CL GC Currency Futures
 
Posts: 45 since Jan 2016
Thanks: 15 given, 33 received

current position:

none

orders:

05/01/16 11:00 PM DOW long@ 17191 stop@ 17034
05/01/16 11:00 PM DOW stop@ 17191 sell@ 17034
05/01/16 11:00 PM GC long@ 1082.15 stop@ 1075.36

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  #10 (permalink)
Trading Apprentice
Zagreb Croatia
 
Futures Experience: Advanced
Platform: Sierra Chart
Broker/Data: IB
Favorite Futures: CL GC Currency Futures
 
Posts: 45 since Jan 2016
Thanks: 15 given, 33 received


current position:

short DOW @ 17030 stop@ 17191
long GOLD @ 1081.80 stop@ 1075.36

orders:

06/01/16 11:00 AM DOW long@ 17184 stop@ 16968
06/01/16 11:00 AM GC sell@ 1075.05 stop@ 1085.83

DOW is taken as CFD on IB
GC is taken as XAUUSD on IB


Last edited by Caerus; January 6th, 2016 at 05:27 AM.
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