Well..........-2 for the day.......very frustrating.........it was a bad start for CL as it was gyrating at the open of the indexes........a stop out and the stop and reverse stopped out.........but.......opened my targets and made it back (well except for 2 ticks)
The second to last trade was more of a Ross Hook deal......it hit my extended target of +16 but did not fill me....so I closed the trade at +8+8......of course then it made a new low.......
I'm just happy today did not end up being a big loser.......with such a terrible start.......I try to put both winners and losers behind me and just look for my next set up........I know my edge will work......I just have to let it.
The following 5 users say Thank You to Jeff Castille for this post:
Yes Emini Holy Grail, they are all 1-contract trades with PT/SL @12 and 25 respectively. Use the entry bar (yellow inside bar) to determine SL adjustment when the trade does not look good anymore.
Jeff is trading 2 contracts with PTs @8 and 16 (2nd contract has BE+1 @8 ticks I believe). Jeff, will you please confirm to Emini Holy Grail if I get your trade management strategies wrong. Thank you.
This LIVE Real-time video of my trade taken @ 8:15pm(GMT+1), is normally posted to my Diary thread; but I want to share it with THREE SET UPS thread viewers. This is the second trade I made after the one in my post #317.
Is this a combination of INSIDE BAR and OUTSIDE BAR ?
Lolu
The following user says Thank You to lolu for this post:
Can you help me understand the first trade you show (+120 long; -160 short) were you trading the outside bar (in blue) or the inside bar (in yellow) for these 2 trades? I don't doubt your results just trying to understand what the chart is showing me. Thanks for sharing.
I have 2 Inside Bar strategies (one for Long and one for Short) running. For the first Yellow bar upon its completion, there were 2 Stop orders waiting (Buy Stop @75.91 and Sell Stop @75.72). Buy Stop was first filled and stopped out @16 ticks. Then Sell Stop was filled (I let it run as a reversal trade) and 12 ticks PT reached.
Note: I missed cancelling the Sell Stop order (thought NJ would do that for me as it did yesterday).
Hope the above will clear the air a little. Sorry for the confusion caused.
Beth
The following user says Thank You to wgreenie for this post: