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THREE SET UPS
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Created: by Jeff Castille Attachments:243

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THREE SET UPS

  #441 (permalink)
Just a boy
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Jeff Castille View Post
Today was an awesome day +142.

I started the resumption of my contiuation trades ( using the 50 cci on a 15 min chart) to compliment the reversals.........

However......I did break the rules and took one lunch time trade.


Jeff, sorry if you have answered this elsewhere (trying to look at this at work and Internet very slow) - what period is your MA/Trendline on this chart.

Any reason in particular that you did NOT take the IB short at 8.45am your time?

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  #442 (permalink)
Trade with the flow
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Jeff Castille View Post
This is the chart that I was using for the continuation trades.

Can you describe your CCI setup?

Shodson - have you backtested on a 5min chart? I have backtested smaller timeframes and found they were not as profitable as the 15min.

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  #443 (permalink)
Elite Member
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steve2222 View Post
Jeff, sorry if you have answered this elsewhere (trying to look at this at work and Internet very slow) - what period is your MA/Trendline on this chart.

Any reason in particular that you did NOT take the IB short at 8.45am your time?

Hi Steve,

That is a 50 SMA......the reason that I did not take the IB at 8:45 is......the market was moving very slow.....it didn't seem to want to go down.....it was just before lunch and I didn't was to screw up what had been a very good morning.

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  #444 (permalink)
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cunparis View Post
Can you describe your CCI setup?

Shodson - have you backtested on a 5min chart? I have backtested smaller timeframes and found they were not as profitable as the 15min.

Hey Cunparis,

I'll post the CCI answer in the Jeffs CCI thread.

Also, I agree with you.......the three set ups do not work as well on smaller time frames.....I'm liking the 15 minute.

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  #445 (permalink)
Trade with the flow
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Here's mine, +15 total (I put +13, that's after commissions).

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  #446 (permalink)
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cunparis View Post
Here's mine, +15 total (I put +13, that's after commissions).

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That loser is why I don't trade before the inventory report. See wgreenie thread......post #681

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  #447 (permalink)
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CL Inside Bar Trades 9:00 am to 12:00 noon and 1:00 pm to 2:15 pm

Strategies (not real traders) don't listen to Jeff's advice (ie no trading until release of the report) ... Oh, I did!

2 Short trades (1 loser and 1 winner)
2 Long trades (both winners)

Total $210 before commission

All 1-contract trades with PT/SL @12 and 16 (No BE/Trail).

Beth

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  #448 (permalink)
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Todays CL trades

+43 today......three trades.......no trading before oil inventory report is released....as usual.

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  #449 (permalink)
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I got +30. I lost 54 ticks on the 2nd trade, before the inventory reports. I have a 15 minute pre/post news window but the trade fired 20-25 minutes before the news. How much time in front of news do you avoid trading Jeff? Also, I didn't take the reversal (going long on the short trade failure) like cunparis did because it was inside of my news window and I don't have stop and reverse capabilities coded in the strat and I'm not sure if I want to do that with the potential of taking 2 consecutive losses on the same inside bar.

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The news release bar was an awesome outside bar: the initial impulse was up, then it broke down big time. I watched the DOM as it came out, pretty amazing to watch how the spreads widened so quickly and how violently it moved.

After looking at my trades on a 5min chart all 3 winners were with-trend and my 1 loser was counter-trend, making me more interested in researching the possibilities of only trading with-trend breakouts.

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  #450 (permalink)
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shodson View Post
I got +30. I lost 54 ticks on the 2nd trade, before the inventory reports. I have a 15 minute pre/post news window but the trade fired 20-25 minutes before the news. How much time in front of news do you avoid trading Jeff? Also, I didn't take the reversal (going long on the short trade failure) like cunparis did because it was inside of my news window and I don't have stop and reverse capabilities coded in the strat and I'm not sure if I want to do that with the potential of taking 2 consecutive losses on the same inside bar.

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).


The news release bar was an awesome outside bar: the initial impulse was up, then it broke down big time. I watched the DOM as it came out, pretty amazing to watch how the spreads widened so quickly and how violently it moved.

After looking at my trades on a 5min chart all 3 winners were with-trend and my 1 loser was counter-trend, making me more interested in researching the possibilities of only trading with-trend breakouts.

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).

Hey Shodson,

I'm glad you got "green"........see post #346.........about oil inventory day.

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