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THREE SET UPS
Updated May 15, 2014
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#561 (permalink )
Cambridge, Ontario
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Jeff Castille
Hi Beth,
All of the three set ups trade today were winners (3 inside bars and 1
outside bar ).........what is the loser you are refering to?
Hi Jeff
The second long @76.98 (around 10:00 am) did not work out for PT 12. SL 16 got hit (filled at 14). I got lucky for my real Long trade PT 8 (just made it)!
Beth
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#562 (permalink )
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I forgot the rule about not trading before crude inventory report.
-5 for me. Will not forget next time.
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#563 (permalink )
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can anyone provide a chart template for this? I don't know what to do with the: REVERSALS WITH VOLUME.xml
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#564 (permalink )
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futurestrader1
That is the template.
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#565 (permalink )
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-26 +24 +24 ==> +22 on CL
-5 on 6E
Don't have my charts in front of me now but I saw the charts on the morning action.
On 6E it went long about 1+hr after the London open but then 2am hit and the strat closes all positions after trading time ends (I only trade the first 2hrs) so it closed out the position for a 5 tick loss. Good thing as the market roared down after that for what would have been a full stop loss. This prompts me to look into time stops more.
On CL took the first IB and it didn't go far enough. Then came news, and we got an inside bar right in front of news. I though "ah, that would have been a winner" as it shot up after news but, oh well, it was following my rules. But then once it came out of news, and was above the IB from 30mins ago it went long, an unintended trade as I didn't want it to take IB breakouts more than 1 bar after the IB. This time though the gaffe was profitable as it turned out to be a nice winner. It took another short trade in the afternoon for a winner.
I'll post charts later but here's my txns from Mirus/RCG...
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futurestrader1
save it to your ninjatrader chart templates directory (in documents folder). then create a new chart and select this template.
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#567 (permalink )
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This was a beautiful 1-2-3 reversal off the bottom.
I recommend reading all the Trader Vic and Joe Ross you can !!
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#568 (permalink )
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Jeff Castille
This was a beautiful 1-2-3 reversal off the bottom.
I recommend reading all the Trader Vic and Joe Ross you can !!
I thought about shorting that 9am bar, that looked pretty juicy, but I couldn't stay around to babysit it so I didn't.
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#569 (permalink )
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Take your Pips , go out and Live .
Luke.
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#570 (permalink )
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shodson
-26 +24 +24 ==> +22 on CL
-5 on 6E
On 6E it went long about 1+hr after the London open but then 2am hit and the strat closes all positions after trading time ends (I only trade the first 2hrs) so it closed out the position for a 5 tick loss. Good thing as the market roared down after that for what would have been a full stop loss. This prompts me to look into time stops more.
On CL took the first IB and it didn't go far enough. Then came news, and we got an
inside bar right in front of news. I though "ah, that would have been a winner" as it shot up after news but, oh well, it was following my rules. But then once it came out of news, and was above the IB from 30mins ago it went long, an unintended trade as I didn't want it to take IB
breakouts more than 1 bar after the IB. This time though the gaffe was profitable as it turned out to be a nice winner. It took another short trade in the afternoon for a winner.
I'll post charts later...
Last Updated on May 15, 2014
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