NexusFi: Find Your Edge


Home Menu

 





THREE SET UPS


Discussion in Trading Journals

Updated
      Top Posters
    1. looks_one Jeff Castille with 215 posts (430 thanks)
    2. looks_two cunparis with 146 posts (154 thanks)
    3. looks_3 shodson with 125 posts (211 thanks)
    4. looks_4 Fat Tails with 73 posts (189 thanks)
      Best Posters
    1. looks_one Fat Tails with 2.6 thanks per post
    2. looks_two Jeff Castille with 2 thanks per post
    3. looks_3 shodson with 1.7 thanks per post
    4. looks_4 cunparis with 1.1 thanks per post
    1. trending_up 252,656 views
    2. thumb_up 1,369 thanks given
    3. group 124 followers
    1. forum 1,073 posts
    2. attach_file 239 attachments




 
Search this Thread

THREE SET UPS

  #411 (permalink)
 
cory's Avatar
 cory 
virginia
 
Experience: Intermediate
Platform: ninja
Trading: NQ
Posts: 6,098 since Jun 2009
Thanks Given: 877
Thanks Received: 8,090


Fat Tails View Post
. I just saw that there is one new copy of his book left at Amazon, selling for USD 1,293.18 - go and buy it.

on other hand, the electronic version of the book is widely available on multiple sites.

Reply With Quote

Can you help answer these questions
from other members on NexusFi?
ZombieSqueeze
Platforms and Indicators
Exit Strategy
NinjaTrader
Online prop firm The Funded Trader (TFT) going under?
Traders Hideout
Deepmoney LLM
Elite Quantitative GenAI/LLM
My NT8 Volume Profile Split by Asian/Euro/Open
NinjaTrader
 
Best Threads (Most Thanked)
in the last 7 days on NexusFi
Get funded firms 2023/2024 - Any recommendations or word …
60 thanks
Funded Trader platforms
37 thanks
NexusFi site changelog and issues/problem reporting
24 thanks
GFIs1 1 DAX trade per day journal
22 thanks
The Program
19 thanks
  #412 (permalink)
 
cunparis's Avatar
 cunparis 
Paris, France
 
Experience: Advanced
Platform: Market Delta & Ninjatrader
Trading: ES
Posts: 2,565 since Jun 2009
Thanks Given: 1,162
Thanks Received: 2,093

stopped out at the top of the pullback on the 2nd IB trade. I hate it when that happens.


Follow me on Twitter Reply With Quote
  #413 (permalink)
 
Fat Tails's Avatar
 Fat Tails 
Berlin, Europe
Market Wizard
 
Experience: Advanced
Platform: NinjaTrader, MultiCharts
Broker: Interactive Brokers
Trading: Keyboard
Posts: 9,888 since Mar 2010
Thanks Given: 4,242
Thanks Received: 27,102


Did not want to promote illegal downloads from servers located in rogue states, just wanted to let everybody know that the book is worth reading. Of course you can process this information in any way that you think is appropriate.


cory View Post
on other hand, the electronic version of the book is widely available on multiple sites.


Reply With Quote
  #414 (permalink)
 
Jeff Castille's Avatar
 Jeff Castille 
Northern California
 
Experience: Intermediate
Platform: Ninja Trader
Broker: Amp Futures/ Zen-Fire
Trading: YM and CL
Posts: 2,109 since Jun 2009
Thanks Given: 1,783
Thanks Received: 3,303

Just two trades today for +33.

Attached Thumbnails
Click image for larger version

Name:	CL 08-10  7_6_2010 (15 Min).jpg
Views:	333
Size:	113.6 KB
ID:	16550  
Follow me on Twitter Started this thread Reply With Quote
  #415 (permalink)
 vegasfoster 
las vegas
 
Experience: Intermediate
Platform: Sierra Chart
Broker: Velocity/IB
Trading: 6E
Posts: 1,145 since Feb 2010
Thanks Given: 304
Thanks Received: 844


cunparis View Post
I couldn't resist this one, even after news. FBO to the downside made an outside bar setup.



Can I ask what broker you are using? I still haven't switched nt over to mirus/zen and on my IB data feed during the day it didn't plot as a ib/ob, but when I load the charts now it does.

Reply With Quote
  #416 (permalink)
 wgreenie 
Cambridge, Ontario
 
Experience: Intermediate
Platform: NinjaTrader
Broker: Zen-Fire
Trading: 6E
Posts: 1,778 since Dec 2009
Thanks Given: 1,258
Thanks Received: 1,203

I sim-traded both Inside Bar strategies on 6E this morning between 9:00 am and 11:00 am. 3 out of 3 winning trades (1 short and 2 long) with PT/SL @12 and 20. No manual management and just let them run on my laptop (using IB data feed).

Just did market replay to see if the results match the sim-trade ones. Surprise surprise .. they did!

Beth

Attached Thumbnails
Click image for larger version

Name:	6E Inside Bar Trades 6 Jul.jpg
Views:	298
Size:	120.5 KB
ID:	16573  
Visit my NexusFi Trade Journal Reply With Quote
Thanked by:
  #417 (permalink)
 
cunparis's Avatar
 cunparis 
Paris, France
 
Experience: Advanced
Platform: Market Delta & Ninjatrader
Trading: ES
Posts: 2,565 since Jun 2009
Thanks Given: 1,162
Thanks Received: 2,093


vegasfoster View Post
Can I ask what broker you are using? I still haven't switched nt over to mirus/zen and on my IB data feed during the day it didn't plot as a ib/ob, but when I load the charts now it does.

I use IQFeed & Zenfire (Mirus). I'm not sure exactly what's going on but I connect to IQ first because I want their data first. But I don't have market depth so the DOM data comes from Zenfire.

IB should be ok for minute charts but for tick charts it is no good.

You can get iqfeed very cheaply with the exchange fee waiver. You pay the basic rate which is $60/month and get globex data for free if your broker qualifies (not sure about IB but Mirus does).

Follow me on Twitter Reply With Quote
Thanked by:
  #418 (permalink)
 wgreenie 
Cambridge, Ontario
 
Experience: Intermediate
Platform: NinjaTrader
Broker: Zen-Fire
Trading: 6E
Posts: 1,778 since Dec 2009
Thanks Given: 1,258
Thanks Received: 1,203


vegasfoster View Post
Can I ask what broker you are using? I still haven't switched nt over to mirus/zen and on my IB data feed during the day it didn't plot as a ib/ob, but when I load the charts now it does.

Hi Vegasfoster

I have been using IB to sim trade some of my strategies mostly in the morning between 9:00 am and 12:00 noon. For example,

YM 5 minutes
ES 15 minutes
CL 15 minutes (using Reversal template)
6E 15 minutes (using Reversal template)

They're performing normal and the Reversal ones have the colored bars. Since I do not subscribe to NQ/TF, I cannot chart them. You may want to check your market data subscription.

Beth

Visit my NexusFi Trade Journal Reply With Quote
Thanked by:
  #419 (permalink)
 xevian 
Toronto
 
Experience: Beginner
Platform: Multicharts, NT, TWS
Broker: IB
Trading: ES, ZN
Posts: 33 since May 2010
Thanks Given: 18
Thanks Received: 17

Thanks Jeff for sharing this setup.
I read all the posts last night and tried the inside bar setup with 2 paper trades with CL as a tester. Although I wouldn’t normally trade overnight I was itching to see it in action. I achieved a profit of +48 between 11pm and 12.15am EST and +28 this morning.
From my understanding of the entry, it’s taken immediately after the close of the inside setup bar, in the direction of the opening of the entry bar? I.e. if the entry bar immediately turns bullish then I would place a SL order above the inside bar? I hope that makes some sense.

Reply With Quote
  #420 (permalink)
 
Fat Tails's Avatar
 Fat Tails 
Berlin, Europe
Market Wizard
 
Experience: Advanced
Platform: NinjaTrader, MultiCharts
Broker: Interactive Brokers
Trading: Keyboard
Posts: 9,888 since Mar 2010
Thanks Given: 4,242
Thanks Received: 27,102


Hi Beth,

you can use IB data to chart them. I don't think a separate subscription of those is necessary.


wgreenie View Post

Since I do not subscribe to NQ/TF, I cannot chart them. You may want to check your market data subscription.

Beth


Reply With Quote




Last Updated on May 15, 2014


© 2024 NexusFi™, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
All information is for educational use only and is not investment advice. There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Privacy Policy - Downloads - Top
no new posts