NexusFi: Find Your Edge


Home Menu

 





Deetee’s DAX Trading Journal (time based)


Discussion in Trading Journals

Updated
      Top Posters
    1. looks_one Deetee with 421 posts (590 thanks)
    2. looks_two GFIs1 with 13 posts (23 thanks)
    3. looks_3 Schnook with 9 posts (23 thanks)
    4. looks_4 Miesto with 7 posts (14 thanks)
      Best Posters
    1. looks_one Schnook with 2.6 thanks per post
    2. looks_two Miesto with 2 thanks per post
    3. looks_3 GFIs1 with 1.8 thanks per post
    4. looks_4 Deetee with 1.4 thanks per post
    1. trending_up 54,104 views
    2. thumb_up 702 thanks given
    3. group 30 followers
    1. forum 474 posts
    2. attach_file 194 attachments




 
Search this Thread

Deetee’s DAX Trading Journal (time based)

  #41 (permalink)
 Deetee 
Amsterdam, The Netherlands
Market Wizard
 
Experience: Intermediate
Platform: NinjaTrader / IB /Rithmic
Broker: EdgeClear / InteractiveBrokers / Rithmic
Trading: DAX / (M)NQ / (M)ES
Frequency: Daily
Duration: Hours
Posts: 630 since Jul 2019
Thanks Given: 2,819
Thanks Received: 785

Friday

Today triple witch day, so no trade.

https://www.investopedia.com/terms/t/triplewitchinghour.asp


Visit my NexusFi Trade Journal Started this thread Reply With Quote
Thanked by:

Can you help answer these questions
from other members on NexusFi?
NT7 Indicator Script Troubleshooting - Camarilla Pivots
NinjaTrader
Deepmoney LLM
Elite Quantitative GenAI/LLM
The space time continuum and the dynamics of a financial …
Emini and Emicro Index
Exit Strategy
NinjaTrader
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 …
61 thanks
Funded Trader platforms
39 thanks
Battlestations: Show us your trading desks!
26 thanks
NexusFi site changelog and issues/problem reporting
25 thanks
The Program
17 thanks
  #42 (permalink)
 Deetee 
Amsterdam, The Netherlands
Market Wizard
 
Experience: Intermediate
Platform: NinjaTrader / IB /Rithmic
Broker: EdgeClear / InteractiveBrokers / Rithmic
Trading: DAX / (M)NQ / (M)ES
Frequency: Daily
Duration: Hours
Posts: 630 since Jul 2019
Thanks Given: 2,819
Thanks Received: 785

Results

This week 61 points profit

Total results for this journal:


Thanks for following and have a good weekend


FYI: For now, I want to continue the journal with the same system. I only would like to define hard rules for entry, but not sure yet what to base this on. There were trades lost, while the odds looked good.
In the meanwhile, I am looking into alternatives based on the same data.

Visit my NexusFi Trade Journal Started this thread Reply With Quote
Thanked by:
  #43 (permalink)
 Deetee 
Amsterdam, The Netherlands
Market Wizard
 
Experience: Intermediate
Platform: NinjaTrader / IB /Rithmic
Broker: EdgeClear / InteractiveBrokers / Rithmic
Trading: DAX / (M)NQ / (M)ES
Frequency: Daily
Duration: Hours
Posts: 630 since Jul 2019
Thanks Given: 2,819
Thanks Received: 785


Monday

In the Monday files, when I add filters on IBL, on ‘No gap’ and on IB position at 9:30 inside prior day HiLo range, the short trade gives most points, 1168 pts (32 win/58 loss) with SL20.

After adding filters on IB HiLo (excluding the extreme values) and prior day HiLo range (also filtering out the extreme higher values), the best results are for the short trade, 9:30-15:00 SL40 1334 pts (36 win/32 loss). The long trade (with same filters) gives 262 pts but a better win % 43 win vs 25 losses.

DAX Short trade
Entry 9:30 @ 14621
Exit 14:00 @ 14661 (SL) (@14:00 Powell speaks)
SL 40 pts
Result -40 pts

Historical results with this setup:
1140 pts (37 win/31 loss)

Let's see


Visit my NexusFi Trade Journal Started this thread Reply With Quote
Thanked by:
  #44 (permalink)
 Deetee 
Amsterdam, The Netherlands
Market Wizard
 
Experience: Intermediate
Platform: NinjaTrader / IB /Rithmic
Broker: EdgeClear / InteractiveBrokers / Rithmic
Trading: DAX / (M)NQ / (M)ES
Frequency: Daily
Duration: Hours
Posts: 630 since Jul 2019
Thanks Given: 2,819
Thanks Received: 785

Tuesday

In the Tuesday files, when I add filters on IBS, on ‘No gap’ and on IB position at 9:30 inside prior day HiLo range, the long and short trades give similar outcomes (Long 1144 pts 70 win/72 loss with SL35 / Short 1142 84 win/58 loss with SL60).

After adding filters on IB HiLo (to exclude the extreme values) and prior day HiLo range (also filtering out the extreme higher values), the best results are for the short trade, 10:30-15:30 SL55 973 pts (25 win/10 loss). Because Powell testifies at 15:00, I’ll take the following trade:

DAX Short trade
Entry 10:30 @ 14595
Exit 15:00 @
SL 35 pts
Result -35 pts

Historical results with this setup:
891 pts (23 win/12 loss)

Let's see


Visit my NexusFi Trade Journal Started this thread Reply With Quote
Thanked by:
  #45 (permalink)
 Deetee 
Amsterdam, The Netherlands
Market Wizard
 
Experience: Intermediate
Platform: NinjaTrader / IB /Rithmic
Broker: EdgeClear / InteractiveBrokers / Rithmic
Trading: DAX / (M)NQ / (M)ES
Frequency: Daily
Duration: Hours
Posts: 630 since Jul 2019
Thanks Given: 2,819
Thanks Received: 785

Wednesday

In the Wednesday files, when I add filters on IBL, on ‘No gap’ and on IB position at 9:30 inside prior day HiLo range, the best long trade gives 1285 pts 81 win/55 loss with SL60.

After adding filters on prior day HiLo and prior day OpCl range and the day before (filtering out the extreme higher values), the long trade has the best results:

DAX Long trade
Entry 11:30 @ 14612
Exit 14:30 @ 14592 (SL)
SL 20 pts
Result -20 pts

Historical results with this setup:
362 pts (12 win/5 loss)

Let's see



edit 12:15: Chop day and entry was on the higher end of the range

Visit my NexusFi Trade Journal Started this thread Reply With Quote
Thanked by:
  #46 (permalink)
 Deetee 
Amsterdam, The Netherlands
Market Wizard
 
Experience: Intermediate
Platform: NinjaTrader / IB /Rithmic
Broker: EdgeClear / InteractiveBrokers / Rithmic
Trading: DAX / (M)NQ / (M)ES
Frequency: Daily
Duration: Hours
Posts: 630 since Jul 2019
Thanks Given: 2,819
Thanks Received: 785

Thursday

In the Thursday files, when I add filters on IBL, on ‘No gap’ and on IB position at 9:30 inside prior day HiLo range, the long trade gives a slightly better result (985 pts) than the short trade, but the short trade win % is much better (809 pts 79 win/45 loss with SL50) but 6-7 pts profit per trade is far from enough.

After playing with other filters, I will have to conclude not to trade today as nothing seem to give consistent results.


Visit my NexusFi Trade Journal Started this thread Reply With Quote
Thanked by:
  #47 (permalink)
 Deetee 
Amsterdam, The Netherlands
Market Wizard
 
Experience: Intermediate
Platform: NinjaTrader / IB /Rithmic
Broker: EdgeClear / InteractiveBrokers / Rithmic
Trading: DAX / (M)NQ / (M)ES
Frequency: Daily
Duration: Hours
Posts: 630 since Jul 2019
Thanks Given: 2,819
Thanks Received: 785

Friday

Today @ 10:00 (CET) IFO. Positive numbers but price didn't really move. I guess that will start at 11:00

In this post ( Check post) I analysed IFO days. I didn’t split the outcome per weekday, which I will do now for the Friday.



The green marked ones have pretty good results, be it on a low number of trades. The 10:00-10:30 bar is green (but only 4 points). I'm not sure how to handle the hour difference between USA and Europe (daylight saving time), so to be on the safe side, the trade will run till 14:30.

DAX Long trade
Entry 11:00 @ 14739
Exit 14:30 @ 14714
SL 25 pts
Result -25 pts

Historical results with this setup:
322 pts (6 win/0 loss)

Let's see



edit 13:06: Even a 6 win out of 6 trades couldn't bring profits

Visit my NexusFi Trade Journal Started this thread Reply With Quote
Thanked by:
  #48 (permalink)
 Deetee 
Amsterdam, The Netherlands
Market Wizard
 
Experience: Intermediate
Platform: NinjaTrader / IB /Rithmic
Broker: EdgeClear / InteractiveBrokers / Rithmic
Trading: DAX / (M)NQ / (M)ES
Frequency: Daily
Duration: Hours
Posts: 630 since Jul 2019
Thanks Given: 2,819
Thanks Received: 785

Results

This week 120 points loss. Better results would be welcome.



Thanks for following and have a good weekend


FYI: For now, I want to continue the journal with the same system. I only would like to define hard rules for entry, but not sure yet what to base this on. There were trades lost, while the odds looked good.
In the meanwhile, I am looking into alternatives based on the same data.

Visit my NexusFi Trade Journal Started this thread Reply With Quote
Thanked by:
  #49 (permalink)
 Deetee 
Amsterdam, The Netherlands
Market Wizard
 
Experience: Intermediate
Platform: NinjaTrader / IB /Rithmic
Broker: EdgeClear / InteractiveBrokers / Rithmic
Trading: DAX / (M)NQ / (M)ES
Frequency: Daily
Duration: Hours
Posts: 630 since Jul 2019
Thanks Given: 2,819
Thanks Received: 785

Monday

A bit late as I had everything ready, but then the IBL turned into IBS and the gap closed, so had to re-do the prep work.

In the Monday files, when I add filters on IBS, on ‘Up gap & closed’ and on IB position at 9:30 inside prior day HiLo range, the results for a long trade looks better, especially after excluding the extremes on prior day HiLo range, prior day OpCl range and the day before.

DAX Long trade
Entry 9:30 @ 14791
Exit 12:00 @ 14809
SL 30 pts
Result 18 pts

Historical results with this setup:
324 pts (8 win/3 loss)

Let's see

Visit my NexusFi Trade Journal Started this thread Reply With Quote
  #50 (permalink)
 Deetee 
Amsterdam, The Netherlands
Market Wizard
 
Experience: Intermediate
Platform: NinjaTrader / IB /Rithmic
Broker: EdgeClear / InteractiveBrokers / Rithmic
Trading: DAX / (M)NQ / (M)ES
Frequency: Daily
Duration: Hours
Posts: 630 since Jul 2019
Thanks Given: 2,819
Thanks Received: 785


Tuesday

In the Tuesday files, when I add filters on IBL and on ‘Up gap & not closed’, the results for a long trade (648 pts 26 win/19 loss SL50 10:00-15:00) look better than the short trade.

After excluding the extremes on prior day HiLo range, prior day OpCl range and the day before, the results are not getting better.

So, no trade today.



Visit my NexusFi Trade Journal Started this thread Reply With Quote
Thanked by:




Last Updated on December 17, 2022


© 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