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So after a while here, reading a lot. Here I am starting my own Journal. Why I am I doing it ? Well this job, even I love it, it's kind a lonely and never the less, I could use different point of view or idea of course. So any comments, opinions, questions are welcome.
Litlle be of my story. I have started or better to say smell it about futures, back in 2003-4. and like most, was no different with me. first money I threw into a hole called trading company. Don't get me wrong here. It was only and only my fould, I tought, someone will make me money without work. So first lesson, done then few months of backtesting, papertrading and here I was opening live account, beeing a "trader" or I tought I ll be well you can guess the end... ..account emptied. But I didnt give it up. I knew one day Ill come back. This is the way I want go become a succesfull trader. Here is my system, which I will start to trade next month.
Trades and signal on 5min. chart.
Trading only from 9-12 monday-friday
RSI is set to 14,
5 min chart EMA 14, which must be crosed with price to take signal
60 min chart EMA 14 and EMA 78 for trend showing
I am now paper trading this set for 2,5 months. live start will come next month. I will put some screen here later.
Can you help answer these questions from other members on NexusFi?
I would like to ask you all, how do you define chop market, or better to say how do you realize chop, what tools you using ? I can see trend, I use 60 min chart and EMA 78 to analyze it, But what if the market goes on side in chanel ?
and never the less, I could use different point of view or idea of course. So any comments, opinions, questions are welcome.
