datamerc, you are an inspiration! :) Thank you for the journal. I'm most impressed by your honest accounting of your feelings and mistakes and...
Success! Or at least first step :) I have implemented a simple version of my strategy in NinjaTrader. Strategy works on 1-tick resolution and...
Makes sense. What I was thinking is that in an uptrend I can go short at a resistance level for a brief pullback, but that would be a short-term...
I identify the S/R levels with the old Mk I Eyeball instrument :) I look at candlestick charts of the previous 1-2 weeks, using 1 day, 60 minute...
It's really a choice of preference ... do I want to try to make small profits from the short-term movements, or catch the longer-term moves? For...
I've spent few days backtesting the strategy, and I came pretty much to the same conclusion. The daily volumes drop off dramatically in...
Ewww... I have a STRONG dislike for wide stops. I've been swing/position trading equities for few years and I like my stops tight and nice. On...
Thank you for the insights, good stuff! Hmm, good point. I've been doing this real-time for the past two weeks, but I've been tweaking with the...
Based on few weeks of reading and playing with ButtonTrader/IB simulation mode, I've come up with following simple strategy. It is by no means...
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