1 ES trade(daytrade) and get 1-3 points

Discussion in 'Index Futures' started by increasenow, Dec 17, 2007.

  1. No "come on", its OVER. Go do the work.

     
    #41     Dec 17, 2007
  2. bespoke

    bespoke

    Fine. Here's the setup since you aren't willing to put in the screentime.

    Use 5 minutes bars. When the 200, 50, and 20 EMA cross each other, go in the direction of the 500 EMA. But only go long if the moon is waning, and only go short if the moon is waxing.

    Okay, where's my percentage?
     
    #42     Dec 17, 2007
  3. Tums

    Tums

    maybe this indicator can help you?
    buy when it turns green, sell when it turns red.
    even when the signal flips on you, you can still get out with a tick of profit !

    <img src="http://www.elitetrader.com/vb/attachment.php?s=&postid=1718240">
     
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    #43     Dec 18, 2007
  4. I am so serious...please no jokes
     
    #44     Dec 18, 2007
  5. Ok, so you are serious, we get it.

    Now run along and put in your time learning this business. Since you want to succeed, this is the path you must take. No holygrail exists, except the one in which your own brain can conceive and put into action successfully everyday. Face the challenge with a proper willingness to learn and you will be fine.

    and, please, no more of the same threads. I am also being serious and not joking around. Thank you.


     
    #45     Dec 18, 2007
  6. thanks all...been some great replies...thanks!
     
    #46     Dec 18, 2007
  7. cd23

    cd23

    Okay I will double the complexity of what I suggested to eliminate the serious complexity you added (the breathtaking stops system).

    I did not envision stops just a hold until the 2 ticks was reached.

    I will add an alternative exit: once entry is achieved; do exit 1. or exit 2., whichever comes first.

    1. Original exit.

    2. Wash exit @ entry value or in worst case @ reference value of bar 3.

    Also lets up the number of trades per day to make monitoring more fun.

    Draw a lateral ray from the reference value of bar three into the future. Do this daily.

    Deploy the entry rule with a neutral bias (bilaterally) as the day procedes. Alway use rules 1 and 2 as the exit. I know the consequences of this application of rule two.

    As an alternative to the original entry, use the first wall on DOM as a replacement for the bar 3 BO entry; the exit would be the next (opposite) wall on the DOM. Both trades are @ market "inside" the DOM walls. After capital is doubled, use each DOM wall in succession throughout the day and apply all possible capital. Upper limit 50 contracts and withdraw surplus on Fridays.
     
    #47     Dec 18, 2007
  8. Thanks Mr. Hershey...anychance to break this down to 'mear human talk'...
     
    #48     Dec 18, 2007
  9. for the 1-3 ES points...use a 5 minute or 15 minute chart?
     
    #49     Dec 18, 2007
  10. homeboy, listen up. This is what YOU need to decide on your own. You can reach those goals using either chart.

     
    #50     Dec 18, 2007