oops, should have read Sept 07 contract. trading and typing leads to errors (thankfully, not on the trading side today, lol).
For almost all of my systems, I use 2 ticks and also the other side of the 50's and evens. There are many times when the highs or lows of previous bars are taken out by 1 tick due to noise. For me personally, I always have my exit stops on the other side of the .50's and even numbers as those are numbers where people tend to accumulate orders.
good food for thought, thanks. I am looking at this "any 15 min candle range" and instead of .5 going only for .3 Whats the cheapest realtime streaming chart out software/website out there? Globalfutures' StrategyRunnerLite is pretty cheap, but that's a trading platform as well as chart datastream.
Finally home, stopped out on the YM trade (1 minute time stop) for -7 points at 8:57. We'll see how we do tomorrow.
ER2 7/31 O 795.9 H 796.2 L 792.7 sell 792.6 946a buy 792.3 952a +3 tics BUY 796.3 10am SELL 797.3 10am - 10 seconds later +1 pt total for day : 1.3 PTS = $130 per contract - 2 commission fees
YM broke out of 13494 long for 10 (and more, but I'm only counting the target) points right after 5:45. 1 win for +10 yesterday 1 loss for -7 I guess I should keep a running total...
Yes definitely. I'm 9 for 9 in 5 days with about 13.5 pts on ER2. ER2 7/31 O 795.9 H 796.2 L 792.7 sell 792.6 946a buy 792.3 952a +3 tics BUY 796.3 10am SELL 797.3 10am - 10 seconds later +1 pt total for day : 1.3 PTS = $130 per contract - 2 commission fees
13475 short at 640, closed out on the 1 minute time stop for -1. +9 points for today -2 roundtrip comm. +7 net total. 1 for 3, 0 points total for 2 days.