5min/1h TrendFollowing on ESTX50, SMI, & GBL

Discussion in 'Journals' started by KS96, Aug 23, 2006.

  1. Vince1

    Vince1

    Actually I do... and currently trying to find a more systematic way to enter positions - while keeping position size and exit discretionary. Finding the right balance is no piece of cake ;)
     
    #61     Aug 29, 2006
  2. Interesting to see an all EUREX trio in action.

    Out of curiousity, have you backtested your strategies? Do you find it performs better, worse or the same after inside days etc?

    AM
     
    #62     Aug 29, 2006
  3. KS96

    KS96

    GBL stopped out 1 @ 117.81, +2 pts.
    Still holding 1 short @ 117.74

    This bund-casino starts pissing me off...
     
    #63     Aug 29, 2006
  4. KS96

    KS96

    I am using lots of discretion, but I've backtested specific conditions for entries and exits. What I am trying to do is to avoid getting caught in chopping markets (I am not fading, I am trendfollowing). In-n-out until some trend sticks and I manage to establish position in the longer 1h timeframe. I keep overnight/overweekend, but I reduce the risk. Then the money usually comes.
     
    #64     Aug 29, 2006
  5. KS96

    KS96

    GBL added 1 more short @ 117.75

    Currently holding no trades on ESTX50 or SMI.
     
    #65     Aug 29, 2006
  6. KS96

    KS96

    SMI long 1 @ 8183
    (low-risk entry)
     
    #66     Aug 29, 2006
  7. 0008

    0008

    How do you decide your stops?

    How many points(or %) are you using in trading ESTX and Bund?
     
    #67     Aug 29, 2006
  8. KS96

    KS96

    GBL stopped out @ 117.81, -7 pts.
    Still holding 1 short from 117.75
     
    #68     Aug 29, 2006
  9. KS96

    KS96

    SMI stopped out @ 8176, -7 pts.
     
    #69     Aug 29, 2006
  10. KS96

    KS96

    GBL re-entered short 1 @ 117.73
     
    #70     Aug 29, 2006