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

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

  1. me1969

    me1969

    So you are trading this creeper market before the FED announcement....:)
     
    #701     Oct 25, 2006
  2. KS96

    KS96

    GBL stopped out @ 58, -5 pts.

    The Bund doesn't look like a creeper right now, does it?
     
    #702     Oct 25, 2006
  3. KS96

    KS96

    GBL re-entered long 1 @ 116.48
     
    #703     Oct 25, 2006
  4. me1969

    me1969

    Looks like trend fighting... Or is this contrarian? :eek:
     
    #704     Oct 25, 2006
  5. KS96

    KS96

    Weekly support around these levels. Last chance
    for the bulls to turn it around should/would show up
    here. Looking to load up for the longer
    time-frame. Of course, it usually takes me many
    bad entries... I may be wrong, of course, but if
    I am not it pays back well.
     
    #705     Oct 25, 2006
  6. me1969

    me1969

    Right, so I was sitting tight, waiting for this set-up and it paid.
     
    #706     Oct 25, 2006
  7. KS96

    KS96

    Good for you. My track record in the Bund
    isn't good lately. I must be around 150 points
    down since the beginning of this journal.
     
    #707     Oct 25, 2006
  8. me1969

    me1969

    Your overall track record is quite good, but it would be interesting how it is compared to risk/volatility. Do you know your Sharpe?
     
    #708     Oct 25, 2006
  9. KS96

    KS96

    Here are the total stats for my futures trading
    for almost 2 months:

    ESTX50 +566 in 131
    DAX -8.5 in 5
    SMI +359 in 66
    GBL -157 in 90

    Right now, I am still in a drawdown of around $1200.
    Stocks & Forex included.
     
    #709     Oct 25, 2006
  10. KS96

    KS96

    ESTX50 stopped out 1 @ 26, -11 pts.
    Still 1 short from 18.
     
    #710     Oct 25, 2006