Actually I prefer the ES and the ER2 not the NQ. On the ES im trading bigger charts so that they are not that choppy on the slow days. Usually between 2 and 6 thousand share bars. What do you mean the one tick profit thingie? OSO orders? Defenetly not only pivots. That is just a sample of a trading arsenal. As I have said before, I am flexible and try to trade whatever oportunities I see that I like, and it can be a variety of things. Good luck in your trading endeavour. Let me know if I can help you more. P.
Thank you for your kind words and all I can say is that I am a man whos always thriving for improvement just like anyone else. About my scaling out, I do it in two ways and they depend on what the market is doing and how it is behaving. In one instance I may set up an OSO so that it takes profit by itself on the first target, the second target I take out manually. This I do on slow days with not much range between signals. When I get enough movement then why limit my profits, I try to let them run as much as I can, both of them, take out the first part at the first sign of hesitation and the second part on a retrace of that first sign of hesitation or on another sign of hesitation. I am much more strict with my first exit, im much more lenient with my second one. The reason is the following: On the second one I have locked in profits so I do not mind closing the second portion at break even, It was a free chance for a profit. This I think answers your last question in regards to my stop, yes I move my stop, there is no point in my opinion in giving back profits you alredy locked in with the first half. P.
AmiBroker users? I am trying looking at changing to AmiBroker from Sierra, for the programming ability, but am having some problems. Attached is a chart showing one of them. The dates jump several days. Any idea what I have set wrong? Thanks, Don
Don't know how you can trade much more than your pivots on 2 separate contracts ... That should generate quite a few trades in a day!! If you don't mind, how many pivot trades do you do in a day? Thanks, i
Stopped keeping that kind of statistics long time ago. Dont really know how many, but if i were to guess today probably about 25 maybe a bit more. It also depends on the day, sometimes im out of tune so take few trades, sometimes the market gives few trades, other days pivots appear and you have a big run. I dont keep too much statistics about anything anymore it has been reduced to profitable or not. P.