Anyone use my method?

Discussion in 'Index Futures' started by no_pm_please, Dec 10, 2005.

  1. Take it easy guys!

    For anyone interested, I went long at 1265.00 with a 2pt. stop.
     
    #61     Dec 12, 2005
  2. ozzy

    ozzy

    Still in. Missed my stop you suckers. Now go up 10 points.

    Damn I forgot to roll Ninja. Woops.
     
    #62     Dec 12, 2005
  3. saico

    saico


    Is your stop rule still the same? According to my Keltner stop would be 3 Points.
     
    #63     Dec 12, 2005
  4. Yes, it's the same 1/3 of Keltner high - low. In this case at 12:15 ct I had 1270.44 for high and 1265.06 for the low. The diff. was 5.38 and 1/3 of it is 1.79333 which I round up to 2.0 pts.
     
    #64     Dec 12, 2005
  5. ozzy

    ozzy

    If it doesn't pop here I'm out. It's starting to look like a holy grail setup.
     
    #65     Dec 12, 2005
  6. saico

    saico

    IMO trading two methods on one chart will drive you nuts, Ozzy. Just stick to the rules and trade it flawlessly.
     
    #66     Dec 12, 2005
  7. The trade is looking good so far, we must adhere to the rules!
     
    #67     Dec 12, 2005
  8. Trade just hit opposite side of Keltner channel at 1268.25 so now I use the trailing parabolic stop until stopped out or the close.
     
    #68     Dec 12, 2005
  9. Hey, npp, I think you should start a new journal based on your original divergence indicators. I'd like to see it once again. I've been reading up on your old post from 2 years ago - I'm gonna try to set it up and see how it goes.

    How's trading full time working out for you? more or less the same result or do you find yourself "pressured" to make more money to compensate for the job?
     
    #69     Dec 12, 2005
  10. Hi, and thanks for posting your system! One question: the change from volume-based Chaikin to price-based CCI means that volume is no longer a factor. I'm curious what lead you to remove volume from a system that was originally based on divergence between price and volume. Was it perhaps related to the change from SP to ES for signal generation? Thanks.
     
    #70     Dec 12, 2005