Columbus 5 Day ES Intraday Trading Exploration

So far my prototype model will complete scale out here.

 

Yes, I miss all the good trade. privateisland also suggest that too. I am looking on a longer timeframe believe it or not. I might go back to the drawing board and turns the first morning reversal into a ORB type of trade.

 

BTW, my rubber band trade model already scales out a while ago.

 

Less is more!

 

I will keep that in mind. Seriously. I might be retooling this stuff after these 5 days.

 

I think my brain is fried. I am gonna get lunch because my wife is not cooking.

 

ok

 

martys,

Since reading your comments it appears that you need instant proof that your trade is going in the correct direction.

I don't know if you use indicators or not (I don't remember) but I think you should incorporate the reading the action on the TICK. Either before you enter your trade, or for confirmation there after.

Just an idea...

 

No lagging indicators. No Fibonacci or TICK. Actually when I was backtesting TICK some time ago. I find extreme TICK is not necessary a reversal rather a pending trend. I've never really meet Mark Cook and I am not sure how he makes all this money.

 

Bought at 1180.25