direct statistical trading a "clearly" defined approach by NTW31

Nuke,

You are no Jack Hershey.


This is a COMPLIMENT!!!!

 

I just traded an old skool breakout at 1.3104. Moved the stop to BE at 1R (7 pips). Sold 1/2 position at around 3R (1.3125) and trailed the stop for the remaining. Trail hit at around 6R (1.3149).

 

that was a good one i see what you mean

 

Of course he is NOT ... and of course this is.

Thank you very much for your great effort NTW. We really appreciate it.

 

before high prob stat trade right here....

 

bam!

run those numbers

 

lol exit

1:27 in the morn man i love this stuff

 

NTW31, thanks for the great thread.

I have some questions here:

1. Entrance and exit of a trade should always in the same bar, right?
2. if yes, will you open a trade if the condition for entrance satisfied in the late phase of the bar formation?

thanks

 

1. for the candle formation trade ? yes for using tick data and movement from open ... yes.

2. depends how late a min left on a 3hr bar is just a bad idea as it would have to rally or drop 32.5 pips in 1 min after reaching entrance rare occurance candle failure.

odd of this happening is low generally if finds both both extremes quickly then rebalances or extends.

 

NTW31, Thanks.
Have you ever tested the strategy for high frequency trading, eg. 5 min bar? I would like to try Your strategy for 1-min or 5-min index futures.