25 loss 26 gain 27 gain 28 loss 29 short below 1.2740 is active 29 will be closed if a 60 min candle closing will be above 1.2730. Stop will be trailed down the grid (10 points).
29 gain 30 31 32 33 loss 34 gain 35 36 37 loss 38 gain 39 40 41 42 loss 43 gain 44 open trade initiated by crossing 1.2760 up on a 60 min closing. Position will be reversed if 1.2750 is crossed down (trail)
44 loss 45 loss 46 nice gain 47 loss 48 gain 49 loss 50 loss 51 open trade below 1.2940 Stop loss is at 1.2950 for a closing of a 60 minute candle. Stop will trail down on grid of 10 points.
Even with nearly 24 hours trade, gaps can occur and can have negative impact to a system! 51 loss; GAP!!! 52 loss 53 gain 54 loss 55 gain 56 loss 57 loss 58 loss 59 loss 60 gain 61 loss 62 loss 63 loss 64 loss 65 loss 66 open long; stop loss 1.2890; 60 min close has to cross level
How it's great! Big winners and small loosers. 66 gain 30+ pips 67 gain 130+ pips 68 69 70 small losses 71 open short trade; stop loss is currently at 1.2780 for 60 min. closing.
70 finally a gain (not a loss in stated in last report) 71 loss 72 gain 73 nice gain 74 gain 75 loss 76 loss 77 loss 78 gain 79 new trade, which will be very positiv.
79 big success 80 - 84 small loosers 85 is an open long trade initated above 1.2870. Stop is at 1.2880. If a 60 min candle closing is crossing that level down get out and reverse!
Too many bad trades, due to gaps and big 60 minute candles. System needs to be revised or market has to be changed. What about the NQ?
Comparison of following futures (see attached graphics). ENM06; Nasdaq ERTM06; Russel EYMM06; Dow ESM06; S&P All have open long trades.