ES Journal | Divergence918

Discussion in 'Journals' started by Iwilldoit, Oct 11, 2015.

  1. so we have a four loss losing streak . KNow that I am not able taking every setup especially the ones in the morning, so I am not too bothered by this losing streak.

    I am confident that if I took the morning setups I would have at least one profitable trade.

    The model is barely higher than breakeven, as shown by the metrics, so it seems to be following the metrics quite accurately

    @Handle123
     
    #71     Oct 28, 2015
  2. Handle123

    Handle123

    Have you considered the fact that afternoons are a different session than the mornings?
     
    #72     Oct 28, 2015
  3. Yes I did.....but sometimes I am not available in the mornings...

    @Handle123
     
    #73     Oct 28, 2015
  4. wrbtrader

    wrbtrader

    What did your backtest results tell you about your trade method in the morning trading session versus the afternoon trading session ?

    Also, what did your simulator or real money trading tell you about your trade results in the morning session versus the afternoon trading session ?
     
    #74     Oct 28, 2015
  5. TRADE ONE: SHORT/LOSS/ BRD/30/11H00


    PosttoET.jpg




    11h01 I set my limit order to 76.50, TARGET= 72.25, INITIAL STOP = 78.75


    EXECUTION

    • Was filled at 76.50 at 11h02 (USING the DOM) →

    IN TRADE PERFORMANCE

    • The next one minute candle was a large green candle→ which reversed the trend and price moved in the opposite direction.

    EXIT


    → after a few green candles , I was stopped out at 78.75


    WHAT I LEARNT


    I wonder how this would of played out in a real live "money" trade?

    • Perhaps I should retest the model with a rule saying that if 9EMA > 18SMA → I should exit the trade?

    @Handle123 @Redneck
    @NoDoji @Buy1Sell2 @aquarian1
    @Gueco @pak @slugar @zbestoch @dratsum @wrbtrader PosttoET.jpg
     
    #75     Oct 29, 2015

  6. Remember I am backtesting manually in excel.


    There is no advantage to morning setups, but trades taken between 12- 1pm tend to be losers.
     
    #76     Oct 29, 2015
  7. It looks like i am having a losing streak, but I should point out that if I did take the morning setup at 9h30 it would of been profitable.

    • Seems like I am missing the profitable trades
     
    Last edited: Oct 29, 2015
    #77     Oct 29, 2015
  8. TRADE THREE: SHORT/LOSS/ HBRD/30/14H00


    PosttoET.jpg

    • I never posted trade 2 which I should of never entered yes it was a loss too


    14h12 I set my limit order to 78.50, TARGET= 75.25, INITIAL STOP = 79.5


    EXECUTION

    • Was filled at 78.50 at 14h13 (USING the DOM) →


    IN TRADE PERFORMANCE


    EXIT

    • Next green candle I was stopped out at 79.5



    WHAT I LEARNT


    I wonder how this would of played out in a real live "money" trade?

    • From now on if I see Hidden Bull divergence on the 60→ I am never shorting.

    @Handle123 @Redneck
    @NoDoji @Buy1Sell2 @aquarian1
    @Gueco @pak @slugar @zbestoch @dratsum @wrbtrader
     
    #78     Oct 29, 2015
  9. Geez this is a 7 streak loss.........the biggest streak in the model was like 4
     
    #79     Oct 29, 2015
  10. wrbtrader

    wrbtrader

    Thanks for the reply.
     
    #80     Oct 29, 2015