Well, I did ignore the time frame because it was the feed that I have live now, and since you are asleep while I am awake, well... I was hoping that we could overlook the time to see if the I had the "setup" correctly. I am not trying to do anything here but learn the way you described it. In the time you have taken to respond to these posts, you could have come in the chatroom and said hi and guide me to see if I have the method correct. For all I know, I do not have the indicators setup correctly. Looking at the example you gave with BB at 1.8 SD and lenght 10, I cannot duplicate what you showed in your .gif on my screen with the same parameters. nitro
ES M3 ticking above BB again (as I have it set up) Let's see if it paints a pivot bar... [I know it's outside the time frame...] nitro
FWIW, there are roughly an equal number of members who trade on a breakout compared to the number of traders who trade on a retracement - http://www.elitetrader.com/vb/showthread.php?s=&threadid=17561 And, even a small number who trades countertrend. As for the DAX, only a few trade it aside from ES - http://www.elitetrader.com/vb/showthread.php?s=&threadid=18138 pretzel
I ain't boasting about fuck all. Telling folks what I trade and suggesting they might also want to plug the DAX & ESTX50 into their charts alongside ES & YM/NQ ...isn't boasting. It's called practical advice. Bet you'd never even heard of the Euro markets til I came along, you ass. BTW I ain't your dude, dude, I'm your dream bitch remember?! You know, there really should be a law against in-breeding in Alabama Now go away young boy because some serious folk seem interested in serious discussion. Besides, Mommy would be mad if she knew you were still awake at this hour
It would be trivial for me to code this and run a back test on it in TS. I may do that when I am 1/2 concious... nitro <---- fading fast...Almost 3:00 AM here
Nitro man - you're breaking my heart! You're ignoring one of my sacred rules looking for action when you shouldn't be. Stick to the hours suggested and only those hours. Do it for a week and then let's talk. Pretzel - Stay away from my markets - what are you doing charting my symbols (didn't you know they were mine?!). Get to bed! Seriously, I know most folks ignore DAX. Even a US trader who just traded it from 09:40 - 11:40 EST i.e. one trade a day, for a total of 2 hours ....could make a fortune in it. You're right that most folks won't bother though! This is how we get our edge ...doing something the majority don't. Yes I chart all four markets side-by-side. I just keep it simple with a Bollinger Band on all four. The middle line isn't anything special. Don't put too much attention on what I do. The simple middle Bollinger line would probably work just as well as my EMA,
I don't trade this stuff, just watching it! I will look at it from the corner of my eye for a week... nitro
I only chart the ES/YM on pit hours not using overnight data. I know this makes the first 10 bars of indicator different than those of the DAX/ESTX50 during that time ...but I just prefer it that way. I will often use the DAX/ESTX50 at this time to generate which bar to trade the ES. i.e. The dax may have a pivot high on the Boll line but the ES not (due to my settings). But I may still take the trade in the ES.