Journal of index futures trading

Can't believe this thing sometimes.... At 8.5k with account, had a stop set one tick below my entry short on cocoa................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................

 

@ 7.3k with account

losing trades still open in corn/oats

 

7.6 k with account holding onto a corn trade.

 

In the spirit of Larry Williams, I am releasing an indicator I just made to show if a particular day has a bias towards being bullish/bearish. The more negative the number, the more bearish bias there is and vice versa. EL obv....

Choose the day to study, 1 = mon, 2 = tue, etc.

Code:

Inputs: DayOneIsMonday(1);
Vars: TotalDays (0), UpOrDownDay (0);

if dayofweek(d) = DayOneIsMonday then begin
TotalDays = TotalDays + 1;
if c > o then UpOrDownDay = UpOrDownDay + 1;
if c < o then UpOrDownDay = UpOrDownDay - 1;
end;

plot1( UpOrDownDay , "Up or Down Bias?");

 

@ 8.2k with account, got out of corn trade for -200.

+100 on FX trades on a separate account starting with 3k.

I have set index trading aside for the moment. Seems there is a better edge in other commodities...

 

+ 9 dollars on FX............ WOW

 

@ 7996 (8000 starting) with futures account
Long DX-MH1 @ 77.132

@ 2751 (3000 starting) with forex account
Short GBP @ 1.62516

 

@ 8538 (8000 starting) with futures account
Short NQH1 @ 2372.5

@ 2795 (3000 starting) with forex account

 

@ 8899 (8000 starting) with futures account

@ 2817 (3000 starting) with forex account

Was short NQH1 @ 2372.5 from last week, put a stop Sunday night around 2365 to preserve capital/profit.

Oh well........

 

@ 9760 (8000 starting) with futures account

@ 2841 (3000 starting) with forex account