Start Day of Paper Trade Log - ES60 Test 1. Long Term System Signal Per OEX Trader System has lag = Need fine tune Entry / Exits Concept = Oddlots shorts and TRIX http://www.oextrader.com/oex/DOWSystem.html Trix = Triple Exponential Smoothing. The Trix indicator = derive from one-day difference of the triple exponential smoothed log of the closing prices. The indicator is used to ID trend's direction and cyclical entry points. The triple smoothing is a noise filter. 2. I will swing trade the long term signal with my Macd60 1 day system = Entry at Open / Exit at close or Next Open 3. Profit Swings 1d = 8 to 15 pts 2d = 10 to 25 pts Initial stop = 6 Trailing = 4
Pts Cumm 04/01 Buy 855 04/02 Sell 879 +24 04/04 Buy 875 04/07 Sell 899 +24 +48 04/07 Sh 896 Buy 881 +15 +63 04/09 Sh 883 04/10 Buy 866 + 17 +80 04/11 sh 881 Buy 865 +16 +96 04/14 Buy 872 04/15 Sell 885 +13 +109 04/16 sh 893 buy 883 +10 +119 04/22 Buy 884 04/23 Sell 909 +16 +135 04/23 sh 918 04/24 buy 907 +11 +146 04/24 Sh 912 04/25 Buy 901 +11 +157 04/30 sh 918 05/01 Buy 903 +16 +173 total for april
05/01 Bear Ugly Trin, Too fast too soon rule = short exit Globex down at noon Bears are trapped Tick buy signal at close Buy 917 Cumm 05/02 sell bear trin open 922+2 =924 +7 Spec short 922+2= 924 Stop = 928 -4 +3 Monday 05/03 Buy=921 Open down sell = 934 Look for 5 to 8 bars to neutral line short gap higher or wait for neutral then sell rallies.