May be entering a drawdown.

Discussion in 'Index Futures' started by Rickshaw Man, Apr 1, 2022.

  1. Lets see, I have not touched the parameters in over 2 years. Slippage is set to 10 NQ points. Stop loss is set to 2%.

     
    nitrene likes this.
  2. Handle123

    Handle123

    Eventually, maybe now, major trends be going down, economy is not doing well, the unemployed is far greater then the numbers. Apple is reducing quantity of next cell phones, first time they ever done. Interest rates going, lumber price will be coming down, grains too high, people can't afford gas, meat too high, people are saving and not buying as much. Economy ripe for major downturn.
     
    ET180 likes this.
  3. How very quantitative of you
     
  4. Haven't touched it in two years, yet videos are only from this month.
     
  5. do you have a history of results like myfxbook or something?
     
  6. I will put up something tonight.
     
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  8. nitrene

    nitrene

    Perfect timing. Good call. You were right on the money. I didn't start shorting until Tuesday night.

    If I did the math right the Fib retrace is about 13620 on the June NQ contract. That's still another 640 points down.
     
    Last edited: Apr 7, 2022