Simple Profitable Method

Discussion in 'Technical Analysis' started by trader28, Sep 6, 2006.

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  1. es175

    es175

    Hi there,

    Sim trading the SPM 'Classic' system today. Have attached my efforts so far....

    T28, how does this compare to your trades? Any comments? Avoiding entry after wide range bars might be a good idea - or?

    Any help much appreciated.

    Cheers,
    es175
     
    #2121     Jan 24, 2007
  2. In a strong trend watch for price to dip below 3SMA+2 then pop back above price, you can use that as a re-entry, everything else looked pretty good
     
    #2122     Jan 24, 2007
  3. another simple trade is the volatility index VIX trade as described by Larry Connor (10 day SMA), check it out (google Larry Connor). I am not associated with him, but i think it can be quite reliable if used properly. I mentioned it on my blog this morning http://lauristonletter.blogspot.com/
     
    #2123     Jan 24, 2007
  4. es175

    es175

    T28, thanks for the feedback. Too bad the trades I posted worked out at break even minus comms.

    You mentioned before that you apply a bit of discretion to the system. When would you typically skip a signal? If there's a slow moment in Aus, it would be great to see a chart with your trades from today....

    (I can feel a steve46 comment waiting in the wings for that request.... )
     
    #2124     Jan 24, 2007
  5. [​IMG]
     
    #2125     Jan 24, 2007
  6. es175

    es175

    Cheers!

    Looks like we're using quite different settings for the MACD.
    Your X marks look a lot better than mine. Not sure whether they represent an entry, an entry then exit, or Stop And Reverse trades though.

    In any case, thanks for posting the chart.
     
    #2126     Jan 24, 2007
  7. Standard MACD settings 12 26 9

    Arrows and crosses are a part of an expert advisor I use, I don't really pay any attention to them, or the bullish/bearish band at the top
     
    #2127     Jan 24, 2007
  8. tyler19

    tyler19

    This SPM works so much better on ER2 friends.
     
    #2128     Jan 24, 2007
  9. es175

    es175

    Strange... I've got MACD set up on 2 min charts with 12SMA, 26SMA and a 9EMA average. The plots on our two charts look like different animals though. Agree?

    Probably begining to sound like a pest but it would be interesting to know where you traded today. Just trying to compare notes...

    Listening to this guy earlier today. Funny bastard.
    http://www.rude.com.au/
     
    #2129     Jan 24, 2007
  10. http://www.smartmoney.com/options/index.cfm?story=sfo-2005septrussell


    "A quick glance at the top trading systems we ranked across seven different statistical measures at the end of 2004 showed something extraordinary — several E-mini Russell trading systems occupying spots at the top of the list."
     
    #2130     Jan 24, 2007
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