Yes, that is exactly what I've been doing during the two times that happened so far. Makes order entry a little confusing, but not really that hard. Thanks for the comments!
Going to take off early today. Nothing unusual today. For 9/17/2002: ESZ2: 8 Total Trades 7 Winners 1 Loser Avg. Winner +1.06 / Avg. Loser -1.25 Gross 6.00 points - $300.00/contract Commission $38.40 Net $261.60/contract Total Time in trades: 13min 00sec NQZ2: 8 Total Trades 8 Winners 0 Losers Avg. Winner +2.75 / Avg. Loser 0 Gross 22.00 points - $440.00/contract Commission $38.40 Net $401.60/contract Total Time in trades: 32min 30sec ES Trades: 9:33 L 903.75 +1.00 (0:30) 9:35 L 905.00 -1.25 S 903.75 +1.25 (5:30) 9:38 S 904.00 +1.00 (1:00) 9:43 S 900.25 +1.00 (2:30) 9:51 S 897.75 +1.00 (1:30) 10:04 L 893.50 +1.00 (0:30) 10:25 L 888.50 +1.00 (1:30) 10:59 (not taken) 11:54 (not taken) 13:23 (not taken) 15:47 (not taken) NQ Trades 9:33 L 935.00 +0.50 S 935.50 +3.50 (7:00) 9:35 S 935.50 +3.00 (5:30) 9:38 S 934.50 +3.00 (2:30) 9:43 S 928.50 +3.00 (5:00) 9:51 S 924.50 +3.00 (10:00) 10:04 S 921.50 +3.00 (6:00) 10:25 L 917.00 +3.00 (2:00) 10:59 (not taken) 11:54 (not taken) 13:23 (not taken) 15:47 (not taken)
Seems that NQ has been trading a lot "smoother" than ES over the past couple of months - and this method seems to work better overall on NQ. I traded NQ a few times in the past, but always gave it up because I thought it was way too jumpy. Now is seems the opposite - that ES is too jumpy. Anyone have any comments on why NQ seems to work better here - better stops? Would you anticipate NQ going back to being more volitile than ES again?
Excellent results! Your percentage of winners is amazing. Hopefully this can keep up! I have just sent you a PM.
testing your fib. time idea over the weekend using various indicators, time intervals, my conclusion you must be one talent scalper and I am not.