Something very simplistic

Discussion in 'Journals' started by Quah, Sep 11, 2002.

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  1. mark1

    mark1 Guest

    Wow this is taking care of your customers :p
    Thanks for your quick reply!
    Marco
     
    #501     Sep 26, 2002
  2. KB96

    KB96

    Has any one looked in to using this system with the $5 Dow E-mini? Just a thought. I know its not as liquid as the ES an NQ, but is picking up every day. If any one has the time try paper trading it. I will attempt it, but still learning my charting software, and my take a couple of days to get going. Thanks
    Kyle
     
    #502     Sep 26, 2002
  3. Quah

    Quah

    I haven't looked at it, but my initial thoughts are that it is not nearly volitile enough for something like this - at least not yet.
     
    #503     Sep 26, 2002
  4. zorak

    zorak

    Quah...I'm ready to start this tomorrow, but am confused about
    something. I've attached a screenshot of the Qcharts setup I'm
    using. On the top is a 1min with a 34,2,34 stoch. On the bottom
    is a 2min with 17,1,17 stoch.

    In comparing the upper stoch with the one you posted earlier
    today, the only difference seems to be right between the 9:30
    and 9:45 area. Neither of the stochs I see dip below...but the
    one you posted does. This is also evident in your trades for
    today...you went short on the first 3 trades.

    Do I have something set wrong? Why does my 1min stoch look
    different from the one you posted, and what do I need to do
    to fix it? Someone help!

    Also, are you still using the 2min stoch?

    Any help would be greatly appreciated.

    zorak
     
    #504     Sep 26, 2002
  5. Quah

    Quah

    zorak - Check the "all sessions" box - that should make a big difference around the opening and for the first 17 or 34 bars or so. Yes, I'm using the 2 minute.
     
    #505     Sep 26, 2002
  6. ctrader

    ctrader

    I thought Quah was using 34,1,34 on the two minute?
     
    #506     Sep 26, 2002
  7. Quah

    Quah

    No 17,1,17 on two minute. Somewhat translates to 34,2,34 on a one minute.
     
    #507     Sep 26, 2002
  8. ctrader, just wondered if you had tried only taking the stop and reverse trade?
     
    #508     Sep 26, 2002
  9. ctrader

    ctrader

    No I didn't. Interesting how often that idea comes up :D

    50 pages back someone had the idea to make the SAR a system unto itself, and at the very beginning there was talk about doubling down on the SAR trade because of its high confidence. All very interesting points.
     
    #509     Sep 26, 2002
  10. dbphoenix

    dbphoenix

    I don't know that anybody's at the point where they can call it "high confidence".

    --Db
     
    #510     Sep 26, 2002
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