Trading NADEX Knock-Outs

Discussion in 'Journals' started by expiated, Apr 6, 2022.

  1. expiated

    expiated

    Trigger to buy @1.3723
     
    #171     Oct 17, 2022
  2. expiated

    expiated

    AUDUSD became a sell @ 0.6285
     
    #172     Oct 17, 2022
  3. expiated

    expiated

    Waiting for signal to reverse direction and sell EURGBP.
     
    #173     Oct 17, 2022
  4. expiated

    expiated

    Waiting for signal to sell EURUSD, which is currently neutral.
     
    #174     Oct 17, 2022
  5. expiated

    expiated

    Here is the path that was taken by GBPJPY from the time you entered your order (at the crosshairs)...

    upload_2022-10-18_9-55-40.png

    This is what GBPUSD did...

    upload_2022-10-18_10-0-8.png
     
    #175     Oct 18, 2022
  6. expiated

    expiated

    The USDCAD long position was a fail, due to the crazy price action...

    upload_2022-10-18_10-5-40.png
     
    #176     Oct 18, 2022
  7. expiated

    expiated

    This too was a fail in that the pair failed to follow through with the reversal, and in fact, took wild swings to the north...

    upload_2022-10-18_10-10-44.png
     
    #177     Oct 18, 2022
  8. expiated

    expiated

    upload_2022-10-18_15-40-58.png

    This channel with the bold black bands is clearly an excellent measure for determining the direction in which to trade NADEX Knock-outs, though NOT by placing orders and walking away, but rather, in a HANDS ON fashion. (I suspect the former approach is really only appropriate for position type trades, which do not fit knock-outs because they do not allow for a sufficient amount of room for pullbacks.)

    The key is to translate the measure down to one-minute charts to facilitate timely entries and exits and to place them at strategically calculated levels.

    upload_2022-10-18_15-48-48.png
     
    Last edited: Oct 18, 2022
    #178     Oct 18, 2022
  9. expiated

    expiated

    Sunday | October 23, 2022 | 1:45 PM PST
    I'm surprised that I haven't given up on trying to find a place-your-order-and-walk-away day trading strategy. But, apparently that's the case, because the following idea just occurred to me. If it works, it should provide plenty of trade opportunities, seeing as how I have ten or eleven pairs on my watch list...

    upload_2022-10-23_13-38-52.png

    The idea is to buy when candlesticks fall between the two lower bands of a specific pair of dynamic/adjustable price range envelops; and to sell when candles climb between the two upper bands of those same two measures. Positions are exited (profit is pocketed) when price reaches the outermost band on the other side.
     
    #179     Oct 23, 2022
  10. expiated

    expiated

    Tuesday | October 25, 2022 | 11:30 AM PST
    I am anticipating getting the trigger signal to buy EURGBP at some time within the next 24 hours...

    upload_2022-10-25_11-32-35.png
     
    #180     Oct 25, 2022