No Progress (frustration)

[shooly76 10]

Spearpoint- which MAs do you use along w BBs?

 

do you enter on the 3 min chart after weekly, daily, 10 min are in agreement?

[shooly76 10]

75% profitable from 10-13 to 10-31...only like 5-6 trades though.. but still gives me hope. just quit job that was taking all my spare time up. so now I am working less hours at another job so Ill be able to sim trade 3-4 nights/ week. Id like to still be 75% through december, then I think I will be ready to go live again.

 

patience, patience, patience!

[steve46 12]

There are many ways to trade profitably

 

For the Christmas holiday I would like to generate some extra cash so I am going back to my

roots trading the overnight market

 

The attached capture is my screen setup....As you can see, at first glance it is simple with three screens...DAX and then two ES screens showing different time frames....I read the DAX for general direction and trade one of the two shorter time frames depending on a couple of variables

 

Not going to put on a seminar but just want to suggest that the orginal poster look to simpilify, test carefully to make sure you actually HAVE an edge, then after you have sim traded successfully, simply aim to trade with discipline (take all the trades, stay with solid risk management and make sure to take profits and do not under any circumstances let a profit turn into a loss). After you resolve the technical issues, success is all about your ability to perform consistently....

 

 

Good luck

[Qiman 10]

Interesting. Haven't run into many using a 45 second bar chart!

 

I wonder, have you also tried using the FESX instead of the DAX, since the DAX can be such a wild dragon? Or maybe that is why you found it to be a better leading indicator.

[Tams 20]

Interesting. Haven't run into many using a 45 second bar chart!

 

I wonder, have you also tried using the FESX instead of the DAX, since the DAX can be such a wild dragon? Or maybe that is why you found it to be a better leading indicator.

 

one of my chart uses 102 minutes. I am sure you have never heard of that either.

[steve46 12]

So I guess I will just say this...worrrying about the nominal time frame is what retail traders do, as if the time frame offers some edge.....it doesn't...

 

I use two time different time frames and it is the offset between the two that provides part of my edge...I leave it to others to do the research...

 

Good luck folks.

[jpennybags 11]

one of my chart uses 102 minutes. I am sure you have never heard of that either.

 

Tams,

 

Curiosity has gotten the best of me. Respectfully... why 102?