Snarly, thinking in terms of 'R' values is very simple. I risk 12 points on each of 3 trades, therefore 12 points = R. Trade 1 makes 24...
"12,645 (short) 12,625 (liquidate) 20 points, = $100.00" Snarly, what was the R value of the trade ? I mean profit / risk. If you risked...
One more thing, many traders employ a daily loss limit, in points,$ or whatever. If you use such a limit, you know in advance that you cannot...
Beeflover, sorry to hear that you are experiencing a drawdown. Look upon your experiences as further education. Couple of observations here:...
Snarly, talking of charts, QuoteTracker is free if you use a data feed like IB. Only recently started using Quotetacker, but it's pretty good...
OK Snarly, just kidding, although we do like to complicate things sometimes. By the way, I'm on the sunny Cote d'Azur, not England. Bonne...
Eh ? When the the stochastic creep into the SPM ?
Have looked at the 3 bar SMA, but to me it would whip me out of a trade far too frequently to be of any practical use. All depends on ones...
Thanks Bearbelly, I guess I'm a bit slow ce soir. Can you tell me how it's actually calculated ? Mo
I use Quotetracker but I'm not aware of the facility to offset SMAs.
"3SMA+2 has been kicking ass all morning" T28, can you explain the +2 bit ? Mo
A great thread, with lots of information on trading using MAs and MACDs. Don't ruin it with abusive comments.
Ah spread. OK. Margin for the Dax is over four times that of the FTSE.
"Yes, I trade SB's with margin of 2 for both FTSE & Dax. ER is 0.3. It hurts sometimes." Not sure I understand margin of 2. You mean 2% ?
Thanks D. Margin on the Dax is a wee bit heavy for me.
Dunedin, OK I see the move on the Dax ftrs now, the move above the 8 SMA around 6695 when the MACD was < 0, thats the one eh ?
Dunedin, Thanks for the reply. I assume you are watching the futures charts, not the cash ? I don't trade the Dax, maybe I should. Tend...
"Although I have been using it on the ER I am in the UK and have found it works well on the FTSE & Dax. No doubt it will work on many other...
Exits are taken in stages, employing a fixed stop then progressive factor of initial risk (ie R multiple). as I say, I'm just looking at the...
Been looking at price history on indices (specifically the FTSE 100 index), looking at a 1,2,3 day breakout strategy. The idea is simple - buy...
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