Good EMA8 and EMA20 angles, candle touching EMA8 and S4 support was crossed.
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FESX short 2524 +4 ticks at 10.25 AM
By mjose | Filed in Trading JournalFESX long 2539 +4 ticks positive
By mjose | Filed in Trading Journal
In the morning i prefered dont risk me to enter before S2 was crossed because it was ranging last day in this zone, but when S2 was crossed it was too late to enter because EMA8 was too far, later it was ranging and EMA8 was flat until US open, at 17h. i enter long at 2539, R1 was not still clearly passed but i decided to enter because i have still space upto ATR bands.
- A fantastic strategy trading. You remenber "less is more" Mies Van der Rohe.
FESX 2539 long +4 ticks positive
By mjose | Filed in Trading Journal
At 9:31 AM we have another opportunity but, checked that Euro futures was falling very fast and it will make eurostoxx fall too and i avoid that trade. This is the difference between discretional trading and automated systems, sometimes we use our intuition, or any other instruments information when we have doubts when trend is not very strong.
FESX no trades chopping day and 1 trade missed in the US session
By mjose | Filed in Trading Journal
Almost all day was chopping, from 15.51 candle was all an appropiate moment to enter except because it ATR bands was being touched already and i am not sure we was leaving from the choppy market still, so i prefer to wait to the next wave, next signal come at 17.08 candle, but i missed that trade because i prefer to open positions always a tick before and when it was at 2586 i put a my buy limit at 2585 where the its the yellow arrow, but order was not filled and i missed that trade.
FESX +8 ticks with perfect conditions to enter
By mjose | Filed in Trading Journal
In the morning i have another opportunity to enter at 9.30 but i prefer to wait until reach R1, in the afternoon i got another 4 ticks under perfect conditions too. After that and reach my daily limit of 8 ticks i prefer to leave from the market.
I saved the video of my last trade in my new youtube channel:
- I will do at same times as FESX London Open and US open sessions. I dont need to use level2…
- And why do use a 4 tick chart for the FESX? Did you try any other? Sry, lots of questions...…
- Yes I understand. Do you want to trade ES during regular trading hours, or also off hours? For the EUREX,…
FESX 2543 long +4 ticks but i should wait to pass R5 resistance to have more probabilities
By mjose | Filed in Trading Journal
It was very near from my stop at 2439, it was choppy from the morning, it think i should be wait until it had passed the R5 resistance, but finally i got 4 ticks! the bar still very near from EMA8 so i could have wait and get at leat 4 ticks more, it continued trending up.
In the morning at 10.57 AM i had a perfect opportunity but i was distracted and missed that trade. Anyway at 11 AM was news: ZEW economy sentiment report and its better dont to trade 5 minutes before or after the report.
No trades today, almost all day FESX was moving in ranges between S1 – S4
By mjose | Filed in Trading Journal
- Los indicadores mas importantes son SMA y EMA, que se encuentran ya en Ninjatrader, para el angulo de divergencia no…
- Hola. ¿donde se pueden conseguir los indicadores que usas?
FESX 2528 long +1 tick positive with wrong trade: incorrect bar color, ATR range reached, R2 not passed
By mjose | Filed in Trading Journal
I arrived too late to the party, i was moving to Malaga
In this trade i entered long at 2528, but i missed to enter in the green bar (17.00), desesperately i entered in the red bar, when already was falling (big ERROR),it was more than 5 minutes in range of indecision moving between 2528 -2529, i decided to leave with a tick and avoid lost this trade. I noticed later 2 more reason to avoid this trade: ATR range has been reached and R2 camarilla pivots was not passed
Non-farm employment change was again positive for the USD, was a good opportunity for the 6E.
- jeje yo también soy de Cordoba !! buen sistema por cierto..
- Precisamente por eso porque es mas lento y este sistema necesita mucha practica para aprender a tener la habilidad de…
- Hola vi tu mensaje en xtrader y me gustaria que me explicaras porque trabajas con el eurostock teniendo otros mercados…
FESX 2524 long -5 ticks negative wrong trade before 8.30 and R1 not reached
By mjose | Filed in Trading Journal
Althought last day FESX was trending up, new day is another history, and At the first hour of the day, i think its too soon to see where will go the market, so i think i should wait a little bit until some camarilla levels has been passed. FESX and 6E was ranging this morning, so no trades should be taken.
I entered long at 2524 about 8 AM, anyway it was too late, we have better probabilities when we enter at least in the middle of the candle. In addition i notice later that R1 camarilla levels was not passed.
i thin the party will begin from 14:30 we have lots of reports…
FESX 2480 long +5 ticks positive
By mjose | Filed in Trading Journal
I should see camarilla pivots and see once we pass R4 we it should reach R5.
