Journey of the ES - Wannalearn12

[LeMercenaire]

I've got a Sell sitting on the active bar at the moment (H1), coming at the end of a long upward move. (11.44 uk).

[LeMercenaire]

The Sell didn't last as the candle closed and so the set-up reverted to a Buy. This brought a successful WZ move North out of that trigger bar. After that bar closed, we got a Sell, printed and fixed and for me, that gave a clear signal to go short as the move reversed.

[LeMercenaire]

The Sell didn't last as the candle closed and so the set-up reverted to a Buy. This brought a successful WZ move North out of that trigger bar. After that bar closed, we got a Sell, printed and fixed and for me, that gave a clear signal to go short as the move reversed.

Here's what it looked like after the fact.

US500H1DeadZone10thMarch17cw3ZZ.png (32.06 KiB) Viewed 2725 times

[wannalearn12]

Today was fun :p. Got my basket full

[LeMercenaire]

Today was fun :p. Got my basket full

Don't hurt your back carrying all that cash to the bank

[dchappy]

Quick $ Dirty Stats ::(for what its worth ). For the last 100 sessions ,using the H1 open and close as the trigger (8:00 bar EST ). And taking Only 1 pt.(allowing 1\2 point for slippage ). I calculate 82 wins - 13 losses .This is taking the trigger as a buy zone type trade , using no bias . After the first 1-2 points the win rate drops ,but using a bias of some type (semafor ,etc.) would probably help .I have wanted to get back into ES trading and this appears to be a good option .

[LeMercenaire]

Quick $ Dirty Stats ::(for what its worth ). For the last 100 sessions ,using the H1 open and close as the trigger (8:00 bar EST ). And taking Only 1 pt.(allowing 1\2 point for slippage ). I calculate 82 wins - 13 losses .This is taking the trigger as a buy zone type trade , using no bias . After the first 1-2 points the win rate drops ,but using a bias of some type (semafor ,etc.) would probably help .I have wanted to get back into ES trading and this appears to be a good option .

Would there be an option to counter trade if the first move failed?

[LeMercenaire]

Looks like there's a whole lot of nothin' going on with the market just now - expected I suppose, as US not awake yet. Last major bias was sell (on H1). Since then there has been three minor direction change signals (2 on the 10th, one today on the open candle).

[LeMercenaire]

Wanna - are you adjusting your set-time for the clock change?

[LeMercenaire]

Looks like there's a whole lot of nothin' going on with the market just now - expected I suppose, as US not awake yet. Last major bias was sell (on H1). Since then there has been three minor direction change signals (2 on the 10th, one today on the open candle).

(For me), I ended up with a mixed signal, with a minor buy countering the major sell from earlier.

As a result - small WZ trade south? Don't like it though.

US500H1assmallWZsellmaybeforWanna13thMarch17.png (29.72 KiB) Viewed 2730 times