Journey of the ES - Wannalearn12

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Re: Journey of the ES - Wannalearn12

Postby LeMercenaire » Fri Sep 21, 2018 7:14 pm

Oh yeah. The Witching Hour-into-Train-Tracks was / is run on EJ and EG, occasionally UJ but The Frankenbreak is ONLY run on EG.

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Re: Journey of the ES - Wannalearn12

Postby Mira » Sat Sep 22, 2018 10:49 am

LeMercenaire wrote:Sorry, guys. Didn't see the conversation starting or I'd have jumped in earlier.

The play you're talking about is actually named The Dead Zone. This zone is an extension out from the hour preceding the US Open, so for me that is the noon - 13:00 candle. You play that zone as a WZ trade, either as a break of the extreme or (my preference) as a move back into the body.

I took a long time to sort out which pairs work best for this, it is not random, with the group updating and morphing as time moves on, with markets changing.

I got the list up to eleven and that amount is manageable. In fact, that group was smaller in practice, as spreads often are unworkable, which is a pity, as in a couple of cases, those pairs were actually the best suited.

As an aside, the pairs were chosen as they all shared the same kind of movement and behaviour.

However, as time has gone on, the best performers have come to the fore. These are (in order) UC, EJ and AU.

If you can only run one - and I have a friend who specialises in this - then run UC. It genuinely is like clockwork. Money in the bank.

Off the top of my head - the Dead Zone computer is off - the pairs I ran originally were: UC, EJ, AU, GU, UNok, CJ, UJ, GOLD, S&P, GN and EG. I think.

The ones that really don't pan out due to spread, are GN and UNok. Such a shame, as they are fantastic.

Since then, I have contracted the list on a general day-to-day basis. I haven't actually dropped any, I just added some that now work and only use the others if there are no better options.

UC is always checked first.

Added are DAX (surprise, surprise), Platinum, Russell2000, EA, UCNH and FTSE.

Now, it is no coincidence that these pairs - and I've no doubt that I have missed some out - are near enough the same as those I use for the BZ set-ups I run.

Ok, so that's that established. Now for the added colour...

When Wanna and I hung out over this particular fence, he also ran my Witching Hour (it suited him, being Texas-based) and as he also liked my Frankenbreak (which killed him time-wise, as it ran before the Frankfurt Open into the UK Open), we ended up combining the two concepts into one mutant method, TrainTracks, which was developed specifically to run on the ES. This is what you are looking at for his method here. It is basically a variant of the BZ entry (he looks for +1 / +2 pips).

So, you can see and appreciate that there have been a lot of developments to the base method(s) since the start of the thread - including my binning the use of the Sema.

What I do now, is use S+D to give me my bias. I am looking for the Dead Zone to form with an S or D Zone running alongside. This means I will look away from UC more often than I did in the past.

TRO built me a custom indi for this with all sort of bells-and-whistles but it is based off of the HL5 indi (I think, I'll check) and that will do the job.

The actual subtleties of managing the trades are another post entirely - as they involve counter trading and unwinding of locked in ''bad'' trades. This has been messed with by the ESMA s**** but in fairness, you can run it without having to counter.

Anyway, I'll leave it at that and brace myself for the questions! :D


Thank you LeM!

It looks complex :D
I like the idea of diversifying with an other strategy, and I like the idea of having a specific hour to do this, with a specific target etc.

I don’t know if understood right:

- dead hour (since it's a dead hour we know that usually price will move at least, in the s&p case, one point from the breakout in the next bar)
- use a sema to have a bias = added value
- on a lower time frame (let’s say 5 min?) you trade it as a WZ -> i thought that the WZ was just a zone, not a trigger.. :?
- where do you place the stop loss?
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Re: Journey of the ES - Wannalearn12

Postby Mira » Sun Sep 23, 2018 11:35 am

LeMercenaire wrote:Oh yeah. The Witching Hour-into-Train-Tracks was / is run on EJ and EG, occasionally UJ but The Frankenbreak is ONLY run on EG.


I was going to read some more about it on FF but then i saw that you have 11,012 posts on that board :shock:

I feel like i'm giving up on the Dead Zone :lol:
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Re: Journey of the ES - Wannalearn12

Postby LeMercenaire » Sun Sep 23, 2018 11:48 am

Mira wrote:
LeMercenaire wrote:Oh yeah. The Witching Hour-into-Train-Tracks was / is run on EJ and EG, occasionally UJ but The Frankenbreak is ONLY run on EG.


I was going to read some more about it on FF but then i saw that you have 11,012 posts on that board :shock:

I feel like i'm giving up on the Dead Zone :lol:

Lol. Don't worry about it, I will do a round-up post on it here. It's really not that complex of a set-up.

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Re: Journey of the ES - Wannalearn12

Postby Mira » Sun Sep 23, 2018 9:17 pm

LeMercenaire wrote:
Mira wrote:
LeMercenaire wrote:Oh yeah. The Witching Hour-into-Train-Tracks was / is run on EJ and EG, occasionally UJ but The Frankenbreak is ONLY run on EG.


I was going to read some more about it on FF but then i saw that you have 11,012 posts on that board :shock:

I feel like i'm giving up on the Dead Zone :lol:

Lol. Don't worry about it, I will do a round-up post on it here. It's really not that complex of a set-up.


Thank you LeM!
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Re: Journey of the ES - Wannalearn12

Postby Mira » Tue Sep 25, 2018 10:44 am

I’m reading the thread and the method looks very good.
However there are things that I don’t get.. :|

Or it’s just that everybody is trading it differently lol.

DC is looking for a break of the O/C line, in this case we don’t need a sema-bias, is it right?
LeM is trading the lower timeframe and using the O/C (or H/L) as points of interest.

Then I found that the stop loss has been replaced with a hedging strategy, but I didn’t understand how to reverse that loss.

I still have a long way to go I guess :lol:
I like the idea of taking the O/C breakout in the DC style by the way, it looks like he’s doing one point everyday effortless :shock:
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Re: Journey of the ES - Wannalearn12

Postby dchappy » Tue Sep 25, 2018 2:52 pm

Hi Mira , Don't make it harder than it is ..I draw a line at the open & close of the UK lunch hr (12:00 to 1:00 ) .Then I switch to a 5 min or even 1 min chart to enter .I'm using a 40 ma which is a simple way to show the AO or MACD cross .That is my only bias .I will usually lock in 1 pt and hold until price begins to stall .I only trade the ES now and rarely more than 1 hr / day . Hope this helps . My stop is usually the opposite line or about 2 pts .
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Re: Journey of the ES - Wannalearn12

Postby Mira » Tue Sep 25, 2018 6:36 pm

dchappy wrote:Hi Mira , Don't make it harder than it is ..I draw a line at the open & close of the UK lunch hr (12:00 to 1:00 ) .Then I switch to a 5 min or even 1 min chart to enter .I'm using a 40 ma which is a simple way to show the AO or MACD cross .That is my only bias .I will usually lock in 1 pt and hold until price begins to stall .I only trade the ES now and rarely more than 1 hr / day . Hope this helps . My stop is usually the opposite line or about 2 pts .


LOL less than 1hr at day with SIZE, that’s a trading goal DC! :smt007

Thank you for the explanation, I’m going to build a plan based on the info shared.
Let’s see if I can make it too 8)
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Re: Journey of the ES - Wannalearn12

Postby LeMercenaire » Tue Sep 25, 2018 11:59 pm

Hi guys.

You seem to have sussed things out without me getting involved, so I won't muddy the water unless any more clarity is needed.

Basically, the Dead Zone method uses the one hour candle from noon to 13:00 uk time as your range and no matter which variant you are going to use, you are looking to take advantage of the movement that comes at the US Open.

The ES does behave slightly differently to the other FX pairs and in fact, because of this quirk, it lends itself more to DC's take on Wanna's Tramlines, going in heavy for the +1. This in turn, grew out of the Buy Zone concept.

With The Dead Zone away from the ES, yes, I do have more involved but equally, you can do the same thing there if that suits you better. In fact, as I mentioned above, it is no coincidence that the pairs I have on my watch-list for The Dead Zone are near enough the same ones that I was running in the trial for the Buy Zone Revisited I had on the other thread.

I run it as a Wick Zone set-up, that is I use the upper and lower wicks (of the one hour candle) as micro Supply + Demand Zones. I will then trade that extended range, including its two zones, out into the day. The move does not have to come immediately.

If the initial entry goes negative before any profit is taken, then a counter-trade is entered. That locks in any negative as a ''floating loss''. You can leave it like that till the end of time and it will never get any worse (swaps not included if they were to come into play).

I will then either leave it till I get another pure trigger entry - which could be the next day - or I will look to unwind that negative by scalping it away. I use my stand alone scalping method to do that.

For those not able to run large accounts or who have stuck to European brokers in general, the ESMA regs have kind of put a dampner on that, as the ability to run more than a couple, maybe three, trades at the same time has been severely hobbled. However, with a little bit of jiggerey-pokery, it is perfectly possible to run this without counter-trading.

To be honest, when traders first come to the method, the aspect they find the most difficult to get their heads around is the countering. I think maybe you need to have a certain brain wiring loop to like using it and to just ''get it''. I dunno.

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Re: Journey of the ES - Wannalearn12

Postby LeMercenaire » Wed Sep 26, 2018 12:09 am

Oh yeah - and on the method, I am targeting +5%.

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