Journey of the ES - Wannalearn12

[LeMercenaire]

So, anyway - this is why I didn't like the set up, lol. You should have hopefully done ok on the straight break, Wanna.

US500H1asegforWanna2guessnot13thMarch17.png (30.24 KiB) Viewed 2695 times

[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 .

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

Yes..that is always an option ,but ,I have not looked at any stats for that .My plan for the ES is 1 trade , 1 point per day ....

[wannalearn12]

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?

Yes..that is always an option ,but ,I have not looked at any stats for that .My plan for the ES is 1 trade , 1 point per day ....

Good plan, I like that plan! Unless you have a loss. then need to make some money back and smack it for daily range with bigger position.

[wannalearn12]

Got 1 point - slipped a tick, though - bastards! Might sell this puppy.

[wannalearn12]

So, anyway - this is why I didn't like the set up, lol. You should have hopefully done ok on the straight break, Wanna.
US500H1asegforWanna2guessnot13thMarch17.png

That straight break was pretty sweet. Is it turning around? Daily pivot is at the bottom so it may swing to s1

[dchappy]

Small range today ,but was able to get the 1 point (just barely

[LeMercenaire]

Playing it straight, without bias, my day would have brought a failed WZ short, countered on the break north. If...but...maybe

US500H1DeadZone13thMarch17.png (28.45 KiB) Viewed 2635 times

[LeMercenaire]

Wanna, Wanna, Wanna - you got this, right? Please tell me you got this...

US500H1DeadZoneforWannaSell+bias-maybe-14thmarch17.png (27.5 KiB) Viewed 2597 times

[wannalearn12]

Wanna, Wanna, Wanna - you got this, right? Please tell me you got this...

US500H1DeadZoneforWannaSell+bias-maybe-14thmarch17.png

Margin - called - I got short at 262 and then unloaded when it pulled back with some muscle. Brokers will always win these wars.

[dchappy]