December 20, 2011 Trade:
New Total:
295 - 17 = 277 / or 304 - 17 = 286
or 721 - 9 = 712
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December 2011
December 21, 2011
Testing Research Continued 12-19-2011
December 19, 2011 Trade:
December 20, 2011
Testing Research Continued 12-16-2011
December 16, 2011 Trade:
Testing Research Continued 12-15-2011
December 15, 2011
Testing Research Continued 12-14-2011
Deccember 14, 2011
December 19, 2011
Testing Research Continued 12-13-2011
December 13, 2011 Trade
Testing Research Continued 12-12-2011
December 12/2011
Today's trade is a perfect example of where my discretion will keep me in vs the exit immediate rule -2. For stat purposes we will use -2 however...
I want to point out in this trade how EOTTA had been cycling to the downside all morning (in the pre-market). Price was dribbling down in a sideways choppy motion and was holding resistance and breaking support down to each MurreyMathLine. By the time my signal fired me into the trade EOTTA and ID had both cycled off the previous low but when price tried to break up it held at the 12000 price point. This resistance was too strong to break. When the entry signal fired we had an RP0 confirm and ID immediately hooked with the price break down keeping you in for the next cycle in strength. There was perfect support with both an old Plot Cycle support made a few days earlier and a MurreyMathLine within 7 ticks of each other so either would have been a decent place to exit.
December 11, 2011
Testing Research Continued 12-09-2011
I was again testing my automated entry as I want to be sure it is firing correctly before starting my simulation forward testing.
Sadly it fired off 3 trades and only 1 actually met my criteria. I will post each trade as examples but only the second strategy entry met my criteria including the signal with Bid/Ask above or below 1200 and EOTID below 50. The EveryPush also confirmed in neutral.
First Strat: fired pre-market and as the DOW30 doesn't start working correctly until market open it did not confirm.
Second Strat: Fired and exited at the MM with EOTID & TA above 90
Third Strat: DOW30 did not meet criteria.
December 10, 2011
End of Trend some examples...
Over time I get the most questions on EndofTrend and better explanation on how it works.
This most recent request had me decide to copy the information I gathered for our member to share with everyone else.
Attached are the main examples of EOTID (red line) and EOTTA (blue line)
What you want to remember is that the EndOf Trend Indicator is based on the incoming strength of the market at the time of price movement.
If your receive a signal and price moves in the direction then Endof trend cycles up it is confirming that price is moving on strength. If the End of trend stays low in neutral territory and does not confirm strength know that chances are price will hit an area of support or resistance and bounce back to where it had come. If Price moves against your signal and EndofTrend confirms the strength behind the opposing direction - chances are you will be stopped or chopped out. Watch for divergence on double tops and bottoms where EndofTrend is showing less strength into the second price hit. This usually means an area of support or resistance has been hit and signals in the opposite direction have a higher probability of success. This indicator can keep you out of low probability setups as well as get you out of probable failures.
If you have specific examples that you want me to go over for you post them on our forums under Shelly's 1 Trade a day Plan
End of Trend is a mainstay to my trading plan on taking profits and money management. Having good examples of what it is doing with price will help us all to improve our profit margin.
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