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Testing Simulating Continued 01-09-2012

01-09-2012 Trade

For statistical purposes I was taken out +1. However I do have my own computer now running with the chart and sim as well.My fill was 12314 (Bill's was 12315)

I have had Bill change his settings so he gets filled at Bar Close Price (he was getting filled at +1)

When ID passed above 90 I had Bill bring up his stop (as did I) to BE+1 - Bill was taken out +1 and I was still in. Price hit 12316 on the pullback before popping to the MurreyMath. I was taken out at 12324 (the MurreyMath) for 10ticks when I followed price up with my stop.

For statistical purposes we will say today's trade took +1 as this was the trade in the trading room.

Testing Simulating Continued 01-06-2012

Though I wasn't live in the room today I will post the First Valid signal.

January 6,2012 Trade:

As I noted yesterday in the first countertrend that took me into a reversal and double stop out in bottom trend consolidation EOTTA and Gvalu were both strong. This was the case again this AM, the difference - GVALU stopped plotting within 2 bars of the entry signal today confirming the potential reversal. This alone may be a money management tool I can utilize on these 1st countertrend trades. I will have to continue to make note throughout Sim Testing.

Testing Simulating Continued 01-05-2012

Today was a great learning day for my auto-strategy entry trigger.

Not only do I need to implement not getting in if TA is above 95 on a counter trend trade, I also need to add a filter so I am not reversed into the end of a trend.

My rules currently state that if I am entered at the end of a trend with EOTID low (and TA high) - I exit immediately and for record purposes this is -2ticks. Today I was a little flustered during testing because I wasn't expecting to be reversed in to this from my trade so I did not implement this rule and ended with -10 ticks on the second trade after losing 28 ticks on the first before reversal.

In a full discretion setup I would not have jumped in with EOTTA so high (will have to see how I can filter this) as I prefer to see some breakage in this indicator confirming that the trend could be done. I would also not have jumped in short unless Hi-Jacking and with a Hi-Jack entry would have been sooner at a better price capitalizing on the double bottom/lower low.

Apparently there was some news that dropped the market at 10 to new lows, bottomed at MM and popped back. Because it dropped to new lows (regardless of the reverse signal) I would have been taken out either way. In this case I remained in the first trade because ID was still low and until the big push with reversal had not confirmed strength in either direction yet. TA was falling, albeit slowly from 99 - 95.5%.

Generally I Do like the counter-trend trade but I like to see that there is a bottom and that EOTTA is giving up its strength. In the case of my trade it was at 99% and fell to 95.5% before going back to full strength for the last leg down. Gvalu was also plotting at the time of entry and continued to do so - usually it will stop plotting within a couple of bars (as it did on the 2nd signal). This may be a filter I can implement going forward.

The beautiful part of sim testing is that you can see how things act live as you take the signals and work with potential tweeks that should increase the probability of success when you go live.

Testing: Simulating Start: 01-03-2011

Today was the first day of simulation testing (live in the room with Bill)

Though Price did eventually break and fall - it would have been an hour of excruciating sideways consolidation that neither went for or against me more then 10 ticks. I took my 2 ticks and called it a day.

Testing Simulating Continued 01-04-2012

Today's Trade +14 ticks

Total since Sim Start January 3, 2012: + 16 Ticks

Shelly's 1 Trade A Day Plan Chart Template

Anyone wanting the Shelly's 1 Trade A Day Chart that I am using - it's on the forums

Today's trade was in the Room and the trade netted 14ticks... will post chart pic shortly.

Testing Research Continued 12-27-2011 to 12-30-2011

More of the same this week - which amounts to NOTHING!

So So glad that this was holiday time!

Testing Research Continued 12-21-2011 to 12-23-2011

I knew there was a reason that I take these two weeks off.

There were signals but from the 21st until the 30th on the days market traded... I would not have had one single valid entry signal in the first hour. Does this mean I have to re-evaluate my entry? Probably not... the lack of volume over the holidays probably was the culprit. Either way... I will continue as I have been and view this again in a couple of weeks...