responsibletrad8r

responsibletrad8r

like last upswing with the double bottom entry now its time to look for exiting the TRX position

responsibletrad8r

the nasdaq buy after pullback to 50% level or the live cattle by opening range breakout strategy generated the most profits Risk to Reward Ratio on Nasdaq 8 and on Live Cattle 16 Exits at the end of session or if prices goes below 18 sma As you can see from backtest these strategies are highly profitable, of course you have to use money management and dont buy...

responsibletrad8r

another entry was below the inside day of last wednesday now i am trailing the stop to get out of the short position above prior days high.

responsibletrad8r

looking for prices below 1350 after some nice inside bars short setups

responsibletrad8r

and this strategy is the UT BOT strategy combined with trendline breaks. as the strategy triggers entry signals on breakouts make sure to get into a position with lower risk (e.g. when volatility is again lower) but overall as you can see from backtest 50% profitable it generated 13000 $ on 1 BTC for the last 100 trades...

responsibletrad8r

and lower risk by trading a specific market, think about how you are missing out, how you are giving away money, then turn that around and you are the one that is taking money from other traders

responsibletrad8r

most important i created a DOLLAR risk box, that shows me in realtime the current RISK (dollar risk = range of last bar or distance to swing high for shorts distance to swing low for long) this way i only have to wait for price to get to a double top and then enter with the amount of contracts the box calculated with a 2% risk on a 10k account this way too...

responsibletrad8r

new short trades that might become swing trades: bitcoin and S&P 500 short

responsibletrad8r

market cipher indicator on 5 min chart gave perfect entry signals...

responsibletrad8r

pretty short opening breakouts on natural gas and palladium. lets always short the weakest markets ... there are also plenty of other markets that triggered short signals including nasdaq, gold and euro but be aware those are high risk setups, markets go down and then jump right up again, better stick with the trending markets and exit prior to big news releases...

responsibletrad8r Updated 

Moved the stop to breakeven for those pullback to 50% level long trades

responsibletrad8r

on RB gasoline the trailing stop is below 18 sma. Opening breakout trade on monday first 30 min bar was good for a re-entry to the long swing trade...

responsibletrad8r

Market cypher indicator already triggered a long entry on the 7 min chart. Now i am Waiting for a blue pinbar to go swing long bitcoin above 18 moving avg

responsibletrad8r

Started with fridays short setup on natural gas and a open long move on nasdaq that got stopped out in profit. Now waiting either for reversal or trend continuation.

responsibletrad8r

if price is in sideways or uptrending market the percent R indicator provides clear entry spots. Now I am still long on nasdaq and S&P 500 with a trailing stop below fridays low.

responsibletrad8r

My first question would be: which futures market should i trade next week? The answer must have been SHORT soybean oil, low risk high reward when you enter in trend direction. My second question would have been: when to take profits?: an Ai will always give you this answer: when the exit condition generated the most profits in the past, which was in case of...

responsibletrad8r

I am using the entries as setups: waiting for next session opening before entering Of course no short entries above 200 ema line

responsibletrad8r

On Monday 15 may it was clear that nasdaq is the strongest futures market on the daily chart so entering on an openingrange breakout to the long side was a nobrainer. For the short play consider this: It basicall does not mater if gold goes down, palladium is more bearish so lets play metal short with the palladium instrument and long gold (if there is a setup in...