I intend to concentrate on re-writing my trading plan from scratch. P&L is clearly very powerful but I find bits of it hard to describe some things definitively as an example "enter when flow shifts on LTP"
N.A.
Search found 709 matches
- Wed Nov 19, 2008 9:26 am
- Forum: DG Trading Systems and Signals
- Topic: Time Periods and Mechanics
- Replies: 39
- Views: 23887
- Wed Nov 19, 2008 9:23 am
- Forum: DG Trading Systems and Signals
- Topic: Time Periods and Mechanics
- Replies: 39
- Views: 23887
Re: Time Periods and Mechanics
I have noticed that bands and 6x lines are far more valuable than nearbys in congestion.
N.A.
N.A.
- Wed Nov 19, 2008 9:22 am
- Forum: DG Trading Systems and Signals
- Topic: Time Periods and Mechanics
- Replies: 39
- Views: 23887
Re: Time Periods and Mechanics
By then the flow change should be very apparent. One problem I see there is buying the LTP dot to ET as it enters congestion dealing with FTP.
N.A.
N.A.
- Wed Nov 19, 2008 9:21 am
- Forum: DG Trading Systems and Signals
- Topic: Time Periods and Mechanics
- Replies: 39
- Views: 23887
Re: Time Periods and Mechanics
Perhaps I should wait longer and be sure that the LTP bar I am buying is firmly in support even if that means waiting for a couple more bars
N.A.
N.A.
- Wed Nov 19, 2008 9:20 am
- Forum: DG Trading Systems and Signals
- Topic: Time Periods and Mechanics
- Replies: 39
- Views: 23887
Re: Time Periods and Mechanics
This is because once it it is clear that the flow is shifted (through) support holding the price almost by definition is moving on up.
N.A.
N.A.
- Wed Nov 19, 2008 9:19 am
- Forum: DG Trading Systems and Signals
- Topic: Time Periods and Mechanics
- Replies: 39
- Views: 23887
Re: Time Periods and Mechanics
The second question about buying support is related I guess. I find if I wait for the change in flow to really exert itself or a Yes pattern to be really confirmed that it is much harder to buy the LTP support.
N.A.
N.A.
- Wed Nov 19, 2008 9:17 am
- Forum: DG Trading Systems and Signals
- Topic: Time Periods and Mechanics
- Replies: 39
- Views: 23887
Re: Time Periods and Mechanics
In a word its mechanics. Despite my analysis being reasonable I am still being whipped around. I have become better at identifying yes/no patterns and identifying flow. However I find the the flow on the LTPat HTP energy points can swing back and forth in action while higher time periods sort thems...
- Wed Nov 19, 2008 9:10 am
- Forum: DG Trading Systems and Signals
- Topic: Time Periods and Mechanics
- Replies: 39
- Views: 23887
Re: Time Periods and Mechanics
This is not intended as a criticism but the treatment of 'mechanics' and trade plans is perhaps one of the weaker areas of the material. I think one of the reasons I am finding it hard to execute consistently and profitably is that using flow can be quite nebulous as it shifts around on the LTP. Yes...
- Wed Nov 19, 2008 9:08 am
- Forum: DG Trading Systems and Signals
- Topic: Time Periods and Mechanics
- Replies: 39
- Views: 23887
Re: Time Periods and Mechanics
On a psychological level I am holding up pretty well and don't believe this (psychology) to be the root of the problem. Obviously though if you have had a couple of stops against you and your current position moves back to your entry it becomes very tempting to fold at a couple of points profit (and...
- Wed Nov 19, 2008 9:07 am
- Forum: DG Trading Systems and Signals
- Topic: Time Periods and Mechanics
- Replies: 39
- Views: 23887
Re: Time Periods and Mechanics
On to the real problem..... In a word its mechanics. Despite my analysis being reasonable I am still being whipped around. I have become better at identifying yes/no patterns and identifying flow. However I find the the flow on the LTPat HTP energy points can swing back and forth in action while hig...