Pull ya DAX up!

[CanOz]

Regarding Range days...

This is a custom indicator that i had coded for me, i call it TPO momentum.

Each dot represents the 'most agreed to price' as defines by auction market theory, market profile. On the histogram, you can see the difference between each dot plotted. When difference between them is the least for the longest, is typically when you have the range days. In other words, the market is trapping participants, then they hits the exits...

 

[Trembling Hand]

And again!

 

[ThingyMajiggy]

Anyone noticed the nasty sell bot that is doing these push downs. Stuffs the levels behind nesting orders on the second best and above offers. Then jumps down 1 with icebergs and drops the offer if anyone jumps in front.
f'n nasty........ unless you are with it!!

View attachment 64438

Yeah saw that bugger earlier! Hadn't seen that one before, nasty indeed.

 

[ThingyMajiggy]

Regarding Range days...

This is a custom indicator that i had coded for me, i call it TPO momentum.

Each dot represents the 'most agreed to price' as defines by auction market theory, market profile. On the histogram, you can see the difference between each dot plotted. When difference between them is the least for the longest, is typically when you have the range days. In other words, the market is trapping participants, then they hits the exits...

It looks like it's just a dot on the close of each bar? So the histogram would be plotting the differences between the closes?

 

[CanOz]

It looks like it's just a dot on the close of each bar? So the histogram would be plotting the differences between the closes?

No, quite often that point is near the close, the dots are scaled quite large...

 

[ThingyMajiggy]

No, quite often that point is near the close, the dots are scaled quite large...

Ah ok cool, looks interesting! Thanks for sharing

 

[Trembling Hand]

Sam I have been playing around with the 'other' Euro indices this week just for a bit of a look. I gotta say you would be better off playing with them. The correlation to the DAX is just about 1 and they are much smaller. So you are going to get the same setups and actually be able to trade them with a reasonable size account and daily stop.

I have not really looked at the CAC before but its a beauty. @ 5 EUR a tick (10 EUR a point) and an ATR at just under 1/2 the size of the DAX its much more realistic proposition to be trading. You would be looking at a generous daily stops around 250-300 rather than a tight DAX stop of 1000-1500.

The chance of you building up $$s to trade the DAX will be 3-4 times longer than the CAC or EURO STOXX.



CAC are monthly contracts.

 

[ThingyMajiggy]

Sam I have been playing around with the 'other' Euro indices this week just for a bit of a look. I gotta say you would be better off playing with them. The correlation to the DAX is just about 1 and they are much smaller. So you are going to get the same setups and actually be able to trade them with a reasonable size account and daily stop.

I have not really looked at the CAC before but its a beauty. @ 5 EUR a tick (10 EUR a point) and an ATR at just under 1/2 the size of the DAX its much more realistic proposition to be trading. You would be looking at a generous daily stops around 250-300 rather than a tight DAX stop of 1000-1500.

The chance of you building up $$s to trade the DAX will be 3-4 times longer than the CAC or EURO STOXX.

View attachment 64446

CAC are monthly contracts.

Yeah good thought, have never looked at the CAC but have wondered what it was like, will look into it

"For a bit of a look"? Or is Risk giving you a hard time to switch to something else to minimize on the heart failures they're having watching you trade it?

 

[ThingyMajiggy]

Weekly summary:

+655 ticks on DAX.
45 trades.
Win rate 76%
Average winners > average losers
Biggest winner > biggest loser.

Was busy Friday so didn't trade.

I think I went okay, but considering how much was available I definitely missed out on some, there was definitely at least 2 big winners I missed out on and had some silly moments, dug some small holes when I lost a little patience and jumped in ahead of it screaming for me to, or trying to anticipate a pattern that didn't actually eventuate.

But on the flip side I had some really great trades, good entries and held for most of a move. I need to continue working on the patience, go easy on the trigger and although I did have a couple of good ones where I held on, I feel I need to do this more, have enough guts to follow through with my broader ideas for how the day might play out.

 

[CanOz]

Weekly summary:

+655 ticks on DAX.
45 trades.
Win rate 76%
Average winners > average losers
Biggest winner > biggest loser.

Was busy Friday so didn't trade.

I think I went okay, but considering how much was available I definitely missed out on some, there was definitely at least 2 big winners I missed out on and had some silly moments, dug some small holes when I lost a little patience and jumped in ahead of it screaming for me to, or trying to anticipate a pattern that didn't actually eventuate.

But on the flip side I had some really great trades, good entries and held for most of a move. I need to continue working on the patience, go easy on the trigger and although I did have a couple of good ones where I held on, I feel I need to do this more, have enough guts to follow through with my broader ideas for how the day might play out.

Well done Sam, that's a stellar result. 8100+ Euro's. I've not had a month like that, let alone a week.

 

[Gringotts Bank]

Thing, is that approx AU $13000 profit in a week?

 

[ThingyMajiggy]

Well done Sam, that's a stellar result. 8100+ Euro's. I've not had a month like that, let alone a week.

Thanks mate

Thing, is that approx AU $13000 profit in a week?

Yeah around that.

Forgot to mention in my weekly summary that I traded with a 1 lot.

 

[Gringotts Bank]

I wouldn't mind having a look.

Can anyone whack up file of DAX EOD data, as a continuous contract please? (or link to said same)

 

[CanOz]

Thanks mate



Yeah around that.

Forgot to mention in my weekly summary that I traded with a 1 lot.

I'm guessing you're not trading with a 50 k account from previous discussions, so that return is likely 50-100% on your real account or a different % on your sim account.....

 

[skc]

I wouldn't mind having a look.

Can anyone whack up file of DAX EOD data, as a continuous contract please? (or link to said same)

Wouldn't mind having a look? Why? Because someone made $13k in a week on it?

Every market has someone making $13k on it in a week. From penny stocks to large cap, from spot gold to orange juice futures, from fine wine to bitcoins... hardly seems like a reason to jump in?

 

[barney]

Weekly summary:

+655 ticks on DAX.
45 trades.
Win rate 76%
Average winners > average losers
Biggest winner > biggest loser.

Brilliant stuff Sam. Whatever edge/edges you have discovered it looks potentially life changing to me

 

[Gringotts Bank]

Wouldn't mind having a look? Why? Because someone made $13k in a week on it?

Every market has someone making $13k on it in a week. From penny stocks to large cap, from spot gold to orange juice futures, from fine wine to bitcoins... hardly seems like a reason to jump in?

My thinking was that I'd watch what Thingo is doing and try to create rules and systematize it/backtest it. First using daily data. Then if that worked, intraday.

I'd try the same with anyone making big money and posting their trades online.

 

[ThingyMajiggy]

My thinking was that I'd watch what Thingo is doing and try to create rules and systematize it/backtest it. First using daily data. Then if that worked, intraday.

I'd try the same with anyone making big money and posting their trades online.

I'm not posting my trades online, just my summary after each day/week.

 

[ThingyMajiggy]

+106 ticks on DAX.
3 trades, all winners.

Going to cut it short tonight so that will be all for today

 

[ThingyMajiggy]

+219 ticks on DAX.
7 trades, 1 loser.

Not trading so well tonight, having brain farts all the time. May do more later, will see how time goes, exciting few days on the markets though lately!