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My 6E trading strategy
Started:May 20th, 2011 (12:53 PM) by cjbooth Views / Replies:178,383 / 1,177
Last Reply:October 5th, 2011 (05:22 AM) Attachments:356

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My 6E trading strategy

Old May 24th, 2011, 12:12 AM   #21 (permalink)
Trading Apprentice
san francisco, ca
 
Trading Experience: Beginner
Platform: ninja
Favorite Instrument: ym
 
Posts: 1 since Mar 2011
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Cloud

Can you tell me where to get a decent Cloud Indicator?
Thanks!
Mike

     

Old May 24th, 2011, 05:35 AM   #22 (permalink)
Elite Member
Nürnberg, Germany
 
Trading Experience: Intermediate
Platform: Ninja Trader
Broker/Data: IB/Kinetick
Favorite Instrument: CL, YM
 
PowerM's Avatar
 
Posts: 100 since Jun 2010
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IchiCloud Indicator


jimmytherat View Post
Can you tell me where to get a decent Cloud Indicator?
Thanks!
Mike

Look at #20, there it is. You have to save it in the NT indicator folder, then go the NT control center => Tools => edit Ninja Script, click on the indicator. The editor comes up, click on F5 which compiles the indicator.
After you did so it should work on your charts.

     
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Old May 24th, 2011, 05:38 AM   #23 (permalink)
Elite Member
Nürnberg, Germany
 
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cory View Post
Ichicloud with displacement = 9

Are you not running a 24/7 time template? No problem, it is only that your chart looks different than mine. I am following Charles with his setup, let us see what comes out. It seems to work fine, as far as I can see

     

Old May 24th, 2011, 08:03 AM   #24 (permalink)
Trading for Profit
aurora,il
 
Trading Experience: Intermediate
Platform: ninja
Broker/Data: AMP, zen-fire
Favorite Instrument: currency futures 6E
 
Posts: 319 since Aug 2009
Thanks: 134 given, 1,356 received

53/23 trade


cjbooth View Post
Hi, This is my 1st post mainly because if I was going to post something I wanted it to be of great value. I have been trading the 6E this way for several months now with a 73% trading accuracy trading from 3 am to 12 noon central time.

I use 2 charts a 1508 tick chart for trend and price action. It contains the indicators IchiCloud, a 13EMA and the ZIGZAG UTC indicator. Price must be making HH/HL or LL/LH and the retracements must pull back to the MA or the Cloud. I do not trade with price in the middle of no where.

I use the 377 tick to enter trades so as to minimize risk at the entry. The indicators consist of the Ichicloud,Trigger lines,ZigZag UTC,Stochastics,Keltner Channel,and Super Trend. the actual rules are bit complex but also very simple.

See chart examples below If you would like more information reply to this post or you can also find me on Skype at "lazytrader53"

I will try to each day to post my trades - direction & time. This methodology is 98% price action trading, it is as close to trading a naked chart as I think you can get. I will sometimes go the entire day without even considering what the Stochastics is doing as I have entered trades with it over 80 and short below 20. All indicators on the 377 tick are there for timing the entry not making a trade decision. If your curious no I am not entering or exiting a trade based strictly on the Super Trend arrows.

Yes the trading is subjective but is also very mechanical when you know what I look for in the setup. The 1508 chart must set up before considering the 377 for an entry. There is no fun intended when I say that I do not use Fibonnacci lines trying to guess which line will hold and the same goes for floor pivots. Again if that works for you great please continue to use it but those lines have never personally made money for me.

5/20 trades, short @ 5:52, short @8:44,long @10:17, long @12:17 all times are central and each trade achieved my goal of 21 ticks on 2 contracts all in/out - that equates to $525 a winning trade. For today a gross gain of $2100 for 9 1/2 hours of work.


Sorry for late post had a minor crisis yesterday afternoon

1. look at 1508 chart price pulls back to MA after a lower low
2. look at 377 chart entry lower high with candle closing below trigger lines & cloud easy trade

Please register to view the post attachment(s), image(s), or screenshot(s) - it's simple and free.


Please register to view the post attachment(s), image(s), or screenshot(s) - it's simple and free.


full details of methodology can be had with email to boothcj@comcast.net


Last edited by cjbooth; May 24th, 2011 at 08:05 AM. Reason: add info
     
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Old May 24th, 2011, 08:51 AM   #25 (permalink)
Trading for Profit
aurora,il
 
Trading Experience: Intermediate
Platform: ninja
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Favorite Instrument: currency futures 6E
 
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5/24 trade


cjbooth View Post
Sorry for late post had a minor crisis yesterday afternoon

1. look at 1508 chart price pulls back to MA after a lower low
2. look at 377 chart entry lower high with candle closing below trigger lines & cloud easy trade

Attachment 39115

Attachment 39116

full details of methodology can be had with email to boothcj@comcast.net


While I am waiting for something that resembles a trend I thought i would go ahead and post this one

Some will say yea so me the winners - what about the losers.

1. see 1508 chart - retrace back to MA after a higher high
2. see 377 chart entry candle closing above trigger lines out a few candles later at "red down arrows" showing candle closing back inside cloud

loss of 2 ticks - hardly a blow to your account, my initial stop loss is never allowed to get hit, which would have been if you don't get out when you should

Please register to view the post attachment(s), image(s), or screenshot(s) - it's simple and free.


Please register to view the post attachment(s), image(s), or screenshot(s) - it's simple and free.


Last edited by cjbooth; May 24th, 2011 at 08:52 AM. Reason: add line
     
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Old May 24th, 2011, 10:45 AM   #26 (permalink)
Trading for Profit
aurora,il
 
Trading Experience: Intermediate
Platform: ninja
Broker/Data: AMP, zen-fire
Favorite Instrument: currency futures 6E
 
Posts: 319 since Aug 2009
Thanks: 134 given, 1,356 received

5/24 long trade

It is one of those mornings that the realistic traders are fighting the dreamers

here is a long trade I took

1. see 1508 chart pull back to trading area after a higher high
2. see 377 chart entry bar comes off a double bottom and closes back above the cloud

A small 10 tick winner as I exited when price once again rejected a push to higher highs. it appears that is the way today is going to be

Please register to view the post attachment(s), image(s), or screenshot(s) - it's simple and free.


Last edited by cjbooth; May 24th, 2011 at 10:45 AM. Reason: correct text
     
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Old May 24th, 2011, 06:26 PM   #27 (permalink)
Elite Member
NY
 
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Platform: "I trade, therefore, I AM!"; Theme Song: "Atomic Dog!"
 
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Posts: 609 since Oct 2009
Thanks: 110 given, 365 received

what I appreciate about this thread is there really is a viable strategy listed here, instead of just someone chatting about and no substance

another fact is others are getting it, and its making a difference for them, so that's outstanding

hey, CJ, perhaps you should enter the trading system challenge, and have others take a look at it?


as far as I am concerned, its validated and proven and reasonable enough to follow on trending, non-trending, news and range bound days

that about covers the entire market place


imo

     
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Old May 24th, 2011, 06:49 PM   #28 (permalink)
Elite Member
Denver Colorado
 
Trading Experience: Intermediate
Platform: Ninja trader
Favorite Instrument: ES
 
jwdixon's Avatar
 
Posts: 110 since May 2011
Thanks: 104 given, 323 received


PowerM View Post
Look at #20, there it is. You have to save it in the NT indicator folder, then go the NT control center => Tools => edit Ninja Script, click on the indicator. The editor comes up, click on F5 which compiles the indicator.
After you did so it should work on your charts.

Thanks for the info, new to NT, took a little while but a quick note for other new users, you need to go to , My Documents, Ninja Trader, bin, Custom, then past the script.in the indicator folder....then go to Control Center....

Thanks to your post I got an indicator installed for the first time


Last edited by jwdixon; May 25th, 2011 at 12:45 PM.
     
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Old May 26th, 2011, 03:22 PM   #29 (permalink)
Trading for Profit
aurora,il
 
Trading Experience: Intermediate
Platform: ninja
Broker/Data: AMP, zen-fire
Favorite Instrument: currency futures 6E
 
Posts: 319 since Aug 2009
Thanks: 134 given, 1,356 received

trading manual & indicators


cjbooth View Post
Hi, This is my 1st post mainly because if I was going to post something I wanted it to be of great value. I have been trading the 6E this way for several months now with a 73% trading accuracy trading from 3 am to 12 noon central time.

I use 2 charts a 1508 tick chart for trend and price action. It contains the indicators IchiCloud, a 13EMA and the ZIGZAG UTC indicator. Price must be making HH/HL or LL/LH and the retracements must pull back to the MA or the Cloud. I do not trade with price in the middle of no where.

I use the 377 tick to enter trades so as to minimize risk at the entry. The indicators consist of the Ichicloud,Trigger lines,ZigZag UTC,Stochastics,Keltner Channel,and Super Trend. the actual rules are bit complex but also very simple.

See chart examples below If you would like more information reply to this post or you can also find me on Skype at "lazytrader53"

I will try to each day to post my trades - direction & time. This methodology is 98% price action trading, it is as close to trading a naked chart as I think you can get. I will sometimes go the entire day without even considering what the Stochastics is doing as I have entered trades with it over 80 and short below 20. All indicators on the 377 tick are there for timing the entry not making a trade decision. If your curious no I am not entering or exiting a trade based strictly on the Super Trend arrows.

Yes the trading is subjective but is also very mechanical when you know what I look for in the setup. The 1508 chart must set up before considering the 377 for an entry. There is no fun intended when I say that I do not use Fibonnacci lines trying to guess which line will hold and the same goes for floor pivots. Again if that works for you great please continue to use it but those lines have never personally made money for me.

5/20 trades, short @ 5:52, short @8:44,long @10:17, long @12:17 all times are central and each trade achieved my goal of 21 ticks on 2 contracts all in/out - that equates to $525 a winning trade. For today a gross gain of $2100 for 9 1/2 hours of work.


After overwhelming request for my trading methodology I decided to go ahead and post the PDf manual here and also the indicator zip files that you need other than the ones that are basic in the Ninja platform. These indicators are for Ninja trader 7

Your comments and or questions are always welcome here and by my email boothcj@comcast.net

My 6E trading strategy-my-trading-plan.pdf

TriggerLines.zip IchiCloud.zip SuperTrend.zip ZigZagUTC.zip


Last edited by cjbooth; May 26th, 2011 at 03:24 PM. Reason: add info
     
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Old May 26th, 2011, 03:39 PM   #30 (permalink)
Trading for Profit
aurora,il
 
Trading Experience: Intermediate
Platform: ninja
Broker/Data: AMP, zen-fire
Favorite Instrument: currency futures 6E
 
Posts: 319 since Aug 2009
Thanks: 134 given, 1,356 received

5/26 trade


This is 1 of 4 trades I took today which were all winners

look at 1508 chart - price must be making lower lows followed by a retrace to the MA or cloud see it does

look at 377 chart - refer to # points of interest

#1 1st retrace off the low price on the 1508 chart had not yet reached the MA, do not enter trade here
#2 move continued to retrace and move higher, Stochastics moved higher voiding the trade entry here
#3 price moved up a 3rd time this time making a double top with point #1, see the huge divergence in the Stochastics at this point. enter trade for easy 21 ticks

This setup occurs 3 - 7 times a day, each time it does and works trading 2 contracts you make $525. I'm not being sarcastic but how many of those trades do you need a day or week or month ....

Please register to view the post attachment(s), image(s), or screenshot(s) - it's simple and free.


questions welcome here or by email boothcj@comcast.net

     
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