[Dogpile]

thumbnail attached

[TinGull]

Maybe I'm confused...but how is being 43 ES in the hole giving you only 540 bucks loss?

[Dogpile]

uh, no I am confused... was doing it x 12.50 (tick) rather than $50.00 (point)... will update

too caught up in details, trees for the forest thing.... you know what I mean

[Dogpile]

ES -43.25 pts x 50.00 x 1 contract = -2162.50
NQ +32.75 pts x 20.00 x 2 contracts = +1310.00
ER2 +30.70 pts x 100.00 x 1 contract = +3070.00

net = +$2217.50

[Dogpile]

got a buy signal on RUS today at 818.40.
will get buy signal on ES today if touches 1543.50.

I have done a lot of studying and created some new strategies based on the same underlying principle here which I will be trading in a real account starting 10/1. I have 2 filters and set some limit orders to exit trades which greatly increases the expectancy. Also, I will only be trading the long side with this strategy. For the short-side, I will rely on my primary trading account to make money there. I just don't think this concept is valid for the short-side -- or I should say, it is less valid on the short-side and there are better strategies for the short-side. For the long-side, 'range expansion off of opening price' is awesome. I have my own concepts which I believe in for the short-side, which I will trade on a discretionary basis. Thus, I am going to stop this thread here as I have changed the strategies and this forum has served its purpose for me.