Here is the way i daytrade the Emini-YM

Hi Bashir,

Would you be so kind to post the instructions for the new method that your sent out. The previous method was easier to use but the one where you actually have to look for support and resistance on your own is quite difficult. Thanks in advance.

For people who have doubt in the system I want to post today results . Trades from my automated system.

2009-03-17 10:26:15 NQM9: Quantity 2, New Buy Market Order
2009-03-17 10:26:48 NQM9: Quantity 2, New Buy Market Order
2009-03-17 10:27:00 NQM9: Quantity 2, New Sell Market Order
2009-03-17 10:31:30 NQM9: Quantity 2, New Sell Market Order
2009-03-17 10:32:00 NQM9: Quantity 2, New Buy Market Order
2009-03-17 10:45:14 NQM9: Quantity 2, New Buy Market Order
2009-03-17 10:45:26 NQM9: Quantity 1, New Sell Market Order
2009-03-17 10:45:34 NQM9: Quantity 1, New Sell Market Order
2009-03-17 10:50:36 NQM9: Quantity 2, New Sell Market Order
2009-03-17 10:50:45 NQM9: Quantity 2, New Buy Market Order
2009-03-17 11:14:56 NQM9: Quantity 2, New Buy Market Order
2009-03-17 11:15:01 NQM9: Quantity 1, New Sell Market Order
2009-03-17 11:15:03 NQM9: Quantity 1, New Sell Market Order
2009-03-17 11:15:05 NQM9: Quantity 2, New Buy Market Order
2009-03-17 11:15:11 NQM9: Quantity 1, New Sell Market Order
2009-03-17 11:15:32 NQM9: Quantity 1, New Sell Market Order
2009-03-17 14:30:19 NQM9: Quantity 2, New Sell Market Order
2009-03-17 14:37:54 NQM9: Quantity 2, New Buy Market Order
2009-03-17 14:45:11 NQM9: Quantity 2, New Buy Market Order
2009-03-17 14:52:51 NQM9: Quantity 1, New Sell Market Order
2009-03-17 15:05:02 NQM9: Quantity 1, New Sell Market Order
2009-03-17 15:08:19 NQM9: Quantity 2, New Buy Market Order
2009-03-17 15:08:51 NQM9: Quantity 1, New Sell Market Order
2009-03-17 15:10:49 NQM9: Quantity 1, New Sell Market Order

P/L(cumulative) +10.25 Win Trades 7 Lose Trades 2
Total +200 $$ minus comm..

Vit

38 contacts * $2 = $76 in commissions. Any slippage assumptions? This is the next thing I am set to test on live but you should count $5 for every tick of slippage per contract, per side... assuming 1 tick slippage per contract, per side that adds up to $190, assuming 1 tick per contract one side only it adds up to $80. Anyone has any slippage stats from live trading?

Hi Vit

What method are you trading I have been away for a while and have lost track. I started following back in November last year.

jimbo99x

I use 10m ,3m,144tk,89tk.charts. from original method,( ROOM charts).
If you was on Bashir mail list you shoul have ROOM charts. I used his excel program as example to build my own.
Vit.

Hi Vit

Sounds good

How did you put the file into excel?

Thanks for sharing

Adrian

Right.. so I finally found the will to code and test this. Bottom line is that with reasonable commission and slippage assumptions in the long run you end up either breaking even (YM, NQ) or losing some $$$ (ES, YG, E7).

Having said that, its a good algorithm for people who want to learn how to trade using multiple timeframes or want to develop their strategy coding skills.

see lots of Canadians here. someday we could gather somewhere to cheer the success.