The Volatile IBEX - a simple trading strategy..

[nkruger]

I did attach the chart after all - I've done again below. Katies just before 8am this morning - chart a bit 'hazy' Technically there is actually 3 puppies !

 

[options]

Whoops - just realised my c*ck-up... Do it in a minute. Veg.Tun + our Stoch settings excellent on the S&P this week :cheesy:

Dr SnP

Rotflmao!!!!!!

No. I meant..."Monthly meeting of C.A.P.E. (Campaign Against Puppy Entrapment) tonight at the Railway Tavern, Chelmsford (with lap dancing next door !! )

Can you post a pic of THOSE puppies!!!

Whoops - just realised my c*ck-up...

Well...ok...You can post a pic of that if you like but I think the mods would class it as porn.

 

[neil]

Bring back the "Puppies"

Come on chaps - I need my daily read of puppy adventures

 

[options]

The doctor is away on holiday at the moment Neil m8.

I just been working on settings for longer time frames.

I changed the stoch settings on longer time frames and they keep you long or short the market but of course the sensitivity goes a bit. Still get 'puppies' But they tend to be 'Jordans' with large cleavages. Not that I'm complaining of course... but it starts me daydreaming about Jordan's puppies...and I miss the trade!

Shouldn't do it. Even thinking about 'em at my age is bad for the old ticker.

I'll keep dreaming away though Neil... eh, I mean I'll keep working on the pups.

 

[nkruger]

Back off hols...

Back off my hols last night - looks like I've missed a bit of excitement in the markets these last few weeks !

How you getting on with the longer timeframes Options ? - it's something I've mulled over while lying spreadeagled being drip-fed Cava-Sangria under a big orange thing that has been made a tad stronger through carbon emmisions.....

I have been given a leg up (by means of a PM) on an interesting MACD setting, so I'm going to spend the weekend playing around with it - to see if it fits in well with the puppies. Report back soon.

Good to be back.

Nick

 

[options]

Not a great deal to report on longer timeframes then what I mentioned before.
I went out as far as 144 on the settings, and of course sensitivity goes out the window. Great for keeping you long or short the market.

I haven't found anything to better the ones we already use. So those on a longer time frame chart work equally well.

 

[nkruger]

Today, I shall mostly be trading....

Playing around with settings - I've come up with this to trade next week. Because of the inherent volatility of the Ibex, it seems that is best to STRICTLY adhere to the entry qualifications for that index.

Stoch 39 2 8 :- Trade long when blue %K comes from under 10 to over 25 and red
%D is going in the same direction (ie. UP) and vice-versa for a
short

RSi 21 :- Trade long when RSi rising, and goes over 50 (vv 4 short)

MACD 3 11 17 :- Trade long when both Red & Blue goes over Zero.

Stop-Loss :- 25 Dax, 40 Dow and 50 Ibex.

There is nothing really new in any of the strategies above but put together and used with divergence entries (Our Katies) makes it quite a winning combination.

Here's to a profitable week chaps.....

The Doc.

 

[nkruger]

Addition...

Sorry forgot to add:

All done on 3 & 5 minute charts. Did look at 10 and 15 min ones, but I wasn't happy with lag that you get for entry. A lot of people find them too volatile, but I've grown used to them....

Looking at the Dow chart for last Friday - the above settings were perfect (3 trades signalled !!) Must ring CMC tomorrow to get some retrospective trades on.

NK

 

[trendie]

just to throw something in there to monitor this coming week.

from Gettysburgs thread about using RSI extremes....
(actually, may have been used by Bagovino to confirm entry)

try RSI-5 extremes, ie; over 80 hooking back down, or under 20 hooking back up as either entry confirmations, or take-profits.
(I personally use them as alternative pull-backs to Stochs, ie. over-80 (overbought) hook-down for shorts and vice-versa. I trade off 10/15-mins on DAX and SPX.)

(the divergences ideas are very good, I am noticing them more on my own Stochs settings.)

have a good week.

 

[nkruger]

from Gettysburgs thread about using RSI extremes....
(actually, may have been used by Bagovino to confirm entry)

try RSI-5 extremes, ie; over 80 hooking back down, or under 20 hooking back up as either entry confirmations, or take-profits.

Thanks for your input, Trendie - I've a few notes here on Bagovino, isn't his RSi setting on 21 ? Do you think 5 is superior ? Do you use his 5 & 12 Ema's as well ?

Nick

 

[trendie]

Thanks for your input, Trendie - I've a few notes here on Bagovino, isn't his RSi setting on 21 ? Do you think 5 is superior ? Do you use his 5 & 12 Ema's as well ?

Nick

no, I use Cornflower (mostly). the Bagovino 5/12 is no different to CF 8/12, except the 24 is useful when the 8/12 are entangling.
(there are no secret special settings; they just provide context to trade.)

the 5-RSI is neither superior or inferior. I just use it as another pullback trigger for overbought entries into a downtrend, and vice-versa.
21-RSI is useful, except when it is hugging the 50-line. I prefer to switch time-frames to find when the RSI-21 is already unambiguously above or below 50, so no fretting about "is it/isnt it".
similarly, if the MAs are entangling on one timeframe, I find it less ambiguous to simply switch TFs until the MAs are not entangling, and look for trades in that timeframe.

 

[nkruger]

Inserted RSi-5 into some Dax & Dow charts and they look excellent - well done Trendie.

Done my 2 hours reasearch for today - I'm off down the Railway Tavern.....

Dr Krugerrand

 

[neil]

no, I use Cornflower (mostly). the Bagovino 5/12 is no different to CF 8/12, except the 24 is useful when the 8/12 are entangling.
(there are no secret special settings; they just provide context to trade.)

the 5-RSI is neither superior or inferior. I just use it as another pullback trigger for overbought entries into a downtrend, and vice-versa.
21-RSI is useful, except when it is hugging the 50-line. I prefer to switch time-frames to find when the RSI-21 is already unambiguously above or below 50, so no fretting about "is it/isnt it".
similarly, if the MAs are entangling on one timeframe, I find it less ambiguous to simply switch TFs until the MAs are not entangling, and look for trades in that timeframe.

The hourly 24ema is not too bad used on its own?

 

[pearo86]

Hi m8, Ive been trying to take in all this information and have read every page! There seems to be a whole load of changes to the original system! Yous guys have done great! Was wondering if the system is still working well and if possible could it all be summarised into one digestible box lol! I need to start sleeping im starting to find myself on these forums 20 hours a day!

 

[nkruger]

Hi m8, Ive been trying to take in all this information and have read every page! There seems to be a whole load of changes to the original system! Yous guys have done great! Was wondering if the system is still working well and if possible could it all be summarised into one digestible box lol! I need to start sleeping im starting to find myself on these forums 20 hours a day!

Have PM'd you Pearo86