Well - the EA dream is dead. I can make an EA that works fine, but when it fails, it fails spectacularly! I just can't seem to get my EAs to fail with any sort of grace. As a result, I've gone back to manual trading and I'm still working on my ...

Basic EMA Retract Plan

Hahaha. These markets will always keep you humble! I've decided to upload my EA onto the MT4 Signals marketplace - and literally, the very next set of trades are a loss! Ah well - I never trust any signal service that 'only' has winners, so it'll ...

Basic EMA Retract Plan

Hey - new algo is working nicely, but it's only been about 20 days or so. I'm happy with using the 1 minute time frame as it means I don't get stuck in trades for too long. I think the longest I've been in a trade is about 4 hours. Also, the algo ...

Basic EMA Retract Plan

Just wondering how often you re-visit your algorithm? How often do you back-test different SL/TP or entry/exit triggers? I'm also in the process of going live with my EA, and am planning on re-visiting how it's operating once a month.

Day Trading Journal - CME & CBOT Futures

I'm liking this thread, Rub. Glad to see people posting ALL trades and not cherry-picking to make themselves look good. Keep going mate!

Rub's accountability

Did you think I'd quit? New algo time. I don't want to explain it but basically, it's more EMA retraction action that I'm looking for. This time - there's some loss taking embedded into the rules and it works on a much smaller timescale (15 mins). ...

Basic EMA Retract Plan

So it's been long enough on the demo and I can say for certain that my algo doesn't work. I've not given up, though (never!). I now have a new algo. Like everything I try, it's very simple. It involves 2 EMAs - one quick and one slow. Essentially I ...

Basic EMA Retract Plan

Who wants to take a guess at how things have been going? If you guessed that my plan has changed - you win! What do you win? Nothing! Basically, I've been looking into automating my trading. In fact, I've more than looked into it - I've done it. ...

Basic EMA Retract Plan

Is this all to do with the storm disrupting supply? It's the only piece of bullish news I can find! My positions are hurting me ATM, but will give them this week (and probably next) to make some movement downwards - otherwise, I'll chalk this one as ...

WTI Crude Oil Trading

Surprised that the downside move today wasn't larger - but I've still got my eye on hitting the $35 mark before getting out of my shorts. There's no news coming out that isn't bearish IMO. Anyone else seeing anything different?

WTI Crude Oil Trading

All I can say is that the last couple of days were a bit of a ride! I've never seen the price not touch the EMA(40) on my hourly charts for so long. Managed to get out with only some mild bruising (2% account loss) but, wow. Good to know these ...

WTI Crude Oil Trading

OK - things have slightly changed again as this month draws to a close, but I'm beginning to think that a little bit of 'tinkering' now and then doesn't mean you're a bad trader - I think it's part of how I trade? It's very slight changes - like not ...

Basic EMA Retract Plan

Don't go chasing those trades! It's your job to take what the market is willing to give - you can't 'make' the market do anything it doesn't want to. A boring day is better than a bad day. Also, you made money during your 'boring' day!? What more ...

Boring day

This is too true. One of the biggest hurdles I'm still trying to get to grips with is accepting the fact that swallowing losing trades will actually make me a better trader. Accept the small loses when they come - don't try and force every trade to ...

Trading Emotions

I have to say that the one thing that keeps me 'consistent' is looking at larger time frames. Not in terms of chats, but in terms of what I want my trading 'career' to look like. I've got my 'best case scenario' all worked out in a spreadsheet - ...

Consistency

Ha - been moaning that there's been no movement this week. Be careful what you wish for, I guess!

WTI Crude Oil Trading

I'm still here and I'm still standing! I'm now doing a combo of the hourly and 8-hour time frames. I'm looking for much smaller gains from my trades and this seems to be working OK for the time being. It's great in the sense that I'm not looking at ...

Basic EMA Retract Plan

Howdy. I'm still standing - and trading! So I've moved away from the 10 minute charts I was looking at before. I'm confident this is a good move because; 1.) When I go back to work I can't be looking at my charts every 10 minutes! 2.) The volatility ...

Basic EMA Retract Plan

Holy. Crap. I did it again. I got greedy, failed to stick to my own plan and it bit me on the arse again. I'm surprised I've got any arse left, TBH. As you can see from my Trade Explorer, I went and got myself in a pickle with Oil and have now gone ...

Basic EMA Retract Plan