/ES Futures Trading Strategy on ThinkorSwim

[kmeade]

@lazeelink Thank you for the information and yes it was helpful, I was also considering the Mini ES to start. I will be contacting TD directly but unfortunately the customer support was already closed in my area. Thanks again for your response.

 

[blakecmathis]

I haven't noticed a difference in the accuracy of the signals. What I have noticed is that identifying specific entries/exits is more difficult. Times like this are when a good stop loss is crucial to your setup. The best part about the current market is that a lot more buy/sell signals are being generated due to extremely high volatility. Trust the setup. Trust the signals. Obey the stop loss. Hope everyone is turning a profit in this market

 

[blakecmathis]

How's everybody been doing??

 

[lazeelink]

I haven't noticed a difference in the accuracy of the signals. What I have noticed is that identifying specific entries/exits is more difficult. Times like this are when a good stop loss is crucial to your setup. The best part about the current market is that a lot more buy/sell signals are being generated due to extremely high volatility. Trust the setup. Trust the signals. Obey the stop loss. Hope everyone is turning a profit in this market

Thanks for that info. I know stop loss settings are a matter of personal tolerance, but how much of a SL is your standard? I trade MIco Minis as opposed to Mini ES but normally have a $50 (10 points in Micro) in mind but rarely use it. I either panic out before its hit or let it run and THEN panic out! As you say, trust the signals.

 

[lazeelink]

How's everybody been doing??

Doing great on my paper account but staying about even on my hard $ account using similar signals on both. Trying to refine the do's and don'ts and control my fear and greed. As a rule, do you trade only when the 1000 tick and 2000 tick charts agree, using CCI or Hull as added confirmation?

 

[blakecmathis]

@lazeelink I use the Bollinger Band stop loss so it always varies on the distance from the current market price. Sometimes it could easily be 10 points away but I never let it go that far against me. When I get that upside down on a trade it's fairly easy to recognize that I've made a bad trade based on price action and I need to accept my losses and close out my position.

 

[lazeelink]

@lazeelink I use the Bollinger Band stop loss so it always varies on the distance from the current market price. Sometimes it could easily be 10 points away but I never let it go that far against me. When I get that upside down on a trade it's fairly easy to recognize that I've made a bad trade based on price action and I need to accept my losses and close out my position.

Excellent idea. Standard (20,-2.0, 2.0) or modified settings on the Bollinger Bands?

 

[blakecmathis]

I roll with (20, -1.0, 1.0)

 

[lazeelink]

I roll with (20, -1.0, 1.0)

And one final question. As a rule, do you trade only when the 1000 tick and 2000 tick charts agree, using CCI or Hull as added confirmation? Sorry for being a pest.

 

[blakecmathis]

Youre good man no worries. 2000t is basically just used for CCI confirmation. However, If they do agree as far as the WTO signals go, thats just icing on the cake. Tried to get in long on that last run up @ 2458.75 (looking for 2458.25) but no fill. Touched it three times on that single candle.

 

[lazeelink]

Youre good man no worries. 2000t is basically just used for CCI confirmation. However, If they do agree as far as the WTO signals go, thats just icing on the cake. Tried to get in long on that last run up @ 2458.75 (looking for 2458.25) but no fill. Touched it three times on that single candle.

Thanks! I got in long @ 2457.50 (paper) and hanging in there. I have a sell @ 50% FIB from the 11:09 AM high but not sure it will make it.

 

[blakecmathis]

@lazeelink Hell yeah man!!

 

[kmeade]

@blakecmathis I'm hoping that you can help me out. I have been trying to find the link for the grid that I posted below and cannot find it, if you might know what post # it is from it would be greatly appreciated. Thank you for your selflessness.

 

[lazeelink]

@blakecmathis I'm hoping that you can help me out. I have been trying to find the link for the grid that I posted below and cannot find it, if you might know what post # it is from it would be greatly appreciated. Thank you for your selflessness.

Here is the list I have for the different grids that have been posted in this forum. Hopefully the one you are looking for is among them.

https://tos.mx/4gmXmj2https://tos.mx/O4giY9V
https://tos.mx/4gmXmj2
https://tos.mx/O4giY9V
https://tos.mx/WX94HLh
https://tos.mx/4gmXmj2
https://tos.mx/mWfhOCS
https://tos.mx/zaztFEe
https://tos.mx/z4iTUQL
https://tos.mx/1bDLCyNhttps://tos.mx/bDgZoOH

 

[kmeade]

Thank you so much for your reply but unfortunately it was not among the links that you sent. I have no idea were how I got this particular version, I have been through all the links that I could find in this thread. The issue that I'm having is that I have that grid in live training but I would like to use it as well in Paper trading to get a feel for it, I just can't figure out how to copy it over.

I'll keep checking out YouTube vids. lol

 

[Robster021]

Thank you so much for your reply but unfortunately it was not among the links that you sent. I have no idea were how I got this particular version, I have been through all the links that I could find in this thread. The issue that I'm having is that I have that grid in live training but I would like to use it as well in Paper trading to get a feel for it, I just can't figure out how to copy it over.

I'll keep checking out YouTube vids. lol

Hi, share it. Then use the link to open it in the paper trading setup. Add it to here as well so everyone knows what you are referring to.

 

[kmeade]

@Robster021 I have been searching endlessly on how to share the grid and cannot figure it out. I don't know if its the fact that I am in Canada but I seem to have different options then all the vids I have been watching. I posted the grid that I am referencing is #577.

 

[blakecmathis]

@kmeade I think that is one of @skynetgen grids. If I had it saved I would definitely send it your way but unfortunately I dont think he ever shared the actual grid that you showed in that screenshot.

 

[lazeelink]

Lots of movement this morning in ES. I hope some were able to take advantage. I made out big time - in my paper account. Movement on news always scares me. No cahones I guess

 

[kmeade]

@blakecmathis that's what I was thinking. I have tried every grid that was shared but can't find it, I'm not sure how I got it to begin with.

@lazeelink I am in the same boat. I have been doing very well with this setup in paper account but haven't built up the courage to live with it yet.