After spending a while on the Trading Systems Forum developing a egy, I feel I've reached a point at which there is no requirement to make any major adjustments to this technicals and would like to keep a journal based on the egy. It's a high probability trading platform using the 1 second chart, the fisher indior, fisher change, heiken-ashi smoothed, pivot points and also the 200 ema.
The machine is a little unique because I do not use candles, bars or lines to follow price action. Prices are tracked using the ticker tape and the horizontal lines on the chart that reveal just the current prices for bid and ask. Simply by knowing the tendency and the current prices, effective trading decisions could be made with of the minute details of the background of the pros and cons of where prices have been in the past... This is especially successful trading the 1 second chart as there's so much intense movement that I find trying to watch candles or bars or even lines is a diversion.
I'll be focusing on learning how to prevent the desire to exchange the counter trends and taking steps towards effective trading by practicing good money management. I'll be posting and assessing trades, keeping track of balances and position sizes and learning how to trade from the
percentages.
Discussion and input from traders is welcome.
The thread on the Trading Systems Forum is entitled Fisher and that I will no longer be publishing there.
Quitting wasn't an option. Some measure of success is not there.
I'm particularly appreciative of all of the help I've received from traders in these Forums. There are some actual mentors on these boards, and if they find you, the path opens .
Now let me see just how far I can go.
Best wishes