Truly great webinar. There's loads to learn from Alexander. Thanks for doing this. Contest: SOLD short APPLE @ 192.88 USD today. Stop: 213; Target: 173.73 USD.
Sir,I have traded this strategy for the last 10 years & it makes money.Please back test it & publish the results NON DIRECTIONAL STRATEGY You could test the strategy on instruments which have high liquidity & trade around the clock--let us say forex & high volume US indices to start with.All orders are Limit order & orders are entered end of each day based on closing prices(EOD).For Forex pairs end of NY session is END OF DAY On A given instrument(say Eur/Usd) limit order is placed to buy(or sell) at A distance " D" which is (70% of average daily ATR) away from the closing price EOD.Take profit (TP) & stop loss (SL) distance is 50% of that distance (D)--every order is all complete order on the same ticket.Only one order/day on the instrument.Win or lose--no trader intervention,market decides when take profit or stop loss gets hit.On that instrument orders are entered on both sides, Long & short at the same time. All open orders get cancelled at the end of that day & new orders are entered based again on end of day new prices.Orders are placed on multiple different currencies to diversify risk(both dollar pairs & cross currencies as well).Risk capital on any instrument is 1% of account equity only. Rationale--Markets are random but fractal in nature.Distance travelled in a given time span is based on square root of time.TRADING EDGE comes from the fact that from End of day INITIAL price the TP is closer compared to SL & chances of hitting TP are higher than hitting SL--and when TP is hit,then stop loss order gets cancelled right away..If one month option is priced $1--then 4 month option should cost $2.Distance travelled in 4 months is square root of 4.Option premium formulas are not ALLperfect but billions of $$ trade based on that formula & market makers make $$,no matter where the market goes/or does not go.At the money Call & put cost the same--take your pick. And Thank you.
Great Webinar! For the Contest. 1.1.2024, NFLX, There is a resistance around 485 (false breakout). The Chart shows Bearish divergence in weekly MACD, 12-26, Elder Impulse is blue after green (weekly+daily). Price above or at value. Entry 482.27, SL 507.03, TP 435.11
Truly great webinar. There's loads to learn from Alexander. Thanks for doing this. Contest: SOLD short APPLE @ 192.88 USD today. Stop: 213; Target: 173.73 USD.
Thank you much.
Sir,I have traded this strategy for the last 10 years & it makes money.Please back test it & publish the results
NON DIRECTIONAL STRATEGY
You could test the strategy on instruments which have high liquidity & trade around the clock--let us say forex & high volume US indices to start with.All orders are Limit order & orders are entered end of each day based on closing prices(EOD).For Forex pairs end of NY session is END OF DAY
On A given instrument(say Eur/Usd) limit order is placed to buy(or sell) at A distance " D" which is (70% of average daily ATR) away from the closing price EOD.Take profit (TP) & stop loss (SL) distance is 50% of that distance (D)--every order is all complete order on the same ticket.Only one order/day on the instrument.Win or lose--no trader intervention,market decides when take profit or stop loss gets hit.On that instrument orders are entered on both sides, Long & short at the same time.
All open orders get cancelled at the end of that day & new orders are entered based again on end of day new prices.Orders are placed on multiple different currencies to diversify risk(both dollar pairs & cross currencies as well).Risk capital on any instrument is 1% of account equity only.
Rationale--Markets are random but fractal in nature.Distance travelled in a given time span is based on square root of time.TRADING EDGE comes from the fact that from End of day INITIAL price the TP is closer compared to SL & chances of hitting TP are higher than hitting SL--and when TP is hit,then stop loss order gets cancelled right away..If one month option is priced $1--then 4 month option should cost $2.Distance travelled in 4 months is square root of 4.Option premium formulas are not ALLperfect but billions of $$ trade based on that formula & market makers make $$,no matter where the market goes/or does not go.At the money Call & put cost the same--take your pick.
And Thank you.
Great Webinar! For the Contest. 1.1.2024, NFLX, There is a resistance around 485 (false breakout). The Chart shows Bearish divergence in weekly MACD, 12-26, Elder Impulse is blue after green (weekly+daily). Price above or at value.
Entry 482.27, SL 507.03, TP 435.11
Buy PG @148.7 , SL 142.5, Profit taking at 155.2, Impulse green on daily & weekly
thanks, great webinar as usual
Thank you for sharing your knowledge Alex!