4 Emini Dow Simulator trades


This was just over an hour of trading, 9:53 to 11:03 Eastern Time

Let’s zoom into to each one keeping in mind there was a 7 tick take profit and 12 tick stop loss for each.  It’s just after 1pm now with the Dow up just over 200 points.




On the first (a Short), being faster would have made the 7 tick TP possible within the “swing” that the trade was made in. It was manually exited for +4 ticks.




On the second (a Long), the price had really started trending!, and the 7 tick take profit was easily available, however the trade was exited manually (in retrospect, a little bit early) for +4 ticks




On the third (another Long), price moved sideways, creating a nice horizontal range. It broke out and paused and I bought and exited manually for +3 ticks. Price did move exactly 7 ticks. It is possible that since the TP is a limit order it wouldn’t have been filled. That’s important because it was quickly sold off and moved back into the range.




On the fourth (a Short), after the breakout was pushed lower, another larger sideways move was formed. This was exited manually for 3 ticks however the 7 ticks was easily available. Notice the 5 equal highs. When price came up to test those, moving 2 ticks above them, it was aggressively sold off in a continuation lower.




Reminder: This is a 70 tick chart which is considered pretty fast. I have referred to various trading approaches on the road to finding what suits me. One of them is from the book “Forex Price Action Scalping” By Bob Volman. In that one, a 10 pip TP and SL is used.

The idea here is to improve efficiency and increase size, not necessarily go for 10 ticks.

In Summary there were 2 full take profits easily available and not realized, and 2 which were questionable. In any case with this type of trading we need to act fast.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s