20120504-5

6E
Open:
Long 1 @ 1.3111. DD, 10 ticks bracket, stop loss low -4. 

Close:
Sell 1 @ 1.3117. It came up to 1 tick from my 10 ticks target, decided to close the trade because of the overall negative trend. It turned out the original target was never reached. 

Don't think or pay too much attention to DD, the signal is more reliable on no or weak trending days, if so, put in 3 contracts, take off 2 to cover the stop loss distance, and let the last one run. You need to let it run, that's how DD will pay off!

1 contract $75 ex fees, $66.76 net.
For the day $43.75 ex fees, -$12.01 net.

Daily Statement

20120504-4

ES

Open:

Long 1 @ 1373.00. DD, market order at 1373.25, got filled 1 tick below, 8 ticks stop loss, -9 ticks from the low of the signal bar, 4 ticks target.

 

Close:

Sell 1 @ 1374.00. Target hit, 4 tick heat. Lucky.

 

1 contract $50 ex fees, $43.68 net.

20120504-3

6E
Open:
Long 1 @ 1.3131. DD, 5 ticks target, 7 ticks stop loss (low -5 ticks).

Close:
Sell 1 @ 1.3136. Target hit, 2 ticks heat. 

Put in 3 contracts, exit first 2 at +5, trail the last. 

1 contract $62.5 ex fees, $54.26 net.

20120504-2

6A
Open:
Long 1 @ 1.0208. DD, 5 ticks target, 5 ticks stop loss.

Close:
Sell 1 @ 1.0203. Stopped out, bottom tick. Would've worked if not bottom tick stopped out.

Move stop loss to low -5 ticks instead of entry -5 ticks. 

1 contract -$50 ex fees, -$58.24 net.

20120504-1

6B
Open:
Long 3 @ 1.6168. DD, 5 ticks stop, targets 5, 10, and trail. 

Close:
Sell 3 @ 1.6163. Stopped out, bottom tick. Would've worked out if out stopped out.

3 contracts -$93.75 ex fees, -$118.47 net.