Greg Hohman
251-644-4772
---------- Forwarded message ----------
From: Greg Hohman <gregoryhohman@gmail.com>
Date: Fri, May 22, 2009 at 12:02 PM
Subject: Refining my methods - a few q's
To: Emini Addict <david.m.halsey@gmail.com>
Hi David,
1. Pls. confirm...you trade 4 contracts; then sell 1 at 2 ticks, sell next 1 at 4 ticks, etc.) Or do you sell 2 contracts at 2 ticks?
2. In After Hours (I got stopped out on 2 successive trades last night using only 1 contract to enter);
a) do you use the 133t or the 233t?
b) would you use a full position or just one contract? (due to low volume and lack of normal indicators, ie. bank, tick, etc.)
3. Do you front run your exits at the -23.6% by 1 tick or not?
4. Do you enter a trade sometimes if ADX is not above 20 on the 2m?
5. How often do you front run by 2 ticks? (eg. 25% of time, 50% of time?)
6. Please restate the general guideline (I have a thick head) > Once you have new high tick, you should have successive new highs until ? , or ??
7. I want to start following more than one market, like you have done, for obvious diversification. How can I quickly get up to speed on 6E and all of it's idiosynchrises? (i.e. value of each pip, margin, screen setup, etc., etc.)
8. What is a "prof gap" ?
9. This confuses me: "For Ambush trades, the signal should trigger ONLY in 15 min chart. Entering or Exiting trades should be done ONLY using 233 tick charts even when the price target hits." The confusion for me lies in multiple successive trades on a 233t, which I assume is Ok, as long as you are guided by the direction of the last 15M trade?
THANKS! gh
Greg Hohman
251-644-4772
From: Greg Hohman <gregoryhohman@gmail.com>
Date: Fri, May 22, 2009 at 12:02 PM
Subject: Refining my methods - a few q's
To: Emini Addict <david.m.halsey@gmail.com>
Hi David,
1. Pls. confirm...you trade 4 contracts; then sell 1 at 2 ticks, sell next 1 at 4 ticks, etc.) Or do you sell 2 contracts at 2 ticks?
2. In After Hours (I got stopped out on 2 successive trades last night using only 1 contract to enter);
a) do you use the 133t or the 233t?
b) would you use a full position or just one contract? (due to low volume and lack of normal indicators, ie. bank, tick, etc.)
3. Do you front run your exits at the -23.6% by 1 tick or not?
4. Do you enter a trade sometimes if ADX is not above 20 on the 2m?
5. How often do you front run by 2 ticks? (eg. 25% of time, 50% of time?)
6. Please restate the general guideline (I have a thick head) > Once you have new high tick, you should have successive new highs until ? , or ??
7. I want to start following more than one market, like you have done, for obvious diversification. How can I quickly get up to speed on 6E and all of it's idiosynchrises? (i.e. value of each pip, margin, screen setup, etc., etc.)
8. What is a "prof gap" ?
9. This confuses me: "For Ambush trades, the signal should trigger ONLY in 15 min chart. Entering or Exiting trades should be done ONLY using 233 tick charts even when the price target hits." The confusion for me lies in multiple successive trades on a 233t, which I assume is Ok, as long as you are guided by the direction of the last 15M trade?
THANKS! gh
Greg Hohman
251-644-4772