In case you wondering what I am doing now, well, I am still testing out many method; researching, analyzing and back testing on trading Cpo futures using different type frame like 15 minutes, 30 minutes, 1 hour, 2 hours, 4 hour and daily charts.
What ever I used, they all could not produce me a consistent returns; some time good and some time back. It is hard to obtain the optimum set up.
So far, 30 minutes chart seemed convention. It is not an optimum set up, but at least it is more consistent.
Can share more info how you work on it?
ReplyDeleteHopefully we can exchange ideas to make it work.
Good luck.
Hi EMT,
ReplyDeleteThank you for your post. It is rather raw at the moment. Basically, it is the same as what I have been doing; support and resistant method. But this time I used 30 minutes.
Good Luck to you too,
Abel
In viewing your trades, I presume that they are position/overnight trades and not intraday trades. If that the case, it may not necessary to use small time frame for trade setup.
ReplyDeleteFor your info, normally I am using daily bar for my position trading setups and I use 15 minutes bar for intraday setups.
By the way, where do you get data for backtest and setup study?