MrMagic

Moving to from discretion to data back decision making.
#Trading equities

[MrMagic @whyk008]

Here is the data for the new strat i am testing and committing to . The hourly sweep for 2,3,4,5 and 6am.
Entry is 5m candle close back into the range after the High/Low sweep of the range . TP is 50% retracement. RR is 1:1.5.

[MrMagic @whyk008]

ROAD TO 7K IN 40 TRADE DAY
Day2 - Pnl +$396
Tradecopier flopped😡 across 3 accounts(missed $1200).
Mean reversion trading back towards VWAP.

[MrMagic @whyk008]

What a great start to the funded account.

[MrMagic @whyk008]

That crisp feeling when you start a fresh set of funded accounts 🥰. Let see what we can make off these....

[MrMagic @whyk008]

@JKBTrades_ @edgeful At this rate, you must be sleeping and eating edgeful.. Nice one here

[MrMagic @whyk008]

@montygoldy2006 Funny how you say "easy long"

[MrMagic @whyk008]

@montygoldy2006 Lets get it!!

[MrMagic @whyk008]

@JKBTrades_ Fulfilling, keep up the good work.

[MrMagic @whyk008]

@nomadascalper I really get confused on the indicators and the updates.probaly i need to spend more time on them/it. Its not bad to monetise . You can do whatever you wish.

[MrMagic @whyk008]

@JKBTrades_ @edgeful Good catch there. However, looking at it from another angle one could say NQ broke the ORB high and expect the same for ES and in real time that could be a confirmation to hold the ES to the breakout.

[MrMagic @whyk008]

@Rossmc_85 good week for me as my bot traded for the week on my behalf.

[MrMagic @whyk008]

So i have been trading another strat which was inspired by @TempoICT . Its an IFVG setup which i backtested and saw some profitability in it. I put it to the test on a combine with my own risk management and below is the result. $2 remain to pass😀

[MrMagic @whyk008]

@Rossmc_85 Good you mentioned this because i have been looking at the hourly ranges lately and my result has been shit going by my normal 1:1.5 risk model.

[MrMagic @whyk008]

@Mc5calpAfee I thought i was the only one

[MrMagic @whyk008]

@JKBTrades_ Thanks for painting the true picture. You r not alone, i got two negative weeks.

[MrMagic @whyk008]

so result was an L. Closing the week on a red . we go again next week. We need atleast 2 month of forward testing and evaluation to validate our edge . It could be change in market condition also.

[MrMagic @whyk008]

Friday sell of but we are trading counter trend according to strategy. Lets see the result. The hourly range without discretion for me has been rough .

[MrMagic @whyk008]

The 2,5,6am ET Hourly ranges lately has been rough for me in the last 2 weeks. how is it going on your side.

[MrMagic @whyk008]

@JKBTrades_ Trading on an unfamiliar platform sucks, i am still stuck with topstepX and tradovate is where most propfirm use now but i still have not gotten used to tradovate. So i plan to copy trade from my topstep acct to others.

[MrMagic @whyk008]

@montygoldy2006 Rough patch this few weeks