Single Prints Forward Test - June 2005

• The single print must be less than a month old to be used.


• The single print must be a confirmed single print.


• The entry price is one tick inside the single print and an entry will only be recorded if the price touches the single.


• A stop of one handle will be used.


• 2 contracts will be traded.


• First target is 2 points.


• Second target is 6 points.


• Commissions will be $5 per contract.


• Stop will be moved to break even after first target has been reached.


• Stop will not be trailed after moved to break even.


• No re-entries if stopped out but re-entries always taken if both contracts are taken off profitably and re-entry is then only allowed on that day. (This is logical because single tick will not be there on subsequent days.)


• All single trades will be taken irrespective of other news items or announcements that are being made at that point.


• If multiple singles created in same day or time period then all of them will be traded using the same stops and targets and rules.


• No overnight carry. Any open contracts/strategies are closed out at 16:10 EST. The first trade price on or after 16:10:00 will be used as the closing price.


• Positions that are triggered before 16:00:00 will be opened but not on or after 16:00:00 EST.


• Positions will be opened on or after 09:30:00 EST. If we open in a single trade we will assume an entry price of the first price traded on or after 09:30:00

quote:

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Originally posted by guy

Hi Buzz,

I completely agree - very dissappointing results for June.

I will see if I can include that information in the spreadsheet for you. I assume that you mean the Value Area when you talk about MP range right? And when you say that do you mean the VA for the day on which the single print was created?

Guy

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quote:

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Originally posted by guy

That's a bit more tricky because then you have to record the VA from the day that the single was created along with the single print. I'll see what I can do (and I'm also curious about the success of that) but no promises.

So 2 new columns in the spreadsheet would be:
Opened in single VA: TRUE/FALSE
Rotation Factor when traded triggered: Integer

Right?

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