Boomerang

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I have been testing P2 Boomerangs from 2 AM to 5 AM on three different instruments (6B, 6E and DX) Here are some additional results on DX along with the executions log from Ninja on 5/11/2015. During this session I identified 9 trading opportunities, of the 9 opportunities I had 6 successful trades, 2 hit my stop loss and I missed my entry on one because I got distracted. I used a 10 tick profit target and a 14 tick stop loss, net for this session was $155. My daily 5% goal for this month is $150, all in all a successful trading session for me.

2 AM to 3 AM Hour

3 AM to 4 AM Hour

4 AM to 5 AM Hour

Executions Log

Good job on the trades. I thought the boomerang System was for binary’s. I enjoyed using it on them taught me a lot about price, movement and volume. I all ways had the MVP confluence indicator on my chart . It gives you a look at the 1,2,3 and 4 min time frame although it was not required for the system. Question i have is how are the determining your entry and exit on this system using it on Futures. On binary’s you had to wait for the indicative to break and then go for a $20 profit. For trading binary’s I always had a copy of the rules by my side. This mite help you

Thank you @trica1213, I have those rules on my desktop as well. In addition to the boomerang system I have been trading the Trend catcher with chopfilter system and I have been using the bar size from that system (12 tick) to determine my exit strategy (bar size - 2 profit target) for my P2’s. As for the entry, I follow the rules of the boomerang system and I enter when the low/high of the reversal bar is broken by 3 ticks.

I’m still tweaking my exits though, by that I mean I have been trailing my stop and pulling it to break even when I have 6 or 8 ticks profit and move it up/down to reduce risk and protect profit. It’s a work in progress, but I do like what I am seeing so far.

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