The Beast Slayer, Lance's NQ Trading Journal - futures io
futures io



The Beast Slayer, Lance's NQ Trading Journal


Discussion in Commodities

Updated
      Top Posters
    1. looks_one lancelottrader with 815 posts (4,144 thanks)
    2. looks_two redbarntrades with 37 posts (84 thanks)
    3. looks_3 Rrrracer with 28 posts (116 thanks)
    4. looks_4 Okina with 23 posts (41 thanks)
      Best Posters
    1. looks_one lancelottrader with 5.1 thanks per post
    2. looks_two Rrrracer with 4.1 thanks per post
    3. looks_3 Big Mike with 4 thanks per post
    4. looks_4 redbarntrades with 2.3 thanks per post
    1. trending_up 295,521 views
    2. thumb_up 5,540 thanks given
    3. group 613 followers
    1. forum 1,539 posts
    2. attach_file 246 attachments




Welcome to futures io: the largest futures trading community on the planet, with well over 125,000 members
  • Genuine reviews from real traders, not fake reviews from stealth vendors
  • Quality education from leading professional traders
  • We are a friendly, helpful, and positive community
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts
  • We are here to help, just let us know what you need
You'll need to register in order to view the content of the threads and start contributing to our community.  It's free and simple.

-- Big Mike, Site Administrator

(If you already have an account, login at the top of the page)

 
Search this Thread
 

The Beast Slayer, Lance's NQ Trading Journal

(login for full post details)
  #81 (permalink)
 lancelottrader 
Legendary Market Wizard
west palm beach florida usa
 
Experience: Advanced
Platform: ninja trader
Broker: Optimus Futures/ Rithmic
Trading: NQ
 
Posts: 1,085 since Oct 2011
Thanks: 1,081 given, 5,006 received

Very exciting and volatile day with some great moves. I had some Spine Runners on CL and TF . Also, I rode out a couple of trades using my 5 Range Rampage charts, which allows for a little more Bounce than my 2 range Spine moves. This is the type of day where my system can make a good deal of money. This is my 10th winning day in a row..which is something of a record for me. I have hit my "Tier 1 " goal for all 10 days so I feel things are progressing.

Failure is not an option
Attached Thumbnails
Click image for larger version

Name:	CL 12-12 (2 Range)  10_19_2012 9a m move 35 ticks.jpg
Views:	283
Size:	171.8 KB
ID:	92523   Click image for larger version

Name:	CL 12-12 (5 Range)  10_19_2012 1020 move.jpg
Views:	266
Size:	157.1 KB
ID:	92524   Click image for larger version

Name:	tf 11 am move 40 tick move.jpg
Views:	252
Size:	102.5 KB
ID:	92525  
Started this thread Reply With Quote
The following user says Thank You to lancelottrader for this post:

Can you help answer these questions
from other members on futures io?
MCnet: (Multi-Timeframe) Directly Added Indicators vs Ba …
MultiCharts
you cant wait for life is not hard anymore before you de …
Psychology and Money Management
MCnet: (Multi-Timeframe) EMA @ Weekly Data on Daily Chart
MultiCharts
Using fxd files in FXCM trading station
Platforms and Indicators
ID Indicator ?
ThinkOrSwim
 
 
(login for full post details)
  #82 (permalink)
 lancelottrader 
Legendary Market Wizard
west palm beach florida usa
 
Experience: Advanced
Platform: ninja trader
Broker: Optimus Futures/ Rithmic
Trading: NQ
 
Posts: 1,085 since Oct 2011
Thanks: 1,081 given, 5,006 received

Another biggie from today. 100 tick move on CL at around 12 est this afternoon. 5 range keeps me in the trade for the whole ride...

Failure is not an option
Attached Thumbnails
Click image for larger version

Name:	CL 12-12 (5 Range)  10_19_2012 1155 move 100 ticks.jpg
Views:	271
Size:	136.7 KB
ID:	92526  
Started this thread Reply With Quote
 
(login for full post details)
  #83 (permalink)
MajorMagnuM
south west UK
 
 
Posts: 122 since Dec 2011
Thanks: 74 given, 15 received


What you say about trading cl in the first moments of our post 70 video, about direct move form a to b etc, was exactly what hit me the first time i watched a UK oil chart!Ty for posting, i would really like to get to know more about oil trading

Reply With Quote
 
(login for full post details)
  #84 (permalink)
 lancelottrader 
Legendary Market Wizard
west palm beach florida usa
 
Experience: Advanced
Platform: ninja trader
Broker: Optimus Futures/ Rithmic
Trading: NQ
 
Posts: 1,085 since Oct 2011
Thanks: 1,081 given, 5,006 received


MajorMagnuM View Post
What you say about trading cl in the first moments of our post 70 video, about direct move form a to b etc, was exactly what hit me the first time i watched a UK oil chart!Ty for posting, i would really like to get to know more about oil trading

Hi there. Oil moves stronger and faster than almost any instrument out there. If you're in the UK, you want to be watching it mainly from 2:00 pm GMT till about 4:00. That's when you'll see most of the action. I would just watch the price action on it for a few days.. Then paper trade it untill you really have a handle on it. It is a very rewarding instrument to trade..but also very dangerous and tricky.

Failure is not an option
Started this thread Reply With Quote
The following user says Thank You to lancelottrader for this post:
 
(login for full post details)
  #85 (permalink)
 djkiwi 
Mercer Island WA
 
Experience: Advanced
Platform: Ninjatrader/Strategy Desk
Broker: Various
Trading: TF/NQ/ES/Stocks
 
djkiwi's Avatar
 
Posts: 561 since May 2010
Thanks: 981 given, 1,554 received


lancelottrader View Post
Hi there. Oil moves stronger and faster than almost any instrument out there. If you're in the UK, you want to be watching it mainly from 2:00 pm GMT till about 4:00. That's when you'll see most of the action. I would just watch the price action on it for a few days.. Then paper trade it untill you really have a handle on it. It is a very rewarding instrument to trade..but also very dangerous and tricky.

Hi Lance, interesting thread. As an additional point I would say oil does move stronger and faster than almost any instrument (second to gold though in my study). Also interesting to note is the actual size of the move is no different to the resident slug (ES).

So what I'm saying CL also has the same probability of making the same 100 tick move as ES only it will do it stronger and faster as you suggest. For this reason I use exactly the same swing targets on oil as ES. The only difference is if you take the ES trade prepare to sit in it for days.

There is some research here about it here if interested.



Cheers
DJ

Reply With Quote
The following user says Thank You to djkiwi for this post:
 
(login for full post details)
  #86 (permalink)
 lancelottrader 
Legendary Market Wizard
west palm beach florida usa
 
Experience: Advanced
Platform: ninja trader
Broker: Optimus Futures/ Rithmic
Trading: NQ
 
Posts: 1,085 since Oct 2011
Thanks: 1,081 given, 5,006 received

Video of determining which strategy to employ for trade management using examples from today's moves.


Failure is not an option
Started this thread Reply With Quote
The following 10 users say Thank You to lancelottrader for this post:
 
(login for full post details)
  #87 (permalink)
 fasttraxs 
Danville, California
 
Experience: Intermediate
Platform: Ninja Trader
Trading: ES Currency furtures
 
Posts: 69 since Sep 2010
Thanks: 601 given, 20 received


lancelottrader View Post
Video of determining which strategy to employ for trade management using examples from today's moves.


Hi
Thank you for posting video.
You mention Hot zone times. Can you explain more on this.

Thanks

Fasttraxs

Reply With Quote
 
(login for full post details)
  #88 (permalink)
 lancelottrader 
Legendary Market Wizard
west palm beach florida usa
 
Experience: Advanced
Platform: ninja trader
Broker: Optimus Futures/ Rithmic
Trading: NQ
 
Posts: 1,085 since Oct 2011
Thanks: 1,081 given, 5,006 received


fasttraxs View Post
Hi
Thank you for posting video.
You mention Hot zone times. Can you explain more on this.

Thanks

Fasttraxs

For each instrument, there are key times of the Trading session where historic data will show on various chart timeframes..that price tends to make moves. I generally mention those times on my videos as when I tend to look for signals. Often you see a push in Crude Oil around 9 am . Also 10 minutes after the US equity session opens, it will often move. Between 10:35 am est and 11 am , it will make some big moves quite frequently as well. I call these Hotzone times and I center most of my trading around these times. Scroll through 6 months of Crude Oil charts and it will become quite obvious.

Failure is not an option
Started this thread Reply With Quote
The following 2 users say Thank You to lancelottrader for this post:
 
(login for full post details)
  #89 (permalink)
 lancelottrader 
Legendary Market Wizard
west palm beach florida usa
 
Experience: Advanced
Platform: ninja trader
Broker: Optimus Futures/ Rithmic
Trading: NQ
 
Posts: 1,085 since Oct 2011
Thanks: 1,081 given, 5,006 received

Oil acting rather crazy this AM (9:20 ish est). Going to stay out for a while.

Failure is not an option
Started this thread Reply With Quote
 
(login for full post details)
  #90 (permalink)
 HighRise1202 
houston
 
Experience: Intermediate
Platform: nt
 
Posts: 407 since Sep 2010
Thanks: 266 given, 274 received



lancelottrader View Post
Oil acting rather crazy this AM (9:20 ish est). Going to stay out for a while.

Also, it's Fed day. Look out.

Visit my futures io Trade Journal Reply With Quote
The following user says Thank You to HighRise1202 for this post:


futures io Trading Community Traders Hideout Commodities > The Beast Slayer, Lance's NQ Trading Journal


Last Updated on June 21, 2021


Upcoming Webinars and Events
 

NinjaTrader Indicator Challenge!

Ongoing

BloodHound Fundamentals 101 w/Jeremy Tang @ SharkIndicators

Elite only
 

Our 12-year anniversary w/ $$,$$$ prizes (check soon)

June
     



Copyright © 2021 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada), info@futures.io
All information is for educational use only and is not investment advice.
There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
no new posts