My 6E trading strategy - Currency Futures | futures io social day trading
futures io futures trading


My 6E trading strategy
Updated: Views / Replies:248,656 / 1,177
Created: by cjbooth Attachments:356

Welcome to futures io.

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

futures io is the largest futures trading community on the planet, with over 90,000 members. At futures io, our goal has always been and always will be to create a friendly, positive, forward-thinking community where members can openly share and discuss everything the world of trading has to offer. The community is one of the friendliest you will find on any subject, with members going out of their way to help others. Some of the primary differences between futures io and other trading sites revolve around the standards of our community. Those standards include a code of conduct for our members, as well as extremely high standards that govern which partners we do business with, and which products or services we recommend to our members.

At futures io, our focus is on quality education. No hype, gimmicks, or secret sauce. The truth is: trading is hard. To succeed, you need to surround yourself with the right support system, educational content, and trading mentors Ė all of which you can find on futures io, utilizing our social trading environment.

With futures io, you can find honest trading reviews on brokers, trading rooms, indicator packages, trading strategies, and much more. Our trading review process is highly moderated to ensure that only genuine users are allowed, so you donít need to worry about fake reviews.

We are fundamentally different than most other trading sites:
  • We are here to help. Just let us know what you need.
  • We work extremely hard to keep things positive in our community.
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts.
  • We firmly believe in and encourage sharing. The holy grail is within you, we can help you find it.
  • We expect our members to participate and become a part of the community. Help yourself by helping others.

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

Closed Thread
 356  
 
Thread Tools Search this Thread
 

My 6E trading strategy

  #711 (permalink)
Urban Samurai
Chicago IL
 
Futures Experience: Intermediate
Platform: Ninja, MT4,TOS, SC, Matlab
Broker/Data: CQG, AMP, MB, DTN
Favorite Futures: E/U, G/U
 
forrestang's Avatar
 
Posts: 1,039 since Jun 2010
Thanks: 226 given, 688 received


cjbooth View Post
You read the chart perfectly this morning - you almost stole my video topics as I would be explaining every setup that you have mentioned here -

Charles

Nice!

I was marking up a chart, but it was rather detailed and taking me forever to make it all nice and pretty. I almost just made a 5 min video to save me some time instead of asking all the questions on the chart

Since the post I made discussing my troubles a few weeks ago, lately I've been having some really good days!

The following user says Thank You to forrestang for this post:
 
  #712 (permalink)
Elite Member
Lagos, Nigeria
 
Futures Experience: Intermediate
Platform: NinjaTrader, SierraChart
Favorite Futures: Euro Currency & Oil
 
lolu's Avatar
 
Posts: 2,440 since Jun 2009
Thanks: 999 given, 1,595 received


mizzoutrader View Post
Wow, I took took two sim trades this morning, and made 21 ticks on each. I went short at 6:53 cst and again at 9:14 cst(I am not sure how to post my charts). Thanks Charles. Were there some other trades in that downtrend this morning that I missed?

Euro has been very bearish since my morning (GMT+1), and I got some 24 ticks Target 1 (2 contracts) and 25 ticks Target 2 (2 contracts) profits (see here and here).

Lolu

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).

The following 2 users say Thank You to lolu for this post:
 
  #713 (permalink)
Trading for Profit
aurora,il
 
Futures Experience: Intermediate
Platform: ninja
Broker/Data: AMP, zen-fire
Favorite Futures: currency futures 6E
 
Posts: 319 since Aug 2009
Thanks: 134 given, 1,390 received

Video for 7/06


Hi traders,

Attached to this post is a link to watch how I traded today's price action

Click here to watch

http://www.anymeeting.com/tradingmymethod/E158DB8184

An reminder for the next 2 days

1. Thursday is the ECB rate decision followed by a much more important news conference at 7:30 cst by Trichet of the ECB. I suggest you do not trade before or during that news conference, for those who have been with me for awhile you may remeber what happened last month. Trichet's comments will rock the Euro, be very careful during this time

2. Friday is non farm payrolls in the U S again I suggest you do not trade in front of this announcement, the mkt will be very choppy before it. Be careful after the news - there is an ole wise tale that the 1st move on the news is usually the wrong way

Charles

The following 16 users say Thank You to cjbooth for this post:
 
  #714 (permalink)
Elite Member
Quebec
 
Futures Experience: Intermediate
Platform: NinjaTrader wt Rancho Dinero's profiling tools
Broker/Data: Stage 5 trading/AMP/CQG
Favorite Futures: ES, NQ, YM
 
trendisyourfriend's Avatar
 
Posts: 3,697 since Oct 2009
Thanks: 3,041 given, 4,496 received

Charles, i have just finished viewing your lattest video and i must tell it with more than a simple thanks that what you did in this thread is above average performance and sharing. Your system is sound, simple and relatively easy to trade. It's worth more than many of the systems that are sold at high price and too difficult to really master. Although the setups are not abundant a trader can easily adjust the size of each trade accordingly. A potential of $1000/week using 1 contract is realistic in my opinion. Someone that would need more would just need to trade more contracts instead of changing system to get more opportunities. I sincerely hope you'll win the contest.

The following user says Thank You to trendisyourfriend for this post:
 
  #715 (permalink)
Elite Member
ct
 
Futures Experience: Beginner
Platform: NinjaTrader
 
Posts: 99 since Jun 2009
Thanks: 24 given, 13 received


cjbooth View Post
Hi traders,

Attached to this post is a link to watch how I traded today's price action

Click here to watch

http://www.anymeeting.com/tradingmymethod/E158DB8184

An reminder for the next 2 days

1. Thursday is the ECB rate decision followed by a much more important news conference at 7:30 cst by Trichet of the ECB. I suggest you do not trade before or during that news conference, for those who have been with me for awhile you may remeber what happened last month. Trichet's comments will rock the Euro, be very careful during this time

2. Friday is non farm payrolls in the U S again I suggest you do not trade in front of this announcement, the mkt will be very choppy before it. Be careful after the news - there is an ole wise tale that the 1st move on the news is usually the wrong way

Charles


Hi Charles,

What indicator are you using draws horizontal yellow support and resistance line on 1508 tick chart? thanks

 
  #716 (permalink)
Trading for Profit
aurora,il
 
Futures Experience: Intermediate
Platform: ninja
Broker/Data: AMP, zen-fire
Favorite Futures: currency futures 6E
 
Posts: 319 since Aug 2009
Thanks: 134 given, 1,390 received


milford View Post
Hi Charles,

What indicator are you using draws horizontal yellow support and resistance line on 1508 tick chart? thanks


1st these yellow lines you refer to are not S&R lines they are the location of the Whole round #'s as in 1.4100, 1.4200 ect... which are respected and rejected very often

The indicator is attached below

RoundNumbers.zip

Set this indicator in settings to plot all #'s ending in "00", with a line width of 150

Charles

The following 2 users say Thank You to cjbooth for this post:
 
  #717 (permalink)
Site Administrator
Manta, Ecuador
 
Futures Experience: Advanced
Platform: My own custom solution
Favorite Futures: E-mini ES S&P 500
 
Big Mike's Avatar
 
Posts: 46,238 since Jun 2009
Thanks: 29,350 given, 83,214 received

to @cjbooth for winning the iPad 2 contest!

Sent from my DROIDX using Tapatalk

Due to time constraints, please do not PM me if your question can be resolved or answered on the forum.

Need help?
1) Stop changing things. No new indicators, charts, or methods. Be consistent with what is in front of you first.
2) Start a journal and post to it daily with the trades you made to show your strengths and weaknesses.
3) Set goals for yourself to reach daily. Make them about how you trade, not how much money you make.
4) Accept responsibility for your actions. Stop looking elsewhere to explain away poor performance.
5) Where to start as a trader? Watch this webinar and read this thread for hundreds of questions and answers.
6)
Help using the forum? Watch this video to learn general tips on using the site.

If you want
to support our community, become an Elite Member.

The following user says Thank You to Big Mike for this post:
 
  #718 (permalink)
Elite Member
Portland, OR
 
Futures Experience: None
Platform: tos
Favorite Futures: NQ, SB, 6J, CL, GC
 
Massive l's Avatar
 
Posts: 1,458 since Mar 2011
Thanks: 922 given, 1,821 received

Congrats cjbooth!

Thank you for sharing your knowledge.
Excellent journal

The following user says Thank You to Massive l for this post:
 
  #719 (permalink)
Elite Member
Lagos, Nigeria
 
Futures Experience: Intermediate
Platform: NinjaTrader, SierraChart
Favorite Futures: Euro Currency & Oil
 
lolu's Avatar
 
Posts: 2,440 since Jun 2009
Thanks: 999 given, 1,595 received

Although I'm only able to pick the ICHICLOUD from your setup, and integrate it into my own setup and style, and for that

Lolu

 
  #720 (permalink)
Elite Member
Naperville IL
 
Futures Experience: Intermediate
Platform: ninjatrader
Broker/Data: NT broker
Favorite Futures: NQ ES 6E GC CL
 
Posts: 954 since Feb 2010
Thanks: 1,184 given, 650 received

great news



Big Mike View Post
to @cjbooth for winning the iPad 2 contest!

Sent from my DROIDX using Tapatalk

Congratulation, Charles, we learnt a lot from your thread, not only an indicator but the entire trading management !

thanks again.

The following user says Thank You to supermht for this post:

Closed Thread



futures io > > > > My 6E trading strategy

Thread Tools Search this Thread
Search this Thread:

Advanced Search



Upcoming Webinars and Events (4:30PM ET unless noted)

Linda Bradford Raschke: Reading The Tape

Elite only

Adam Grimes: TBA

Elite only

NinjaTrader: TBA

January

Ran Aroussi: TBA

Elite only
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
Best Strategy 6E - Net 10p per day traderjcf Currency Futures 15 December 3rd, 2015 02:19 PM
6E (EURUSD) trading alex123 Elite Trading Journals 35 September 17th, 2011 09:15 PM
Timeframes for Trading 6E traderjcf The Elite Circle 8 June 30th, 2011 01:22 AM
Trading the 6E camsolution Currency Futures 12 May 17th, 2011 09:00 PM
Trading 6E and DX tellytub The Elite Circle 7 August 4th, 2010 07:33 PM


All times are GMT -4. The time now is 07:44 AM.

Copyright © 2017 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432, 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
Page generated 2017-12-11 in 0.15 seconds with 20 queries on phoenix via your IP 54.226.132.197