Advice on Trading 6e and 6a for newbie - Currency Futures | futures io social day trading
futures io futures trading


Advice on Trading 6e and 6a for newbie
Updated: Views / Replies:10,516 / 10
Created: by grego Attachments:0

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

Reply
 
Thread Tools Search this Thread
 

Advice on Trading 6e and 6a for newbie

  #11 (permalink)
Elite Member
Dallas,TX
 
Futures Experience: Intermediate
Platform: NinjaTrader, OpenQuant
Broker/Data: Zaner/Zen Fire
Favorite Futures: ES,6E,6B,GC,CL
 
Posts: 590 since Nov 2009
Thanks: 176 given, 116 received

Boomerang in Trending and range bound

jwhtrades

how are you coming along with Boomerang, Trade Bias, ForceIndex? can it survive both trending and range bound days?

can you post some charts . thks


jwhtrades View Post
I've been sim trading using Ninja Trader with Mirus ZenFire for 8 days using Boomerang, Trade Bias, ForceIndex, Risk Manager and Ultimate Trailing Stop indicators. Still adjusting but the Ultimate Trailing Stop which can use a variety of indicators, i.e. Bollinger, ATR is default set to 3 ATR. That's what I've been using but noticing, as you have that this might not be a wide enough stop. I'm new to futures (10 days) and still feeling my way around. I trade the following markets: 6E, CL, CG, NQ, TF. I use the trailing stop to follow the up trend when I'm in the trade. I found keeping my sell limit stop one trailing stop back from the recommended trailing stop when the instrument is running is a good idea. Of course you have to watch it as it's moving.

I'm still fighting getting up at 2:45AM US EST to trade the London Opening. If you're using NT, I'd suggest you do the Market Replay after hours to practice and refine your boomerang trading skills. I've also looked at the Emini Watch indicator videos but for now I'm going to "dance with the girl I brung to the dance" and concentrate on Boomerang. One variant that Matt Bowen uses (he developed the risk manager and works for Indicator Warehouse) is using the GMMA in lieu of the trade bias lines in the boomerang. He doesn't scalp as close as Mohan (the developer) does apparently. For what it's worth.

Be interested in hearing how you're going.


Reply With Quote
The following user says Thank You to emini_Holy_Grail for this post:

Reply



futures io > > > > Advice on Trading 6e and 6a for newbie

Thread Tools Search this Thread
Search this Thread:

Advanced Search



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

Jigsaw Trading: TBA

Elite only

FuturesTrader71: TBA

Elite only

NinjaTrader: TBA

Jan 18

RandBots: TBA

Jan 23

GFF Brokers & CME Group: Futures & Bitcoin

Elite only

Adam Grimes: TBA

Elite only

Ran Aroussi: TBA

Elite only
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
My 6E trading strategy cjbooth Currency Futures 1177 October 5th, 2011 06:22 AM
6E (EURUSD) trading alex123 Elite Trading Journals 35 September 17th, 2011 09:15 PM
Trading the 6E camsolution Currency Futures 12 May 17th, 2011 09:00 PM
Advice on Trading Methods tderrick Traders Hideout 2 October 1st, 2010 04:36 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 06:41 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 2017-12-15 in 0.06 seconds with 19 queries on phoenix via your IP 107.20.115.174