NexusFi: Find Your Edge


Home Menu

 





Larix - MTJ


Discussion in Trading Journals

Updated
      Top Posters
    1. looks_one Larix with 122 posts (29 thanks)
    2. looks_two MiniP with 3 posts (1 thanks)
    3. looks_3 rintin2x with 2 posts (0 thanks)
    4. looks_4 Quick Summary with 1 posts (0 thanks)
    1. trending_up 19,962 views
    2. thumb_up 30 thanks given
    3. group 5 followers
    1. forum 126 posts
    2. attach_file 66 attachments




 
Search this Thread

Larix - MTJ

  #81 (permalink)
Larix
Moscow/Russia
 
Posts: 135 since Jul 2015
Thanks Given: 18
Thanks Received: 38

6B, micros, H1


Well, I was wrong - price did what it did but due s/l usage I didn’t loose too much - only 9% from last successful trade. Let’s see what will be on the next week.

Reply With Quote

Can you help answer these questions
from other members on NexusFi?
ZombieSqueeze
Platforms and Indicators
NexusFi Journal Challenge - April 2024
Feedback and Announcements
New Micros: Ultra 10-Year & Ultra T-Bond -- Live Now
Treasury Notes and Bonds
My NT8 Volume Profile Split by Asian/Euro/Open
NinjaTrader
Are there any eval firms that allow you to sink to your …
Traders Hideout
 
Best Threads (Most Thanked)
in the last 7 days on NexusFi
Get funded firms 2023/2024 - Any recommendations or word …
59 thanks
Funded Trader platforms
37 thanks
GFIs1 1 DAX trade per day journal
22 thanks
NexusFi site changelog and issues/problem reporting
22 thanks
The Program
20 thanks
  #82 (permalink)
Larix
Moscow/Russia
 
Posts: 135 since Jul 2015
Thanks Given: 18
Thanks Received: 38

Hello everyone

I hopped in to continue my online journey - another attempt.
I still trade - do couple trades per month but most time I wait. So its quote boring to write. I still work with 6b, 6e and mostly watch gc.
What pushed me to write again - I want share something interesting (from my point of view) about British Pound.
I think we are now in correction from previous up movement and 1st pivot point is possible.
Why do I think so?
1) We are almost in 1/2 of previous up movement.
2) I see here important option levels.
3) This is the place where money stood for weeks before proceed its up movement. So I expect them here again with distribution.


I might do any future amendments, it depends on both future price and options activity.

Right now Im out of the market.

Here I indicate possible zones to continue short trades which I found acceptable for me.



If you have any questions/ideas concerning 6B, you are welcome to share.

Reply With Quote
  #83 (permalink)
Larix
Moscow/Russia
 
Posts: 135 since Jul 2015
Thanks Given: 18
Thanks Received: 38


I was right but I missed trade opportunity.


whats next?

lets see what do we have when price reached 1/2 of whole correction. I think we'll have here good opportunity.


Reply With Quote
  #84 (permalink)
Larix
Moscow/Russia
 
Posts: 135 since Jul 2015
Thanks Given: 18
Thanks Received: 38

Market gave opportunity white testing all shorts

Reply With Quote
  #85 (permalink)
Larix
Moscow/Russia
 
Posts: 135 since Jul 2015
Thanks Given: 18
Thanks Received: 38

and result; lets see what next week bring us

Reply With Quote
  #86 (permalink)
Larix
Moscow/Russia
 
Posts: 135 since Jul 2015
Thanks Given: 18
Thanks Received: 38

I wanna share something with others.
At Friday night I got a new signal for longs and I opened new position but I didn't add S/L simultaneously - gave some time to the market to find a bottom before weekend. While I was working with other ticket, market closed and here we go on today morning. Near 100 points of losses.
So today I added expert which automatically adds S/L or T/P or trailing stop of any size - "Exp Assistant 5" for MT4 & MT5 - not bad tool and free to use. You can install this by using Market button in MT 4/5.

Reply With Quote
  #87 (permalink)
Larix
Moscow/Russia
 
Posts: 135 since Jul 2015
Thanks Given: 18
Thanks Received: 38

quick logic on the screen
3 important red squares of the volume accumulation
if I wrong I'll loose less 2% of my acc


Reply With Quote
  #88 (permalink)
Larix
Moscow/Russia
 
Posts: 135 since Jul 2015
Thanks Given: 18
Thanks Received: 38


Reply With Quote
  #89 (permalink)
Larix
Moscow/Russia
 
Posts: 135 since Jul 2015
Thanks Given: 18
Thanks Received: 38

I was thinking about s&p while it was in small range between 30 of May and 8 of June.
Maybe its possible somehow to see something on options to predict future movement?
I saw some tips on chart like PA and did maybe strange thing:
I transferred data for 2 days: 01 (near beginning) and 08 (near end) of June, compounded all weeks and compared them but only for weeks, not for months. I wanted to see options in dynamics, may be nearest goals.
Options are for me now just a concept and I'll modify my understanding in a future. But that is what I have now.

I see nearest put goals heavy loaded with money while calls are loosing them mostly
I see most round levels are also interested for traders (like in GBP)
Puts levels are 2,5 times greater than calls
I see some lets say "levels" which are the same on weekly and monthly options and I've reflected them on the W1chart and they also correspond with past volume of the uptrend and that is a good sign

I don't understand full mechanism of the options and collect some statistics but I 100% sure - on the market options are the first/mandatory in most ways but its just derivatives from something essential so I have to not forget basis of such tool, its nature and specific.

Calls + Puts in the table


lets compare to the monthly options levels
EP weeks 2022-06-10


EP result for today


Calls 01+08


Puts 01+08



GBP is still falling down...

Reply With Quote
  #90 (permalink)
Larix
Moscow/Russia
 
Posts: 135 since Jul 2015
Thanks Given: 18
Thanks Received: 38


I want share something with others about GBP.

Concerning current accumulation. It started 16/06 and this is how it was (Open Interest):
-2,793 16.06.22
-5,764 17.06.22
-2,154 21.06.22
-2,274 22.06.22
1,829 23.06.22 (preliminary)
As you see money left the market mostly. If so when this is not a new trend and just another money distribution -> we still in shorts.

Where is the entry point? Difficult for me but I think small red square above. We will gather possible stops before do something else. This is most common way of how currencies work.


What are our goals? I watch options and for myself see 1,17 level as most acceptable: biggest volume + good volume dynamics are here.

Reply With Quote




Last Updated on April 16, 2023


© 2024 NexusFi™, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
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.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Privacy Policy - Downloads - Top
no new posts