The Italian Job - Traders Hideout | futures io social day trading
futures io futures trading


The Italian Job
Updated: Views / Replies:69,745 / 667
Created: by redratsal Attachments:31

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
 31  
 
Thread Tools Search this Thread
 

The Italian Job

  #61 (permalink)
Elite Member
Barcelona, Spain
 
Futures Experience: Intermediate
Platform: NinjaTrader 7
Broker/Data: Interactive Brokers/Kinetick
Favorite Futures: US stocks, EUR/USD
 
BCNTrader's Avatar
 
Posts: 119 since Sep 2010
Thanks: 138 given, 109 received

Instead of thanks there must be a button to say "I'm amazed" haha... Congrats, you're very consistent

Reply With Quote
The following user says Thank You to BCNTrader for this post:
 
  #62 (permalink)
Elite Member
Milan (I)
 
Futures Experience: Advanced
Platform: Ninjatrader
Broker/Data: Kinetick
Favorite Futures: FDAX,6E,CL,YM,NQ,ES
 
redratsal's Avatar
 
Posts: 1,653 since Oct 2010
Thanks: 1,217 given, 2,067 received

My Third trade on CL +288 USD

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

Reply With Quote
The following 2 users say Thank You to redratsal for this post:
 
  #63 (permalink)
Elite Member
Milan (I)
 
Futures Experience: Advanced
Platform: Ninjatrader
Broker/Data: Kinetick
Favorite Futures: FDAX,6E,CL,YM,NQ,ES
 
redratsal's Avatar
 
Posts: 1,653 since Oct 2010
Thanks: 1,217 given, 2,067 received


I did not want to trade the 6E today, and the up n down spikes on the 5 minutes charts, were reinforcing this thought, I looked at the 60 min chart and the only trade I wanted to take was on the Support line of the 60 min chart at 1.45. It took some time and 3 contracts for the pullback; the trade was closed with +450 USD

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


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

Reply With Quote
The following 4 users say Thank You to redratsal for this post:
 
  #64 (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

Redratsal,

I was monitoring the 6E this morning too and had identified a few important key levels. My assumption was that price could go as low as the Value area Low for the week at 1,4490 and that the next level that would be defended by buyers was at 1,4475. 1,4475 is the starting level where initiative buying took place a few days ago.

Attached Thumbnails
The Italian Job-6e_custommarketprofile.jpg  
Reply With Quote
 
  #65 (permalink)
Elite Member
Milan (I)
 
Futures Experience: Advanced
Platform: Ninjatrader
Broker/Data: Kinetick
Favorite Futures: FDAX,6E,CL,YM,NQ,ES
 
redratsal's Avatar
 
Posts: 1,653 since Oct 2010
Thanks: 1,217 given, 2,067 received


trendisyourfriend View Post
Redratsal,

I was monitoring the 6E this morning too and had identified a few important key levels. My assumption was that price could go as low as the Value area Low for the week at 1,4490 and that the next level that would be defended by buyers was at 1,4475. 1,4475 is the starting level where initiative buying took place a few days ago.

Thanks for your sharp assumption, happy that with different models we came to similar conclusions

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

Reply With Quote
The following user says Thank You to redratsal for this post:
 
  #66 (permalink)
Elite Member
Milan (I)
 
Futures Experience: Advanced
Platform: Ninjatrader
Broker/Data: Kinetick
Favorite Futures: FDAX,6E,CL,YM,NQ,ES
 
redratsal's Avatar
 
Posts: 1,653 since Oct 2010
Thanks: 1,217 given, 2,067 received

That was the last trade of the Day CL with 2 contracts +498 USD
Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).



Total of the day +2000 USD

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

Reply With Quote
The following 2 users say Thank You to redratsal for this post:
 
  #67 (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


redratsal View Post
Thanks for your sharp assumption, happy that with different models we came to similar conclusions

redratsal,

The reason why i posted a chart with horizontal volume nodes was to show less risky areas to place some of your entries. You are probably a more agressive trader than i judging from your trades. I don't expect it will change your perspective but we never know it can speak volume for someone else .

Reply With Quote
The following 2 users say Thank You to trendisyourfriend for this post:
 
  #68 (permalink)
Elite Member
Barcelona, Spain
 
Futures Experience: Intermediate
Platform: NinjaTrader 7
Broker/Data: Interactive Brokers/Kinetick
Favorite Futures: US stocks, EUR/USD
 
BCNTrader's Avatar
 
Posts: 119 since Sep 2010
Thanks: 138 given, 109 received


redratsal View Post
Thanks for your sharp assumption, happy that with different models we came to similar conclusions

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

A trading colleague told me about this 60min chart as a Head and Shoulders pattern that were forming (at 4am EST) but I had no balls to short it with Trichet speaking.

Reply With Quote
The following user says Thank You to BCNTrader for this post:
 
  #69 (permalink)
Elite Member
Milan (I)
 
Futures Experience: Advanced
Platform: Ninjatrader
Broker/Data: Kinetick
Favorite Futures: FDAX,6E,CL,YM,NQ,ES
 
redratsal's Avatar
 
Posts: 1,653 since Oct 2010
Thanks: 1,217 given, 2,067 received


BCNTrader View Post
A trading colleague told me about this 60min chart as a Head and Shoulders pattern that were forming (at 4am EST) but I had no balls to short it with Trichet speaking.

It was indeed a nice pattern, i prefer to wait for pullbacks from such down legs because i know the move already happened and i am acting accordingly. Unfortunately patterns are not always reliable but this one was a good call.


Last edited by redratsal; June 10th, 2011 at 03:00 AM.
Reply With Quote
The following user says Thank You to redratsal for this post:
 
  #70 (permalink)
Elite Member
Milan (I)
 
Futures Experience: Advanced
Platform: Ninjatrader
Broker/Data: Kinetick
Favorite Futures: FDAX,6E,CL,YM,NQ,ES
 
redratsal's Avatar
 
Posts: 1,653 since Oct 2010
Thanks: 1,217 given, 2,067 received


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


Last edited by redratsal; June 10th, 2011 at 05:57 AM.
Reply With Quote
The following user says Thank You to redratsal for this post:

Reply



futures io > > > The Italian Job

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
Is Italian Bond Selloff Becoming Self-Fulfilling? Quick Summary News and Current Events 1 August 3rd, 2011 05:59 AM
Italian Banks Slump After Bond Purchase Report Quick Summary News and Current Events 0 July 27th, 2011 07:10 AM
Italian Traders Subforum Big Mike Italian Traders 0 October 28th, 2010 12:56 AM


All times are GMT -4. The time now is 10:34 PM.

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 2017-12-10 in 0.14 seconds with 20 queries on phoenix via your IP 54.221.73.186