Break Out of Fake Out - Traders Hideout | futures io social day trading
futures io futures trading

Break Out of Fake Out
Updated: Views / Replies:6,031 / 14
Created: by tderrick Attachments:1

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 100,000 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

Thread Tools Search this Thread

Break Out of Fake Out

  #11 (permalink)
Membership Revoked
Trading Experience: Intermediate
Platform: NinjaTrader
Favorite Futures: ES
Posts: 193 since Feb 2012
Thanks: 26 given, 58 received


If you follow the ones you have set for your method you'll be on your way!!

Reply With Quote
The following user says Thank You to PowerBroker for this post:
  #12 (permalink)
Elite Member
SF Bay Area, CA
Trading Experience: None
Platform: SC
Favorite Futures: Futures
Posts: 204 since Nov 2010
Thanks: 136 given, 175 received

tderrick View Post
Do we wait for it to break and then wait for the PB that sometimes never returns? Which also lets us
see if it is indeed a BO.

Do we enter at the best possible price after it breaks the channel and place your stop clear
at the bottom of the channel?
The same as above with some type of static stop?

...etc, etc...

I like neither of these options. I like to be in prior to the break out. I have no idea which way the market will break, but I can weigh my options based on a lot of different input and then pick a side. The great thing about trading a range is that your risk is clearly defined.

For a long bias I want to enter a trade toward the bottom half of the range with my stop below the range. Here is an example from today.

Please register on 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 rickey for this post:
  #13 (permalink)
Banned: User asked to be banned
Calgary, Canada
Trading Experience: Intermediate
Platform: Multiple
Broker/Data: Multiple
Favorite Futures: Multiple
Deucalion's Avatar
Posts: 430 since Aug 2009
Thanks: 103 given, 1,209 received

Same chart.....look at it a bit differently.........How about context and structure...would it be worthwhile to identify structure? the primary trend and force and the less forceful corrective......and then trade. Trade the primary with aggression and size and trade the corective with smaller size.

Please register on 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 Deucalion for this post:
  #14 (permalink)
Membership Revoked
Ontario, Canada
Trading Experience: None
Platform: NT
Broker/Data: IB
Favorite Futures: gold
dario1's Avatar
Posts: 405 since Jan 2012
Thanks: 62 given, 52 received

PowerBroker View Post
Here is a pearl of wisdom that was told to me which I will now pass on cuz I am leaving here.

The market is ALWAYS going to be there. LET the BO run away. It's going to be back! AGAIN and AGAIN. Eventually you WILL get it. There WILL always be another set up coming. Just wait for the market to give you what YOU want.

Patience was one of the hardest things for me to learn. Admittedly I am Still working on it!!

Everyday is a chance for a new beginning!

Trade smart OR JUST DON'T TRADE...

I just cannot believe that nobody thanked for this post yet;

--but nothing surprise me these days (even the market hehe)

And patience is one of the hardest things for me to learn too.

Reply With Quote
  #15 (permalink)
Elite Member
Nashville, Tennessee
Trading Experience: Intermediate
Platform: Ninja / Jigsaw / 9G
Broker/Data: AMP / CQG
Favorite Futures: NQ, YM and ES
tderrick's Avatar
Posts: 1,589 since Sep 2010
Thanks: 4,260 given, 2,527 received

dario1 View Post
I just cannot believe that nobody thanked for this post yet;

--but nothing surprise me these days (even the market hehe)

And patience is one of the hardest things for me to learn too.

I'll fix that ... just an oversight, I guess. I certainly remember the post

Nashville, Tennessee

"Life On The Edge of SR"
Reply With Quote


futures io > > > Break Out of Fake Out

Thread Tools Search this Thread
Search this Thread:

Advanced Search

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

Journal Challenge $1600 in Prizes & Free Journalytix for all participants!


Trading Resolutions for 2019 - Avoiding Mistakes w/GFF Brokers

Feb 19

3 Excellent Entries, and How To Automate Them w/Kevin Davey

Feb 21

The Driving Force Behind the Market w/Earn2Trade

Mar 5

TBA w/Stage5 & iSystems

Mar 12

TBA w/John Grady @ No BS Day Trading

Mar 19

Day Trading Oil Futures: Reducing Risk & Increasing Profits w/DTN IQFeed

Mar 26

Similar Threads
Thread Thread Starter Forum Replies Last Post
Record $6 Trillion of Fake U.S. Bonds Seized GridKing News and Current Events 0 February 17th, 2012 04:16 PM
Italy police seize $6 trillion of fake U.S. T-bonds kbit News and Current Events 0 February 17th, 2012 10:55 AM
US Drone Displayed On Iranian TV Is A Fake kbit News and Current Events 0 December 8th, 2011 06:36 PM
Q3 GDP Is A Head Fake Quick Summary News and Current Events 0 October 31st, 2011 03:40 AM
Howard Schultz: The Commodity Rally Is Fake kbit News and Current Events 0 May 12th, 2011 01:54 PM

6e, breakouts, dom, dow, el, futures, how to, how to trade, information, momentum, quantify, quotes, scalping, short, snagit, support_and_resistance, tick, trading, trend, type, which way

All times are GMT -4. The time now is 06:07 AM. (this page content is cached, log in for real-time version)

Copyright © 2019 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432 WhatsApp Business,
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 2019-02-19 in 0.17 seconds with 15 queries on phoenix