Tomorrow's chart - Traders Hideout | futures io social day trading
futures io futures trading


Tomorrow's chart
Updated: Views / Replies:19,422 / 125
Created: by Big Mike Attachments:100

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
 100  
 
Thread Tools Search this Thread
 

Tomorrow's chart

  #71 (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: 46,240 since Jun 2009
Thanks: 29,352 given, 83,232 received


Big Mike View Post
So for tomorrow (Tuesday) what does this mean?

Mike

Let me rephrase, after getting a PM about this from someone (not the poster).

I am just wanting posters to share charts and observations, along with thoughts for the coming day and what possibilities our outcomes we might see tomorrow -- since this thread is titled "Tomorrow's chart", the purpose was an exercise in trying to visualize possible scenarios to trade from tomorrow.

My question was - thanks for the chart, but what to do with it? What areas are you interested in? What is your plan? Are you bullish or bearish?

Mike

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.

Reply With Quote
 
  #72 (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


Big Mike View Post
So for tomorrow (Tuesday) what does this mean?

Mike

As far as my understanding goes, we are in a downtrend channel. My plan is to observe price on approach to the channel boundary as well as the middle of it. I expect a test of these areas to hold unless strength is displayed toward the boundary or the middle in which case i'd expect a breakout and would watch the reaction post-breakout for clues as to future direction. Two possibilities, on weakness following the breakout, the expectation is for a failure and reversal back within the channel or weakness on the pullback then the expectation is for continuation. The objective is to fade the weak hands at key areas, those who get trapped in the wrong direction. I can't cross the bridge until i get there to evaluate the forces in presence so for tomorrow it is not possible to tell presently. All we can do in advance is to spot what appears to be significant levels and trade accordingly once price visits these places again.


Last edited by trendisyourfriend; April 24th, 2012 at 11:01 AM.
Reply With Quote
The following user says Thank You to trendisyourfriend for this post:
 
  #73 (permalink)
Elite Member
SF Bay Area, CA
 
Futures Experience: None
Platform: SC
Favorite Futures: Futures
 
Posts: 204 since Nov 2010
Thanks: 136 given, 175 received


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 rickey for this post:
 
  #74 (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

NQ April 25, 2012

we are still within the channel a strong push upward occured due to Apple's earnings. Need to see the reaction to gauge the impact over the coming days. I would not be surprised to see a second retest of the high and a failure to break due to the strong
Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).


Last edited by trendisyourfriend; April 25th, 2012 at 01:08 PM.
Reply With Quote
The following 2 users say Thank You to trendisyourfriend for this post:
 
  #75 (permalink)
CL Assassin
Near Dallas, Texas, US
 
Futures Experience: Advanced
Platform: NinjaTrader
Broker/Data: ZenFire
Favorite Futures: CL
 
Gary's Avatar
 
Posts: 1,070 since Jun 2009
Thanks: 504 given, 2,230 received

So, here is my ES chart for today.

Me personally, I will look for signs of it continuing to follow this trend-line / move just outside, and optimally just a tick below a previous swing/high low. Otherwise, I will look for it to form a new trend line and then same basic rules. Look for action at extremes of trend-line, and optimally a failed breakdown/breakout bar for a great entry.

If I was guessing I would say we move up to 90ish roll over, then bounce again to head to 95, but that is based on what I am looking at now, which can all change easily. I will adapt as the market changes, but will anticipate and wait for A+ setups only.

If you look at the circled bars 12:49, 1:23, and 2:13, these were examples of the failed breakout bars.

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


Gary

Reply With Quote
The following 3 users say Thank You to Gary for this post:
 
  #76 (permalink)
Elite Member
San Diego, CA USA
 
Futures Experience: Intermediate
Platform: NinjaTrader
Favorite Futures: ES
 
GridKing's Avatar
 
Posts: 3,650 since May 2011
Thanks: 588 given, 877 received

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



http://www.surinotes.com/Tradestation/articles/suriDragon.pdf

"Successful trading is one long journey, not a destination" Peter Borish Former Head of Research for Paul Tudor Jones speaking on conversations with John F. Carter
Reply With Quote
The following 2 users say Thank You to GridKing for this post:
 
  #77 (permalink)
Membership Revoked
Tampa, Florida
 
Futures Experience: Intermediate
Platform: ninjatrader
Favorite Futures: ES
 
Posts: 20 since Jul 2010
Thanks: 6 given, 12 received

charts

may be into some supply here at 1388.00 area hard to say
may be a little zone above also, market will let us know
not giving trade advice

Attached Thumbnails
Tomorrow's chart-60min.png  
Reply With Quote
 
  #78 (permalink)
CL Assassin
Near Dallas, Texas, US
 
Futures Experience: Advanced
Platform: NinjaTrader
Broker/Data: ZenFire
Favorite Futures: CL
 
Gary's Avatar
 
Posts: 1,070 since Jun 2009
Thanks: 504 given, 2,230 received


Gary View Post
So, here is my ES chart for today.

Me personally, I will look for signs of it continuing to follow this trend-line / move just outside, and optimally just a tick below a previous swing/high low. Otherwise, I will look for it to form a new trend line and then same basic rules. Look for action at extremes of trend-line, and optimally a failed breakdown/breakout bar for a great entry.

If I was guessing I would say we move up to 90ish roll over, then bounce again to head to 95, but that is based on what I am looking at now, which can all change easily. I will adapt as the market changes, but will anticipate and wait for A+ setups only.

If you look at the circled bars 12:49, 1:23, and 2:13, these were examples of the failed breakout bars.

Gary

I would say "nailed it", but what good is all of the guessing without action to back it up? Knowledge is worthless without action.

I call it homework, but I did take advantage on the way up here. Will post thoughts for tomorrow later, as I think this is a good exercise.

Reply With Quote
 
  #79 (permalink)
Banned: Vendor self-promotion
LA/CAlifornia REpublic
 
Futures Experience: None
Platform: NT7
Favorite Futures: Chello
 
Gabriyele's Avatar
 
Posts: 3,025 since May 2011
Thanks: 1,552 given, 5,369 received

ES daily Fib levels.........looks like there is room! :)

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
 
  #80 (permalink)
Elite Member
Bala, PA, USA
 
Futures Experience: Intermediate
Platform: NinjaTrader
Broker/Data: Mirus, IB
Favorite Futures: SPY, Oil, Euro
 
monpere's Avatar
 
Posts: 1,858 since Jul 2010
Thanks: 300 given, 3,276 received



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

What does it mean? What does it say about tomorrow?

Reply With Quote

Reply



futures io > > > Tomorrow's chart

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
A Secret Jobs Report Will Be Coming Out Tomorrow... kbit News and Current Events 0 April 2nd, 2012 11:19 PM
Tomorrow's ADP Report Is An Even Bigger Deal Than Usual kbit News and Current Events 1 March 6th, 2012 04:40 PM
Everything You Need To Know About Tomorrow's Big ECB Operation kbit News and Current Events 0 December 20th, 2011 10:10 PM
2Range indicator in 4 Range chart : multi data series chart emini_Holy_Grail NinjaTrader 5 July 3rd, 2011 04:19 PM
unemployment news again tomorrow emini_Holy_Grail Traders Hideout 2 February 4th, 2010 05:10 PM


All times are GMT -4. The time now is 03:13 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 2017-12-14 in 0.14 seconds with 20 queries on phoenix via your IP 54.145.16.43