All you need - Traders Hideout | futures io social day trading
futures io futures trading


All you need
Updated: Views / Replies:451,361 / 2,472
Created: by Jeff Castille Attachments:534

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
 534  
 
Thread Tools Search this Thread
 

All you need

  #131 (permalink)
Elite Member
Northern California
 
Futures Experience: Intermediate
Platform: Ninja Trader
Broker/Data: Amp Futures/ Zen-Fire
Favorite Futures: YM and CL
 
Jeff Castille's Avatar
 
Posts: 2,119 since Jun 2009
Thanks: 1,785 given, 3,279 received

Nice Template

Hey Mahlon,

Nice template. Have you ever tried using the 20 and 50 EMA on the slingshot?

Reply With Quote
 
  #132 (permalink)
Elite Member
Lagos, Nigeria
 
Futures Experience: Intermediate
Platform: NinjaTrader, SierraChart
Favorite Futures: Euro Currency & Oil
 
lolu's Avatar
 
Posts: 2,440 since Jun 2009
Thanks: 999 given, 1,595 received


mahlonhersh View Post
Lolu,

The green/violet line is a 14 HMA. The gold and cyan lines are the sling shot indicator. Gold is 60 HMA and the cyan is 180 HMA. I had been working with T3 Average lines but I couldn't figure out how to get them into the sling shot, so I just tried all the different ones that are already provided in sling shot. It worked out good, because I like this better now anyway.

Yes the third panel is volume. It is volume graph which I think Mike put together.

I like to keep my chart simple. So far this is working out. I welcome any feedback.

Mahlon


Mahlon,

Thanks.

Is the 14HMA a DoubleMA with 14 (MA1Period), 1 (MA2Period) and HMA (MA1Type/MA2Type) settings ?

Have you tried the 20EMA 50EMA as suggested by Jeff ? This seems to rhyme with Jeff's "EMA_Colors 50EMA" setup on his "All You Need" style.

Lolu

Reply With Quote
 
  #133 (permalink)
Elite Member
Lagos, Nigeria
 
Futures Experience: Intermediate
Platform: NinjaTrader, SierraChart
Favorite Futures: Euro Currency & Oil
 
lolu's Avatar
 
Posts: 2,440 since Jun 2009
Thanks: 999 given, 1,595 received



Jeff Castille View Post
Hey Mahlon,

Nice template. Have you ever tried using the 20 and 50 EMA on the slingshot?

Jeff,

Can I just replace the "EMA_Colors 50EMA" indy on your "All You Need" set-up, with this 20/50 EMA Slingshot setting you are suggesting, because it just beautifully lines up with the latter.

Lolu

Reply With Quote
 
  #134 (permalink)
Elite Member
Lagos, Nigeria
 
Futures Experience: Intermediate
Platform: NinjaTrader, SierraChart
Favorite Futures: Euro Currency & Oil
 
lolu's Avatar
 
Posts: 2,440 since Jun 2009
Thanks: 999 given, 1,595 received


lolu View Post
Jeff,

Can I just replace the "EMA_Colors 50EMA" indy on your "All You Need" set-up, with this 20/50 EMA Slingshot setting you are suggesting, because it just beautifully lines up with the latter.

Lolu

Jeff,

I just note that the "EMA_Colors 50EMA" indy is still very very usefull, so I'll leave it on my "All You Need" chart.

Lolu

Reply With Quote
 
  #135 (permalink)
Elite Member
Keithville LA
 
Futures Experience: Intermediate
Platform: NinjaTrader
Broker/Data: Mirus
Favorite Futures: NQ,TF,YM
 
Skid's Avatar
 
Posts: 109 since Aug 2009
Thanks: 56 given, 90 received

Thanks Lolu and Jeff
The one thing I liked when on Tradestation was the pivot point seemed to be more accurate than ninja or thinkorswim or all the other pivots I ran across. Funny how all claim to be the pivot point yet all are differant.

Skid

Reply With Quote
 
  #136 (permalink)
Elite Member
Arizona
 
Futures Experience: Intermediate
Platform: NinjaTrader
Broker/Data: Mirus/Zen-Fire
Favorite Futures: ES
 
Posts: 154 since Jun 2009
Thanks: 708 given, 168 received


Jeff Castille View Post
Hey Mahlon,

Nice template. Have you ever tried using the 20 and 50 EMA on the slingshot?

Jeff,

I had not tried the 20/50 EMA settings before. I put them on this morning and it does look kind of interesting. I may watch them for a few days here to see what I think.

My thinking with the settings I had chosen - I was using something around a 50 MA as a baseline on my main chart - above 50 MA - look for longs - below 50 MA look for shorts. I also wanted a longer timeframe representation on my main chart - 3-5 X 50 MA = 150 - 250 MA. I was doing this with the Wizard template and the colored bars. One day I just put the lines on my chart and it just jumped out at me. You could very visibly see where you wanted to be in a trade and where you didn't want to be in a trade. It was kind of an "aha" moment for me. By using the sling shot you can shade in the "no trade" zone. This was not seen very easily on the Wizard template.

Mahlon

Reply With Quote
 
  #137 (permalink)
Elite Member
Arizona
 
Futures Experience: Intermediate
Platform: NinjaTrader
Broker/Data: Mirus/Zen-Fire
Favorite Futures: ES
 
Posts: 154 since Jun 2009
Thanks: 708 given, 168 received


lolu View Post
Mahlon,

Thanks.

Is the 14HMA a DoubleMA with 14 (MA1Period), 1 (MA2Period) and HMA (MA1Type/MA2Type) settings ?

Have you tried the 20EMA 50EMA as suggested by Jeff ? This seems to rhyme with Jeff's "EMA_Colors 50EMA" setup on his "All You Need" style.

Lolu

Lolu,

The DoubleMA should work fine like you said. I actually have been using the HMA Color indicator, which I am posting here.

See my note to Jeff about the 20/50 EMA.

How is your trading going? I had four successful trades again this morning. The thing that has helped me a lot is cutting my profit target back to 5 tics.

Mahlon

Attached Files
Register to download File Type: zip HMA_Color.zip (5.6 KB, 170 views)
Reply With Quote
The following 2 users say Thank You to mahlonhersh for this post:
 
  #138 (permalink)
Elite Member
Lagos, Nigeria
 
Futures Experience: Intermediate
Platform: NinjaTrader, SierraChart
Favorite Futures: Euro Currency & Oil
 
lolu's Avatar
 
Posts: 2,440 since Jun 2009
Thanks: 999 given, 1,595 received


mahlonhersh View Post
Lolu,

The DoubleMA should work fine like you said. I actually have been using the HMA Color indicator, which I am posting here.

See my note to Jeff about the 20/50 EMA.

How is your trading going? I had four successful trades again this morning. The thing that has helped me a lot is cutting my profit target back to 5 tics.

Mahlon

Mahlon,

Thanks for the HMA Color indy.

In view of your tested experience with the 60HMA/180HMA setup, I'll stick to that.

I'm on SIM at the moment. The SIM experience has been very useful. I'm immediately commencing opening a LIVE account with Mirus. What's your advice on trading Futures currency instruments such as eurofx (6E 09-09), British £ (6B 09-09), etc. I already have a Spot Forex background.

Does this setup (Sharky's, etc) work only for ZN 09-09 instrument ?

Lolu

Reply With Quote
 
  #139 (permalink)
Elite Member
Northern California
 
Futures Experience: Intermediate
Platform: Ninja Trader
Broker/Data: Amp Futures/ Zen-Fire
Favorite Futures: YM and CL
 
Jeff Castille's Avatar
 
Posts: 2,119 since Jun 2009
Thanks: 1,785 given, 3,279 received

This mornings YM trades

Well..... 3 winners..... a bit unorthodox, but a win is a win. Today I put up a template I call "All You Need PLUS" That would be adding a 20 EMA,ADX,3/10 oscillator. I must say that the oscillator threw me off a bit and I believe caused me to miss the best trade of the morning. (again) The "unorthodox" trades were the divergence trade and the fib retrace to the 20 EMA.

All in all a good morning. Three winning 7/11 trades with a 2 lot.... that's $270.00. Since volume is often low on Fri. I'm done for the day.

Mahlon, I appreciated your "aha" moment. Same thing happened for me. When I noticed the 50 EMA thing I was standing on the other side of the room and the trades jumped at me. That's when I started stripping away all unnecessary stuff from my charts.

Anyway, have a great weekend guys and read LBR,Crabel and price action stuff.

Attached Thumbnails
All you need-ym-09-09-8_28_2009-10-range-.jpg  
Reply With Quote
 
  #140 (permalink)
Trade with the flow
Paris, France
 
Futures Experience: Advanced
Platform: Market Delta & Ninjatrader
Favorite Futures: ES
 
cunparis's Avatar
 
Posts: 2,563 since Jun 2009
Thanks: 1,157 given, 2,030 received

Today's trades


Thanks Jeff. We had similar trades for my first 3. Then I got a bit silly.

Trades 1 - pretty standard. I use 8 tick target on ES and don't even think about it if price goes another 10 points. I just want my 4-8 ticks. I'm trying my best not to be greedy.

On my 4th trade, there was a "first cross" trade and lined up with trendline break, and a bounce off the big trendline. I moved my stop to BE too soon and got taken out for a scratch trade. I would have made my target had I not done that and I'm still debating if it's a good thing to do.

For the 5th I tried to re-enter but I didn't realize it there was a first cross long trade so I should have stayed out. Plus the EMA was showing chop. I regret it because this one trade took away half my profits for the day! I really have to work on that. I finished +$100.

I was also simming the first cross on some tick charts and did miserably. I think it has to be filtered out when traded intraday. I'm working on figuring out some filters. I think first cross is a nice addition to your trading method so I welcome the new "plus" template.

Friday night is pizza night so i'm out too. Thanks to everyone for a great thread. I'm going to practice over the weekend, see you on Monday.

PS: Drawing trendlines helped me immensely. I use to draw them and kind of stopped, I'm definitely going to keep drawing them. They tell me when the market is likely to reverse and when I should take profits. Also identifies chop pretty well. Very useful..

PSS: What's 7/11? I've heard you mention it the first time and I thought you went out for a slurpee but now it seems like a trade setup. hehe...

Attached Thumbnails
All you need-es-09-09-8_28_2009-4-range-.jpg  
Reply With Quote

Reply



futures io > > > All you need

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
     


All times are GMT -4. The time now is 02:09 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 2017-12-11 in 0.14 seconds with 19 queries on phoenix via your IP 54.226.34.209