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


All you need
Updated: Views / Replies:474,627 / 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

  #361 (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, 2,032 received

Just wanted to share a source for news updates that I found. They highlight the ones that they consider "market moving" with a star. Seems to be a bit better than Forex Factory's news page but I'm not sure if this one has international or not (nice for currencies):

2009 Economic Calendar

Reply With Quote
The following 2 users say Thank You to cunparis for this post:
 
  #362 (permalink)
Elite Member
Seattle
 
Futures Experience: Beginner
Platform: NinjaTrader Interactive Brokers
Favorite Futures: 6B
 
Posts: 225 since Jun 2009
Thanks: 135 given, 266 received


cunparis View Post
Just wanted to share a source for news updates that I found. They highlight the ones that they consider "market moving" with a star. Seems to be a bit better than Forex Factory's news page but I'm not sure if this one has international or not (nice for currencies):

2009 Economic Calendar

I love that site, in fact it's my home page. Nice quick reference to the news. Plus after the news is released you can click on the corresponding link to read the details if you're interested. Most importantly it gives me times to stay away from the market.

Good trading.

Blz

Reply With Quote
 
  #363 (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.......+25 points...... frustrating. First trade, hits first target comes back to entry...I decide to close trade.... market goes to second target. Hmmmm. should have been more patient. Second trade, breakeven. Third trade, + 7/11... breaks the swing low, we take some heat, then both targets filled. All three trades frustrating so I don't take the next set. Plus the market is moving slow. Missed trade works !! Wouldn't you know it. Oh well, still on the plus side.

Attached Thumbnails
All you need-ym-09-09-9_8_2009-10-range-.jpg  
Reply With Quote
 
  #364 (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, 2,032 received


Jeff Castille View Post
Well.......+25 points...... frustrating. First trade, hits first target comes back to entry...I decide to close trade.... market goes to second target. Hmmmm. should have been more patient. Second trade, breakeven. Third trade, + 7/11... breaks the swing low, we take some heat, then both targets filled. All three trades frustrating so I don't take the next set. Plus the market is moving slow. Missed trade works !! Wouldn't you know it. Oh well, still on the plus side.

Good job jeff, today was very challenging for me.

I wanted to take your first trade on ES but I wanted to wait until the first 15 minutes were up. I'm not sure that's a good rule cause sometimes price just takes off and you miss out.

The 2nd I didn't take, you took it on a TL break right? I'm a bit nervous to do that but I think it does get you a bit better price and lower risk.

The 3rd I took but i'm not scaling out and ended up with a small loss on that one.

I was profitable on my sine wave trading, just a few ticks though.

BTW your first trade, the EMA was grey/white. Are you relaxing that criteria a bit? I'm seriously considering removing the MA's on my chart and eco bars. It seems when I want to enter the eco is always the right color, HMA is always right color. Sometimes EMA is flat but I'm not sure that's as important. Do you find eco and/or HMA keep you out of bad trades??

Reply With Quote
 
  #365 (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

More detail on todays trades

YM #"S KEY NUMBERS

SELL RANGE BUY

89 90-05 06

69 70-80 81

44 45-55 56

19 20-30 31

Hey Cumparis,

The YM is really oriented in 10"s. So in the above chart you'll note buying on 1's and 6's, selling on 9's and 4's. (Of course these are general observations and need to be taken into consideration with swing high/lows and known major support and resistance)

So.... at the open you'll note that the market had tested 9491 twice.... it was a swing low.... and 3 ticks below was a key number that is a good sell number so I went for it. I was a little apprehensive because the 50 EMA had not turned yet which is what caused me to pull the plug too early on the second target. In retrospect I obviously should have stayed with the trade, trusted my analysis and made more money. Live and learn. (At least I made money on that learning experience which isn't always the case)

The second trade, more of the same.....the market had retraced to just above the 50 EMA then started back down.... you'll note that 69 is another key number.... so I set the sell stop and it took me in. This was one of those cases where moving my stop did not pay off, resulting in a breakeven trade. These two trades make me wonder if two 7 point scalps with both positions would have been a better approach. (all in, all out?)

Third trade.... break of the twice tested swing low..... took some heat as it again retraced to the 50 EMA but..... went for both targets.

So.... the key number approach does play a part in my decision making process. It's nice when everything turns the same color when you'd like it to but.... the numbers rule. Besides.... more often than not... when the numbers are "right" the colors will catch up soon enough.

Reply With Quote
 
  #366 (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

key numbers

After awhile, if you decide to trade the YM, you will have all these numbers memorized and will automatically take them into consideration when entering trades. ( or not entering)

Hope this is easier to see.

Jeff

Attached Files
Register to download File Type: docx YM KEY NUMBERS.docx (10.9 KB, 74 views)
Reply With Quote
 
  #367 (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, 2,032 received


Jeff Castille View Post
After awhile, if you decide to trade the YM, you will have all these numbers memorized and will automatically take them into consideration when entering trades. ( or not entering)

Hope this is easier to see.

Jeff

I decided to trade YM last week but after studying Friday's charts for YM & ES they seemed pretty similar so I thought I'd stick with ES since I have been trading it for a while now.

But in Feb's forex thread they look for a swing of 30-40 ticks. In ES 30 ticks is just 7.5 points. The 21 day avg range of ES over the last month has been around 15. But that 15 pts doesn't come in 2 swings, it's lots of little swings.

So I was thinking that maybe the feb method could work for YM since the ticks are smaller and the swings have more ticks. I'm still toying around with the idea.

Reply With Quote
 
  #368 (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, 2,032 received

I'm taking the plunge. Tomorrow I'm trading YM with NO indicators. Not even volume. Wish me luck!

Reply With Quote
 
  #369 (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

More key numbers

I think the "feb" thing would work pretty well on the YM.... I'm not so sure about the ES.

Here's a chart with a few comments. Note the small horizontal white lines and what happens when they are breached.

Jeff

Attached Thumbnails
All you need-ym-09-09-9_8_2009-10-range-.jpg  
Reply With Quote
 
  #370 (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, 2,032 received

here's what I was thinking


This is done in hindsight, after the close..

Even though it probably would have lost money, I would have done better than I did trading ES with All you need.

We just have to decide a few things:

1 - how many ticks do we need for a swing? (30)
2 - what kind of chart? 5min? tick chart? 10 range?
3 - how many bars for pullback? 2?
4 - what profit target & stop? (I like a 1:1)
5 - do we trail stop tick by tick or put it under the recent swing low (even a minor one)

first chart - 699 tick chart

second - 10 range. notice first trade doesn't trigger cause there's not enough of a pullback

I will try it tomorrow on tick chart. Just to be cool I'll use 610 cause it's a fib number.

Attached Thumbnails
All you need-20090908-ym-feb.jpg   All you need-20090908-ym-feb-10r.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)

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
     


All times are GMT -4. The time now is 03:11 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 2017-12-16 in 0.15 seconds with 19 queries on phoenix via your IP 54.163.209.109