The Valley of the Rainbows - Traders Hideout | futures io social day trading
futures io futures trading


The Valley of the Rainbows
Updated: Views / Replies:11,896 / 48
Created: by max-td Attachments:29

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 – 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 don’t 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
 29  
 
Thread Tools Search this Thread
 

The Valley of the Rainbows

  #11 (permalink)
Elite Member
Perdido Beach, AL
 
Futures Experience: Intermediate
Platform: graph paper
Favorite Futures: Guitar
 
websouth's Avatar
 
Posts: 1,150 since Jul 2009
Thanks: 1,094 given, 1,299 received

set a wave on your favorite instrument and use just a line chart (timeframe doesn't matter) and watch how it flows. I attached a ghost template.
Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).

The size of the waves vary but there is a similarity among them. This is the flow of the market. Can you figure out how to profit from this....

If any of you surf - you can not tell if a big wave is going to form you can only tell a wave is forming and you react accordingly.


+++++++++++
put chart template in
documents/Ninjatrader6.5/Templates/Chart

Attached Files
Register to download File Type: xml ghost.xml (49.4 KB, 50 views)
Reply With Quote
The following 2 users say Thank You to websouth for this post:
 
  #12 (permalink)
Elite Member
Perdido Beach, AL
 
Futures Experience: Intermediate
Platform: graph paper
Favorite Futures: Guitar
 
websouth's Avatar
 
Posts: 1,150 since Jul 2009
Thanks: 1,094 given, 1,299 received

OK the surfing lesson is over...

If you like a cleaner chart take a look at just the pivot lines and the spine. Then use traditional price action (trendlines, flags, etc) with this.
Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).



ps.
you need the slingshot and the wmacolored indicators from the download section for this template.

put chart template in
documents/Ninjatrader6.5/Templates/Chart

Attached Files
Register to download File Type: xml BR.xml (10.8 KB, 45 views)
Reply With Quote
The following 4 users say Thank You to websouth for this post:
 
  #13 (permalink)
Elite Member
KANATA,ON Canada
 
Futures Experience: Beginner
Platform: Ninja
Broker/Data: Mirus,Zen-Fire
Favorite Futures: Currencies
 
sukhsan's Avatar
 
Posts: 106 since Jun 2009
Thanks: 93 given, 65 received


thanks websouth


SSS

Reply With Quote
 
  #14 (permalink)
Elite Member
Frankfurt
 
Futures Experience: Intermediate
Platform: NinjaTrader
Favorite Futures: FGBL 6E B4
 
max-td's Avatar
 
Posts: 1,754 since Jun 2009
Thanks: 2,309 given, 917 received

thanks a lot websouth for the input !

shure, the waves come up in all timeframes - but you have to find out whats really tradeable - in fact of speed + slippage - to get sensemaking fills and enough ticks running after your entry.
in this direction i have no idea yet how this will be in live the c-future + not only watching it from a static chartpicture.
iE rangeCharts -- the fill after a barclose is a minimum 2 ticks away if price doesnt come back some ticks on the next Bar.

max-td
Reply With Quote
 
  #15 (permalink)
Elite Member
Perdido Beach, AL
 
Futures Experience: Intermediate
Platform: graph paper
Favorite Futures: Guitar
 
websouth's Avatar
 
Posts: 1,150 since Jul 2009
Thanks: 1,094 given, 1,299 received

OK OK OK - one more than I'll wait for some feedback. This is a fav.

You need slingshot from the indicators section.... shout out to Roonius. I love this indicator.

This is another wave based on
1-12 ema
42-60 wma
120-200 ema

Modern Art - waves change color with trend. Lots of jump in/out points at intersections or along the way.
Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).

Attached Files
Register to download File Type: xml modernArt.xml (13.2 KB, 71 views)
Reply With Quote
The following 3 users say Thank You to websouth for this post:
 
  #16 (permalink)
Elite Member
Frankfurt
 
Futures Experience: Intermediate
Platform: NinjaTrader
Favorite Futures: FGBL 6E B4
 
max-td's Avatar
 
Posts: 1,754 since Jun 2009
Thanks: 2,309 given, 917 received

lol .......... looks like cubism

max-td
Reply With Quote
 
  #17 (permalink)
Elite Member
Perdido Beach, AL
 
Futures Experience: Intermediate
Platform: graph paper
Favorite Futures: Guitar
 
websouth's Avatar
 
Posts: 1,150 since Jul 2009
Thanks: 1,094 given, 1,299 received


max-td View Post
thanks a lot websouth for the input !

shure, the waves come up in all timeframes - but you have to find out whats really tradeable - in fact of speed + slippage - to get sensemaking fills and enough ticks running after your entry.
in this direction i have no idea yet how this will be in live the c-future + not only watching it from a static chartpicture.
iE rangeCharts -- the fill after a barclose is a minimum 2 ticks away if price doesnt come back some ticks on the next Bar.

Max if you have a risk/reward timeframe you like...don't change it. Time frame is a personal thing. I am just advocating looking at the market a little differently (more visually) then using a derivative of a derivative like stochastics, or macd, or any of the trillion other indicators. Does one way work better than another...? This works for me. The actual colored rainbow is too busy for me but the idea behind it to me resonates.

So- What we are looking for is a price you don't think we will see again for a while. (in other words the market will move away from there) So somehow we have to segment that price in our mind from the rest of the prices. Maybe if it is in a differently shaded region.... hehe. Why is that any different than using the excuse - the macd was rising or the baruck tranken flux capacitor oscillator told me to take the trade. We can't predict what's next. You can only predict what you will do if you are wrong...

Reply With Quote
 
  #18 (permalink)
Elite Member
Perdido Beach, AL
 
Futures Experience: Intermediate
Platform: graph paper
Favorite Futures: Guitar
 
websouth's Avatar
 
Posts: 1,150 since Jul 2009
Thanks: 1,094 given, 1,299 received


max-td View Post
lol .......... looks like cubism

yeah - is the trade up or down...hehe
Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).



Cubism - Wikipedia, the free encyclopedia

Reply With Quote
 
  #19 (permalink)
Elite Member
London
 
Futures Experience: Intermediate
Platform: ninjatrader, multicharts, MT4
Broker/Data: IB, PFG Best
Favorite Futures: 6E, EMD, TF
 
Posts: 256 since Jul 2009
Thanks: 109 given, 144 received

5 min trend follower rules and download

Make Money With This Forex Trading System

Reply With Quote
 
  #20 (permalink)
Elite Member
Germany
 
Futures Experience: Advanced
Platform: NinjaTrader
Broker/Data: Interactive Brokers
Favorite Futures: GBPUSD
 
Posts: 22 since Sep 2009
Thanks: 11 given, 13 received

Rainbow


I trade the Rainbow with 2 Screens - on the left 5 sec and on the right 30 sec for the big picture.
Important is the Spine, S/R and yes Price Action + Speed.
You have to do the same thing 3 - 4 - 5 Month on IB Paper Account, then you know ;-)
Ninja Trader + Interactive Broker is a very good premise.
Every month I try same new indicators, but it does not help :-)
after two days I have the same old screens in front of me...

Attached Thumbnails
The Valley of the Rainbows-rainbow.jpg  
Reply With Quote

Reply



futures io > > > The Valley of the Rainbows

Thread Tools Search this Thread
Search this Thread:

Advanced Search



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

FuturesTrader71: TBA

Elite only

Al Brooks: TBA

Elite only

Jigsaw Trading: TBA

Oct 19

RandBots: TBA

Oct 24
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
Trading Buddy in Silicon Valley wangwang Currency Futures 2 March 30th, 2016 02:15 PM
Travel: Napa Valley recommendations LordAlfa Off-Topic 4 February 12th, 2011 11:48 AM
A Silicon Valley Bubble Show Signs of Reinflating Quick Summary News and Current Events 0 December 4th, 2010 11:20 AM
Silicon Valley’s Venture Capitalists Eye Asia for IPOs Quick Summary News and Current Events 0 October 27th, 2010 10:40 PM


All times are GMT -4. The time now is 09:41 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 2017-09-25 in 0.11 seconds with 20 queries on phoenix via your IP 54.225.41.203