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Hapster's journal

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  #1 (permalink)
 Hapster 
San Diego, California
 
Experience: Intermediate
Platform: NinjaTrader, Felton
Trading: CL, GC
 
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Posts: 141 since Aug 2009
Thanks: 40 given, 81 received

Figured I’d start a journal to keep myself more accountable. I created the trading spreadsheet you see in this image. Have been working with it for several months now off and on. I don’t trade every day, but try to maximize it when I do, obviously.

Anyhow, columns N-AG are the 1-minute bars, AH-AO, the 2-min bars and so on as you can see in row 1. Thursday, took the 1-minute bar signal at the close of the 8:43 bar at Q178 at 7825 on ES. The AG column is a hard-coded ADX formula taken from the 1-minute worksheet on another page in the workbook. My “target” is always open. When that ADX stalls or gets lower, I exit. It keeps me in the trade as long as that number in the AG column increases with each bar (ADX level). I exited this trade at the end of the 8:52 bar for a gain of roughly 4+ ES points.
This signal, as you can see, was confirmed during the trade with the 2-min bars at cell AK184 and the 3-min bar at AS187.
The pink-background cells in Row 1 are my parabolic stop levels in Q1 and AK1, etc.
Great trade this morning. Hopefully I keep it up!!!

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  #2 (permalink)
 Hapster 
San Diego, California
 
Experience: Intermediate
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Another great trade today with the signal on the 4-min at K182 @ 1:44 pm and the 5-min at about the same time at BA184, both at a price of 1077 short on the ES for a gain of about 3 ES points with the cover at 1074.

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  #3 (permalink)
 DavidHP 
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Hapster View Post
Another great trade today with the signal on the 4-min at K182 @ 1:44 pm and the 5-min at about the same time at BA184, both at a price of 1077 short on the ES for a gain of about 3 ES points with the cover at 1074.


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  #4 (permalink)
 Hapster 
San Diego, California
 
Experience: Intermediate
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Getting some more good info from Brooks' Price Action book over the weekend. Placed a sell stop a tick below the low of the "inverted hammer" at 8:05 on the 5-minute chart (4 bars to the left of the most recent bar in the lower left 5-minute ESignal chart). Stop placed at 7900 even on the ES. Covered at 7675 for 2+ points. Even got a headstart on my 1-minute signal in the spreadsheet at cell Q186. 3-min spreadsheet signals about 3 minutes earlier at cells AS183 and AS187 at the price of 7950

Can't completely understand why Brooks is so adamant about having no other indicators than the 5-min chart and an EMA, but it's what we all feel comfortable with. We're our own traders; no one can trade for us.

Anyhow, the Stochastics coming back up off the bottom AND my ADX indicator in the AG column got me to exit when I did. Feels good to get a trade in even BEFORE the open.

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  #5 (permalink)
 Hapster 
San Diego, California
 
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Once again, the stochastics (upturn this time) comes through again on the 5-min chart in the lower left, plus the spreadsheet long signal on the 2-min at cell AI179 at the 8:44 timeframe. Long at 8375. Held the trade as long as the ADX remains climbing in column AO. Stalled at 66 at cell AO189. Exited at 8775 for a gain of 4 ES points.

Trade #1 = +2.25

Trade #2 = +4.00

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  #6 (permalink)
 Hapster 
San Diego, California
 
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Posts: 141 since Aug 2009
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Jeez... talk about pulling teeth (in daytrading terms)... signal took about 15 minutes to be fruitful -- I'm used to seconds, not minutes LOL.

Anyhow, shorted the low of that semi Barb Wire pattern coinciding with the spreadsheet signal on the 3-min column at cell AS177. Used a 5550 initial stop.

Covered half the position on the push down to the new low of the day. I'm getting better at having that "exit" button ready AS the market makes that push down. Nothing like givin' 'em what they want; right?

Then moved the stop to a little better than B/E.

Covered the other half on the lack of follow-through. Done for this morning (perhaps the day). The gym is calling me!!!

1st half: Sold 5325, covered 4725 = +6.00 points
2nd half: Sold 5325, covered 4875 = +4.50 points

+10.50 net

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  #7 (permalink)
 Hapster 
San Diego, California
 
Experience: Intermediate
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Trade no. 2 today, 11-28-09:

Well, came back from the gym. Don't ALWAYS trade again, but today was almost irresistable. Talk about a "trend day." 2nd trade almost a repeat of the 1st trade this morning.

Entered at 4450 short on ES just after the noon hour (I'm on Pacific time, so the last hour of the day). Covered into that swoop down -- again -- to a new low, covering at 3900. This time, since the trend was so strong, I resisted covering the remainder and decided to let the 20EMA be my guide. Well, it never really came that near it all the way into the Globex close at 1:15 p.m. Held till about 1:13 p.m. and covered at 3850. This thing's getting pretty weak in here. Was tempting to hold some overnight, but that's a no-no in my rule book.

I've also included a shot of what I call the "15-25-50" page that just shows the colors for those timeframes. The data below my handwritten maroon X's in that sheet is only the data pertinent to today's RTH session. Just ONE green cell in the 15-minute column at 2 hours before the close. Yikers... wouldn't want to be long any stock right now.

Anyhow, to summarize:

Trade no. 2:

Short 4450, covered 1/2 at 3900 = + 5.50
Short 4450, covered 1/2 at 3850 = + 6.00

+ 11.50 for Trade no. 2

Total for the day: + 22.00 ES points

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  #8 (permalink)
 Eric j 
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Hapster View Post
Trade no. 2 today, 11-28-09:

Well, came back from the gym. Don't ALWAYS trade again, but today was almost irresistable. Talk about a "trend day." 2nd trade almost a repeat of the 1st trade this morning.

Entered at 4450 short on ES just after the noon hour (I'm on Pacific time, so the last hour of the day). Covered into that swoop down -- again -- to a new low, covering at 3900. This time, since the trend was so strong, I resisted covering the remainder and decided to let the 20EMA be my guide. Well, it never really came that near it all the way into the Globex close at 1:15 p.m. Held till about 1:13 p.m. and covered at 3850. This thing's getting pretty weak in here. Was tempting to hold some overnight, but that's a no-no in my rule book.

I've also included a shot of what I call the "15-25-50" page that just shows the colors for those timeframes. The data below my handwritten maroon X's in that sheet is only the data pertinent to today's RTH session. Just ONE green cell in the 15-minute column at 2 hours before the close. Yikers... wouldn't want to be long any stock right now.

Anyhow, to summarize:

Trade no. 2:

Short 4450, covered 1/2 at 3900 = + 5.50
Short 4450, covered 1/2 at 3850 = + 6.00

+ 11.50 for Trade no. 2

Total for the day: + 22.00 ES points

Impressive - keep it up !
Thats the best use of multiple timeframes I've ever seen .

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  #9 (permalink)
 Hapster 
San Diego, California
 
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Took two trades today, a long and a short. Quite the trend day in the opposite direction today!!
Trade no. 1 got me long at 6:59 a.m. (PST) at ES 4775. I was watching that opening “gap trade” that Brooks talks about in his book, but it didn’t look so textbook this morning with ostensibly both sides getting stopped out if tighter stops were used. Glad I didn’t play it “for realz.”

Anyhow, the 4775 entry was basically just post a push up from the 6:55 bar and coincided with the spreadsheet signal at cell AS186. Raised the stop on half the position to 5050 and the other half at B/E. Was stopped out on the half at 5050 at approx 7:14 a.m. Waited for one more push up to the next high and sold into it at 5375 at 7:23 a.m.
Went to the gym. Kinda sorry I didn’t trail a stop on the remaining half – duh – but hindsight’s 20/20; right?
Next trade got me short at approx 12:18 p.m. at ES 6225 off the combo of the signals at cells AK178 and AS183 on the 2- and 3-minute columns. Kind of a risky short in hindsight considering the strength of the trend today – and considering that like yesterday, only in reverse – the 15-25-50 minute sheet stayed GREEN pretty much all day like it stayed RED pretty much all day yesterday. Covered half the position at 12:45 at ES 6050 and the last half at the same price five minutes later.
Results:
Trade no. 1
Long 4775, sold half at 5050 = +2.75
Long 4775, sold half at 5375 = +6.00


Trade no. 2
Short 6225, covered half at 6050 = +1.75
Short 6225, covered half at 6050 = +1.75


Net for day = + 12.25 points

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  #10 (permalink)
 Hapster 
San Diego, California
 
Experience: Intermediate
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Trading: CL, GC
 
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Posts: 141 since Aug 2009
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Had a decent day today. I, too, was out before all the fun stuff -- well, got a little one in before the close -- I'll post the journal later, but here's a couple interesting screen shots of my system showing the DAILY and WEEKLY as of this evening's close. My original system calculations that are the "brains" of the spreadsheet was originally intended for a daily (swing) type of trading, but my main spreadsheet page is a result of my adapting it for daytrading in smaller, x-minute timeframes.

Anyhow, the two screenshots show the continuation of the swing signal that was generated LAST Friday at SPX 1066 area. The weekly FINALLY registered a SELL at today's close so I'd say look out below on a weekly basis.

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  #11 (permalink)
 Hapster 
San Diego, California
 
Experience: Intermediate
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Four for four again today. Sometimes I’m wondering whether I’m pressing my luck. Well, out of town on business on Monday so maybe THAT’S the day I’d have a loser LOL. I think making this journal is helping me a lot, too, because I get to go back and review my own trades: something I had never really thought about doing. I highly recommend it.

Tried the Opening Range Breakout trade today for real. With the opening 5-min bar H/L at 5975 and 5675, respectively, I placed the buy stop and sell stop at 1 tick beyond those prices as soon as the bar closed. Got filled at the 5650 price level. Covered at a + 1.50 profit on the first half, moved the stop to B/E on the remainder and got stopped out.

Trade no. 2 at 6:47 (PST) got me short at 5625, covered half at 5475 at 6:53 and covered the other half at 5300 INTO the Michigan Sentiment report. Not a fan of trading near reports but the entry signal was good and I took advantage of the swoop down into the 6:55 report to exit the position
Forgot to capture the main screen shot on this second trade – and the ORB trade, for that matter – so I’ve included simply the entire 2-Minute worksheet and the 15-25-50 sheet as well at around that time frame.

Trade no. 3: Sold 5575 at 7:18 off the signal at cell AS186 on the third screen shot. Covered first half at 5400 at 7:23 nd the second half was stopped at B/E at 7:25. I think I’m moving my stops on the “runners” too soon. This has been a syndrome for me over the period I’ve been trading and I need to work on “bucking up” for a bit longer and taking some heat *sigh*.

Trade no 4 wasn’t till 11:24. I’m really proud of myself for sitting on my hands through the NY lunch period and “2 O’clock Balloon” period (EST) lately. It’s helped my bottom line a lot. But I do have to say, I’m a sucker for that last-hour trade and just prior to. I think if one can sit out that lunch BS, etc., they’ll add to their bottom line and will feel more confident trading the last hour, especially not trading “digging out of the hole” style for the day. Anyhow, got short again (shocker) at 1036 at 11:24 off the 2- and 3-minute cells at AI182 and AQ184 respectively. Covered half at 3425 and the other half at 3550 on a trailing stop.

Results:

Trade 1: +1.50/BE
Trade 2: +1.50/+3.25
Trade 3: +1.75/BE
Trade 4: +1.75/+.50
Net for day = + 10.25

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  #12 (permalink)
 Hapster 
San Diego, California
 
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I’ve been at this long enough to know not to trade much on FOMC days. Thusly, I had only one trade today and sat out the entire morning and did other stuff around the house and gym, etc.
Shorted ES at 5300 at 12:10 (PST), well after the trench warfare that always ensues after the Fed announcement. Covered at 4275 at 12:54 just after the day’s gap was – finally – filled.
Results:
Short 5300
Covered 4275
Net: +10.25 ES points

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  #13 (permalink)
 HJay 
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Man I look at the chart and I am not sure if I am to trade it or yell "BINGO" ...

but seriously, nicely done.. If I'm not mistaken your consistantly cranking out +10.00 or better on the ES daily, which is hard to do using any chart I would suspect, congrats Hapster!

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  #14 (permalink)
 Hapster 
San Diego, California
 
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Trade no. 1: ORB
Shorted the breakout of the opening 5-min bar in ES today at 9325. Was filled at 6:38 (PST). Initial stop placed at 9575. Covered ˝ the position at 9175 at 6:40. Taken out of the remaining ˝ at BE at 6:42.
Results: +1.50 (six ticks seems to be working well for init ˝ of position) and BE

Trade no. 2: Long
Stopped into the trade at 9475 at 6:48. Out of ˝ the position at 9625 at 6:51. Took myself out of the other ˝ at 9700 on the push up due to other longer-term sell signals from spreadsheet – i.e., take it when ya got it.
Results: +1.50 and +2.25

Trade no. 3: Short
Thought I was a little early on this one, but it worked out – pretty much like yesterday’s early short trade.
Shorted on a stop entry at 9800 at 7:05. Covered ˝ the position at 9650 at 7:12. Trailed the stop on the remaining finally to 9700 and was taken out at 7:26.
Results: +1.50 and +.50

Net for the day so far: +7.25 ES points

I’ve included a later chart after the last trade, too, that illustrates the ADX holding the trend and why I was stupid not to hold that trade longer than I did. Plus some second sell signals on that next wave down after the retracement following the short trade at 7:05 a.m. Had some other things going on around the office, but I’m happy nonetheless with today’s results

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  #15 (permalink)
 Hapster 
San Diego, California
 
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Well, I haven't posted here in a while, but the latest action in the SP market compels me to. It's been a pretty good couple weeks in here with this downside action. Shorting pops/rallies has been working really well for intraday, and I've got some more charts to post here to give a little insight on where this market is headed near term -- simply put: DOWN in my humble opinion, although a great trader from this board once told me: "Hap, just let the market show you where it's going; the market is always right!!"

That said, the weekly SP has pierced the 20-week moving average finally, and there was a pretty bearish candle drawn as of last night on the monthly chart.

Hope everyone is trading HAPpily....... here are some charts, exactly 3 months later.

H

Edited to add: Here are some fib levels to watch for based on the monthly levels:

1044.75 (.786)
1004.25 (.702)
963.75 (.618)
907.00 (.500)

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  #16 (permalink)
 Big Mike 
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Thanks Hapster, as always.

Looking forward to more

Mike

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  #17 (permalink)
 Silvester17 
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Hapster View Post
Well, I haven't posted here in a while, but the latest action in the SP market compels me to. It's been a pretty good couple weeks in here with this downside action. Shorting pops/rallies has been working really well for intraday, and I've got some more charts to post here to give a little insight on where this market is headed near term -- simply put: DOWN in my humble opinion, although a great trader from this board once told me: "Hap, just let the market show you where it's going; the market is always right!!"

That said, the weekly SP has pierced the 20-week moving average finally, and there was a pretty bearish candle drawn as of last night on the monthly chart.

Hope everyone is trading HAPpily....... here are some charts, exactly 3 months later.

H

Edited to add: Here are some fib levels to watch for based on the monthly levels:

1044.75 (.786)
1004.25 (.702)
963.75 (.618)
907.00 (.500)

excellent work hap. you were absolutely right about the market heading lower. I thought we would have some more room to the upside before a major correction. I was wrong. one big mistake was I underestimated some important people. that proposal for new banking regulations is about as ........ as it gets. what's funny is, the rally started with the financials and came to an end with the financials.

as for the market I think the symmetry is still down. however I see the 1065 area as pretty important. wouldn't be surprised if we see some kind of short squeeze the next few days. especially if we break a major resistance around 1076. but if 1065 level is not holding then it's very likely the down action will continue and we'll have another leg down. possibly to low or mid 40's as an important support.

nice charts and HAPpy trading to you.

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  #18 (permalink)
 sunnyrain 
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Great job, Hapster. Can I ask how you enable the realtime datafeed to excel? Do you use IB's feed? Thanks!

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  #19 (permalink)
 Hapster 
San Diego, California
 
Experience: Intermediate
Platform: NinjaTrader, Felton
Trading: CL, GC
 
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Posts: 141 since Aug 2009
Thanks: 40 given, 81 received

Hi, Sunnyrain.

I use Qlink from ESignal.

Cheers... Hap

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