Vovan348 Day Trading TF with NFT setup - futures io
futures io



Vovan348 Day Trading TF with NFT setup


Discussion in Trading Journals

Updated
      Top Posters
    1. looks_one vovan348 with 296 posts (265 thanks)
    2. looks_two bluemele with 204 posts (149 thanks)
    3. looks_3 cory with 20 posts (27 thanks)
    4. looks_4 HighRise1202 with 18 posts (11 thanks)
      Best Posters
    1. looks_one Big Mike with 1.8 thanks per post
    2. looks_two cory with 1.4 thanks per post
    3. looks_3 vovan348 with 0.9 thanks per post
    4. looks_4 bluemele with 0.7 thanks per post
    1. trending_up 62,155 views
    2. thumb_up 541 thanks given
    3. group 21 followers
    1. forum 604 posts
    2. attach_file 241 attachments




Welcome to futures io: the largest futures trading community on the planet, with well over 125,000 members
  • Genuine reviews from real traders, not fake reviews from stealth vendors
  • Quality education from leading professional traders
  • We are a friendly, helpful, and positive community
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts
  • We are here to help, just let us know what you need
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

(If you already have an account, login at the top of the page)

 
Search this Thread
 

Vovan348 Day Trading TF with NFT setup

(login for full post details)
  #531 (permalink)
 vovan348 
Moscow
 
Experience: Beginner
Platform: Trade Nav., NinjaTrader
Trading: ES, TF, 6E
 
vovan348's Avatar
 
Posts: 460 since Mar 2011
Thanks: 612 given, 405 received


bluemele View Post
Lucky you missed the open! Good job!

You could have actually hit that short from the top, but not sure your system would say yay or nay on that one.

Well this is what I see. There is 2 valid setups. I wouldn't take the second one probably because it's right in the news.

I'm not sure about first one either. It seems very choppy.

I think that's a good thing that i missed open.


It's hard to tell what I would do if I wasn't there. I could even try to go long. It's so different when you see it live!!!

Follow me on Twitter Visit my futures io Trade Journal Started this thread Reply With Quote

Can you help answer these questions
from other members on futures io?
Bookmap replay files
Platforms and Indicators
Order cumulation
TradeStation
Can anyone help convert this pine script to EasyLanguage?
EasyLanguage Programming
What is your favorite indicator for algotrading ?
EasyLanguage Programming
Google sheets or Excel templates?
The Elite Circle
 
 
(login for full post details)
  #532 (permalink)
Larry
Montreal
 
 
Posts: 59 since Oct 2009
Thanks: 3 given, 45 received


vovan348 View Post
Well this is what I see. There is 2 valid setups. I wouldn't take the second one probably because it's right in the news.

I'm not sure about first one either. It seems very choppy.

I think that's a good thing that i missed open.

It's hard to tell what I would do if I wasn't there. I could even try to go long. It's so different when you see it live!!!

Based on my analysis I was looking to buy instead of selling the best set up we had for that based on a 233 tick chart was a nice ABC down with C leg having 5 waves in it it stopped right at the target area plus it stopped at 2 Fibs level I had in the 705 range the projected move up was to reach 713 714 and it went there. I forgot TF was also way OS and signaling a small Divergence on that last low when we had the buy signal.

Attached Thumbnails
Click image for larger version

Name:	TF 03-12 (233 Tick)BM  12_15_2011.jpg
Views:	132
Size:	259.3 KB
ID:	57421  
Reply With Quote
The following user says Thank You to Larry for this post:
 
(login for full post details)
  #533 (permalink)
 vovan348 
Moscow
 
Experience: Beginner
Platform: Trade Nav., NinjaTrader
Trading: ES, TF, 6E
 
vovan348's Avatar
 
Posts: 460 since Mar 2011
Thanks: 612 given, 405 received



Larry View Post
Based on my analysis I was looking to buy instead of selling the best set up we had for that based on a 233 tick chart was a nice ABC down with C leg having 5 waves in it it stopped right at the target area plus it stopped at 2 Fibs level I had in the 705 range the projected move up was to reach 713 714 and it went there. I forgot TF was also way OS and signaling a small Divergence on that last low when we had the buy signal.

I guess there is as many different analysis as trades. I'm glad that it worked for us even if we saw it differently!!!

I saw that setup at 610T and I didn't have it at 233T. I saw that it was OS on 610 also and that was the reason that I moved my SL for 4 points. I knew that we can revers or at least have a big pull back. Then I decided to move it back to BE.

I also saw those 5 waves, but it followed by ABC and short signal so I was expecting continuation of the trend. When I saw that we couldn't break through BL I decided to take profit before it's too late.

Thank you for sharing your thoughts!!!

Follow me on Twitter Visit my futures io Trade Journal Started this thread Reply With Quote
 
(login for full post details)
  #534 (permalink)
Larry
Montreal
 
 
Posts: 59 since Oct 2009
Thanks: 3 given, 45 received

Main reason why I was looking to go long was because we had achieved 698.6 on TF during the overnite session that was the 162% Fib so from that point I was looking for a good abc down to go long as I knew the odds of going up were greater then making a lower low. Also today was a sell day and we went slightly lower then the buy day low to reach the Fib goal so odds based on Taylor's trading technique were also calling for TF to go up.

When I have a Fib level that is reached giving me possible reversal area and Taylor's cycle also calling for same I prefer to go in that direction instead of taking trades in opposite way. Of course you can make money trading in any directions as long as you use good risk money management.

P.S Most of the good signals today were on the buy side anyway so I guess market was trying to tell us something.
I prefer trading patterns and signals that are obvious.

Reply With Quote
The following user says Thank You to Larry for this post:
 
(login for full post details)
  #535 (permalink)
 vovan348 
Moscow
 
Experience: Beginner
Platform: Trade Nav., NinjaTrader
Trading: ES, TF, 6E
 
vovan348's Avatar
 
Posts: 460 since Mar 2011
Thanks: 612 given, 405 received

Horrible trading today!

My bad habits came back to visit. I couldn't stay out of the market for more than a minute. I didn't follow any of my rules for the most part of my trading.

Somehow I got that all back. I guess I just got lucky.

Didn't hold #12 and 13 to 162%. Market was moving slow and I closed it at 100%. Then entered short but I changed my mind and closed it at BE. And guess what? It went right to the target. (Story of my life)

Here is summary for today:

Follow me on Twitter Visit my futures io Trade Journal Started this thread Reply With Quote
The following user says Thank You to vovan348 for this post:
 
(login for full post details)
  #536 (permalink)
 bluemele 
Honolulu, Hawaii
 
Experience: Intermediate
Platform: NinjaTrader
Broker: ATC/TT, AMP/Zen-Fire, AMP/CQG
Trading: TF
 
bluemele's Avatar
 
Posts: 2,547 since Jun 2010
Thanks: 3,803 given, 2,837 received

I think trading in this market is a crapshoot. It feels like Holiday trading to me... I didn't watch the market except for a few minutes but boy was it moving up...

Visit my futures io Trade Journal Reply With Quote
The following user says Thank You to bluemele for this post:
 
(login for full post details)
  #537 (permalink)
 cory 
the coin hunter
virginia
 
Experience: Intermediate
Platform: ninja
Trading: NQ
 
cory's Avatar
 
Posts: 6,074 since Jun 2009
Thanks: 860 given, 7,987 received

today is quad witching day
Definition of 'Quadruple Witching'
A day on which contracts for stock index futures, stock index options, stock options and single stock futures (SSF) all expire.

Investopedia explains 'Quadruple Witching'
This is similar to the triple witching hour, except that the quadruple witching hour sees also the expiry of SSFs.

Quadruple witching days occur on the third Friday of March, June, September and December.


Read more: Quadruple Witching Definition | Investopedia

Reply With Quote
The following 3 users say Thank You to cory for this post:
 
(login for full post details)
  #538 (permalink)
 aligator 
Las Vegas, NV
 
Experience: Advanced
Platform: Abacus, Slide Rule, HP-65, Metastock, TOS, NT
Trading: Futures
 
aligator's Avatar
 
Posts: 3,424 since Aug 2010
Thanks: 1,058 given, 5,842 received


vovan348 View Post
Horrible trading today!

My bad habits came back to visit. I couldn't stay out of the market for more than a minute. I didn't follow any of my rules for the most part of my trading.

@vovan348,

Here is an idea to keep you on the sideline on crappy days and yet keep your happy fingers going. Buy a used real Video Poker Machine for about $1000, fill it with quarters and play until the markets behave favorably.

Visit my futures io Trade Journal Reply With Quote
The following 2 users say Thank You to aligator for this post:
 
(login for full post details)
  #539 (permalink)
 vovan348 
Moscow
 
Experience: Beginner
Platform: Trade Nav., NinjaTrader
Trading: ES, TF, 6E
 
vovan348's Avatar
 
Posts: 460 since Mar 2011
Thanks: 612 given, 405 received

@bluemele

I wouldn't say it was a crapshoot. I think it was pretty good day actually. It was just me crapshooting my orders in front of the train. I don't know why but I thought that market was short at the open. I didn't wait for setups because I had a feeling that I'm missing out. I hate when that happens to me. The funny thing is, I know it's wrong but I still do it.

@cory Thanks man. I remember you said that at last rollover day. One week is futures expire and next Friday options and other stuff. It could be a good day but I couldn't control myself.

@aligator That's not a bad idea. I just think that you can miss entries while playing.

Follow me on Twitter Visit my futures io Trade Journal Started this thread Reply With Quote
 
(login for full post details)
  #540 (permalink)
 cory 
the coin hunter
virginia
 
Experience: Intermediate
Platform: ninja
Trading: NQ
 
cory's Avatar
 
Posts: 6,074 since Jun 2009
Thanks: 860 given, 7,987 received



vovan348 View Post
..
@cory Thanks man. I remember you said that at last rollover day. One week is futures expire and next Friday options and other stuff. It could be a good day but I couldn't control myself.

...

comparing with previous Friday you have improved, the idea is to be aware of it in order to mitigate its effect.

Reply With Quote


futures io Trading Community Trading Journals > Vovan348 Day Trading TF with NFT setup


Last Updated on February 1, 2012


Upcoming Webinars and Events
 

NinjaTrader Indicator Challenge!

Ongoing
     



Copyright © 2021 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada), 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