Catching Big Waves - a trader's journal of surfing the the markets - Trading Journals | futures io social day trading
futures io futures trading


Catching Big Waves - a trader's journal of surfing the the markets
Updated: Views / Replies:278,379 / 4,686
Created: by GaryD Attachments:1,123

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

Closed Thread
 1,123  
 
Thread Tools Search this Thread
 

Catching Big Waves - a trader's journal of surfing the the markets

  #11 (permalink)
User requested to be banned
Orlando, Florida
 
Futures Experience: None
Platform: shoes
Favorite Futures: happy
 
GaryD's Avatar
 
Posts: 6,462 since May 2011
Thanks: 2,090 given, 5,026 received

We have a second condition - potential stopping volume, we have a slight trend reversal already on the 9 range, but no confirmation on the 6 range yet.

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).

The following 2 users say Thank You to GaryD for this post:
 
  #12 (permalink)
User requested to be banned
Orlando, Florida
 
Futures Experience: None
Platform: shoes
Favorite Futures: happy
 
GaryD's Avatar
 
Posts: 6,462 since May 2011
Thanks: 2,090 given, 5,026 received

I am in, lightly, one contract so far...


Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).

The following 4 users say Thank You to GaryD for this post:
 
  #13 (permalink)
User requested to be banned
Orlando, Florida
 
Futures Experience: None
Platform: shoes
Favorite Futures: happy
 
GaryD's Avatar
 
Posts: 6,462 since May 2011
Thanks: 2,090 given, 5,026 received


I have to go somewhere with my wife, closed this trade earlier than I typically would. Caught 80 ticks.

If you are in, move you stop to breakeven or +10.

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).

The following user says Thank You to GaryD for this post:
 
  #14 (permalink)
User requested to be banned
Orlando, Florida
 
Futures Experience: None
Platform: shoes
Favorite Futures: happy
 
GaryD's Avatar
 
Posts: 6,462 since May 2011
Thanks: 2,090 given, 5,026 received

Left some on the table, but I have a wife to keep happy... There will be another good wave coming.

Hold on to this one, stop should be no lower than 98.40 at this point.


Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).

The following 3 users say Thank You to GaryD for this post:
 
  #15 (permalink)
User requested to be banned
Orlando, Florida
 
Futures Experience: None
Platform: shoes
Favorite Futures: happy
 
GaryD's Avatar
 
Posts: 6,462 since May 2011
Thanks: 2,090 given, 5,026 received

Just made it back and see that we did in fact identify an excellent entry for a big wave. Hopefully some traders caught this with me. If you didn't, keep watching as I plan to post more as they setup. Keep in mind that no trade should be valued any more than any other, and you must keep your risk low. The next entry could be a loser, the next three could be losers. We must keep those small. But by catching the big waves we will come out ahead. Re-read the rules, practice, wait patiently for the next wave to come.

Good Trading, Stay Safe!


Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).

The following 4 users say Thank You to GaryD for this post:
 
  #16 (permalink)
User requested to be banned
Orlando, Florida
 
Futures Experience: None
Platform: shoes
Favorite Futures: happy
 
GaryD's Avatar
 
Posts: 6,462 since May 2011
Thanks: 2,090 given, 5,026 received

Cude is trading right at the upper daily trend line...


Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).





... but has put in a lower low on the 93 minute.


Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).





This trendline is a great place to be watching for a long entry, but without a trend reversal of some sort (as the short term trend is absolutely down at the moment), for me there is no trade right now.

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).




This high volume does not count yet, as the petroleum report was just released.

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).

The following 3 users say Thank You to GaryD for this post:
 
  #17 (permalink)
User requested to be banned
Orlando, Florida
 
Futures Experience: None
Platform: shoes
Favorite Futures: happy
 
GaryD's Avatar
 
Posts: 6,462 since May 2011
Thanks: 2,090 given, 5,026 received

I missed this trade, but wanted to post anyway. The 6 range broke out above the T3 and the Holt, pulled back to the Donchian channels, and off it went for at least a good $500 scalp. I was on the phone and then went to get coffee. I'm actually watching the downward pressure on the S&P and feeling like that may drag crude down with it, so not as likely to take a "big wave" trade today. I also did not like the lower low on the 93 minute. Sometimes I make money by not trading.

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).






S&P index (ES) 4 range

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).

The following user says Thank You to GaryD for this post:
 
  #18 (permalink)
User requested to be banned
Orlando, Florida
 
Futures Experience: None
Platform: shoes
Favorite Futures: happy
 
GaryD's Avatar
 
Posts: 6,462 since May 2011
Thanks: 2,090 given, 5,026 received

Notice the difference in today's move versus yesterday's, that the upward swing lost steam so quickly... This goes along with my comment earlier this morning about a good scalp, but not as interested due to the lower low on the 93 minute and the pressure on the ES.



Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).



We still have higher timeframe bullish support, but for right now the 9 range shows consolidation and/or confusion. This is a time to keep your eyes open for a possible new trend, but no trade confirmation yet.


Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).

The following 3 users say Thank You to GaryD for this post:
 
  #19 (permalink)
Elite Member
MIAMI,FL
 
Futures Experience: Advanced
Platform: NinjaTrader
Broker/Data: Private
Favorite Futures: Zn,6E,6J
 
sharky's Avatar
 
Posts: 1,060 since Jun 2009
Thanks: 624 given, 3,875 received

Good job using the different timeframes,remember consolidation is your friend for trend reversals,you are using vol well and watching for trends on all sides.i will keep reading...sharky

KILLING THE MARKETS DAILY
The following user says Thank You to sharky for this post:
 
  #20 (permalink)
User requested to be banned
Orlando, Florida
 
Futures Experience: None
Platform: shoes
Favorite Futures: happy
 
GaryD's Avatar
 
Posts: 6,462 since May 2011
Thanks: 2,090 given, 5,026 received


The left shoulder pivot (yellow) of a possible head & shoulders combined with the local double top is fighting some with the daily near-term / long-term trendlines (shown in green). Traders are no doubt positioning for uncertainty, which can make for good range scalping, but can chop you up if you are trying to take a longer ride.


Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).



I did not take a trade today, but was happy with this morning's guess that the market would come back down along with the ES. Tomorrow and Friday I will be out of trading, but will be back on the lookout this weekend and ready for some great opportunities next week.


Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).


Closed Thread



futures io > > > Catching Big Waves - a trader's journal of surfing the the markets

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
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
Surfing and Trading shodson Psychology and Money Management 14 September 28th, 2015 01:26 PM
Little League to the Big Leagues - Journal of a simple trader rtrade Elite Trading Journals 142 July 23rd, 2011 05:22 PM
Trader 11 Journal greggdd Trading Journals 15 March 18th, 2011 12:53 AM
New Beginnings: The Journal of a Trader's Journey to Equanimity plethora Trading Journals 122 March 5th, 2011 11:13 PM
Rookie Future Trader Alex's Trading Journal alex123 Elite Trading Journals 69 June 20th, 2010 04:14 AM


All times are GMT -4. The time now is 08:34 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 2017-12-10 in 0.16 seconds with 20 queries on phoenix via your IP 54.83.122.227