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:278,882 / 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

  #331 (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


josh View Post
Is the area marked with an arrow a "Gary" type of long? I know the criteria you use is quite specific and more than just what this chart shows, but this is a good long IMO and I did not take it a few minutes ago. What do you think Gary?

I had a long setup around 89.20 in crude, but was not ready to trade when it occured. Did not take it and am just watching right now. Sorry about the delayed response. I am waiting now to see how this move reacts around 90.50 and have a target short possibility around 90.70-91.00, but that depends on volume response. Also, another short entry possibility around 91.70-92.00.

Flat so far.

The following user says Thank You to GaryD for this post:
 
  #332 (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 would not short this market right now though.

 
  #333 (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


There went 90.50. A lot of volume...

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:
 
  #334 (permalink)
Elite Member
Georgia, US
 
Futures Experience: None
Platform: Various
Favorite Futures: Various
 
josh's Avatar
 
Posts: 4,897 since Jan 2011
Thanks: 5,143 given, 11,242 received


GaryD View Post
I had a long setup around 89.20 in crude, but was not ready to trade when it occured.

Turns out I should have taken that long after all -- 150 ticks north. I too was unable to trade past 12:15 today, and considered a long before I left my house but I hate doing that. The real trade was long at the area in the chart I posted, had I taken that it would have been in a good position. I dislike having to leave a clearly bullish scenario with a good probability of making money, to go do things which I'm not being paid for but which I have to do and don't particularly enjoy ... but this is life I suppose.

The following 2 users say Thank You to josh for this post:
 
  #335 (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

Crude did follow the "up" direction, as I had thought it might from a coin-flip perspective last night. But for some reason I am still waiting to see what happens in this area.

Crude broke the 90.50 mark, which was a key place I was waiting for, and in a big burst of volume, shyly backed off? Not the behavior I would expect from a raging bullish market, they had the high pivot... Now what? No push to 92+?

Still watching, not saying I'm expecting 92 or 82, as know that is impossible, but keeping my eyes wide open in this area.

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:
 
  #336 (permalink)
Elite Member
denver, colorado
 
Futures Experience: Intermediate
Platform: NT
Favorite Futures: ZS
 
Surly's Avatar
 
Posts: 704 since Mar 2011
Thanks: 628 given, 1,242 received

Gary - a belated thanks for starting this journal up again. I'm on vacation right now up in canada but have just started reading again and it is, as always, very educational.

I'm mainly trade TF but equities and crude have been in similar patterns that last few weeks. Definitely a bear flag setting up in both markets on the daily chart but who knows if it will trigger and extend lower. My only perspective here is that there are a lot of traders watching both markets for big moves right now - in my experience, this scenario usually leads to range-bound trade because any trader that expects a big move won't mind chasing strong moves in either direction because they feel the perceived potential for reward (i.e., the big move) justifies the risk. This makes them easy targets for the bigger traders because they are in effect buying high and selling low - and I think the bigger traders will just keep taking the easy money until it stops flowing. This is usually the point at which the breakout chasers get worn out or their volume stops fueling the swings... Then the market can begin to mount a new campaign.

I feel like based on the size of that big move down from late July that this market could move sideways for another week or even two before it recovers its ability to start a big move. Of course this is all speculation - and mind you I'm on vacation so my relaxation-addled brain is perhaps not as sharp... or maybe I have the benefit of detached perspective. Who knows?

Seek freedom and become captive of your desires. Seek discipline and find your liberty. - Frank Herbert
The following 2 users say Thank You to Surly for this post:
 
  #337 (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

May go short in this area. Working from a motel room, so very conservative as I have limited information with a single screen. May not be able to post in real time.

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:
 
  #338 (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

This may be a fade entry on a 6 range. Not something I recommend, and does not have as high odds, but something I have been watching for several days.

 
  #339 (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

On the daily I have been watching for some extended down move, we had high volume halt the up move around 89.35, which was the 618 of the move down, and has created a bearish engulfing on the 30 minute. Sell area 89.00 +/-?

 
  #340 (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


ES still pegged to the ceiling


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)

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
     

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 12:40 AM.

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 2017-12-13 in 0.14 seconds with 20 queries on phoenix via your IP 54.221.93.187