Project Spio Trading system & Journal -Deadly accurate - Trading Journals | futures io social day trading
futures io futures trading


Project Spio Trading system & Journal -Deadly accurate
Updated: Views / Replies:15,352 / 93
Created: by Nasdin94 Attachments:64

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

Reply
 64  
 
Thread Tools Search this Thread
 

Project Spio Trading system & Journal -Deadly accurate

  #61 (permalink)
Elite Member
Aurora, Il USA
 
Futures Experience: Advanced
Platform: TradeStation
Favorite Futures: futures
 
kbit's Avatar
 
Posts: 5,872 since Nov 2010
Thanks: 3,301 given, 3,328 received

Hi Nasdin94, Just wondering if you have tried this on the ES or YM or TF at all.

Reply With Quote
 
  #62 (permalink)
Trading for Fun
Singapore, Jurong West
 
Futures Experience: Master
Platform: Metatrader
Broker/Data: OANDA
Favorite Futures: Currency
 
Nasdin94's Avatar
 
Posts: 128 since Oct 2011
Thanks: 11 given, 106 received


kbit View Post
Hi Nasdin94, Just wondering if you have tried this on the ES or YM or TF at all.

Hi, Kbit,

I've mainly being using this method for currencies.
But I've tried my fibonacci methodology on commodities, currencies and also the ES.

The fibonacci method of drawing works,
I'm not sure about the multiwaves and the fibopivot indicators though, have not tried them on the ES YM or TF.

nas.

Reply With Quote
The following user says Thank You to Nasdin94 for this post:
 
  #63 (permalink)
Elite Member
Aurora, Il USA
 
Futures Experience: Advanced
Platform: TradeStation
Favorite Futures: futures
 
kbit's Avatar
 
Posts: 5,872 since Nov 2010
Thanks: 3,301 given, 3,328 received


I spent a little time and came up with some #s with a setup similar to yours for the TF....just curious to see how they play out
707, 714, 726, 738, 744
There are some more but those looked like they have more significance.

Reply With Quote
The following user says Thank You to kbit for this post:
 
  #64 (permalink)
Trading for Fun
Singapore, Jurong West
 
Futures Experience: Master
Platform: Metatrader
Broker/Data: OANDA
Favorite Futures: Currency
 
Nasdin94's Avatar
 
Posts: 128 since Oct 2011
Thanks: 11 given, 106 received


kbit View Post
I spent a little time and came up with some #s with a setup similar to yours for the TF....just curious to see how they play out
707, 714, 726, 738, 744
There are some more but those looked like they have more significance.

I'm sorry but
I have no idea what those are supposed to mean.

Could you post a screenshot for me please?
Thank you so much.

Reply With Quote
 
  #65 (permalink)
Elite Member
Aurora, Il USA
 
Futures Experience: Advanced
Platform: TradeStation
Favorite Futures: futures
 
kbit's Avatar
 
Posts: 5,872 since Nov 2010
Thanks: 3,301 given, 3,328 received


Nasdin94 View Post
I'm sorry but
I have no idea what those are supposed to mean.

Could you post a screenshot for me please?
Thank you so much.

They are numbers that should act as support/resistance...just put a line on a chart on those numbers and see how price reacts around them. They come from a method similar (not identical) to yours only this is even more forward lookiing than yours.

Reply With Quote
 
  #66 (permalink)
Trading for Fun
Singapore, Jurong West
 
Futures Experience: Master
Platform: Metatrader
Broker/Data: OANDA
Favorite Futures: Currency
 
Nasdin94's Avatar
 
Posts: 128 since Oct 2011
Thanks: 11 given, 106 received


kbit View Post
They are numbers that should act as support/resistance...just put a line on a chart on those numbers and see how price reacts around them. They come from a method similar (not identical) to yours only this is even more forward lookiing than yours.

These numbers are.. values.. or fibonacci ratios?

Reply With Quote
 
  #67 (permalink)
Elite Member
Aurora, Il USA
 
Futures Experience: Advanced
Platform: TradeStation
Favorite Futures: futures
 
kbit's Avatar
 
Posts: 5,872 since Nov 2010
Thanks: 3,301 given, 3,328 received


Nasdin94 View Post
These numbers are.. values.. or fibonacci ratios?

All based on fib stuff like yours...there are a few different ways to figure the numbers. I'll get into details later, to lazy to explain right now

Reply With Quote
The following user says Thank You to kbit for this post:
 
  #68 (permalink)
Trading for Fun
Singapore, Jurong West
 
Futures Experience: Master
Platform: Metatrader
Broker/Data: OANDA
Favorite Futures: Currency
 
Nasdin94's Avatar
 
Posts: 128 since Oct 2011
Thanks: 11 given, 106 received


kbit View Post
All based on fib stuff like yours...there are a few different ways to figure the numbers. I'll get into details later, to lazy to explain right now


Okay, thanks for the info.
70.7 seems to work well.

But the ratios are too closely packed together.
Unless..the matter involves going into a much higher timeframe and drawing out the fib retracement there and therefore the values will bounce up and down these levels in the lower timeframe.
Just a thought.

Shall await for your explanation.

Reply With Quote
 
  #69 (permalink)
Trading for Fun
Singapore, Jurong West
 
Futures Experience: Master
Platform: Metatrader
Broker/Data: OANDA
Favorite Futures: Currency
 
Nasdin94's Avatar
 
Posts: 128 since Oct 2011
Thanks: 11 given, 106 received

27/10/2011

GBP USD TRADE
I'm on fire
Exited with 10 pips when it hit my trail stop

USD Cad TRADE
A bit late by 7 pips here
Entered at that close instead of at the wick.
Nevermind, stop loss is 20 pips then.
Targetted profit target: 80 pips. @ 1.0167
Exited with 11 pips, hit my trail stop.

EUR USD TRADE
This is just an update of my morning trade (+8gmt offset here)
I exited the NZD USD trade with 74 pips profit.

I exited the EUR USD trade before it retraced +40 pips
And now I've re-entered back into the pair.


EUR USD update:
Currently at 107 pips profit.
Getting close to my TP and also the area where I would place my sell.

Attached Thumbnails
Project Spio Trading system & Journal  -Deadly accurate-gbp-usd-27102011.gif   Project Spio Trading system & Journal  -Deadly accurate-usdcad-27102011.gif   Project Spio Trading system & Journal  -Deadly accurate-eur-usd-27102011pt2.gif  

Last edited by Nasdin94; October 26th, 2011 at 10:06 PM.
Reply With Quote
 
  #70 (permalink)
Trading for Fun
Singapore, Jurong West
 
Futures Experience: Master
Platform: Metatrader
Broker/Data: OANDA
Favorite Futures: Currency
 
Nasdin94's Avatar
 
Posts: 128 since Oct 2011
Thanks: 11 given, 106 received


The EUR USD trade exited with 420 pips profit.

Seems like its time to sell now.
However, I'm still buying on this, I foresee a stop running pattern coming along and so, I'm going to re-enter on a buy despite it being time to sell now.

This short buy will tp @ 1.42544, the area where the price action to sell came.
I think its probably going to pierce through the price action bar by a few pips just to take out the stops of other people before it continues going back down.

Reply With Quote
The following user says Thank You to Nasdin94 for this post:

Reply



futures io > > > Project Spio Trading system & Journal -Deadly accurate

Thread Tools Search this Thread
Search this Thread:

Advanced Search



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

RandBots: AutoTrading Bots to diversify your trading

Oct 24
 

TopstepTrader: Profiting Without Risking Your Own Money

Oct 26

Building Open Source Indicators for NT8 w/Fat Tails @ Lizard Indicators

Elite only
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
Trading Journal for Wyckoff inspired system westsider Elite Trading Journals 47 October 26th, 2012 01:16 AM
Multicharts & Automatic Trading System Profitable bomberone1 Elite EasyLanguage Automated Trading 8 February 23rd, 2012 12:17 PM
Collaborators wanted for automated trading R&D project GoldStandard The Elite Circle 3 January 13th, 2011 01:18 PM
Price, Volume & the DOM - Live Trading Journal ZTR Elite Trading Journals 822 October 6th, 2010 02:19 PM
Price & Volume Trading Journal ZTR Trading Journals 117 February 21st, 2010 03:02 AM


All times are GMT -4. The time now is 01:43 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 2017-10-22 in 0.12 seconds with 20 queries on phoenix via your IP 54.81.178.153