GFIs1 1 DAX trade per day journal - Trading Journals | futures io social trading
futures io futures trading


GFIs1 1 DAX trade per day journal
Updated: Views / Replies:298,394 / 2,971
Created: by GFIs1 Attachments:182

Welcome to futures io.

Welcome, Guest!

This forum was established to help traders (especially futures traders) by openly sharing indicators, strategies, methods, trading journals and discussing the psychology of trading.

We are fundamentally different than most other trading forums:
  • We work extremely hard to keep things positive on our forums.
  • We do not tolerate rude behavior, trolling, or vendor advertising in posts.
  • We firmly believe in openness and encourage sharing. The holy grail is within you, it is not something tangible you can download.
  • 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, and we will never resell your private information.

-- Big Mike

Reply
 182  
 
Thread Tools Search this Thread
 

GFIs1 1 DAX trade per day journal

  #2211 (permalink)
Trading Apprentice
athens, greece
 
Futures Experience: Intermediate
Platform: ib
Favorite Futures: dax
 
Posts: 43 since Feb 2015
Thanks: 5 given, 15 received

SL points

Good morning,

as I looked back in your journal, I saw that your SL points were always 30 (sometimes 40), which is good.

But with with dax trading at 11250, this means 0,27% SL and with dax at 7000 (at the beginning of your journal), this was 0,44% SL (well more out of noise).

Since noise is a big issue with dax trading, do you think it would be a good idea to adjust the SL points to a fixed percentage of the contract value? (although putting SL to 50 pts (0,44%) is a bit heavy with contract value at 280.000 euros...)

Thanks,
Alex

Reply With Quote
The following 2 users say Thank You to alexk1968 for this post:
 
  #2212 (permalink)
Market Wizard
Switzerland
 
Futures Experience: Intermediate
Platform: Investor/RT
Broker/Data: IB / DTN
Favorite Futures: Futures
 
Posts: 3,747 since Feb 2012
Thanks: 3,425 given, 6,792 received
Forum Reputation: Legendary

Hi Alex

Thanks for your calculation - it is obvious that trading on price of 7000 means something
else than trading above 11000.
Noise will be of course per percentage be more on higher levels. In fact my pattern trading
here is "going the right way" - "or not!":
Main goal is to limit heavy losses. 30 points (sometimes 40) in this venture is a fine edge
to filter out little to medium noise.
Going to lift the SL means more risk.
In shaky times as we had in the last 9 months I think it is better to stay at the sidelines
than to risk more.
Thus I did not adjust my SL by percentage accordingly.

One other important point: the price may have changed a lot up but the volume NOT.
So there are the same players as in the previous lower price regions.
Means my system may be stressed more - but the losses should not be higher.

GFIs1

Reply With Quote
The following 6 users say Thank You to GFIs1 for this post:
 
  #2213 (permalink)
Market Wizard
Switzerland
 
Futures Experience: Intermediate
Platform: Investor/RT
Broker/Data: IB / DTN
Favorite Futures: Futures
 
Posts: 3,747 since Feb 2012
Thanks: 3,425 given, 6,792 received
Forum Reputation: Legendary

Monday trade


New month - new start

Dax price is sitting on the bottom of the daily Kumo.
Scenario still short - as Kumo form looks like a strong barrier.

On IB price is again south Kumo - means a good short day:

Dax short
entry 10:30 @ 11319
exit 13:00 @ 11349 (SL)
result -30 points

IB vol ok

GFIs1


Last edited by GFIs1; August 3rd, 2015 at 06:47 AM.
Reply With Quote
The following 2 users say Thank You to GFIs1 for this post:
 
  #2214 (permalink)
Trading for Fun
LONDON
 
Futures Experience: Advanced
Platform: ninja
Favorite Futures: cl
 
Posts: 88 since Apr 2013
Thanks: 108 given, 32 received


GFIs1 View Post
New month - new start

Dax price is sitting on the bottom of the daily Kumo.
Scenario still short - as Kumo form looks like a strong barrier.

On IB price is again south Kumo - means a good short day:

Dax short
entry 10:30 @ 11319
exit 13:00 @ 11349 (SL)
result -30 points

IB vol ok

GFIs1


Been following your system for a while now.Whats the total amount of points u have made this year in 2015??

Thanks

Col.

Reply With Quote
 
  #2215 (permalink)
Market Wizard
Switzerland
 
Futures Experience: Intermediate
Platform: Investor/RT
Broker/Data: IB / DTN
Favorite Futures: Futures
 
Posts: 3,747 since Feb 2012
Thanks: 3,425 given, 6,792 received
Forum Reputation: Legendary


CPRICE76 View Post
Been following your system for a while now.Whats the total amount of points u have made this year in 2015??

Thanks

Col.

Sure!
I will need to sum up the july week sums on both - this trade and the Walzer trade.
All that is missing in both threads.
As I am on a different machine right now - some 10k km away from my statistics files -
this takes some time to do it manually.
Stay tuned

GFIs1

Reply With Quote
The following user says Thank You to GFIs1 for this post:
 
  #2216 (permalink)
Market Wizard
Switzerland
 
Futures Experience: Intermediate
Platform: Investor/RT
Broker/Data: IB / DTN
Favorite Futures: Futures
 
Posts: 3,747 since Feb 2012
Thanks: 3,425 given, 6,792 received
Forum Reputation: Legendary

Wednesday trade

Dax short 10:30 to 14:30

entry @ 11575
exit @ 11605 (SL)
result -30 points

IB vol good

GFIs1

Remark: now clearly above daily Kumo.. which means could head for last swing high
at 11802.
This could be reached in the next 2 days.


Last edited by GFIs1; August 6th, 2015 at 04:21 AM.
Reply With Quote
The following 3 users say Thank You to GFIs1 for this post:
 
  #2217 (permalink)
Market Wizard
Switzerland
 
Futures Experience: Intermediate
Platform: Investor/RT
Broker/Data: IB / DTN
Favorite Futures: Futures
 
Posts: 3,747 since Feb 2012
Thanks: 3,425 given, 6,792 received
Forum Reputation: Legendary

Friday trade

Dax long 9:30 to 14:30

entry @ 11525
exit @
result

IB vol good

GFIs1

Reply With Quote
The following user says Thank You to GFIs1 for this post:
 
  #2218 (permalink)
Market Wizard
Switzerland
 
Futures Experience: Intermediate
Platform: Investor/RT
Broker/Data: IB / DTN
Favorite Futures: Futures
 
Posts: 3,747 since Feb 2012
Thanks: 3,425 given, 6,792 received
Forum Reputation: Legendary

Friday...

closed @ 11538
result +13 points

GFIs1
who could not communicate the closing in time :-)

Reply With Quote
The following 2 users say Thank You to GFIs1 for this post:
 
  #2219 (permalink)
Market Wizard
Switzerland
 
Futures Experience: Intermediate
Platform: Investor/RT
Broker/Data: IB / DTN
Favorite Futures: Futures
 
Posts: 3,747 since Feb 2012
Thanks: 3,425 given, 6,792 received
Forum Reputation: Legendary

Monday trade

Difficult start this morning

IB volume was too little to take a trade today.
This was confirmed with the second 30 min candle.
Price is nearing the top of the daily Kumo again @ 11434.
This can be a good support for today.

Good trades
GFIs1

EDIT: Turning point was 11430... and from there UP


Last edited by GFIs1; August 10th, 2015 at 02:28 PM.
Reply With Quote
The following 4 users say Thank You to GFIs1 for this post:
 
  #2220 (permalink)
Market Wizard
Switzerland
 
Futures Experience: Intermediate
Platform: Investor/RT
Broker/Data: IB / DTN
Favorite Futures: Futures
 
Posts: 3,747 since Feb 2012
Thanks: 3,425 given, 6,792 received
Forum Reputation: Legendary

Wednesday trade


Much dynamic to cross down south the daily Kumo in 2 days - wow!

Today Dax long 10:30 to 13:30

entry @ 11061
exit @ 11030 (SL)
result -31

IB vol extremely high >15K in 30min

GFIs1

hehe - no chance :-) It's bear's time!
and: NOT FINISHED HERE


Last edited by GFIs1; August 12th, 2015 at 04:52 AM.
Reply With Quote
The following 4 users say Thank You to GFIs1 for this post:

Reply



futures io > > > GFIs1 1 DAX trade per day journal

Thread Tools Search this Thread
Search this Thread:

Advanced Search



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

FIO Journal Challenge featuring NinjaTrader ($2,000+ of prizes)

May

Prototyping Python Strategies (part 2) w/Ran Aroussi

Elite only

Ask Me Anything w/Raymond Deux @ NinjaTrader

May 3

An Afternoon with FIO member Softsoap

Elite only
 

Machine Learning & Data Mining Bias w/Kris Longmore @ Robot Wealth

Elite only

Brannigan Barrett (TBA)

Elite only

FIO member Gomi (TBA)

Elite only

FuturesTrader71 (TBA)

Elite only

EasyLanguage Programming w/Chris @ ABC Trading Group

Elite only

Portfolio Diversification w/Brendon Delate

Elite only
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
DTs Day Type Journal DionysusToast The Elite Circle 49 August 17th, 2015 10:13 PM
Journal of a Nifty Day Trader psb1967 Trading Journals 11 February 7th, 2014 08:22 AM
10% per day, video journal Ryanb Elite Trading Journals 80 March 3rd, 2013 02:25 AM
Emini's Swing trade v day trade kctpac Emini Index Futures Trading 0 March 1st, 2011 09:32 AM
Using DAX to trade the ES - better than volume trendisyourfriend The Elite Circle 40 July 13th, 2010 11:31 AM


All times are GMT -4. The time now is 10:43 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 2017-04-30 in 0.13 seconds with 20 queries on phoenix via your IP 107.22.46.59