NexusFi: Find Your Edge


Home Menu

 





Sharmas Journal


Discussion in Trading Journals

Updated
      Top Posters
    1. looks_one sharmas with 196 posts (212 thanks)
    2. looks_two spideysteve with 12 posts (9 thanks)
    3. looks_3 David_R with 9 posts (4 thanks)
    4. looks_4 HoopyTrading with 8 posts (10 thanks)
      Best Posters
    1. looks_one Big Mike with 2 thanks per post
    2. looks_two HoopyTrading with 1.3 thanks per post
    3. looks_3 sharmas with 1.1 thanks per post
    4. looks_4 spideysteve with 0.8 thanks per post
    1. trending_up 52,906 views
    2. thumb_up 294 thanks given
    3. group 39 followers
    1. forum 275 posts
    2. attach_file 180 attachments




Closed Thread
 
Search this Thread

Sharmas Journal

  #161 (permalink)
 sharmas 
Auckland
 
Experience: Advanced
Platform: Ninja Trader
Broker: Zen-Fire
Trading: CL and ES
Posts: 778 since Apr 2010
Thanks Given: 3,822
Thanks Received: 750

Market has been very kind to all those who traded the right side of CL

Have protected 30 ticks @ 6 contracts...aiming for 45.61

with news in 8 mins...anything can happen.

Yes will kick myself for getting greedy but i will learn my lesson one day

Attached Thumbnails
Click image for larger version

Name:	CL 08-16 (3 Min)  12_07_2016.jpg
Views:	197
Size:	120.4 KB
ID:	211964  
Visit my NexusFi Trade Journal Started this thread

Can you help answer these questions
from other members on NexusFi?
Exit Strategy
NinjaTrader
MC PL editor upgrade
MultiCharts
NexusFi Journal Challenge - May 2024
Feedback and Announcements
Better Renko Gaps
The Elite Circle
Pivot Indicator like the old SwingTemp by Big Mike
NinjaTrader
 
Best Threads (Most Thanked)
in the last 7 days on NexusFi
Spoo-nalysis ES e-mini futures S&P 500
48 thanks
Just another trading journal: PA, Wyckoff & Trends
34 thanks
Tao te Trade: way of the WLD
24 thanks
Bigger Wins or Fewer Losses?
24 thanks
GFIs1 1 DAX trade per day journal
22 thanks
  #162 (permalink)
 sharmas 
Auckland
 
Experience: Advanced
Platform: Ninja Trader
Broker: Zen-Fire
Trading: CL and ES
Posts: 778 since Apr 2010
Thanks Given: 3,822
Thanks Received: 750

Took a lot of heat but was putting my learning and confidence in this trade.

Worked out beautifully.

Had my target set at 45.61 and yes the market did go there..

However was happy to take it all out at 45.58 giving me a very nice week so far.


Will try to share my trades as much as i can and my levels

Sharmas

Attached Thumbnails
Click image for larger version

Name:	CL 08-16 (3 Min)  12_07_2016 2.jpg
Views:	209
Size:	118.1 KB
ID:	211965   Click image for larger version

Name:	CL 08-16 (3 Min)  12_07_2016 3.jpg
Views:	201
Size:	126.9 KB
ID:	211966   Click image for larger version

Name:	CL 08-16 (3 Min)  12_07_2016 4.jpg
Views:	189
Size:	125.4 KB
ID:	211967   Click image for larger version

Name:	CL 08-16 (3 Min)  5.jpg
Views:	196
Size:	123.1 KB
ID:	211968  
Visit my NexusFi Trade Journal Started this thread
Thanked by:
  #163 (permalink)
 sharmas 
Auckland
 
Experience: Advanced
Platform: Ninja Trader
Broker: Zen-Fire
Trading: CL and ES
Posts: 778 since Apr 2010
Thanks Given: 3,822
Thanks Received: 750


the chart for the res of the night

what a beautiful chart and being on the right side of the market would have paid you well


sharmas

Attached Thumbnails
Click image for larger version

Name:	CL 08-16 (5 Min)  13_07_2016.jpg
Views:	205
Size:	130.5 KB
ID:	212022  
Visit my NexusFi Trade Journal Started this thread
  #164 (permalink)
 sharmas 
Auckland
 
Experience: Advanced
Platform: Ninja Trader
Broker: Zen-Fire
Trading: CL and ES
Posts: 778 since Apr 2010
Thanks Given: 3,822
Thanks Received: 750

here is the latest chart and shows the power of the levels and why does the market respect this levels .

All you need one or 2 trades at this levels to make a great day

Set your daily goal and once reached....

you can do two things

Set your stop at that level and let the market give you what's on offer...(Like i did last night)

or you take your daily profit and go and have a great night or day

Sharmas

Attached Thumbnails
Click image for larger version

Name:	CL 08-16 (1 Min)  13_07_2016.jpg
Views:	190
Size:	125.1 KB
ID:	212031  
Visit my NexusFi Trade Journal Started this thread
Thanked by:
  #165 (permalink)
 sharmas 
Auckland
 
Experience: Advanced
Platform: Ninja Trader
Broker: Zen-Fire
Trading: CL and ES
Posts: 778 since Apr 2010
Thanks Given: 3,822
Thanks Received: 750

Level to level price action

Here's how the Price Action took place at the levels so far today

Sharmas

Attached Thumbnails
Click image for larger version

Name:	CL 08-16 (3 Min)  14_07_2016.jpg
Views:	220
Size:	94.1 KB
ID:	212188  
Visit my NexusFi Trade Journal Started this thread
Thanked by:
  #166 (permalink)
 
rocksolid68's Avatar
 rocksolid68 
Duluth MN
Market Wizard
 
Experience: Intermediate
Platform: NinjaTrader/Sierra Chart
Broker: AMP
Trading: ES
Posts: 1,027 since Jan 2015
Thanks Given: 1,419
Thanks Received: 2,676


sharmas View Post
Level to level price action

Here's how the Price Action took place at the levels so far today

Sharmas

Out of curiosity, why did you take that long? Your line was a fair amount away from your entry. Not only that, but the line was trampled over a few times prior. Why take that long?

Just trying to clarify

  #167 (permalink)
 sharmas 
Auckland
 
Experience: Advanced
Platform: Ninja Trader
Broker: Zen-Fire
Trading: CL and ES
Posts: 778 since Apr 2010
Thanks Given: 3,822
Thanks Received: 750

Thank you Rocksolid68 for the question

My entries are never to take short or long off the lines. I have couple of secret sauces that helps me with the confirmation as to whether it will be long or short.

I was out most of the day and evening. When i came into my office which is set up as my trading room i saw i missed few great opportunities...So i waited and let the market paint the entry for me.

I am showing a bit of my theory but there is another Rule of engagement that i am not allowed to show as my mentor has asked me not to give away all the secrets away.

Also the secret sauce gave me the top and bottom of CL market pretty early in the piece and before London Open

Need to do more testing with live market as the the secret sauce gives me a very good biais to the market trend


So far i have shared the levels on my chart due to sheer respect to this forum which has given me so much.

Sharmas



rocksolid68 View Post
Out of curiosity, why did you take that long? Your line was a fair amount away from your entry. Not only that, but the line was trampled over a few times prior. Why take that long?

Just trying to clarify


Attached Thumbnails
Click image for larger version

Name:	CL 08-16 (2 Min)  15_07_2016.jpg
Views:	226
Size:	116.4 KB
ID:	212215  
Visit my NexusFi Trade Journal Started this thread
  #168 (permalink)
 
rocksolid68's Avatar
 rocksolid68 
Duluth MN
Market Wizard
 
Experience: Intermediate
Platform: NinjaTrader/Sierra Chart
Broker: AMP
Trading: ES
Posts: 1,027 since Jan 2015
Thanks Given: 1,419
Thanks Received: 2,676


sharmas View Post
Thank you Rocksolid68 for the question

My entries are never to take short or long off the lines. I have couple of secret sauces that helps me with the confirmation as to whether it will be long or short.

I was out most of the day and evening. When i came into the room i saw i missed few great opportunities...So i waited and let the market paint the entry for me.

I am showing a bit of my theory but there is another Rule of engagement that i am not allowed to show as my mentor has asked me not to give away all the secrets.

So far i have shared the levels on my chart due to sheer respect to this forum which has given me so much.

Sharmas

Awesome! Thank you for the response. I do not need to know the secret sauce, just wanted to clarify. I am glad you are being very honest.

Just be careful with your wording; you mentioned "in the room" which means you are in a trade room and your "mentor" I presume would be the Head of the room... Lastly, we know which room you are a participant in (or was).

I am not saying you are doing anything wrong, but if you want to keep things secret, be careful with word choice.

All in all, I like what you do on the forum @sharmas and you seem very honest. I shall continue to follow along!

Thanked by:
  #169 (permalink)
 sharmas 
Auckland
 
Experience: Advanced
Platform: Ninja Trader
Broker: Zen-Fire
Trading: CL and ES
Posts: 778 since Apr 2010
Thanks Given: 3,822
Thanks Received: 750

Friday was for family..

Got home and saw a beautiful set up and took the long

Sharmas

Attached Thumbnails
Click image for larger version

Name:	CL 08-16 (3 Min)  15_07_2016.jpg
Views:	203
Size:	81.1 KB
ID:	212269   Click image for larger version

Name:	CL 08-16 (3 Min)  16_07_2016 3.jpg
Views:	166
Size:	72.6 KB
ID:	212270  
Visit my NexusFi Trade Journal Started this thread
  #170 (permalink)
 sharmas 
Auckland
 
Experience: Advanced
Platform: Ninja Trader
Broker: Zen-Fire
Trading: CL and ES
Posts: 778 since Apr 2010
Thanks Given: 3,822
Thanks Received: 750


Summer trading has its pros and cons.

Sitting on your hands is not a bad thing to do as preservation of your capital is the number of priority

For you to win a trade someone has to loss it...Best is you look for your highest probability set up and repeat that over and over.

Sharmas

Attached Thumbnails
Click image for larger version

Name:	CL 08-16 (5 Min)  16_07_2016.jpg
Views:	236
Size:	97.2 KB
ID:	212324  
Visit my NexusFi Trade Journal Started this thread
Thanked by:

Closed Thread



Last Updated on August 8, 2016


© 2024 NexusFi™, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
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.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Privacy Policy - Downloads - Top
no new posts