Tommy's Revenge - Trading Journals | futures io social day trading
futures io futures trading


Tommy's Revenge
Updated: Views / Replies:8,840 / 88
Created: by Billbb Attachments:151

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
 151  
 
Thread Tools Search this Thread
 

Tommy's Revenge

  #1 (permalink)
Trading for Fun
GrandRapids, Michigan
 
Futures Experience: Intermediate
Platform: NinjaTrader
Favorite Futures: Futures
 
Billbb's Avatar
 
Posts: 152 since Mar 2011
Thanks: 220 given, 72 received

Tommy's Revenge

In the last couple of weeks I elliminated my wcci in an effort to clean up my chart & was going mainly off of PA with Camarilla pivot points & a 55ema...I went live after some success in sim, managed some small losses YM -$25 to -$35 which is reasonable then I let 2 bigger losses happen..-$105 & -$50 which hurts a small account.

Ive read alot of other people's journals & got a better sense of how to journal.

This week Im going to sim all week & treat it like real money, start at 7:00am, well maybe 7:30am or ish 7:30ish. we'll see...I did some electrical work, made some money to replemish trading account some.

I really like my wcci, never bought into just using wcci w/out looking at PA, thats just dumb. Never even looked in their trading room, over at Woodies. Been using wcci for about..a very long time..2 yrs at least. I trust it & love it. Ive just recently came accross camarilla, a month ago appr. I do like that also.

Im solid w/ the 55ema & a 200sma..I bought a course called "Tommies Revenge" that consist of using the 55ema w/ 4 smaller ema's as a fan.. 6, 8, 10, 12ema's but I changed them for me being 4,8,12,16ema..actually the guy gave me the course for free cus Ive bought other courses in the past & I said.. c'mon..long story short He gave it to me for free..that was very solid on his part.

SO..Heres the strategy

When PA crosses 55 either enter or wait til pa retraces back to or near 55 and forms a 3 candle swing & enter their, w/ a small st loss just at previous candle level, if pa takes out last candle then Im wrong anyways.

When 4ema (red line) is way seperated from 16ema (blue line) pa is over extended, so obviously dont enter the trend their, althou I have lately...must be the "live trading" deer in the head lights effect? I swear!

I either keep my stop on the blue line 16ema or 55ema white line. Actually to prevent giving up too much profit, close trade after a closed candle past the blue line 16ma, but again, ive seen pa continue in direction for awhile just by staying on 55ma, its always a gamble.

I also use wcci in conjunction w/ the crossing of the 55 and or after a pullback has completed, the wcci is perfect w/ this system..it gives me confirmation & confidance, I never should of removed it in the last 2 weeks. WCCI.

I'll post a screenshot a quick minute & discribe how effective wcci is for me along w/ triggers on Tommies Revenge stratigy. my internet goes out alot (at&t) so pa is different on both charts.

I basicly laid out on the chart the meaning of the colors w/ wcci and signaled w/ a pink small line as cci line crossed over zero line...my intent is to enter as cci line (either simutanesly or after pa also crosses 55) crosses zero line & stay the trade until pa crosses back down the other way or the +100 line. - & + 100 line is major s/r at that moment...its extremely effective. I alot of times had entered once pa crossed 100 line instead of zeroline.

Tomarrow..have a good one all.

Attached Thumbnails
Tommy's Revenge-wcci-tommies-revenge.jpg  

Last edited by Big Mike; April 6th, 2012 at 12:09 PM. Reason: Change title
Reply With Quote
The following user says Thank You to Billbb for this post:
 
  #2 (permalink)
Quick Summary
Quick Summary Post

Quick Summary is created and edited by users like you... Add FAQ's, Links and other Relevant Information by clicking the edit button in the lower right hand corner of this message.

 
  #3 (permalink)
Trading for Fun
GrandRapids, Michigan
 
Futures Experience: Intermediate
Platform: NinjaTrader
Favorite Futures: Futures
 
Billbb's Avatar
 
Posts: 152 since Mar 2011
Thanks: 220 given, 72 received

2 trades


1st trade...

*PA crossed 55ema (wht line)

*Zeroline has been green, for 3 sqrs before my entry.

*CCI line did cross over zeroline, thuo it did hug it for alittle bit...cci line past +100 line (s/r)

I could of & should of taken a $50 profit, but I wanted to keep stop on my 55ema and see what happens & pa came back down to 55ma & took me out -$30

2nd trade...

PA stayed above 55ma & at the time zeroline was green while cci line was above zeroline...took some heat at first but price never closed below 55ma..was seeing +10..15..20,25 back down to +5 to - 5 /15 but I kept stop on 55ma and from seeing pa break many times, knew to be patient. It broke and I closed out w/ 12 points

3rd view...

I can see by still keeping w/ my stop on 55ma could of got another 20 points and still be in their for the next break out?

Attached Thumbnails
Tommy's Revenge-buy-after-cross-55ema-signal-wcci.jpg   Tommy's Revenge-took-after-quick-spike.jpg   Tommy's Revenge-stii-going-.jpg  

Last edited by Billbb; March 26th, 2012 at 11:45 AM.
Reply With Quote
 
  #4 (permalink)
Trading for Fun
GrandRapids, Michigan
 
Futures Experience: Intermediate
Platform: NinjaTrader
Favorite Futures: Futures
 
Billbb's Avatar
 
Posts: 152 since Mar 2011
Thanks: 220 given, 72 received

Would of Could of

Now id still be in that last trade at the point I got out quickly rite at 13130 except it would be a moving stp and could opt to close at any point still....at worst be stoped out w/ 12 points.

The human element of trading

I had to reenter the pic using jpeg..Now stop would be at 13132 eventhough pa is showing pressure

Attached Thumbnails
Tommy's Revenge-trailing-stop-55.jpg  

Last edited by Billbb; March 26th, 2012 at 12:14 PM. Reason: Put pic up using jpeg
Reply With Quote
 
  #5 (permalink)
Elite Member
Houston,Tx
 
Futures Experience: Advanced
Platform: NinjaTrader
Broker/Data: Mirus Futures/Zen-Fire
Favorite Futures: TF
 
ThatManFromTexas's Avatar
 
Posts: 2,302 since Feb 2010
Thanks: 1,208 given, 4,293 received

WCCI 21 with no turbo today

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

I'm just a simple man trading a simple plan.

My daddy always said, "Every day above ground is a good day!"
Reply With Quote
The following user says Thank You to ThatManFromTexas for this post:
 
  #6 (permalink)
Trading for Fun
GrandRapids, Michigan
 
Futures Experience: Intermediate
Platform: NinjaTrader
Favorite Futures: Futures
 
Billbb's Avatar
 
Posts: 152 since Mar 2011
Thanks: 220 given, 72 received


ThatManFromTexas View Post
WCCI 21 with no turbo today

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

Thanks for sharing..

The period u use is 21, rite? Those arrows on ur wcci, do they pop up automaticly? and what r they called? so I can look for them & download them, if their free.

Heres my settings...I do use a 34 period, I have used a 50 & sometimes go see how a 14 looks in comparison.

Thanks again.

Attached Thumbnails
Tommy's Revenge-my-settings.jpg  
Reply With Quote
 
  #7 (permalink)
Trading for Fun
GrandRapids, Michigan
 
Futures Experience: Intermediate
Platform: NinjaTrader
Favorite Futures: Futures
 
Billbb's Avatar
 
Posts: 152 since Mar 2011
Thanks: 220 given, 72 received

I didnt take anymore trades, but tracked things

I marked a pink horizontal line indicating crosses of cci line on the wcci and at the same time PA crossed 55ema, 2nd cross marked by a pink line on wcci, the pa was already over 55ema, a 3 candle swing occured.

Also a note to mostly myself, so I dont do this particlar move in real or sim...

If PA is already over or under 55ema and been their all day pretty much, even on 7 range then go in that direction please. Im begging to myself.

I changed from 4 to 5 range just to peak at the difference.

See how price continued? Im playing w the fonts.

I changed period on wcci from 34 to 21, just experimenting

Attached Thumbnails
Tommy's Revenge-cci-crosses-zero-line.jpg  
Reply With Quote
 
  #8 (permalink)
Trading for Fun
GrandRapids, Michigan
 
Futures Experience: Intermediate
Platform: NinjaTrader
Favorite Futures: Futures
 
Billbb's Avatar
 
Posts: 152 since Mar 2011
Thanks: 220 given, 72 received

4 trades +$20 -$35 -$25... finaly +$115 net $75

Now its apparent I did get lucky & timed the exit for 23 YM points.

The 2 inbetween I put stops at previous candle, but I was wondering as I was going thru all the hits, to just set a stop at -$100 (20 points) & let it be, instead of paying commisions for all the PA noise +w/ emotions. Go outside and puff a backwoods cigar.

Glad it ended on a good note. p.s. sorta, Throw a dog a bone, hit that thankYou button real quick.

Attached Thumbnails
Tommy's Revenge-quick-20.jpg   Tommy's Revenge-finaly.jpg   Tommy's Revenge-i-timed-.jpg  

Last edited by Billbb; March 27th, 2012 at 02:01 PM. Reason: change 3 to 2..refering to # of hits taken
Reply With Quote
 
  #9 (permalink)
Trading for Fun
GrandRapids, Michigan
 
Futures Experience: Intermediate
Platform: NinjaTrader
Favorite Futures: Futures
 
Billbb's Avatar
 
Posts: 152 since Mar 2011
Thanks: 220 given, 72 received

I put a 20 point stop & laid back

I took a short sinse 55ema was below 200sma & I knew it wasnt perfect timming either, so I just put up a $100 stop & did other things besides watching PA.

I was watching PA before the breakout and closed it after I was satisfied.

If I would of put on a 20 point stop from my 1st trade this morning I would still be in that trade from 13186 & close trade eventually.

The $140 on my dome is accumulative from earlier. The pink horizontal line was location of stop.

Attached Thumbnails
Tommy's Revenge-one-more-trade.jpg  

Last edited by Billbb; March 27th, 2012 at 05:13 PM. Reason: add something
Reply With Quote
 
  #10 (permalink)
Trading for Fun
GrandRapids, Michigan
 
Futures Experience: Intermediate
Platform: NinjaTrader
Favorite Futures: Futures
 
Billbb's Avatar
 
Posts: 152 since Mar 2011
Thanks: 220 given, 72 received

Yeahhh


And I could of been satisfied by placing stop at BE+ 3 or +4 up until almost close. ?

Attached Thumbnails
Tommy's Revenge-should-just-laid-back-instead-taken-profit.jpg  
Reply With Quote

Reply



futures io > > > Tommy's Revenge

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
Camarilla Pivot Indicator for Multicharts -- 6e futures approx MultiCharts 21 March 1st, 2015 09:36 AM
Needed.Color coded script for ema(changes from red to green with trend)&Volume ind. Rad4633 NinjaTrader 5 October 16th, 2012 03:24 PM
How to programatically get value of Camarilla pivots from anaPivotZones indicator? approx NinjaTrader Programming 8 January 13th, 2012 06:20 AM
Camarilla Pivots Level 5 ? Gabriyele The Elite Circle 36 December 1st, 2011 09:19 AM
MACD: The 12-period (EMA) minus 26 EMA emini_Holy_Grail Traders Hideout 1 February 22nd, 2010 01:04 PM


All times are GMT -4. The time now is 09:12 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 2017-12-18 in 0.14 seconds with 20 queries on phoenix via your IP 107.20.115.174