The Newmont Diary - futures io
futures io futures trading



The Newmont Diary


Discussion in Trading Journals

Updated by aligator
      Top Posters
    1. looks_one Tiberius with 129 posts (262 thanks)
    2. looks_two aligator with 3 posts (4 thanks)
    3. looks_3 cory with 1 posts (2 thanks)
    4. looks_4 RedK with 1 posts (1 thanks)
      Best Posters
    1. looks_one Tiberius with 2.0 thanks per post
    2. looks_two cory with 2.0 thanks per post
    3. looks_3 aligator with 1.3 thanks per post
    4. looks_4 RedK with 1.0 thanks per post
    1. trending_up 11,095 views
    2. thumb_up 269 thanks given
    3. group 4 followers
    1. forum 135 replies
    2. attach_file 212 attachments




Welcome to futures io: the largest futures trading community on the planet, with well over 100,000 members
  • Genuine reviews from real traders, not fake reviews from stealth vendors
  • Quality education from leading professional traders
  • We are a friendly, helpful, and positive community
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts
  • We are here to help, just let us know what you need
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

(If you already have an account, login at the top of the page)

 
Search this Thread
 

The Newmont Diary

(login for full post details)
  #41 (permalink)
Market Wizard
Coos County New Hampshire
 
Experience: Intermediate
Platform: NinjaTrader
Broker: IB
Trading: ES
 
Tiberius's Avatar
 
Posts: 1,552 since Feb 2010
Thanks: 2,956 given, 3,400 received

Nothing to write home about: tight range day, for which I am satisfied; can't trade NEM anyhow on a daily basis. So I will continue to watch the 52.5 level and if we don't get there, I will just ca-ching the next week's option series.


Visit my futures io Trade Journal Reply With Quote
The following 2 users say Thank You to Tiberius for this post:

Can you help answer these questions
from other members on futures io?
Anyone with Overcharts license/experience?
Platforms and Indicators
US OTCQB STOCK Brooker for UK BASED RESIDENT
Brokers
Heat Map on Trendspider
Platforms and Indicators
Traderoomplus
Trading Reviews and Vendors
MulitCharts: Limit Order converted to MIT
Platforms and Indicators
 
 
(login for full post details)
  #42 (permalink)
Market Wizard
Coos County New Hampshire
 
Experience: Intermediate
Platform: NinjaTrader
Broker: IB
Trading: ES
 
Tiberius's Avatar
 
Posts: 1,552 since Feb 2010
Thanks: 2,956 given, 3,400 received



Okay, NEM ranged between those S&R lines I drew a few weeks ago.



And sporting a new look on the daily/weekly chart.

new weekly option series today.

Visit my futures io Trade Journal Reply With Quote
The following 3 users say Thank You to Tiberius for this post:
 
(login for full post details)
  #43 (permalink)
Market Wizard
Coos County New Hampshire
 
Experience: Intermediate
Platform: NinjaTrader
Broker: IB
Trading: ES
 
Tiberius's Avatar
 
Posts: 1,552 since Feb 2010
Thanks: 2,956 given, 3,400 received


I was using the twin SPY vs SPY template, but with 30 / 10 charts. With NEM, I saw it opened below the reddish ZLEMA, red candled (30 min). I had the 52.5 calls, so with NEM below 49, I vertical spread the 52.5 to 50. So, I brought my trade zone to 50 until Friday. Problem is that I did it with the wrong account so I had to reverse it. I did it with the right account right away as shown.






Visit my futures io Trade Journal Reply With Quote
The following 2 users say Thank You to Tiberius for this post:
 
(login for full post details)
  #44 (permalink)
Market Wizard
Coos County New Hampshire
 
Experience: Intermediate
Platform: NinjaTrader
Broker: IB
Trading: ES
 
Tiberius's Avatar
 
Posts: 1,552 since Feb 2010
Thanks: 2,956 given, 3,400 received

Interesting: ZLEMA is below the Bollinger Band on 10 minute.




Visit my futures io Trade Journal Reply With Quote
The following 2 users say Thank You to Tiberius for this post:
 
(login for full post details)
  #45 (permalink)
Market Wizard
Coos County New Hampshire
 
Experience: Intermediate
Platform: NinjaTrader
Broker: IB
Trading: ES
 
Tiberius's Avatar
 
Posts: 1,552 since Feb 2010
Thanks: 2,956 given, 3,400 received

down and more down. I will wait to Friday afternoon to put on next week's options series. Because, I can read a chart and it might say lower now but higher later. Looking for the 50 strike.



da, a break of my support line and on top of the next


Visit my futures io Trade Journal Reply With Quote
The following 2 users say Thank You to Tiberius for this post:
 
(login for full post details)
  #46 (permalink)
Market Wizard
Coos County New Hampshire
 
Experience: Intermediate
Platform: NinjaTrader
Broker: IB
Trading: ES
 
Tiberius's Avatar
 
Posts: 1,552 since Feb 2010
Thanks: 2,956 given, 3,400 received



I bought the 50s back this morning at $1 each. Then in the afternoon I sold the 49s. I sold the 49s instead of the 50s because I wanted more premium. So I will deal with the 1 pt spread on Monday. Tread is still down, but coming to one of those S&R lines I drew on the other chart.


Visit my futures io Trade Journal Reply With Quote
The following 2 users say Thank You to Tiberius for this post:
 
(login for full post details)
  #47 (permalink)
Market Wizard
Coos County New Hampshire
 
Experience: Intermediate
Platform: NinjaTrader
Broker: IB
Trading: ES
 
Tiberius's Avatar
 
Posts: 1,552 since Feb 2010
Thanks: 2,956 given, 3,400 received



NEM pushed higher all day. I don't want to day trade it. But the 49 strike is being violated, so I took a flyer with a 48 buy write to buy me some more upside with extra premium and to see tomorrow's open


Visit my futures io Trade Journal Reply With Quote
The following 2 users say Thank You to Tiberius for this post:
 
(login for full post details)
  #48 (permalink)
Market Wizard
Coos County New Hampshire
 
Experience: Intermediate
Platform: NinjaTrader
Broker: IB
Trading: ES
 
Tiberius's Avatar
 
Posts: 1,552 since Feb 2010
Thanks: 2,956 given, 3,400 received

need to watch this chart


Visit my futures io Trade Journal Reply With Quote
The following 2 users say Thank You to Tiberius for this post:
 
(login for full post details)
  #49 (permalink)
Market Wizard
Coos County New Hampshire
 
Experience: Intermediate
Platform: NinjaTrader
Broker: IB
Trading: ES
 
Tiberius's Avatar
 
Posts: 1,552 since Feb 2010
Thanks: 2,956 given, 3,400 received

My sense of selling the lower calls was better. Everytime I have to think, I am wrong. That's why I use charts. So trying to protect my upside, I opened the downside and today NEM opened to the downside. So I decided to play this out with a put spread, but by the time I made this decision, NEM was down a bit.



I played it correct and I was trying to anticipate the turn of the double stochastics because indies are late in signals and I had to deal with the bid/ask spread. I did good, I could have done better with the unknown. My reward was little. NEM rallied with the market, but the rally looks corrective.



Lesson: Just play (trade) the long puts, more reward.

Visit my futures io Trade Journal Reply With Quote
The following 2 users say Thank You to Tiberius for this post:
 
(login for full post details)
  #50 (permalink)
Market Wizard
Coos County New Hampshire
 
Experience: Intermediate
Platform: NinjaTrader
Broker: IB
Trading: ES
 
Tiberius's Avatar
 
Posts: 1,552 since Feb 2010
Thanks: 2,956 given, 3,400 received


Price didn't range much today. I have the 48 and 49 calls. Between the two is good.


Visit my futures io Trade Journal Reply With Quote
The following 2 users say Thank You to Tiberius for this post:


futures io Trading Community Trading Journals > The Newmont Diary


November 1, 2012


Upcoming Webinars and Events
 

Order Flow Tools w/MotiveWave & Zytrade Brokerage

Oct 22
 

Technical Analysis Workshop w/NinjaTrader

Oct 27
 

Bookmap

Oct TBD
 

SharkIndicators

Oct TBD
 

Carley Garner

Oct TBD
 

GruttePier

Oct TBD
     



Copyright © 2020 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