the easy edge for beginner traders - futures io
futures io futures trading



the easy edge for beginner traders


Discussion in Trading Journals

Updated by creekboy
      Top Posters
    1. looks_one creekboy with 1,035 posts (301 thanks)
    2. looks_two Allistah with 36 posts (8 thanks)
    3. looks_3 Rad4633 with 35 posts (18 thanks)
    4. looks_4 lolu with 25 posts (1 thanks)
      Best Posters
    1. looks_one cory with 0.7 thanks per post
    2. looks_two Rad4633 with 0.5 thanks per post
    3. looks_3 creekboy with 0.3 thanks per post
    4. looks_4 Allistah with 0.2 thanks per post
    1. trending_up 107,966 views
    2. thumb_up 378 thanks given
    3. group 48 followers
    1. forum 1,240 replies
    2. attach_file 927 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 easy edge for beginner traders

(login for full post details)
  #81 (permalink)
phl pa. usa
 
Experience: Advanced
Platform: tos
Trading: es
 
Posts: 1,126 since Mar 2012
Thanks: 106 given, 347 received

lolu- here is the 133 tick chart -
1--note the ma / s/r # is 1314.25 -where as the 5 min is at 1316 area -


2- waiting for these to crossover for a north side push hopefully right on the red line (s/R)














p.s. where do i find cory's indicator

Attached Thumbnails
Click image for larger version

Name:	2012-05-30-TOS_CHARTS.png-8.png
Views:	107
Size:	72.5 KB
ID:	75405  
Visit my futures io Trade Journal Reply With Quote

Can you help answer these questions
from other members on futures io?
Traderoomplus
Trading Reviews and Vendors
Time Specific Volume Bars for Market Hours? Thinkorswim
ThinkOrSwim
What did you learn from your mistakes??
Traders Hideout
Heat Map on Trendspider
Platforms and Indicators
MulitCharts: Limit Order converted to MIT
Platforms and Indicators
 
Best Threads (Most Thanked)
in the last 7 days on futures io
What approach did you take to make progress in trading?
99 thanks
Daytrading.Coach Review
68 thanks
Beware of Feibel Trading - Review
22 thanks
VWAP for stock index futures trading?
22 thanks
Want your NinjaTrader indicator created, free?
19 thanks
 
(login for full post details)
  #82 (permalink)
phl pa. usa
 
Experience: Advanced
Platform: tos
Trading: es
 
Posts: 1,126 since Mar 2012
Thanks: 106 given, 347 received

its 1/2 the distance of the 2 ma's being used and directly above or below the most recent high or low --

its in constant adjustment

and gives many different entrys for many different time tables -


you will see over time how you can sense and uptrend or down trend just by watching the high low movement of the s/r line you choose to use -


oh -1 more thing - i usually just guess the center point as the markets moving and adjust to the final area when i feel its base or top is in













lolu View Post
@creekboy,

Do you have to draw the Fib (using the in-built chart Fib tool) to derive the S/R ... and why do you choose to derive the S/R at that specific point ... why not a little bit earlier ? Does that specific point have a specific characteristic that made you to draw the Fib there ?

Lolu


Visit my futures io Trade Journal Reply With Quote
 
(login for full post details)
  #83 (permalink)
Lagos, Nigeria
 
Experience: Intermediate
Platform: NinjaTrader, SierraChart
Trading: Euro Currency & Oil
 
lolu's Avatar
 
Posts: 2,490 since Jun 2009
Thanks: 1,024 given, 1,658 received



creekboy View Post
lolu-

p.s. where do i find cory's indicator

It is here, then he posted an update version here.

Have a look @ this live video recording of my test-drive on a 5 Minute chart setup (a SIM trade, and a quick 7 ticks TP), taken just now, using @Cory's indicator.

Is my S/R ok ?

Lolu

Visit my futures io Trade Journal Reply With Quote
 
(login for full post details)
  #84 (permalink)
phl pa. usa
 
Experience: Advanced
Platform: tos
Trading: es
 
Posts: 1,126 since Mar 2012
Thanks: 106 given, 347 received

lolu -i cant view your video -it says you have me on your ignore list -and if i want to view cory's i have to pay to get access =so cant see either 1 -but i guess its nice to find out someone jumped on it for profit anyway -so it must really be worth something

Visit my futures io Trade Journal Reply With Quote
 
(login for full post details)
  #85 (permalink)
phl pa. usa
 
Experience: Advanced
Platform: tos
Trading: es
 
Posts: 1,126 since Mar 2012
Thanks: 106 given, 347 received

you see item

3-- is falling from right to left showing weakness in the sideways action

4- still held trendline support at this time but we did have a 5 line break

Attached Thumbnails
Click image for larger version

Name:	2012-05-30-TOS_CHARTS.png-9.png
Views:	73
Size:	64.5 KB
ID:	75410  
Visit my futures io Trade Journal Reply With Quote
 
(login for full post details)
  #86 (permalink)
Lagos, Nigeria
 
Experience: Intermediate
Platform: NinjaTrader, SierraChart
Trading: Euro Currency & Oil
 
lolu's Avatar
 
Posts: 2,490 since Jun 2009
Thanks: 1,024 given, 1,658 received


creekboy View Post
lolu -i cant view your video -it says you have me on your ignore list -and if i want to view cory's i have to pay to get access =so cant see either 1 -but i guess its nice to find out someone jumped on it for profit anyway -so it must really be worth something

@creekboy,

Ooooooooh ... I never noted that you are not an Elite Member of futures.io (formerly BMT).

You're not on my Ignore list ... I don't really have anybody on my Ignore List. You've got to be a futures.io (formerly BMT) Elite member to access some stuff such as indicators, indicator links, videos, video links, etc. You don't have to PAY; you just need to DONATE to futures.io (formerly BMT) ... and you'll have access to, not just indicators, but some excellent stuff. So, just do it ... DONATE to futures.io (formerly BMT) today.

Meanwhile, have a look the screenshot of my 5 Minute chart contained in that video ... you'll notice that I closed the trade too early.



Lolu

Visit my futures io Trade Journal Reply With Quote
 
(login for full post details)
  #87 (permalink)
phl pa. usa
 
Experience: Advanced
Platform: tos
Trading: es
 
Posts: 1,126 since Mar 2012
Thanks: 106 given, 347 received

please note -thursday is the 152 nd day of the year with 214 to follow -remove like # (21) and you are left with 4and 5 which = 9 the low -its more than just indicators -

earlier today for 5/30 we are the 151st day of the year with 215 to follow -remove like #s (15) you are left with 12 our first 1312area trade that went for 4 points -

watch these over time

Visit my futures io Trade Journal Reply With Quote
 
(login for full post details)
  #88 (permalink)
phl pa. usa
 
Experience: Advanced
Platform: tos
Trading: es
 
Posts: 1,126 since Mar 2012
Thanks: 106 given, 347 received

all do respect to this site -if you read the heading of this entire thread it was for new traders -i must see things different when it comes to plagerism -but i thankyou for letting me know how this works here -like i said it must be some valuable stuff thats never been seen before -for it to get jumped like that -Fat Tail knows how long this pattern may work -its not fool proof-so becareful following it for the long term





lolu View Post
@creekboy,

Ooooooooh ... I never noted that you are not an Elite Member of futures.io (formerly BMT).

You're not on my Ignore list ... I don't really have anybody on my Ignore List. You've got to be a futures.io (formerly BMT) Elite member to access some stuff such as indicators, indicator links, videos, video links, etc. You don't have to PAY; you just need to DONATE to futures.io (formerly BMT) ... and you'll have access to, not just indicators, but some excellent stuff. So, just do it ... DONATE to futures.io (formerly BMT) today.

Meanwhile, have a look the screenshot of my 5 Minute chart contained in that video ... you'll notice that I closed the trade too early.



Lolu


Visit my futures io Trade Journal Reply With Quote
 
(login for full post details)
  #89 (permalink)
Lagos, Nigeria
 
Experience: Intermediate
Platform: NinjaTrader, SierraChart
Trading: Euro Currency & Oil
 
lolu's Avatar
 
Posts: 2,490 since Jun 2009
Thanks: 1,024 given, 1,658 received


creekboy View Post
please note -thursday is the 152 nd day of the year with 214 to follow -remove like # (21) and you are left with 4and 5 which = 9 the low -its more than just indicators -

earlier today for 5/30 we are the 151st day of the year with 215 to follow -remove like #s (15) you are left with 12 our first 1312area trade that went for 4 points -

watch these over time

You're talking ES; how do all these apply to Euro (6E), which is what I trade. Could you do the numerical analysis for Euro today too ?

Lolu

Visit my futures io Trade Journal Reply With Quote
 
(login for full post details)
  #90 (permalink)
phl pa. usa
 
Experience: Advanced
Platform: tos
Trading: es
 
Posts: 1,126 since Mar 2012
Thanks: 106 given, 347 received


it will most likely work as i did call the top on a usd/yen trade -thats the only currency i watch --

Visit my futures io Trade Journal Reply With Quote


futures io Trading Community Trading Journals > the easy edge for beginner traders


June 27, 2013


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