T For Trading - futures io
futures io futures trading



T For Trading


Discussion in Trading Journals

Updated by devdas
      Top Posters
    1. looks_one devdas with 1,084 posts (284 thanks)
    2. looks_two Big Mike with 7 posts (5 thanks)
    3. looks_3 Bharatiya with 6 posts (5 thanks)
    4. looks_4 DbPhoenix with 6 posts (19 thanks)
      Best Posters
    1. looks_one DbPhoenix with 3.2 thanks per post
    2. looks_two Bharatiya with 0.8 thanks per post
    3. looks_3 Big Mike with 0.7 thanks per post
    4. looks_4 devdas with 0.3 thanks per post
    1. trending_up 94,630 views
    2. thumb_up 323 thanks given
    3. group 29 followers
    1. forum 1,132 replies
    2. attach_file 799 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
 

T For Trading

(login for full post details)
  #11 (permalink)
Al,India
 
Experience: Advanced
Platform: NinjaTrader
Broker: RKG
Trading: NiftyFuture
 
devdas's Avatar
 
Posts: 1,561 since Feb 2010
Thanks: 1,499 given, 1,695 received

It amazed to see at EOD...how market made this and turned the week (4,1) after four stretched streaks of (3,2)/(2,3).
Simply unbelievable.








Terrific rise just remind me a scene from just released animation film "Arjun : The Warrior Princes". Arjun is indian mythological hero from Mahabharat. Just watch how he bows the fish from underwater....a trader need such a passion,concentration and rock-skill to hook that giant rise.


Harvest The Moon
Nest The Market
Follow me on Twitter Visit my futures io Trade Journal Reply With Quote
The following 4 users say Thank You to devdas for this post:

Can you help answer these questions
from other members on futures io?
QDEL
Stocks and ETFs
Do You Have A PlayBooks/What Form Does It Take?
Traders Hideout
Capping Size in Tradestation
TradeStation
SC parameter optimization
Sierra Chart
Macros for flatten and reverse
TradeStation
 
Best Threads (Most Thanked)
in the last 7 days on futures io
Lost & losing hope
25 thanks
Finally Turning the Corner, tha "its 80% Psychology" thing...
21 thanks
Emini 4 Tick Scalp still valid?
18 thanks
VWAP for stock index futures trading?
17 thanks
Coronavirus COVID-19
13 thanks
 
(login for full post details)
  #12 (permalink)
Al,India
 
Experience: Advanced
Platform: NinjaTrader
Broker: RKG
Trading: NiftyFuture
 
devdas's Avatar
 
Posts: 1,561 since Feb 2010
Thanks: 1,499 given, 1,695 received

As a review of day, each night i atleast look what the day finally looked like and can it be useful for any trade guidance next day. 7th June seems like ( clear on TPO profile ) dissipative profile ( im attaching a quick reference in next post for it from my old post last year in other forum ) , as a single entity. And LTZ was a good reference.
When i logged in , it was familiar look of rejection from LTZ....that lead to those Shorts. Though 2nd lot as add was a decision that i could not handle properly but overall it worked as expected.

Nett result of day = +6+17 = +23 after comm.





Harvest The Moon
Nest The Market
Follow me on Twitter Visit my futures io Trade Journal Reply With Quote
The following 2 users say Thank You to devdas for this post:
 
(login for full post details)
  #13 (permalink)
Al,India
 
Experience: Advanced
Platform: NinjaTrader
Broker: RKG
Trading: NiftyFuture
 
devdas's Avatar
 
Posts: 1,561 since Feb 2010
Thanks: 1,499 given, 1,695 received


Dissipative Profile ( i liked to call it cause of psychology behind it...though its not a big variation from Double Distribution ) i found a very common situation in NF...it would be naturally everywhere. Im copy pasting a reference/example about this form last year posts...just for reference.


"Dissipative Profile", what exactly means here is just like frictional forces it tries to dissipates the energy of one type of auction players by trading at each and atmost prices of profile. What more pronounce here is obviously if we think it as war type between two type of auction players trying to pull price and value in thier direction, resulting profile might well look like thick ( a nature for ensuring trade at each and atmost prices ) and B-shape ( not necessarily double distribution with single prints ) Normal Variation profile with a Low TPO Zone in middle.




Now most chances of appearing this type of Dissipative Profile is near swing high/low than in continuation ( they still might appear in middile of running imbalances ). Rather i look it for hint of market turning in near term. And important to watch is to how Low TPO Zone is served by next day auction. Once a winner takes prices in own direction then they will try to restrict prices to go again towrads this Low TPO Zones...thats like boundary they already won. Opposite might be the case of accepting this Low TPO Zone indicating once again anothers victory.
With Some practice i think many can easily spot this type of situation, in summury what i look for in order,

1) Previous prevailing auction.
2) Appearence of a Decipitive Profle.
3) How next day auction serve Low TPO Zone.

Here are some recent occurence on NF.












Harvest The Moon
Nest The Market
Follow me on Twitter Visit my futures io Trade Journal Reply With Quote
The following 4 users say Thank You to devdas for this post:
 
(login for full post details)
  #14 (permalink)
Site Administrator
Manta, Ecuador
 
Experience: Advanced
Platform: My own custom solution
Trading: Emini Futures
 
Big Mike's Avatar
 
Posts: 49,067 since Jun 2009
Thanks: 31,673 given, 95,155 received

Congrats on the journal, looking forward to reading more

Mike

We're here to help -- just ask

For the best trading education, watch our webinars
Searching for trading reviews? Review this list

Follow us on Twitter, YouTube, and Facebook

Support our community as an Elite Member:
https://futures.io/elite/
Follow me on Twitter Visit my Facebook Visit my futures io Trade Journal Reply With Quote
The following user says Thank You to Big Mike for this post:
 
(login for full post details)
  #15 (permalink)
Al,India
 
Experience: Advanced
Platform: NinjaTrader
Broker: RKG
Trading: NiftyFuture
 
devdas's Avatar
 
Posts: 1,561 since Feb 2010
Thanks: 1,499 given, 1,695 received

Weekly, Daily and 15-min.








Harvest The Moon
Nest The Market
Follow me on Twitter Visit my futures io Trade Journal Reply With Quote
The following user says Thank You to devdas for this post:
 
(login for full post details)
  #16 (permalink)
Al,India
 
Experience: Advanced
Platform: NinjaTrader
Broker: RKG
Trading: NiftyFuture
 
devdas's Avatar
 
Posts: 1,561 since Feb 2010
Thanks: 1,499 given, 1,695 received


Harvest The Moon
Nest The Market
Follow me on Twitter Visit my futures io Trade Journal Reply With Quote
 
(login for full post details)
  #17 (permalink)
Al,India
 
Experience: Advanced
Platform: NinjaTrader
Broker: RKG
Trading: NiftyFuture
 
devdas's Avatar
 
Posts: 1,561 since Feb 2010
Thanks: 1,499 given, 1,695 received


Harvest The Moon
Nest The Market
Follow me on Twitter Visit my futures io Trade Journal Reply With Quote
 
(login for full post details)
  #18 (permalink)
Al,India
 
Experience: Advanced
Platform: NinjaTrader
Broker: RKG
Trading: NiftyFuture
 
devdas's Avatar
 
Posts: 1,561 since Feb 2010
Thanks: 1,499 given, 1,695 received


Harvest The Moon
Nest The Market
Follow me on Twitter Visit my futures io Trade Journal Reply With Quote
 
(login for full post details)
  #19 (permalink)
Al,India
 
Experience: Advanced
Platform: NinjaTrader
Broker: RKG
Trading: NiftyFuture
 
devdas's Avatar
 
Posts: 1,561 since Feb 2010
Thanks: 1,499 given, 1,695 received

Never felt easy today since coming early morning...first like waiting for continuation...second waiting for breakout....
where are those big bull bars today...
perhaps no more trade today



Harvest The Moon
Nest The Market
Follow me on Twitter Visit my futures io Trade Journal Reply With Quote
 
(login for full post details)
  #20 (permalink)
Al,India
 
Experience: Advanced
Platform: NinjaTrader
Broker: RKG
Trading: NiftyFuture
 
devdas's Avatar
 
Posts: 1,561 since Feb 2010
Thanks: 1,499 given, 1,695 received


Still in marked range...


Harvest The Moon
Nest The Market
Follow me on Twitter Visit my futures io Trade Journal Reply With Quote


futures io Trading Community Trading Journals > T For Trading


August 17, 2016


Upcoming Webinars and Events
     



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