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 98,938 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)
  #321 (permalink)
Al,India
 
Experience: Advanced
Platform: NinjaTrader
Broker: RKG
Trading: NiftyFuture
 
devdas's Avatar
 
Posts: 1,562 since Feb 2010
Thanks: 1,500 given, 1,700 received

Any thing that fits in this situation with higher odd is a gap opening ( up or down both seems have same odds ) on monday. And that need observation how NF going to react at gap opening near/above zone 1 or near/below zone 2.
Both might come with continuation or failure so let the market decide which way it wants to go. From daily chart, i feel continuation from zone 2 to lower side , setting pullback to larger MA on daily chart cant be ruled out. This might also happen from failure from higher opening of zone 1, if underlying bais is really going to change that way.






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

Can you help answer these questions
from other members on futures io?
Can Tradingviews Drawing tool create limit order
Platforms and Indicators
S&P to launch cryptocurrency indexes in 2021
Cryptocurrencies
Hedging strategy with free money
Traders Hideout
NT8 Programmer needed
The Elite Circle
Post your backtest results
NinjaTrader
 
 
(login for full post details)
  #322 (permalink)
Al,India
 
Experience: Advanced
Platform: NinjaTrader
Broker: RKG
Trading: NiftyFuture
 
devdas's Avatar
 
Posts: 1,562 since Feb 2010
Thanks: 1,500 given, 1,700 received

Study extended back upto 1-May-2010 ( 579 Trading days ). Percentages are more or less taking shape as same.
I am interested in drop between 2 to 3.



Harvest The Moon
Nest The Market
Follow me on Twitter Visit my futures io Trade Journal Reply With Quote
 
(login for full post details)
  #323 (permalink)
Al,India
 
Experience: Advanced
Platform: NinjaTrader
Broker: RKG
Trading: NiftyFuture
 
devdas's Avatar
 
Posts: 1,562 since Feb 2010
Thanks: 1,500 given, 1,700 received


This is what we understand by common sense , just mimicked by simple studies. This is made on ( and must be on time frame one use to trade ) approx 19,700 bars of 3-Min period from last year till recent. It shows what are the most common ranges of 3 min bar on NF, and associated bar overlaps. Bar Overlap in my indicator is common intercept between two consecutive bars, made by current bar on previous one. So, by this definition bar ranges of 5, can never have overlap value greater than 5, it will be always between 0 and 5. So Bar Ranges and Overlaps indirectly serves many purposes,

1) Having an idea of Volatility.
2) Having an idea of trend/chop.
3) Measure of Risk -> Stop.
4) Measure of probable target.








Below charts represent overlap associated with most common occurring bar ranges and a trend line approximation for common value. So as It goes on increasing Bar ranges , Overlap % decreases - Pretty much common behavior - Targets would be easily achieved in relatively fast and volatile condition. It is obvious from these, my most liking condition are bar ranges in between 4 to 6.



























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)
  #324 (permalink)
Al,India
 
Experience: Advanced
Platform: NinjaTrader
Broker: RKG
Trading: NiftyFuture
 
devdas's Avatar
 
Posts: 1,562 since Feb 2010
Thanks: 1,500 given, 1,700 received

Running a long since some time @ 5391.
In hindsight it is definitely a poor trade but i had to set in risk limit...and hence was not defined stop level as per smaller structure.

Harvest The Moon
Nest The Market
Follow me on Twitter Visit my futures io Trade Journal Reply With Quote
 
(login for full post details)
  #325 (permalink)
Al,India
 
Experience: Advanced
Platform: NinjaTrader
Broker: RKG
Trading: NiftyFuture
 
devdas's Avatar
 
Posts: 1,562 since Feb 2010
Thanks: 1,500 given, 1,700 received

Got stopped near 5381.

Harvest The Moon
Nest The Market
Attached Thumbnails
Click image for larger version

Name:	NIFTY_I (15 Min)  8_27_2012.png
Views:	16
Size:	41.0 KB
ID:	86785  
Follow me on Twitter Visit my futures io Trade Journal Reply With Quote
 
(login for full post details)
  #326 (permalink)
Al,India
 
Experience: Advanced
Platform: NinjaTrader
Broker: RKG
Trading: NiftyFuture
 
devdas's Avatar
 
Posts: 1,562 since Feb 2010
Thanks: 1,500 given, 1,700 received

Nett result of day = -12 Pts after comm.



devdas View Post
........
Both might come with continuation or failure so let the market decide which way it wants to go. From daily chart, i feel continuation from zone 2 to lower side , setting pullback to larger MA on daily chart cant be ruled out....


It was a big mistake and big setback. Despite right assessment i didnt acted right. Though point loss was just single trade stop loss...but it is multiple times psychologically and mentally. Need some time to subsidize.






Harvest The Moon
Nest The Market
Follow me on Twitter Visit my futures io Trade Journal Reply With Quote
 
(login for full post details)
  #327 (permalink)
Al,India
 
Experience: Advanced
Platform: NinjaTrader
Broker: RKG
Trading: NiftyFuture
 
devdas's Avatar
 
Posts: 1,562 since Feb 2010
Thanks: 1,500 given, 1,700 received

Just observing to remain in touch with developments.
Recent discussed four step that taken b shape, is near its destination level 5340.

Harvest The Moon
Nest The Market
Attached Thumbnails
Click image for larger version

Name:	NIFTY_I (15 Min)  8_28_2012.png
Views:	15
Size:	90.0 KB
ID:	86869  
Follow me on Twitter Visit my futures io Trade Journal Reply With Quote
 
(login for full post details)
  #328 (permalink)
Al,India
 
Experience: Advanced
Platform: NinjaTrader
Broker: RKG
Trading: NiftyFuture
 
devdas's Avatar
 
Posts: 1,562 since Feb 2010
Thanks: 1,500 given, 1,700 received

Completion of old four step....not necessarily mean price will reverse....but probable action forced me to took a long @ 5346.

Harvest The Moon
Nest The Market
Follow me on Twitter Visit my futures io Trade Journal Reply With Quote
 
(login for full post details)
  #329 (permalink)
Al,India
 
Experience: Advanced
Platform: NinjaTrader
Broker: RKG
Trading: NiftyFuture
 
devdas's Avatar
 
Posts: 1,562 since Feb 2010
Thanks: 1,500 given, 1,700 received

Placed a stop at entry price.

Harvest The Moon
Nest The Market
Follow me on Twitter Visit my futures io Trade Journal Reply With Quote
 
(login for full post details)
  #330 (permalink)
Al,India
 
Experience: Advanced
Platform: NinjaTrader
Broker: RKG
Trading: NiftyFuture
 
devdas's Avatar
 
Posts: 1,562 since Feb 2010
Thanks: 1,500 given, 1,700 received


Exited @ 5356.

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
 

Battlestations!

January
     



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