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 94,406 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)
  #381 (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

01 Oct - 2012 : First short was taken as for continuation of down trend , being developing below yday 's demand/supply inflection zone. With time consumption in 2nd SD zone, this was natural to take that action. But it didnt worked and had to quit with local heavy buy side delta.
It hinted its doing something else, but didnt appeared very good for long either. There was very slow rise in channel but i was not considering it worth ... neither that is a decision element in my plan. Long taken after a short squeeze prompt and again buy side delta. Though i had decided to long on clear penetration of yday demand/supply inflection zone...but it was my discretion and to put trade in relation to squeeze low so that it do not fall beyond max risk.









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?
Degiro Negative Balance Advice
Traders Hideout
Dollar crash in 2021
Currencies
Macros for flatten and reverse
TradeStation
QDEL
Stocks and ETFs
3x Fangdango
Traders Hideout
 
Best Threads (Most Thanked)
in the last 7 days on futures io
Coronavirus COVID-19
26 thanks
VWAP for stock index futures trading?
25 thanks
Lost & losing hope
22 thanks
Emini 4 Tick Scalp still valid?
18 thanks
Price Action Kewltech Style
15 thanks
 
(login for full post details)
  #382 (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

Stuck between two....little indecision...tough to have Long...but holding with larger bias.

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

Name:	NIFTY_I (30 Min)  10_3_2012.png
Views:	16
Size:	32.9 KB
ID:	90944  
Follow me on Twitter Visit my futures io Trade Journal Reply With Quote
 
(login for full post details)
  #383 (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


Out from Long.

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

Name:	NIFTY_I (15 Min)  10_3_2012.png
Views:	18
Size:	36.5 KB
ID:	90945  
Follow me on Twitter Visit my futures io Trade Journal Reply With Quote
 
(login for full post details)
  #384 (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

Completed a high probable short - just sell low and buy even lower low....

Harvest The Moon
Nest The Market
Follow me on Twitter Visit my futures io Trade Journal Reply With Quote
 
(login for full post details)
  #385 (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

03-Oct-2012 : Both trade taken as per perceived context, but i took trades with little confirmations ( delay) and obviously with some momentum on trade side. First long was taken with larger bias risking against down opening. At location A, i was waiting price to test LTZ around 5742 , that would have also make a good pullback on 15-min. But acted on reverse. Exit of long was purely opportunistic , coinciding with Friday high.

Now for second trade i was not in hurry to act. I could easily recognize the four step development after it retraced much from day's high. This was not the case at the time of Creek Jump bar entry...rather it could only be said ( after consolidation at B completes) with some reasonable sign that its four step development and current move is most probably heading for lower 2nd SD after reversing from upper 2ndSD. I had already LTZ as a reference level ( which is from dissipative profile of 1st Oct ) that was potentially the target this time. Hence short taken.

There is a finer point - if Creek Jump Bar entry was used for entering short then its outcome would have been solely attributed to momentum alone. I understood my all previous Creek Jump entries in past that were successful just because of momentum - just a 50:50 coin toss. But this short was not on that, its just on context.

Momentum dont architect context , rather its context that architects momentum - Lesson learned.








There are many nested four steps with their own hierarchy.


Harvest The Moon
Nest The Market
Follow me on Twitter Visit my futures io Trade Journal Reply With Quote
 
(login for full post details)
  #386 (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

I didnt followed my plan, to being present within 15 min of opening- was sleeping and came late.
Its on multi month high and hooking targets of some nested four step development.
For me now, after it has completed 100% of ADR[5], is just observe. Move in direction of trend now may come late...no idea,...might be big trend...no idea, might be reversal--perhaps wont take in this today's context.
But definitely costed me of being not following simple rule.

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

Name:	NIFTY_I (30 Min)  10_4_2012.png
Views:	19
Size:	72.8 KB
ID:	91065  
Follow me on Twitter Visit my futures io Trade Journal Reply With Quote
 
(login for full post details)
  #387 (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

Just a bit of rotation here n thr..VWAP test didnt infuse anything enthusiastic.

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

Name:	NIFTY_I (15 Min)  10_4_2012.png
Views:	15
Size:	111.5 KB
ID:	91067  
Follow me on Twitter Visit my futures io Trade Journal Reply With Quote
 
(login for full post details)
  #388 (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

I could dig two levels where i think to act - 5810 and 5792. Former is most probable to test....latter seems far for.

Harvest The Moon
Nest The Market
Follow me on Twitter Visit my futures io Trade Journal Reply With Quote
 
(login for full post details)
  #389 (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

Its up 16 Points from VWAP test....i missed this too...seems im not in sync today.

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

Name:	NIFTY_I (3 Min)  10_4_2012.png
Views:	16
Size:	38.1 KB
ID:	91071  
Follow me on Twitter Visit my futures io Trade Journal Reply With Quote
 
(login for full post details)
  #390 (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


Correct hierarchy in adoption

1) Being comfortable(With Market Structure) and following Trading Plan.

2) Not Being comfortable( With Market Structure ) but forcefully following Trading Plan.

3) Being Comfortable ( With Market Structure ) but not following Trading Plan.


I failed today on 2nd.



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