T For Trading - Trading Journals | futures.io
futures.io futures trading


T For Trading
Started: by devdas Views / Replies:56,177 / 1,132
Last Reply: Attachments:799

Welcome to futures.io.

Welcome, Guest!

This forum was established to help traders (especially futures traders) by openly sharing indicators, strategies, methods, trading journals and discussing the psychology of trading.

We are fundamentally different than most other trading forums:
  • We work extremely hard to keep things positive on our forums.
  • We do not tolerate rude behavior, trolling, or vendor advertising in posts.
  • We firmly believe in openness and encourage sharing. The holy grail is within you, it is not something tangible you can download.
  • We expect our members to participate and become a part of the community. Help yourself by helping others.


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, and we will never resell your private information.

-- Big Mike

Reply
 799  
 
Thread Tools Search this Thread
 

T For Trading

  #501 (permalink)
 Vendor: www.edevaay.com 
Al,India
 
Futures Experience: Advanced
Platform: NinjaTrader
Broker/Data: RKG
Favorite Futures: NiftyFuture
 
devdas's Avatar
 
Posts: 1,544 since Feb 2010
Thanks: 1,428 given, 1,640 received

I was present since opening and was aware of continuous price probe lower and staying below VWAP. There was a favorable instant of bars around time 9:27 AM and then 9:48 AM that lure me once to put Short, but there was little hesitation due to MIRZ and being 5 Day DVAL. Rather i was waiting for Long on pullback to larger MA on 15-min. Here come the natural thought from old experience if it had to go Long way then let it come above VWAP. Being state of hold i left the screen for some time for some work. On return it was just re-probing demand zone that gave me final confidence towards Short. I have attached some similar situations from past, not all they match exactly but theme of MIRZ is most obvious in all.

Today ( 20-Nov-2012 )

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).




18-Oct-2012 :

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).




16-Oct-2012 :

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).




10-Sep-2012 :

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).




27-Sep-2012 :

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).

Harvest The Moon
Nest The Market
Reply With Quote
 
  #502 (permalink)
 Vendor: www.edevaay.com 
Al,India
 
Futures Experience: Advanced
Platform: NinjaTrader
Broker/Data: RKG
Favorite Futures: NiftyFuture
 
devdas's Avatar
 
Posts: 1,544 since Feb 2010
Thanks: 1,428 given, 1,640 received

Though completed the day with two trades so far Short(-) , Long(+).
I still buy if get favorable location as per shown.

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).

Harvest The Moon
Nest The Market
Reply With Quote
 
  #503 (permalink)
 Vendor: www.edevaay.com 
Al,India
 
Futures Experience: Advanced
Platform: NinjaTrader
Broker/Data: RKG
Favorite Futures: NiftyFuture
 
devdas's Avatar
 
Posts: 1,544 since Feb 2010
Thanks: 1,428 given, 1,640 received


Out of 506 trading days since Jan-2011, only 29 days were of a specific type....and i will surprise if this day is 30th day

If this day fail to make new high then it will be 30th day of that type since Jan-2011.

Harvest The Moon
Nest The Market
Attached Thumbnails
T For Trading-nifty_i-15-min-11_21_2012.png  
Reply With Quote
The following user says Thank You to devdas for this post:
 
  #504 (permalink)
 Vendor: www.edevaay.com 
Al,India
 
Futures Experience: Advanced
Platform: NinjaTrader
Broker/Data: RKG
Favorite Futures: NiftyFuture
 
devdas's Avatar
 
Posts: 1,544 since Feb 2010
Thanks: 1,428 given, 1,640 received

21-Nov-2012 : At first Short i had feeling that it might not be good location either to initiate fresh short, but being synchronizing trades as per opening bias and 15-min chart trend, i could not deny from taking that. Honestly i do wanted to Long where i Shorted , but i have seriously grasped and experience that when i left trade to be proved wrong by market itself then only i could easily reverse without hesitation. Long worked like as shown and got good chunk of ADR[5] at that time.
Second Long, i could not wait more as it was already taken extending my session time, had to scratch nearly BE. I was more of tired of waiting and of poor facilitation mode of price had acquired after first hour run up.


Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).



Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).

Harvest The Moon
Nest The Market
Reply With Quote
 
  #505 (permalink)
 Vendor: www.edevaay.com 
Al,India
 
Futures Experience: Advanced
Platform: NinjaTrader
Broker/Data: RKG
Favorite Futures: NiftyFuture
 
devdas's Avatar
 
Posts: 1,544 since Feb 2010
Thanks: 1,428 given, 1,640 received

Futures Edge on FIO
In the event of broken Opening Bias....i decide to trade on momentum basis with reduced target expectations. Took total three trades - Long(+), Short(+) , Short(+).

Harvest The Moon
Nest The Market
Attached Thumbnails
T For Trading-nifty_i-15-min-11_22_2012.png  
Reply With Quote
 
  #506 (permalink)
 Vendor: www.edevaay.com 
Al,India
 
Futures Experience: Advanced
Platform: NinjaTrader
Broker/Data: RKG
Favorite Futures: NiftyFuture
 
devdas's Avatar
 
Posts: 1,544 since Feb 2010
Thanks: 1,428 given, 1,640 received

A good experience day. Turned from low confidence to high confidence. Took three trades, Short ( BE ), then low expectancy Long (-) that turn small loss and then finally big bang Short(+).


Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).

Harvest The Moon
Nest The Market
Reply With Quote
 
  #507 (permalink)
 Vendor: www.edevaay.com 
Al,India
 
Futures Experience: Advanced
Platform: NinjaTrader
Broker/Data: RKG
Favorite Futures: NiftyFuture
 
devdas's Avatar
 
Posts: 1,544 since Feb 2010
Thanks: 1,428 given, 1,640 received

23 & 26 Nov - 2012 : Two days . . Some key similarities and dissimilarities...that's why my actions were also similar but still carrying some differences.

There is absence of 3rd trade today cause today's market was slow that didn't gave much time for 3rd.
Today's development was MIRZ on higher side while 23rd took MIRZ way on lower side.
23rd's pullback on larger MA was 3rd after MA cross, while today's pullback was first on larger MA.
Both day developed near 5-day DVAH.


Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).

Harvest The Moon
Nest The Market
Reply With Quote
 
  #508 (permalink)
 Vendor: www.edevaay.com 
Al,India
 
Futures Experience: Advanced
Platform: NinjaTrader
Broker/Data: RKG
Favorite Futures: NiftyFuture
 
devdas's Avatar
 
Posts: 1,544 since Feb 2010
Thanks: 1,428 given, 1,640 received

It was the split second decision - would you believe in trend or not ?
If i didn't, then my mind could never align with this through out the session.
It was equally tough from noob perspective...even for many Market Profile follower,
It was always fruitful to leave myself on trend.

Harvest The Moon
Nest The Market
Attached Thumbnails
T For Trading-nifty_i-15-min-11_27_2012.png   T For Trading-nifty_i-15-min-11_27_2012-fp.png   T For Trading-nifty_i-30-min-11_27_2012.png  
Reply With Quote
 
  #509 (permalink)
 Vendor: www.edevaay.com 
Al,India
 
Futures Experience: Advanced
Platform: NinjaTrader
Broker/Data: RKG
Favorite Futures: NiftyFuture
 
devdas's Avatar
 
Posts: 1,544 since Feb 2010
Thanks: 1,428 given, 1,640 received

Rather to think about counter trend scalp...its better to wait for these demand lvl to test and for re-entry. First one is most achievable...and 2nd can be used as stop on re-entry long.

Harvest The Moon
Nest The Market
Attached Thumbnails
T For Trading-nifty_i-3-min-11_27_2012.png  
Reply With Quote
 
  #510 (permalink)
 Vendor: www.edevaay.com 
Al,India
 
Futures Experience: Advanced
Platform: NinjaTrader
Broker/Data: RKG
Favorite Futures: NiftyFuture
 
devdas's Avatar
 
Posts: 1,544 since Feb 2010
Thanks: 1,428 given, 1,640 received


27-Nov-2012 : Took only one trade, didn't get proper opportunity for second as per my view.
Most days like this have very similar pattern of developing and unfolding, that's why i was little leaned towards
VWAP test a bit for second opportunity.
Some might look in for Short opportunity given the day had stretched much in ADR[5] limits and i was seeing the creek bar marked "A", if i was to broke my patience then perhaps might have reacted at that. Rather i was not in mood to take any call from either side, i become little defensive as market was unfolding at very slow pace. This was also visible from footprints chart. I also discarded to re-entry long at creek bar marked "B". One reason for this resilience was, i had passed a phase of fast movement with huge delta built-up in morning trade, so delta volume of order 50K could not infuse any charm when had seen of order 300K+ . Everything was seen as natural consolidation and i had no time to wait for it to come out of this mode.


Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).



Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).



Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).

Harvest The Moon
Nest The Market
Reply With Quote

Reply



futures.io > > > T For Trading

Thread Tools Search this Thread
Search this Thread:

Advanced Search



Upcoming Webinars and Events (4:30PM ET unless noted)

2016 True Edge Awards: Voting is open until Jan 21!

Now
 

An Afternoon with FIO member Massive l

Elite only
 

Anthony Drager: Pulling the trigger with confidence

Elite only
 

Leo Murphy: The Art and Science of Technical Analysis

Elite only
 

FuturesTrader71: Ask Me Anything

Elite only
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
Scams: Prediction Point Trading, Hindsight Trading, Market Mover Trading flipper26 Vendors and Product Reviews 5 August 6th, 2012 02:19 AM


All times are GMT -4. The time now is 07:47 PM.

no new posts
Page generated 2017-01-19 in 0.17 seconds with 21 queries on phoenix via your IP 23.22.61.134