Swing trading w/ daily & 4hr chart - futures io
futures io



Swing trading w/ daily & 4hr chart


Discussion in Trading Journals

Updated
    1. trending_up 916 views
    2. thumb_up 0 thanks given
    3. group 1 followers
    1. forum 1 posts
    2. attach_file 1 attachments




Welcome to futures io: the largest futures trading community on the planet, with well over 125,000 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
 

Swing trading w/ daily & 4hr chart

(login for full post details)
  #1 (permalink)
spyassassin
Buffalo, NY, USA
 
 
Posts: 6 since Aug 2012
Thanks: 0 given, 0 received

This will be my trading journal for as long as I can keep the ball rolling. I will post all of my trades here and why I decided to take that trade. I do not do this full-time therefore I cannot be on the forum throughout the trading day.

I my goal is to be profitable swing trading the broader markets. I plan on doing this by using custom indicators.

I have attached the following screenshot of my indicators and so far they have been very good at predicting the direction of the broader market.

Form the pic below, the magenta plot in the daily is a very good indicator of the current market state and its direction and rate of change are very useful in predicting future price action. The white line on the top study measures the rate of change of the magenta plot.

The 4hr chart is primarily used to time good entry and exit points in order maximize gains.


So the trade for the coming few days will be to go short the broader market. I expect the SPY to drop about 2% in the next 4-5 trading days.




Please feel free to request other indexes, instruments, commodities, or stocks if you want my take on it.

Reply With Quote

Can you help answer these questions
from other members on futures io?
MCnet: (Multi-Timeframe) Directly Added Indicators vs Ba …
MultiCharts
Looking for VisEMA indicator for NT7
NinjaTrader
Using fxd files in FXCM trading station
Platforms and Indicators
AUSuperTrend in the NT strategy builder
NinjaTrader
MCnet: (Multi-Timeframe) EMA @ Weekly Data on Daily Chart
MultiCharts
 
Best Threads (Most Thanked)
in the last 7 days on futures io
The Beast Slayer, Lances NQ Trading Journal
31 thanks
Michael Burry warns the Mother of All Crashes is coming
21 thanks
Spoo-nalysis ES e-mini futures S&P 500
18 thanks
FairX is launching soon
17 thanks
Chart Trader Alternatives ?
14 thanks


futures io Trading Community Trading Journals > Swing trading w/ daily & 4hr chart


Last Updated on August 15, 2012


Upcoming Webinars and Events
 

NinjaTrader Indicator Challenge!

Ongoing
 

Our 12-year anniversary w/ $$,$$$ prizes (check soon)

June
     



Copyright © 2021 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada), 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