Like a turtle to his balcony... - Trading Journals | futures io social day trading
futures io futures trading


Like a turtle to his balcony...
Updated: Views / Replies:96,499 / 1,905
Created: by GaryD Attachments:1,051

Welcome to futures io.

(If you already have an account, login at the top of the page)

futures io is the largest futures trading community on the planet, with over 90,000 members. At futures io, our goal has always been and always will be to create a friendly, positive, forward-thinking community where members can openly share and discuss everything the world of trading has to offer. The community is one of the friendliest you will find on any subject, with members going out of their way to help others. Some of the primary differences between futures io and other trading sites revolve around the standards of our community. Those standards include a code of conduct for our members, as well as extremely high standards that govern which partners we do business with, and which products or services we recommend to our members.

At futures io, our focus is on quality education. No hype, gimmicks, or secret sauce. The truth is: trading is hard. To succeed, you need to surround yourself with the right support system, educational content, and trading mentors Ė all of which you can find on futures io, utilizing our social trading environment.

With futures io, you can find honest trading reviews on brokers, trading rooms, indicator packages, trading strategies, and much more. Our trading review process is highly moderated to ensure that only genuine users are allowed, so you donít need to worry about fake reviews.

We are fundamentally different than most other trading sites:
  • We are here to help. Just let us know what you need.
  • We work extremely hard to keep things positive in our community.
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts.
  • We firmly believe in and encourage sharing. The holy grail is within you, we can help you find it.
  • 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.

-- Big Mike, Site Administrator

Reply
 1,051  
 
Thread Tools Search this Thread
 

Like a turtle to his balcony...

  #1301 (permalink)
Banned: User asked to be banned
Calgary, Canada
 
Futures Experience: Intermediate
Platform: Multiple
Broker/Data: Multiple
Favorite Futures: Multiple
 
Deucalion's Avatar
 
Posts: 430 since Aug 2009
Thanks: 103 given, 1,207 received


GaryD View Post
...............He said, "I would LOVE to have you teach them guitar"...

There is a man who understands the beauty of creativity. I used to think my greatest asset was my focus on science (i come from a physics background and spent 15years in the oil and gas industry as a drilling engineer. One of my regrets, now, was poo-pooing creative hobbies...like music. Ken Robinson is right.


Reply With Quote
The following 3 users say Thank You to Deucalion for this post:
 
  #1302 (permalink)
Elite Member
Birmingham UK
 
Futures Experience: Intermediate
Platform: NinjaTrader
Broker/Data: IG/eSignal
Favorite Futures: Dax
 
ratfink's Avatar
 
Posts: 3,339 since Dec 2012
Thanks: 11,282 given, 7,092 received

Imho, no two children should be educated the same and all should be economically literate. Sadly, today's world is the exact opposite. The politicians and banksters have free reign in a world where creativity and economic literacy are deliberately stifled. Have fun with the kids!

Travel Well
Reply With Quote
The following user says Thank You to ratfink for this post:
 
  #1303 (permalink)
User requested to be banned
Orlando, Florida
 
Futures Experience: None
Platform: shoes
Favorite Futures: happy
 
GaryD's Avatar
 
Posts: 6,462 since May 2011
Thanks: 2,090 given, 5,027 received



Deucalion View Post
There is a man who understands the beauty of creativity. I used to think my greatest asset was my focus on science (i come from a physics background and spent 15years in the oil and gas industry as a drilling engineer. One of my regrets, now, was poo-pooing creative hobbies...like music. Ken Robinson is right.


OK, I'll teach you how to play guitar.

Reply With Quote
 
  #1304 (permalink)
User requested to be banned
Orlando, Florida
 
Futures Experience: None
Platform: shoes
Favorite Futures: happy
 
GaryD's Avatar
 
Posts: 6,462 since May 2011
Thanks: 2,090 given, 5,027 received

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



Not one to let something go until it is completely worn out, I am still on a mission to study value and the various responses. I have changed colors and settings so many times, not looking for a system, but seeing it differently.

I was recently asked to take an urgent care apart and put it back together, but never close the doors. I did maybe 15 overlays of current versus proposed floorplans, color-coded them, made some solid, others transparent, kept flipping back and forth, until I finally found where the conflicts were. I then emailed the architect that if he moved 3 things, it was doable.

That is the point of the chart above. Not that I will ever use it even, but I might. What it does is allows some visual absorbtion for me of what is happening and where. There is no doubt I have learned a lot obout VWAP and VAH/L this weekend, even though I could not explain it well, mostly because it has so many variables. But when looking with an open mind and just trying to understand "value", trade location has been drilled into my subconscious from all the hours of homework.

Reply With Quote
 
  #1305 (permalink)
User requested to be banned
Orlando, Florida
 
Futures Experience: None
Platform: shoes
Favorite Futures: happy
 
GaryD's Avatar
 
Posts: 6,462 since May 2011
Thanks: 2,090 given, 5,027 received

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


Not forecasting anything, the trendline is just as likely to hold as to break. Just looking at potential structure in place if it does break.


Last edited by GaryD; May 5th, 2013 at 05:27 PM.
Reply With Quote
 
  #1306 (permalink)
User requested to be banned
Orlando, Florida
 
Futures Experience: None
Platform: shoes
Favorite Futures: happy
 
GaryD's Avatar
 
Posts: 6,462 since May 2011
Thanks: 2,090 given, 5,027 received

By KARIN LAUB and JOSEF FEDERMAN Associated Press
BEIRUT May 5, 2013 (AP)

"Israel rushed to beef up its rocket defenses on its northern border Sunday to shield against possible retaliation after carrying out two airstrikes in Syria over 48 hours — an unprecedented escalation of Israeli involvement in the Syrian civil war.

Syria and its patron Iran hinted at possible retribution, though the rhetoric in official statements appeared relatively muted."


When considering oil reserves, while Syria is not a major player, Iran is.


But, looking at the most recent similar event;

By ANNE BARNARD, MICHAEL R. GORDON and JODI RUDOREN - New York Times

"In late January, Israel carried out a similar airstrike in Syria, which it also refused to publicly confirm, that used similar tactics, including a route over Lebanon, according to a former senior American official. "

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


Last edited by GaryD; May 5th, 2013 at 05:29 PM.
Reply With Quote
 
  #1307 (permalink)
Elite Member
Cincinnati Ohio
 
Futures Experience: Intermediate
Platform: NinjaTrader
Broker/Data: Futures Broker
Favorite Futures: AUD
 
Silver Dragon's Avatar
 
Posts: 1,597 since Feb 2011
Thanks: 3,860 given, 3,318 received


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


Not forecasting anything, the trendline is just as likely to hold as to break. Just looking at potential structure in place if it does break.


@GaryD

There is a peak in CL which a little further out than your chart is showing. This creates a secondary trend line. If it gets there in the next few weeks the resistance of the upper trend line would be between 103 and 104.

In order to get there it has to get through this resistance area (green box) and break above 102. If it is news driven then I think it will cut through this area like a hot knife on butter otherwise could be choppy road, IMO.

Robert


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

nosce te ipsum

You make your own opportunities in life.
Reply With Quote
The following user says Thank You to Silver Dragon for this post:
 
  #1308 (permalink)
User requested to be banned
Orlando, Florida
 
Futures Experience: None
Platform: shoes
Favorite Futures: happy
 
GaryD's Avatar
 
Posts: 6,462 since May 2011
Thanks: 2,090 given, 5,027 received


Silver Dragon View Post
@GaryD

There is a peak in CL which a little further out than your chart is showing. This creates a secondary trend line. If it gets there in the next few weeks the resistance of the upper trend line would be between 103 and 104.

In order to get there it has to get through this resistance area (green box) and break above 102. If it is news driven then I think it will cut through this area like a hot knife on butter otherwise could be choppy road, IMO.


If I did not "know better" I would have bought right at 6pm. The potential of Iran getting in the mix should send crude on a wild ride. But I have a very hard time reading these types of moves and was going to wait a couple minutes. never looked back...

Reply With Quote
The following user says Thank You to GaryD for this post:
 
  #1309 (permalink)
User requested to be banned
Orlando, Florida
 
Futures Experience: None
Platform: shoes
Favorite Futures: happy
 
GaryD's Avatar
 
Posts: 6,462 since May 2011
Thanks: 2,090 given, 5,027 received


Silver Dragon View Post
@GaryD

There is a peak in CL which a little further out than your chart is showing. This creates a secondary trend line. If it gets there in the next few weeks the resistance of the upper trend line would be between 103 and 104.

In order to get there it has to get through this resistance area (green box) and break above 102. If it is news driven then I think it will cut through this area like a hot knife on butter otherwise could be choppy road, IMO.

I am not really trying to find resistance above the current trendlines. On a larger scale, CL may have just completed an intermediate ABC pattern, inside a major ABC, at around 86.00 If The B leg breaks, which is around 98.10 on the intermediate, and 99.60 on the major, and if this is W3 on the intermediate time frame, crude could be on the loose.



Reply With Quote
The following user says Thank You to GaryD for this post:
 
  #1310 (permalink)
User requested to be banned
Orlando, Florida
 
Futures Experience: None
Platform: shoes
Favorite Futures: happy
 
GaryD's Avatar
 
Posts: 6,462 since May 2011
Thanks: 2,090 given, 5,027 received


What has me really questioning this move has 3 parts.


1) Crude will need to break out of this long term channel in red

2) When Israel supposedly struck Syrian recently in January it had virtually zero upward push.

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




3) Price ran up to the value areas of the prior bracket in this area

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




I was commenting to a trader this morning that I might buy the ETH open tonight, but after I reviewed the January reaction I was not sure, and it did not give much time to think about it. Now I am not sure about going long, and would not short this for anything.

Hopefully some good structure will form overnight.

Reply With Quote
The following user says Thank You to GaryD for this post:

Reply



futures io > > > Like a turtle to his balcony...

Thread Tools Search this Thread
Search this Thread:

Advanced Search



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

Jigsaw Trading: TBA

Elite only

FuturesTrader71: TBA

Elite only

NinjaTrader: TBA

Jan 18

RandBots: TBA

Jan 23

GFF Brokers & CME Group: Futures & Bitcoin

Elite only

Adam Grimes: TBA

Elite only

Ran Aroussi: TBA

Elite only
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
Turtle Trading System on TOS Fourwedge ThinkOrSwim 8 June 21st, 2014 12:15 AM
Turtle and the Hare kbit Jokes 1 December 12th, 2012 06:22 AM
Turtle TS-code help needed from programmers abcplot EasyLanguage Programming 1 May 11th, 2011 03:29 PM
Turtle Trading System Calculation Help wanted JVentura Platforms and Indicators 2 November 22nd, 2010 09:27 PM


All times are GMT -4. The time now is 07:20 AM.

Copyright © 2017 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
Page generated 2017-12-16 in 0.17 seconds with 20 queries on phoenix via your IP 54.226.113.250