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:96,218 / 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...

  #1321 (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, 5,026 received

And, oil has no idea where it is going, and neither do we.

But, if we think of indicators as Visualization Tools...

Believe. After "Learn", the most powerful word in trading.


I saw that view for awhile before. And when I think that way my trading is far better. But reality has a way of bringing different details to the surface. And so believing becomes confidence, and confidence becomes overconfidence, and overconfidence is a volatile creature that can morph into who knows what at some point.


Balance. Acceptance. Almost taking the perspective of a 5 year old, as someone recently said to me.

Up, down, or sideways. Pick one. As who we are today,

not ignoring that we are progressing... Pick One.

And then manage it. And management is a skill all to itself.


Last edited by GaryD; May 7th, 2013 at 12:35 AM.
Reply With Quote
 
  #1322 (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, 5,026 received

ETH had been down overnight, eventually. The net effect was down anyway. So the opening drive felt a lot of pressure, which felt like something to me this morning but I never really defined it. And I watched price just vibrate against the underside of ETH Vwap today, as if it did not already know it was going through.

RTH Vwap gave more immediate structuire of the US response. Footprint shows what is happenning in real time, VSA shows how intense that footprint is, delta shows the microscopic view for utilmate refinement... of knowingness... Higher timeframes show major milestones, value is accepted or rejected, up down or sideways.

And if I do become one with the market, what does that make me? Better?

Worse?

And just as I choose the trade, the entry, the exit, the risk and the importance to me, I guess I would choose that too. Better or worse is what I make of it.

Reply With Quote
 
  #1323 (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, 5,026 received


Crude is repairing that center area overnight

Reply With Quote
 
  #1324 (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, 5,026 received


GaryD View Post
Crude is repairing that center area overnight



Not a bad guess after drinking a little too much with an old friend. Crude's ballistic move up and back down in the prior ON session was a lot to digest for crude traders.

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



While I had fun, we had a lot of laughs, and it was good to see Rick after so long, this morning I am a teensy bit hungover. Possibly still even under the influence. At 7:50am I am positively not trade ready, may not get there at all today.

ETH and RTH have basically convereged, with ON value nearly identical.

Reply With Quote
The following user says Thank You to GaryD for this post:
 
  #1325 (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, 5,026 received

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

Reply With Quote
 
  #1326 (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, 5,026 received

Journal note: I traded fantastic hungover. Maybe will try again tonight.

What a wild day, but this study of value, balance, day type, footprint, etc, really allowed me to understand a lot better than I ever have before. This is a day that in the past could eat me alive, but today I was very calm and had good reasoning for trade management, and traded it superbly. 103 ticks on a single contract as of 1:30pm


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).




Trade Location.


Not related to any one indicator, but related to the current conditions. That is where this new study excels over the charts and methods I used before this year.

I did not catch the opening drive up, I did not catch the reversal that crossed the entire range either, I traded after both of those had completed. And every trade was targeted.


Last edited by GaryD; May 7th, 2013 at 02:50 PM.
Reply With Quote
The following user says Thank You to GaryD for this post:
 
  #1327 (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, 5,026 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.

Robert


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


GaryD View Post
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.





Sorry Robert. I often have a hard time discussing analysis if someone doesn't post a chart to go with it, but then I got off on some other tangent. This is what I was referring to.

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



The reason I did not go back any further for the trendline was it put resistance above the B leg of the secondary (magenta). I was going to default to the break instead of looking for resistance beyond that point. Not that it is wrong or right, but that is how I was establishing bias.

Reply With Quote
The following user says Thank You to GaryD for this post:
 
  #1328 (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, 5,026 received

Wednesday 5/8/2013

Today's major news is the EIA. Crude has been bracketing for three ETH sessions since Friday, and maintained that balance in the ON sessions with the exception of the Syria impulse round trip on Sunday night. On the 240m crude remains in an upwave but inside of major consolidation. The heat from the Syria news seems to have dissipated.

Equities hit all-time record highs yesterday.


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




Watching the footprint chart has become my new favorite thing. And I figured out why I never enjoyed it before. It is not so much what is left in the boxes after the fact as how they form in real time, and that level of observation takes a lot of energy at first as it seems like pure chaos. Once I started to understand it better though, I stopped reading the numbers and more watching the process, and am finding it to reveal more than VSA.


I have recovered from my binge with Rick and woke up an hour earlier than normal today. Yesterday was the first day of steroids for my back, had an xray yesterday, not taking any pain relievers or musclerelaxers, and feeling very good. The sky is clear, the lake is calm, I have my professional trading flip flops on.

Reply With Quote
 
  #1329 (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, 5,026 received

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



Took 2 contract entry, one off already. Trying to get better at A period.

Reply With Quote
The following user says Thank You to GaryD for this post:
 
  #1330 (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, 5,026 received


stop to just above value

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

Reply With Quote

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)

Linda Bradford Raschke: Reading The Tape

Elite only

Adam Grimes: TBA

Elite only

NinjaTrader: TBA

January

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 10:32 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 2017-12-12 in 0.17 seconds with 20 queries on phoenix via your IP 54.90.92.204