TST Combine Journal - futures io
futures io futures trading



TST Combine Journal


Discussion in Trading Journals

Updated by JTurner77
      Top Posters
    1. looks_one indextrader7 with 265 posts (970 thanks)
    2. looks_two josh with 28 posts (91 thanks)
    3. looks_3 Pedro40 with 16 posts (13 thanks)
    4. looks_4 Big Mike with 16 posts (55 thanks)
      Best Posters
    1. looks_one rubyslippage with 18.7 thanks per post
    2. looks_two indextrader7 with 3.7 thanks per post
    3. looks_3 Big Mike with 3.4 thanks per post
    4. looks_4 josh with 3.3 thanks per post
    1. trending_up 75,502 views
    2. thumb_up 1,774 thanks given
    3. group 85 followers
    1. forum 556 replies
    2. attach_file 50 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)

Closed Thread
 
Search this Thread
 

TST Combine Journal

(login for full post details)
  #431 (permalink)
Portland, OR, US
 
Experience: None
Platform: Investor r/t, X_Trader, ToS
Broker: AMP/IQfeed
Trading: ES
 
zander931's Avatar
 
Posts: 493 since Nov 2012
Thanks: 1,496 given, 1,208 received


indextrader7 View Post
Thanks.

Yep, got stopped out to the tick up there. I don't understand the concept of poor high/low (or even a strong high/low?). Could you tell me a little about what defines one of these and how you apply it to your trading?

A poor low/poor high (synonymous with a weak or unsecured high or low) is simply an auction that was ended because of, in this case, buying exhaustion (as opposed to a quick counter reaction brought in by responsive selling). The idea is, because of the lack of counter reaction at the high, it is much more likely that buyers will test that area in the near future. Sellers likely won't have the conviction to drive price much lower after a poor high as well (because they don't know if there is any business to be done above that high).

A strong/secured high is the exact opposite. It is a high that is formed because of a strong counter-reaction (we can witness the counter reaction in the forms of excess.. buying/selling tails).

Visit my futures io Trade Journal
The following 4 users say Thank You to zander931 for this post:

Can you help answer these questions
from other members on futures io?
QDEL
Stocks and ETFs
3x Fangdango
Traders Hideout
I have segregated my investment and trading
Psychology and Money Management
Trade Summary Error
MultiCharts
Macros for flatten and reverse
TradeStation
 
Best Threads (Most Thanked)
in the last 7 days on futures io
VWAP for stock index futures trading?
40 thanks
Coronavirus COVID-19
19 thanks
Price Action Kewltech Style
12 thanks
Battlestations: Show us your trading desks!
9 thanks
The CL Crude-analysis Thread
9 thanks
 
(login for full post details)
  #432 (permalink)
Birmingham, AL
 
 
Posts: 1,065 since Apr 2012

Now that we've rotated back into the daily bracket area, my initial game plan for the day is out the window.

I COULD have seen the pullback to the bracket low at 43.50 and buyers step in as a great reason to get long. Alas, I did not see it well enough at the hard right edge.

Will be watching for long entries now.


 
(login for full post details)
  #433 (permalink)
Birmingham, AL
 
 
Posts: 1,065 since Apr 2012


I'm very interested in taking a long on a pullback to 45/46 area

It'll be a pullback to ON high, IB high, and dev VAH.

I'll take it if we get there and get a TLB/candle pattern/momentum shift whatever you prefer to call it.

 
(login for full post details)
  #434 (permalink)
Hot Springs, Arkansas
 
Experience: Beginner
Platform: ninja
Broker: optimus
Trading: ES
 
catdriver's Avatar
 
Posts: 30 since Feb 2012
Thanks: 234 given, 40 received


indextrader7 View Post
I'm very interested in taking a long on a pullback to 45/46 area

It'll be a pullback to ON high, IB high, and dev VAH.

I'll take it if we get there and get a TLB/candle pattern/momentum shift whatever you prefer to call it.

Throw an RTH VWAP on today's chart and see what you think. My trading improved greatly when I recognized it's
importance as far as a point of initiative buying or selling...just my .02

Follow me on Twitter
The following 2 users say Thank You to catdriver for this post:
 
(login for full post details)
  #435 (permalink)
Birmingham, AL
 
 
Posts: 1,065 since Apr 2012


catdriver View Post
Throw an RTH VWAP on today's chart and see what you think. My trading improved greatly when I recognized it's
importance as far as a point of initiative buying or selling...just my .02

Yes, it can be great, and today is one of those days. I've gone back and forth between having it or not lately. Def something to keep in mind, thanks!

 
(login for full post details)
  #436 (permalink)
Birmingham, AL
 
 
Posts: 1,065 since Apr 2012

Took half off for my discretionary exit near the highs. We'll see what the rest can do.


 
(login for full post details)
  #437 (permalink)
Birmingham, AL
 
 
Posts: 1,065 since Apr 2012

OK, so today was a sim trading day to get my feet wet with ironing out this trading plan.

It felt really nice to have the plan there.

There were no problems, or things I found I needed to add, to the plan in today's session. I thought something would come up. I'm kind of worried that nothing did... surely the plan is not totally ironed out yet?

Edit: I did find 2 potential things to add to the trading plan. They're listed in the writeup for trades 5 and 6.

The market did not meet my expectations for how it behaved today with my pre-market plan, every first attempt at a trade location was a loser, and none of my runners actually ran. Yet, I ended up down less than what i'm willing to risk on a single trade for the day.

THAT IS A WINNING DAY MY FRIENDS.





Trades 1 and 2 as well as 3 and 4 were short attempts off the levels i mentioned pre-market. Initial entries were too early, but re-entries were perfectly timed. Discretionary partial exits turned out to be scary good, and the runner portions did not run. This is ok, there will be days where my "feel" exits look way early, and the runners really run.

Trades 5 and 6 were attempts to get long in what appeared to be a real opportunity for this market to trend. Actually, there was a thing I considered adding to my trading plan here... two things actually. 1) These trades were small pullbacks in "open space" with no levels to lean off of. 2) They were longs right in the face of a large confluence of things at a level (could be serious resistance) and it was. The reason I took the trade anyways, is because I am now having this mental shift in how I see things based on these "poor highs" Taking a long at 10AM on this chart is something I never would have done before because we are "at the highs" and an area that sellers have defended several times. Evidently my thinking on that has been wrong. So, now go forward to the longs I'm taking for trades 5 and 6, I decided to ignore my better judgement that there was "resistance" at the highs there, and go for the continuation move higher. I guess in hindsight there was actually no PRIOR day resistance at the first area, but there was PRIOR DAY resistance (and several confluent things) at the second area. Ok, long winded, but I'm saying maybe I can add points 1 and 2 in this paragraph to the trading plan for entry criteria? Not sure yet.

Trades 6 and 7 were much more PLANNED out trades. I announced the trade idea and location here on futures.io (formerly BMT) well before we traded down to the area as an expectation. For these pullback trades, there were actually levels I was leaning off of, not just taking trades in open space. On par with the rest of the day, the first trade was early and stopped out, and the second trade was much better timing. Also, the "feel" exit was superior to the more manual exit that was trailed behind mini swing lows until taken out.

Trade #, "feel exit", more "manual" exit

1) -1.75 both parts
2) +3.75, BE
3) -0.75 both parts
4) +2.5, -2.0
5) BE both parts
6) -1.5 both parts
7) -2.0 both parts
8) +3.25, +2.25

 
(login for full post details)
  #438 (permalink)
Birmingham, AL
 
 
Posts: 1,065 since Apr 2012

New combine starts Monday.

Have a good weekend everyone.

 
(login for full post details)
  #439 (permalink)
Legendary Market Wizard
Cleveland Ohio/United States
 
Experience: Advanced
Platform: Tradestation
Broker: Tradestation, DeCarley, others
Trading: futures
 
Posts: 2,806 since Jul 2012
Thanks: 1,453 given, 5,418 received


indextrader7 View Post
New combine starts Monday.

Have a good weekend everyone.

Good Luck! Knock 'em dead!

Follow me on Twitter
The following 3 users say Thank You to kevinkdog for this post:
 
(login for full post details)
  #440 (permalink)
Point Roberts, WA, USA
 
Experience: Advanced
Platform: IB and free NT
Broker: IB
Trading: ES
 
aquarian1's Avatar
 
Posts: 3,889 since Dec 2010
Thanks: 1,474 given, 2,493 received



kevinkdog View Post
Good Luck! Knock 'em dead!

Ditto that!

I know you'll do great.

..........
peace, love and joy to you
.........
Visit my futures io Trade Journal
The following 2 users say Thank You to aquarian1 for this post:

Closed Thread

futures io Trading Community Trading Journals > TST Combine Journal


August 28, 2014


Upcoming Webinars and Events
 

An Afternoon With futures io member TropicalTrader

Elite only
     



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