Crude conversations - futures io
futures io futures trading



Crude conversations


Discussion in Trading Journals

Updated by Maelstrom
      Top Posters
    1. looks_one Maelstrom with 60 posts (51 thanks)
    2. looks_two peterg with 10 posts (9 thanks)
    3. looks_3 roreilly with 5 posts (1 thanks)
    4. looks_4 rubyslippage with 2 posts (0 thanks)
      Best Posters
    1. looks_one PandaWarrior with 2.0 thanks per post
    2. looks_two Maelstrom with 0.9 thanks per post
    3. looks_3 peterg with 0.9 thanks per post
    4. looks_4 roreilly with 0.2 thanks per post
    1. trending_up 8,401 views
    2. thumb_up 65 thanks given
    3. group 11 followers
    1. forum 81 replies
    2. attach_file 47 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)

 
Search this Thread
 

Crude conversations

(login for full post details)
  #61 (permalink)
Round Rock, Texas
 
Experience: Intermediate
Platform: Ninjatrader
Broker: NinjaTrader
Trading: RTY, ES, YM
 
Maelstrom's Avatar
 
Posts: 166 since Jul 2011
Thanks: 684 given, 401 received

Short from 96.40, stop 96.58.

Don't like that setup, but it was there, so took it.


Visit my futures io Trade Journal Reply With Quote
The following user says Thank You to Maelstrom for this post:

Can you help answer these questions
from other members on futures io?
Market Replay and Fills (Denali data)
Sierra Chart
Thanksgiving 2020 Fundraiser - lets be grateful!
Feedback and Announcements
Historical option expirations
Brokers
Display Total Delta in Numeric form
MultiCharts
Das Trader Pro
Platforms and Indicators
 
 
(login for full post details)
  #62 (permalink)
Milwaukee WI
 
Experience: Intermediate
Platform: Firetip
Trading: oil, spy, qqq,
 
Posts: 17 since Sep 2012
Thanks: 60 given, 22 received

Are you still in this trade or did you bail out? It looks like it went 1 cent short of your fifty cent target (so far).

Reply With Quote
 
(login for full post details)
  #63 (permalink)
Round Rock, Texas
 
Experience: Intermediate
Platform: Ninjatrader
Broker: NinjaTrader
Trading: RTY, ES, YM
 
Maelstrom's Avatar
 
Posts: 166 since Jul 2011
Thanks: 684 given, 401 received



roreilly View Post
Are you still in this trade or did you bail out? It looks like it went 1 cent short of your fifty cent target (so far).

Still in it.... probably a very dumb thing to do, but looking at something a little different this morning.

Logical exit was a couple of ticks above yesterdays high, or the reversal from that level.

Will keep you posted...good or bad

M

Visit my futures io Trade Journal Reply With Quote
 
(login for full post details)
  #64 (permalink)
Round Rock, Texas
 
Experience: Intermediate
Platform: Ninjatrader
Broker: NinjaTrader
Trading: RTY, ES, YM
 
Maelstrom's Avatar
 
Posts: 166 since Jul 2011
Thanks: 684 given, 401 received


Visit my futures io Trade Journal Reply With Quote
 
(login for full post details)
  #65 (permalink)
Round Rock, Texas
 
Experience: Intermediate
Platform: Ninjatrader
Broker: NinjaTrader
Trading: RTY, ES, YM
 
Maelstrom's Avatar
 
Posts: 166 since Jul 2011
Thanks: 684 given, 401 received


Visit my futures io Trade Journal Reply With Quote
 
(login for full post details)
  #66 (permalink)
Round Rock, Texas
 
Experience: Intermediate
Platform: Ninjatrader
Broker: NinjaTrader
Trading: RTY, ES, YM
 
Maelstrom's Avatar
 
Posts: 166 since Jul 2011
Thanks: 684 given, 401 received

.... failed.

Will go into more details on my thought process on that one, or lack thereof.

Though the trade actually lost 10 or 11 ticks, true loss with opportunity was more like 60 ticks.

Time for some revenge trading!!
(just kidding)

Visit my futures io Trade Journal Reply With Quote
 
(login for full post details)
  #67 (permalink)
Round Rock, Texas
 
Experience: Intermediate
Platform: Ninjatrader
Broker: NinjaTrader
Trading: RTY, ES, YM
 
Maelstrom's Avatar
 
Posts: 166 since Jul 2011
Thanks: 684 given, 401 received

Sloppy, stupid trade.... this is one that I SHOULD have had my ass handed to me for. Late entry, just wrong wrong wrong.

Chalking it up to not paying attention to what I should. May be done for today.


Visit my futures io Trade Journal Reply With Quote
 
(login for full post details)
  #68 (permalink)
maui
 
Experience: Master
Platform: NT, TWS,TW
Broker: IB.AMP.CQG.DTN
Trading: Currency, Futures, Options
 
peterg's Avatar
 
Posts: 122 since Mar 2010
Thanks: 35 given, 188 received


peterg View Post
They'll keep buying the pull backs until proven wrong then they'll sell the rallies until proven wrong.

Keep doing what works...but understand bigger picture...why it works ie with in Context.

I see you pressing trades into exhaustion a few too many times; this contunuation breakout works in strong momentum only to the point of trend exhaustion


Maelstrom View Post

Again same trade: Sell London and Buy New York open @ the 96 pullback pivot. They may dip the figure but its just to sweep the stops. Same old Grandma 1:4 RR swing it back to 97+ Top of Range level.


Reply With Quote
 
(login for full post details)
  #69 (permalink)
Milwaukee WI
 
Experience: Intermediate
Platform: Firetip
Trading: oil, spy, qqq,
 
Posts: 17 since Sep 2012
Thanks: 60 given, 22 received

Did you catch any of the volatility over the past two days? I would be interested to see how your entries work in a fast moving, volatile day. I am still a little unclear on how you decide which support/resistance triggers the three level entry. Is is any support or resistance, or is it subjective? Thanks.

Reply With Quote
 
(login for full post details)
  #70 (permalink)
Round Rock, Texas
 
Experience: Intermediate
Platform: Ninjatrader
Broker: NinjaTrader
Trading: RTY, ES, YM
 
Maelstrom's Avatar
 
Posts: 166 since Jul 2011
Thanks: 684 given, 401 received



roreilly View Post
Did you catch any of the volatility over the past two days? I would be interested to see how your entries work in a fast moving, volatile day. I am still a little unclear on how you decide which support/resistance triggers the three level entry. Is is any support or resistance, or is it subjective? Thanks.

I did - both were pretty outstanding days. Wed was able to stay with the downtrend for several trades, and yesterday not quite as easy, but still a good day.

As for your questions, no, it is not any S/R, or subjective. Pretty much rule based on specific patterns and entry triggers. I know I had promised to clarify everything, but as I mentioned, a little more difficult clearly writing out step by step what I see or am looking for. A little torn on this journal as well... originally had intended it to be for accountability for myself, and it has been helpful to a certain degree in having to expose myself with bad decisions or bad trades, but it has been a bit distracting posting during the trading day - especially "live trades". Guess I wanted transparency in my trading and not just be a hindsight trader. Anyway, realized that doesn't much matter - my accountability is to myself, and my account

If there are specific questions or things I can clarify, let me know - no holy grails here, and have no issue sharing what I do. And will continue to post daily recaps as time permits.

Thanks
M

Visit my futures io Trade Journal Reply With Quote
The following 2 users say Thank You to Maelstrom for this post:


futures io Trading Community Trading Journals > Crude conversations


October 17, 2017


Upcoming Webinars and Events
 

Bookmap

Nov TBD
     



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