$Tick Trading Journal - Trading Journals | futures io social day trading
futures io futures trading


$Tick Trading Journal
Updated: Views / Replies:3,372 / 50
Created: by Xelaneb Attachments:35

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 – 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 don’t 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
 35  
 
Thread Tools Search this Thread
 

$Tick Trading Journal

  #1 (permalink)
Elite Member
Shreveport, LA
 
Futures Experience: None
Platform: Sierra
Favorite Futures: ES
 
Xelaneb's Avatar
 
Posts: 195 since Mar 2012
Thanks: 297 given, 294 received

$Tick Trading Journal

I will begin my journal here. Instead of spewing random thoughts concerning setups and such in the Spoonalysis thread, I would be much better served by keeping them concentrated for myself, and those that may be interested, in a separate thread. Thanks @Big Mike for making this forum available for such.

My primary focus is the /es. My trades are triggered using the nyse $tick, as this is the closest thing I have found to a real time (leading?) indicator that I am aware of.

Before I get into my method of madness, let me say that there are several people that have been trading mentors to me, yet they have no idea. I have been fortunate to be able to learn from some unbelievable traders and none charged a dime. Some found here on futures.io (formerly BMT), some elsewhere. Lucky for me, most were shortlived. Because when they would post, I couldn’t concentrate on what I should have been concentrating on which is “my trading.” Instead, I would be too consumed with wondering what they might post next so I could follow. It was only when they went silent, that I could find the confidence to place “my” trades.

My trading begins with trying to determine the context of the market. Are we trending, or are we within a bracket? My trade locations are based on predetermined areas of interest. These areas are found by analyzing the market in several time frames. I rely on Market Profile to locate such areas. I prefer to take my trades at “extremes”, or outside of value. I use profile value areas, and vwap 2nd sd bands. I watch for these areas to form a confluence area with other key levels such as pivots, retracement areas, etc. Everything in my trading is discretionary so I am wrong often. Before I enter a trade, I always know where I will be proven wrong. An example would be fading a retracement at 50% and placing my stop a tick or two beyond the 61.8% level. ( Sounds good, but will I get out? That is one purpose of this journal I suppose.)

As for the $tick, I could not trade without it. It is my primary tool for triggers. I use a 5 min & 1 min tick chart. I look for divergence with moving average. I use trendlines & channels, identify support & resistance, all on my tick chart instead of the price chart. Often a channel break, etc. will occur before the price will. I also pay attention to new tick hi’s, low’s of the day & especially extreme ticks. Typically readings over 1000, under -1000. I am also beginning to incorporate the vol ladder into my trading.

Below is a screenshot

I hope to receive feedback about this journal, thanks in advance

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

Reply With Quote
The following 7 users say Thank You to Xelaneb for this post:
 
  #2 (permalink)
Quick Summary
Quick Summary Post

Quick Summary is created and edited by users like you... Add FAQ's, Links and other Relevant Information by clicking the edit button in the lower right hand corner of this message.

 
  #3 (permalink)
Elite Member
Shreveport, LA
 
Futures Experience: None
Platform: Sierra
Favorite Futures: ES
 
Xelaneb's Avatar
 
Posts: 195 since Mar 2012
Thanks: 297 given, 294 received


QE freight train, this chart makes me ignore all of the short term divergences on my screen at the moment. The only way I would consider a reversal trade here would be for the market to stop one time framing, short try outside value currently at 82, stop just above DR3 at 84.

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).

Reply With Quote
 
  #4 (permalink)
Elite Member
Shreveport, LA
 
Futures Experience: None
Platform: Sierra
Favorite Futures: ES
 
Xelaneb's Avatar
 
Posts: 195 since Mar 2012
Thanks: 297 given, 294 received

pivot confluence here

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

Reply With Quote
 
  #5 (permalink)
Elite Member
London England
 
Futures Experience: Beginner
Platform: Metatrader
Favorite Futures: Spot $
 
Posts: 90 since Apr 2012
Thanks: 1,073 given, 135 received

Looking forward to this journal sounds interesting. I want to learn more on how people use $Tick, there is a good thread on here actually I'm sure you might have read it already.

Reply With Quote
The following user says Thank You to cmmichaels for this post:
 
  #6 (permalink)
Elite Member
Shreveport, LA
 
Futures Experience: None
Platform: Sierra
Favorite Futures: ES
 
Xelaneb's Avatar
 
Posts: 195 since Mar 2012
Thanks: 297 given, 294 received

Yes, I would recommend you check out Dr Steenbarger's Traderfeed blog as well if you haven't already. A wealth of info about nyse $tick found there. I read back through it regularly.

Reply With Quote
The following user says Thank You to Xelaneb for this post:
 
  #7 (permalink)
Elite Member
Shreveport, LA
 
Futures Experience: None
Platform: Sierra
Favorite Futures: ES
 
Xelaneb's Avatar
 
Posts: 195 since Mar 2012
Thanks: 297 given, 294 received

Bull in full beast mode. ma solidly above zero line. few dips below the last 4 days. would at least wait for moving avg to break trendline before thinking of countertrend trades.

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

Reply With Quote
 
  #8 (permalink)
Elite Member
Shreveport, LA
 
Futures Experience: None
Platform: Sierra
Favorite Futures: ES
 
Xelaneb's Avatar
 
Posts: 195 since Mar 2012
Thanks: 297 given, 294 received

maybe the reason for today's breakout

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

Reply With Quote
 
  #9 (permalink)
Site Administrator
Manta, Ecuador
 
Futures Experience: Advanced
Platform: My own custom solution
Favorite Futures: E-mini ES S&P 500
 
Big Mike's Avatar
 
Posts: 46,240 since Jun 2009
Thanks: 29,352 given, 83,231 received


Xelaneb View Post
maybe the reason for today's breakout

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

Please include a source link when quoting other material, such as Bespoke.

The problem with Bespoke is they've never published (to my knowledge) a graph that shows how accurate their own polls are, for example overlaying their poll sentiment with actual market performance.

Mike

Due to time constraints, please do not PM me if your question can be resolved or answered on the forum.

Need help?
1) Stop changing things. No new indicators, charts, or methods. Be consistent with what is in front of you first.
2) Start a journal and post to it daily with the trades you made to show your strengths and weaknesses.
3) Set goals for yourself to reach daily. Make them about how you trade, not how much money you make.
4) Accept responsibility for your actions. Stop looking elsewhere to explain away poor performance.
5) Where to start as a trader? Watch this webinar and read this thread for hundreds of questions and answers.
6)
Help using the forum? Watch this video to learn general tips on using the site.

If you want
to support our community, become an Elite Member.

Reply With Quote
 
  #10 (permalink)
Elite Member
Shreveport, LA
 
Futures Experience: None
Platform: Sierra
Favorite Futures: ES
 
Xelaneb's Avatar
 
Posts: 195 since Mar 2012
Thanks: 297 given, 294 received


will do MIke, my apologies

Reply With Quote

Reply



futures io > > > $Tick Trading Journal

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
Trading Trendlines Across Markets: Futures Trading Journal sahbmt Elite Trading Journals 135 June 26th, 2013 03:59 PM
trading 4 tick with 12 tick momentum and point O ES to show long and short term trend mannya Elite Trading Journals 2 June 7th, 2012 04:31 PM
My new trading journal - Trading Price with Volume philhm Elite Trading Journals 28 October 18th, 2011 09:46 AM
Tick Charts For Swing Trading? srgtroy Traders Hideout 5 July 8th, 2011 02:10 PM
AR01 Price Area Journal (Not a trading journal) AR01 Emini Index Futures Trading 69 April 2nd, 2010 09:01 PM


All times are GMT -4. The time now is 09:39 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 2017-12-14 in 0.17 seconds with 20 queries on phoenix via your IP 54.82.56.95