Trading fast markets - Trading Journals | futures io social day trading
futures io futures trading


Trading fast markets
Updated: Views / Replies:117,920 / 977
Created: by xelaar Attachments:517

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
 517  
 
Thread Tools Search this Thread
 

Trading fast markets

  #611 (permalink)
Elite Member
prague, czech republic
 
Futures Experience: Intermediate
Platform: NT7, MT4
Broker/Data: LMAX
Favorite Futures: DAX, Gold, Euro
 
xelaar's Avatar
 
Posts: 1,517 since Feb 2013
Thanks: 1,739 given, 2,592 received

GC trading

Gave it some effort today too, more less orderly, but not ready to start logging trades. Still net positive. Just few screenshots for the journal.

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).

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).

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

Trade to live. Not live to trade.
Reply With Quote
 
  #612 (permalink)
Elite Member
prague, czech republic
 
Futures Experience: Intermediate
Platform: NT7, MT4
Broker/Data: LMAX
Favorite Futures: DAX, Gold, Euro
 
xelaar's Avatar
 
Posts: 1,517 since Feb 2013
Thanks: 1,739 given, 2,592 received

GC trading

I did not trade DAX today, I did not like how it moved in the morning, plus I did not have a good sleep.

I was busy today with other stuff so only was able to trade gold a bit. But in the end net positive, after commissions would be about break even, but again I did not put much effort if any to it, putting these screenshots here only for my own future reference and another proof that system works even if I trade it sloppy!

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).

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).

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).

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

Trade to live. Not live to trade.
Reply With Quote
 
  #613 (permalink)
Trading Apprentice
Brampton Canada
 
Futures Experience: Intermediate
Platform: NinjaTrader
Favorite Futures: ES
 
Trendlinebreak's Avatar
 
Posts: 4 since Jul 2012
Thanks: 23 given, 1 received


Hello xelaar,

I'm just wondering why you seemed to have changed your style a bit.
You were using the 2min GC chart before with the jigsaw trading tool.

So, what changed? Did you find the jigsaw trading tool ineffective?

Thanks,
TLB

Reply With Quote
 
  #614 (permalink)
Elite Member
prague, czech republic
 
Futures Experience: Intermediate
Platform: NT7, MT4
Broker/Data: LMAX
Favorite Futures: DAX, Gold, Euro
 
xelaar's Avatar
 
Posts: 1,517 since Feb 2013
Thanks: 1,739 given, 2,592 received


Trendlinebreak View Post
Hello xelaar,

I'm just wondering why you seemed to have changed your style a bit.
You were using the 2min GC chart before with the jigsaw trading tool.

So, what changed? Did you find the jigsaw trading tool ineffective?

Thanks,
TLB

As I was saying even in my webinar video, the chart configuration is just off the convenience - I am not getting any signals based on bar closes on particular chart, etc

But just in case, the gray chart above is 2m GC chart and beige charts are 1 tick range charts. Exactly same as I was using before.

The entry type is different now, but I was always striving to improve my entry technique to increase possible winners and reduce/eliminate entry slippage.

As for Jigsaw tools, I was trading order flow without them before and I don't use them all the time nowadays too. It gives an extra bit of confirmation in some cases where I am not sure a trade should be taken or now, and in situation when my signal has not yet presented itself but the tide seems to be turning early and I might miss a good surf. Here I might rely on Jigsaw to confirm that. Thus said, they are definitely useful.

Trade to live. Not live to trade.
Reply With Quote
 
  #615 (permalink)
Trading Apprentice
Brampton Canada
 
Futures Experience: Intermediate
Platform: NinjaTrader
Favorite Futures: ES
 
Trendlinebreak's Avatar
 
Posts: 4 since Jul 2012
Thanks: 23 given, 1 received


xelaar View Post
As I was saying even in my webinar video, the chart configuration is just off the convenience - I am not getting any signals based on bar closes on particular chart, etc

But just in case, the gray chart above is 2m GC chart and beige charts are 1 tick range charts. Exactly same as I was using before.

The entry type is different now, but I was always striving to improve my entry technique to increase possible winners and reduce/eliminate entry slippage.

As for Jigsaw tools, I was trading order flow without them before and I don't use them all the time nowadays too. It gives an extra bit of confirmation in some cases where I am not sure a trade should be taken or now, and in situation when my signal has not yet presented itself but the tide seems to be turning early and I might miss a good surf. Here I might rely on Jigsaw to confirm that. Thus said, they are definitely useful.

Ok, thanks. I guess you changed from breakout to a pull back strategy.

Reply With Quote
 
  #616 (permalink)
Elite Member
prague, czech republic
 
Futures Experience: Intermediate
Platform: NT7, MT4
Broker/Data: LMAX
Favorite Futures: DAX, Gold, Euro
 
xelaar's Avatar
 
Posts: 1,517 since Feb 2013
Thanks: 1,739 given, 2,592 received


Trendlinebreak View Post
Ok, thanks. I guess you changed from breakout to a pull back strategy.

It was never really a pull back or breakout strategy. It was and still is an orderflow strategy. Matter of where to entry, what profit to project and what risk to take. My original entry type proved less efficient live than on demo, hence I started to look to improve the expectation.

Trade to live. Not live to trade.
Reply With Quote
 
  #617 (permalink)
Elite Member
prague, czech republic
 
Futures Experience: Intermediate
Platform: NT7, MT4
Broker/Data: LMAX
Favorite Futures: DAX, Gold, Euro
 
xelaar's Avatar
 
Posts: 1,517 since Feb 2013
Thanks: 1,739 given, 2,592 received

No trading today. Low volume, unconvincing price action, possibility of news spikes. Did some experiments though, getting closer to that new plan to be finished. Important not to be greedy with targets.

I think I will be aiming to keep testing and logging at least till the end of September to get more proficient and hopefully to get tape bomb volatility out of the way.

Trade to live. Not live to trade.
Reply With Quote
The following 2 users say Thank You to xelaar for this post:
 
  #618 (permalink)
Elite Member
prague, czech republic
 
Futures Experience: Intermediate
Platform: NT7, MT4
Broker/Data: LMAX
Favorite Futures: DAX, Gold, Euro
 
xelaar's Avatar
 
Posts: 1,517 since Feb 2013
Thanks: 1,739 given, 2,592 received

My current thoughs on DAX: this is a very different beast comparing to GC or CL. It behaves very different. It is prone to surges in trading, volatility and volume during short periods of time during the day, usually several times a day. Then it prints large candles with barely any pullback, it just grinds fast, giving no entry with any technical analysis approach. Other times it either sits in a narrow range and barely trades giving 1 car orders, or makes small blasts pushing stops out. I am coming to a conclusion DAX is not worth trading same way as I trade gold, rather one must only participate in these fast pushes and benefit from them. Similar pushes occur in GC too, but boy they are ridiculously fast and volatile, slippage is tremendous so my approach is to avoid them if I can't get into position on pullback prior to this event. These events happen usually at key levels, so there is some structure. On dax though, I am working on entering pretty much into these grinding moves on very small pullback DAX is doing (4-7 ticks usually). Until momentum is there a nice ride can offset several smallish losers. Also it is easy to know when you are wrong - it is when price directional movement stops. So small stop works, and also time based stop can be used - if trade is not in profit in let say 30 seconds, better dump it.

I am leaving tomorrow for a week, plan to start recorded trading with monitoring performance metrics once I am back!

Trade to live. Not live to trade.
Reply With Quote
The following 2 users say Thank You to xelaar for this post:
 
  #619 (permalink)
Market Wizard
Houston, Texas
 
Futures Experience: Advanced
Platform: NinjaTrader; BloodHound
Broker/Data: NinjaTrader Brokerage, Kinetick, Rithmic
Favorite Futures: ES, CL, 6E, UB, 6J, 6B, ZS
 
Posts: 921 since Oct 2012
Thanks: 672 given, 877 received


xelaar View Post
I am leaving tomorrow for a week, plan to start recorded trading with monitoring performance metrics once I am back!

Enjoy your time off! I am testing a new momentum system that I am hopeful about from preliminary back testing. Perhaps I will have something to talk about when you return.

JLW

Reply With Quote
The following user says Thank You to jlwade123 for this post:
 
  #620 (permalink)
Elite Member
prague, czech republic
 
Futures Experience: Intermediate
Platform: NT7, MT4
Broker/Data: LMAX
Favorite Futures: DAX, Gold, Euro
 
xelaar's Avatar
 
Posts: 1,517 since Feb 2013
Thanks: 1,739 given, 2,592 received

GC trading


Good moves, even though I had to sit out Draghi conference (played Super Mario instead lol).

Trade locations and directions from higher time frame intra day chart, trade entry and timing from range bar chart. Dropped faster EMAs, left only 200 and 1000 (for positioning). As I forfeited fast trades I have now time to draw trendlines and I believe it helps.

Todays trades and potential trades.

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).

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).

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).

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).

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).


I am trialing S5 so here is a screenshot from their analytic tool. Decent one, even though nothing special, I can export trade log in csv file and import into my spreadsheet and generate even more stats. But for traders who have no better it is a good option.

Trade to live. Not live to trade.
Reply With Quote
The following user says Thank You to xelaar for this post:

Reply



futures io > > > Trading fast markets

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
Markets with the Most Automated Trading!!! RJay Traders Hideout 6 April 2nd, 2011 12:02 PM
Trading correlated markets josh Traders Hideout 10 March 28th, 2011 11:59 PM
Any idea for fast frequency trading ? MyTraderAdvisor Elite Automated Trading 53 August 3rd, 2010 06:11 AM
Fast Brokers papa15 Reviews of Brokers and Data Feeds 7 July 20th, 2010 03:41 PM


All times are GMT -4. The time now is 01:57 PM.

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 2017-12-15 in 0.14 seconds with 20 queries on phoenix via your IP 54.82.56.95