DTs Pre Market Prep - futures io
futures io futures trading



DTs Pre Market Prep


Discussion in Trading Journals

Updated by Jigsaw Trading
      Top Posters
    1. looks_one Jigsaw Trading with 1,135 posts (6,417 thanks)
    2. looks_two WilleeMac with 13 posts (9 thanks)
    3. looks_3 xplorer with 13 posts (13 thanks)
    4. looks_4 trendisyourfriend with 12 posts (10 thanks)
      Best Posters
    1. looks_one Jigsaw Trading with 5.7 thanks per post
    2. looks_two Big Mike with 2.6 thanks per post
    3. looks_3 DavidHP with 1.4 thanks per post
    4. looks_4 xplorer with 1.0 thanks per post
    1. trending_up 244,969 views
    2. thumb_up 6,587 thanks given
    3. group 287 followers
    1. forum 1,333 replies
    2. attach_file 1,518 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)

 
Thread Tools Search this Thread
 

DTs Pre Market Prep

  #1111 (permalink)
Legendary  Vendor: www.jigsawtrading.com 
Bangkok
 
Experience: Intermediate
Platform: MultiCharts.NET, S5, Ninj
Broker: AMP, S5, IB
Trading: ES
 
Jigsaw Trading's Avatar
 
Posts: 2,971 since Nov 2010
Thanks: 821 given, 10,244 received

1st November

Happy FOMC day....



Not much movement yesterday but then it is FOMC today. Not that any real changes are expected but I guess the market needs to rest ahead of it and then have it's little fling when the announcement comes...



Not much to see in the profile yet - expected when waiting for the FOMC



Plan
- Look for opening trade as it could be choppy after
- Low expectation day going into FOMC - volatility afterwards.
- will watch the first 30 mins - if no activity, no trading

Weekly Numbers
Range - 2565.50 -> 2578.25
Value - 2570.50 -> 2576.50
S1 - 2553.25, R1 - 2592.50

Daily Numbers
Range - 2565.75 / 2569 -> 2575.50
Value - 2572.25 -> 2574.75
Globex - 2571 -> 2581.50

Settlement – 2583.50

Today only 2568, 2571

Long Term Levels - 2292.50, 2318.50, 2400.50, 2413.75, 2479.25, 2507.50, 2550.75

If you have any questions about the products or services provided, please send me a Private Message or use the futures.io "Ask Me Anything" thread
Visit my futures io Trade Journal Reply With Quote
The following 9 users say Thank You to Jigsaw Trading for this post:

Can you help answer these questions
from other members on futures io?
Convert NinjaTrader NT7 indicator to Tradestation EasyLanguage and RADARSCREEN
Platforms and Indicators
Issue meeting order entry conditions
Elite Automated NinjaTrader Trading
Last 5 minutes Label
ThinkOrSwim
Moving average with Lag reduction
NinjaTrader
Linux?
ThinkOrSwim
 
Best Threads (Most Thanked)
in the last 7 days on futures io
Spoo-nalysis ES e-mini futures S&P 500
130 thanks
What is your single biggest weakness?
93 thanks
Is Volume Profile worth learning or is it an outdated concept?
58 thanks
Is Amp at risk of going under?
41 thanks
Is Orderflow An Outdated Concept?
30 thanks
 
  #1112 (permalink)
Legendary  Vendor: www.jigsawtrading.com 
Bangkok
 
Experience: Intermediate
Platform: MultiCharts.NET, S5, Ninj
Broker: AMP, S5, IB
Trading: ES
 
Jigsaw Trading's Avatar
 
Posts: 2,971 since Nov 2010
Thanks: 821 given, 10,244 received

2nd November



We had a nice push to new highs and nnow back into range. Still looking for signs of weakness to take us back to 2540.



We've had a push down overnight but got most of it back. Looking to hold yesterdays low/value low on any move up. Above that my bearish argument breaks down a little.

Plan
- early trade on
- look for signs of weakness for continuation to the botton of the range
- look for longs if we trade above 75

Platform crashed! Can't get the levels today...

Settlement – 2574.75

Long Term Levels - 2292.50, 2318.50, 2400.50, 2413.75, 2479.25, 2507.50, 2550.75

If you have any questions about the products or services provided, please send me a Private Message or use the futures.io "Ask Me Anything" thread
Visit my futures io Trade Journal Reply With Quote
The following 7 users say Thank You to Jigsaw Trading for this post:
 
  #1113 (permalink)
Legendary  Vendor: www.jigsawtrading.com 
Bangkok
 
Experience: Intermediate
Platform: MultiCharts.NET, S5, Ninj
Broker: AMP, S5, IB
Trading: ES
 
Jigsaw Trading's Avatar
 
Posts: 2,971 since Nov 2010
Thanks: 821 given, 10,244 received


3rd November



Well - we've had plenty of attempts to push down off the top of our presumed range. We had a good push down yesterday and great momentum but buyers quickly jumped in. So an open mind today



A very evenly distributed profile so far this week. We are now at the top of that around 78.50 - definitely bullish above that, expecting churn down to 66 if we can't break 78.50.



Great push down through the overnight low and then a spring back up. No movement overnight though.

Plan
- open minded
- longs above 78.50
- shorts below until we get to 66, then watching to see if the bottom of the profile holds
- follow the volatility basically - but open minded 'cause it has been fast-slow-fast-slow etc. of late

Weekly Numbers
Range - 2562.25 -> 2585.50
Value - 2568.25 -> 2577.25
S1 - 2553.25, R1 - 2592.50

Daily Numbers
Range - 2562.25 -> 2578.25
Value - 2569 -> 2575
Globex - 2576 -> 2579.25

Settlement – 25878.25

Long Term Levels - 2292.50, 2318.50, 2400.50, 2413.75, 2479.25, 2507.50, 2550.75

If you have any questions about the products or services provided, please send me a Private Message or use the futures.io "Ask Me Anything" thread
Visit my futures io Trade Journal Reply With Quote
The following 9 users say Thank You to Jigsaw Trading for this post:
 
  #1114 (permalink)
Cape Town/South Africa
 
Experience: None
 
Posts: 39 since Jul 2014
Thanks: 198 given, 44 received

So much for the “quiet” (FOMC) day yesterday! Nice move to the downside from the open! If I am correct, I counted “12” handles to the down side before the bounce back up to finish back near where we opened. Regarding today, I agree thigs are still looking very bullish!

Reply With Quote
The following user says Thank You to ShaunG for this post:
 
  #1115 (permalink)
Legendary  Vendor: www.jigsawtrading.com 
Bangkok
 
Experience: Intermediate
Platform: MultiCharts.NET, S5, Ninj
Broker: AMP, S5, IB
Trading: ES
 
Jigsaw Trading's Avatar
 
Posts: 2,971 since Nov 2010
Thanks: 821 given, 10,244 received

6th November



Watching to see if this is just range extension or the market wanting to move up. Can't tell either way, so no assumptions going into today.



Last weeks profile doesn't help that much - we do have one main distribution, so let's put the low of it 67.75 on the radar. We already ignored the high of it overnight.



So far overnight we've managed to just retract Fridays day session. So watch the overnight/Friday extremes into today

Plan
- No bias going into today
- Eyes out for an open trade in case it slows down through indecision
- Looking to jump on any volume moves, especially downside as I think we'll have some good volume if a down move becomes apparent.
- Not that hopeful of many people joining a pop up

Weekly Numbers
Range - 2562.25 -> 2585.50
Value - 2569.25 -> 2578.75

Daily Numbers
Range - 2573.50 -> 2585.50
Value - 2577 -> 2585.50
Globex - 2575.50 -> 2584.75

Settlement – 2582.75

Long Term Levels - 2292.50, 2318.50, 2400.50, 2413.75, 2479.25, 2507.50, 2550.75

If you have any questions about the products or services provided, please send me a Private Message or use the futures.io "Ask Me Anything" thread
Visit my futures io Trade Journal Reply With Quote
The following 11 users say Thank You to Jigsaw Trading for this post:
 
  #1116 (permalink)
Legendary  Vendor: www.jigsawtrading.com 
Bangkok
 
Experience: Intermediate
Platform: MultiCharts.NET, S5, Ninj
Broker: AMP, S5, IB
Trading: ES
 
Jigsaw Trading's Avatar
 
Posts: 2,971 since Nov 2010
Thanks: 821 given, 10,244 received

7th November



Market did move up on low volume. As expected yesterday, we didn't expect much excitement to the upside. If we do continue up though - we may have people feeling they are missing out - so watch for any upside volume today.



Nothing of note on the weekly profiles at the moment.



We've continued up a little overnight - but only about a 6 point range. Yesterdays value low we hit 3 times (2585.25) - so eyes on that today.

Plan
- early trade on (may chop later)
- watch the usual levels for regular speculator behavior
- expect chop to the upside until it 'clicks' that traders might be missing out - cautiously join when they do
- downside runs still more likely to show excess than upside, so scale into any volume downside moves

Weekly Numbers
Range - 2562.25 -> 2585.50
Value - 2569.25 -> 2578.75

Daily Numbers
Range - 2575.50 / 2582.25 -> 2590
Value - 2585.25 -> 2588.75
Globex - 2587.50 -> 2593.50

Settlement – 2590.75

Today only - 2595.50

Long Term Levels - 2292.50, 2318.50, 2400.50, 2413.75, 2479.25, 2507.50, 2550.75

If you have any questions about the products or services provided, please send me a Private Message or use the futures.io "Ask Me Anything" thread
Visit my futures io Trade Journal Reply With Quote
The following 13 users say Thank You to Jigsaw Trading for this post:
 
  #1117 (permalink)
Legendary  Vendor: www.jigsawtrading.com 
Bangkok
 
Experience: Intermediate
Platform: MultiCharts.NET, S5, Ninj
Broker: AMP, S5, IB
Trading: ES
 
Jigsaw Trading's Avatar
 
Posts: 2,971 since Nov 2010
Thanks: 821 given, 10,244 received

8th November



New all time high and then we dropped off again. Mixed signals with no clear direction. As per yesterday the downside seems to be a lot more interesting to traders


Quoting 
downside runs still more likely to show excess than upside, so scale into any volume downside moves



A very typical range indicating profile - be wary short below 2580 as there's a possible fade trade on there.



Also an eye on 87.50 the late pullback. Note that yesterday we bounced at - overnight high vol area, overnight high, prior day VAH, prior day VAL. So market is definitely doing the dance....

Plan

- No real bias
- early trade on (may chop later)
- watch the usual levels for regular speculator behavior
- wary at 87.50 and 80.00 - no trades between 87.50 and 80.00
- downside runs still more likely to show excess than upside, so scale into any volume downside moves

Weekly Numbers
Range - 2575.50 -> 2593.50
Value - 2580.50 -> 2589.50

Daily Numbers
Range - 2580.75 -> 2593.50
Value - 2582.50 -> 2588.75
Globex - 2579.85 -> 2587.50

Settlement – 2586.75

Today only - 2587.50

Long Term Levels - 2292.50, 2318.50, 2400.50, 2413.75, 2479.25, 2507.50, 2550.75

If you have any questions about the products or services provided, please send me a Private Message or use the futures.io "Ask Me Anything" thread
Visit my futures io Trade Journal Reply With Quote
The following 8 users say Thank You to Jigsaw Trading for this post:
 
  #1118 (permalink)
Legendary  Vendor: www.jigsawtrading.com 
Bangkok
 
Experience: Intermediate
Platform: MultiCharts.NET, S5, Ninj
Broker: AMP, S5, IB
Trading: ES
 
Jigsaw Trading's Avatar
 
Posts: 2,971 since Nov 2010
Thanks: 821 given, 10,244 received

9th November



Market still edging up - without much excitement. Downside moves still showing more exitement.



As per yesterday - a very "D" shaped profile - which indicated rangebound behavior. Yesterday we poked through the low of the major distribution (2580 as per yesterdays prep) and from there moved the top of it overnight - so all other things equal - looking to test 2580 area again before rolling back up.



Looking back at the past 3 sessions, it's going to be harder to engage between 80 and 90 as we've been over it so many times.

Plan
- Look for a trade off the open
- After 15 mins, no trades between 80 and 90. Look for fades/breaks at those prices.
- No, really... nothing between 80 and 90 ;-)

Weekly Numbers
Range - 2575.50 -> 2594.50
Value - 2582 -> 2591

Daily Numbers
Range - 2579.75 / 2581.50 -> 2592.50
Value - 2582.50 -> 2590
Globex - 2584.50 -> 2594.50

Settlement – 2591

Long Term Levels - 2292.50, 2318.50, 2400.50, 2413.75, 2479.25, 2507.50, 2550.75

If you have any questions about the products or services provided, please send me a Private Message or use the futures.io "Ask Me Anything" thread

Last edited by Jigsaw Trading; November 9th, 2017 at 03:44 AM.
Visit my futures io Trade Journal Reply With Quote
The following 10 users say Thank You to Jigsaw Trading for this post:
 
  #1119 (permalink)
Legendary  Vendor: www.jigsawtrading.com 
Bangkok
 
Experience: Intermediate
Platform: MultiCharts.NET, S5, Ninj
Broker: AMP, S5, IB
Trading: ES
 
Jigsaw Trading's Avatar
 
Posts: 2,971 since Nov 2010
Thanks: 821 given, 10,244 received

Veterans day - no trading today!

If you have any questions about the products or services provided, please send me a Private Message or use the futures.io "Ask Me Anything" thread
Visit my futures io Trade Journal Reply With Quote
The following 2 users say Thank You to Jigsaw Trading for this post:
 
  #1120 (permalink)
Legendary  Vendor: www.jigsawtrading.com 
Bangkok
 
Experience: Intermediate
Platform: MultiCharts.NET, S5, Ninj
Broker: AMP, S5, IB
Trading: ES
 
Jigsaw Trading's Avatar
 
Posts: 2,971 since Nov 2010
Thanks: 821 given, 10,244 received


13th November



Not a very clean move here. Plenty of room for lots of differences of opiinion. So looking for signs of clarity.



Beautiful D shaped profile last week. Nice to look at, usually ugly to trade. Looking to take trades outside the bulk of tha - say 75-92.



Very small range on Friday which was a bank holiday. Really market was all over the place last week.


Plan
- Look for a trade off the open
- After 15 mins, no trades between 75 and 92. Look for fades/breaks at those prices.
- Also - eyes on any breakdowns as downside is where all the momentum has been
- likely a wait & see day as it's quite unclear.

Weekly Numbers
Range - 2563.25 -> 2594.50
Value - 2578.25-> 2591

Daily Numbers
Range - 2571.50 / 2573 -> 2581.75 / 2585.75
Value - 2574.75 -> 2579.25
Globex - 2576.50 -> 2584.50

Settlement – 2578

Long Term Levels - 2292.50, 2318.50, 2400.50, 2413.75, 2479.25, 2507.50, 2550.75

If you have any questions about the products or services provided, please send me a Private Message or use the futures.io "Ask Me Anything" thread
Visit my futures io Trade Journal Reply With Quote
The following 9 users say Thank You to Jigsaw Trading for this post:



futures io Trading Community Trading Journals > DTs Pre Market Prep




Upcoming Webinars and Events
 

Understanding Order Flow Stop Runs & Icebergs w/Bookmap

May 28
 

Free BloodHound Licenses to everyone!

June
     



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