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 251,869 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)

 
Search this Thread
 

DTs Pre Market Prep

(login for full post details)
  #1241 (permalink)
Site Sponsor

Web: Jigsaw Trading
AMA: Ask Me Anything
Webinars: Jigsaw Trading Webinars
Elite offer: Click here
 
 
Jigsaw Trading's Avatar
 
Posts: 2,977 since Nov 2010
Thanks: 823 given, 10,294 received

14th June



A bit of a move down off the FOMC, volume normal. Not sure we should read too much into this - still expecting a test of 2810, but this could be the top.



Profile is indicating a range , so looking for longs pretty much from where we are now.



The usual wild swings off FOMC.

So plan for today is to see if we get any volatility now FOMC is out of the way and if the market can carry on up to the top of the range.

Plan
- Early trade is on as it might be dull later on
- Eyes on the day trader levels (below) and 2810
- A day for letting the developing action dictate more than the current prices

Weekly Numbers
Range - 2772.25 -> 2796
Value - 2782.75 -> 2794.25

Daily Numbers
Range - 2778.75 -> 2796
Value - 2786.50 -> 2795.50
Globex - 2772.25 -> 2783.50

Settlement 2779

Long Term Levels - 2556.50, 2590, 2687.75, 2810, 2887

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:

Can you help answer these questions
from other members on futures io?
Range bar differences in Tradestation vs. TOS
TradeStation
Do You Have A PlayBooks/What Form Does It Take?
Traders Hideout
FX Futures have been nagging me for a while
Currencies
QDEL
Stocks and ETFs
In a year or so of your trading journey, where were you?
Traders Hideout
 
Best Threads (Most Thanked)
in the last 7 days on futures io
Finally Turning the Corner, tha "its 80% Psychology" thing...
38 thanks
Voter Sentiment in upcoming US election and effect on market after election results
25 thanks
Lost & losing hope
24 thanks
Coronavirus COVID-19
12 thanks
The Journey
10 thanks
 
(login for full post details)
  #1242 (permalink)
Site Sponsor

Web: Jigsaw Trading
AMA: Ask Me Anything
Webinars: Jigsaw Trading Webinars
Elite offer: Click here
 
 
Jigsaw Trading's Avatar
 
Posts: 2,977 since Nov 2010
Thanks: 823 given, 10,294 received

15th June

Friday feeling!



This week has been a bit of a wash. No movement and it's Friday, so not much expected...



One big, fat distribution - close to the lows now but certainly fade-able at either extreme. We just could be in the middle again come the daytime.



A spike down overnight but still in range - so it's a non-move.

Plan
- early trade on
- watch out for a break of the weeks range - it's unlikely but possible
- play from one end of the range to the other, which right now (3:30am EST) - means long. Obviously that will change if we run the range over night.
- will be considering doing something else by 11am EST if nothings happened

Weekly Numbers
Range - 2772.25 -> 2796
Value - 2783 -> 2794

Daily Numbers

Range - 2772.25 / 2781 -> 2794
Value - 2785 -> 2790
Globex - 2773.50 -> 2789.25

Settlement 2777.75

Long Term Levels - 2556.50, 2590, 2687.75, 2810, 2887

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:
 
(login for full post details)
  #1243 (permalink)
Site Sponsor

Web: Jigsaw Trading
AMA: Ask Me Anything
Webinars: Jigsaw Trading Webinars
Elite offer: Click here
 
 
Jigsaw Trading's Avatar
 
Posts: 2,977 since Nov 2010
Thanks: 823 given, 10,294 received


18th June



More sideways action - hard to say if we are going to extend the range we just broke out of - if we can push down to the top of that range - around 2745, we should have a better idea of what's going on by how it reacts there.



A push down overnight but within last weeks range, so not really significant. Expecting chop to the upside if we don't test 2745 first.



Overnight we've traversed Fridays range, so watching the extremes as we open.

Plan
- Early trade on as we may chop later on
- Looking for a test of 2745 long term.
- watching day trader levels and will expect a little acceleration on a break down
- expecting moves up to be choppy as it's back into last weeks range, will focus on NQ if we move up.

Weekly Numbers
Range - 2765.50 -> 2796
Value - 2780.50 -> 2794

Daily Numbers
Range - 2765.50 -> 2787.50 / 2789.25
Value - 2770.50 -> 2781
Globex - 2768 -> 2786.75

Settlement 2784.50

Today only - 2745

Long Term Levels - 2556.50, 2590, 2687.75, 2810, 2887

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 6 users say Thank You to Jigsaw Trading for this post:
 
(login for full post details)
  #1244 (permalink)
Site Sponsor

Web: Jigsaw Trading
AMA: Ask Me Anything
Webinars: Jigsaw Trading Webinars
Elite offer: Click here
 
 
Jigsaw Trading's Avatar
 
Posts: 2,977 since Nov 2010
Thanks: 823 given, 10,294 received

19th June



Trade war is in the news and we've now tested the high of the old range.



Not much to see here other than the move down.



Big drop. Basically a news driven move that's taken us to a technical level. Pretty much anything can happen today.

Off the open we may well see an initial "rebalance" up - as the stocks and futures line themselves up. Be wary if you jump on that move as it may be short lived.

So today - I think it's just a matter of jumping on any move, scaling in to stay on the safe side.

Plan
- No early trade, good chance of volatility
- Try to scale into any volatile moves - don't worry too much about technical levels

Weekly Numbers
Range - 2765.50 -> 2796
Value - 2780.50 -> 2794

Daily Numbers
Range - 2761.25 -> 2779 / 2786.75
Value - 2771.25 -> 2778.25
Globex - 2735.75-> 2780.25

Settlement 2779.75

Today only - 2745

Long Term Levels - 2556.50, 2590, 2687.75, 2810, 2887

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:
 
(login for full post details)
  #1245 (permalink)
Site Sponsor

Web: Jigsaw Trading
AMA: Ask Me Anything
Webinars: Jigsaw Trading Webinars
Elite offer: Click here
 
 
Jigsaw Trading's Avatar
 
Posts: 2,977 since Nov 2010
Thanks: 823 given, 10,294 received

20th June



We shrugged off the 'trade war' drop - so we've now tested the high of the old range - so TECHNICALLY - we should move up from here.

Yesterday was a tough trade though. In hindsight it looks fine - but it was tough on the right edge.

Still, I feel any repositioning is probably done now and am hoping for a day trader day again today. Trouble is that might mean low June volatility.



Profile doesn't tell us much this week.



Today I'd keep an eye on the day trader levels. Of course an ear on the news as there could be more trade war stuff looming.

Plan
- Early trade is on
- Bias long
- watching the day trader levels for a reaction, especially yesterdays high
- Happy to trade either way if volume comes in off a bounce

Weekly Numbers
Range - 2735.75-> 2786.75
Value - 2755.50 -> 2778.75

Daily Numbers
Range - 2737.75/ 2746.25 -> 2769 / 2780.25
Value - 2755-> 2766.50
Globex - 2757.25 -> 2776.25

Settlement 2766.25

Today only - 2745

Long Term Levels - 2556.50, 2590, 2687.75, 2810, 2887

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 10 users say Thank You to Jigsaw Trading for this post:
 
(login for full post details)
  #1246 (permalink)
Wilmington ,NC ,United States
 
Experience: Master
Platform: ninja
Trading: futures
 
IBLAB's Avatar
 
Posts: 29 since May 2014
Thanks: 134 given, 11 received


DionysusToast View Post
Hi All

I decided to move my pre-market prep over here.

I tend to push this out on a forum, the Topstep indices room and a Skype group I'm a member of.

I'd prefer this thread to be a place for anyone to post pre-market prep for any market.

Not much to say other than you'll pick it up as you go along..

DT

Great work Bro !!

Reply With Quote
 
(login for full post details)
  #1247 (permalink)
Site Sponsor

Web: Jigsaw Trading
AMA: Ask Me Anything
Webinars: Jigsaw Trading Webinars
Elite offer: Click here
 
 
Jigsaw Trading's Avatar
 
Posts: 2,977 since Nov 2010
Thanks: 823 given, 10,294 received

21st



Still no real movement - I'm still looking for completion of the range upwards but it's quite directionless at the moment.

News risk is still there.



We seem to be getting pulled back to the value area - so eyes on weekly value today.



Pretty lousy day yesterday, we settled down very quickly after that news drop earlier this week.

Plan
- Low expectation
- If market ranges, revert to scalping more volatile indices
- Otherwise eyes on day trader levels, 2045 and 2810

Weekly Numbers
Range - 2735.75-> 2786.75
Value - 2761.50 -> 2783.50

Daily Numbers
Range - 2757.25 / 2767 -> 2769 / 2778.25
Value - 2770.25 -> 2778.25
Globex - 2762 -> 2785

Settlement 2772

Today only - 2745, 2810

Long Term Levels - 2556.50, 2590, 2687.75, 2810, 2887

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 12 users say Thank You to Jigsaw Trading for this post:
 
(login for full post details)
  #1248 (permalink)
Site Sponsor

Web: Jigsaw Trading
AMA: Ask Me Anything
Webinars: Jigsaw Trading Webinars
Elite offer: Click here
 
 
Jigsaw Trading's Avatar
 
Posts: 2,977 since Nov 2010
Thanks: 823 given, 10,294 received

25th June



Back to the old range high - so once again - looking to see if buyers jump in at these levels. Volume is still quite low, not much interest in the markets right now. Just the blips on the news.



Very even distribution last week - so eyes on the value area and expect chop once we get into it.



We can see not much action on Friday and overnight we've moved down then moved sideways 42-50.

Plan
- Early trade on as it might be a narrow day
- Look for a lift off the open as we have pushed down overnight
- Will play breaks in either direction if we see a move from a developing level
- If it chops - revert to short term NQ bounce trades

Weekly Numbers

Range - 2735.75-> 2786.75
Value - 2756.25 -> 2776.50

Daily Numbers
Range - 2749.25 / 2756.25 -> 2768.50
Value - 2761 -> 2766.50
Globex - 2741.25 -> 2758

Settlement – 2759.50

Today only - 2745

Long Term Levels - 2556.50, 2590, 2687.75, 2810, 2887

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 6 users say Thank You to Jigsaw Trading for this post:
 
(login for full post details)
  #1249 (permalink)
Site Sponsor

Web: Jigsaw Trading
AMA: Ask Me Anything
Webinars: Jigsaw Trading Webinars
Elite offer: Click here
 
 
Jigsaw Trading's Avatar
 
Posts: 2,977 since Nov 2010
Thanks: 823 given, 10,294 received

26th

I think the comment "blips from the news" from yesterdays prep... is a good candidate for understatement of the week....




We reached the low of the old range - 2698.25 before bouncing back up. Interesting but doesn't help us much today.



Profile doesn't usually help with an elongated move. So lets come back to this later in the week.



As we go into today, we have to consider what's been happening after these "trade war" price moves. The last one we had was a big move down but the next day - totally sideways, low volume and not much opportunity.

Plan
- Observe, observe, observer - try to figure out the volatility profile of the day first and foremost
- Scale in if it looks like the market is running again - I do prefer upside but I'm going in with no bias
- If there is no interest - look to scalp NQ ranges

Weekly Numbers
Range - 2735.75-> 2786.75
Value - 2756.25 -> 2776.50

Daily Numbers
Range - 2700.50 / 2746.50 -> 2758
Value - n/a today - yesterday too elongated for this to be meaningful
Globex - 2716.75 -> 2728.40

Settlement – 2722.25

Today only - 2745,2698.75

Long Term Levels - 2556.50, 2590, 2687.75, 2810, 2887

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 10 users say Thank You to Jigsaw Trading for this post:
 
(login for full post details)
  #1250 (permalink)
Site Sponsor

Web: Jigsaw Trading
AMA: Ask Me Anything
Webinars: Jigsaw Trading Webinars
Elite offer: Click here
 
 
Jigsaw Trading's Avatar
 
Posts: 2,977 since Nov 2010
Thanks: 823 given, 10,294 received


27th June



No real movement yesterday, just back in the old range.



Eyes on 35 - as we may rotate around this lower distribution.



Overnight traders having all the fun again. A fairly tight day yesterday. We held yesterdays Value high, so watching the day trader lebvels.

Plan
- no bias
- look for an early trade as it might be slow.
- watch the day trader levels but really it's wait & see to figure out what this market wants to do - at the moment it's not going anywhere.
- a breakdown below 2700 would be nice

Weekly Numbers
Range - 2700.50-> 2758
Value - 2708.50 -> 2732.50

Daily Numbers
Range - 2714.75 / 2717.25 -> 2735.25
Value - 2724 -> 2732.50
Globex - 2705.50 -> 2732.50

Settlement 2722.25

Today only - 2728.50

Long Term Levels - 2556.50, 2590, 2687.75, 2810, 2887

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:


futures io Trading Community Trading Journals > DTs Pre Market Prep


January 7, 2019


Upcoming Webinars and Events
 

NinjaTrader (special webinar #400 w/giveaways)

Oct TBD
 

Bookmap

Oct TBD
 

SharkIndicators

Oct TBD
 

Carley Garner

Oct TBD
 

Ironbeam

Oct TBD
 

Zytrade

Oct TBD
 

GruttePier

Oct 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