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 257,191 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)
  #1251 (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, 10,301 received

28th June



Volatile and unpredictable - sort of makes doing prep a bit pointless but it's still always good to take a step back and have a plan of attack.

Despite the volatility yesterday, we didn't actually go anywhere. There's lots of news hitting the wires, so it's just a matter of prime goal to assess the volatility.



Profile wasn't relevant yesterday - we pretty much ran the weeks range, so if it was ignored by that move, it's proabably not going to be that significant today.



Yesterdays low has held, which is the low of the range marked out on the daily charts above. We couldn't get the break below 2700 that we were looking for yesterday. I do expect a reaction there. For now, the low has held so any moves up are worth a shot. But it's really a crap shoot with the macro-economic stuff hitting the wires.

Plan
- Look for open trade
- after that, wait 15 mins to see what the volatility looks like
- ear on the news
- try to scale in to any volatile moves. Start small on all trades as new can hit any time.
- Look out for volatility hitting later in the day - dont be fooled by a slow start

Weekly Numbers
Range - 2700.50-> 2758
Value - not worth watching now

Daily Numbers
Range - 2701 -> 2748
Value - elongated day - not meaningful
Globex - 2702.75 -> 2717.25

Settlement 2705

Long Term Levels - 2556.50, 2590, 2687.75, 2700, 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:

Can you help answer these questions
from other members on futures io?
Order Data Export Plugin-- Is it possible?
NinjaTrader
Can Tradingviews Drawing tool create limit order
Platforms and Indicators
Convert H Data TS to NT
NinjaTrader
price line not coming in nt 8
NinjaTrader
converting useful Pine Script into Multicharts code
EasyLanguage Programming
 
 
(login for full post details)
  #1252 (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, 10,301 received

29th June




Eye's on 2745 today - the top of the old range (white box). If that holds, we should see shorts come in to take us back to 2700. If we can break then it's eye's on 2800.

News risk is still high, market is volatile but long term directionless.



We are just above the weeks distribution right now - so we do risk falling back from here.



All trade overnight is above yesterdays value.

Plan
- Bias up - but with the caveat we might not make it far past 45. So 45 is the line in the sand today and will play moves away from it in either direction.
- ears on the news.
- be wary of initial choppy action again
- also be wary of any initial move down off the open which might just be rebalancing after the overnight move up

Weekly Numbers

Range - 2693.25> 2758
Value - 2706.50 -> 2731.75

Daily Numbers

Range - 2693.25 / 2693.50 -> 2726.25
Value - 2697.75 -> 2713.75
Globex - 2716.75 -> 2737.25

Settlement 2719.50

Long Term Levels - 2556.50, 2590, 2687.75, 2700, 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:
 
(login for full post details)
  #1253 (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, 10,301 received


2nd July



Sill not moving anywhere. Volume is decent. News risk is still high.



Eyes on 2705 & 2732 - that's where we traded most last week.



A big push down overnight - be wary of any push up off the open as it may just be rebalancing. Overall market is directionless - we seem to have settled back into the old range.

Plan
- opening trade on today
- looking for a move away from a level - but with no bias at all
- will try to scale in as we do still have a healthy range and that also plays into the overall directionlesness....(If that's even a word!)

Weekly Numbers
Range - 2693.25> 2758
Value - 2705.50 -> 2733

Daily Numbers
Range - 2716.75 / 2720.25-> 2745.50
Value - 2733.75-> 2742.25
Globex - 2716.75 -> 2737.25

Settlement 2721.50

Long Term Levels - 2556.50, 2590, 2687.75, 2700, 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 8 users say Thank You to Jigsaw Trading for this post:
 
(login for full post details)
  #1254 (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, 10,301 received

3rd July



Going nowhere at the moment. Eyes on 45.25 as we go to the top of the box.



We traded around last weeks value area, which is interesting - we extended out the bottom and now the top - so if we fall back down past 30, look for chop back down to 06.



Overnight trade has stuck just above yesterdays value. And the overnight range was obviously significant yesterday, so eyes on the daytradr levels being in play today - because, there's not a lot else to trade around!

Plan
- Early trade on
- look for trades away from 45.25 once we hit it
- Also looking for shorts below 30
- Other than that, not interested


Weekly Numbers
Range - 2693.25> 2758
Value - 2705.50 -> 2733

Daily Numbers
Range - 2698.50 / 2700.50 -> 2728.50
Value - 2704 -> 2717
Globex - 2720.50 -> 2739.25

Settlement 2727.25

Long Term Levels - 2556.50, 2590, 2687.75, 2700, 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 8 users say Thank You to Jigsaw Trading for this post:
 
(login for full post details)
  #1255 (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
3rd July



Going nowhere at the moment. Eyes on 45.25 as we go to the top of the box.



We traded around last weeks value area, which is interesting - we extended out the bottom and now the top - so if we fall back down past 30, look for chop back down to 06.



Overnight trade has stuck just above yesterdays value. And the overnight range was obviously significant yesterday, so eyes on the daytradr levels being in play today - because, there's not a lot else to trade around!

Plan
- Early trade on
- look for trades away from 45.25 once we hit it
- Also looking for shorts below 30
- Other than that, not interested


Weekly Numbers
Range - 2693.25> 2758
Value - 2705.50 -> 2733

Daily Numbers
Range - 2698.50 / 2700.50 -> 2728.50
Value - 2704 -> 2717
Globex - 2720.50 -> 2739.25

Settlement 2727.25

Long Term Levels - 2556.50, 2590, 2687.75, 2700, 2810, 2887

Thanks much always

Reply With Quote
The following user says Thank You to IBLAB for this post:
 
(login for full post details)
  #1256 (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, 10,301 received

9th July



Market heading up - so looking to see what will happen when we hit 2800/top of this range....

Generally speaking, I'm always a little suspicious of moves up in holiday weeks but Fridays volume wasn't too low.. so continuation is favored...



Next resistance down is 2740 - so if we do move down, there's not much trade from here to there, so any drop could be quite fast.



Also eyes on 2756.75 too - the late pullback.

Plan
- Bias Long
- watching 56.75 and 40.00 if the market pulls back
- Also watching the day trader levels
- Wait for a reaction from a known or developing level, then jump in if we see volume in that direction.


Weekly Numbers
Range - 2698.50-> 2766.25
Value - 2713.50 -> 2739

Daily Numbers

Range - 2631.25 / 2734.50 -> 2766.25
Value - 2750.50 -> 2766
Globex - 2761.75 -> 2774.75

Settlement 2763

Long Term Levels - 2556.50, 2590, 2687.75, 2700, 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)
  #1257 (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
3rd July



Going nowhere at the moment. Eyes on 45.25 as we go to the top of the box.



We traded around last weeks value area, which is interesting - we extended out the bottom and now the top - so if we fall back down past 30, look for chop back down to 06.



Overnight trade has stuck just above yesterdays value. And the overnight range was obviously significant yesterday, so eyes on the daytradr levels being in play today - because, there's not a lot else to trade around!

Plan
- Early trade on
- look for trades away from 45.25 once we hit it
- Also looking for shorts below 30
- Other than that, not interested


Weekly Numbers
Range - 2693.25> 2758
Value - 2705.50 -> 2733

Daily Numbers
Range - 2698.50 / 2700.50 -> 2728.50
Value - 2704 -> 2717
Globex - 2720.50 -> 2739.25

Settlement 2727.25

Long Term Levels - 2556.50, 2590, 2687.75, 2700, 2810, 2887


Reply With Quote
The following user says Thank You to IBLAB for this post:
 
(login for full post details)
  #1258 (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
9th July



Market heading up - so looking to see what will happen when we hit 2800/top of this range....

Generally speaking, I'm always a little suspicious of moves up in holiday weeks but Fridays volume wasn't too low.. so continuation is favored...



Next resistance down is 2740 - so if we do move down, there's not much trade from here to there, so any drop could be quite fast.



Also eyes on 2756.75 too - the late pullback.

Plan
- Bias Long
- watching 56.75 and 40.00 if the market pulls back
- Also watching the day trader levels
- Wait for a reaction from a known or developing level, then jump in if we see volume in that direction.


Weekly Numbers
Range - 2698.50-> 2766.25
Value - 2713.50 -> 2739

Daily Numbers

Range - 2631.25 / 2734.50 -> 2766.25
Value - 2750.50 -> 2766
Globex - 2761.75 -> 2774.75

Settlement 2763

Long Term Levels - 2556.50, 2590, 2687.75, 2700, 2810, 2887


Reply With Quote
The following 2 users say Thank You to IBLAB for this post:
 
(login for full post details)
  #1259 (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, 10,301 received

10th July



So we've hit the top of the range and fallen back. Doesn't mean we aren't going to break through yet but there really wasn't much volume yesterday to support this if we pullback.



Really nothing below us to support this move. So we could have a swift move back to 40 at which point I'd see us slowing down.



We'll keep an eye on the daily levels. Volume was low yesterday. We have upside momentum but are are a decision point. Gauging the end of the pullback is problematic as there's really nothing to lean on.

Plan
- Join downside momentum if it looks like the range is holding
- Eyes on the daytradr levels for the market holding but I see them as low confidence
- Longs above 2800 but eyes out for a headfake (absorption on offer side after a break)


Weekly Numbers
Range - 2698.50-> 2766.25
Value - 2713.50 -> 2739

Daily Numbers
Range - 2761.75 / 2773 -> 2787.25
Value - 2780.75 -> 2786.75
Globex - 2786.25 -> 2797.25

Settlement 2787.50

Long Term Levels - 2556.50, 2590, 2687.75, 2700, 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)
  #1260 (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, 10,301 received


11th July



No shock here, we got to the high of the range and we moved down from it. As mentioned in yesterdays prep, there's not a lot below us to clue us in to where this move might end.



We did mention the day trader levels being in play and we've dipped into last weeks range and moved up from there. We also held overnight high range overnight. Same level has held in todays overnight session.



But mostly - the move down and subsequent bounce up after testing last weeks high was all overnight.

Volume was low yesterday and so was the range. So eyes on the range/volatility from the open.

Plan
- look for early trade on the chance volume/volatility is low
- eyes on the volume/volatility - if it's low - look for scalps off YM/NQ
- watch for downside continuation to confirm range is holding, shorts below overnight high if so.
- be wary of a rebalancing up at the open (a rebalance) - and don't allow any early longs to go offside as it may be short lived
- watch for headfakes through the high if we do pop up. Obviously if we do break the range topside, that is a buying opportunity

Weekly Numbers
Range - 2761.75 -> 2797.75
Value - 2768.75 -> 2791.75

Daily Numbers
Range - 2786.25 / 2788.50 -> 2797.25
Value - 2791.75 -> 2795.75
Globex - 2765.75 -> 2797.75

Settlement 2796.75

Long Term Levels - 2556.50, 2590, 2687.75, 2700, 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 5 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
 

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