DTs Pre Market Prep - Trading Journals | futures io social trading
futures io futures trading


DTs Pre Market Prep
Updated: Views / Replies:152,295 / 1,019
Created: by DionysusToast Attachments:751

Welcome to futures io.

Welcome, Guest!

This forum was established to help traders (especially futures traders) by openly sharing indicators, strategies, methods, trading journals and discussing the psychology of trading.

We are fundamentally different than most other trading forums:
  • We work extremely hard to keep things positive on our forums.
  • We do not tolerate rude behavior, trolling, or vendor advertising in posts.
  • We firmly believe in openness and encourage sharing. The holy grail is within you, it is not something tangible you can download.
  • 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, and we will never resell your private information.

-- Big Mike

Reply
 751  
 
Thread Tools Search this Thread
 

DTs Pre Market Prep

  #591 (permalink)
Market Wizard
Bangkok
 
Futures Experience: Intermediate
Platform: MultiCharts.NET, S5, Ninj
Broker/Data: AMP, S5, IB
Favorite Futures: ES
 
DionysusToast's Avatar
 
Posts: 2,518 since Nov 2010
Thanks: 753 given, 7,775 received
Forum Reputation: Legendary

10th August

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


We really need a push down from here to open up the range a bit. A move up could get us back to the all time highs but more likely will be indecision and smaller range. So I'm still hoping for 56.75 at least to keep the potential range wider.

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


No much to say about last weeks volume profile - it's evenly distributed, with no real major steps in it. But paying attention to the value area is worthwhile.

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


The split profile is interesting - we cab see a green shaded area where potentially we have an area of resistance from 80-82.75. I'd like to see that tested after the open and then for a push down. That's my favored scenario. On continuation up, I'll be looking for that same area to offer support after a break upside.

As it is potentially a narrowing range, I expect less participation back into the range than if we break down. Very much a wait & see day.

Weekly Numbers
Range 2062 -> 2107
Value 2085.75 -> 2099.50
S1 - 2054.75, R1 - 2099.75


Daily Numbers
Range - 2062 -> 2076.75 / 2082.75
Value - 2063.75 -> 2071.25
Globex - 2071.75-> 2080.75

Settlement - 2073.50

Today only - 2080-2082.75

Long Term 2126.25, 2102.50, 2073.50, 2056.75, 2023, 1992.25, 1946.25, 1860

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
Reply With Quote
The following 8 users say Thank You to DionysusToast for this post:
 
  #592 (permalink)
Market Wizard
Bangkok
 
Futures Experience: Intermediate
Platform: MultiCharts.NET, S5, Ninj
Broker/Data: AMP, S5, IB
Favorite Futures: ES
 
DionysusToast's Avatar
 
Posts: 2,518 since Nov 2010
Thanks: 753 given, 7,775 received
Forum Reputation: Legendary

11th August

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


So we've not managed to get down to 56.75 and we are back to the 02.50 level. I would really like to see us break upside so that we can get a bit more of a run. It does look like the range is narrowing and if that is the case, we could well head down.

Funny thing is - we still have decent volume and volatility for the time of year but right now, there's no commitment one way or the other.

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


We are within last weeks range and awe are currently sitting in middle of it. So no real bias from that.

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


We can see that overnight we have taken back all of yesterdays day session gains. So I think the plan for today is simple. It's hard to have a bias. Overnight inventory is short and so we could see a pop up off the open. If not and we can break (or stay below) yesterdays day session low, then I'm looking for shorts. If we do have a pop up off the open, I'll take longs but I'm wary of yesterdays high and the 2102.50 level.

Weekly Numbers
Range 2062 -> 2107
Value 2085.75 -> 2099.50
S1 - 2054.75, R1 - 2099.75


Daily Numbers
Range -2071.75 / 2086 -> 2100.75
Value - 2092.50 -> 2099.50
Globex - 2085.50 -> 2101.75

Settlement - 2099.75

Long Term 2126.25, 2102.50, 2073.50, 2056.75, 2023, 1992.25, 1946.25, 1860

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
Reply With Quote
The following 8 users say Thank You to DionysusToast for this post:
 
  #593 (permalink)
Market Wizard
Bangkok
 
Futures Experience: Intermediate
Platform: MultiCharts.NET, S5, Ninj
Broker/Data: AMP, S5, IB
Favorite Futures: ES
 
DionysusToast's Avatar
 
Posts: 2,518 since Nov 2010
Thanks: 753 given, 7,775 received
Forum Reputation: Legendary


13th August

An interesting day yesterday.

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


We've been looking for the range to open up a bit and for 56.75 to get tested and indeed we dipped below it yesterday and saw it swiftly rejected. The trouble is, the Yuan devaluation is most likely what caused all this interest yesterday, so whilst a move up to 2120 and beyond would be nice, I suspect we'll just revert back to our narrow range. Anyway - all eyes on 2102.50 to see if we can stick above it and get out of this choppy area.

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


As you can see we have last weeks value high to deal with which isn't far off the one from the week before - and it's all just below our 2102.50 level. So more reason to suspect we may struggle to the upside.

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


Yesterday not much really happened if you consider where the prior day closed, where globex session opened and where we eventually closed.

There is talk of additional Yuan devaluation which could cause more volatility. So today one ear on the news and two eyes on the chart. News could just peter out and leave us in the range or it could cause another swift move.

Weekly Numbers
Range 2046.50 -> 2101.75
Value 2066.25 -> 2094.75
S1 - 2054.75, R1 - 2099.75


Daily Numbers
Range -2046.50 -> 2084.75 / 2085.25
Value - 2049.75-> 2072.25
Globex - 2076-> 2093

Settlement - 2084.25

Long Term 2126.25, 2102.50, 2073.50, 2056.75, 2023, 1992.25, 1946.25, 1860

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
Reply With Quote
The following 8 users say Thank You to DionysusToast for this post:
 
  #594 (permalink)
Risk--->0 $--->∞
Chicago, IL
 
Futures Experience: None
Platform: NT8,NT7,TWS,FOREX.COM app
Broker/Data: InteractiveBrokers, NinjaTrader Brokerage FOREX.COM, IQFeed
Favorite Futures: The one I'm creating in the present....ES, ZF, ZN, ZB, FX pairs
 
Blash's Avatar
 
Posts: 1,474 since Nov 2011
Thanks: 4,166 given, 2,096 received
Forum Reputation: Legendary


DionysusToast View Post
13th August
News could just peter out and leave us in the range or it could cause another swift move.

lol......from you it's funny.....

Ron

It is an axiomatic fact that while you meditate you are speaking with your own spirit. In that state of mind you put certain questions to your spirit and the spirit answers: the light breaks forth and the reality is revealed.
The steed of this Valley is pain; and if there be no pain this journey will never end.
Buy Low And Sell High (read left to right or right to left....lol)
Reply With Quote
The following user says Thank You to Blash for this post:
 
  #595 (permalink)
Market Wizard
Bangkok
 
Futures Experience: Intermediate
Platform: MultiCharts.NET, S5, Ninj
Broker/Data: AMP, S5, IB
Favorite Futures: ES
 
DionysusToast's Avatar
 
Posts: 2,518 since Nov 2010
Thanks: 753 given, 7,775 received
Forum Reputation: Legendary

17th August

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


Still in the range and volume just a tad above a million. Our "good summer" may well come to a halt now. We've been very lucky in terms of volatility and volume this summer. Even if we do see typical summer action come in now, it'll only be for a few weeks, so I'll still take that over a typical year.

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


In the middle of the past 3 weeks range. So even without summer, we can expect a lot of indecision until it breaks.

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


Still - it's worth watching Fridays extremes/value today, as well as the weekly value high.

But my game today is really to watch the volume and if it is low, to look for a range to form and fade it. We could break out, I'll be happy to be wrong and for Friday to be an anomaly. We could get news in that really move us.

But my expectation is a dull day.

Enjoy.

Weekly Numbers
Range 2046.50 -> 2101.75
Value 2072.50 -> 2093
S1 - 2057.25, R1 - 2111.50

Daily Numbers
Range -2073.75 -> 2076 / 2089.75
Value - 2079 > 2085
Globex - 2084.25-> 2094.50

Settlement - 2089.50

Long Term 2126.25, 2102.50, 2073.50, 2056.75, 2023, 1992.25, 1946.25, 1860

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
Reply With Quote
The following 4 users say Thank You to DionysusToast for this post:
 
  #596 (permalink)
Elite Member
Sydney, Australia
 
Futures Experience: Intermediate
Platform: Sierra Chart, IRESS
Broker/Data: IB, IQFeed
Favorite Futures: ES, SPI, ASX stocks, options
 
Posts: 399 since Jun 2015
Thanks: 169 given, 446 received

No kidding about the tiny range, its being stuck in this 2.5 point range for a good 2 hours

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


Waiting for another long opportunity at 85~

Reply With Quote
The following 2 users say Thank You to PeakGrowth for this post:
 
  #597 (permalink)
Market Wizard
Bangkok
 
Futures Experience: Intermediate
Platform: MultiCharts.NET, S5, Ninj
Broker/Data: AMP, S5, IB
Favorite Futures: ES
 
DionysusToast's Avatar
 
Posts: 2,518 since Nov 2010
Thanks: 753 given, 7,775 received
Forum Reputation: Legendary

18th August

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


OK- so we are now at the top of the range. And would very much like a breakout to the upside...

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


On a weekly basis - still in the middle, so nothing to help us assess direction there.

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


On a daily basis, we had a decent range yesterday. We have just gone through the 02.50 level. If we can move above that and hold it, then we may get to the highs. I suspect we'll likely roll over which is also fine as we are at the top of the range and that means we could have a couple of days of downward momentum to the bottom as the reversal up here could also bring in some interest.

Weekly Numbers
Range 2046.50 -> 2101.75
Value 2072.50 -> 2093
S1 - 2057.25, R1 - 2111.50

Daily Numbers
Range -2074.75 -> 2100.50
Value - 2085 > 2100.50
Globex - 2093.25-> 2103.75

Settlement - 2099.25

Long Term 2126.25, 2102.50, 2073.50, 2056.75, 2023, 1992.25, 1946.25, 1860

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
Reply With Quote
The following 6 users say Thank You to DionysusToast for this post:
 
  #598 (permalink)
Market Wizard
Bangkok
 
Futures Experience: Intermediate
Platform: MultiCharts.NET, S5, Ninj
Broker/Data: AMP, S5, IB
Favorite Futures: ES
 
DionysusToast's Avatar
 
Posts: 2,518 since Nov 2010
Thanks: 753 given, 7,775 received
Forum Reputation: Legendary

19th August

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


As per yesterday - we've tested 02.50 and now presumption is 2073.50 & 2056.75 are the next logical targets.

Just presuming simple rangebound behavior and participation being to the downside until we hit a reference.

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


After the open, a retest of yesterdays low or value low and a rejection to the downside should bring in shorts. If we start eating through yesterdays value area, it becomes a little more murky. We could test yesterdays highs, which means a good trade but a long wait.

So a downside bias, and looking for a more obvious rejection point for the best possibility of a run.

FOMC mornings do tend to be a but dull - but seeing as nobody is expecting the FED to do anything anyway - it'll probably be a normal morning!

Weekly Numbers
Range 2074.75 -> 2103.75
Value 2086.50 -> 2097.50
S1 - 2057.25, R1 - 2111.50

Daily Numbers
Range -2090.25 -> 2100.25 / 2103.75
Value - 2091.25 -> 2096.25
Globex - 2084 -> 2098

Settlement - 2094

Long Term 2126.25, 2102.50, 2073.50, 2056.75, 2023, 1992.25, 1946.25, 1860

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
Reply With Quote
The following 2 users say Thank You to DionysusToast for this post:
 
  #599 (permalink)
Market Wizard
Bangkok
 
Futures Experience: Intermediate
Platform: MultiCharts.NET, S5, Ninj
Broker/Data: AMP, S5, IB
Favorite Futures: ES
 
DionysusToast's Avatar
 
Posts: 2,518 since Nov 2010
Thanks: 753 given, 7,775 received
Forum Reputation: Legendary

20th August

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


So we had FOMC day yesterday. Not a bad mornings trading and the usual spike on the news. So are we now really bearish?


On Wednesday we had...


Quoting 
On a daily basis, we had a decent range yesterday. We have just gone through the 02.50 level. If we can move above that and hold it, then we may get to the highs. I suspect we'll likely roll over which is also fine as we are at the top of the range and that means we could have a couple of days of downward momentum to the bottom as the reversal up here could also bring in some interest.

Now we are at the opposite end of the range. Will we now break out and head to 2023 or will we basically now carry on ranging and move back up to 02.50. That's the only thing on my mind today. We do have some significant numbers out this AM and that may tip the scales to the downside if they are way below expectations.

We had a lot of volume yesterday but then lots of people trade around the FOMC and the overall drop was less than 15 points - so it was not a massive move.

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


On a Weekly basis, there's nothing to indicate we are in anything other than a range.

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


The profiles show the normal volatility associated with FOMC yesterday and then overnight we can see we've had a big move down overnight, which has gone through our 56.75 level and is now just above it.

So into the open, if we see 56.75 break, we could have a decent run down. If we move up it's back into the range and we are looking at a move up to 02.50 again. Either way we seem to be at an inflection point. As a day trader, I certainly want to see a move down for most volatility.

Weekly Numbers
Range 2053.50-> 2103.75
Value 2077.75 -> 2100.75
S1 - 2057.25, R1 - 2111.50

Daily Numbers
Range -2066.50 -> 2093.50 / 2098
Value - 2072.75 -> 2083.25
Globex - 2053.50 -> 2077.75

Settlement - 2072.75

Long Term 2126.25, 2102.50, 2073.50, 2056.75, 2023, 1992.25, 1946.25, 1860

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
Reply With Quote
The following 6 users say Thank You to DionysusToast for this post:
 
  #600 (permalink)
Market Wizard
Bangkok
 
Futures Experience: Intermediate
Platform: MultiCharts.NET, S5, Ninj
Broker/Data: AMP, S5, IB
Favorite Futures: ES
 
DionysusToast's Avatar
 
Posts: 2,518 since Nov 2010
Thanks: 753 given, 7,775 received
Forum Reputation: Legendary


21st August

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


Good day yesterday - after the first push down it appeared we had a reversal on hour hands but we just couldn't hold above the 2056.75 level and we got a tick above it and as it moved down that brought a lot of sellers in.

Yesterday we had


Quoting 
Now we are at the opposite end of the range. Will we now break out and head to 2023 or will we basically now carry on ranging and move back up to 02.50. That's the only thing on my mind today. We do have some significant numbers out this AM and that may tip the scales to the downside if they are way below expectations.

And we didn't quite make it to 2023 but got to 2024. In the overnight session we've been down to 2008.75 so far but we are now above 2023.

Looking at the above picture, we can see we are now back to the bottom of a range we started marking out in February. So the question today is really about whether we continue down towards 1946.25 or we start moving our way up.

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


I'll be looking for an upside reference today. Yesterdays value low or the single print at 38.25 as well as the overnight high. Just looking for a test of anything people will interpret as a resistance area to bring in more sellers. If we stay above 2023, I'm OK to go long but again I want to see some large move in the delta before I'll take anything with a wide stop.

Weekly Numbers
Range 2008.75 -> 2103.75
Value 2060.25 -> 2103.25
S1 - 2057.25, R1 - 2111.50

Daily Numbers
Range -2024.25 -> 2065 / 2077.75
Value - 2041.25 -> 2056.75
Globex - 2008.75 -> 2029

Settlement - 2025.50

Today only - 2038.25

Long Term 2126.25, 2102.50, 2073.50, 2056.75, 2023, 1992.25, 1946.25, 1860

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
Reply With Quote
The following 7 users say Thank You to DionysusToast for this post:

Reply



futures io > > > DTs Pre Market Prep

Thread Tools Search this Thread
Search this Thread:

Advanced Search



Upcoming Webinars and Events (4:30PM ET unless noted)

FIO Journal Challenge featuring NinjaTrader ($2,000+ of prizes)

May
 

EasyLanguage ABC's: Mastering TradeStation Programming w/Chris Kaiser

Elite only
 

Prototyping Python Strategies (part 2: Backtesting) w/Ran Aroussi [special time: 1PM ET]

Elite only
 

Portfolio Diversification w/Brendon Delate @ Diversify Portfolio

Elite only

An Afternoon with FIO member Softsoap (being rescheduled)

Elite only
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
How To Forcast Market Condition Based On Pre Market & Overnight Session? SeanKozak Elite Automated Trading 2 February 23rd, 2013 11:18 AM
Which tool to decide to enter the market at a pre-defined area of interest? Nicolas11 Traders Hideout 2 September 2nd, 2012 12:37 PM
Pfizer Profit Slightly Beats, but Shares Fall Pre-Market Quick Summary News and Current Events 0 May 1st, 2012 08:00 AM
S&P pre market movers aquarian1 News and Current Events 0 January 3rd, 2012 08:08 AM
Consumers, Bond Yields Watched in Pre-Holiday Market Quick Summary News and Current Events 0 May 27th, 2011 12:40 AM


All times are GMT -4. The time now is 04:40 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 2017-05-23 in 0.32 seconds with 20 queries on phoenix via your IP 54.225.51.21