cunparis journal, thoughts, and more - Trading Journals | futures io social day trading
futures io futures trading


cunparis journal, thoughts, and more
Updated: Views / Replies:93,251 / 905
Created: by cunparis Attachments:370

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

Closed Thread
 370  
 
Thread Tools Search this Thread
 

cunparis journal, thoughts, and more

  #101 (permalink)
Elite Member
Houston, Tx
 
Futures Experience: Advanced
Platform: TT / NinjaTrader
Broker/Data: Esignal / Zen-Fire
Favorite Futures: CL
 
trippenlatin's Avatar
 
Posts: 185 since Mar 2010
Thanks: 144 given, 314 received

Is the POT working on other charts, like Volume, Range, or Min?

 
  #102 (permalink)
Trade with the flow
Paris, France
 
Futures Experience: Advanced
Platform: Market Delta & Ninjatrader
Favorite Futures: ES
 
cunparis's Avatar
 
Posts: 2,563 since Jun 2009
Thanks: 1,157 given, 2,030 received


trippenlatin View Post
Is the POT working on other charts, like Volume, Range, or Min?

Only on tick charts due to the algorithm. It'd be possible with other types but the algorithm would be more complicated and possibly CPU intensive.

The tick chart doesn't bother me because I just have it running with only a few inches on the right side showing. I watch my normal charts and when I get a POT alert I glance down at the POT chart and then focus on my charts. I'm not trading off the POT chart.

 
  #103 (permalink)
Elite Member
Czech Republic
 
Futures Experience: Intermediate
Platform: Ninja Trader
Favorite Futures: FDAX, 6E, CL
 
hinode's Avatar
 
Posts: 41 since Oct 2009
Thanks: 17 given, 34 received



cunparis View Post
Dax trading abysmal today. I had two trades that I ended up exiting at BE and +1 and they would have went on to hit at least +10. So I need more confidence there. That was as the dax was in a trading range.

Dax broke out and I didn't learn my lesson from crude the other day and I didn't keep in mind the big picture which was supporting a breakout.

I hope I learn it this time.

Clear zero here. Two trades, the first stopped out and the second I bought at 5998,5 and went with the brakeout. Then I failed as well and sold because I wanted to cover the first loss.

 
  #104 (permalink)
Trade with the flow
Paris, France
 
Futures Experience: Advanced
Platform: Market Delta & Ninjatrader
Favorite Futures: ES
 
cunparis's Avatar
 
Posts: 2,563 since Jun 2009
Thanks: 1,157 given, 2,030 received

Did better on CL as it was mostly range-bound. I think I trade much better when the markets are balanced and I fade moves to the extreme. So I have to work on the trend trading days.

Just a note: I'm trading turning points that are either with the "trend" (we have yet to define that in this thread) OR are not against any "trend". Meaning if the market is moving up then I'm looking to enter on pullbacks. If the market is just ranging then I'm looking to enter at the extremes, long at the lows and short at the highs. When the market goes from ranging to a breakout out I will most likely get stopped out and that's when I need to figure out if the market is trending so that I can focus on the pullbacks.

This sounds simple really but it's taken a while for me to figure this out. Some days I'd do very well and some days I'd do terribly. And sometimes it was the same day (great during morning and terrible in afternoon or vice versa).

I want to make that clear because some people only want to trade with the trend. You can certainly do that. I'll try to stress that a bit more.

To put it in a cycle perspective, if the market is cycling then I'm trading with the cycles. If the market breaks out of the higher timeframe cycle then I'm trading with the cycles on the smaller timeframe that are in the direction of the breakout on the higher timeframe. i hope that's clear if not let me know.

Still negative for the day but I now know what the problem is.

Attached Thumbnails
cunparis journal, thoughts, and more-cl-pl.png  
The following 2 users say Thank You to cunparis for this post:
 
  #105 (permalink)
Market Wizard
virginia
 
Futures Experience: Intermediate
Platform: ninja
Favorite Futures: ES
 
cory's Avatar
 
Posts: 5,216 since Jun 2009
Thanks: 628 given, 6,314 received
Forum Reputation: Legendary

tape is slow for ES today, here is my template

Attached Thumbnails
cunparis journal, thoughts, and more-es-06-10-3_17_2010-144-tick-.jpg  
Attached Files
Register to download File Type: cs CoryTrendBar.cs (7.6 KB, 36 views)
Register to download File Type: cs PaceOfTape_paris.cs (11.2 KB, 59 views)
The following 3 users say Thank You to cory for this post:
 
  #106 (permalink)
Market Wizard
virginia
 
Futures Experience: Intermediate
Platform: ninja
Favorite Futures: ES
 
cory's Avatar
 
Posts: 5,216 since Jun 2009
Thanks: 628 given, 6,314 received
Forum Reputation: Legendary

a sim scalp and another setup, ignore spike, fish bone, wick, tail, onesy, twosy makes a trend.

Attached Thumbnails
cunparis journal, thoughts, and more-es-06-10-3_17_2010-144-tick-.jpg  

Last edited by cory; March 17th, 2010 at 05:48 PM.
The following user says Thank You to cory for this post:
 
  #107 (permalink)
Trade with the flow
Paris, France
 
Futures Experience: Advanced
Platform: Market Delta & Ninjatrader
Favorite Futures: ES
 
cunparis's Avatar
 
Posts: 2,563 since Jun 2009
Thanks: 1,157 given, 2,030 received


cory View Post
a sim scalp

I haven't tried the POT indicator with ES yet, I've been using it with DAX & CL just as a heads up and additional confirmation of a reversal. Glad to see it works for ES.

Here's my POT chart with my CL trades. I think one cannot set a threshold for all the time, it really depends on market activity. In the area I was trading, it was before the invenstory report and so activity was pretty low. However whenever the POT hit 150 it seemed to mark a turning point.

If anyone has an idea on how we can make the threshold auto-adjusting I'm very interested. Maybe use bollinger bands? Or a moving average? I'm just brainstorming right now, I'll try some ideas tomorrow.

Thanks for sharing, hopefully some others still share too. If you're using the POT let's see how you're using it. So far I think it's great!

Attached Thumbnails
cunparis journal, thoughts, and more-pot-cl.png  
 
  #108 (permalink)
Trade with the flow
Paris, France
 
Futures Experience: Advanced
Platform: Market Delta & Ninjatrader
Favorite Futures: ES
 
cunparis's Avatar
 
Posts: 2,563 since Jun 2009
Thanks: 1,157 given, 2,030 received

Swing Update:

Here's the ES daily chart. We just barely touched the top of the trend line (close enough, I think we were a couple ticks short). We're also approaching a 127.2% extension of the last corrective swing. Both could be points of resistance.

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


We closed off the high on decent volume, about average but more than average for recent activity. Lots of volume patterns lately including Profit Taking and Stopping Volume today.

For the cycles, we're in a breakout of all 3 timeframes so the sinewave isn't much help. That's why I also use the double stochastic.

There are lots of divergences in these charts. Just about everything is pointing to weakness and the gap up and close off the high supports that view.

And finally, here's what pushed me over the edge. The Turning Point Oscillator:

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


The TPO is just a hair shy of signalling a turning point. The red dots show the signals, when the threshold is breached. 5/6 of the last signals were profitable. Going back further it gets even better.

I've been testing the TPO on an intraday basis and the results have been about breakeven. But I think that is because I need to find the right timeframe to use and the daily is looking pretty good.

I also have a mechanical system that signalled a short a few days ago.

Put all that together and you'd have what Judge Wapner would call a "preponderance of the evidence". Well almost. I'd like to see an END of trend on the 45min cycle. But often that never comes so waiting for it isn't always the best choice.

So I'm short ES @ 1161.

 
  #109 (permalink)
Sharpening mental edge
the congo
 
Futures Experience: Advanced
Platform: North sea oil rig
Favorite Futures: Cl
 
rassi's Avatar
 
Posts: 827 since Jun 2009
Thanks: 1,154 given, 926 received
Forum Reputation: Legendary

Although I don't have that much to share re the intraday trading what I would say is this. I'm not really sure what your pot indy does but just don't see the point in utilizing any indicators with the way of trading. The market delta platform provides the information to trade as near as possible to pit trading from a screen. Therefor the thing to work on is trade location areas where to look for imbalance and where trapped buyers\sellers would provide good entrys. Ideas are market profile, vwap and standard d of this pdh and pdl. Just my thoughts but these are the areas the floor looks to work.

The following 2 users say Thank You to rassi for this post:
 
  #110 (permalink)
Trade with the flow
Paris, France
 
Futures Experience: Advanced
Platform: Market Delta & Ninjatrader
Favorite Futures: ES
 
cunparis's Avatar
 
Posts: 2,563 since Jun 2009
Thanks: 1,157 given, 2,030 received



rassi View Post
Although I don't have that much to share re the intraday trading what I would say is this. I'm not really sure what your pot indy does but just don't see the point in utilizing any indicators with the way of trading. The market delta platform provides the information to trade as near as possible to pit trading from a screen. Therefor the thing to work on is trade location areas where to look for imbalance and where trapped buyers\sellers would provide good entrys. Ideas are market profile, vwap and standard d of this pdh and pdl. Just my thoughts but these are the areas the floor looks to work.

I pretty much agree with what you said. The POT is just an additional tool in the toolbox, which alerts me to when there is either an exhaustion move or when professionals are becoming active (or both, usually professionals are active on the exhaustion moves as they're taking the other side). This helps to anticipate turning points.

In studying the POT I think if one only took trades when there was a signal on the POT and a setup on the ladder, it'd be profitable. That would be a lot simpler than trade location which sounds easy but is actually quite tricky.

So I agree it's not necessary. However I do think it's a reliable and useful tool to help understand professional behavior.


Closed Thread



futures io > > > cunparis journal, thoughts, and more

Thread Tools Search this Thread
Search this Thread:

Advanced Search



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

Linda Bradford Raschke: Reading The Tape

Elite only

Adam Grimes: TBA

Elite only

NinjaTrader: TBA

January

Ran Aroussi: TBA

Elite only
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
Thoughts on Ehlers indicators quasar NinjaTrader 16 April 8th, 2017 02:27 PM
Thoughts on Back To School Zondor Off-Topic 0 August 14th, 2011 03:01 PM
Random Thoughts.... AynRandFan Traders Hideout 7 July 24th, 2011 06:52 AM
First month trading; some thoughts Jameson Psychology and Money Management 5 June 22nd, 2011 12:42 AM
Some thoughts on trading baruchs Traders Hideout 8 August 5th, 2009 03:49 AM


All times are GMT -4. The time now is 11:48 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 2017-12-12 in 0.16 seconds with 20 queries on phoenix via your IP 54.234.255.29