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



cunparis journal, thoughts, and more


Discussion in Trading Journals

Updated
      Top Posters
    1. looks_one cunparis with 532 posts (485 thanks)
    2. looks_two gabga100 with 28 posts (10 thanks)
    3. looks_3 Big Mike with 27 posts (22 thanks)
    4. looks_4 rassi with 27 posts (13 thanks)
      Best Posters
    1. looks_one fiki with 2.9 thanks per post
    2. looks_two BunnyDumb with 2.4 thanks per post
    3. looks_3 cunparis with 0.9 thanks per post
    4. looks_4 Big Mike with 0.8 thanks per post
    1. trending_up 152,459 views
    2. thumb_up 763 thanks given
    3. group 56 followers
    1. forum 905 posts
    2. attach_file 372 attachments




Welcome to futures io: the largest futures trading community on the planet, with well over 150,000 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)

Closed Thread
 
Search this Thread
 

cunparis journal, thoughts, and more

(login for full post details)
  #261 (permalink)
 cory 
virginia
 
Experience: Intermediate
Platform: ninja
Trading: NQ
 
cory's Avatar
 
Posts: 6,096 since Jun 2009
Thanks: 877 given, 8,045 received


cunparis View Post
here's the cycle chart so you can see the cycles at those levels. I have MP levels on market delta and the cycles on tradestation.

I'm seriously considering reprogramming everything on market delta the only problem is I can't get the better sinewave for market delta which is the dealbreaker.

ask barry I think he will do it.


Can you help answer these questions
from other members on futures io?
How do I create Strategy with the Second Entry indicator
NinjaTrader
in depth understanding of last, bid, and ask volume in c …
NinjaTrader
help with take profit several targets
TradeStation
NT8 Order Management Strategy
The Elite Circle
Big Mo Indicator for NT8
NinjaTrader
 
 
(login for full post details)
  #262 (permalink)
 WestBeach 
South Africa & London
 
Experience: None
Platform: Ninjatrader
Trading: Major currency pairs
 
WestBeach's Avatar
 
Posts: 23 since Sep 2009
Thanks: 77 given, 20 received

I would think they are accumulating since they are not going to chase the market.


cunparis View Post
A quiz for you:

Which side are the professionals trading? How do you know?


Follow me on Twitter
The following user says Thank You to WestBeach for this post:
 
(login for full post details)
  #263 (permalink)
 cunparis 
Paris, France
 
Experience: Advanced
Platform: Market Delta & Ninjatrader
Trading: ES
 
cunparis's Avatar
 
Posts: 2,565 since Jun 2009
Thanks: 1,162 given, 2,093 received


Doesn't always work. This is a long at the VAL & POC.

Got cycle turns and pro buying.

Didn't work out but I held my loss at 3 ticks.

Attached Thumbnails
Click image for larger version

Name:	cl failed long at poc.png
Views:	170
Size:	43.6 KB
ID:	10468  
Follow me on Twitter Started this thread
 
(login for full post details)
  #264 (permalink)
 cunparis 
Paris, France
 
Experience: Advanced
Platform: Market Delta & Ninjatrader
Trading: ES
 
cunparis's Avatar
 
Posts: 2,565 since Jun 2009
Thanks: 1,162 given, 2,093 received

Wait for POT

note how I got stopped out again on that last trade! darn it.

Attached Thumbnails
Click image for larger version

Name:	cl wait for pot.png
Views:	164
Size:	63.0 KB
ID:	10471  
Follow me on Twitter Started this thread
 
(login for full post details)
  #265 (permalink)
 cunparis 
Paris, France
 
Experience: Advanced
Platform: Market Delta & Ninjatrader
Trading: ES
 
cunparis's Avatar
 
Posts: 2,565 since Jun 2009
Thanks: 1,162 given, 2,093 received


cory View Post
ask barry I think he will do it.

The problem is Market Delta's RTL is just expressions, it's not a programming language. So no loops for example. To do that one needs to use C++ which is a real pain in the butt.

Follow me on Twitter Started this thread
 
(login for full post details)
  #266 (permalink)
 cunparis 
Paris, France
 
Experience: Advanced
Platform: Market Delta & Ninjatrader
Trading: ES
 
cunparis's Avatar
 
Posts: 2,565 since Jun 2009
Thanks: 1,162 given, 2,093 received


WestBeach View Post
I would think they are accumulating since they are not going to chase the market.

That's my read too but for some reason the market isn't responding. I'm puzzled. I'm puzzled.

Follow me on Twitter Started this thread
 
(login for full post details)
  #267 (permalink)
 WestBeach 
South Africa & London
 
Experience: None
Platform: Ninjatrader
Trading: Major currency pairs
 
WestBeach's Avatar
 
Posts: 23 since Sep 2009
Thanks: 77 given, 20 received

I still have difficulty with the concept of the professional activity indicators. Without knowing the strategy of the players involved then how can we use the information to our advantage? The professional activity could quite easily be the result of a fund hedging or a long term trend algo taking a position on an hourly time frame in an opposing direction.


WestBeach View Post
I would think they are accumulating since they are not going to chase the market.


Follow me on Twitter
The following user says Thank You to WestBeach for this post:
 
(login for full post details)
  #268 (permalink)
 cunparis 
Paris, France
 
Experience: Advanced
Platform: Market Delta & Ninjatrader
Trading: ES
 
cunparis's Avatar
 
Posts: 2,565 since Jun 2009
Thanks: 1,162 given, 2,093 received


WestBeach View Post
Do you find that your cycle levels/professional activity indicators coincide with major support and resistance market profile areas?

I paid attention to this today and I think it's a double-edged sword.

Let's say price is going low and comes up on a MP level and stalls. The sine wave will, if the market is near the end of a down move, it will detect the stalling as an end of the move and the sine waves cross and you get a new up cycle. However price wasn't finished moving down, it was only stalling it. That's how you get sine crosses "early". This is what happened on the last failed long.

Really I'd like to wean myself off this sine wave indicator but when it works it works really well.

Attached Thumbnails
Click image for larger version

Name:	cl early sine cross at POC.png
Views:	141
Size:	19.0 KB
ID:	10477  
Follow me on Twitter Started this thread
 
(login for full post details)
  #269 (permalink)
 cunparis 
Paris, France
 
Experience: Advanced
Platform: Market Delta & Ninjatrader
Trading: ES
 
cunparis's Avatar
 
Posts: 2,565 since Jun 2009
Thanks: 1,162 given, 2,093 received

Volume dropped off after pro's bought the lows (see last chart the circled area). I missed that bottom, wasn't interested really. So it's a good time to wrap it up.

Today I acheived my goals of being selective, getting big trades and keeping losses small. Thanks for reading and if you have any questions please let me know.

Attached Thumbnails
Click image for larger version

Name:	cl pl.png
Views:	145
Size:	27.0 KB
ID:	10479   Click image for larger version

Name:	cl trades.png
Views:	153
Size:	65.1 KB
ID:	10480   Click image for larger version

Name:	cl volume dropped for lunch.png
Views:	145
Size:	26.7 KB
ID:	10481  
Follow me on Twitter Started this thread
The following 2 users say Thank You to cunparis for this post:
 
(login for full post details)
  #270 (permalink)
 cunparis 
Paris, France
 
Experience: Advanced
Platform: Market Delta & Ninjatrader
Trading: ES
 
cunparis's Avatar
 
Posts: 2,565 since Jun 2009
Thanks: 1,162 given, 2,093 received



WestBeach View Post
I still have difficulty with the concept of the professional activity indicators. Without knowing the strategy of the players involved then how can we use the information to our advantage? The professional activity could quite easily be the result of a fund hedging or a long term trend algo taking a position on an hourly time frame in an opposing direction.

Excellent point. I'm sure that is happening, but it'd probably be happening throughout the day. When these indicators detect higher professional activity than usual, then I have to assume price is more attractive to them than usual and they're taking advantage of it.

For higher timeframes.. professionals don't trade off charts, that was in an earlier post and since no one disagreed I assume everyone agrees. So they're not entering on an hourly bar or whatever. They're entering at a specific price level. That price level can be determined in any number of ways, I gave an example in my post about this.

For hedgers.. I think if they were going short as a hedge they'd do it before a 50 tick slide. These guys are professionals after all.

Even if the theory may be difficult to accept, we then have to look at empirical evidence. I'm convinced that when these indicators signal blue bars it's often at turning points. I'm hoping my theory will hold up to the challenges of everyone here. Professionals aren't always right, sometimes they're early (as in my failed long) but overall I think the odds are much better if one takes these signals into account.

Follow me on Twitter Started this thread

Closed Thread

futures io Trading Community Trading Journals > cunparis journal, thoughts, and more


Last Updated on December 3, 2010


Upcoming Webinars and Events
 

NinjaTrader Indicator Challenge!

Ongoing
     



Copyright © 2023 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada), 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