Trading The Setup - futures io
futures io



Trading The Setup


Discussion in Trading Journals

Updated
    1. trending_up 6,408 views
    2. thumb_up 39 thanks given
    3. group 6 followers
    1. forum 52 posts
    2. attach_file 58 attachments




Welcome to futures io: the largest futures trading community on the planet, with well over 125,000 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
 

Trading The Setup

(login for full post details)
  #1 (permalink)
 Charley 
San Diego CA USA
 
Experience: Intermediate
Platform: NinjaTrader
Broker: TradeStation / InfinityFutures
Trading: ES,CL
 
Posts: 70 since Jun 2012
Thanks: 116 given, 76 received

This trading journal will be to help me in my trading journey and to hold me accountable for the trades I take. I plan to post screen shots of trades I take - trades I missed or trades I see that fit the setup when looking back.

I want to thank Vance (Vince Virgil) and his CL Journal, along with the Panda Warrior and, Bacon and of course Big Mike. I have read a lot of their threads and it has motivated me to get started.

My Goal is to trade the setup that presents itself on the charts and take my head out of it. If there is a setup that meets my criteria I want to be able to take it with out over thinking it. I use a few indicators, Manual support and resistance lines, Trend lines and HH/HL's. Most of my decisions are based on price action but I use the indicators and lines to help make the decision to enter and also use them for targets.

I mainly trade Crude (CL).

As of now I only trade 1 Contract

My main trading chart is an 800 tick chart

Hours I trade
550am PST to 11am PST

Platform I use is TradeStation SierraCharts through InfinityFutures

Indicators I use

1. 2 MACD's with different settings ( A Faster and a slower setting)
2. MOving Averages
-Double Weighted MA
-200 EMA
-21 EMA , 21EMA high, 21EMA Low
-Sharky Scalp indicator for Sierra - dont recall who posted that indicator but will find out and give credit
3. 4/8 EMA cross over indicator
-8 EMA (H+L+C)/3
-4 EMA (H+L+C)/3
4. Slow Stocastics for 800 tick chart and overlay from 1600tick chart to help look for good pull backs

I look for 5 Main patterns
1. Pull Back to MA in Trend
2. Reversal Bar and Doji Bar at Key support resistance areas
3. Combination of 1 and 2 are my favorite - pull back with reversal bar at MA band
4. 3 Bar Reversal at a trend line or MA
5. Break Down and Break above AH
6. 2nd Entries (dont use this much)


Risk Reward is 1:1 - Max risk is 17 ticks per trade - if price action stop is too far away I wont take trade - Generally looking for 15 tick risk to reward.

updated as of Nov 2014-
Instead of fixed risk reward - Im looking to trail the stop now - risk remains as it is - generally stop above below the entry bar - and Im trying to trail up profits below the low of each bar that closes in my direction. If the bar is a larger bar (bigger than the avg just by looking at the chart) I will trail that half way up and will tighten if price is getting close to support resistance levels.

One problem I have been having is that I trail my stop too quick and stop myself out early and then price moves to target - I have to stop doing this - or I will never profit and I will continue to lose more on my losses than I make on my wins.

More Charts that show my entries patterns and more info to come - I just wanted to get this out there to get it started.

Visit my futures io Trade Journal Started this thread Reply With Quote
The following 2 users say Thank You to Charley for this post:

Can you help answer these questions
from other members on futures io?
Multichart NET: where can i find esplanation on CustomIn …
MultiCharts
MBoxWave for Sierra Chart for sale 50%
Platforms and Indicators
PowerLanguage: change bars types, size and number of min …
MultiCharts
Tradenlernen martin popov
Trading Reviews and Vendors
Futures education program reviews
Trading Reviews and Vendors
 
Best Threads (Most Thanked)
in the last 7 days on futures io
How much do you know about Bitcoin?
129 thanks
I finally blew up an account
40 thanks
Big Mike in Ecuador
28 thanks
EdgeProX from Edge Clear
24 thanks
The tiyfTradePlanFactory indicator
22 thanks
 
(login for full post details)
  #3 (permalink)
 Charley 
San Diego CA USA
 
Experience: Intermediate
Platform: NinjaTrader
Broker: TradeStation / InfinityFutures
Trading: ES,CL
 
Posts: 70 since Jun 2012
Thanks: 116 given, 76 received


No Trades today

There was one potential short trade where the pattern looked good but I saw too much resistance below when looking to the left plus a rising longer term MA so I passed on the trade - ofcourse it triggered and would have achieved the target.

Screenshots of thoughts before trade and after:

Before:


After:

Visit my futures io Trade Journal Started this thread Reply With Quote
 
(login for full post details)
  #4 (permalink)
 Charley 
San Diego CA USA
 
Experience: Intermediate
Platform: NinjaTrader
Broker: TradeStation / InfinityFutures
Trading: ES,CL
 
Posts: 70 since Jun 2012
Thanks: 116 given, 76 received

Two trades today - 2 losers -

1st was a price action trade - went short below AL - reversed right after entry for full stop -15.

2nd was a 2nd Entry combined with my 4-8 EMA cross and break above 21 EMA after double bottom - had a little move up and moved up stop just a bit - price reversed and stopped me out for -11.




Visit my futures io Trade Journal Started this thread Reply With Quote
The following user says Thank You to Charley for this post:
 
(login for full post details)
  #5 (permalink)
 Charley 
San Diego CA USA
 
Experience: Intermediate
Platform: NinjaTrader
Broker: TradeStation / InfinityFutures
Trading: ES,CL
 
Posts: 70 since Jun 2012
Thanks: 116 given, 76 received

1 trade 1 winner today - full target of 15 ticks hit - no other trades jumped out at me today after move up in the morning it was fairly range bound (30-40 tick range).


Visit my futures io Trade Journal Started this thread Reply With Quote
The following user says Thank You to Charley for this post:
 
(login for full post details)
  #6 (permalink)
 Charley 
San Diego CA USA
 
Experience: Intermediate
Platform: NinjaTrader
Broker: TradeStation / InfinityFutures
Trading: ES,CL
 
Posts: 70 since Jun 2012
Thanks: 116 given, 76 received

Another day with only 1 trade - and Im ok with just one trade. Im really only looking to take 1-4 trades per day. The one trade was a quick 15 tick winner - which is my favorite kind. I prefer to be out of a trade looking for one than in a trade waiting.

There was a nice move down to previous day lows followed by a nice move up (V Pattern) to just above yesterday highs - followed by some consolidation and some attempts to go higher before eventually coming down again and closing on the day just below the open for a doji candle on the daily.

Missed 1 trade and debated on a couple others that I didn't take which are highlighted on the chart.



Visit my futures io Trade Journal Started this thread Reply With Quote
The following user says Thank You to Charley for this post:
 
(login for full post details)
  #7 (permalink)
 Charley 
San Diego CA USA
 
Experience: Intermediate
Platform: NinjaTrader
Broker: TradeStation / InfinityFutures
Trading: ES,CL
 
Posts: 70 since Jun 2012
Thanks: 116 given, 76 received

After some time off over the holidays I am back and will be posting again - Today was my first day of trading in the new year.

I will be mainly focusing on the 4/8 EMA cross over trades - I am looking for the cross and then a pause in action before entering the trade.
I wont be taking the cross trade blindly - Many times this will also be a 2nd Entry trade. I have circled the trade setups for today.

1st and 3rd trades were ideal - with some consolidation after the cross with room to move before resistance areas -

2nd was a bit more risky with the Active High half way to the target/


Visit my futures io Trade Journal Started this thread Reply With Quote
The following user says Thank You to Charley for this post:
 
(login for full post details)
  #8 (permalink)
 Charley 
San Diego CA USA
 
Experience: Intermediate
Platform: NinjaTrader
Broker: TradeStation / InfinityFutures
Trading: ES,CL
 
Posts: 70 since Jun 2012
Thanks: 116 given, 76 received


Visit my futures io Trade Journal Started this thread Reply With Quote
 
(login for full post details)
  #9 (permalink)
 Charley 
San Diego CA USA
 
Experience: Intermediate
Platform: NinjaTrader
Broker: TradeStation / InfinityFutures
Trading: ES,CL
 
Posts: 70 since Jun 2012
Thanks: 116 given, 76 received

Took one trade on 1/13/14 - which was a loser - was ticked in - then quick stop out at the 15 ticks - then right back to where I was looking for it to go. The second possible trade I didnt take but criteria was valid and it would have been a loser like the first - quick stop out but then back in the expected direction.


Visit my futures io Trade Journal Started this thread Reply With Quote
 
(login for full post details)
  #10 (permalink)
 Charley 
San Diego CA USA
 
Experience: Intermediate
Platform: NinjaTrader
Broker: TradeStation / InfinityFutures
Trading: ES,CL
 
Posts: 70 since Jun 2012
Thanks: 116 given, 76 received


Took two trades today - broke the rules on the first and trailed down stop after up +10 going for 15 ticks - and of course I was stopped out at break even right before price went back down to the target. Second trade on EMA cross going up was a winner.

Same thing happened last week where I took profits early and target was eventually hit. I am getting better at not doing this but its still an issue. But finished in the positive today.

Im starting to look at double bottom and double top reversals - which I have highlighted in as 2. in the image - 2 attempts lower - its likely to move in the opposite direction as Mack and Vance say and Im sure others as well. Just observing and tracking as of now but not taking that trade.


Visit my futures io Trade Journal Started this thread Reply With Quote
 
(login for full post details)
  #11 (permalink)
 Charley 
San Diego CA USA
 
Experience: Intermediate
Platform: NinjaTrader
Broker: TradeStation / InfinityFutures
Trading: ES,CL
 
Posts: 70 since Jun 2012
Thanks: 116 given, 76 received

1 trade today - made early in the morning stopped out right away and then done for day - managed to find the lowest tick of the trading session - pretty good except on the wrong side


Visit my futures io Trade Journal Started this thread Reply With Quote
 
(login for full post details)
  #12 (permalink)
 Charley 
San Diego CA USA
 
Experience: Intermediate
Platform: NinjaTrader
Broker: TradeStation / InfinityFutures
Trading: ES,CL
 
Posts: 70 since Jun 2012
Thanks: 116 given, 76 received

Didn't make any trades on Thursday - but posted charts with some mark ups


Visit my futures io Trade Journal Started this thread Reply With Quote
 
(login for full post details)
  #13 (permalink)
 Charley 
San Diego CA USA
 
Experience: Intermediate
Platform: NinjaTrader
Broker: TradeStation / InfinityFutures
Trading: ES,CL
 
Posts: 70 since Jun 2012
Thanks: 116 given, 76 received

1 Trade today

Early morning move down followed by basically another day of consolidation - some trading opportunities in that range but not for me.


Visit my futures io Trade Journal Started this thread Reply With Quote
 
(login for full post details)
  #14 (permalink)
 Charley 
San Diego CA USA
 
Experience: Intermediate
Platform: NinjaTrader
Broker: TradeStation / InfinityFutures
Trading: ES,CL
 
Posts: 70 since Jun 2012
Thanks: 116 given, 76 received

I haven't posted in awhile - since the last post I have moved form Tradestation to SierraCharts through InfinityBrokers. Similar chart set up and similar trading.

Ill be posting charts again with comments on them - I will be going between SIM trades and Live trades and I will note the difference.

Visit my futures io Trade Journal Started this thread Reply With Quote
 
(login for full post details)
  #15 (permalink)
 Charley 
San Diego CA USA
 
Experience: Intermediate
Platform: NinjaTrader
Broker: TradeStation / InfinityFutures
Trading: ES,CL
 
Posts: 70 since Jun 2012
Thanks: 116 given, 76 received

Sim trades made today


Visit my futures io Trade Journal Started this thread Reply With Quote
The following 2 users say Thank You to Charley for this post:
 
(login for full post details)
  #16 (permalink)
 Charley 
San Diego CA USA
 
Experience: Intermediate
Platform: NinjaTrader
Broker: TradeStation / InfinityFutures
Trading: ES,CL
 
Posts: 70 since Jun 2012
Thanks: 116 given, 76 received

Not a great day here - first two trades were losers - stopped after that - I have chart marked up for other trades I would have taken - more losers.


Visit my futures io Trade Journal Started this thread Reply With Quote
The following user says Thank You to Charley for this post:
 
(login for full post details)
  #17 (permalink)
 Charley 
San Diego CA USA
 
Experience: Intermediate
Platform: NinjaTrader
Broker: TradeStation / InfinityFutures
Trading: ES,CL
 
Posts: 70 since Jun 2012
Thanks: 116 given, 76 received

Arrived late today 3 trades - last 2 are outside the normal hours I would trade


Visit my futures io Trade Journal Started this thread Reply With Quote
The following user says Thank You to Charley for this post:
 
(login for full post details)
  #18 (permalink)
 Charley 
San Diego CA USA
 
Experience: Intermediate
Platform: NinjaTrader
Broker: TradeStation / InfinityFutures
Trading: ES,CL
 
Posts: 70 since Jun 2012
Thanks: 116 given, 76 received

Havent been able to trade recently due to work - took 1 SIM trade today and circled some other good setups that I didnt take

Attached Thumbnails
Click image for larger version

Name:	CL-11-19-14-SIMTrades.png
Views:	50
Size:	71.9 KB
ID:	166570  
Visit my futures io Trade Journal Started this thread Reply With Quote
 
(login for full post details)
  #19 (permalink)
 Charley 
San Diego CA USA
 
Experience: Intermediate
Platform: NinjaTrader
Broker: TradeStation / InfinityFutures
Trading: ES,CL
 
Posts: 70 since Jun 2012
Thanks: 116 given, 76 received

3 Trades - 1 big gain - 1 break even and one loss - Plus 18 ticks on the day


Visit my futures io Trade Journal Started this thread Reply With Quote
 
(login for full post details)
  #20 (permalink)
 Charley 
San Diego CA USA
 
Experience: Intermediate
Platform: NinjaTrader
Broker: TradeStation / InfinityFutures
Trading: ES,CL
 
Posts: 70 since Jun 2012
Thanks: 116 given, 76 received

First 2 trades for the day - 1 loser and 1 winner. 1st trade looking for it to roll over after 2 attempts higher - it did roll over but as I trailed stop down was stopped out for small loss. Missed a second trade as price moved too fast. 2nd trade went short below reversal bar at prev day low.


Visit my futures io Trade Journal Started this thread Reply With Quote
The following user says Thank You to Charley for this post:
 
(login for full post details)
  #21 (permalink)
 Charley 
San Diego CA USA
 
Experience: Intermediate
Platform: NinjaTrader
Broker: TradeStation / InfinityFutures
Trading: ES,CL
 
Posts: 70 since Jun 2012
Thanks: 116 given, 76 received

Two more trades to finish the day


Visit my futures io Trade Journal Started this thread Reply With Quote
 
(login for full post details)
  #22 (permalink)
 Charley 
San Diego CA USA
 
Experience: Intermediate
Platform: NinjaTrader
Broker: TradeStation / InfinityFutures
Trading: ES,CL
 
Posts: 70 since Jun 2012
Thanks: 116 given, 76 received

Very rangy and sloppy today - no trades

Happy Thanksgiving everyone!


Visit my futures io Trade Journal Started this thread Reply With Quote
 
(login for full post details)
  #23 (permalink)
 Charley 
San Diego CA USA
 
Experience: Intermediate
Platform: NinjaTrader
Broker: TradeStation / InfinityFutures
Trading: ES,CL
 
Posts: 70 since Jun 2012
Thanks: 116 given, 76 received

Entered in real account today - Entered on pull back to EMA area with reversal bars - trailed up - stopped at +5 ticks


Visit my futures io Trade Journal Started this thread Reply With Quote
 
(login for full post details)
  #24 (permalink)
 Charley 
San Diego CA USA
 
Experience: Intermediate
Platform: NinjaTrader
Broker: TradeStation / InfinityFutures
Trading: ES,CL
 
Posts: 70 since Jun 2012
Thanks: 116 given, 76 received

Used real account again today on a pull back - had some issues with my chart trading and closed it out when I saw the issue - trailing up would have been nice - but +7


Visit my futures io Trade Journal Started this thread Reply With Quote
 
(login for full post details)
  #25 (permalink)
 Charley 
San Diego CA USA
 
Experience: Intermediate
Platform: NinjaTrader
Broker: TradeStation / InfinityFutures
Trading: ES,CL
 
Posts: 70 since Jun 2012
Thanks: 116 given, 76 received

Two trades +10 - but left a lot on the table. Need to work on sticking to the rules instead of just going flat with a little profit.


Visit my futures io Trade Journal Started this thread Reply With Quote
The following user says Thank You to Charley for this post:
 
(login for full post details)
  #26 (permalink)
 Charley 
San Diego CA USA
 
Experience: Intermediate
Platform: NinjaTrader
Broker: TradeStation / InfinityFutures
Trading: ES,CL
 
Posts: 70 since Jun 2012
Thanks: 116 given, 76 received


Visit my futures io Trade Journal Started this thread Reply With Quote
 
(login for full post details)
  #27 (permalink)
 Charley 
San Diego CA USA
 
Experience: Intermediate
Platform: NinjaTrader
Broker: TradeStation / InfinityFutures
Trading: ES,CL
 
Posts: 70 since Jun 2012
Thanks: 116 given, 76 received

No Live trades today only SIM


Visit my futures io Trade Journal Started this thread Reply With Quote
 
(login for full post details)
  #28 (permalink)
 Charley 
San Diego CA USA
 
Experience: Intermediate
Platform: NinjaTrader
Broker: TradeStation / InfinityFutures
Trading: ES,CL
 
Posts: 70 since Jun 2012
Thanks: 116 given, 76 received


Visit my futures io Trade Journal Started this thread Reply With Quote
 
(login for full post details)
  #29 (permalink)
 Charley 
San Diego CA USA
 
Experience: Intermediate
Platform: NinjaTrader
Broker: TradeStation / InfinityFutures
Trading: ES,CL
 
Posts: 70 since Jun 2012
Thanks: 116 given, 76 received

No Trades - was away from my computer - looking at the charts after the fact I have circled some trades I may have taken.


Visit my futures io Trade Journal Started this thread Reply With Quote
 
(login for full post details)
  #30 (permalink)
 Charley 
San Diego CA USA
 
Experience: Intermediate
Platform: NinjaTrader
Broker: TradeStation / InfinityFutures
Trading: ES,CL
 
Posts: 70 since Jun 2012
Thanks: 116 given, 76 received

1 trade today in real account - trailed stop up - had target in place - didn't move it up and was taken out at +20 ticks - which worked out better than the trail which would have been at +14 ticks.


Visit my futures io Trade Journal Started this thread Reply With Quote
The following user says Thank You to Charley for this post:
 
(login for full post details)
  #31 (permalink)
 Charley 
San Diego CA USA
 
Experience: Intermediate
Platform: NinjaTrader
Broker: TradeStation / InfinityFutures
Trading: ES,CL
 
Posts: 70 since Jun 2012
Thanks: 116 given, 76 received

No trades on 12/10/14
One trade in my live account today - uptrend New High Pull back then a green indecision candle. Entered long above it with stop below it - moved up +3 ticks before reversing and stopping me out. Good trade per my setups just didn't work out. Rest of morning was pretty much range bound until the end of the day started trending down.


Visit my futures io Trade Journal Started this thread Reply With Quote
 
(login for full post details)
  #32 (permalink)
 Charley 
San Diego CA USA
 
Experience: Intermediate
Platform: NinjaTrader
Broker: TradeStation / InfinityFutures
Trading: ES,CL
 
Posts: 70 since Jun 2012
Thanks: 116 given, 76 received

One Trade today +8 ticks


Visit my futures io Trade Journal Started this thread Reply With Quote
 
(login for full post details)
  #33 (permalink)
 Charley 
San Diego CA USA
 
Experience: Intermediate
Platform: NinjaTrader
Broker: TradeStation / InfinityFutures
Trading: ES,CL
 
Posts: 70 since Jun 2012
Thanks: 116 given, 76 received

Not many trades on the week but ended up +16
Ending with a + is always good


Visit my futures io Trade Journal Started this thread Reply With Quote
The following user says Thank You to Charley for this post:
 
(login for full post details)
  #34 (permalink)
 Charley 
San Diego CA USA
 
Experience: Intermediate
Platform: NinjaTrader
Broker: TradeStation / InfinityFutures
Trading: ES,CL
 
Posts: 70 since Jun 2012
Thanks: 116 given, 76 received

1 Trade today - it was profitable (+5) but I flattened early once again - had I followed my rules it would have been much more profitable - This is really something I have to work on. I can't keep closing out the position when I have some gains - I need to let it go and follow the rules.


Visit my futures io Trade Journal Started this thread Reply With Quote
The following 3 users say Thank You to Charley for this post:
 
(login for full post details)
  #35 (permalink)
 Charley 
San Diego CA USA
 
Experience: Intermediate
Platform: NinjaTrader
Broker: TradeStation / InfinityFutures
Trading: ES,CL
 
Posts: 70 since Jun 2012
Thanks: 116 given, 76 received

Started off great with +27 ticks on first trade - felt good followed my rules and had no intention to make any more trades after that first winner - but then for some reason I made another trade and then another trade - both losers - ended even on the day - errrggh!

I made the 2nd trade hoping for a quick move down and I did not have my stop where price action would have suggested I had it closer because I didn't want to risk much - and of course I was stopped out - then the next trade was similar and kind of a revenge trade and I did the exact same thing.




Positives - I have been stopping my trading when up on the day - even if it was a little profit and not forcing new trades (up until today)

Negatives - I have been flattening my positions when I had a little profit and not letting it run -- although I did that today on my first trade - but then I didn't reward myself for doing that as I made two trades I had no business trading.

Visit my futures io Trade Journal Started this thread Reply With Quote
The following 2 users say Thank You to Charley for this post:
 
(login for full post details)
  #36 (permalink)
 Charley 
San Diego CA USA
 
Experience: Intermediate
Platform: NinjaTrader
Broker: TradeStation / InfinityFutures
Trading: ES,CL
 
Posts: 70 since Jun 2012
Thanks: 116 given, 76 received

No trades made today - missed one in the morning - then there was inventory report and the price was moving to fast and too much for me to trade today.

First day Crude made an attempt above its previous days high - but it failed and pulled back and closed into yesterdays range - interesting to see where it goes from here.


Visit my futures io Trade Journal Started this thread Reply With Quote
The following user says Thank You to Charley for this post:
 
(login for full post details)
  #37 (permalink)
 Charley 
San Diego CA USA
 
Experience: Intermediate
Platform: NinjaTrader
Broker: TradeStation / InfinityFutures
Trading: ES,CL
 
Posts: 70 since Jun 2012
Thanks: 116 given, 76 received

No Trades today - Didn't roll over the CL symbol and the chart I was looking had no volume - then opened the new expiration and saw what I missed.

Chart reviews attached



Visit my futures io Trade Journal Started this thread Reply With Quote
The following user says Thank You to Charley for this post:
 
(login for full post details)
  #38 (permalink)
 Charley 
San Diego CA USA
 
Experience: Intermediate
Platform: NinjaTrader
Broker: TradeStation / InfinityFutures
Trading: ES,CL
 
Posts: 70 since Jun 2012
Thanks: 116 given, 76 received

No trades today - there were two that I was watching but was too slow on getting the trade in before it moved down.


Visit my futures io Trade Journal Started this thread Reply With Quote
The following user says Thank You to Charley for this post:
 
(login for full post details)
  #39 (permalink)
 Charley 
San Diego CA USA
 
Experience: Intermediate
Platform: NinjaTrader
Broker: TradeStation / InfinityFutures
Trading: ES,CL
 
Posts: 70 since Jun 2012
Thanks: 116 given, 76 received

Week ended in the green - not the best week -

Lessons learned - made 2 real dumb trades after a great trade which I think affected me the rest of the week - I had been real disciplined up until that point - the big gain got in my head I think - missed CL roll over which cost me a 1 or 2 good trades. Need to stay disciplined and prepare a bit better.


Visit my futures io Trade Journal Started this thread Reply With Quote
The following user says Thank You to Charley for this post:
 
(login for full post details)
  #40 (permalink)
 Charley 
San Diego CA USA
 
Experience: Intermediate
Platform: NinjaTrader
Broker: TradeStation / InfinityFutures
Trading: ES,CL
 
Posts: 70 since Jun 2012
Thanks: 116 given, 76 received

Took some time off over the Holidays from real work and trading. Today is my first day back to trading. Will post my charts later today.

Visit my futures io Trade Journal Started this thread Reply With Quote
 
(login for full post details)
  #41 (permalink)
 Charley 
San Diego CA USA
 
Experience: Intermediate
Platform: NinjaTrader
Broker: TradeStation / InfinityFutures
Trading: ES,CL
 
Posts: 70 since Jun 2012
Thanks: 116 given, 76 received

First trade of the New Year. Waited until probably to late in the down trend to take this trade - I hesitated a few times and then pulled the trigger toward the end of the big move down.

1 trade minus 15 ticks



Visit my futures io Trade Journal Started this thread Reply With Quote
The following user says Thank You to Charley for this post:
 
(login for full post details)
  #42 (permalink)
 Charley 
San Diego CA USA
 
Experience: Intermediate
Platform: NinjaTrader
Broker: TradeStation / InfinityFutures
Trading: ES,CL
 
Posts: 70 since Jun 2012
Thanks: 116 given, 76 received

One Trade today for minus 12 ticks - was looking for price to test previous HOD after Pull back - it did happen but after I was stopped out.


Visit my futures io Trade Journal Started this thread Reply With Quote
The following user says Thank You to Charley for this post:
 
(login for full post details)
  #43 (permalink)
 Charley 
San Diego CA USA
 
Experience: Intermediate
Platform: NinjaTrader
Broker: TradeStation / InfinityFutures
Trading: ES,CL
 
Posts: 70 since Jun 2012
Thanks: 116 given, 76 received

Another day with good setup bars (for me) one was slightly profitable/breakeven and one was a loser. First trade was a pull back to MA area with a reversal bar - looking for it to retest days lows. Started to move down - and tightened stop to +2 once I was up +10 and next bar was a total reversal and stopped out. Price started trending up with a nice pull back and reversal bar - and was stopped out. -10 on the day.


Visit my futures io Trade Journal Started this thread Reply With Quote
The following user says Thank You to Charley for this post:
 
(login for full post details)
  #44 (permalink)
 Charley 
San Diego CA USA
 
Experience: Intermediate
Platform: NinjaTrader
Broker: TradeStation / InfinityFutures
Trading: ES,CL
 
Posts: 70 since Jun 2012
Thanks: 116 given, 76 received

One Live trade on a Fast MA Cross up with a consolidation - trailed up - was looking for move to OR High - didnt quite get there +6 on the trade.

Not the best week of trading but finished on +


Visit my futures io Trade Journal Started this thread Reply With Quote
The following 2 users say Thank You to Charley for this post:
 
(login for full post details)
  #45 (permalink)
 Charley 
San Diego CA USA
 
Experience: Intermediate
Platform: NinjaTrader
Broker: TradeStation / InfinityFutures
Trading: ES,CL
 
Posts: 70 since Jun 2012
Thanks: 116 given, 76 received


Visit my futures io Trade Journal Started this thread Reply With Quote
The following user says Thank You to Charley for this post:
 
(login for full post details)
  #46 (permalink)
 Charley 
San Diego CA USA
 
Experience: Intermediate
Platform: NinjaTrader
Broker: TradeStation / InfinityFutures
Trading: ES,CL
 
Posts: 70 since Jun 2012
Thanks: 116 given, 76 received


Visit my futures io Trade Journal Started this thread Reply With Quote
The following user says Thank You to Charley for this post:
 
(login for full post details)
  #47 (permalink)
 Charley 
San Diego CA USA
 
Experience: Intermediate
Platform: NinjaTrader
Broker: TradeStation / InfinityFutures
Trading: ES,CL
 
Posts: 70 since Jun 2012
Thanks: 116 given, 76 received

1 trade today not great looking for double top and quick move down it held up at at the MA's so I flattened at +5

The rest of the day kind of rangy - nothing stood out to me.



Visit my futures io Trade Journal Started this thread Reply With Quote
The following user says Thank You to Charley for this post:
 
(login for full post details)
  #48 (permalink)
 Charley 
San Diego CA USA
 
Experience: Intermediate
Platform: NinjaTrader
Broker: TradeStation / InfinityFutures
Trading: ES,CL
 
Posts: 70 since Jun 2012
Thanks: 116 given, 76 received

No trades today - nothing jumped out at me during the day. Chart review below


Visit my futures io Trade Journal Started this thread Reply With Quote
The following user says Thank You to Charley for this post:
 
(login for full post details)
  #49 (permalink)
 Charley 
San Diego CA USA
 
Experience: Intermediate
Platform: NinjaTrader
Broker: TradeStation / InfinityFutures
Trading: ES,CL
 
Posts: 70 since Jun 2012
Thanks: 116 given, 76 received

No trades the last few days up until today - was busy with other things.
2 good entries - but trailed both way to tight -1 on the day


Visit my futures io Trade Journal Started this thread Reply With Quote
The following user says Thank You to Charley for this post:
 
(login for full post details)
  #50 (permalink)
 Charley 
San Diego CA USA
 
Experience: Intermediate
Platform: NinjaTrader
Broker: TradeStation / InfinityFutures
Trading: ES,CL
 
Posts: 70 since Jun 2012
Thanks: 116 given, 76 received

Two trades today on pull backs with stochastic pullbacks 1 loser and 1 winner. I also made my first video today and will post it tomorrow- no sound. -3 ticks on the day


Visit my futures io Trade Journal Started this thread Reply With Quote
The following 2 users say Thank You to Charley for this post:
 
(login for full post details)
  #51 (permalink)
 Charley 
San Diego CA USA
 
Experience: Intermediate
Platform: NinjaTrader
Broker: TradeStation / InfinityFutures
Trading: ES,CL
 
Posts: 70 since Jun 2012
Thanks: 116 given, 76 received

Didnt think I was going to trade but saw one setup I liked - 1 Trade today +9

I couldnt get yesterdays video to work - but tried again today .


Attached Files
Register to download File Type: mp4 1-23-15-Trade2-Video.mp4 (47.45 MB, 34 views)
Visit my futures io Trade Journal Started this thread Reply With Quote
The following user says Thank You to Charley for this post:
 
(login for full post details)
  #52 (permalink)
 Charley 
San Diego CA USA
 
Experience: Intermediate
Platform: NinjaTrader
Broker: TradeStation / InfinityFutures
Trading: ES,CL
 
Posts: 70 since Jun 2012
Thanks: 116 given, 76 received

Week 1-16-15



Week 1-23-15

Visit my futures io Trade Journal Started this thread Reply With Quote
The following user says Thank You to Charley for this post:
 
(login for full post details)
  #53 (permalink)
 Charley 
San Diego CA USA
 
Experience: Intermediate
Platform: NinjaTrader
Broker: TradeStation / InfinityFutures
Trading: ES,CL
 
Posts: 70 since Jun 2012
Thanks: 116 given, 76 received

1 trade 1 loser - ticked in and reversed on me -11


Attached Files
Register to download File Type: mp4 1-26-15-Trade2-Video.mp4 (18.63 MB, 21 views)
Visit my futures io Trade Journal Started this thread Reply With Quote
The following 2 users say Thank You to Charley for this post:


futures io Trading Community Trading Journals > Trading The Setup


Last Updated on January 26, 2015


Upcoming Webinars and Events
 

NinjaTrader Indicator Challenge!

Ongoing

NEW BlackBird Features + FOREX Support w/Jeremy Tang @ SharkIndicators

Elite only
 

Our 12-year anniversary w/ $$,$$$ prizes (check soon)

June
     



Copyright © 2021 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