COMMON SENSE - futures io
futures io futures trading



COMMON SENSE


Discussion in Trading Journals

Updated by mfbreakout
      Top Posters
    1. looks_one mfbreakout with 980 posts (2,731 thanks)
    2. looks_two sandptrader with 64 posts (128 thanks)
    3. looks_3 alejo with 36 posts (38 thanks)
    4. looks_4 madLyfe with 24 posts (25 thanks)
      Best Posters
    1. looks_one Surly with 3.4 thanks per post
    2. looks_two mfbreakout with 2.8 thanks per post
    3. looks_3 jthom with 2.6 thanks per post
    4. looks_4 sandptrader with 2.0 thanks per post
    1. trending_up 110,000 views
    2. thumb_up 3,302 thanks given
    3. group 63 followers
    1. forum 1,262 replies
    2. attach_file 811 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)

Closed Thread
 
Search this Thread
 

COMMON SENSE

(login for full post details)
  #961 (permalink)
BOSTON, MA
 
Experience: Advanced
Platform: Tradestation, TOS
Trading: commodities, TF
 
mfbreakout's Avatar
 
Posts: 7,244 since Oct 2010
Thanks: 3,467 given, 15,279 received

Aussie $ which starts trading 6 pm eastern time can be a good trading instruement. I have ben testing it for some time now. When there are macro head winds then it makes sense to trade. Otherwise i do not find them suitable for my way of trading. It's been getting sold for 5 weeks now. Big gap down right at open.



My posts are not meant to give financial advice neither do they imply that my method is special. "THIS IS WHAT I COULD BE IF I HAD A TOTALLY CARE FREE STATE OF MIND DURING TRADING" Mark Douglas.
Attached Thumbnails
Click image for larger version

Name:	2014-11-02_1947___6aShort.png
Views:	57
Size:	125.6 KB
ID:	164343   Click image for larger version

Name:	2014-11-02_2004_6a_short.png
Views:	50
Size:	112.2 KB
ID:	164344  
Visit my futures io Trade Journal
The following 5 users say Thank You to mfbreakout for this post:

Can you help answer these questions
from other members on futures io?
Export Price & Volume Profile/Footprint Data to create a Statistical Analysis Sheet
NinjaTrader
Indicator Conversion
Sierra Chart
Market data
Traders Hideout
Can Tradingviews Drawing tool create limit order
Platforms and Indicators
Tick based Renko bars for Ninjatrader ?
NinjaTrader
 
 
(login for full post details)
  #962 (permalink)
BOSTON, MA
 
Experience: Advanced
Platform: Tradestation, TOS
Trading: commodities, TF
 
mfbreakout's Avatar
 
Posts: 7,244 since Oct 2010
Thanks: 3,467 given, 15,279 received

Susie Wolf has been preparing for this all her life. If you feel pressure while trading as position goes against you for 10 minutes by so many ticks or whatever, think about pressure Susie has to endure with entire world watching.






My posts are not meant to give financial advice neither do they imply that my method is special. "THIS IS WHAT I COULD BE IF I HAD A TOTALLY CARE FREE STATE OF MIND DURING TRADING" Mark Douglas.
Visit my futures io Trade Journal
The following 2 users say Thank You to mfbreakout for this post:
 
(login for full post details)
  #963 (permalink)
BOSTON, MA
 
Experience: Advanced
Platform: Tradestation, TOS
Trading: commodities, TF
 
mfbreakout's Avatar
 
Posts: 7,244 since Oct 2010
Thanks: 3,467 given, 15,279 received


Long ZS.



My posts are not meant to give financial advice neither do they imply that my method is special. "THIS IS WHAT I COULD BE IF I HAD A TOTALLY CARE FREE STATE OF MIND DURING TRADING" Mark Douglas.
Attached Thumbnails
Click image for larger version

Name:	2014-11-03_0644_zs_weekly.png
Views:	49
Size:	128.3 KB
ID:	164378  
Visit my futures io Trade Journal
The following 2 users say Thank You to mfbreakout for this post:
 
(login for full post details)
  #964 (permalink)
BOSTON, MA
 
Experience: Advanced
Platform: Tradestation, TOS
Trading: commodities, TF
 
mfbreakout's Avatar
 
Posts: 7,244 since Oct 2010
Thanks: 3,467 given, 15,279 received

KC- stopped out after 3 days.



My posts are not meant to give financial advice neither do they imply that my method is special. "THIS IS WHAT I COULD BE IF I HAD A TOTALLY CARE FREE STATE OF MIND DURING TRADING" Mark Douglas.
Attached Thumbnails
Click image for larger version

Name:	2014-11-03_0718_KC.png
Views:	36
Size:	116.3 KB
ID:	164379  
Visit my futures io Trade Journal
The following 2 users say Thank You to mfbreakout for this post:
 
(login for full post details)
  #965 (permalink)
BOSTON, MA
 
Experience: Advanced
Platform: Tradestation, TOS
Trading: commodities, TF
 
mfbreakout's Avatar
 
Posts: 7,244 since Oct 2010
Thanks: 3,467 given, 15,279 received


mfbreakout View Post
My prayer for Monday morning trading session for Crude ?I will be jumping up and down with excitement if Crude moves from closing price of 80.70 on friday to 82.70 area price during Globex session. I will short it. It's easier to short bounces within a bearish trend. If CL price just lingers around $80 area by the time NY session opens- it will be disappointing. Why? becuase i will have to wait GOD knows how long for CL to go up higher to get smacked down.

It's not advisable to short a DULL market.


It's only a wish to define risk. I do not have " CL will do this or should do this" in my vocubulary. 100-150 ticks moves are quite predictable- any thing out side this band is just a GIFT and i have no idea when , where and why those moves come.



My posts are not meant to give financial advice neither do they imply that my method is special. "THIS IS WHAT I COULD BE IF I HAD A TOTALLY CARE FREE STATE OF MIND DURING TRADING" Mark Douglas.
Attached Thumbnails
Click image for larger version

Name:	2014-11-03_0729_wish_list.png
Views:	53
Size:	189.9 KB
ID:	164382  
Visit my futures io Trade Journal
The following 3 users say Thank You to mfbreakout for this post:
 
(login for full post details)
  #966 (permalink)
Valdosta, GA. U.S.A
 
Experience: Advanced
Platform: Sierra , TOS
Trading: 6E, ES, CL, GC
 
Posts: 498 since Sep 2010
Thanks: 1,880 given, 472 received

CL ..Broke below ORL...Shorted below 80.70 for some Ticks, and FLAT as seems to be Staled...Watching
No time to post Chart.


Correction ...Continuation Down...

Charts showing a Nice Trade down...we Broke below ORL with Divergence set up, and headed Down until Divergence formed again.

I should have held on to the Trade until there were Signs/Evidence of a turn.
I am Not saying CL will not continue Down...just pointing out what i should have done.

Attached Thumbnails
Click image for larger version

Name:	CL 12-14 (8 BetterRenko)  11_3_2014.jpg
Views:	30
Size:	129.7 KB
ID:	164397   Click image for larger version

Name:	CL 12-14 (8 BetterRenko)  11_3_2014B.jpg
Views:	29
Size:	131.2 KB
ID:	164398   Click image for larger version

Name:	CL 12-14 (8 BetterRenko)  11_3_2014C.jpg
Views:	27
Size:	144.9 KB
ID:	164403  
The following user says Thank You to sandptrader for this post:
 
(login for full post details)
  #967 (permalink)
Valdosta, GA. U.S.A
 
Experience: Advanced
Platform: Sierra , TOS
Trading: 6E, ES, CL, GC
 
Posts: 498 since Sep 2010
Thanks: 1,880 given, 472 received

Looks Weak...Shorted

Flat...watching

Scalps in both ZS and CL this morning....Great Entries...but Exits are way to soon....working on it...i am aware this is my weakness.

The following user says Thank You to sandptrader for this post:
 
(login for full post details)
  #968 (permalink)
BOSTON, MA
 
Experience: Advanced
Platform: Tradestation, TOS
Trading: commodities, TF
 
mfbreakout's Avatar
 
Posts: 7,244 since Oct 2010
Thanks: 3,467 given, 15,279 received


sandptrader View Post
CL ..Broke below ORL...Shorted below 80.70 for some Ticks, and FLAT as seems to be Staled...Watching
No time to post Chart.


Correction ...Continuation Down...

Charts showing a Nice Trade down...we Broke below ORL with Divergence set up, and headed Down until Divergence formed again.

I should have held on to the Trade until there were Signs/Evidence of a turn.
I am Not saying CL will not continue Down...just pointing out what i should have done.

Nice trade. Don't worry about posting charts/ trades in real time. Post once you have time. This is not a trade calling journal. All we trying to do is that if someone is trying to go long in an area and you took a short in that area, maybe it will help someone to see why long did or did not made sense there.



My posts are not meant to give financial advice neither do they imply that my method is special. "THIS IS WHAT I COULD BE IF I HAD A TOTALLY CARE FREE STATE OF MIND DURING TRADING" Mark Douglas.
Visit my futures io Trade Journal
The following user says Thank You to mfbreakout for this post:
 
(login for full post details)
  #969 (permalink)
BOSTON, MA
 
Experience: Advanced
Platform: Tradestation, TOS
Trading: commodities, TF
 
mfbreakout's Avatar
 
Posts: 7,244 since Oct 2010
Thanks: 3,467 given, 15,279 received

Since sandptrader took short, i may as well. Out 79.80 area. Looking for shorts.



My posts are not meant to give financial advice neither do they imply that my method is special. "THIS IS WHAT I COULD BE IF I HAD A TOTALLY CARE FREE STATE OF MIND DURING TRADING" Mark Douglas.
Attached Thumbnails
Click image for larger version

Name:	2014-11-03_0921_open_short.png
Views:	45
Size:	139.1 KB
ID:	164410  
Visit my futures io Trade Journal
The following 2 users say Thank You to mfbreakout for this post:
 
(login for full post details)
  #970 (permalink)
Valdosta, GA. U.S.A
 
Experience: Advanced
Platform: Sierra , TOS
Trading: 6E, ES, CL, GC
 
Posts: 498 since Sep 2010
Thanks: 1,880 given, 472 received


6A...Example of OR levels....and Trades that could have been taken.
@mfbreakout....Shorted below ORL in Asian Session for Big Cash.......Great Trade.
Price returned to ORL for a Divergence set up for re-entry Short.

Hope you do not mind....thought this would be Relevant to your Method...although i did miss the Trade...i am trying to follow and document, as i intend to add this Strategy to my Trading.
I do have to learn to hold Longer on most of my Trades...which is what you mention to try and do.

Attached Thumbnails
Click image for larger version

Name:	6A 15M.png
Views:	48
Size:	59.5 KB
ID:	164412  
The following 2 users say Thank You to sandptrader for this post:

Closed Thread

futures io Trading Community Trading Journals > COMMON SENSE


November 27, 2014


Upcoming Webinars and Events
 

Battlestations!

January
     



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