JB SPI daytrading and FX fuller method - Trading Journals | futures io social day trading
futures io futures trading


JB SPI daytrading and FX fuller method
Updated: Views / Replies:1,983 / 21
Created: by JohnnyBadger Attachments:1

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 100,000 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

Thread Tools Search this Thread

JB SPI daytrading and FX fuller method

  #21 (permalink)
Elite Member
Melbourne, Australia
Futures Experience: Advanced
Platform: Multicharts, Esignal, Amibroker
Broker/Data: CQG/AMP, IB, DTN-IQ Feed
Favorite Futures: SPI, EMD, CL, ZS
Posts: 40 since Oct 2013
Thanks: 5 given, 45 received

JohnnyBadger View Post
To be honest my trading hasn't found a good rhythm. I've been trying to get two similar methods working towards the one goal. Current result is poor success. This week I focused on day trading the SPI, although at the start of the week that wasn't the plan. Profits are miniscule and it took so very much focus and energy that this approach drowned any energy I had for other trading endeavors. At the end of most days I was glad when time reached 4.30pm Australian EST. Whether it be a loss or a win, I'll get away.

One asks themselves? Stay solid and tough or be smart and change? Should I keep moving in the same direction or should I change my approach?

Fact, 2015 is coming fast. I want everything to flow. Always in the back of my mind it screams don't day trade. Use the longer term charts because.

One side of me says, No! you can create something great out of the day trading and the other side of me says the whole method is too much for me to handle.

This week I'm going to flip flop from last week. The focus is to be on the six crosses and less on the SPI (day tradeing). I'm going to work with the longer term charts. It means a whole different mindset. It means, changing sides without feeling guilty.

It means a change of routine but not skills.

Much respect for the futures.io (formerly BMT) crew and any comments are welcome.

This post really resonated with me, I think because I was in this position once and I know many other traders have been also.
It always catches my attention when I see people on here talking about the SPI because not many people trade it when you compare it to CL, ES, YM etc... not to mention the high tick value of $25 which makes it more difficult. (unless you use CFD's)

I think the answers to all your questions are within what you have posted.
You have success with longer term charts, but you want to change to a day trading approach because you like the idea of being a day trader. I guess both styles have their merits, long term (takes less time out of your day, less stressful, ability to catch those macro trends..etc) Short term (no overnight risk, done by 4:30, more exciting, draw down recovery time is less) But if it ain't broke do you need to fix it? Perhaps you see more opportunity in short term trading but you haven't managed to adapt to it yet.

I went through the same thing, since I started trading the SPI I have been consistently profitably, and it was the first futures contract I ever traded, but this was after losing money trading stocks, CFD's and FX for a while.

I started trading the SPI using the 1 Hour chart holding positions overnight or only for hours or minutes. I then switched to a 5 range chart (still eyeballing the 1 hour chart), then the 3 range chart, which helped me. I also only use a DOM to place my orders as well. I recommend not trading the SPI during the first 3 weeks of the year as well.

Reply With Quote
The following user says Thank You to RADO for this post:
  #22 (permalink)
Trading Apprentice
Perth Western Australia Australia
Futures Experience: Intermediate
Platform: Metatrader
Favorite Futures: CFD
Posts: 19 since Nov 2014
Thanks: 1 given, 0 received

Back trading,

The current intention is to take positions on the major currencies, commodities and indices using CFDs. Trade ideas will be generated off 4hr and Daily charts. Basic style of risk-reward management primarily using traditional swing patterns and moving averages.

SPI-XJO day trading is off for the time being.

I plan to keep this journal updated two or three times a week.

Reply With Quote


futures io > > > JB SPI daytrading and FX fuller method

Thread Tools Search this Thread
Search this Thread:

Advanced Search

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

Fundraiser: Feeding Families in Need (ends Dec 17)


Ask Me Anything (Brokers & Platforms) w/Ilan Levy Mayer @ Cannon Trading

Dec 13

Battlestations! Show us your trading desks w/GFF Brokers ($750 in Prizes)


Similar Threads
Thread Thread Starter Forum Replies Last Post
www.learntotradethemarket.com (Nial Fuller price action) Cloudy Trading Reviews and Vendors 2 September 19th, 2018 01:47 PM
Trading Forex With Nial Fuller style Ali Huzaifa Trading Journals 2 January 6th, 2016 07:51 PM
SPI with AB wombat40 AmiBroker 3 November 3rd, 2014 09:12 AM
Daytrading EU markets with Perrys method kajojel Elite Trading Journals 69 April 11th, 2012 01:48 PM
COMPLAINT | JIM FULLER, CLERK OF THE COURT, DUVAL COUNTY, FLORIDA vs MORTGAGE ELECTRO Quick Summary News and Current Events 0 November 11th, 2011 07:50 PM

1 hour chart, atm, breakout, brett steenbarger, cfd, cl, commodities, day session, day trade, day trading, daytrading, dom, dow, ema, es, forex, futures, information, journal, limit order, long term, momentum, overnight session, patterns, pivots, position size, price action, profitable, range chart, resistance, review, reward, risk-reward, short term, signals, spread, steenbarger, strategy, swing, trading, trend, trends, type, update, value area, volume

All times are GMT -4. The time now is 02:23 PM. (this page content is cached, log in for real-time version)

Copyright © 2018 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 2018-12-13 in 0.09 seconds with 15 queries on phoenix