NMTraders ES Journal - Trading Journals | futures io social day trading
futures io futures trading


NMTraders ES Journal
Updated: Views / Replies:6,349 / 50
Created: by NMTrader Attachments:45

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

Reply
 45  
 
Thread Tools Search this Thread
 

NMTraders ES Journal

  #31 (permalink)
Elite Member
New Mexico, USA
 
Futures Experience: Intermediate
Platform: NinjaTrader
Broker/Data: AMP/CQG
Favorite Futures: ES
 
NMTrader's Avatar
 
Posts: 77 since Jun 2009
Thanks: 28 given, 35 received

record100,

I look for a divergence on my RSI chart (top right) and also another chart I use to verify has been Crude oil (CL) at 20 ticks (not shown in snapshot). The Cl has been leading the ES lately.

After both RSI and leading chart confirm reversal I'll enter at the first tick past hook point. I will then place my stop two ticks below the low pivot point. If you use 3 contracts your targets would be the mid-keltner line and the second target the upper keltner line (in this case since we are going long). The third can be used as a runner or you can set a target also as I did today at one of the major fib retracement levels.

There is another way to limit loses if the hook is far... get in right after the first bar reverses thereby having less risk in the trade.

I hope this gives you an insight. It is really very simple and basic.

Regards, NMTrader
Reply With Quote
The following user says Thank You to NMTrader for this post:
 
  #32 (permalink)
Elite Member
New Mexico, USA
 
Futures Experience: Intermediate
Platform: NinjaTrader
Broker/Data: AMP/CQG
Favorite Futures: ES
 
NMTrader's Avatar
 
Posts: 77 since Jun 2009
Thanks: 28 given, 35 received

Hi Yuvalw,

Todays chart is in Mountain time.

Regards, NMTrader
Reply With Quote
 
  #33 (permalink)
Site Administrator
Manta, Ecuador
 
Futures Experience: Advanced
Platform: My own custom solution
Favorite Futures: E-mini ES S&P 500
 
Big Mike's Avatar
 
Posts: 46,238 since Jun 2009
Thanks: 29,350 given, 83,214 received



NMTrader View Post
I look for a divergence on my RSI chart (top right) and also another chart I use to verify has been Crude oil (CL) at 20 ticks (not shown in snapshot). The Cl has been leading the ES lately.

If you have time to start another thread, I'd love to see a new thread/discussion solely on trading divergences... it is something I've never been very good at.

Mike

Due to time constraints, please do not PM me if your question can be resolved or answered on the forum.

Need help?
1) Stop changing things. No new indicators, charts, or methods. Be consistent with what is in front of you first.
2) Start a journal and post to it daily with the trades you made to show your strengths and weaknesses.
3) Set goals for yourself to reach daily. Make them about how you trade, not how much money you make.
4) Accept responsibility for your actions. Stop looking elsewhere to explain away poor performance.
5) Where to start as a trader? Watch this webinar and read this thread for hundreds of questions and answers.
6)
Help using the forum? Watch this video to learn general tips on using the site.

If you want
to support our community, become an Elite Member.

Reply With Quote
 
  #34 (permalink)
Elite Member
New Mexico, USA
 
Futures Experience: Intermediate
Platform: NinjaTrader
Broker/Data: AMP/CQG
Favorite Futures: ES
 
NMTrader's Avatar
 
Posts: 77 since Jun 2009
Thanks: 28 given, 35 received

Hi Mike,

I sure will!! Be sure to chime in.

Regards, NMTrader
Reply With Quote
 
  #35 (permalink)
Elite Member
New Mexico, USA
 
Futures Experience: Intermediate
Platform: NinjaTrader
Broker/Data: AMP/CQG
Favorite Futures: ES
 
NMTrader's Avatar
 
Posts: 77 since Jun 2009
Thanks: 28 given, 35 received

I had a medical appointment today so I did not trade. Until tomorrow!


Regards, NMTrader
Reply With Quote
 
  #36 (permalink)
Elite Member
New Mexico, USA
 
Futures Experience: Intermediate
Platform: NinjaTrader
Broker/Data: AMP/CQG
Favorite Futures: ES
 
NMTrader's Avatar
 
Posts: 77 since Jun 2009
Thanks: 28 given, 35 received

My Journal for Wednesday, 29, 2009. I had one quick and deadly trade. Out for the day per my daily loss limit. Read my chart and journal for further details.

Until tomorrow,
Later,

Regards, NMTrader
Attached Thumbnails
NMTraders ES Journal-7-29-2009-11-59-26-am.png   NMTraders ES Journal-7-29-2009-12-08-53-pm.png  
Attached Files
Register to download File Type: docx Trading Journal Wednesday 7-29-09.docx (275.0 KB, 17 views)
Reply With Quote
 
  #37 (permalink)
Elite Member
New Mexico, USA
 
Futures Experience: Intermediate
Platform: NinjaTrader
Broker/Data: AMP/CQG
Favorite Futures: ES
 
NMTrader's Avatar
 
Posts: 77 since Jun 2009
Thanks: 28 given, 35 received

Well I never thought It could happen but I traded all day and did not take a single trade! The surprising thing about it is that I feel great that I did not as I look back at the charts for today.

I have attached a couple of snapshots of my normal methodology that I trade and am now trading live exclusively. While I look at and trade the EOTPRO in sim to get a better feel for it and make a decision as to its usefulness for me.

Take a look...I have included comments on each.

Till tomorrow!!


Regards, NMTrader
Attached Thumbnails
NMTraders ES Journal-7-30-2009-2-04-17-pm.png   NMTraders ES Journal-7-30-2009-2-05-58-pm.png  

Last edited by NMTrader; July 30th, 2009 at 05:36 PM.
Reply With Quote
The following 2 users say Thank You to NMTrader for this post:
 
  #38 (permalink)
Elite Member
Frankfurt
 
Futures Experience: Intermediate
Platform: NinjaTrader
Favorite Futures: FGBL 6E B4
 
max-td's Avatar
 
Posts: 1,754 since Jun 2009
Thanks: 2,309 given, 917 received

congratulation, NM !

i really know this feeling - although it sounds a bit grazy and people who havent "enjoyed" that yet, cant realy understand it :

as daytrader beeing happy with having taken NO trades !

But it shows the high quality of a system / set of rules
it prevents you of a loss in special market-conditions (this realy could be a whole day)
and so at the end this is a winning day for you !

max-td
Reply With Quote
 
  #39 (permalink)
Elite Member
New Mexico, USA
 
Futures Experience: Intermediate
Platform: NinjaTrader
Broker/Data: AMP/CQG
Favorite Futures: ES
 
NMTrader's Avatar
 
Posts: 77 since Jun 2009
Thanks: 28 given, 35 received

Thanks Max-td,

It really helps to have support from peers in the trading world like yourself!!

Good trading!!

Regards, NMTrader

Last edited by NMTrader; July 31st, 2009 at 09:11 PM.
Reply With Quote
 
  #40 (permalink)
Elite Member
New Mexico, USA
 
Futures Experience: Intermediate
Platform: NinjaTrader
Broker/Data: AMP/CQG
Favorite Futures: ES
 
NMTrader's Avatar
 
Posts: 77 since Jun 2009
Thanks: 28 given, 35 received


Today's Journal was again short and sweet except that there was one trade for the day. I was spooked the rest of the day with the market since it was so jumpy at times and semi-narrow range to boot. So I feel fortunate in getting one winning trade out of todays market!!

Everyone have a great weekend and get rejuvinated and ready to trade next week...the start of a new month!!! Yep, August already....can ya believe it!!

Adios and Peace!!


Regards, NMTrader
Attached Thumbnails
NMTraders ES Journal-7-31-2009-5-51-35-pm.png   NMTraders ES Journal-7-31-2009-2-11-35-pm.png  
Attached Files
Register to download File Type: docx Trading Journal Friday 7-31-09.docx (270.5 KB, 9 views)

Last edited by NMTrader; July 31st, 2009 at 10:42 PM. Reason: cannot open trading journal docx
Reply With Quote

Reply



futures io > > > NMTraders ES Journal

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
Tundi's ES Journal Tundi Trading Journals 15 March 3rd, 2011 10:48 PM
Alex ES Journal arodrigu Elite Trading Journals 22 July 13th, 2010 10:48 PM
quantum27 ES trading journal quantum27 Trading Journals 46 December 14th, 2009 03:06 AM
ES Newbie Journal benharrell Trading Journals 17 August 20th, 2009 06:57 PM


All times are GMT -4. The time now is 03:51 AM.

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 2017-12-11 in 0.12 seconds with 20 queries on phoenix via your IP 54.226.113.250