Spikebuck77's trading journey - Trading Journals | futures io social day trading
futures io futures trading


Spikebuck77's trading journey
Updated: Views / Replies:3,749 / 33
Created: by spikebuck77 Attachments:9

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
 9  
 
Thread Tools Search this Thread
 

Spikebuck77's trading journey

  #1 (permalink)
Elite Member
Britton, Michigan
 
Futures Experience: Intermediate
Platform: Ninjatrader
Favorite Futures: CL and ES
 
spikebuck77's Avatar
 
Posts: 65 since May 2011
Thanks: 208 given, 28 received

Spikebuck77's trading journey

I have been trading for a few years full time. I had started doing daily forecasts on Twitter, but decided to bring my work to the Big Mike Trading community now.

I have run the gambit as far as trading goes. I started out in stocks, spent a moment in Forex, and came to the futures market. I have done some extensive programming on various instruments and have discovered that whatever edge I find is fleeting as other programs stumble across the same edge and it ends up canceling it out.

I have been discretionary for a couple years now. I have been doing homework on the markets during that time and have always struggled that I am very often correct on the day's direction but end up in the red. I am going to try something new here now. In addition to scalping the ES, I will be taking on the M6E and start swing trading. My forecasting has always seemed to be my greatest strength so it only makes sense to apply my trading to it in a more direct fashion.

Reply With Quote
The following user says Thank You to spikebuck77 for this post:
 
  #2 (permalink)
Quick Summary
Quick Summary Post

Quick Summary is created and edited by users like you... Add FAQ's, Links and other Relevant Information by clicking the edit button in the lower right hand corner of this message.

 
  #3 (permalink)
Elite Member
Britton, Michigan
 
Futures Experience: Intermediate
Platform: Ninjatrader
Favorite Futures: CL and ES
 
spikebuck77's Avatar
 
Posts: 65 since May 2011
Thanks: 208 given, 28 received


I will be talking about the 6E but when I place a trade, I will do so on the M6E.

2-9-15
The Euro is in a long term down trend in a race toward parity. In the intermediate term it has been in balance and made a counter trend pop up on 2-3. This pop did not find any buyers and immediately fell back into balance. On the 9th, sellers stepped in at 1.1354 but could not take out the lows. They defended this level three times in the session and the day ended up neutral. Sellers are willing to defend their levels but are not eager to keep pushing to new lows. In the overall picture we are still balancing at a CHVN.

On Tuesday, if sellers cannot take this to new lows I am expecting 1.1354 to be tested again. The probability of it holding a fourth time is very low. If buyers prevail I am expecting 1.1461.
Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).

Reply With Quote
The following user says Thank You to spikebuck77 for this post:
 
  #4 (permalink)
Elite Member
Britton, Michigan
 
Futures Experience: Intermediate
Platform: Ninjatrader
Favorite Futures: CL and ES
 
spikebuck77's Avatar
 
Posts: 65 since May 2011
Thanks: 208 given, 28 received

It looks like the lows are holding, expecting 1.1332 and then maybe 1.1460. The second target might not get filled today.

Reply With Quote
 
  #5 (permalink)
Elite Member
Britton, Michigan
 
Futures Experience: Intermediate
Platform: Ninjatrader
Favorite Futures: CL and ES
 
spikebuck77's Avatar
 
Posts: 65 since May 2011
Thanks: 208 given, 28 received

1.1332(my first target) and ended up being the top of the Chicago RTH session.

Today was balanced in line with yesterday. This pause in my opinion represents a lack of participation by the buyers and the sellers. We are still in intermediate balance. But the last two days pause would still favor the down side because the recent auction has failed to break out of balance at the top. Now that the buyers had a second chance to take things back up from the bottom of the range and once again passed. These two criteria should give sellers confidence to make a new run for the lows tomorrow. 1.1297 would be my downside target for tomorrow.

Reply With Quote
 
  #6 (permalink)
Elite Member
Britton, Michigan
 
Futures Experience: Intermediate
Platform: Ninjatrader
Favorite Futures: CL and ES
 
spikebuck77's Avatar
 
Posts: 65 since May 2011
Thanks: 208 given, 28 received

The 6E made a nice move down through our target and tested a prior balance area from the 10th. The market rallied from there and tested the London session VPOC. The test held and the market traded back to the mid of the pit session.

The market is still in balance with buyers and sellers defending their positions. The market is still in an overall downtrend but the selling is on hold for the moment.

If we open in range on Thursday expect more trading without conviction on low volume. The test of 1.1286 looked pretty convincing so I will favor the buy side on Thursday. 1.1349 will be my first target with 1.1371 next.

Reply With Quote
 
  #7 (permalink)
Elite Member
Britton, Michigan
 
Futures Experience: Intermediate
Platform: Ninjatrader
Favorite Futures: CL and ES
 
spikebuck77's Avatar
 
Posts: 65 since May 2011
Thanks: 208 given, 28 received

On Thursday the market rallied like I said in my previous post. It zipped up through the poorly auctioned day of the 6th. On Friday, I am expecting at least a test of 1.1450. This is an area of previous balance where sellers could be activated. If sellers do not come in there, 1.1539 is next up.

Reply With Quote
 
  #8 (permalink)
Elite Member
Britton, Michigan
 
Futures Experience: Intermediate
Platform: Ninjatrader
Favorite Futures: CL and ES
 
spikebuck77's Avatar
 
Posts: 65 since May 2011
Thanks: 208 given, 28 received

The market rallied to within three ticks of my initial target in the London session and started selling off, so this morning I will be waiting interested in the 1.1391 area to see if buyers step in.

Reply With Quote
The following user says Thank You to spikebuck77 for this post:
 
  #9 (permalink)
Elite Member
Britton, Michigan
 
Futures Experience: Intermediate
Platform: Ninjatrader
Favorite Futures: CL and ES
 
spikebuck77's Avatar
 
Posts: 65 since May 2011
Thanks: 208 given, 28 received

Buyers held 1.1391 so I am looking for 1.1435

Reply With Quote
 
  #10 (permalink)
Elite Member
Britton, Michigan
 
Futures Experience: Intermediate
Platform: Ninjatrader
Favorite Futures: CL and ES
 
spikebuck77's Avatar
 
Posts: 65 since May 2011
Thanks: 208 given, 28 received


Nice move up to our target after the negative EU news release.

Reply With Quote

Reply



futures io > > > Spikebuck77's trading journey

Thread Tools Search this Thread
Search this Thread:

Advanced Search



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

Jigsaw Trading: TBA

Elite only

FuturesTrader71: TBA

Elite only

NinjaTrader: TBA

Jan 18

RandBots: TBA

Jan 23

GFF Brokers & CME Group: Futures & Bitcoin

Elite only

Adam Grimes: TBA

Elite only

Ran Aroussi: TBA

Elite only
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
My Trading Journey (Journal) mykee Elite Trading Journals 105 August 17th, 2015 11:36 AM
UBC Trading Journal - A day trading journey UmBillyCord Trading Journals 12 October 6th, 2014 06:43 AM
PositiveDeviant's trading journey PositiveDeviant Elite Trading Journals 522 February 24th, 2014 05:19 PM
Surefire's Trading Journey surefire23 Elite Trading Journals 2 March 3rd, 2012 03:43 PM
aviat72's Journey: From Analysis to Trading aviat72 Elite Trading Journals 24 August 7th, 2010 01:54 PM


All times are GMT -4. The time now is 08:17 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 2017-12-17 in 0.12 seconds with 20 queries on phoenix via your IP 54.145.16.43