Eurostoxx and Bund futures journal - Trading Journals | futures io social day trading
futures io futures trading


Eurostoxx and Bund futures journal
Updated: Views / Replies:4,914 / 116
Created: by Keab Attachments:79

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
 79  
 
Thread Tools Search this Thread
 

Eurostoxx and Bund futures journal

  #31 (permalink)
Keab
London UK
 
Futures Experience: Intermediate
Platform: TT/Invesotr Rt/DTN.IQ
Broker/Data: LCT/Iq Feed
Favorite Futures: Dax/Bund/Dow/US 10 yr futures
 
Posts: 291 since Jul 2013
Thanks: 40 given, 100 received

Woah eurostoxx bust out of it's range there!
Managed to scrape a few pips on the breakout against heavy selling delta-entry 44, expected it to go up to about 61 but got spooked as there wasn't much follow through so a whole 2 pips for the day so far! Watch it shoot up to about 61-64 now that I've exited...

Attached Thumbnails
Eurostoxx and Bund futures journal-stoxx20-04.png  

Last edited by Keab; April 20th, 2015 at 11:02 AM. Reason: typo
Reply With Quote
 
  #32 (permalink)
Keab
London UK
 
Futures Experience: Intermediate
Platform: TT/Invesotr Rt/DTN.IQ
Broker/Data: LCT/Iq Feed
Favorite Futures: Dax/Bund/Dow/US 10 yr futures
 
Posts: 291 since Jul 2013
Thanks: 40 given, 100 received

Have to say I think I'm starting to understand trading from a large position trading perspective. Or maybe I don't but I just think that I do.

But here goes.

The eurostoxx breakout was clear to me. Because I'm only trading one contract, I have to hang on for more pips to generate a good return, so exiting for 5/6 pips is not attractive to me.

But if I entered 5/50/100/500 contracts on that same breakout, with an eye to making 4-5 pips, then what is the better trade idea? Holding on in the hope that price will extend further in my direction, or trading high probability set ups like this eurotoxx one, but with greater size and smaller profit expectations? I think it might be the latter....

100 contracts= 1000 per point. 4 pips=4k. One high probability set up per day, per market and you're set. No need to try to pick swing highs/lows like a smart arse and wait and hope that others recognise these turning points.


Hmm....

Reply With Quote
 
  #33 (permalink)
Elite Member
London/UK
 
Futures Experience: Intermediate
Platform: IBs ladder / Market Delta charts
Broker/Data: IB / IQfeed
Favorite Futures: Bund
 
Posts: 438 since Sep 2012
Thanks: 260 given, 96 received



bootsyjam View Post
Would appear so? German news out early tomorrow so am guessing market is waiting for that!

Eurostoxx analysis as I'm bored:

This analysis is being made on the presumption that the current range of 45-27 is not broken today.
News out early tomorrow so price is ranging waiting for news to....

as per those links last week they only trade tue-thur nowadays! alright for some.

Reply With Quote
 
  #34 (permalink)
Keab
London UK
 
Futures Experience: Intermediate
Platform: TT/Invesotr Rt/DTN.IQ
Broker/Data: LCT/Iq Feed
Favorite Futures: Dax/Bund/Dow/US 10 yr futures
 
Posts: 291 since Jul 2013
Thanks: 40 given, 100 received

Good idea!

My final analysis of the day is to say that if bund prices stay in this range then it's a perfect tight bell curve on volume profile (so prices are in a range). That 'usually' leads to a trend day, as all the volume/trades tend to be left in the market rather than being liquidated at highs/lows/in trend days as new prices are accepted. So that means price should move nicely tomorrow with a possible trend day.

Eurostoxx is still in quite a narrow range too so same applies...

Reply With Quote
 
  #35 (permalink)
Keab
London UK
 
Futures Experience: Intermediate
Platform: TT/Invesotr Rt/DTN.IQ
Broker/Data: LCT/Iq Feed
Favorite Futures: Dax/Bund/Dow/US 10 yr futures
 
Posts: 291 since Jul 2013
Thanks: 40 given, 100 received

Very annoying-got to work early but not early enough to catch the breakout from a very narrow bell curve day of trading.
Eurostoxx opened out of the previous day's range and has shot higher.
My reasoning: a lot of people were still in a short position by end of play yesterday. As price has opened outside of the range they have had to liquidate their shorts by buying, then local traders like me will be jumping on this and buying to open to drive the price higher.

Well, I would have been. Looks like on bell curve days I'll have to be ready to trade at 7am, not 8am. Ouch.

Attached Thumbnails
Eurostoxx and Bund futures journal-bund2104.png  
Reply With Quote
 
  #36 (permalink)
Elite Member
London/UK
 
Futures Experience: Intermediate
Platform: IBs ladder / Market Delta charts
Broker/Data: IB / IQfeed
Favorite Futures: Bund
 
Posts: 438 since Sep 2012
Thanks: 260 given, 96 received


bootsyjam View Post
Very annoying-got to work early but not early enough to catch the breakout from a very narrow bell curve day of trading.
Eurostoxx opened out of the previous day's range and has shot higher.
My reasoning: a lot of people were still in a short position by end of play yesterday. As price has opened outside of the range they have had to liquidate their shorts by buying, then local traders like me will be jumping on this and buying to open to drive the price higher.

Well, I would have been. Looks like on bell curve days I'll have to be ready to trade at 7am, not 8am. Ouch.

i assume you saw the footprint for yesterday? loads volume done late yest in 50s area.

Reply With Quote
 
  #37 (permalink)
Keab
London UK
 
Futures Experience: Intermediate
Platform: TT/Invesotr Rt/DTN.IQ
Broker/Data: LCT/Iq Feed
Favorite Futures: Dax/Bund/Dow/US 10 yr futures
 
Posts: 291 since Jul 2013
Thanks: 40 given, 100 received

I did indeed That open above the range did me in though, price never came down to rebound off it!

Reply With Quote
 
  #38 (permalink)
Keab
London UK
 
Futures Experience: Intermediate
Platform: TT/Invesotr Rt/DTN.IQ
Broker/Data: LCT/Iq Feed
Favorite Futures: Dax/Bund/Dow/US 10 yr futures
 
Posts: 291 since Jul 2013
Thanks: 40 given, 100 received

Short the bund-entry at 17 (not the best-was worried price would take off without me).
Have learned that it is important to wait for a strong close beyond a level if playing a breakout. Strong close is circled (as opposed to the rejection bars earlier on).
Out at 08 as it's the Value Area low on my 5 day composite. Good trade except for my bad entry. As there was a bit of a drawback on the confirmation candle I should have waited for a slightly better price. Who knows.

Attached Thumbnails
Eurostoxx and Bund futures journal-bund21-04-2.png  
Reply With Quote
 
  #39 (permalink)
Keab
London UK
 
Futures Experience: Intermediate
Platform: TT/Invesotr Rt/DTN.IQ
Broker/Data: LCT/Iq Feed
Favorite Futures: Dax/Bund/Dow/US 10 yr futures
 
Posts: 291 since Jul 2013
Thanks: 40 given, 100 received

Eurostoxx short at 82. Pinbar on 15 min and hitting 5 day VPOC. Not sure of strength of this one as I wouldn't be surprised to see price go higher here-bit of an ascending triangle going on....

Attached Thumbnails
Eurostoxx and Bund futures journal-stoxx-2204.png  

Last edited by Keab; April 22nd, 2015 at 04:50 AM. Reason: new info
Reply With Quote
 
  #40 (permalink)
Keab
London UK
 
Futures Experience: Intermediate
Platform: TT/Invesotr Rt/DTN.IQ
Broker/Data: LCT/Iq Feed
Favorite Futures: Dax/Bund/Dow/US 10 yr futures
 
Posts: 291 since Jul 2013
Thanks: 40 given, 100 received


Out at 68. Could regret that one but trading only 1 lot. Nice profit to start the day.

Reply With Quote

Reply



futures io > > > Eurostoxx and Bund futures journal

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
bund futures - intra day trading journal rosho01 Trading Journals 358 April 28th, 2015 05:18 AM
Bund/Eurostoxx Volume Profile Journal hlatham Elite Trading Journals 29 November 3rd, 2014 09:01 PM
Eurostoxx Internals bojangle Emini Index Futures Trading 6 September 5th, 2013 08:54 AM
EUROSTOXX 50 MARS Emini Index Futures Trading 3 May 1st, 2013 02:50 AM
Webinar Education Video: Europe - Fundamental Analysis EuroStoxx + DAX Futures max-td Trading Reviews and Vendors 1 March 13th, 2010 07:27 AM


All times are GMT -4. The time now is 01:08 PM.

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 2017-12-16 in 0.13 seconds with 20 queries on phoenix via your IP 54.91.38.173