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GruttePier's trading journal to getting profitable
Started:October 11th, 2015 (12:20 PM) by GruttePier Views / Replies:38,242 / 726
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GruttePier's trading journal to getting profitable

Old June 5th, 2016, 06:37 PM   #391 (permalink)
Market Wizard
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GruttePier View Post
I did indeed take my time for submitting the post.
I uploaded the picture again and noticed that it has another id now. Maybe the id will be released after a specific timeperiod, resulting in the picture not being visible?

Whatever, can you see it now?

Yes, it's fine now.

The new image does always have a different ID. Somehow, the software will sometimes mess up the original link, apparently.

Bob.

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Old June 5th, 2016, 06:39 PM   #392 (permalink)
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I did indeed take my time for submitting the post.
I uploaded the picture again and noticed that it has another id now. Maybe the id will be released after a specific timeperiod, resulting in the picture not being visible?

Whatever, can you see it now?

The trick that I started to use, since I often have (ahem) long posts, is to type up and proofread the entire post, without images, just leaving space for them, and then uploading them once I am happy about the text and am ready to post it all. This stopped it from happening for me.

Bob.

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Old June 6th, 2016, 12:00 PM   #393 (permalink)
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June 6th prep


Market overview
- Japan, down 0.3%
- China, up 0.4%
- Europe, up 0.2 Ė 1.4%
- Oil, up 2.4%
- Gold, up 0.2%
- Bonds, down 9/32

Overall sentiment is slightly positive.
Yellen speaks tonight after the close of the market.

Important price levels
- 2112. R2
- 2106. Fridayís high, near R1 and VWAP
- 2099. SR level, LOD and opening gap
- 2094-95. Overnight low, PP and weekly PP

Overnight made higher highs+lows and got above Fridayís range.

Since Yellen speaks tonight, I donít expect major movements.
Today is likely going to be a low volume, low volatility range day.
Iím expecting price to be trading between 2099 on the downside and 2012 (R2) on the upside.

I will be looking for fades from the extremes.

This will also be my first day trading 2 contracts.

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Old June 6th, 2016, 03:27 PM   #394 (permalink)
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June 6th

Context log
- Overnight made higher highs+lows and got above Fridayís range.
- After the opening, price made a higher low and then moved up towards the weekly R1. Itís chopping there for an hour how
- Not sure what price is going to do. TICK has a couple of +600 prints, but and no prints below -500. This might indicate that itís more likely for price to go up than down. TSI(VIX) is neutral and chopping insignificantly around the 0
- Price is making a now HOD with 3 ticks (wow, better buckle up ), a TICK divergence is showing up. Iím not taking this short since there are too many signficant price levels in the next 3 points down preventing a nice move down (weekly R1, Fridayís high, VWAP and R1)
- Price does move through the price levels though and is at VWAP. First -600 TICK print today. Tempting to take a long, but VWAP is too close to HOD. Not forcing any trades.
- Price retraces to overnight high and seems to find support, taking a long (trade 1)
- I realize that Yellen is speaking when I get stopped out. Stupid ET/CET/am/pm error, ofcourse Yellen does not speak at night
- Dinner
- The day is pretty much done. Price seems to be grinding towards R2 or perhaps ADR high. Iím done for today


Trade 1: -2.25 points
- Pullback to support level (overnight high)
- TSI(VIX) is getting stronger while price is getting weaker
- Long 1 contract, risk 3 points, profit target at HOD
- Stopped out
- Hindsight: If I knew Yellen was speaking, I would not have taken this trade (donít trade around news). Unnecessary loss

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Last edited by GruttePier; June 6th, 2016 at 03:38 PM.
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Old June 6th, 2016, 03:49 PM   #395 (permalink)
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GruttePier View Post
Context log

- Hindsight: If I knew Yellen was speaking, I would not have taken this trade (donít trade around news). Unnecessary loss

it happened to me all the time Now I check that (but I am sure you know it?)

Econoday Calendar : Economic Events and Analysis

R.I.P. Olivier Terrier (aka "Okina"), 1969-2016.
Please visit this thread for more information.
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Old June 6th, 2016, 03:57 PM   #396 (permalink)
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Okina View Post
it happened to me all the time Now I check that (but I am sure you know it?)

Econoday Calendar : Economic Events and Analysis

I did check this site, even posted it in the day prep. Somehow thought Yellen was speaking after market. Don't ask why/how, but I did make this mistake...lol

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Old June 6th, 2016, 05:18 PM   #397 (permalink)
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it happened to me all the time Now I check that (but I am sure you know it?)

Econoday Calendar : Economic Events and Analysis


GruttePier View Post
I did check this site, even posted it in the day prep. Somehow thought Yellen was speaking after market. Don't ask why/how, but I did make this mistake...lol

There's this other site which also provides an audio feed. It's free, hence it has a 5-mins delay on the news. However, for important news and events they usually pre-announce 10 minutes before (which in a delayed fashion equates to 5-minutes before).

Talking-Forex - First for FX News - First for FX News

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Old June 6th, 2016, 05:25 PM   #398 (permalink)
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xplorer View Post
There's this other site which also provides an audio feed. It's free, hence it has a 5-mins delay on the news. However, for important news and events they usually pre-announce 10 minutes before (which in a delayed fashion equates to 5-minutes before).

Talking-Forex - First for FX News - First for FX News

Thanks!

I was looking for something like this a little while ago.
Will try it out.

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Old June 7th, 2016, 10:40 AM   #399 (permalink)
Market Wizard
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June 7th prep

Market overview
- Japan, up 0.5%
- China, up 1.4%
- Europe, up 0.1 Ė 1.3%
- Oil, up 0.9%
- Gold, down 0.5%
- Bonds, up 6/32

Overall sentiment is positive.
Consumer credit new releases at 3 pm (15.00 CET), no other news today.

Important price levels
- 2106/07. Important SR level / PP
- 2099. Important SR level / yesterdayís low

Overnight made a new high.

I'm expecting that price will be testing new highs today, so Iíll be primarily looking for longs.
On the downside, price might test the 2106/07 level which is good because that is where I will enter to try my new 2 contract trading.

First trading session with Squawk

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Old June 7th, 2016, 01:15 PM   #400 (permalink)
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GruttePier View Post
Market overview
- Japan, up 0.5%
- China, up 1.4%
- Europe, up 0.1 Ė 1.3%
- Oil, up 0.9%
- Gold, down 0.5%
- Bonds, up 6/32

Overall sentiment is positive.
Consumer credit new releases at 3 pm (15.00 CET), no other news today.

Important price levels
- 2106/07. Important SR level / PP
- 2099. Important SR level / yesterdayís low

Overnight made a new high.

I'm expecting that price will be testing new highs today, so Iíll be primarily looking for longs.
On the downside, price might test the 2106/07 level which is good because that is where I will enter to try my new 2 contract trading.

First trading session with Squawk

how did you like the squawk?
I've used the tos one before... had mixed feelings, also used when there was a bigger pit and now it's a little different

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