Muttoez Trading Journal - Trading Journals | futures io social day trading
futures io futures trading


Muttoez Trading Journal
Updated: Views / Replies:19,906 / 427
Created: by muttoez Attachments:23

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 – 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 don’t 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
 23  
 
Thread Tools Search this Thread
 

Muttoez Trading Journal

  #41 (permalink)
Elite Member
Sydney + Australia
 
Futures Experience: Intermediate
Platform: Sierra Chart
Broker/Data: IB/SC
Favorite Futures: Commodities
 
muttoez's Avatar
 
Posts: 431 since Mar 2016
Thanks: 40 given, 232 received

Week in Review - 18 - 22 April Pt II

Next up I’ll have a look at the other markets that I have traded or been watching during the week.

ZL – Soybean Oil

Soybean Oil surged higher on Monday and Tuesday after I had been stopped out of the trade. Prices surpassed the 61.8% retracement mark of the recent range with impulsiveness on Tuesday before reversed to finish the week back below this level. Given the volatility in Soybean Oil at the end of the week I am happy to be sitting on the sidelines in this market.

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).


CL – Crude Oil

Oil gapped slower to start the week after bearish fundamental news but finished the day higher and continued to rally through the middle of week. Prices have paused around the previous high and appear to be consolidating. The price is still to reach the falling 200 SMA which is where I may look to enter a Short position.

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).


SB – Sugar

Sugar continued higher to start the week surpassing the 61.8% retracement of the recent range. Sugar was subject to high volatility to end the week with prices trading in large ranges both above and below the 61.8% retracement level. Given the recent volatility I am not looking to trade Sugar at the moment.

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).


KC – Coffee

Coffee tried to stage a bullish break with prices closing above the 200 SMA in Wednesday’s trade before falling sharply to end the week negating any bullish momentum. I will not conclude a bullish break has been staged until prices can surpass the 61.8% retracement of the recent range at $1.32

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).


ZC – Corn & ZW - Wheat

Both Corn and Wheat attempted to stage a bullish break closing above the 200 SMA in Wednesday’s trade before falling sharply and closing the week well below the 200 SMA negating any bullish momentum.

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).


Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).

Reply With Quote
 
  #42 (permalink)
Elite Member
Sydney + Australia
 
Futures Experience: Intermediate
Platform: Sierra Chart
Broker/Data: IB/SC
Favorite Futures: Commodities
 
muttoez's Avatar
 
Posts: 431 since Mar 2016
Thanks: 40 given, 232 received

Week in Review - 18 - 22 April Pt III

Lastly, I’ll review some other markets that I’ve been watching recently.

DX – US Dollar Index

The US Dollar looked to confirm my suspicions that I exited the trade too early with prices falling back towards the recent lows to start the week before reversing in the middle of the week to finish slightly higher back towards the 61.8% retracement level. Prices are still below the 61.8% retracement mark and the 40 SMA so there is no evidence of a change in trend at this stage.

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).


ZN - 10 Year Note

The 10 Year Note traded back up to the 61.8% retracement level to start the week. This level acted as resistance and the price fell from this level finishing the week much lower and closing below the now falling 40 SMA. It looks as though prices may trade back down to the previous lows at 128 or even further down to the 200 SMA.

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).


HE – Lean Hogs

Hogs pushed back above the 200 SMA during the week but finished the week on a bearish note with a full bodied red candle which finished below the 200 SMA.

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).

Reply With Quote
 
  #43 (permalink)
Elite Member
Sydney + Australia
 
Futures Experience: Intermediate
Platform: Sierra Chart
Broker/Data: IB/SC
Favorite Futures: Commodities
 
muttoez's Avatar
 
Posts: 431 since Mar 2016
Thanks: 40 given, 232 received

Review of April 25 Trading Action


I was stopped out of my Soybean Meal position at the start of the overnight session.

Finished the day with a small loss with gains in Gold offset by losses in Feeder Cattle and Copper.

Here are my comments on my open positions based on the day’s price action.

QO – Mini Gold

Trade: Long 1 contract of Jun Mini Gold
Entry Price: $1,230
Risk: stop placed at $1,215.25 risking $737.50
Target: $1,600

Daily Comment: Gold was higher today trading back to the 40 SMA. Prices finished slightly off the lows posting a candle with an upper shadow.

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).


GF - Feeder Cattle

Trade: Short 1 contract of May Feeder Cattle
Entry Price: $1.4625
Risk: stop placed at $1.4865 risking $1,200
Target: Target $1.2645

Daily Comment: Feeder Cattle opened higher on the back of the mildly bullish Cattle on Feed report but there was no follow through buying with prices trading in a small range and posting a doji candle.

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).


ZM – Soybean Meal

Trade: Long 1 contract of December Soybean Meal
Entry Price: $309.60
Exit Price: $309.60
Trade Grade: 3.5/5

Daily Comment: The extreme volatility in Soybean Meal continued today. Prices traded lower during the overnight session trading back down to the 61.8% retracement level before bouncing strongly to test the recent highs. Prices finished well off the highs posting a candle with a long upper shadow.

Trade Review: Whilst the price action of the last couple of days has not damaged the bullish case at this stage I am happy to move on from this trade at break even given the extreme volatility.

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).


HG – Copper

Trade: Long 1 contract of June Copper
Entry Price: $2.2580
Risk: stop placed at $2.2175 risking $1,012.50
Target: $2.76

Daily Comment: Copper continued to consolidate above the 200 SMA today with prices finishing slightly lower but causing no damage to the recent uptrend.

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 2 users say Thank You to muttoez for this post:
 
  #44 (permalink)
Elite Member
Sydney + Australia
 
Futures Experience: Intermediate
Platform: Sierra Chart
Broker/Data: IB/SC
Favorite Futures: Commodities
 
muttoez's Avatar
 
Posts: 431 since Mar 2016
Thanks: 40 given, 232 received

Review of April 25 Trading Action

Here are my comments on the opportunities I’m watching based on the day’s price action.

SB - Sugar

Sugar prices were stronger today closing back above the 61.8% retracement mark and posting a bullish full bodied candle. I am looking for a close above 16.00 to confirm a break higher.

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).


ZC – New Crop Corn

The volatility in Corn continued today with prices sharply higher trading back towards the 200 SMA attempting to undone the damage from Friday.

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).

Reply With Quote
 
  #45 (permalink)
Elite Member
Sydney + Australia
 
Futures Experience: Intermediate
Platform: Sierra Chart
Broker/Data: IB/SC
Favorite Futures: Commodities
 
muttoez's Avatar
 
Posts: 431 since Mar 2016
Thanks: 40 given, 232 received

Review of April 26 Trading Action

No trades today.

Finished the day with a loss with gains in Gold outweighed by losses in Feeder Cattle and Copper.

Here are my comments on my open positions based on the day’s price action.

QO – Mini Gold

Trade: Long 1 contract of Jun Mini Gold
Entry Price: $1,230
Risk: stop placed at $1,215.25 risking $737.50
Target: $1,600

Daily Comment: Gold continued higher today closing back above the 40 SMA.

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).


GF - Feeder Cattle

Trade: Short 1 contract of May Feeder Cattle
Entry Price: $1.4625
Risk: stop placed at $1.4865 risking $1,200
Target: Target $1.2645

Daily Comment: Feeder Cattle was higher today trading in another small range.

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).


HG – Copper

Trade: Long 1 contract of June Copper
Entry Price: $2.2580
Risk: stop placed at $2.2175 risking $1,012.50
Target: $2.76

Daily Comment: Copper was lower during the overnight session retesting the 200 SMA. Prices finished off the lows posting a candle with a lower shadow.

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 muttoez for this post:
 
  #46 (permalink)
Elite Member
Sydney + Australia
 
Futures Experience: Intermediate
Platform: Sierra Chart
Broker/Data: IB/SC
Favorite Futures: Commodities
 
muttoez's Avatar
 
Posts: 431 since Mar 2016
Thanks: 40 given, 232 received

Review of April 26 Trading Action

Here are my comments on the opportunities I’m watching based on the day’s price action.

SB - Sugar

Sugar retested the 61.8% retracement mark again during the session but bounced from this level closing higher and most importantly closing above the 16.00 level which has been acting as resistance recently.

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).


ZM – Soybean Meal

Daily Comment: Soybean Meal was lower overnight but finished the session strongly closing back towards the recent highs. The extreme volatility that has been seen in Soybean Meal may be starting to settle down.

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).


ZC – New Crop Corn

Corn rallied strongly again today closing at the 200 SMA.

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 muttoez for this post:
 
  #47 (permalink)
Elite Member
Sydney + Australia
 
Futures Experience: Intermediate
Platform: Sierra Chart
Broker/Data: IB/SC
Favorite Futures: Commodities
 
muttoez's Avatar
 
Posts: 431 since Mar 2016
Thanks: 40 given, 232 received

Review of April 27 Trading Action

I was stopped out of my Copper position today.

Finished the day with another small loss with gains in Gold and Feeder Cattle outweighed by losses in Copper.

Here are my comments on my open positions based on the day’s price action.

QO – Mini Gold

Trade: Long 1 contract of Jun Mini Gold
Entry Price: $1,230
Risk: stop placed at $1,215.25 risking $737.50
Target: $1,600

Daily Comment: Gold continued its run higher today trading back up to the 61.8% retracement mark today. Prices finished off the highs posting a candle with an upper shadow.

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).


GF - Feeder Cattle

Trade: Short 1 contract of May Feeder Cattle
Entry Price: $1.4625
Risk: stop placed at $1.4865 risking $1,200
Target: Target $1.2645

Daily Comment: Feeder Cattle opened higher trading back up towards the boundary of the rectangle channel before reversing to trade lower. Prices finished the day slightly lower posting a spinning top.

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).


HG – Copper

Trade: Long 1 contract of June Copper
Entry Price: $2.2580
Exit Price: $2.217
Trade Grade: 3.5/5

Daily Comment: Copper was lower again during the overnight session trading through the 200 SMA back down to the 40 SMA. Prices finished off the lows posting a candle with a lower shadow and finishing back at the 20 SMA.

Trade Review: No issues with the trade and I followed my trading rules.

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).

Reply With Quote
 
  #48 (permalink)
Elite Member
Sydney + Australia
 
Futures Experience: Intermediate
Platform: Sierra Chart
Broker/Data: IB/SC
Favorite Futures: Commodities
 
muttoez's Avatar
 
Posts: 431 since Mar 2016
Thanks: 40 given, 232 received

Review of April 27 Trading Action

Here are my comments on the opportunities I’m watching based on the day’s price action.

SB - Sugar

Sugar finished lower today retesting the 61.8% retracement mark again during the session. Prices bounced from this level posting a candle with a lower shadow.

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).


CL – Crude Oil

Oil continues to grind higher. Prices are nearing the falling 200 SMA. I will wait to see how prices react to this level before thinking about initiating any positions.

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).


ZC – New Crop Corn

Corn failed again at the 200 SMA today finishing lower and posting a bearish full bodied candle.

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).

Reply With Quote
 
  #49 (permalink)
Elite Member
Los Angeles CA
 
Futures Experience: Beginner
Platform: NT8
Favorite Futures: NQ YM ES ZN CL GC HG ZS 6E 6A 6J 6C
 
FlyingMonkey's Avatar
 
Posts: 477 since Jan 2016
Thanks: 1,894 given, 1,381 received


muttoez View Post

CL – Crude Oil

Oil continues to grind higher. Prices are nearing the falling 200 SMA. I will wait to see how prices react to this level before thinking about initiating any positions.

Definitely interested to see how this one plays, especially since you called this out weeks ago. Seems like a lot of folks will be wondering how much more steam crude has here before at least a partial retracement.

Reply With Quote
 
  #50 (permalink)
Elite Member
Sydney + Australia
 
Futures Experience: Intermediate
Platform: Sierra Chart
Broker/Data: IB/SC
Favorite Futures: Commodities
 
muttoez's Avatar
 
Posts: 431 since Mar 2016
Thanks: 40 given, 232 received



FlyingMonkey View Post
Definitely interested to see how this one plays, especially since you called this out weeks ago. Seems like a lot of folks will be wondering how much more steam crude has here before at least a partial retracement.

Yeah I am definitely one of those folks wondering whether this rally has much more steam, especially given the lack of any new fundamental support.

There is another possible resistance level at the 61.8% retracement mark at $48.50 just above the 200 SMA as well. I could see prices being pushed up to $50 to trigger some stops before the downward momentum starts.

It will be interesting to see how it plays out.

Reply With Quote

Reply



futures io > > > Muttoez Trading Journal

Thread Tools Search this Thread
Search this Thread:

Advanced Search



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

Adam Grimes: TBA

Elite only

NinjaTrader: TBA

Dec 7

Linda Bradford Raschke: TBA

Elite only

Ran Aroussi: TBA

Elite only
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
Trading in a glass box - a Discretionary Trading Journal treydog999 Elite Trading Journals 311 January 28th, 2015 02:03 AM
UBC Trading Journal - A day trading journey UmBillyCord Trading Journals 12 October 6th, 2014 06:43 AM
Trading Journal - Day Trading Crude Oil with Fibs & S/R greg9 Trading Journals 83 September 5th, 2013 04:48 PM
Trading Trendlines Across Markets: Futures Trading Journal sahbmt Elite Trading Journals 135 June 26th, 2013 03:59 PM
AR01 Price Area Journal (Not a trading journal) AR01 Emini Index Futures Trading 69 April 2nd, 2010 09:01 PM


All times are GMT -4. The time now is 07:45 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 2017-11-22 in 0.10 seconds with 19 queries on phoenix via your IP 54.224.187.45