THREE SET UPS - futures io
futures io



THREE SET UPS


Discussion in Trading Journals

Updated
      Top Posters
    1. looks_one Jeff Castille with 215 posts (429 thanks)
    2. looks_two cunparis with 146 posts (154 thanks)
    3. looks_3 shodson with 125 posts (211 thanks)
    4. looks_4 Fat Tails with 73 posts (189 thanks)
      Best Posters
    1. looks_one Fat Tails with 2.6 thanks per post
    2. looks_two Jeff Castille with 2 thanks per post
    3. looks_3 shodson with 1.7 thanks per post
    4. looks_4 cunparis with 1.1 thanks per post
    1. trending_up 221,847 views
    2. thumb_up 1,368 thanks given
    3. group 125 followers
    1. forum 1,073 posts
    2. attach_file 239 attachments




Welcome to futures io: the largest futures trading community on the planet, with well over 150,000 members
  • Genuine reviews from real traders, not fake reviews from stealth vendors
  • Quality education from leading professional traders
  • We are a friendly, helpful, and positive community
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts
  • We are here to help, just let us know what you need
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

(If you already have an account, login at the top of the page)

 
Search this Thread
 

THREE SET UPS

(login for full post details)
  #241 (permalink)
 wgreenie 
Cambridge, Ontario
 
Experience: Intermediate
Platform: NinjaTrader
Broker: Zen-Fire
Trading: 6E
 
Posts: 1,773 since Dec 2009
Thanks: 1,258 given, 1,203 received


Jeff Castille View Post
Something to keep in mind......the 8-10 CL contract just became the highest traded volume contract on 6/18. So.......you may want to adjust your findings to reflect that.

CL rolls over on a monthly basis.

Thanks Jeff for the kind reminder. For 8-10 CL contract on 18-25 Jun, total 13 trades (7 Long and 6 Short) and 100% winners @ making $120/trade.

A quick question please on CL rollover. Say for 9-10 CL contract, will one switch on 20 Aug (3rd Fri of the month)? Please enlighten me. Thank you.

Beth

Visit my futures io Trade Journal Reply With Quote

Can you help answer these questions
from other members on futures io?
Recommended slippage and commissions for micro futures, …
TradeStation
mahDualCandlePattern
NinjaTrader
Help with Scale In ATM strategy
NinjaTrader
Tips for directional bias during Asian Session?
Traders Hideout
Simpler Trading - Squeeze Pro indicator
Platforms and Indicators
 
Best Threads (Most Thanked)
in the last 7 days on futures io
Spoo-nalysis ES e-mini futures S&P 500
122 thanks
How many day traders are profitable?
64 thanks
how many hours per day do you watch the market?
17 thanks
Hedging NQ and MNQ 1-10...
13 thanks
Prop Firm Combines Criteria
12 thanks
 
(login for full post details)
  #242 (permalink)
 Jeff Castille 
Northern California
 
Experience: Intermediate
Platform: Ninja Trader
Broker: Amp Futures/ Zen-Fire
Trading: YM and CL
 
Jeff Castille's Avatar
 
Posts: 2,119 since Jun 2009
Thanks: 1,783 given, 3,299 received


wgreenie View Post
Thanks Jeff for the kind reminder. For 8-10 CL contract on 18-25 Jun, total 13 trades (7 Long and 6 Short) and 100% winners @ making $120/trade.

A quick question please on CL rollover. Say for 9-10 CL contract, will one switch on 20 Aug (3rd Fri of the month)? Please enlighten me. Thank you.

Beth

This is something that Gary taught me. The rollover is the 3rd Fri of the month BUT.......the way to know for sure which contract has the most volume is to open your MARKET ANALYZER .......put the current contract AND the next contract up and trade the one with the most volume.

THANKS GARY !!

Follow me on Twitter Started this thread Reply With Quote
The following 3 users say Thank You to Jeff Castille for this post:
 
(login for full post details)
  #243 (permalink)
 emini_Holy_Grail 
Dallas,TX
 
Experience: Intermediate
Platform: NinjaTrader, OpenQuant
Broker: Zaner/Zen Fire
Trading: ES,6E,6B,GC,CL
 
Posts: 599 since Nov 2009
Thanks: 176 given, 126 received


Thks Beth for posting the settings page

Reply With Quote
 
(login for full post details)
  #244 (permalink)
 Todd 
Alpharetta, GA
 
Experience: Intermediate
Platform: ninja
Broker: Mirus / Zenfire
Trading: ES
 
Todd's Avatar
 
Posts: 257 since Jun 2009
Thanks: 28 given, 40 received

Beth,

On your inside bar strat, is your stop and target fixed? If so, fixed at what values?

Todd

Reply With Quote
 
(login for full post details)
  #245 (permalink)
 wgreenie 
Cambridge, Ontario
 
Experience: Intermediate
Platform: NinjaTrader
Broker: Zen-Fire
Trading: 6E
 
Posts: 1,773 since Dec 2009
Thanks: 1,258 given, 1,203 received


Todd View Post
Beth,

On your inside bar strat, is your stop and target fixed? If so, fixed at what values?

Todd

Hi Todd

I have PT and SL @12 and 25 respectively (all 1-contract trades).

Beth

Visit my futures io Trade Journal Reply With Quote
 
(login for full post details)
  #246 (permalink)
 wgreenie 
Cambridge, Ontario
 
Experience: Intermediate
Platform: NinjaTrader
Broker: Zen-Fire
Trading: 6E
 
Posts: 1,773 since Dec 2009
Thanks: 1,258 given, 1,203 received

I tested the Inside Bar Strategies on 6E 09-10 with the results per enclosed.

Testing Timeline: 2 weeks
Trading Hours: 9:00 am to 11:00 am EST
PT/SL: 10 and 20 respectively (Trade No 3 on the InsideBarLong log should be a losing trade -$250 unless SL @25. I need to fix my strategies as SL seems not working properly.)

I went through the chart manually. All Inside bar trades were captured on the logs.

Very impressive Jeff!

Beth

Attached Thumbnails
Click image for larger version

Name:	6E.JPG
Views:	241
Size:	113.0 KB
ID:	16164  
Visit my futures io Trade Journal Reply With Quote
The following user says Thank You to wgreenie for this post:
 
(login for full post details)
  #247 (permalink)
 wgreenie 
Cambridge, Ontario
 
Experience: Intermediate
Platform: NinjaTrader
Broker: Zen-Fire
Trading: 6E
 
Posts: 1,773 since Dec 2009
Thanks: 1,258 given, 1,203 received


emini_Holy_Grail View Post
Thks Beth for posting the settings page

You are most welcome Emini Holy Grail. I just figured out how to move the yellow dot so that it won't cover part of the bar, ie

Changing MDF 1 to a bigger number (I use 8 and you may want to play with it)

Beth

Attached Thumbnails
Click image for larger version

Name:	D3SpotterZiSchaffTrendCycle Setup for MDF.JPG
Views:	174
Size:	86.6 KB
ID:	16165  
Visit my futures io Trade Journal Reply With Quote
 
(login for full post details)
  #248 (permalink)
 Jeff Castille 
Northern California
 
Experience: Intermediate
Platform: Ninja Trader
Broker: Amp Futures/ Zen-Fire
Trading: YM and CL
 
Jeff Castille's Avatar
 
Posts: 2,119 since Jun 2009
Thanks: 1,783 given, 3,299 received

Make It Worth Your While: Hourly 6E Ranges - Slope Of Hope with Tim Knight

As you know I do not trade 6e.

However, I thought I would start a little research to try and determine the optimal times to trade 6e.

Here's an interesting article I found.

Follow me on Twitter Started this thread Reply With Quote
The following 3 users say Thank You to Jeff Castille for this post:
 
(login for full post details)
  #249 (permalink)
 steve2222 
Auckland, New Zealand
 
Experience: Beginner
Platform: Sierra Chart
Broker: AMP/CQG
Trading: Whatever moves in my timezone
 
Posts: 1,898 since Sep 2009
Thanks: 3,379 given, 1,538 received


Jeff Castille View Post
Make It Worth Your While: Hourly 6E Ranges - Slope Of Hope with Tim Knight

As you know I do not trade 6e.

However, I thought I would start a little research to try and determine the optimal times to trade 6e.

Here's an interesting article I found.

Hi Jeff, given I live on the other side of the world, I often trade the 6E in the middle of your night. Until about 7 or 8am ET the 6E will have 4 to 5x the volume of CL.

In addition it moves more quickly than the CL as well. Although having said all that, it is not uncommon for the CL to have a 100 pt move before the cash open.

I agree with your referenced article. I have found that over a period of a number of months, the best time in the middle of the night is 3am to 5am (for both CL and 6E) often from 5am to 7am can be completely dead. But like all things trading, there are days when you get good moves right through to 9am ET.

Reply With Quote
The following 2 users say Thank You to steve2222 for this post:
 
(login for full post details)
  #250 (permalink)
 Jeff Castille 
Northern California
 
Experience: Intermediate
Platform: Ninja Trader
Broker: Amp Futures/ Zen-Fire
Trading: YM and CL
 
Jeff Castille's Avatar
 
Posts: 2,119 since Jun 2009
Thanks: 1,783 given, 3,299 received



steve2222 View Post
Hi Jeff, given I live on the other side of the world, I often trade the 6E in the middle of your night. Until about 7 or 8am ET the 6E will have 4 to 5x the volume of CL.

In addition it moves more quickly than the CL as well. Although having said all that, it is not uncommon for the CL to have a 100 pt move before the cash open.

I agree with your referenced article. I have found that over a period of a number of months, the best time in the middle of the night is 3am to 5am (for both CL and 6E) often from 5am to 7am can be completely dead. But like all things trading, there are days when you get good moves right through to 9am ET.


Hi Steve,

Thanks for your comments regarding trading times for 6e.......although I find it hard to believe that anything moves more "quickly" than CL. LOL

In your comment you referenced 3-5 am.......which time zone?

Thanks, Jeff

Follow me on Twitter Started this thread Reply With Quote


futures io Trading Community Trading Journals > THREE SET UPS


Last Updated on May 15, 2014


Upcoming Webinars and Events
 

NinjaTrader Indicator Challenge!

Ongoing
     



Copyright © 2022 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada), 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