THREE SET UPS - Trading Journals | futures io social day trading
futures io futures trading


THREE SET UPS
Updated: Views / Replies:155,600 / 1,073
Created: by Jeff Castille Attachments:243

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
 243  
 
Thread Tools Search this Thread
 

THREE SET UPS

  #321 (permalink)
Trade with the flow
Paris, France
 
Futures Experience: Advanced
Platform: Market Delta & Ninjatrader
Favorite Futures: ES
 
cunparis's Avatar
 
Posts: 2,563 since Jun 2009
Thanks: 1,157 given, 2,032 received


emini_Holy_Grail View Post
Cunparis- how is your time zone related to EST.
are you in GMT+1?

CET which is GMT +1 & NY time + 6.

Reply With Quote
 
  #322 (permalink)
Elite Member
Dallas,TX
 
Futures Experience: Intermediate
Platform: NinjaTrader, OpenQuant
Broker/Data: Zaner/Zen Fire
Favorite Futures: ES,6E,6B,GC,CL
 
Posts: 590 since Nov 2009
Thanks: 176 given, 116 received

Beth - did you say you trade 1 ct and target is 12 ticks?
if trading 2nd target, for 16 ticks, when do you pull trigger BE+1 after how many ticks?

Reply With Quote
 
  #323 (permalink)
Elite Member
Northern California
 
Futures Experience: Intermediate
Platform: Ninja Trader
Broker/Data: Amp Futures/ Zen-Fire
Favorite Futures: YM and CL
 
Jeff Castille's Avatar
 
Posts: 2,119 since Jun 2009
Thanks: 1,785 given, 3,279 received

Todays CL trades


Well..........-2 for the day.......very frustrating.........it was a bad start for CL as it was gyrating at the open of the indexes........a stop out and the stop and reverse stopped out.........but.......opened my targets and made it back (well except for 2 ticks)

The second to last trade was more of a Ross Hook deal......it hit my extended target of +16 but did not fill me....so I closed the trade at +8+8......of course then it made a new low.......

I'm just happy today did not end up being a big loser.......with such a terrible start.......I try to put both winners and losers behind me and just look for my next set up........I know my edge will work......I just have to let it.

Attached Thumbnails
THREE SET UPS-cl-08-10-6_29_2010-15-min-.jpg  
Reply With Quote
The following 5 users say Thank You to Jeff Castille for this post:
 
  #324 (permalink)
 Vendor: www.ezcolortrading.com 
Cambridge, Ontario
 
Futures Experience: Intermediate
Platform: NinjaTrader
Broker/Data: Zen-Fire
Favorite Futures: 6E
 
Posts: 1,773 since Dec 2009
Thanks: 1,258 given, 1,196 received


emini_Holy_Grail View Post
Beth - did you say you trade 1 ct and target is 12 ticks?
if trading 2nd target, for 16 ticks, when do you pull trigger BE+1 after how many ticks?

Yes Emini Holy Grail, they are all 1-contract trades with PT/SL @12 and 25 respectively. Use the entry bar (yellow inside bar) to determine SL adjustment when the trade does not look good anymore.

Jeff is trading 2 contracts with PTs @8 and 16 (2nd contract has BE+1 @8 ticks I believe). Jeff, will you please confirm to Emini Holy Grail if I get your trade management strategies wrong. Thank you.

Beth

Reply With Quote
 
  #325 (permalink)
Elite Member
Northern California
 
Futures Experience: Intermediate
Platform: Ninja Trader
Broker/Data: Amp Futures/ Zen-Fire
Favorite Futures: YM and CL
 
Jeff Castille's Avatar
 
Posts: 2,119 since Jun 2009
Thanks: 1,785 given, 3,279 received


wgreenie View Post
Yes Emini Holy Grail, they are all 1-contract trades with PT/SL @12 and 25 respectively. Use the entry bar (yellow inside bar) to determine SL adjustment when the trade does not look good anymore.

Jeff is trading 2 contracts with PTs @8 and 16 (2nd contract has BE+1 @8 ticks I believe). Jeff, will you please confirm to Emini Holy Grail if I get your trade management strategies wrong. Thank you.

Beth

See post #16 regarding money management.......I am still looking at the stop moving after first target is hit.....instead of b/e +1......go -8.

Reply With Quote
The following user says Thank You to Jeff Castille for this post:
 
  #326 (permalink)
Elite Member
Lagos, Nigeria
 
Futures Experience: Intermediate
Platform: NinjaTrader, SierraChart
Favorite Futures: Euro Currency & Oil
 
lolu's Avatar
 
Posts: 2,440 since Jun 2009
Thanks: 1,000 given, 1,595 received

Have a look at this

This LIVE Real-time video of my trade taken @ 8:15pm(GMT+1), is normally posted to my Diary thread; but I want to share it with THREE SET UPS thread viewers. This is the second trade I made after the one in my post #317.

Is this a combination of INSIDE BAR and OUTSIDE BAR ?

Lolu

Reply With Quote
The following user says Thank You to lolu for this post:
 
  #327 (permalink)
Elite Member
Northern California
 
Futures Experience: Intermediate
Platform: Ninja Trader
Broker/Data: Amp Futures/ Zen-Fire
Favorite Futures: YM and CL
 
Jeff Castille's Avatar
 
Posts: 2,119 since Jun 2009
Thanks: 1,785 given, 3,279 received


lolu View Post
This LIVE Real-time video of my trade taken @ 8:15pm(GMT+1), is normally posted to my Diary thread; but I want to share it with THREE SET UPS thread viewers. This is the second trade I made after the one in my post #317.

Is this a combination of INSIDE BAR and OUTSIDE BAR ?

Lolu

Looks like a double inside bar to me.....see post #62.

Great work !!

Reply With Quote
The following user says Thank You to Jeff Castille for this post:
 
  #328 (permalink)
Elite Member
Dallas, TX
 
Futures Experience: Beginner
Platform: Ninjatrader
Broker/Data: Zen-Fire
Favorite Futures: ZN, 6E
 
gulabv's Avatar
 
Posts: 284 since May 2010
Thanks: 159 given, 155 received


wgreenie View Post
A Long profitable trade to end the day. $200 before commission.

Note:

1. In real life, I seldom trade in the afternoon based on my former "losing" trading experience.

2. High/Low for the Yellow inside bars have been shifted to their subsequent bars because I was running the Inside Bar strategies.

3. Bracket orders for the Long trade back to normal in the afternoon though I had to cancel the Sell Stop order manually.

Beth

Hi Beth,

Can you help me understand the first trade you show (+120 long; -160 short) were you trading the outside bar (in blue) or the inside bar (in yellow) for these 2 trades? I don't doubt your results just trying to understand what the chart is showing me. Thanks for sharing.

Reply With Quote
 
  #329 (permalink)
 Vendor: www.ezcolortrading.com 
Cambridge, Ontario
 
Futures Experience: Intermediate
Platform: NinjaTrader
Broker/Data: Zen-Fire
Favorite Futures: 6E
 
Posts: 1,773 since Dec 2009
Thanks: 1,258 given, 1,196 received


gulabv View Post
Can you help me understand the first trade you show (+120 long; -160 short) were you trading the outside bar (in blue) or the inside bar (in yellow) for these 2 trades?

Hi Gulabv

I have 2 Inside Bar strategies (one for Long and one for Short) running. For the first Yellow bar upon its completion, there were 2 Stop orders waiting (Buy Stop @75.91 and Sell Stop @75.72). Buy Stop was first filled and stopped out @16 ticks. Then Sell Stop was filled (I let it run as a reversal trade) and 12 ticks PT reached.

Note: I missed cancelling the Sell Stop order (thought NJ would do that for me as it did yesterday).

Hope the above will clear the air a little. Sorry for the confusion caused.

Beth

Reply With Quote
The following user says Thank You to wgreenie for this post:
 
  #330 (permalink)
Elite Member
Dallas, TX
 
Futures Experience: Beginner
Platform: Ninjatrader
Broker/Data: Zen-Fire
Favorite Futures: ZN, 6E
 
gulabv's Avatar
 
Posts: 284 since May 2010
Thanks: 159 given, 155 received



Jeff Castille View Post
Well..........-2 for the day.......very frustrating.........it was a bad start for CL as it was gyrating at the open of the indexes........a stop out and the stop and reverse stopped out.........but.......opened my targets and made it back (well except for 2 ticks)

The second to last trade was more of a Ross Hook deal......it hit my extended target of +16 but did not fill me....so I closed the trade at +8+8......of course then it made a new low.......

I'm just happy today did not end up being a big loser.......with such a terrible start.......I try to put both winners and losers behind me and just look for my next set up........I know my edge will work......I just have to let it.

Jeff,

Excellent recovery late in the day to only be down -2 !!

Did you use your discretion to try to go for 16 ticks on your later trades instead of your 8/16 PT (I guess you were trying to recover entirely)?

Reply With Quote

Reply



futures io > > > THREE SET UPS

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
UPS opinions? Poocher Tech Support 45 July 4th, 2017 12:28 PM
Very basic scalper set up Xzap Traders Hideout 25 November 18th, 2013 09:39 AM
ES indicators, set ups exits kctpac Emini Index Futures Trading 18 December 16th, 2011 03:07 PM
Home Depot Earnings Beat Forecasts, Ups Dividend Quick Summary News and Current Events 0 February 22nd, 2011 08:00 AM
What is the perfect set up? h4cked Reviews of Brokers and Data Feeds 8 December 11th, 2010 03:54 PM


All times are GMT -4. The time now is 11:09 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 2017-12-18 in 0.15 seconds with 20 queries on phoenix via your IP 54.226.113.250