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 223,900 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)
  #561 (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
Hi Beth,

All of the three set ups trade today were winners (3 inside bars and 1 outside bar).........what is the loser you are refering to?

Hi Jeff

The second long @76.98 (around 10:00 am) did not work out for PT 12. SL 16 got hit (filled at 14). I got lucky for my real Long trade PT 8 (just made it)!

Beth

Visit my futures io Trade Journal Reply With Quote
The following user says Thank You to wgreenie for this post:

Can you help answer these questions
from other members on futures io?
Wrong tick size?
Treasury Notes and Bonds
NT8 - Footprint Chart adding on code
NinjaTrader
 
 
(login for full post details)
  #562 (permalink)
 cunparis 
Paris, France
 
Experience: Advanced
Platform: Market Delta & Ninjatrader
Trading: ES
 
cunparis's Avatar
 
Posts: 2,565 since Jun 2009
Thanks: 1,162 given, 2,088 received

I forgot the rule about not trading before crude inventory report.

-5 for me. Will not forget next time.


Follow me on Twitter Reply With Quote
The following 3 users say Thank You to cunparis for this post:
 
(login for full post details)
  #563 (permalink)
 futurestrader1 
New York City, USA
 
Experience: Advanced
Platform: NinjaTrader
Trading: ES, CL, 6E
 
futurestrader1's Avatar
 
Posts: 149 since Jun 2010
Thanks: 81 given, 42 received


can anyone provide a chart template for this? I don't know what to do with the: REVERSALS WITH VOLUME.xml

Reply With Quote
 
(login for full post details)
  #564 (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


futurestrader1 View Post
can anyone provide a chart template for this? I don't know what to do with the: REVERSALS WITH VOLUME.xml

That is the template.

Follow me on Twitter Started this thread Reply With Quote
 
(login for full post details)
  #565 (permalink)
 shodson 
OC, California, USA
 
Experience: Advanced
Platform: IB/TWS, NinjaTrader, ToS
Broker: IB, ToS, Kinetick
Trading: stocks, options, futures, VIX
 
shodson's Avatar
 
Posts: 1,969 since Jun 2009
Thanks: 533 given, 3,683 received

-26 +24 +24 ==> +22 on CL
-5 on 6E

Don't have my charts in front of me now but I saw the charts on the morning action.

On 6E it went long about 1+hr after the London open but then 2am hit and the strat closes all positions after trading time ends (I only trade the first 2hrs) so it closed out the position for a 5 tick loss. Good thing as the market roared down after that for what would have been a full stop loss. This prompts me to look into time stops more.

On CL took the first IB and it didn't go far enough. Then came news, and we got an inside bar right in front of news. I though "ah, that would have been a winner" as it shot up after news but, oh well, it was following my rules. But then once it came out of news, and was above the IB from 30mins ago it went long, an unintended trade as I didn't want it to take IB breakouts more than 1 bar after the IB. This time though the gaffe was profitable as it turned out to be a nice winner. It took another short trade in the afternoon for a winner.

I'll post charts later but here's my txns from Mirus/RCG...




Follow me on Twitter Visit my futures io Trade Journal Reply With Quote
The following 2 users say Thank You to shodson for this post:
 
(login for full post details)
  #566 (permalink)
 cunparis 
Paris, France
 
Experience: Advanced
Platform: Market Delta & Ninjatrader
Trading: ES
 
cunparis's Avatar
 
Posts: 2,565 since Jun 2009
Thanks: 1,162 given, 2,088 received


futurestrader1 View Post
can anyone provide a chart template for this? I don't know what to do with the: REVERSALS WITH VOLUME.xml

save it to your ninjatrader chart templates directory (in documents folder). then create a new chart and select this template.

Follow me on Twitter Reply With Quote
 
(login for full post details)
  #567 (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

This was a beautiful 1-2-3 reversal off the bottom.

I recommend reading all the Trader Vic and Joe Ross you can !!

Attached Thumbnails
Click image for larger version

Name:	CL 08-10  7_14_2010 (15 Min).jpg
Views:	267
Size:	122.0 KB
ID:	16967  
Follow me on Twitter Started this thread Reply With Quote
The following 2 users say Thank You to Jeff Castille for this post:
 
(login for full post details)
  #568 (permalink)
 shodson 
OC, California, USA
 
Experience: Advanced
Platform: IB/TWS, NinjaTrader, ToS
Broker: IB, ToS, Kinetick
Trading: stocks, options, futures, VIX
 
shodson's Avatar
 
Posts: 1,969 since Jun 2009
Thanks: 533 given, 3,683 received


Jeff Castille View Post
This was a beautiful 1-2-3 reversal off the bottom.

I recommend reading all the Trader Vic and Joe Ross you can !!

I thought about shorting that 9am bar, that looked pretty juicy, but I couldn't stay around to babysit it so I didn't.

Follow me on Twitter Visit my futures io Trade Journal Reply With Quote
The following user says Thank You to shodson for this post:
 
(login for full post details)
  #569 (permalink)
 LukeGeniol 
Italy (IT)
 
Experience: Advanced
Platform: ATAS, R|Trader, NT8
Broker: Rithmic
Trading: CL, Brent, GC, TF
 
LukeGeniol's Avatar
 
Posts: 1,501 since Apr 2010
Thanks: 408 given, 984 received


shodson View Post
I thought about shorting that 9am bar, that looked pretty juicy, but I couldn't stay around to babysit it so I didn't.

This is good VSA setup for shorting, long up bar with high volume followed by a long tail inverse hammer or shooting star, in VSA is a tipical upthrust, with very high volume (sellers absorbed the buyers's volume), followed by a down bar that confirms the short bias.
Sorry for the off topic stuff, but it was too greedy to not eat it .

Luke.

Take your Pips, go out and Live.
Luke.
Reply With Quote
The following 2 users say Thank You to LukeGeniol for this post:
 
(login for full post details)
  #570 (permalink)
 shodson 
OC, California, USA
 
Experience: Advanced
Platform: IB/TWS, NinjaTrader, ToS
Broker: IB, ToS, Kinetick
Trading: stocks, options, futures, VIX
 
shodson's Avatar
 
Posts: 1,969 since Jun 2009
Thanks: 533 given, 3,683 received



shodson View Post
-26 +24 +24 ==> +22 on CL
-5 on 6E

On 6E it went long about 1+hr after the London open but then 2am hit and the strat closes all positions after trading time ends (I only trade the first 2hrs) so it closed out the position for a 5 tick loss. Good thing as the market roared down after that for what would have been a full stop loss. This prompts me to look into time stops more.

On CL took the first IB and it didn't go far enough. Then came news, and we got an inside bar right in front of news. I though "ah, that would have been a winner" as it shot up after news but, oh well, it was following my rules. But then once it came out of news, and was above the IB from 30mins ago it went long, an unintended trade as I didn't want it to take IB breakouts more than 1 bar after the IB. This time though the gaffe was profitable as it turned out to be a nice winner. It took another short trade in the afternoon for a winner.

I'll post charts later...


Follow me on Twitter Visit my futures io Trade Journal 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