Daily TPO homework for DAX and NQ - Trading Journals | futures io social day trading
futures io futures trading


Daily TPO homework for DAX and NQ
Updated: Views / Replies:15,958 / 674
Created: by shrekchenbin Attachments:658

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 100,000 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
 658  
 
Thread Tools Search this Thread
 

Daily TPO homework for DAX and NQ

  #671 (permalink)
UTRECHT/The Netherlands
 
Trading Experience: Intermediate
Platform: Ninjatrader
Broker/Data: Interative broker, Kinetick
Favorite Futures: Cac40, FDAX, ES, RTY, NQ, YM
 
Posts: 644 since Dec 2016
Thanks: 8 given, 272 received

I actually just experimented the H2 time frame today because the scale is just right to include 1 month length of price action in one single chart.
It is exactly the scale that i am looking for.


MiniP View Post
are you using a 2 hr TF? I really like the view of that

-P


Reply With Quote
The following 2 users say Thank You to shrekchenbin for this post:
 
  #672 (permalink)
UTRECHT/The Netherlands
 
Trading Experience: Intermediate
Platform: Ninjatrader
Broker/Data: Interative broker, Kinetick
Favorite Futures: Cac40, FDAX, ES, RTY, NQ, YM
 
Posts: 644 since Dec 2016
Thanks: 8 given, 272 received

Morning market prep

Haven't updated the thread for a long time as I was actively interview for jobs.
I am determined to go back to corporate jobs because, on the one hand, that I just can't trade professionally with having two kids -- I am missing trades like crazy, can't sleep well, went out to pick up the kids from the school and back to see my trades turn into mother of all fucks. I think day trading is really for young people with no family burdens. Not for some old family guys like me.
Secondly, I think it is a much better use of my knowledge to automate the trading strategy to a point that it only takes 4 hours a week less. Sitting in front of the computer to wait for trades is such a waste of time. And I constantly trade with fear and emotions which is self limiting in a way. I have a plan to achieve the level of automation in the next 4 - 8 years. That is my goal and i would treat automated trading as a hobby.

From now on, I would only update the charts on the swing trading point of view. Or if I got big break through in my algorithm.
Thanks a lot for all of you have posted in this thread. Appreciated!

Reply With Quote
The following 5 users say Thank You to shrekchenbin for this post:
 
  #673 (permalink)
UTRECHT/The Netherlands
 
Trading Experience: Intermediate
Platform: Ninjatrader
Broker/Data: Interative broker, Kinetick
Favorite Futures: Cac40, FDAX, ES, RTY, NQ, YM
 
Posts: 644 since Dec 2016
Thanks: 8 given, 272 received


Russell was the leader to the downside during the correction phase in the past two weeks.
Since then it has found support at one of the key levels and is potentially making a bull flag formation.
Today's price action is going to be crucial and the buyers are determined to take out the prior day's high where the bears showed up. If they succeed in doing so this week, then the upside is going to be opened up.
Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).



shrekchenbin View Post
Haven't updated the thread for a long time as I was actively interview for jobs.
I am determined to go back to corporate jobs because, on the one hand, that I just can't trade professionally with having two kids -- I am missing trades like crazy, can't sleep well, went out to pick up the kids from the school and back to see my trades turn into mother of all fucks. I think day trading is really for young people with no family burdens. Not for some old family guys like me.
Secondly, I think it is a much better use of my knowledge to automate the trading strategy to a point that it only takes 4 hours a week less. Sitting in front of the computer to wait for trades is such a waste of time. And I constantly trade with fear and emotions which is self limiting in a way. I have a plan to achieve the level of automation in the next 4 - 8 years. That is my goal and i would treat automated trading as a hobby.

From now on, I would only update the charts on the swing trading point of view. Or if I got big break through in my algorithm.
Thanks a lot for all of you have posted in this thread. Appreciated!


Reply With Quote
The following user says Thank You to shrekchenbin for this post:
 
  #674 (permalink)
Netherlands
 
Trading Experience: Intermediate
Platform: TWS & SierraChart
Broker/Data: InteractiveBrokers & Sierra
Favorite Futures: DAX & Bund
 
Posts: 270 since Jun 2013
Thanks: 589 given, 342 received


shrekchenbin View Post
Haven't updated the thread for a long time as I was actively interview for jobs.
I am determined to go back to corporate jobs because, on the one hand, that I just can't trade professionally with having two kids -- I am missing trades like crazy, can't sleep well, went out to pick up the kids from the school and back to see my trades turn into mother of all fucks. I think day trading is really for young people with no family burdens. Not for some old family guys like me.
Secondly, I think it is a much better use of my knowledge to automate the trading strategy to a point that it only takes 4 hours a week less. Sitting in front of the computer to wait for trades is such a waste of time. And I constantly trade with fear and emotions which is self limiting in a way. I have a plan to achieve the level of automation in the next 4 - 8 years. That is my goal and i would treat automated trading as a hobby.

From now on, I would only update the charts on the swing trading point of view. Or if I got big break through in my algorithm.
Thanks a lot for all of you have posted in this thread. Appreciated!

Hi SCB,

Too bad. I am in the same situation as you. For me the solution is to only trade when I have no other duties. This means that the amount of time for trading is reduced drastically. But you don't have to trade 80 hours a week to be profitable. You can be profitable even if you traded 2 or 3 days a week, 3-4 hours a day.

Furthermore, if you must leave a trade on while you cannot sit behind your computer, it means you're in a longer timeframe trade and a trailing stop is the way to go.

Yes sitting in front of computer to wait is a waste of time. I just do other stuff these times. Furthermore, it would help if you have a part-time business or job.

Reply With Quote
 
  #675 (permalink)
UTRECHT/The Netherlands
 
Trading Experience: Intermediate
Platform: Ninjatrader
Broker/Data: Interative broker, Kinetick
Favorite Futures: Cac40, FDAX, ES, RTY, NQ, YM
 
Posts: 644 since Dec 2016
Thanks: 8 given, 272 received

rdaytrader,

Thank you so much for your message.
You are right that you don't have to stare at the screen in order to make money.
Actually the best trades that I had are the ones that I just don't micro manage.
I think i will move to a higher time frame to do my manual trading and the short term trading should be automated to a high degree.

Bin


rdaytrader View Post
Hi SCB,

Too bad. I am in the same situation as you. For me the solution is to only trade when I have no other duties. This means that the amount of time for trading is reduced drastically. But you don't have to trade 80 hours a week to be profitable. You can be profitable even if you traded 2 or 3 days a week, 3-4 hours a day.

Furthermore, if you must leave a trade on while you cannot sit behind your computer, it means you're in a longer timeframe trade and a trailing stop is the way to go.

Yes sitting in front of computer to wait is a waste of time. I just do other stuff these times. Furthermore, it would help if you have a part-time business or job.


Reply With Quote

Reply



futures io > > > Daily TPO homework for DAX and NQ

Thread Tools Search this Thread
Search this Thread:

Advanced Search



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

futures io is celebrating 10-years w/ over $18,000 in prizes!

Right now
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
Want to operate on mini Dax ,shall I apply strategy on Mini Dax or DAX future? Dvdkite EasyLanguage Programming 6 March 15th, 2018 01:05 PM
Ninja Daily bar Volume and/or TPO profile cpuz NinjaTrader 0 March 20th, 2017 01:16 PM
Webinar: Sierra Chart Ladder, TPO, Volume Profile and "Homework" Big Mike Sierra Chart 16 September 23rd, 2014 03:48 PM
Sherlock Holmes Does Homework iqgod Trading Journals 14 July 9th, 2013 01:23 AM
My CL Homework jamebo Trading Journals 15 December 19th, 2012 09:01 AM


Tags
accumulation, ai, algo, algos, automatically, average, benchmarking, big market, bull market, buy, china, copper, crypto, data, dax, day trading, delta, discretionary, discretionary trading, distribution, divergence, dow, el, es, est, eth, europe, fibonacci, footprint chart, futures, globex, harmonic, harmonic patterns, harmonic_patterns, hg, high beta, how to, how to trade, indicator, information, institutional, instrument, intraday, jigsaw, journal, key levels, level 2, limit, list, living, london, loss, market profile, micro, mike bellafiore, new york, newbie, news, ninja, ninjacators, nq, order flow, orders, paper, patterns, people, platform, pnf, poc, portfolio, price action, rancho dinero, recurring, repeating, reversals, reward, risk reward, runner, russell, short, size, software, standing, stocks, strength, support, swing, switch, switching, tick, tick chart, time frames, timeframe, top, tor, tpo, traded, trading, trading journal, trading method, trend, type, update, value area, value area lines, volatility, volume, volume profile, vpoc, vwap, wave, win rate, wolfe wave

All times are GMT -4. The time now is 11:00 AM. (this page content is cached, log in for real-time version)

Copyright © 2019 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432 WhatsApp Business, 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 2019-06-17 in 0.37 seconds with 15 queries on phoenix