NexusFi: Find Your Edge


Home Menu

 





Day Trading from an Ogre's Point of View


Discussion in Trading Journals

Updated
      Top Posters
    1. looks_one TradingOgre with 393 posts (1,177 thanks)
    2. looks_two MiniP with 26 posts (33 thanks)
    3. looks_3 bobarian with 18 posts (25 thanks)
    4. looks_4 trendisyourfriend with 15 posts (16 thanks)
      Best Posters
    1. looks_one bobwest with 3.2 thanks per post
    2. looks_two TradingOgre with 3 thanks per post
    3. looks_3 Rrrracer with 2.1 thanks per post
    4. looks_4 MiniP with 1.3 thanks per post
    1. trending_up 79,891 views
    2. thumb_up 1,547 thanks given
    3. group 58 followers
    1. forum 627 posts
    2. attach_file 263 attachments




 
Search this Thread

Day Trading from an Ogre's Point of View

  #91 (permalink)
 
TradingOgre's Avatar
 TradingOgre 
Evans GA/USA
Legendary Market Wizard
 
Experience: Intermediate
Platform: NinjaTrader
Broker: NinjaTrader Brokerage - Philip Capital
Trading: NQ,ES,6E,CL
Posts: 556 since Jul 2018
Thanks Given: 908
Thanks Received: 1,672

Well there is the drop I was thinking was coming this morning. Totally missed it. I had already gave up on the day. No trades for me. But I was productive and focused on refining the entry points.

Visit my NexusFi Trade Journal Started this thread Reply With Quote

Can you help answer these questions
from other members on NexusFi?
Deepmoney LLM
Elite Quantitative GenAI/LLM
The space time continuum and the dynamics of a financial …
Emini and Emicro Index
Build trailing stop for micro index(s)
Psychology and Money Management
ZombieSqueeze
Platforms and Indicators
New Micros: Ultra 10-Year & Ultra T-Bond -- Live Now
Treasury Notes and Bonds
 
Best Threads (Most Thanked)
in the last 7 days on NexusFi
Get funded firms 2023/2024 - Any recommendations or word …
59 thanks
Funded Trader platforms
36 thanks
NexusFi site changelog and issues/problem reporting
22 thanks
The Program
20 thanks
GFIs1 1 DAX trade per day journal
19 thanks
  #92 (permalink)
 
TradingOgre's Avatar
 TradingOgre 
Evans GA/USA
Legendary Market Wizard
 
Experience: Intermediate
Platform: NinjaTrader
Broker: NinjaTrader Brokerage - Philip Capital
Trading: NQ,ES,6E,CL
Posts: 556 since Jul 2018
Thanks Given: 908
Thanks Received: 1,672

Did I get any warnings the drop was coming??? Look at the red triangles in the picture below. Only for about 30 minutes before it happened. LOL!


Visit my NexusFi Trade Journal Started this thread Reply With Quote
  #93 (permalink)
 
cory's Avatar
 cory 
virginia
 
Experience: Intermediate
Platform: ninja
Trading: NQ
Posts: 6,098 since Jun 2009
Thanks Given: 877
Thanks Received: 8,090



TradingOgre View Post
Did I get any warnings the drop was coming??? Look at the red triangles in the picture below. Only for about 30 minutes before it happened. LOL!

if one uses your purple line as filter thus ignoring blue triangles then my MomStop signals match your signals, almost.

Attached Thumbnails
Click image for larger version

Name:	2018-07-16_1749.png
Views:	254
Size:	124.6 KB
ID:	251907  
Reply With Quote
Thanked by:
  #94 (permalink)
 
TradingOgre's Avatar
 TradingOgre 
Evans GA/USA
Legendary Market Wizard
 
Experience: Intermediate
Platform: NinjaTrader
Broker: NinjaTrader Brokerage - Philip Capital
Trading: NQ,ES,6E,CL
Posts: 556 since Jul 2018
Thanks Given: 908
Thanks Received: 1,672


cory View Post
if one uses your purple line as filter thus ignoring blue triangles then my MomStop signals match your signals, almost.

Nice. What are your signals based on?

Visit my NexusFi Trade Journal Started this thread Reply With Quote
  #95 (permalink)
 
cory's Avatar
 cory 
virginia
 
Experience: Intermediate
Platform: ninja
Trading: NQ
Posts: 6,098 since Jun 2009
Thanks Given: 877
Thanks Received: 8,090


TradingOgre View Post
Nice. What are your signals based on?

this one
but it is in NT7, it is based on price action alone, sort of creating signals based on candle stick patterns loosely.

Reply With Quote
Thanked by:
  #96 (permalink)
 motika1964 
NC, USA
 
Experience: Intermediate
Platform: Sierra Chart
Broker: Dorman
Trading: ES / CL
Posts: 12 since Jan 2017
Thanks Given: 14
Thanks Received: 6


TradingOgre View Post
Did I get any warnings the drop was coming??? Look at the red triangles in the picture below. Only for about 30 minutes before it happened. LOL!


I don't understand what you mean with 200 ticks, because in the right scale there is not 200 ticks considering there is 4 tics per point in the NQ. Can you explain please.

Thanks in advance

Follow me on Twitter Reply With Quote
  #97 (permalink)
 
TradingOgre's Avatar
 TradingOgre 
Evans GA/USA
Legendary Market Wizard
 
Experience: Intermediate
Platform: NinjaTrader
Broker: NinjaTrader Brokerage - Philip Capital
Trading: NQ,ES,6E,CL
Posts: 556 since Jul 2018
Thanks Given: 908
Thanks Received: 1,672


motika1964 View Post
I don't understand what you mean with 200 ticks, because in the right scale there is not 200 ticks considering there is 4 tics per point in the NQ. Can you explain please.

Thanks in advance

I don't think I said there was 200 ticks but looking at the chart and the right side scale 7390-7320 is 70 points times 4 ticks per point = 280 ticks.

Visit my NexusFi Trade Journal Started this thread Reply With Quote
Thanked by:
  #98 (permalink)
 
TradingOgre's Avatar
 TradingOgre 
Evans GA/USA
Legendary Market Wizard
 
Experience: Intermediate
Platform: NinjaTrader
Broker: NinjaTrader Brokerage - Philip Capital
Trading: NQ,ES,6E,CL
Posts: 556 since Jul 2018
Thanks Given: 908
Thanks Received: 1,672

Looks like a quiet night so far. There was a signal to go short but it occurred before I got set up. I have a pending long above where that signal generated.

We may see the second leg of the drop today. We are re-testing overnight lows right now. Wonder if they will wait until late afternoon before making the move like they did yesterday.


Visit my NexusFi Trade Journal Started this thread Reply With Quote
  #99 (permalink)
 
TradingOgre's Avatar
 TradingOgre 
Evans GA/USA
Legendary Market Wizard
 
Experience: Intermediate
Platform: NinjaTrader
Broker: NinjaTrader Brokerage - Philip Capital
Trading: NQ,ES,6E,CL
Posts: 556 since Jul 2018
Thanks Given: 908
Thanks Received: 1,672

One news thing to watch is Fed Chairman Powell testifying today at 10 a.m. eastern. I know this can and does have an impact on the currency markets so I am sure it will have some impact on the stock markets at least to some degree.

Watching price drop is frustrating when you don't see a good way of jumping in. It's just something you have to deal with when trading. Sometimes the train leaves before you get there.

Visit my NexusFi Trade Journal Started this thread Reply With Quote
  #100 (permalink)
 
TradingOgre's Avatar
 TradingOgre 
Evans GA/USA
Legendary Market Wizard
 
Experience: Intermediate
Platform: NinjaTrader
Broker: NinjaTrader Brokerage - Philip Capital
Trading: NQ,ES,6E,CL
Posts: 556 since Jul 2018
Thanks Given: 908
Thanks Received: 1,672


Here is why I didn't move the green horizontal line down to that small swing high. It would have put me in a buy right at a support/resistance area that had been tested twice recently(marked by the blue line).


Visit my NexusFi Trade Journal Started this thread Reply With Quote
Thanked by:




Last Updated on May 12, 2020


© 2024 NexusFi™, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
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.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Privacy Policy - Downloads - Top
no new posts