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Day Trading from an Ogre's Point of View


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Day Trading from an Ogre's Point of View

  #321 (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
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tr8er View Post
As you saw, no spoofing, 177 contracts traded

Yeah. It hit the price, filled about 50 contracts bounced up and then down she went. Fun to watch. Wish I was in a trade and short for that move. Missed the entry back about 2 hours ago. That's what I get for making breakfast. LOL!

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  #322 (permalink)
 
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 bobarian 
whitestone, new york
 
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TradingOgre View Post
Yup. Just like Forex. Liquidity dries up, spreads widen then the spike and then everyone comes back in. Now to find the first trade.

Great stuff! Did you ever use the vol ladder for forex?

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  #323 (permalink)
 
TradingOgre's Avatar
 TradingOgre 
Evans GA/USA
Legendary Market Wizard
 
Experience: Intermediate
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bobarian View Post
Great stuff! Did you ever use the vol ladder for forex?

With spot forex the best you can get is tick volume since there isn't any centralized exchange. I never used it but I know people who swear by it. With 6E you get a better picture of volume and interest.

I am watching DOM mostly out of curiosity. They say there is gold hidden in the DOM but I am still trying to find it. LOL!

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  #324 (permalink)
 
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 bobarian 
whitestone, new york
 
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TradingOgre View Post
With spot forex the best you can get is tick volume since there isn't any centralized exchange. I never used it but I know people who swear by it. With 6E you get a better picture of volume and interest.

I am watching DOM mostly out of curiosity. They say there is gold hidden in the DOM but I am still trying to find it. LOL!

yes, the DOM is tricky...initialy, were using time based charts for forex?
Bob

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  #325 (permalink)
 
TradingOgre's Avatar
 TradingOgre 
Evans GA/USA
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bobarian View Post
yes, the DOM is tricky...initialy, were using time based charts for forex?
Bob

Yes, Time based. For whatever reason Forex seems to work better on time based for Forex. Even for 6E. 5 minute charts are great using my system on Forex.

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  #326 (permalink)
 
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 bobarian 
whitestone, new york
 
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TradingOgre View Post
Let me know if these attachments are too big. I used the screenshot tool in NT to grab it. I have large 4k monitors and I am not sure how these will display on other monitors.

I turned on the moving averages again but plan on trading a combination of swings along with my normal trading style. I don't use them as a crossover type of trading. Instead they are paired up in two's to give me information about short, medium and longer term trends as well as giving a good visual cue as to where to join a trend.


Im looking at some of your past entries,and ideas.Great stuff!I would love to hear your reasoning on the short idea here.All the mas are still lined up long, and price is riding higher with Higher highs and higher lows.From what ihave seen so far, you look for a trend change when the mas squeeze together,but not crossing yet
Bob

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  #327 (permalink)
 
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 TradingOgre 
Evans GA/USA
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bobarian View Post
Im looking at some of your past entries,and ideas.Great stuff!I would love to hear your reasoning on the short idea here.All the mas are still lined up long, and price is riding higher with Higher highs and higher lows.From what ihave seen so far, you look for a trend change when the mas squeeze together,but not crossing yet
Bob

That was back when I thought I was smart enough to predict when the market would turn. LOL! It was purely based on price making a double top and then I picked a swing low for entry. Ahhh... ignorance is bliss.

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  #328 (permalink)
 
TradingOgre's Avatar
 TradingOgre 
Evans GA/USA
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Platform: NinjaTrader
Broker: NinjaTrader Brokerage - Philip Capital
Trading: NQ,ES,6E,CL
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I am letting my fear of starting out step 2 in the negative drive my trading decisions. As a result many opportunities missed this morning.

Two trades so far and up about 200 on the day. Which is ok. Focusing on the combine so I am not trading my personal account today.

We will see what I can do after lunch.

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  #329 (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


TradingOgre View Post
I am letting my fear of starting out step 2 in the negative drive my trading decisions. As a result many opportunities missed this morning.

Two trades so far and up about 200 on the day. Which is ok. Focusing on the combine so I am not trading my personal account today.

We will see what I can do after lunch.

You know.... a smart person would remember they have a free reset to use if needed. If I had a bad start I could have just reset the account. Should have kept that in my mind while trading. I made a sticky note and stuck it on my monitor so I won't forget. Now, lets go get some!

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  #330 (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


Overthinking it today. Feel like a grew feathers and started clucking.

Yesterday I was trading 15 contracts like a boss today 3 trips me up. LOL! Oh well. Green on the day. Not as much as I wanted but still green. Maybe now that the first day is done I can trade tomorrow like I know I can.



Up 202.80 on the day. Again, at least it isn't red this time. Step one I had to overcome about an 1,100 deficit after day one.

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