TradeTheBar Daily Journal - futures io
futures io futures trading



TradeTheBar Daily Journal


Discussion in Trading Journals

Updated by NW Trader
      Top Posters
    1. looks_one kareem40 with 174 posts (395 thanks)
    2. looks_two NW Trader with 20 posts (50 thanks)
    3. looks_3 mtzimmer1 with 5 posts (6 thanks)
    4. looks_4 bobwest with 4 posts (9 thanks)
      Best Posters
    1. looks_one NW Trader with 2.5 thanks per post
    2. looks_two kareem40 with 2.3 thanks per post
    3. looks_3 bobwest with 2.3 thanks per post
    4. looks_4 snax with 2.0 thanks per post
    1. trending_up 10,238 views
    2. thumb_up 489 thanks given
    3. group 18 followers
    1. forum 219 replies
    2. attach_file 222 attachments




Welcome to futures io: the largest futures trading community on the planet, with well over 100,000 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
 

TradeTheBar Daily Journal

(login for full post details)
  #181 (permalink)
Seattle WA/USA
 
Experience: Intermediate
Platform: NinjaTrader 8
Broker: NinjaTrader
Trading: CL, YM, ES
 
NW Trader's Avatar
 
Posts: 305 since Sep 2018
Thanks: 495 given, 1,082 received

I知 reading your posts!! Even though I知 afk mostly this week and next I知 still following the community.

Mike
NW Trader

There is no path to happiness. Happiness is the path.
Follow me on Twitter Reply With Quote
The following 2 users say Thank You to NW Trader for this post:

Can you help answer these questions
from other members on futures io?
Looking freelancer for MT4 Indicator
Platforms and Indicators
OPEN_CLOSE_DOTS
ThinkOrSwim
Horizontal Line Indicator
Platforms and Indicators
IB Bracker Order
Platforms and Indicators
DLL with webrequest function for MC
MultiCharts
 
 
(login for full post details)
  #182 (permalink)
Dallas, TX
 
Experience: Intermediate
Platform: NT, TS
Broker: IB, Oanda
Trading: ES, MES, MNQ, MYM
 
kareem40's Avatar
 
Posts: 653 since May 2010
Thanks: 1,864 given, 870 received

It's been few days since my last post, but my work situation is still very demanding and will not allow much time for day trading and/or posting. I had someone message concerning my CL calls from couple of weeks ago, so I will just answer here.
Yes, I kept them and actually added a CL contract Friday. The price action (on the daily chart) was very suspicious and volume was also very bullish. The oil weekend news was showing on the CL chart all of last week. Someone knew!!!
It is funny that I was very unhappy with work demands/travels that kept me away from the intra-day charts, which led me to the daily charts, and gave me the best trading day ever. Today. Of course, this move in CL is also highly unusually and I was lucky/blessed as well. I will pass it forward.
Here are my closed trades for today. I still have three other open positions, Gold, Corn and wheat. I am planning on holding corn and wheat ( China will resume full buying Ags from the US soon) for a while, but will exit gold very soon.


I had two CL options opened at .41 and closed at $3.91.



I will not be able to post daily, for few reasons, but will try add to this journal once or twice a week.
A very good day with lots of stress ( setting on a good winner is much harder than a loser for sure), but great results. No mistakes and I am up $14,903.

K

Follow me on Twitter Visit my Facebook Visit my futures io Trade Journal Reply With Quote
The following 6 users say Thank You to kareem40 for this post:
 
(login for full post details)
  #183 (permalink)
Seattle WA/USA
 
Experience: Intermediate
Platform: NinjaTrader 8
Broker: NinjaTrader
Trading: CL, YM, ES
 
NW Trader's Avatar
 
Posts: 305 since Sep 2018
Thanks: 495 given, 1,082 received



kareem40 View Post
I will not be able to post daily, for few reasons, but will try add to this journal once or twice a week.
A very good day with lots of stress ( setting on a good winner is much harder than a loser for sure), but great results. No mistakes and I am up $14,903.

K

Woo hoo!! Way to knock down some big ones K!! Yeah, easy for some to say lucky, I say persistence and perseverance often put you in a place where luck is available. Or, to use a quote often attributed to Arnold Palmer.......

Mike
NW Trader

There is no path to happiness. Happiness is the path.
Follow me on Twitter Reply With Quote
The following 4 users say Thank You to NW Trader for this post:
 
(login for full post details)
  #184 (permalink)
TampaFL
 
Experience: Master
Platform: TWS
Trading: ES
 
Posts: 183 since Oct 2017
Thanks: 97 given, 374 received

Great job!!!!

Patience rewarded. Love it.

Reply With Quote
The following 3 users say Thank You to jba1962 for this post:
 
(login for full post details)
  #185 (permalink)
Dallas, TX
 
Experience: Intermediate
Platform: NT, TS
Broker: IB, Oanda
Trading: ES, MES, MNQ, MYM
 
kareem40's Avatar
 
Posts: 653 since May 2010
Thanks: 1,864 given, 870 received

Thank you both. I now think the Ags will start a long bull move. I would buy micros at any dip and hold with wide stops.
I would not recommend options on those, since they are slow movers.
K

Follow me on Twitter Visit my Facebook Visit my futures io Trade Journal Reply With Quote
The following 3 users say Thank You to kareem40 for this post:
 
(login for full post details)
  #186 (permalink)
Dallas, TX
 
Experience: Intermediate
Platform: NT, TS
Broker: IB, Oanda
Trading: ES, MES, MNQ, MYM
 
kareem40's Avatar
 
Posts: 653 since May 2010
Thanks: 1,864 given, 870 received

I am back in Oil. Only one call option with 29 days to expiry, with a risk of $550. I also bought a micro Soy lot as well as a stock short.



K

Follow me on Twitter Visit my Facebook Visit my futures io Trade Journal Reply With Quote
The following 2 users say Thank You to kareem40 for this post:
 
(login for full post details)
  #187 (permalink)
Seattle WA/USA
 
Experience: Intermediate
Platform: NinjaTrader 8
Broker: NinjaTrader
Trading: CL, YM, ES
 
NW Trader's Avatar
 
Posts: 305 since Sep 2018
Thanks: 495 given, 1,082 received


kareem40 View Post
I am back in Oil. Only one call option with 29 days to expiry, with a risk of $550. I also bought a micro Soy lot as well as a stock short.

K

Do you use a PA strategy for your options as well as your intraday trading? Just wondering if you just use PA but on a larger time frame.

Mike
NW Trader

There is no path to happiness. Happiness is the path.
Follow me on Twitter Reply With Quote
The following 3 users say Thank You to NW Trader for this post:
 
(login for full post details)
  #188 (permalink)
Dallas, TX
 
Experience: Intermediate
Platform: NT, TS
Broker: IB, Oanda
Trading: ES, MES, MNQ, MYM
 
kareem40's Avatar
 
Posts: 653 since May 2010
Thanks: 1,864 given, 870 received


NW Trader View Post
Do you use a PA strategy for your options as well as your intraday trading? Just wondering if you just use PA but on a larger time frame.

Hi Mike,
Yes I only use PA and Volume Spread Analysis (VSA), but on the daily charts. My job is at the point to where I have to go to an office now. Meaning, I cannot day trade and/or install anything on my work computer. I either place limit/trail stops before leaving in the morning (when I can) and/or log in via remote access to my home computer. The latter option is not an easy fix, but still doable.
Furthermore on my set ups, they are just basic channels and raw volume. Of course, the size of the bar, and where it closes is also very important.

K

Follow me on Twitter Visit my Facebook Visit my futures io Trade Journal Reply With Quote
The following 3 users say Thank You to kareem40 for this post:
 
(login for full post details)
  #189 (permalink)
Dallas, TX
 
Experience: Intermediate
Platform: NT, TS
Broker: IB, Oanda
Trading: ES, MES, MNQ, MYM
 
kareem40's Avatar
 
Posts: 653 since May 2010
Thanks: 1,864 given, 870 received

As posted earlier, I am back in CL-Long with the 65.5 call with 29 days left to expiry. I tend to hold options for a few of weeks, but if it moves very fast within a day or two ( breaking news), I usually take the quick profit. Fundamentally, I also think that oil has much room to the up side. The total risk on this trade is the cost of the option, $550.
My limit profit on LOW was hit, but none of my other stock entries were filled. I also took an exit on my MGC ( Gold) long from last week. I wanted to add to my wheat position, but did not get filled.




I am also trying Forex ( again), off the daily charts. Trades are opened/closed at 4 CST each day. The target and stops are wide, so I am trading small. And I am not sure if my PA-VSA set ups will work on FX. Here are few open position.



An easy day with no mistakes or stress. I am up $115 on my closed trades.

K

Follow me on Twitter Visit my Facebook Visit my futures io Trade Journal Reply With Quote
The following 4 users say Thank You to kareem40 for this post:
 
(login for full post details)
  #190 (permalink)
Dallas, TX
 
Experience: Intermediate
Platform: NT, TS
Broker: IB, Oanda
Trading: ES, MES, MNQ, MYM
 
kareem40's Avatar
 
Posts: 653 since May 2010
Thanks: 1,864 given, 870 received


The same positions as yesterday I am still holding. I also took three new stock scalps.



I closed one of my FX trades, EURNZD, for 260 PIPs. The rest are all green still.




Again, all trades, targets and trailing stops set in advance, so no stress/mistakes. I am up $110 for the day.
Last, my guess on a top for Dow is 32,611 !!!!



K

Follow me on Twitter Visit my Facebook Visit my futures io Trade Journal Reply With Quote
The following 4 users say Thank You to kareem40 for this post:


futures io Trading Community Trading Journals > TradeTheBar Daily Journal


October 11, 2019


Upcoming Webinars and Events
     



Copyright © 2020 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