shodson's Trading Journal - futures io
futures io



shodson's Trading Journal


Discussion in Trading Journals

Updated
      Top Posters
    1. looks_one shodson with 573 posts (740 thanks)
    2. looks_two Big Mike with 41 posts (32 thanks)
    3. looks_3 bluemele with 12 posts (15 thanks)
    4. looks_4 cclsys with 11 posts (8 thanks)
      Best Posters
    1. looks_one incometrade with 2 thanks per post
    2. looks_two shodson with 1.3 thanks per post
    3. looks_3 bluemele with 1.3 thanks per post
    4. looks_4 Big Mike with 0.8 thanks per post
    1. trending_up 161,492 views
    2. thumb_up 869 thanks given
    3. group 52 followers
    1. forum 770 posts
    2. attach_file 956 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
 

shodson's Trading Journal

(login for full post details)
  #371 (permalink)
 cory 
virginia
 
Experience: Intermediate
Platform: ninja
Trading: NQ
 
cory's Avatar
 
Posts: 6,096 since Jun 2009
Thanks: 877 given, 8,045 received


shodson View Post
It is incredibly odd that the ES has not filled it's gap intra-day since September 2nd, 6 days of consecutive days of unfilled gaps! It is especially rare considering that gaps fill 70% of the time. ...

its up to you to create chart with gap or not, there is no gap on vol chart, 24hr chart for example. What time is your session start and end?

Reply With Quote

Can you help answer these questions
from other members on futures io?
Anyone ever use "Seasonax" website?
Trading Reviews and Vendors
Tradovate + Jigsaw issues
Tradovate
Market on Close data within IB
Platforms and Indicators
Multi Time Frame High/Low/Median levels
NinjaTrader
Demo accounts order fill
Emini and Emicro Index
 
Best Threads (Most Thanked)
in the last 7 days on futures io
Is anyone actually making money?
52 thanks
An embarrassing, honest confession
37 thanks
Sierra vs. Ninja : why I chose .....
8 thanks
Machine Learning Journal
5 thanks
Institutional Grade Massive Data Dump for Quant Research …
5 thanks
 
(login for full post details)
  #372 (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: 1,971 since Jun 2009
Thanks: 533 given, 3,694 received


cory View Post
its up to you to create chart with gap or not, there is no gap on vol chart, 24hr chart for example. What time is your session start and end?

Just using RTH, 6:30am - 1:15pm Pacific. Also, the price used for yesterday's close is not the last bar's print, rather, they use globex settlement, which is often different.

Follow me on Twitter Visit my futures io Trade Journal Started this thread Reply With Quote
 
(login for full post details)
  #373 (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: 1,971 since Jun 2009
Thanks: 533 given, 3,694 received



LukeGeniol View Post
Makes it really sense to use the RTH session?

All of the MTG backtesting is based on RTH only. If a stop is not hit or the gap is not filled at globex session close then you close out your position, no overnight trading.

Follow me on Twitter Visit my futures io Trade Journal Started this thread Reply With Quote
 
(login for full post details)
  #374 (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: 1,971 since Jun 2009
Thanks: 533 given, 3,694 received

Scott has a pretty good analysis ( video) about the recent string of unfilled gaps: September historically has the lowest win rate of all other months for gap fading, but is still historically profitable using MTG stop parameters.

Follow me on Twitter Visit my futures io Trade Journal Started this thread Reply With Quote
 
(login for full post details)
  #375 (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, 985 received


shodson View Post
Scott has a pretty good analysis ( video) about the recent string of unfilled gaps: September historically has the lowest win rate of all other months for gap fading, but is still historically profitable using MTG stop parameters.

It's equity market, there's no ETH, don't u think is different from trading futures?

Take your Pips, go out and Live.
Luke.
Reply With Quote
 
(login for full post details)
  #376 (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: 1,971 since Jun 2009
Thanks: 533 given, 3,694 received


LukeGeniol View Post
It's equity market, there's no ETH, don't u think is different from trading futures?

Sorry, I'm not sure what your question is.

Are equities different from futures? Of course they are. Soooo, what's the question?

Follow me on Twitter Visit my futures io Trade Journal Started this thread Reply With Quote
 
(login for full post details)
  #377 (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, 985 received


shodson View Post
Sorry, I'm not sure what your question is.

Are equities different from futures? Of course they are. Soooo, what's the question?

If u think the Gap trading is applicable to futures like to equities.

Take your Pips, go out and Live.
Luke.
Reply With Quote
 
(login for full post details)
  #378 (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: 1,971 since Jun 2009
Thanks: 533 given, 3,694 received


LukeGeniol View Post
If u think the Gap trading is applicable to futures like to equities.

Yes it is, in fact, all of my gap trading is with futures, not equities. They are equity futures, so maybe that's why you think I'm trading with equities instead of futures, but ES, YM and NQ are the equity futures I gap trade with.

Follow me on Twitter Visit my futures io Trade Journal Started this thread Reply With Quote
 
(login for full post details)
  #379 (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, 985 received


shodson View Post
Yes it is, in fact, all of my gap trading is with futures, not equities. They are equity futures, so maybe that's why you think I'm trading with equities instead of futures, but ES, YM and NQ are the equity futures I gap trade with.

I think u misunderstood, I do not think u trade equity, but that u had post a link to equity Gap Trading and u trade futures, so i asked u if u don't think the mechanism for this different market for gap trading is different, so maybe not applicable to futures that have near 24 h trading.
Hope I have been more clear.

Take your Pips, go out and Live.
Luke.
Reply With Quote
 
(login for full post details)
  #380 (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: 1,971 since Jun 2009
Thanks: 533 given, 3,694 received


Monday, September 13th - Large gaps up following the developments in Basel had me a little hesitant about fading large up gaps, but I stuck with it. NQ stopped out pretty decisively early on while ES stopped out with an end-of-day stop for a small loss.

I saw a nice inside bar reversal setup on CL and trailed it with MOBO bands for +57 ticks. I had a target of 100 ticks and it got within 12 ticks of there but then turned around and forced my hand.

Another day that didn't fill it's gap. This hasn't happened in decades.

NQ: -50 ticks
ES: -7 ticks
CL: +57 ticks






Follow me on Twitter Visit my futures io Trade Journal Started this thread Reply With Quote


futures io Trading Community Trading Journals > shodson's Trading Journal


Last Updated on December 10, 2020


Upcoming Webinars and Events
 

NinjaTrader Indicator Challenge!

Ongoing
     



Copyright © 2023 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