Last Push - Trading Journals | futures io social day trading
futures io futures trading

Last Push
Updated: Views / Replies:1,042 / 2
Created: by butch1130 Attachments:1

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 90,000 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

Thread Tools Search this Thread

Last Push

  #1 (permalink)
Elite Member
Futures Experience: Advanced
Platform: Ninja
Broker/Data: DTNIQ
Posts: 26 since Aug 2010
Thanks: 22 given, 11 received

Last Push

Hi Everyone,

First post here to Big Mikes.

One thing that I like to try and locate intra-day is when the market makes that last move into a support or resistance level that appears like a last gasp push. I try to think of it as when a motor takes on it last big of gas and revs up one last time before shutting off.

Is anyone else out there looking for similar things? Any other ideas on how to filter out some of the times that price just keeps on running?



Attached Thumbnails
Last Push-string-delta-push.jpg  
Reply With Quote
The following user says Thank You to butch1130 for this post:
  #2 (permalink)
Quick Summary
Quick Summary Post

Quick Summary is created and edited by users like you... Add FAQ's, Links and other Relevant Information by clicking the edit button in the lower right hand corner of this message.

  #3 (permalink)
Elite Member
Berlin, Europe
Futures Experience: Advanced
Platform: NinjaTrader, MultiCharts
Broker/Data: Interactive Brokers
Favorite Futures: Keyboard
Fat Tails's Avatar
Posts: 9,683 since Mar 2010
Thanks: 4,226 given, 25,728 received

Last push

The last push is typically a fifth wave or a final flag. In my opinion the last push can both create a new high or low, or it can be a failed test of the prior high or low.

This is what I have observed:

Prior to the last push, there is often a situation, where the trend hits resistance. In case it is an uptrend, large traders exit their positions at resistance, and others start entering short positions, starting the distribution process. This temporarily halts price usually producing a climax bar and/or a high volume churn bar. After this happens there will be either a balancing period or a trend line break. The last push comes after that balncing action as a bear trap, or after the trendline break as a new high, which is quickly reversed.

There are two different cases. (1) Parabolic price action. This typically creates a trading range and a retest of the high and low (final flag) with price being quickly rejected. (2) A final wedge, typically three pushes with a trend gradually weakening.

The best setup is a final push (lower time frame) within a final push (higher timeframe). I call this Matryoshka setup, referring to the Russian dolls. Can be detected as a divergence within a divergence of an oscillator.

Countertrading final pushes:

- Wait for a trendline break first.
- Wait for a second entry.
- Only consider a push to be final, if it is outside the mean reversion channel (I use Keltner Channels with a StDev of 3 or 3.5).

Reply With Quote


futures io > > > Last Push

Thread Tools Search this Thread
Search this Thread:

Advanced Search

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

Wyckoff Hunting for Great Risk/Reward Ratio w/Gary Fullett

Elite only

Digging into the Details of iSystems w/Stage 5 & iSystems

Jun 5

Similar Threads
Thread Thread Starter Forum Replies Last Post
Push the Buttons ! NT7 max-td The Elite Circle 98 September 19th, 2013 01:19 AM
Margin Calls Push Stock Leverage Down kbit News and Current Events 0 August 17th, 2011 02:32 PM
Anti-Gaddafi Forces Plan New Push in Libya Quick Summary News and Current Events 0 February 25th, 2011 08:10 AM
P&G, Big US Firms Push for Lower Corporate Rate Quick Summary News and Current Events 0 January 20th, 2011 06:00 AM
Chamber's Anti-FinReg Push Gets Big Corporate Support Quick Summary News and Current Events 0 October 22nd, 2010 10:50 AM

All times are GMT -4. The time now is 06:04 AM.

Copyright © 2018 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432,
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 2018-05-28 in 0.07 seconds with 20 queries on phoenix via your IP