AJ's Journal - Trading Journals | futures io social day trading
futures io futures trading


AJ's Journal
Updated: Views / Replies:56,544 / 736
Created: by tderrick Attachments:320

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

Reply
 320  
 
Thread Tools Search this Thread
 

AJ's Journal

  #501 (permalink)
Elite Member
Nashville, Tennessee
 
Futures Experience: Intermediate
Platform: Ninja / Jigsaw / 9G
Broker/Data: AMP / CQG
Favorite Futures: NQ, YM and ES
 
tderrick's Avatar
 
Posts: 1,589 since Sep 2010
Thanks: 4,260 given, 2,527 received

7-5-12 ETH Replay tudy

Thursday, 7-5-12 ETH study

OK, today I have a new goal I will start taking some with trend, PA target based entries, if a classic
trend forms up.

I simply can't be a great trader If I don't have a method for entering in a trend and taking a ride every once
in a while.



Trade 1

my normal fade gag, failing by 1 tick

-4


Trade 2

This fade works

+12


Trade 3

a trend forms
Stopped out on PB to 20 ema entry attempt

-4


Trade 4

This appears to have been the corrrect entry to trade 3.
I was a bit impatient. I know to wait for a test of the vwap.
The bounce off the vwap is always a good entry.
I ride it to the next logical target- Y-high

+22


Trade 5

I enter on amother PB and ride to the top of the body of the high bar of previous day.

+13


Trade 6

Filled on PB wick
Target - high of previous day

BE +1


OK .... not bad... these with trend, PB entrys appeared to work in this choppy type of trend.
I will most likely still sit out strong trends. (unless I'm already on, of course )

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).


AJ
Nashville, Tennessee


"Life On The Edge of SR"
Reply With Quote
The following 3 users say Thank You to tderrick for this post:
 
  #502 (permalink)
Elite Member
Nashville, Tennessee
 
Futures Experience: Intermediate
Platform: Ninja / Jigsaw / 9G
Broker/Data: AMP / CQG
Favorite Futures: NQ, YM and ES
 
tderrick's Avatar
 
Posts: 1,589 since Sep 2010
Thanks: 4,260 given, 2,527 received

7-5-12 RTH Replay Study

Thursday, 7-5-12 RTH Replay Study

The trend is continuing, it appears.

Trade 1

Some type of monster move occured at 6am cst. The only news I could find was three high impact reports
from the Sterling. **************************

When the dust cleared, the first normal range bar was a lovely bullish hammer with it's wick
right on the 20 ema. I couldn't resist.
I leave my standard 16 tick target in place, not being sure of price since the large bars banged off R1

+16


Trade 2

Another huge clearing bar happened two bars after I got out. That was close.
The second big move was at a high impact EUR news release.
Is TF related to the Sterling and EUR like that.? ...research time

I was very lucky on trade 1 / I must be up with the news reports, trading this time of day************************

Another large, clearing move at 715 am - Non Farm Employment***************************************

Damn ... this is like a war zone
more news at 730am..... ECB and US Unemployment Claims - ( moves a little milder)***********************

Finally - a set up - PB to the vwap short - will stay in as long as possible until the open.

no need

+16 with plenty of time to spare


Trade 3

oh !! no need!!

Daily target hit


It appears as if I may have stumbled into something here.
Trade the London open until 4am, take a break - a little chow - a little shut eye.
Up at 6am - trade 615 to 11am

hmmmmm

Like two halves of a football game
same stop loss / gain targets for each..... or better yet - If I win at London, I can then trade the US-
If I lose at London - done for the day.

exciting

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).


AJ
Nashville, Tennessee


"Life On The Edge of SR"
Reply With Quote
The following 3 users say Thank You to tderrick for this post:
 
  #503 (permalink)
Elite Member
Nashville, Tennessee
 
Futures Experience: Intermediate
Platform: Ninja / Jigsaw / 9G
Broker/Data: AMP / CQG
Favorite Futures: NQ, YM and ES
 
tderrick's Avatar
 
Posts: 1,589 since Sep 2010
Thanks: 4,260 given, 2,527 received

7-5-12 RTH remainder


Thought I would get some more screen time and finish out the rest of the morning.

I remembered a bit too late @kbit 's info that TF run's are around 100 ticks these days.
So I was trying to enter short on run that was spent.

Trade 1

A good entry at a bad time
PB to vwap

-4

Trade 2

Perhaps chasing a bit, but the trade was still valid - again, just at the wrong time

-4


Trade 3

Finally a bit of consolidation appears, giving me a shot going short again
I was expecting another run at the vwap, but I took the more conservative target of 20ema

+22

Fairly poor trading

7-5-12 is in the books

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).


AJ
Nashville, Tennessee


"Life On The Edge of SR"
Reply With Quote
The following 2 users say Thank You to tderrick for this post:
 
  #504 (permalink)
Elite Member
Nashville, Tennessee
 
Futures Experience: Intermediate
Platform: Ninja / Jigsaw / 9G
Broker/Data: AMP / CQG
Favorite Futures: NQ, YM and ES
 
tderrick's Avatar
 
Posts: 1,589 since Sep 2010
Thanks: 4,260 given, 2,527 received

7-6-12, ETH Replay Study

Friday, 7-6-12 ETH

I've come to realize something as I pound away the hours gaining screen time.
BE + whatever trades are useless. They are simply there to make you feel better. All they do is lose money.
Price is constantly testing the high / low. ( trading like I trade - at the extremes) It makes no sense to give
price a good shot at taking you out. I mean my stop is right there - just above the swing high by no more than 4
ticks, usually just 2 if price has moved off well. My RR is already way over the top.

So.... BE's are out



Trades 1 - 4

I find myself in my trading nervana. A beautiful wave, sideways channel. Like shooting fish in a barrel.


I double my daily target and earn the right to trade the US open

With every chart I post, I am learning something new about PA...... Fascinating
I want to kiss that little Japanese rice trader who invented this candle stick bar gag!!.... alas, he is
long gone... In the next life then!!! smoooootchhhhhh

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).


AJ
Nashville, Tennessee


"Life On The Edge of SR"
Reply With Quote
The following 5 users say Thank You to tderrick for this post:
 
  #505 (permalink)
Elite Member
Nashville, Tennessee
 
Futures Experience: Intermediate
Platform: Ninja / Jigsaw / 9G
Broker/Data: AMP / CQG
Favorite Futures: NQ, YM and ES
 
tderrick's Avatar
 
Posts: 1,589 since Sep 2010
Thanks: 4,260 given, 2,527 received

7-6-12 RTH

Friday, 7-6-12 RTH

A continuation of the Friday trading. This time, with a RTH mindset.


Trade 1

More of the same from the ETH. I was able to squeeze out one more channel fade before the jobs report.
4 minutes to spare and an hour and a half in the making. Creepy timing.

+16


Trade 2

I waited out the big news move down. I saw the obvious target on the 30 min chart - a large line
of narrow consolidation. I would bet my house, price would, at least hestitate there. If I used larger stops,
I would have put in a Limit Order right at the bullish edge of the channel, but I'm not quite there yet.

Price confirms the bounce when it arrives and I pick up a quick 10 ticks on a fade after a large
doji signal bar. I could have had close to my full, normal 16 ticks, as it turned out, but I like being conservative, this radically counter trend.
10 is almost a given.

+10


Trade 3

Just 4 more ticks to make my target for the ETH session

Two lovely signal bars tell me price will bounce enough on the low test of the bullish hammer bar,
to gather my session target.
I follow the paint retracing it's way back from the test of the low with my stop, and gather 7.

+7

Session target hit.


I have found my second goal, it appears, after I return to live trading.

Initial goal - the original = $300 daily target / $150 SL per day - period.... day is over when achieved.

After I settle in and get a good solid routine down of making money and have the account built up a bit,
I will trade the 2 halves with the same rules per half. So, just like a football game, if I get down in the 1st half (ETH)
I can make a comeback in the second half (RTH), and still have a decent day. + $150 for a day is nothing to sneeze at when you're a working man.

It is essential, that at some point, I learn to work out of a hole. It just won't be now !! lol

A great!!! trading day Targets hit on both sessions.

I feel good about my technique. Now, when my psyche follows the lead, I will be a trader

I'm going to finish out the RTH session in "SIM" to gather more screen time....

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).


AJ
Nashville, Tennessee


"Life On The Edge of SR"
Reply With Quote
The following 4 users say Thank You to tderrick for this post:
 
  #506 (permalink)
Elite Member
Nashville, Tennessee
 
Futures Experience: Intermediate
Platform: Ninja / Jigsaw / 9G
Broker/Data: AMP / CQG
Favorite Futures: NQ, YM and ES
 
tderrick's Avatar
 
Posts: 1,589 since Sep 2010
Thanks: 4,260 given, 2,527 received

Addendum to Friday Trading

My eye is getting so keen to PA as it relates to the 5 minute bar and the TF, that it is getting
to the point where, with most of my entries, it's not WHETHER price will move in my direction,
it is HOW MUCH.

This is a wonderful feeling to have heading into live trading again. It's not so much cockiness, as KNOWING.

When one bar does this, the next must do this. It almost becomes a law or an axiom.


The entries during the first go round in my trading were prayers tossed in the wind.
Nobody realizes how hard it is - It LOOKS so easy, right? Price goes up - go long. Price goes
down - go short. It's funny that I trade the polar opposite of that now and I seem to be having success.
(There is no success until I read positive numbers on my account statement for several months in a row)

Why is it almost mandatory that you blow out an account before you realize you can't just sit
down at a screen and make money?

Thank goodness I am too much of a tight wad to let the account draw down below 50%.!!
It gave me a wonderful head start on the second account!! lol

Life is good and it's finally raining in Tennessee


AJ
Nashville, Tennessee


"Life On The Edge of SR"
Reply With Quote
The following 4 users say Thank You to tderrick for this post:
 
  #507 (permalink)
Elite Member
Nashville, Tennessee
 
Futures Experience: Intermediate
Platform: Ninja / Jigsaw / 9G
Broker/Data: AMP / CQG
Favorite Futures: NQ, YM and ES
 
tderrick's Avatar
 
Posts: 1,589 since Sep 2010
Thanks: 4,260 given, 2,527 received

7-6-12, ETH Replay Study - Revised Chart

oops.... I cut off the last trade on my 5 min. chart


AJ
Nashville, Tennessee


"Life On The Edge of SR"
Reply With Quote
The following user says Thank You to tderrick for this post:
 
  #508 (permalink)
Elite Member
Nashville, Tennessee
 
Futures Experience: Intermediate
Platform: Ninja / Jigsaw / 9G
Broker/Data: AMP / CQG
Favorite Futures: NQ, YM and ES
 
tderrick's Avatar
 
Posts: 1,589 since Sep 2010
Thanks: 4,260 given, 2,527 received

chart

I'm losing it... here it is
Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).


AJ
Nashville, Tennessee


"Life On The Edge of SR"
Reply With Quote
The following 3 users say Thank You to tderrick for this post:
 
  #509 (permalink)
Site Administrator
Manta, Ecuador
 
Futures Experience: Advanced
Platform: My own custom solution
Favorite Futures: E-mini ES S&P 500
 
Big Mike's Avatar
 
Posts: 46,240 since Jun 2009
Thanks: 29,354 given, 83,237 received

Do you look at any other time frames?

Sent from my DROID RAZR using Tapatalk 2

Due to time constraints, please do not PM me if your question can be resolved or answered on the forum.

Need help?
1) Stop changing things. No new indicators, charts, or methods. Be consistent with what is in front of you first.
2) Start a journal and post to it daily with the trades you made to show your strengths and weaknesses.
3) Set goals for yourself to reach daily. Make them about how you trade, not how much money you make.
4) Accept responsibility for your actions. Stop looking elsewhere to explain away poor performance.
5) Where to start as a trader? Watch this webinar and read this thread for hundreds of questions and answers.
6)
Help using the forum? Watch this video to learn general tips on using the site.

If you want
to support our community, become an Elite Member.

Reply With Quote
The following user says Thank You to Big Mike for this post:
 
  #510 (permalink)
Elite Member
Nashville, Tennessee
 
Futures Experience: Intermediate
Platform: Ninja / Jigsaw / 9G
Broker/Data: AMP / CQG
Favorite Futures: NQ, YM and ES
 
tderrick's Avatar
 
Posts: 1,589 since Sep 2010
Thanks: 4,260 given, 2,527 received



Big Mike View Post
Do you look at any other time frames?

Sent from my DROID RAZR using Tapatalk 2

Yes

Hourly
30 minute with MP
15 minute with MP
entry with 5 min

When I trade in the channels, there is no need for the larger ones for me.
Only when I think I have a runner will I switch out to find a target.


AJ
Nashville, Tennessee


"Life On The Edge of SR"
Reply With Quote
The following 4 users say Thank You to tderrick for this post:

Reply



futures io > > > AJ's Journal

Thread Tools Search this Thread
Search this Thread:

Advanced Search



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

Jigsaw Trading: TBA

Elite only

FuturesTrader71: TBA

Elite only

NinjaTrader: TBA

Jan 18

RandBots: TBA

Jan 23

GFF Brokers & CME Group: Futures & Bitcoin

Elite only

Adam Grimes: TBA

Elite only

Ran Aroussi: TBA

Elite only
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
T's Journal Tmanbone Trading Journals 37 August 9th, 2012 04:52 AM
K.I.S.S. Journal Presto Trading Journals 39 October 7th, 2011 06:54 PM
Need Help with Journal Template grego Elite Trading Journals 2 August 14th, 2010 03:52 AM
G's journal gfg1 Elite Trading Journals 58 June 10th, 2010 02:31 PM
AR01 Price Area Journal (Not a trading journal) AR01 Emini Index Futures Trading 69 April 2nd, 2010 09:01 PM


All times are GMT -4. The time now is 11:54 AM.

Copyright © 2017 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
Page generated 2017-12-17 in 0.16 seconds with 20 queries on phoenix via your IP 54.90.92.204