GFIs1 1 btc$ trade per week journal - futures io
futures io



GFIs1 1 btc$ trade per week journal


Discussion in Trading Journals

Updated
      Top Posters
    1. looks_one GFIs1 with 18 posts (31 thanks)
    2. looks_two Deetee with 1 posts (1 thanks)
    3. looks_3 tr8er with 1 posts (1 thanks)
    4. looks_4 Sandpaddict with 1 posts (2 thanks)
      Best Posters
    1. looks_one Sandpaddict with 2 thanks per post
    2. looks_two GFIs1 with 1.7 thanks per post
    3. looks_3 tr8er with 1 thanks per post
    4. looks_4 Deetee with 1 thanks per post
    1. trending_up 1,276 views
    2. thumb_up 35 thanks given
    3. group 7 followers
    1. forum 20 posts
    2. attach_file 1 attachments




Welcome to futures io: the largest futures trading community on the planet, with well over 125,000 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
 

GFIs1 1 btc$ trade per week journal

(login for full post details)
  #1 (permalink)
 GFIs1 
Legendary Market Wizard
Switzerland
 
Experience: Intermediate
Platform: Investor/RT
Broker: IB / DTN
Trading: Futures
 
Posts: 5,625 since Feb 2012
Thanks: 5,420 given, 11,827 received

Coin trading? Are you Crazy??

As a pattern trader I always was fascinated by the development of coins. Never thought of mining stuff I was more interested in trading this very volatile instrument(s).
And found NO real journal here about coins in the journal section of fio.
Hence I thought to open one myself.

Of course a real journal should be live and easy to understand.
Having 2 longtime pattern journals here already I am sure to test my first steps in a very difficult field of trading.

What are the guidelines?
• first - there is the risk, the influence of open markets and
• second - the length of being exposed to the markets with all influences as well as
• third - to hit some strong moves with a high probability.

The testing ground
To stay above and being on a more stable ground I want to test my first pattern(s) when markets are not influenced too much by active worldwide open playing fields.
The always traded coin markets are especially good when trading over weekends or holidays.
That might help to get make some good points.

Why just one trade in a week?
By omitting losses (not knowing great stop loss markers yet) there are just a handful good times to concentrate on patterns. Those are most effective to see when the markets develop in silence.
So I will just take a trade from 6 hours to 8 and watch the results carefully.
Investing on - saying a Saturday or Sunday - when my other instruments are in full sleep - the investment amount is fully available for this journey.

Looking forward to the first trades and results.

Don't hesitate to follow...

GFIs1

Follow me on Twitter Visit my futures io Trade Journal Started this thread Reply With Quote
The following 12 users say Thank You to GFIs1 for this post:

Can you help answer these questions
from other members on futures io?
Slippage testing NT8??
NinjaTrader
Bookmap replay files
Platforms and Indicators
Looking for combined bar type (UniRenko with HeikinAshi) NT8
NinjaTrader
Trading day of week not accurate for some symbols
EasyLanguage Programming
NFP
TradeStation
 
 
(login for full post details)
  #2 (permalink)
 tr8er 
Market Wizard
Europe
 
Experience: Advanced
Platform: TradeNavigator, BookMap
Trading: ES, CL, 6E, 6B
 
Posts: 549 since Jan 2017
Thanks: 86 given, 524 received

next week we will get the micro BTC futures, which instrument will you trade?

Reply With Quote
The following user says Thank You to tr8er for this post:
 
(login for full post details)
  #3 (permalink)
 GFIs1 
Legendary Market Wizard
Switzerland
 
Experience: Intermediate
Platform: Investor/RT
Broker: IB / DTN
Trading: Futures
 
Posts: 5,625 since Feb 2012
Thanks: 5,420 given, 11,827 received



tr8er View Post
next week we will get the micro BTC futures, which instrument will you trade?

Hi @tr8er

That is good news.
In fact I was concentrating on the full btc$ which had shown the main moves. Smaller derivates will help to the volume in total and may steer btc and others in a same directions.

There are other depending coins of btc - at least moving often in the same direction - to put money on those smaller coins with not the same total value. In the end concentrating on btc$ with its history is convenient for the moment and all depending charts. Of course watching all alternatives coming in is most important! Looking forward to it.

Good trades
GFIs1

Follow me on Twitter Visit my futures io Trade Journal Started this thread Reply With Quote
The following 2 users say Thank You to GFIs1 for this post:
 
(login for full post details)
  #4 (permalink)
 Deetee 
Amsterdam
 
Experience: Intermediate
Platform: NinjaTrader / IB /Bookmap
Broker: EdgeClear / InteractiveBrokers / Rithmic / dxFeed
Trading: DAX / (M)NQ / (M)ES
 
Posts: 310 since Jul 2019
Thanks: 1,634 given, 430 received

Interesting! Will be following.
Good luck and good trades

Sent using the futures.io mobile app

Visit my futures io Trade Journal Reply With Quote
The following user says Thank You to Deetee for this post:
 
(login for full post details)
  #5 (permalink)
 GFIs1 
Legendary Market Wizard
Switzerland
 
Experience: Intermediate
Platform: Investor/RT
Broker: IB / DTN
Trading: Futures
 
Posts: 5,625 since Feb 2012
Thanks: 5,420 given, 11,827 received

Monday trade

btc$ short 0:00 to 06:00
entry @ 56674
exit @ 57931
result -1257 points

GFIs1

Follow me on Twitter Visit my futures io Trade Journal Started this thread Reply With Quote
The following 2 users say Thank You to GFIs1 for this post:
 
(login for full post details)
  #6 (permalink)
 GFIs1 
Legendary Market Wizard
Switzerland
 
Experience: Intermediate
Platform: Investor/RT
Broker: IB / DTN
Trading: Futures
 
Posts: 5,625 since Feb 2012
Thanks: 5,420 given, 11,827 received

Short

My short was a bit more than 24h too early -

No problem so far - we will catch up!

GFIs1

Follow me on Twitter Visit my futures io Trade Journal Started this thread Reply With Quote
The following 3 users say Thank You to GFIs1 for this post:
 
(login for full post details)
  #7 (permalink)
 GFIs1 
Legendary Market Wizard
Switzerland
 
Experience: Intermediate
Platform: Investor/RT
Broker: IB / DTN
Trading: Futures
 
Posts: 5,625 since Feb 2012
Thanks: 5,420 given, 11,827 received

btc$ is on its run up to 60k+
after a dip down to 53k

Ethereum up as well - and with it all connected Krypto's.

GFIs1

Follow me on Twitter Visit my futures io Trade Journal Started this thread Reply With Quote
The following 2 users say Thank You to GFIs1 for this post:
 
(login for full post details)
  #8 (permalink)
 Sandpaddict 
Langley
 
Experience: Intermediate
Platform: Ninjatrader
Broker: IB
Trading: Futures
 
Sandpaddict's Avatar
 
Posts: 643 since Mar 2020


GFIs1 View Post
Coin trading? Are you Crazy??

As a pattern trader I always was fascinated by the development of coins. Never thought of mining stuff I was more interested in trading this very volatile instrument(s).
And found NO real journal here about coins in the journal section of fio.
Hence I thought to open one myself.

Of course a real journal should be live and easy to understand.
Having 2 longtime pattern journals here already I am sure to test my first steps in a very difficult field of trading.

What are the guidelines?
• first - there is the risk, the influence of open markets and
• second - the length of being exposed to the markets with all influences as well as
• third - to hit some strong moves with a high probability.

The testing ground
To stay above and being on a more stable ground I want to test my first pattern(s) when markets are not influenced too much by active worldwide open playing fields.
The always traded coin markets are especially good when trading over weekends or holidays.
That might help to get make some good points.

Why just one trade in a week?
By omitting losses (not knowing great stop loss markers yet) there are just a handful good times to concentrate on patterns. Those are most effective to see when the markets develop in silence.
So I will just take a trade from 6 hours to 8 and watch the results carefully.
Investing on - saying a Saturday or Sunday - when my other instruments are in full sleep - the investment amount is fully available for this journey.

Looking forward to the first trades and results.

Don't hesitate to follow...

GFIs1

I love your other journal so I'm excited for this one. Thank you.

I haven't traded BTC and probably won't for the foreseeable future but how do you find the liquidity and cost structure to trade?

Do you find liquidity just drys up at certian times? Or is the spread horrible at times?

Do you plan on eventually switching to once a day or sticking with weekly?

Maybe these questions are premature. Just curious in any case.

Best of luck GFIs1

Sent using the futures.io mobile app

Visit my futures io Trade Journal Reply With Quote
 
(login for full post details)
  #9 (permalink)
 GFIs1 
Legendary Market Wizard
Switzerland
 
Experience: Intermediate
Platform: Investor/RT
Broker: IB / DTN
Trading: Futures
 
Posts: 5,625 since Feb 2012
Thanks: 5,420 given, 11,827 received

Monday trade

btc$ long 0:00 to 08:00
entry @ 58026
exit @ 59134*
result + 1108 points

GFIs1

*stopped on moving SL 07:20 @ yellow line (Tenkan-Sen) of Ichimoku

Follow me on Twitter Visit my futures io Trade Journal Started this thread Reply With Quote
The following user says Thank You to GFIs1 for this post:
 
(login for full post details)
  #10 (permalink)
 GFIs1 
Legendary Market Wizard
Switzerland
 
Experience: Intermediate
Platform: Investor/RT
Broker: IB / DTN
Trading: Futures
 
Posts: 5,625 since Feb 2012
Thanks: 5,420 given, 11,827 received


Sunday Watch

Just watching the chart pattern of btc$ we will detect sort of a "W" in the price chart. Starting on May 15th with a last high of 58k we can see that the price came down TWICE to a low with nearly identic prices - such on April 25 and on May 13 with a last low of 46500 from May 16.
This form is normally a pattern of a typical "W".
What does it mean?
From two lows on nearly same level a price getting up is highly probable to a last high.
The last high was in mid April @ 64855.
That is the goal for the rebound in a "W" and a possible pattern in this charting patterns.
So my thinking is to go long in some hours to see the price is following this non finished W-pattern.

Following that best possible pattern on btc$ we might see tonight a runner up from midnight.

Good trades!
GFIs

Follow me on Twitter Visit my futures io Trade Journal Started this thread Reply With Quote
The following user says Thank You to GFIs1 for this post:


futures io Trading Community Trading Journals > GFIs1 1 btc$ trade per week journal


Last Updated on September 6, 2021


Upcoming Webinars and Events
 

NinjaTrader Indicator Challenge!

Ongoing
     



Copyright © 2021 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