TF day trading - Trading Journals | futures io social day trading
futures io futures trading


TF day trading
Updated: Views / Replies:126,276 / 1,324
Created: by bluemele Attachments:239

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 – 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 don’t 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
 239  
 
Thread Tools Search this Thread
 

TF day trading

  #351 (permalink)
Elite Member
Honolulu, Hawaii
 
Futures Experience: Intermediate
Platform: NinjaTrader
Broker/Data: ATC/TT, AMP/Zen-Fire, AMP/CQG
Favorite Futures: TF
 
bluemele's Avatar
 
Posts: 2,547 since Jun 2010
Thanks: 3,806 given, 2,826 received

-.1 ticks today per contract

Ok, so I read it clearly what was happening but the clicks of my mouse didn't seem to correspond. What does this mean?

I have decided I have an issue. haha...

I have a hard time going long when some longer time frames are saying SHORT. Today price action was long and it was clearly long, but for some reason I just couldn't decide to go long? Because the 1597 looked so darn juicy was one or two of those, but that is senseless as it sure could go a long way in one BB and also it could just be a bull flag.

I did something very right today though. I didn't just blindly trade the MACD's which were my big failures throughout February. I was reading price action properly and I was just hitting pivots on MACD setups. The thing I didn't do today was wait for the areas. I actually didn't see many areas today except one short (76) and one long (50) as it seemed to just want to bounce around a bit.

Here ya go!

Reply With Quote
The following 4 users say Thank You to bluemele for this post:
 
  #352 (permalink)
Elite Member
In the heat
 
Futures Experience: None
Platform: NT
Favorite Futures: Energy
 
PandaWarrior's Avatar
 
Posts: 3,155 since Mar 2010
Thanks: 6,306 given, 13,250 received


bluemele View Post
Ok, so I read it clearly what was happening but the clicks of my mouse didn't seem to correspond. What does this mean?

I have decided I have an issue. haha...

I have a hard time going long when some longer time frames are saying SHORT. Today price action was long and it was clearly long, but for some reason I just couldn't decide to go long? Because the 1597 looked so darn juicy was one or two of those, but that is senseless as it sure could go a long way in one BB and also it could just be a bull flag.

I did something very right today though. I didn't just blindly trade the MACD's which were my big failures throughout February. I was reading price action properly and I was just hitting pivots on MACD setups. The thing I didn't do today was wait for the areas. I actually didn't see many areas today except one short (76) and one long (50) as it seemed to just want to bounce around a bit.

Here ya go!

Well I watched most of the video. I have some questions. 1. What do you usually like to see as a target? Is it a fixed number of ticks? A fib level, combination of the two? #2. At about 5:49 on your chart, there was a short of about 9-10 ticks that from what I could tell, set up perfectly. Then prices rebounded to a higher level and then you got short with a BE trade. What was the logic behind taking the trade you did after what appeared to be a HH as opposed to what looked like an obvious short? I confess I am not conversant with your method so the question may appear ignorant (which it is) but I want to understand.

Thanks for the video.

Simplicity is the ultimate sophistication, Leonardo da Vinci


Most people chose unhappiness over uncertainty, Tim Ferris
Reply With Quote
The following user says Thank You to PandaWarrior for this post:
 
  #353 (permalink)
Elite Member
Honolulu, Hawaii
 
Futures Experience: Intermediate
Platform: NinjaTrader
Broker/Data: ATC/TT, AMP/Zen-Fire, AMP/CQG
Favorite Futures: TF
 
bluemele's Avatar
 
Posts: 2,547 since Jun 2010
Thanks: 3,806 given, 2,826 received



aztrader9 View Post
Well I watched most of the video. I have some questions. 1. What do you usually like to see as a target? Is it a fixed number of ticks? A fib level, combination of the two? #2. At about 5:49 on your chart, there was a short of about 9-10 ticks that from what I could tell, set up perfectly. Then prices rebounded to a higher level and then you got short with a BE trade. What was the logic behind taking the trade you did after what appeared to be a HH as opposed to what looked like an obvious short? I confess I am not conversant with your method so the question may appear ignorant (which it is) but I want to understand.

Thanks for the video.

Well, the entries are to try and get an end-to-end run. I can hit 7-9 ticks all day and all night.

What I was taught and what I have seen is to get between 2.5 points+ per run and I have seen many get 12-14 points and somewhat consistently dependent upon market conditions.

Horst uses pretty much the same technique but has been doing it a bit longer and has mastered price action a bit better. For months I could be profitable with 1 point or 1.5 point runs, but I have never been able to get the 2.5 consistently!

I would say 25 ticks on TF is probably like 60 or so but just a guess from trading both. But CL is a challenge with such a small stop.

You try and get 3 things for a proper entry:

1. Area, Double Top, bottom, trend line, 61%/100% ext, 76% retracement etc..

2. MACD's in agreement in Multiple Timeframes.

3. Bar Setup. Dual bar (box cars with candles etc.), 3 bar slides, H & S (obvious only)

When you have those 3 magical combinations you have a trade. Due to multiple timeframes you are to tell where it will go etc.. The challenge is sometimes it dances like magic to the tune of Fib's while other times, not so much so you have to figure out when that is. I believe it comes from knowing the instrument and getting more familiar with it.

I had my worst trading last month and honestly I was over-burdened with my move and life in general and as well the market was a bit unusual in my opinion. The land of UP UP UP only and no retracements which is quite rare. Well, not lately.

So, for entry you have the criteria, exit would be where you think it will come back and knock you out. I let it go 1 point in my favor only to knock me out. I was willing to risk it as I felt it could have been short until the end. I also realized that I could be reading it wrong and that the other option was UP and to be aware of possible entries. For some reason I have this 'sticking' point now that I have created to not trade LONG when the indicators are saying that a retracement is in order. Hope that helps and thanks for caring!

Reply With Quote
The following 3 users say Thank You to bluemele for this post:
 
  #354 (permalink)
Elite Member
houston
 
Futures Experience: Intermediate
Platform: nt
 
Posts: 407 since Sep 2010
Thanks: 266 given, 269 received

Going Long


bluemele View Post
Ok, so I read it clearly what was happening but the clicks of my mouse didn't seem to correspond. What does this mean?

I have decided I have an issue. haha...

I have a hard time going long when some longer time frames are saying SHORT. Today price action was long and it was clearly long, but for some reason I just couldn't decide to go long? Because the 1597 looked so darn juicy was one or two of those, but that is senseless as it sure could go a long way in one BB and also it could just be a bull flag.

I did something very right today though. I didn't just blindly trade the MACD's which were my big failures throughout February. I was reading price action properly and I was just hitting pivots on MACD setups. The thing I didn't do today was wait for the areas. I actually didn't see many areas today except one short (76) and one long (50) as it seemed to just want to bounce around a bit.

Here ya go!

It seems to me Horst has gone short every time I've observed him...and the others who post videos also. I recall it seeming more difficult to catch the bottoms as price dances there more more than at the top.

Reply With Quote
 
  #355 (permalink)
Elite Member
Chicago Burbs
 
Futures Experience: Master
Platform: NT, TS
Favorite Futures: TF, 6E, SI, CL, FDAX, ZN, ES
 
er2wizard's Avatar
 
Posts: 115 since Nov 2010
Thanks: 119 given, 306 received


HighRise1202 View Post
It seems to me Horst has gone short every time I've observed him...and the others who post videos also. I recall it seeming more difficult to catch the bottoms as price dances there more more than at the top.



If you see more shorts than longs it is purely coincidental........there is absolutely NO difference in strategy or setups. Neither one is more challenging than the other.

“The more I am around people, the more I love my dogs.” ~Author Unknown
Reply With Quote
 
  #356 (permalink)
Elite Member
Honolulu, Hawaii
 
Futures Experience: Intermediate
Platform: NinjaTrader
Broker/Data: ATC/TT, AMP/Zen-Fire, AMP/CQG
Favorite Futures: TF
 
bluemele's Avatar
 
Posts: 2,547 since Jun 2010
Thanks: 3,806 given, 2,826 received


er2wizard View Post
If you see more shorts than longs it is purely coincidental........there is absolutely NO difference in strategy or setups. Neither one is more challenging than the other.

I would agree. I have heard a study at one point that said beginning traders find shorts easier to follow due to the effects of a life long of living with GRAVITY. haha...

With big bull flags, it throws the indi's off the rails and points to weakness. Of course, we don't know if it will break and fall or continue pushing up and that is the point of the small stops.

Horst is taking Long's as well as shorts, but curious now on the profitability on each for him just lately or the # lately. Technically they seem to take long and short.

Reply With Quote
 
  #357 (permalink)
Elite Member
Honolulu, Hawaii
 
Futures Experience: Intermediate
Platform: NinjaTrader
Broker/Data: ATC/TT, AMP/Zen-Fire, AMP/CQG
Favorite Futures: TF
 
bluemele's Avatar
 
Posts: 2,547 since Jun 2010
Thanks: 3,806 given, 2,826 received

Internet on the fritz last night and this morning.

Going to do market replay this afternoon. All of Oahu was having issues I guess with an upgrade from cable company.

Reply With Quote
 
  #358 (permalink)
Elite Member
In the heat
 
Futures Experience: None
Platform: NT
Favorite Futures: Energy
 
PandaWarrior's Avatar
 
Posts: 3,155 since Mar 2010
Thanks: 6,306 given, 13,250 received


HighRise1202 View Post
It seems to me Horst has gone short every time I've observed him...and the others who post videos also. I recall it seeming more difficult to catch the bottoms as price dances there more more than at the top.

I think exactly the opposite...lol...that the V bottoms in Longs are more easily traded than the rounded tops you get most of the time in shorts......

Simplicity is the ultimate sophistication, Leonardo da Vinci


Most people chose unhappiness over uncertainty, Tim Ferris
Reply With Quote
 
  #359 (permalink)
Elite Member
Honolulu, Hawaii
 
Futures Experience: Intermediate
Platform: NinjaTrader
Broker/Data: ATC/TT, AMP/Zen-Fire, AMP/CQG
Favorite Futures: TF
 
bluemele's Avatar
 
Posts: 2,547 since Jun 2010
Thanks: 3,806 given, 2,826 received


aztrader9 View Post
I think exactly the opposite...lol...that the V bottoms in Longs are more easily traded than the rounded tops you get most of the time in shorts......

I think that means you are an optimist! haha..

Reply With Quote
 
  #360 (permalink)
Elite Member
Honolulu, Hawaii
 
Futures Experience: Intermediate
Platform: NinjaTrader
Broker/Data: ATC/TT, AMP/Zen-Fire, AMP/CQG
Favorite Futures: TF
 
bluemele's Avatar
 
Posts: 2,547 since Jun 2010
Thanks: 3,806 given, 2,826 received

+.9 points today


Today was a day of too much too fast. Impatience will kill a trader.

Hit the good entry at the 76 retrace for a nice point or two down. Exited too soon, but the market was moving sooooooo slow that I decided to put myself out of misery and I didn't want to give it back!

Video

Reply With Quote
The following 3 users say Thank You to bluemele for this post:

Reply



futures io > > > TF day trading

Thread Tools Search this Thread
Search this Thread:

Advanced Search



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

Linda Bradford Raschke: Reading The Tape

Elite only

Adam Grimes: TBA

Elite only

NinjaTrader: TBA

January

Ran Aroussi: TBA

Elite only
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
TF trading using CCI method-it works ESFXtrader Emini Index Futures Trading 426 December 21st, 2014 07:27 PM
Vovan348 Day Trading TF with NFT setup vovan348 Trading Journals 604 February 1st, 2012 01:00 PM
Looking for TF traders: what max # of contracts do you feel comfortable trading? Laguna Psychology and Money Management 14 March 16th, 2011 05:10 PM
ES/TF/CL Trading question momop540 The Elite Circle 4 September 2nd, 2010 11:00 PM


All times are GMT -4. The time now is 05:53 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 2017-12-11 in 0.15 seconds with 20 queries on phoenix via your IP 54.82.79.109