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


TF day trading
Updated: Views / Replies:126,419 / 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 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
 239  
 
Thread Tools Search this Thread
 

TF day trading

  #71 (permalink)
Elite Member
Quebec
 
Futures Experience: Intermediate
Platform: NinjaTrader wt Rancho Dinero's profiling tools
Broker/Data: Stage 5 trading/AMP/CQG
Favorite Futures: ES, NQ, YM
 
trendisyourfriend's Avatar
 
Posts: 3,697 since Oct 2009
Thanks: 3,041 given, 4,496 received


bluemele View Post
...
I am supposed to be trading with the trend. That has been the single biggest issue of trading against the larger trend as your indicators will not give as clear an entry on the trend trades. I am getting better at identifying those trends, but even so, counter-trend trading with MACD's is possible.

To avoid obfuscating anybody just PM me your mentor's web site, i'll take a look. Regarding counter-trend trades with MACD, i do it too. But i have noticed that it's easier for me to take a counter-trend trade when price retraces or makes a pullback. A typical example is when price retest a swing high in a downtrend or a swing low in an uptrend. I like to use the BBMACD to evaluate the strength of the push against or with the global trend. You might argue that it's not a counter trend trade but i like to think that i am going against the emerging momentum.

I tried to illustrade a typical counter trend trade setup as i see it presently in my understanding of price action. You should easily see how i tend to interpret the MACD in relation to price action. To avoid any confusion, i first look at the reaction of my indicators then i look at price to find the ideal entry point. Price action as i see it is evaluated in a global context and by that i mean in relation to what the indicators suggest in the developing context. I like to think i use a frame of reference to interpret what's going on.

Attached Thumbnails
TF day trading-tf_countertrade_ex.jpg  
Reply With Quote
The following user says Thank You to trendisyourfriend for this post:
 
  #72 (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


trendisyourfriend View Post
To avoid obfuscating anybody just PM me your mentor's web site, i'll take a look. Regarding counter-trend trades with MACD, i do it too. But i have noticed that it's easier for me to take a counter-trend trade when price retraces or makes a pullback. A typical example is when price retest a swing high in a downtrend or a swing low in an uptrend. I like to use the BBMACD to evaluate the strength of the push against or with the global trend. You might argue that it's not a counter trend trade but i like to think that i am going against the emerging momentum.

I tried to illustrade a typical counter trend trade setup as i see it presently in my understanding of price action. You should easily see how i tend to interpret the MACD in relation to price action. To avoid any confusion, i first look at the reaction of my indicators then i look at price to find the ideal entry point. Price action as i see it is evaluated in a global context and by that i mean in relation to what the indicators suggest in the developing context. I like to think i use a frame of reference to interpret what's going on.

Yes, nice chart and I agree 100%.

Pullbacks using small stops are harder to identify the setups IMHO. I am not an expert yet, pullbacks are possible, and I try to get in on the 23% deep pullback to test the pivot. By not waiting I tend to give more gifts and I set it to BE+1 too often and get knocked out anyways, but also sometimes it doesn't retest support/resistance and I am in a very nice run.

Friday was an interesting day...

Oh, and ignore all the BS on the 'sales' part of the website that I send... It is all new to try and get students, but it doesn't deter me as I believe it works.

Reply With Quote
The following 2 users say Thank You to bluemele for this post:
 
  #73 (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


I am in Hawaii working on some of my development projects, so no trading this week.

Reply With Quote
 
  #74 (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

Ok, -28.00 today or -3 ticks total.

My first day using NinjaTrader and my first day back trading after a week off. I was chomping at the bit to trade and wasn't clear on which direction to go.

I saw longs on the 50K, short on the 4181 and 1597, so I COULD have chosen to sit it out until clear. It was clear on my last long and I could have held it for much longer, but I am back to my old habits.

Trades:

1. -4 ticks, The 987 was saying more up!

2. -4 ticks, same as trade #1!

3. -5 ticks, I thought this was the pivot for a short finally. I was close.

4. -3 ticks, Ok, from the mess on the Ninjatrader charts, you can tell that I am trading way too much. I wanted to hit that pivot and it did one last surge up. This was the high for the early morning.

5. +13 ticks, this was good insight as even though I saw short, it was saying it was unsure or going to range.

6. NO FILL, Down arrow showing I tried to enter at 724.50 but I guess too many people felt the same way.

7. +1 tick, I was ready for the short, but the market wanted to range.

8. -2 ticks, tight stop, expected a bounce, but bars were closing down. Pay attention!

9. -5 ticks, I expected it to run from here.

10. +1 tick, came back down to knock me out before a run.

11. +12 ticks, market was moving a bit slow, and since I only have one contract decided to exit to take care of other things.

For my first day of using JUST NT 7, I am very happy. This was fun to me.

I am very excited to drop TS!


Attached Thumbnails
TF day trading-1.jpg   TF day trading-2.jpg  
Reply With Quote
The following 3 users say Thank You to bluemele for this post:
 
  #75 (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

Ok, I was up/down today and still playing with NT7.0 so I am not going to post my charts.

I am not 100% yet with the platform, but on SIM I was +-50.00 dependent upon when I decided to stop trading.

A few nuances have yet to be Mastered.

Reply With Quote
The following user says Thank You to bluemele for this post:
 
  #76 (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

Ok, last day of playing w/ NinjaTrader7 and I noticed my wife's feed and my feed are completely different. My macd's are WAAAY different than hers! Strange?

So, I am on demo and she is on live account, so we need to figure this out. Kind of scary if you think about it, but I guess the feeds can be that different!

I think that is the issue.

I was up/down/up/down today. Pretty ranging day and I would have ended up -200.00 or -20 ticks for the day, but I was up about 11 ticks and maybe would have stopped, but still just learning the new system and how to react to certain conditions when they occur in the platform. Like scaling out quickly etc...

Tomorrow will be my first serious day.


Reply With Quote
The following 2 users say Thank You to bluemele for this post:
 
  #77 (permalink)
Elite Member
Frankfurt
 
Futures Experience: Intermediate
Platform: NinjaTrader
Favorite Futures: FGBL 6E B4
 
max-td's Avatar
 
Posts: 1,754 since Jun 2009
Thanks: 2,309 given, 917 received


Quoting 
Ok, last day of playing w/ NinjaTrader7 and I noticed my wife's feed and my feed are completely different. My macd's are WAAAY different than hers! Strange?

are you both on NT7 ?
are you both with zenfire just live + sim ?

or are you mixed on NT7 / 6,5 ?

as i heard there are some major changes with zenfire-servers, old ones / new ones, wich are giving realy different input - even if using NT7 only.

basicly sim vs. live on the same NT-version should not be a different in my eyes - if you have the same versions + same connected servers

i only heard about this from far away, so do not know exaclty whats behind this.

maybe someone knows more in this direction.

max-td
Reply With Quote
 
  #78 (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


max-td View Post
are you both on NT7 ?
are you both with zenfire just live + sim ?

or are you mixed on NT7 / 6,5 ?

as i heard there are some major changes with zenfire-servers, old ones / new ones, wich are giving realy different input - even if using NT7 only.

basicly sim vs. live on the same NT-version should not be a different in my eyes - if you have the same versions + same connected servers

i only heard about this from far away, so do not know exaclty whats behind this.

maybe someone knows more in this direction.

It is interesting isn't it!

I haven't realized this and I understand that TS is different then NT, but boy... We watched it today and it was strange, they were much closer, but bars were a bit different. Her bar setups looked completely different then mine! I would think they would be identical considering same exact computer (well except the stamp on the motherboard), same internet, I did a backup from NT7 and restored it on her computer etc.. You would think they would be identical. The only thing different is the feed, DEMO/LIVE.

Reply With Quote
 
  #79 (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

+7 ticks today

Ok, it was a positive trading day, but not the kind to be proud of.

The daily, 50K were all saying UP UP UP and there is a nice setup saying that it is going to head up to 730+- and then go for a big drop! I didn't listen to that, as I am only going for a couple points and the 4181 tick, 1597 tick were all saying that they have some retracing to do!

I want to upload my indicators and template, but I don't know how to export a template? So, I will hopefully put that on the first post soon.

The first image below is my trading results.

2nd image is my first trade of the day. You can see from the MACD's that it was headed north, but I thought possibly that it could go hard short, so I ignored them. I expected it to go down, then up, not up up up.

3rd image is a perfect picture of a counter-trend profitable trade. Clear separation on the MACD's, outside Keltner, etc.. I will explain nuances as I go, but most people can look at these two differences and see what isn't working.

I am still working on NinjaTrader and I find myself not getting in as much on the pivots as I do on TS. I use the chart trader, so my hand is right there, but maybe I am taking more time to confirm. I also didn't get in on a couple of trades due to no fills today.

Trades:

1. -3 ticks, MACD's were clearly saying going up except 4181.

2. -2 ticks, bad trade, closed it as it wasn't ready yet.

3. - 5 ticks, I chased this entry, as it was 'popping' very quickly and by the time I clicked it had dropped about 5 ticks, then popped me right out.

4. -2 ticks, ok, I thought for sure this was the pivot. It had a little more juice left in it. Had I kept a 5 tick boundary, I would have been ok.

5. +18 ticks, This was perfection. Not in the right direction, but perfect entry, perfect exit. Actually my entry was supposed to be @ 718.70, but it didn't fill me so I chased it. I considered stopping for the day.

6. NO FILL, went +8 ticks in my direction, but not a good possible trade.

7. -7 ticks, WOW, blew right through my stop! Poor entry location as I was thinking short a little bit more.

8. +1 tick, went BE+1 after it moved 12 ticks in positive direction. I expected more down, but was mis-reading bullishness.

9. -2 ticks, I realized this was heading up, so I manually exited.

10. NO FILL, this was a nice pivot that went for 25 ticks, but I kept chasing it and it wouldn't fill me. So, I waited patiently for the pullback and got on the last bar before a nice run down.

11. +13 ticks, Nice run, looked like it was coming to an end, so I exited before NEWS @ 10am (EST).

12. +0 ticks, I liked the look, but longer term was saying more up, so I exited.


I do have an ATM 'chase' for 1 tick if it hits my price and then goes it will move my entry by 1. This has helped me immensely on my entries.

I am expecting a nice short in the next couple days.

Attached Thumbnails
TF day trading-3.jpg   TF day trading-1.jpg   TF day trading-2.jpg   TF day trading-4.jpg  
Reply With Quote
 
  #80 (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

Indicators


Here is my indicators.

If someone could help me figure a way to just export my background, indicators w/ settings, etc. then that would be great! I don't know how to do that with NT7.

Attached Files
Register to download File Type: zip Keltner_MACDBB_NEWS_TICKCOUNTER2.zip (43.0 KB, 129 views)
Register to download File Type: zip templates.zip (26.2 KB, 111 views)
Reply With Quote
The following user says 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)

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
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 11:21 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 2017-12-13 in 0.17 seconds with 20 queries on phoenix via your IP 54.227.51.103