NexusFi: Find Your Edge


Home Menu

 





Johnny's Journal


Discussion in Trading Journals

Updated
      Top Posters
    1. looks_one JohnnyAustin with 217 posts (324 thanks)
    2. looks_two tderrick with 41 posts (14 thanks)
    3. looks_3 bluemele with 26 posts (14 thanks)
    4. looks_4 Big Mike with 13 posts (12 thanks)
      Best Posters
    1. looks_one JohnnyAustin with 1.5 thanks per post
    2. looks_two Big Mike with 0.9 thanks per post
    3. looks_3 bluemele with 0.5 thanks per post
    4. looks_4 tderrick with 0.3 thanks per post
    1. trending_up 45,405 views
    2. thumb_up 386 thanks given
    3. group 9 followers
    1. forum 325 posts
    2. attach_file 102 attachments




 
Search this Thread

Johnny's Journal

  #311 (permalink)
 
vovan348's Avatar
 vovan348 
Moscow
 
Experience: Beginner
Platform: Trade Nav., NinjaTrader
Trading: ES, TF, 6E
Posts: 460 since Mar 2011
Thanks Given: 612
Thanks Received: 406


JohnnyAustin View Post

Vovan, I don't think there is any one method which will fit every trading scenario. I think maximum gains can be achieved by developing trading scenarios for various market conditions and replaying them until systemic profit potential is realized.

I think that any method can work if you try hard enough to make it work. All I can say about 144 chart that I could find 2-3 points trades few months ago with nft setup and I can see some setup in today's conditions. My profits are depending on the move I get into on the pull back or if I take counter trend trade my profit depends on the previous move against me.
So long story short. Bigger movements on the market bigger profits. I know that every day is different an some days are much easier to trade than others but I can feel with the time it's easier for me to spot entries.
That's right that one day it looks good on 1minute chart another day on a tick chart or it looks perfect on 5 minutes ones in a while. As Bob said you should go with one you feel the best. Some people say that is nothing better than range bars and other hate them.
BTW about range bars. I had a very simple strategy in my mind with range bars looking at that volatility we've got lately. I tested it on last week charts and it worked so great. I could make 7-10 points within first half an hour. Then I tried it on replay of few days of July and it was about BE. This is a great example of the strategy that doesn't work in everyday bases.

Follow me on Twitter Visit my NexusFi Trade Journal Reply With Quote
Thanked by:

Can you help answer these questions
from other members on NexusFi?
Better Renko Gaps
The Elite Circle
How to apply profiles
Traders Hideout
Pivot Indicator like the old SwingTemp by Big Mike
NinjaTrader
NT7 Indicator Script Troubleshooting - Camarilla Pivots
NinjaTrader
REcommedations for programming help
Sierra Chart
 
  #312 (permalink)
 
bluemele's Avatar
 bluemele 
Honolulu, Hawaii
 
Experience: Intermediate
Platform: NinjaTrader
Broker: ATC/TT, AMP/Zen-Fire, AMP/CQG
Trading: TF
Posts: 2,543 since Jun 2010
Thanks Given: 3,803
Thanks Received: 2,842

My two favorite bar types:

1. RangeNoGap

2. Momentum (Dynamic, don't know real name)

Both, very good and dependent upon the method could be very valuable to different strategies. Tick charts are very messy, but for what I learned it is the only method that has the same 'look' on the MACDBB.

Visit my NexusFi Trade Journal Reply With Quote
Thanked by:
  #313 (permalink)
 
tderrick's Avatar
 tderrick 
Nashville, Tennessee
 
Experience: Intermediate
Platform: Ninja / Jigsaw / 9G
Broker: AMP / CQG
Trading: NQ, YM and ES
Posts: 1,588 since Sep 2010
Thanks Given: 4,260
Thanks Received: 2,532


I love using a 6 range chart along with my 5 min chart ... I can't seem to find out if they are No Gap, however...



bluemele View Post
My two favorite bar types:

1. RangeNoGap

2. Momentum (Dynamic, don't know real name)

Both, very good and dependent upon the method could be very valuable to different strategies. Tick charts are very messy, but for what I learned it is the only method that has the same 'look' on the MACDBB.



AJ
Nashville, Tennessee


"Life On The Edge of SR"
Follow me on Twitter Visit my NexusFi Trade Journal Reply With Quote
  #314 (permalink)
 
JohnnyAustin's Avatar
 JohnnyAustin 
Austin, TX
 
Experience: Intermediate
Platform: NinjaTrader
Broker: Amp and Zenfire
Trading: TF
Posts: 360 since Dec 2010
Thanks Given: 119
Thanks Received: 435

Finally got some time to watch the TF today. Given the market sentiment (i.e. volatility), I decided to follow my gut (as well as follow others advice) and keep to my existing trading setup. I know it, I know where it works and where it doesn't. I saw a TON of movement on the minute chart and the tick chart, so I had to decide where to make a trade. Given how quickly the tick chart was moving, the minute chart was where I was going to make the trade.

Waited for the signal to be hit and it hit perfectly. Once I took the trade, I watched the tick chart. Still, I didn't want to take a chance to bid the ask so I bought Market just to get in. Also, once I got in, Big Money took it for a ride. I rode it through a bit of resistance and closed out as I was approaching R1. Closed out at +25 ticks within 43 seconds

Many thanks to the site and all the contributors. Great source of info.
Attached Thumbnails
Click image for larger version

Name:	long1.jpg
Views:	170
Size:	89.6 KB
ID:	47266  
Visit my NexusFi Trade Journal Started this thread Reply With Quote
Thanked by:
  #315 (permalink)
 
JohnnyAustin's Avatar
 JohnnyAustin 
Austin, TX
 
Experience: Intermediate
Platform: NinjaTrader
Broker: Amp and Zenfire
Trading: TF
Posts: 360 since Dec 2010
Thanks Given: 119
Thanks Received: 435

I wanted my next trade to be a short. I waited through the swing and bounce for a decent downtrend. Again, this volatility sucks the left goat's @$%^. Took the trade based off the tick chart as it was giving me what I wanted to see. My finger was on the Close button though, ready to close out ASAP. Luckily, I suffered through a few seconds of being 6 ticks out of the money to get 9 ticks in the money. Up to +34 on the day.

Many thanks to the site and all the contributors. Great source of info.
Attached Thumbnails
Click image for larger version

Name:	short1.jpg
Views:	303
Size:	75.9 KB
ID:	47268  
Visit my NexusFi Trade Journal Started this thread Reply With Quote
Thanked by:
  #316 (permalink)
 
vovan348's Avatar
 vovan348 
Moscow
 
Experience: Beginner
Platform: Trade Nav., NinjaTrader
Trading: ES, TF, 6E
Posts: 460 since Mar 2011
Thanks Given: 612
Thanks Received: 406

Hey Johnny!

It's been a while from your last post. Is everything alright? How's the little one doing?

Follow me on Twitter Visit my NexusFi Trade Journal Reply With Quote
Thanked by:
  #317 (permalink)
 
tderrick's Avatar
 tderrick 
Nashville, Tennessee
 
Experience: Intermediate
Platform: Ninja / Jigsaw / 9G
Broker: AMP / CQG
Trading: NQ, YM and ES
Posts: 1,588 since Sep 2010
Thanks Given: 4,260
Thanks Received: 2,532


vovan348 View Post
Hey Johnny!

It's been a while from your last post. Is everything alright? How's the little one doing?


He's in the middle of life in overdirve.


AJ
Nashville, Tennessee


"Life On The Edge of SR"
Follow me on Twitter Visit my NexusFi Trade Journal Reply With Quote
  #318 (permalink)
 
bluemele's Avatar
 bluemele 
Honolulu, Hawaii
 
Experience: Intermediate
Platform: NinjaTrader
Broker: ATC/TT, AMP/Zen-Fire, AMP/CQG
Trading: TF
Posts: 2,543 since Jun 2010
Thanks Given: 3,803
Thanks Received: 2,842

Yes, kids do that to you!! haha....

I am amazed at how much time they soak up. My parent never spent time with us kids, so I guess I didn't realize the commitment involved to do it a bit better!

Visit my NexusFi Trade Journal Reply With Quote
Thanked by:
  #319 (permalink)
 
JohnnyAustin's Avatar
 JohnnyAustin 
Austin, TX
 
Experience: Intermediate
Platform: NinjaTrader
Broker: Amp and Zenfire
Trading: TF
Posts: 360 since Dec 2010
Thanks Given: 119
Thanks Received: 435


tderrick View Post
He's in the middle of life in overdirve.

Kid, wife, great job (even though it is a job, we are thankful I have it) with OT, and working on my performance art. Haven't even TOUCHED the markets since...what...August? Not that I'm not interested, just not enough time.

A guy we were hanging out with the other day tried to get me interested in forex trading. He had no idea what futures were, 6E, index trading, etc. I spent a few hours and schooled him That piqued my interest again as I did pretty good walking him through my three trades. I installed NT7 on a spare USB stick and can now take it anywhere and use it. I'm also saving my trades to it so I can have a record of my performance. Got everything setup I think how I had it, if not a bit better. Never took my eye of the markets though as that is where I enjoy spending my time.

Replay of today's data on the TF. Now, for the trade...I felt a bit late on the entry, but that was probably because I am tired and drowsy. Once I got in the trade, it woke me up. Suffered through some pushing of the market down which I could see from the pro's exiting their positions. Got me a bit hesitant but it turned out fine. Exit was perfect.

And here's two of him.

Many thanks to the site and all the contributors. Great source of info.
Attached Thumbnails
Click image for larger version

Name:	trade1.jpg
Views:	282
Size:	63.8 KB
ID:	58110   Click image for larger version

Name:	Ilario xmas.jpg
Views:	256
Size:	63.9 KB
ID:	58111   Click image for larger version

Name:	ilario happy.jpg
Views:	127
Size:	47.4 KB
ID:	58112  
Visit my NexusFi Trade Journal Started this thread Reply With Quote
  #320 (permalink)
 
JohnnyAustin's Avatar
 JohnnyAustin 
Austin, TX
 
Experience: Intermediate
Platform: NinjaTrader
Broker: Amp and Zenfire
Trading: TF
Posts: 360 since Dec 2010
Thanks Given: 119
Thanks Received: 435


Not enough time to post up the last two trades. Not even enough time to properly review my trades. Oh how I would not of squandered the time I had when we were without child. Not that I don't want him, he is awesome and brings pure joy to our lives. But, it does take alot of time . I tested out my USB stick some more and it works well. I'm glad to see I've not lost the touch. Ended up +48 ticks.

Selective focus is what defines my free time at the moment. Given the simply massive opportunities in front of me, I will be spending every second of time possible on practice for upcoming Vegas auditions on January 14th. I need to be in the top 18 to be selected. I'm good, hopefully I am THAT good.

Many thanks to the site and all the contributors. Great source of info.
Visit my NexusFi Trade Journal Started this thread Reply With Quote
Thanked by:




Last Updated on March 13, 2012


© 2024 NexusFi™, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
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.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Privacy Policy - Downloads - Top
no new posts