bobs qwest to attain consistency - Trading Journals | futures io social day trading
futures io futures trading


bobs qwest to attain consistency
Updated: Views / Replies:59,086 / 771
Created: by bobarian Attachments:814

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
 814  
 
Thread Tools Search this Thread
 

bobs qwest to attain consistency

  #271 (permalink)
Market Wizard
whitestone, new york
 
Futures Experience: Intermediate
Platform: ninja trader
 
bobarian's Avatar
 
Posts: 1,536 since Oct 2010
Thanks: 3,388 given, 2,068 received
Forum Reputation: Legendary

1/26/2012
thurs
4 trades
-10 ticks net
Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).

Attached Files
1 26 2012.mp4 (33.16 MB, 10 views)
Reply With Quote
The following 2 users say Thank You to bobarian for this post:
 
  #272 (permalink)
Elite Member
desert CA
 
Futures Experience: Intermediate
Platform: NT7, TOS
Broker/Data: AMP/wCQG, TDA
Favorite Futures: CL,YM
 
Posts: 2,027 since Jul 2011
Thanks: 2,211 given, 1,551 received

Hi Bobarian,

Here are some posts I did relating some of my experience with BPA. (Brook's price action) and trying
to illustrate a few examples:

https://futures.io/elite-circle/3506-elusive-price-action-how-trade-133.html#post174375
https://futures.io/elite-circle/16849-webinar-al-brooks-trends-reversals-ranges-4.html#post186017

https://futures.io/elite-circle/16849-webinar-al-brooks-trends-reversals-ranges-5.html#post186214

I noticed VinceVirgil has great positive trades of pa with s/r, in his journal. Although, I'm not sure to what extent he uses specific bpa. In general, one doesn't need to trade exactly like Al does on the 5 minute ES chart which are slow ticks and a lot of slow waiting. You can also use his ideas with other trading strategies or methods along with S/R lines/pivot point lines, and other faster tick moving instruments such as the 6E, TF or CL. Also I found reading the first original book and re-reading pages until I understood every page gave me a great boost to my understanding of bpa. Reading the book counts as some chart analysis practice because it forces the reader to analyze most every chart on most every page with the same pa concepts over and over again throughout the book. (This was before the new books. Now I have all 3 new books and am going through them which is a little easier now I've learned the terminology; but Al also has tips to read the new books in the intro also.) Hope this helps.


Last edited by Cloudy; January 26th, 2012 at 05:22 PM.
Reply With Quote
The following 3 users say Thank You to Cloudy for this post:
 
  #273 (permalink)
Elite Member
Toronto, Canada
 
Futures Experience: Advanced
Platform: NT
Broker/Data: TD Ameritrade, Dorman/Zenfire
Favorite Futures: CL,ES
 
VinceVirgil's Avatar
 
Posts: 1,752 since Aug 2011
Thanks: 2,144 given, 9,180 received



Cloudy View Post
Hi Bobarian,

Here are some posts I did relating some of my experience with BPA. (Brook's price action) and trying
to illustrate a few examples:

https://futures.io/elite-circle/3506-elusive-price-action-how-trade-133.html#post174375
https://futures.io/elite-circle/16849-webinar-al-brooks-trends-reversals-ranges-4.html#post186017

https://futures.io/elite-circle/16849-webinar-al-brooks-trends-reversals-ranges-5.html#post186214

I noticed VinceVirgil has great positive trades of pa with s/r, in his journal. Although, I'm not sure to what extent he uses specific bpa. In general, one doesn't need to trade exactly like Al does on the 5 minute ES chart which are slow ticks and a lot of slow waiting. You can also use his ideas with other trading strategies or methods along with S/R lines/pivot point lines, and other faster tick moving instruments such as the 6E, TF or CL. Also I found reading the first original book and re-reading pages until I understood every page gave me a great boost to my understanding of bpa. Reading the book counts as some chart analysis practice because it forces the reader to analyze most every chart on most every page with the same pa concepts over and over again throughout the book. (This was before the new books. Now I have all 3 new books and am going through them which is a little easier now I've learned the terminology; but Al also has tips to read the new books in the intro also.) Hope this helps.

I can tell you about BPA. I really use a couple of the setups he says to look for in Chapter 15 of his first book. In the first paragragh of the chapter, he states that is you stick to the setups, on the E Mini, this is what he stated.

" If a trader had the patience to wait possibly for hours for one to develop (best trades) and only restricted himself to the trades in this chapter, he would be a very successful trader. However, restricitng yourself to the very best trades is the most difficult part of trading. If you arn't making money yet, it is something you seriously need to consider trying. One important component to making money is avoiding bad trades that invariably erase much more than what you will earn from your good trades." Page 353, Reading Price Charts Bar by Bar for the Serious Trader

I tried the ES, but I changed to CL in at teh end of November. I changed because the ES was killing me with boredom. I was making trades that were foolish because I was bored, and that was, needless to say, unsuccessful. I had dabbled in CL, but I listened to my broker, and didnt consider it as an instrument to trade because "beginners are not suppossed to trade CL" But, I figure, everyone who starts to trade CL is a beginner, by definition.

So I use BPA on the CL, but I have worked I have my own codex for entries, using many of PA principles with regard to S/R, Trends, Ranges, Reversals. I trade a 5 min, with a 30 minute for comfimation. The majority of successful traders trade a longer time frame. I tried the 1 minute, and the 4 range, and I got massacered. Entries are on the 5min. My indicator is a single 21 EMA. Works for me, so I am sticking with it.

For me, less is more. I have too much going on in my head, dont need to see it on the screen.

Reply With Quote
The following 6 users say Thank You to VinceVirgil for this post:
 
  #274 (permalink)
Elite Member
desert CA
 
Futures Experience: Intermediate
Platform: NT7, TOS
Broker/Data: AMP/wCQG, TDA
Favorite Futures: CL,YM
 
Posts: 2,027 since Jul 2011
Thanks: 2,211 given, 1,551 received

Interesting ideas VinceVirgil, thanks for sharing. I would agree that anyone just starting CL is still a "newbie" to CL. It behaves differently. I think Deucalion said somewhere in his posts he had decided to tackle different markets no matter what their difficulty level.

As for me I've been trying the CL again, just scalping. I'm using 2min for analyzing and 1 range for scalp entries. I'm also looking to try the TF , trading on that instead taking slow and fat tick trades on the ES. Here's my cl trades for a small session 2 days ago. It's a cleaned up chart. I also have a few 3rd party s/r levels, kwik-pop pivot lines, eminwatch.com volume indicators etc.

Attached Thumbnails
bobs qwest to attain consistency-cl_012512.jpg  
Reply With Quote
The following 2 users say Thank You to Cloudy for this post:
 
  #275 (permalink)
Market Wizard
whitestone, new york
 
Futures Experience: Intermediate
Platform: ninja trader
 
bobarian's Avatar
 
Posts: 1,536 since Oct 2010
Thanks: 3,388 given, 2,068 received
Forum Reputation: Legendary


Cloudy View Post
Hi Bobarian,

Here are some posts I did relating some of my experience with BPA. (Brook's price action) and trying
to illustrate a few examples:

https://futures.io/elite-circle/3506-elusive-price-action-how-trade-133.html#post174375
https://futures.io/elite-circle/16849-webinar-al-brooks-trends-reversals-ranges-4.html#post186017

https://futures.io/elite-circle/16849-webinar-al-brooks-trends-reversals-ranges-5.html#post186214

I noticed VinceVirgil has great positive trades of pa with s/r, in his journal. Although, I'm not sure to what extent he uses specific bpa. In general, one doesn't need to trade exactly like Al does on the 5 minute ES chart which are slow ticks and a lot of slow waiting. You can also use his ideas with other trading strategies or methods along with S/R lines/pivot point lines, and other faster tick moving instruments such as the 6E, TF or CL. Also I found reading the first original book and re-reading pages until I understood every page gave me a great boost to my understanding of bpa. Reading the book counts as some chart analysis practice because it forces the reader to analyze most every chart on most every page with the same pa concepts over and over again throughout the book. (This was before the new books. Now I have all 3 new books and am going through them which is a little easier now I've learned the terminology; but Al also has tips to read the new books in the intro also.) Hope this helps.

thank you cloudy, the pics are very helpful, with the h1,h2 .I appreciate it

Reply With Quote
The following user says Thank You to bobarian for this post:
 
  #276 (permalink)
Market Wizard
whitestone, new york
 
Futures Experience: Intermediate
Platform: ninja trader
 
bobarian's Avatar
 
Posts: 1,536 since Oct 2010
Thanks: 3,388 given, 2,068 received
Forum Reputation: Legendary

1/30/2012
monday.
4 trades
+24 net
3 shorts, 1 long(a mistake.
there were plenty of takable longs, just not the one i took!
I went skiing this weekend, and as usual, did alot of thinking.I have been spending alot of energy, just trying to stay positive.A break was needed, and was nice.Got home sunday, and started working.I have been spending time with the Al Brooks webinars, and some other traders , have been kind enough to share what they have learned.Actually, in late november, i became very interested in his trading.His logic, makes alot of sense to me.Ok, so, with just a little bit of time invested in Als method, i have begun to apply some of the trades.Honestly, these are trades that i should be familiar with, but, my quest for the holy grail obscured the true lessons, not to mention all the indicators i went through.
***********ok, to sum it up, i am looking to trade with the trend(always), and i baically am focussed on the trendlines.Less diddle in the middle.If a bottom is tested , for example(like today)and the shorts continuously fail, this is a logical area to look for longs.On the same track, when price goes up, and the longs start to fail(either at a pivot or a trend line , we look for shorts.The profit target depends on how much room we have.Its kinda like goal tending in the NBA.You hang around the basket, and just wait for the ball to show up....if it does, youre in position to take the easiest high probability shot.
*******i tried to work the 4
Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).

Attached Files
1 30 2012.mp4 (17.98 MB, 7 views)
Reply With Quote
The following 5 users say Thank You to bobarian for this post:
 
  #277 (permalink)
Market Wizard
whitestone, new york
 
Futures Experience: Intermediate
Platform: ninja trader
 
bobarian's Avatar
 
Posts: 1,536 since Oct 2010
Thanks: 3,388 given, 2,068 received
Forum Reputation: Legendary

1/31/2012
tuesday
8 trades
-51 net
oy
the video is too painful.A good example of seeing the leaves, not the forest.When the market rallies straight up, i typically have trouble.Its not orderly, and the ranges of the bars are too big.The solution?stay out.Wait for order to return.I completely ignored my line charts today, and thats a no no.I will post the chart.
Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).

Reply With Quote
The following 4 users say Thank You to bobarian for this post:
 
  #278 (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

We want the video, we want the video....

Reply With Quote
The following user says Thank You to bluemele for this post:
 
  #279 (permalink)
Market Wizard
whitestone, new york
 
Futures Experience: Intermediate
Platform: ninja trader
 
bobarian's Avatar
 
Posts: 1,536 since Oct 2010
Thanks: 3,388 given, 2,068 received
Forum Reputation: Legendary


bluemele View Post
We want the video, we want the video....

lol! i tried, but i honestly was having trouble explaining why i took some of the trades! a tilt big time.That big move in the beginning , i need to be patient when that happens, as there were trades today

Reply With Quote
 
  #280 (permalink)
Market Wizard
whitestone, new york
 
Futures Experience: Intermediate
Platform: ninja trader
 
bobarian's Avatar
 
Posts: 1,536 since Oct 2010
Thanks: 3,388 given, 2,068 received
Forum Reputation: Legendary


oh, and another thing....If i would just focus on what i have here, and stop exploring so much, i might actually get my consistency.I have an amazing capacity, to get sidetracked.Hmmm

Reply With Quote
The following 2 users say Thank You to bobarian for this post:

Reply



futures io > > > bobs qwest to attain consistency

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
Discipline -> Consistency -> Success scorp Trading Journals 17 March 7th, 2011 12:42 PM
Where to attain historical ES tick data for NT7? sev888 Traders Hideout 7 August 18th, 2010 02:15 AM
Consistency is king caprica Psychology and Money Management 2 July 21st, 2009 07:34 PM


All times are GMT -4. The time now is 12:08 PM.

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 2017-12-15 in 0.09 seconds with 19 queries on phoenix via your IP 54.226.34.209