NexusFi: Find Your Edge


Home Menu

 





bobs qwest to attain consistency


Discussion in Trading Journals

Updated
      Top Posters
    1. looks_one bobarian with 783 posts (1,408 thanks)
    2. looks_two VinceVirgil with 31 posts (68 thanks)
    3. looks_3 Rrrracer with 22 posts (29 thanks)
    4. looks_4 PandaWarrior with 21 posts (45 thanks)
      Best Posters
    1. looks_one VinceVirgil with 2.2 thanks per post
    2. looks_two PandaWarrior with 2.1 thanks per post
    3. looks_3 bobarian with 1.8 thanks per post
    4. looks_4 Rrrracer with 1.3 thanks per post
    1. trending_up 143,907 views
    2. thumb_up 1,833 thanks given
    3. group 50 followers
    1. forum 1,025 posts
    2. attach_file 987 attachments




 
Search this Thread

bobs qwest to attain consistency

  #741 (permalink)
 
bobarian's Avatar
 bobarian 
whitestone, new york
 
Experience: Intermediate
Platform: ninja trader
Posts: 1,995 since Oct 2010
Thanks Given: 5,258
Thanks Received: 3,120

11/27
mMonday, we open below ramge/value.I have failed mostly when trading at vwap.However, in todays example,opening below v/r, pulling back to vwap/confluence,i believe is justifiable...Massive churn up there, how to interperit? at ONL, 30 min buy candle,target either vwap or sd1.With all this set, i think in the future, i will try this location in this circumstance.
The short i took(sim) was in the ditch(sd-1.5) with a 1/5 min sell candle.There was a massive churn there as well. Again , this could have jumped to sd-1,and stopped me.However, i got a 5 and 1min sell candle(hammer) at the high of the pullback.I must take this in the ditch.+15...for this week, my intention is simple.... 1 trade a day,take your best shot...positive after friday, live on Monday

Visit my NexusFi Trade Journal Started this thread Reply With Quote
Thanked by:

Can you help answer these questions
from other members on NexusFi?
Exit Strategy
NinjaTrader
ZombieSqueeze
Platforms and Indicators
The space time continuum and the dynamics of a financial …
Emini and Emicro Index
Futures True Range Report
The Elite Circle
Better Renko Gaps
The Elite Circle
 
Best Threads (Most Thanked)
in the last 7 days on NexusFi
Get funded firms 2023/2024 - Any recommendations or word …
61 thanks
Funded Trader platforms
38 thanks
NexusFi site changelog and issues/problem reporting
27 thanks
GFIs1 1 DAX trade per day journal
19 thanks
The Program
18 thanks
  #742 (permalink)
 
bobarian's Avatar
 bobarian 
whitestone, new york
 
Experience: Intermediate
Platform: ninja trader
Posts: 1,995 since Oct 2010
Thanks Given: 5,258
Thanks Received: 3,120

nov 28..open in range in value(yest)
with this, i focus on the edges..sd2/sd-2.Off the open we moved higher,and got some 5min sell candles in sd2.However, without any real 1min vol spikes which usually send cl lower.So what does this mean potentially?As Dalton says, what is it trying to do,and how well is it doing it?Anyway, cl pulled back to sd1/rth mid, and gave a 5min dogi.This was the best entry.in hindsight.Taking a continuation pb at sd1 is usually on exploration days, out of prev days range.Not today.This is the hardest part...context....It all makes sense....after,,,I tried a short on a nhodon a 1/5min sell candle in sd2 reject One thing to remember here....when there are levels above(ycod,yhod) cl can reach for them ....or not...today cl did, and gave a gasp when it came to ycod,no vol spike,nothing special..We got a 5min sell candle, which worked.
I took a short earlier,-10.As I said, cl reached for ycod.

Visit my NexusFi Trade Journal Started this thread Reply With Quote
Thanked by:
  #743 (permalink)
 
rassi's Avatar
 rassi 
the congo
 
Experience: Advanced
Platform: North sea oil rig
Trading: Cl
Posts: 927 since Jun 2009
Thanks Given: 1,563
Thanks Received: 1,199



bobarian View Post
nov 28..open in range in value(yest)

with this, i focus on the edges..sd2/sd-2.Off the open we moved higher,and got some 5min sell candles in sd2.However, without any real 1min vol spikes which usually send cl lower.So what does this mean potentially?As Dalton says, what is it trying to do,and how well is it doing it?Anyway, cl pulled back to sd1/rth mid, and gave a 5min dogi.This was the best entry.in hindsight.Taking a continuation pb at sd1 is usually on exploration days, out of prev days range.Not today.This is the hardest part...context....It all makes sense....after,,,I tried a short on a nhodon a 1/5min sell candle in sd2 reject One thing to remember here....when there are levels above(ycod,yhod) cl can reach for them ....or not...today cl did, and gave a gasp when it came to ycod,no vol spike,nothing special..We got a 5min sell candle, which worked.

I took a short earlier,-10.As I said, cl reached for ycod.



Price action on your overlay candles said that long was valid imho they are 30min right?


Sent using the nexusfi.com mobile app

Visit my NexusFi Trade Journal Reply With Quote
Thanked by:
  #744 (permalink)
 
bobarian's Avatar
 bobarian 
whitestone, new york
 
Experience: Intermediate
Platform: ninja trader
Posts: 1,995 since Oct 2010
Thanks Given: 5,258
Thanks Received: 3,120


rassi View Post
Price action on your overlay candles said that long was valid imho they are 30min right?


Sent using the nexusfi.com mobile app

Yes Rassi, 30min overlay.Also, that 30min candle had a large wick...But, still,it closed higher...On an inside day like today, i try to use the edges.In this case, the sd1 \rth mid became an edge.When cl moved lower from sd2 before 9:30, it was on lower volume.Usually, a capitulation /1min vol spike (5k to 8k) will signify a short term capitulation, resulting in a move down to sd-1.This did happen actually.....However, just being in the sd2 doesnt mean cl is done.Because of the non climactic price action prior to 9:30, I should have been more patient.Just above, we had ycod and yhod to reach for....As cl reached for ycod, it just ran out of gas....so going forward, I have to wait for the 5min sell candle or 1min vol spike at a level of confluence,and if it cant get there , oh well.All this, is as it relatesto the context of an inside day....context....context
So why didnt I short the 5min sell candle at ycod?...I was looking for a little mor umff from the 1min...a nice vol spike.Also, being stopped on a previous 5min sell candle was probably lurking in back of my mind...and that is not useful , gotta reset betteralso, the way we got to the hod was a grind.....I like to see some selling come in,to consider the entry

Visit my NexusFi Trade Journal Started this thread Reply With Quote
Thanked by:
  #745 (permalink)
 
Rrrracer's Avatar
 Rrrracer 
On the road
Webinar Host
Trading Nomad
 
Experience: Intermediate
Platform: TradingView
Broker: Oanda
Trading: FX
Posts: 2,512 since Feb 2017
Thanks Given: 17,582
Thanks Received: 9,752

Thanks for the charts. Hey, what is 1/5 SC?

Follow me on Twitter Visit my NexusFi Trade Journal Reply With Quote
  #746 (permalink)
 
bobarian's Avatar
 bobarian 
whitestone, new york
 
Experience: Intermediate
Platform: ninja trader
Posts: 1,995 since Oct 2010
Thanks Given: 5,258
Thanks Received: 3,120


Rrrracer View Post
Thanks for the charts. Hey, what is 1/5 SC?

1minute sell candle ,5min sell candle....simple candles can be very helpful at certain levels....definately alotbetter than any indicator I've ever tried

Visit my NexusFi Trade Journal Started this thread Reply With Quote
Thanked by:
  #747 (permalink)
 
Devil Man's Avatar
 Devil Man 
Fort Lauderdale
Legendary / Stochastic Calculus is not your friend
 
Experience: None
Platform: Ninjatrader, Python API
Broker: CQG
Trading: ES,NQ,CL
Posts: 849 since Oct 2009
Thanks Given: 3,399
Thanks Received: 1,534


bobarian View Post
1minute sell candle ,5min sell candle....simple candles can be very helpful at certain levels....definately alotbetter than any indicator I've ever tried

Good to hear that! I've come to trust my Japanese Candlesticks more than the news or any other indicator out there....if you know how to read them, they work.

Johnny

Reply With Quote
Thanked by:
  #748 (permalink)
 
Rrrracer's Avatar
 Rrrracer 
On the road
Webinar Host
Trading Nomad
 
Experience: Intermediate
Platform: TradingView
Broker: Oanda
Trading: FX
Posts: 2,512 since Feb 2017
Thanks Given: 17,582
Thanks Received: 9,752


Devil Man View Post
Good to hear that! I've come to trust my Japanese Candlesticks more than the news or any other indicator out there....if you know how to read them, they work.

Johnny

Do you use Renko or Heiken Ashi? Would love to see some examples of how you use them. Do you have a journal here or elsewhere?

Follow me on Twitter Visit my NexusFi Trade Journal Reply With Quote
  #749 (permalink)
 
Devil Man's Avatar
 Devil Man 
Fort Lauderdale
Legendary / Stochastic Calculus is not your friend
 
Experience: None
Platform: Ninjatrader, Python API
Broker: CQG
Trading: ES,NQ,CL
Posts: 849 since Oct 2009
Thanks Given: 3,399
Thanks Received: 1,534


Rrrracer View Post
Do you use Renko or Heiken Ashi? Would love to see some examples of how you use them. Do you have a journal here or elsewhere?

@Rrrracer I don't Renko or Heiken Ashi at all. I don't have a journal but I am putting together a webinar, hopefully sometime after the first of the year it will be ready. If you're interested and you don't mind me posting in your thread, I'll show some of my trades with candlesticks and how I use them.

apologies @bobarian I hope I am not too off topic on your thread!

thanks

Johnny

Reply With Quote
  #750 (permalink)
 
Rrrracer's Avatar
 Rrrracer 
On the road
Webinar Host
Trading Nomad
 
Experience: Intermediate
Platform: TradingView
Broker: Oanda
Trading: FX
Posts: 2,512 since Feb 2017
Thanks Given: 17,582
Thanks Received: 9,752


Interesting! By all means, that would be fantastic. Agreed, sorry @bobarian, not trying to squat and trash YOUR place... yet

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




Last Updated on February 4, 2019


© 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