BRETT'S NAKED IN IOWA JOURNAL - futures io
futures io



BRETT'S NAKED IN IOWA JOURNAL


Discussion in Trading Journals

Updated
      Top Posters
    1. looks_one brettwilson69 with 244 posts (333 thanks)
    2. looks_two AttitudeTrader with 12 posts (3 thanks)
    3. looks_3 Big Mike with 6 posts (2 thanks)
    4. looks_4 r3algood with 3 posts (6 thanks)
      Best Posters
    1. looks_one worldwary with 3 thanks per post
    2. looks_two r3algood with 2 thanks per post
    3. looks_3 brettwilson69 with 1.4 thanks per post
    4. looks_4 AttitudeTrader with 0.3 thanks per post
    1. trending_up 29,010 views
    2. thumb_up 354 thanks given
    3. group 9 followers
    1. forum 273 posts
    2. attach_file 328 attachments




Welcome to futures io: the largest futures trading community on the planet, with well over 125,000 members
  • Genuine reviews from real traders, not fake reviews from stealth vendors
  • Quality education from leading professional traders
  • We are a friendly, helpful, and positive community
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts
  • We are here to help, just let us know what you need
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

(If you already have an account, login at the top of the page)

 
Search this Thread
 

BRETT'S NAKED IN IOWA JOURNAL

(login for full post details)
  #151 (permalink)
 vovan348 
Moscow
 
Experience: Beginner
Platform: Trade Nav., NinjaTrader
Trading: ES, TF, 6E
 
vovan348's Avatar
 
Posts: 460 since Mar 2011
Thanks: 612 given, 405 received


brettwilson69 View Post
To many unfilled limit orders, missed trades and early entries but still managed to make a little money.

8 lossers 5 winners +5.50

I need to fix these things.

If you miss a lot of entries with limit orders why don't you try stop orders. For example as I understand you get in the trade when you see two bars closing in your direction. With range bar it's very easy to calculate where it's going to close in your direction. You place stop order tick above or tick below of that bar while it's forming and if it closes in your direction you get filled on the open of the next bar. This way you get 100% fill.

Follow me on Twitter Visit my futures io Trade Journal Reply With Quote

Can you help answer these questions
from other members on futures io?
What is your favorite indicator for algotrading ?
EasyLanguage Programming
Order cumulation
TradeStation
Can anyone help convert this pine script to EasyLanguage?
EasyLanguage Programming
Displaying Individual order entry bars for multiple Brac …
NinjaTrader
Bookmap replay files
Platforms and Indicators
 
 
(login for full post details)
  #152 (permalink)
 brettwilson69 
Iowa City, Iowa
 
Experience: Advanced
Platform: ninja Trader
Broker: Velocity/TT
Trading: es, eur/usd,6E
 
brettwilson69's Avatar
 
Posts: 244 since Sep 2010
Thanks: 24 given, 333 received


vovan348 View Post
If you miss a lot of entries with limit orders why don't you try stop orders. For example as I understand you get in the trade when you see two bars closing in your direction. With range bar it's very easy to calculate where it's going to close in your direction. You place stop order tick above or tick below of that bar while it's forming and if it closes in your direction you get filled on the open of the next bar. This way you get 100% fill.

With this volatility the stop orders had to much slippage, I do usally use stop orders. Thanks for the question.

Visit my futures io Trade Journal Started this thread Reply With Quote
The following user says Thank You to brettwilson69 for this post:
 
(login for full post details)
  #153 (permalink)
 brettwilson69 
Iowa City, Iowa
 
Experience: Advanced
Platform: ninja Trader
Broker: Velocity/TT
Trading: es, eur/usd,6E
 
brettwilson69's Avatar
 
Posts: 244 since Sep 2010
Thanks: 24 given, 333 received


Today looks like another up day. I'm looking for the ES to extend the 1180 and possibly trade up to the 1210 area. A break of 1182 and we should extend then retest, when it retests look to go along with a failed continuation taking it up to 1210. If we hold 1180 then look for shorts down to 1150 (Macro Bias). Watch for ES to possibly find support at 1165, 1170 50% off last Leg.

I had a pretty good trade yesterday that I'll post later

Attached Thumbnails
Click image for larger version

Name:	ES 09-11 (5000 Tick)  8_12_2011 prep.jpg
Views:	56
Size:	194.2 KB
ID:	46291  
Visit my futures io Trade Journal Started this thread Reply With Quote
The following user says Thank You to brettwilson69 for this post:
 
(login for full post details)
  #154 (permalink)
 brettwilson69 
Iowa City, Iowa
 
Experience: Advanced
Platform: ninja Trader
Broker: Velocity/TT
Trading: es, eur/usd,6E
 
brettwilson69's Avatar
 
Posts: 244 since Sep 2010
Thanks: 24 given, 333 received

I had a good day on the 11th and a bad day on the 12th. This week is going ok but I need to wait for the right areas for the market to setup. I've been a little quick on the draw and it's costing me money. Last Friday I keep thinking the ES was going higher but I was trading in a down channel and did not notice it.

11th +7.75
12th -7.75
15th+2.25
16th+6.75

Attached Thumbnails
Click image for larger version

Name:	ES_09-11_(4_Range)__8_11_2011.jpg
Views:	51
Size:	97.2 KB
ID:	46665   Click image for larger version

Name:	ES_09-11_(5_Range)__8_12_2011_trades.jpg
Views:	83
Size:	233.2 KB
ID:	46666   Click image for larger version

Name:	ES 09-11 (5 Range)  8_15_2011.jpg
Views:	41
Size:	129.7 KB
ID:	46667   Click image for larger version

Name:	ES 09-11 (5 Range)  8_16_2011 trades.jpg
Views:	44
Size:	132.1 KB
ID:	46668  
Visit my futures io Trade Journal Started this thread Reply With Quote
The following 2 users say Thank You to brettwilson69 for this post:
 
(login for full post details)
  #155 (permalink)
 brettwilson69 
Iowa City, Iowa
 
Experience: Advanced
Platform: ninja Trader
Broker: Velocity/TT
Trading: es, eur/usd,6E
 
brettwilson69's Avatar
 
Posts: 244 since Sep 2010
Thanks: 24 given, 333 received

The ES is range bound between 1202 and 1180. If we make a higher high from 1194 this will become micro bias and possible key level to see if we can push through 1202 and test 1210. If we test 1202 and roll down to 1194 and hold we should move up and through. If we break 1194 then we should go down to test 1180.

Attached Thumbnails
Click image for larger version

Name:	ES 09-11 (5000 Tick)  8_17_2011 Prep.jpg
Views:	38
Size:	115.6 KB
ID:	46670  
Visit my futures io Trade Journal Started this thread Reply With Quote
The following user says Thank You to brettwilson69 for this post:
 
(login for full post details)
  #156 (permalink)
 brettwilson69 
Iowa City, Iowa
 
Experience: Advanced
Platform: ninja Trader
Broker: Velocity/TT
Trading: es, eur/usd,6E
 
brettwilson69's Avatar
 
Posts: 244 since Sep 2010
Thanks: 24 given, 333 received

We are still range bound between 1150 and 1120. I need not to fade and trade continuations down if 1150 holds and continuations up if 1120 holds. If we see a lower high or lower low in range look for a break of this range. Targets 1200 up side and 1100 down side.

I will post my trades from yesterday and last week. I've been real busy with my other business.

Attached Thumbnails
Click image for larger version

Name:	ES 09-11 (5000 Tick)  8_23_2011 prep.jpg
Views:	45
Size:	112.3 KB
ID:	47186  
Visit my futures io Trade Journal Started this thread Reply With Quote
The following user says Thank You to brettwilson69 for this post:
 
(login for full post details)
  #157 (permalink)
 brettwilson69 
Iowa City, Iowa
 
Experience: Advanced
Platform: ninja Trader
Broker: Velocity/TT
Trading: es, eur/usd,6E
 
brettwilson69's Avatar
 
Posts: 244 since Sep 2010
Thanks: 24 given, 333 received

Moving out of the 1120 -1150 range and headed up to 1200 if Macro Bias holds at 1145. If we break 1145 down to test lows of 1100.

Attached Thumbnails
Click image for larger version

Name:	ES 09-11 (5000 Tick)  8_24_2011 prep.jpg
Views:	34
Size:	119.1 KB
ID:	47287  
Visit my futures io Trade Journal Started this thread Reply With Quote
The following 2 users say Thank You to brettwilson69 for this post:
 
(login for full post details)
  #158 (permalink)
 brettwilson69 
Iowa City, Iowa
 
Experience: Advanced
Platform: ninja Trader
Broker: Velocity/TT
Trading: es, eur/usd,6E
 
brettwilson69's Avatar
 
Posts: 244 since Sep 2010
Thanks: 24 given, 333 received

Today we start the day with an ascending wedge, which is bullish. I still am looking for a retest of 1205 with possible resistance at 1182 on the way up. Possible areas of support are 1165 (micro bias) and 1154 (macro bias) if we break the wedge to the downside. If 1165 (micro bias) breaks we can look for shorts down to 1154.

I still need to post my trades from this week and last week, I had two days with some old habits reappearing, to many trades, not excepting risk and fading the trend.

Attached Thumbnails
Click image for larger version

Name:	ES 09-11 (5000 Tick)  8_25_2011 prep.jpg
Views:	34
Size:	234.4 KB
ID:	47365  
Visit my futures io Trade Journal Started this thread Reply With Quote
The following user says Thank You to brettwilson69 for this post:
 
(login for full post details)
  #159 (permalink)
 brettwilson69 
Iowa City, Iowa
 
Experience: Advanced
Platform: ninja Trader
Broker: Velocity/TT
Trading: es, eur/usd,6E
 
brettwilson69's Avatar
 
Posts: 244 since Sep 2010
Thanks: 24 given, 333 received

This week I've been sick with strep throat but the antibiotics are kicking in and I’m ready to roll. The Es is stretched to the down side, at 50% retracement of last major leg up and gap open. I'm looking for a retracement back to fill the gap around 1201 area and then a continuation of this move down. Key area's 1188 micro bias down and 1201.75 is 1/3 retracement of last leg down and gap close.

I need to not fade the market and wait for key set ups!!!

Attached Thumbnails
Click image for larger version

Name:	ES 09-11 (5000 Tick)  9_2_2011prep.jpg
Views:	45
Size:	202.3 KB
ID:	48178  
Visit my futures io Trade Journal Started this thread Reply With Quote
The following 2 users say Thank You to brettwilson69 for this post:
 
(login for full post details)
  #160 (permalink)
 brettwilson69 
Iowa City, Iowa
 
Experience: Advanced
Platform: ninja Trader
Broker: Velocity/TT
Trading: es, eur/usd,6E
 
brettwilson69's Avatar
 
Posts: 244 since Sep 2010
Thanks: 24 given, 333 received


I missed the big move by a tick and the late move I didn't reenter. One fade lose and 2 stretches -1.25, not the start I was looking for. I'm going to work extra hard at not fading the market bias and taking every trade. I also need to take the time to journal it has made me a better trader and I recommended it to everyone who wants to make this work.

Attached Thumbnails
Click image for larger version

Name:	ES 09-11 (5 Range)  9_2_2011 TRADES.jpg
Views:	55
Size:	217.2 KB
ID:	48238  
Visit my futures io Trade Journal Started this thread Reply With Quote
The following user says Thank You to brettwilson69 for this post:


futures io Trading Community Trading Journals > BRETT'S NAKED IN IOWA JOURNAL


Last Updated on July 26, 2012


Upcoming Webinars and Events
 

NinjaTrader Indicator Challenge!

Ongoing
     



Copyright © 2021 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada), 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