Trading the Jam way - Trading Reviews and Vendors | futures io social day trading
futures io futures trading


Trading the Jam way
Updated: Views / Replies:33,343 / 152
Created: by JamTheTrader Attachments:32

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 – 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 don’t 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
 32  
 
Thread Tools Search this Thread
 

Trading the Jam way

  #1 (permalink)
Membership Revoked
Juno Beach
 
Futures Experience: Advanced
Platform: Ninja and TS
Broker/Data: Optimus Futures / Matt
Favorite Futures: multiple
 
JamTheTrader's Avatar
 
Posts: 135 since Sep 2009
Thanks: 22 given, 116 received

Trading the Jam way

I thought this would be a great place to post my trading rules, charts, talk about the setups, winners, losers, ones that set up and I missed and so forth.
I am using a 6 pip range bar on the GPBUSD and will use the same for the EURUSD.
Lets start with the rules for trend trades first.

  1. Pullback momentum trade entry rules
  1. Price bars must be on correct side of large triggers and large trigger in our direction or weakening,
  2. Bars must be in trade color yellow for down, green for up and should be on correct side of mid-band.
  3. Wait for a pullback to an area within a couple ticks. (if area is MB then MB must be trade direction color or wait for price to close on correct side of signal line)
  4. Enter on a reversal bar from area
  5. Macds in trade direction with weak pullback.
  6. Never enter a trade outside of the outer bands.
Stops
1. Initial stop is 2 ticks above/below the entry bar
2. Move stop to BE at 10 pips/ticks
3. Exit half of your position at Outer Bands
4. exit second half when the Parabolic flips AND your price bar closes against you. If Parabolic flips and price bar closes
back in the trade direction then move stop two ticks above/below that bar.


Last edited by JamTheTrader; January 15th, 2012 at 07:02 AM.
Reply With Quote
The following 7 users say Thank You to JamTheTrader for this post:
 
  #2 (permalink)
Membership Revoked
Juno Beach
 
Futures Experience: Advanced
Platform: Ninja and TS
Broker/Data: Optimus Futures / Matt
Favorite Futures: multiple
 
JamTheTrader's Avatar
 
Posts: 135 since Sep 2009
Thanks: 22 given, 116 received

Here are the charts for my reversal trades using two time frames, I will post all of the rules in a little later.
I use an 89 tick chart for areas and entry/exit and a 233 tick chart for areas and direction.

Attached Thumbnails
Trading the Jam way-trade-example-1.jpg   Trading the Jam way-trade-example-2.jpg   Trading the Jam way-trade-example-3.jpg   Trading the Jam way-trade-example-4.jpg   Trading the Jam way-trade-example-5.jpg  

Last edited by JamTheTrader; September 1st, 2009 at 07:23 AM.
Reply With Quote
 
  #3 (permalink)
Membership Revoked
Juno Beach
 
Futures Experience: Advanced
Platform: Ninja and TS
Broker/Data: Optimus Futures / Matt
Favorite Futures: multiple
 
JamTheTrader's Avatar
 
Posts: 135 since Sep 2009
Thanks: 22 given, 116 received

Reversal trade this morning


Here is my first live trade this morning, it was a 30 pip runner to my area and a reversal type trade in the direction of the larger chart. I became very tired and grabbed 6 pips then went to rest for a few as I was up at 2:00amEST (full move on this trade was 70+ pips)

Attached Thumbnails
Trading the Jam way-live-trade-morning.jpg  
Reply With Quote
 
  #4 (permalink)
Membership Revoked
Juno Beach
 
Futures Experience: Advanced
Platform: Ninja and TS
Broker/Data: Optimus Futures / Matt
Favorite Futures: multiple
 
JamTheTrader's Avatar
 
Posts: 135 since Sep 2009
Thanks: 22 given, 116 received

Here is the first pound dollar trade of the morning, I had just stepped away from my EC trade and crashed for a few minuts and look what I missed.

Attached Thumbnails
Trading the Jam way-1st-gbpusd-trade-morning.bmp  
Reply With Quote
 
  #5 (permalink)
Elite Member
KANATA,ON Canada
 
Futures Experience: Beginner
Platform: Ninja
Broker/Data: Mirus,Zen-Fire
Favorite Futures: Currencies
 
sukhsan's Avatar
 
Posts: 106 since Jun 2009
Thanks: 93 given, 65 received

Hi Jam,

It looks like NexZen charts,
they use BB, S/R and BB lines ??????????


SSS

Reply With Quote
 
  #6 (permalink)
Membership Revoked
Juno Beach
 
Futures Experience: Advanced
Platform: Ninja and TS
Broker/Data: Optimus Futures / Matt
Favorite Futures: multiple
 
JamTheTrader's Avatar
 
Posts: 135 since Sep 2009
Thanks: 22 given, 116 received

Hi Sukhsan,
I do use nexgen fibs in my EC charts as well as my own variation of Balance and fibs. As for the other indicators, they were not developed by Nexgen only copied.
For example, the large triggers are linear regression MA and an MA of the LRMA. I do not use the small triggs but instead have adapted a Hull MA which I find better for me. The Keltner is a 55 period EMA with a displacment of 3.4. And on my GDP chart I have nothing from Nexgen at all.

They have a nice trading package and it cost me a lot of money for not only the package, but trying to trade their rules as well for over 4 1/2 years. In the free room that I moderate mostly with a few Nexgen people on and off, when question I always have to ask, are you profitable, if so keep doing what you are doing. No one has every said they were profitable when asked.

Hope this helps

Jam

Reply With Quote
 
  #7 (permalink)
Elite Member
KANATA,ON Canada
 
Futures Experience: Beginner
Platform: Ninja
Broker/Data: Mirus,Zen-Fire
Favorite Futures: Currencies
 
sukhsan's Avatar
 
Posts: 106 since Jun 2009
Thanks: 93 given, 65 received

Thanks for the reply

I was using it on TF but in these days I am trading 6E
it is very close to NexZen indicators
I used BB(3.5,52), Lin (89), macd BBs and my own power bars

SSS

Attached Thumbnails
Trading the Jam way-2009-09-01_0813.png  
Reply With Quote
 
  #8 (permalink)
Membership Revoked
Juno Beach
 
Futures Experience: Advanced
Platform: Ninja and TS
Broker/Data: Optimus Futures / Matt
Favorite Futures: multiple
 
JamTheTrader's Avatar
 
Posts: 135 since Sep 2009
Thanks: 22 given, 116 received

Nice charts, just remember, Nexgen never invented any of theseonly copied and sold.

Reply With Quote
 
  #9 (permalink)
Membership Revoked
Juno Beach
 
Futures Experience: Advanced
Platform: Ninja and TS
Broker/Data: Optimus Futures / Matt
Favorite Futures: multiple
 
JamTheTrader's Avatar
 
Posts: 135 since Sep 2009
Thanks: 22 given, 116 received

2nd trade

Second EC reversal trade stopped -3 ticks

Attached Thumbnails
Trading the Jam way-2nd-trade.bmp  
Reply With Quote
 
  #10 (permalink)
Elite Member
Arcata, CA
 
Futures Experience: Intermediate
Platform: NinjaTrader
Favorite Futures: index futures, oil
 
Saroj's Avatar
 
Posts: 482 since Jun 2009
Thanks: 223 given, 389 received


sukhsan, thanks for posting your NT charts... did you develop the MACD BB's or are they available somewhere? the gray area looks like Keltner bands, not BB's... were the BB settings you mention those on the MACD?

Reply With Quote

Reply



futures io > > > Trading the Jam way

Thread Tools Search this Thread
Search this Thread:

Advanced Search



Upcoming Webinars and Events (4:30PM ET unless noted)

FuturesTrader71: TBA

Elite only

Al Brooks: TBA

Elite only

Jigsaw Trading: TBA

Oct 19

RandBots: TBA

Oct 24
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
stressless trading - Jam's StrategicDaytrading.com tony2604 Trading Reviews and Vendors 99 June 26th, 2014 11:19 PM


All times are GMT -4. The time now is 11:56 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 2017-09-25 in 0.13 seconds with 20 queries on phoenix via your IP 23.20.13.165