The transition to Futures trading

[pavilion103]

OK out.

Trade 1 = 16 points

Looking for a short setup now if one presents.

 

[CanOz]

OK out.

Trade 1 = 16 points

Looking for a short setup now if one presents.

I had my short all ready, just next in line after my stop loss....then i went on a bike ride, came back, 15 in profit on 1...

 

[pavilion103]

Short 18, initial stop 22,

Now stop to BE.

 

[CanOz]

Woo hoo a 20 point flush out just after i added another one short and one & two on the FTSE!! Gotta love that...

 

[CanOz]

I was short on the dax at87 ish and added another at 72 ish...at the same time i got into a 4 car ftse trade...

 

[pavilion103]

Ask Brian Taylor would say.

BOY OH BOY WOWEE

 

[CanOz]

Short covering rally is over, no buyer in sight so far on this down draft, 100 points on this LAST contract so far...

 

[pavilion103]

Out 6579

39 points


Now for a long at this 6560 level.

 

[pavilion103]

Short covering rally is over, no buyer in sight so far on this down draft, 100 points on this LAST contract so far...

WOW

 

[Newt]

Quite a night....

 

[pavilion103]

Long 78, 66


Did contemplate 73. That was the best entry on the 5 min

 

[CanOz]

Long 78, 66


Did contemplate 73. That was the best entry on the 5 min

I had to go over to my neighbors place for an hour, so i missed all that. Not at all disappointed and i think I'll celebrate this weekend, my biggest day ever.....

That was one of those days where ya feel your just going with the flow of the market and every trade feels like the right thing to do...that's the way to trade index futures.

 

[pavilion103]

I had to go over to my neighbors place for an hour, so i missed all that. Not at all disappointed and i think I'll celebrate this weekend, my biggest day ever.....

That was one of those days where ya feel your just going with the flow of the market and every trade feels like the right thing to do...that's the way to trade index futures.

Congrats mate.

Glad to see all the success in this thread at the moment.

It's been a brilliant thread on this forum. It's added so much.

 

[VSntchr]

I had to go over to my neighbors place for an hour, so i missed all that. Not at all disappointed and i think I'll celebrate this weekend, my biggest day ever.....

That was one of those days where ya feel your just going with the flow of the market and every trade feels like the right thing to do...that's the way to trade index futures.

Nice one Can!

Pav, that long is looking okay now too...what's your plan from here?

 

[kid hustlr]

jeepers she goes thin over the BOE stuff. gotta remember that for next time, glad i got out just before hand (even though it doesnt look like its doing much)

edit: congrats CanOz! and you were gonna give it away!

 

[pavilion103]

What did you do kid?
You got out?

Just went on Skype to see how you were going to manage it and congratulate you on a well earnt win!

 

[pavilion103]

Nice one Can!

Pav, that long is looking okay now too...what's your plan from here?

The plan is just trail this now at pivot lows. More than happy with the profit, so I don't mind if it takes me out. Plus bet time soon.

30 up on this trade now.

6630 is the obvious resistance zone if it gets there.

What a night!

Currently at 80 points profit.

 

[CanOz]

What a run, i think we've found some buyers!!

Check out the swing chart...

 

[pavilion103]

OK wow. It's up around 6615.

Bed time.

I either

1) Take profit here for 38 points on this trade

OR

2) I leave the stop below the recent pivot low at 6597 with a minimum 20 points profit and leave this overnight.


We still look strong.
6630 resistance above will be the big test of strength.

If I was staying up there is no way I would exit this. No signs of slowing yet. Very strong.


Hmmmmm... the question is will it pull back below the 6597 level if I leave it over night?
What are the chances of it breaking above?

I think I'm going to leave it at 6597. Daily looks strong. I think worth the chance in this situation.
We'll see what the US does.

 

[pavilion103]

Scratch that. Just closed 6610.

I still think this could move but I'm happy with that.

82 points for the night.