The transition to Futures trading

[fiftyeight]

Stopped at 15. This exit will also require further review.

Now long at 11 and stop at BE

 

[>Apocalypto<]

anyone on the spi this morning? nice bust up off open

 

[Trembling Hand]

anyone on the spi this morning? nice bust up off open

I actually thought the HSI would do a similar thing today. Probably will now but I'v been bullied like a freckled redhead at a S&M convention. :whip 80 contracts in the first hour......and I am......... NOWHERE. (except with a headache!)

 

[>Apocalypto<]

I actually thought the HSI would do a similar thing today. Probably will now but I'v been bullied like a freckled redhead at a S&M convention. :whip 80 contracts in the first hour......and I am......... NOWHERE. (except with a headache!)

View attachment 59738

frustration...TH.

Just looked at the HS, very choppy trading. positive in that is a good end result! thinking of trying a few trades on it but i will spend some time watching it for a while.

other issue i am using IC Markets spread is 8 pts... HS seems to have no issues running 50 plus point though.

 

[pavilion103]

I've taken a big (calculated) risk on open.

2 x short in the first minute or so @ 6449, stop 6461 - 24 points risk total. More than usual, but not at all impulsive.

Both stops to 6554 now so maximum 10 point loss.


I figure with this volatility around, the chance to nail an entry on open has big pay-off. Last night I probably lost 100 because I only took the one on open.

 

[ThingyMajiggy]

Started out okay today, then cash opened and the whipathon begun, control oneself, controolllllll! Twitching.....finger... :freak3: :dunno:

Need to velcro my hands down away from my mouse. Have tried to stay calm and get a good spot to put a trade on in the direction of what I expect to happen. Lets see...

 

[ThingyMajiggy]

About time I did something right...ish. It worked! A little tooo well

Damn it's hard to hang on to the dax once in a trade, got a big issue with trigger finger, because of the way it moves I feel like I need to jump on now or miss it altogether, then it'll go to my original entry anyway

I need some patience....and I need it NOW!!

 

[pavilion103]

2 points down. OUT.

Looking for potential re-entry near these highs.

 

[cynic]

Whilst this downtrend has been immensely entertaining for a short term shorting strategy I've been playing with on a Forex account, it's been causing my grail some annoyance.

I'll be interested to see if the DAX yet again decides to spring another surprise upswing towards the 10,000 level.

 

[pavilion103]

Darn it re-entry x 2.

6447.5, stop 6454.5, both taken out in a couple of minutes.

Down 17.5 points.

I didn't adhere to my own rule of having the stop 2 ticks above the high, not one. Would have saved me there.



I'm not letting this deter me.

Short again x 2.

6449, 6455.

If I get taken out here, it will put me down about 30.



Happy with my trading.
Just that 1 bloody tick on the 2 positions I took for the second trade.

 

[fiftyeight]

Looking for potential re-entry near these highs.

What highs?

Short at 42

 

[fiftyeight]

First attempt fail

 

[pavilion103]

High around 55, top of potential triangle.

Last entries were 6449 x 2.

Waiting to see if this forms a triangle and then breaks.

 

[ThingyMajiggy]

Long @ 43 x1 on dax.

Your name anything to do with Marco Simoncelli fiftyeight?

 

[>Apocalypto<]

DAX was nice and rocky on the LON open. i was nailed nicely on a buy. traded my way back to a positive day but i have to really work on holding my trades. main weakness i have atm.

Sam try the 5 min on the DAX i started on the 1 min but found it moved way too fast.

 

[fiftyeight]

Ended up short at 46 on my second attempt.

Nope just my fav number. But as he rode with my fav number I followed him a bit and was watching that race.

 

[fiftyeight]

Touched my stop twice, I hope its not 3 strikes and I am out

 

[fiftyeight]

3 strikes and I am out

 

[pavilion103]

One final crack at the top. Stop above the high. Off to bed.

 

[subterfuge]

lost 35 pips today. Better than yeterday at least