The transition to Futures trading

[therooster74]

Good loss limitation but not a single big win in 2 weeks.

Pav, firstly feel free to tell me to mind my own business as you dont know me. This is not a regular job - the pay cheques dont come slow and steady every week. Sometimes one waits a long time for the right opportunities and the secret is to still be in the game when they come.

I can see from your posts that you know this already but we can all do with a reminder sometimes. Or maybe its just me that KNOWS things and still trades on inferior thought patterns at times.............

Regards




R

 

[tech/a]

Looking for short setup around here 10800 DAX
Will post charts soon.

Have one contract short at 10800 Stop 10803
May take a bit to get set as it pushes toward resistance.

Click to expand

 

[tech/a]

Set up Reasons and trade/stop.

Click to expand

 

[tech/a]

Was waiting for a pattern to add to this
got it while I was doing this chart up.
But missed it as I wasn't on the book!

Was a ripper!

 

[tech/a]

Just got another at 10764 Not the best but ok for now.

Ill post up the missed opportunity and the one I'm on.
Ill mark up the chart now its on!!

 

[tech/a]

Exited BOTH contracts at 10740

Happy tonight 84 Ticks.
Night all.


Click to expand




You'll note that the three bars at the pivot (LOW)+ were heavy volume
This indicated at least a short term reversal.
So when it came to test and failed that was enough for me.

To be clear
The one before the pivot
The pivot and the one after the test bar and exit are marked.

 

[kid hustlr]

Nice trading.

I assume you mean the initial entry was a limit sell?

 

[tech/a]

Nice trading.

I assume you mean the initial entry was a limit sell?

Yes sorry
The second was a sell at market.
Too much to do at once!

 

[tech/a]

Long tonight.
Missed the breakout--not at screen
But managed to get on the micro Pattern.



Stop at 14

 

[tech/a]

Update closed long now short
Nothing very convincing here.

Click to expand

 

[tech/a]

out at 42
now + 18
watching

 

[tech/a]

long 52 out of micro pattern
will post later.(chart)

Chart

 

[pavilion103]

Night of "what ifs" for me!

Finished up 35 points.


Missed one on the top 6756 stop 6749.
Only reason I didn't take it is because the gap "just" didn't fill.
I'm so dirty about this because I was 100% set to take this if that gap had filled. Could have held this all night.

Took another 2 trades. One taken by 1 tick. Another taken by 2 ticks.

Could have easily been 100 points with 1 running. But will have to settle for 35.

Gee that one on open is annoying because I was waiting for it and saw it!

 

[tech/a]

Out at 80 toppy and struggling.
Thats it for tonight.
28 + 18 for the night.


CLICK TO ENLARGE



Night all

 

[tech/a]

I was right Should have kept going!!

 

[pavilion103]

Good work again mate.

 

[debtfree]

Thanks Tech for a look at your trading as it is happening.
Very good and very generous of you.

 

[pavilion103]

Pav, firstly feel free to tell me to mind my own business as you dont know me. This is not a regular job - the pay cheques dont come slow and steady every week. Sometimes one waits a long time for the right opportunities and the secret is to still be in the game when they come.

I can see from your posts that you know this already but we can all do with a reminder sometimes. Or maybe its just me that KNOWS things and still trades on inferior thought patterns at times.............

Regards




R

Yes a good reminder to have

 

[tech/a]

Haven't traded tonight.
But saw this



No closes outside the pattern yet
3 bars after I took this shot.

 

[tech/a]

Then this just got filled on the short.





Covered at 844 so 18 ticks.