The transition to Futures trading

[tech/a]

Got stopped.

Volume did come in in abundance and the trade did pan out
Without me on it.
That's trading. You can get it right and still get it wrong!

Still a very interesting period to analyse.

 

[pavilion103]

I guess that's the price you willingly pay being away from the screen. Would have no doubt limited risk.

These markets are tough going but boy do they teach a lot.
It's almost like doing the hard yards and then when the market trends you're prepared to implement all the good lessons learnt.

Amazing how opportunity is still here.
Even take the FTSE had I reversed the low when I exited that's 30 points up to resistance.
Take 2 and it's at least 50.
Money always there to be made, but just have to be more patient and wise in these conditions.

 

[pavilion103]

You know I'm one who cares little for the golden eggs and much more for the golden goose.

Despite a lean period I am more excited and confident than ever.

The lessons being learnt are so profound.
Get these right and results will flow.

 

[>Apocalypto<]

ummm the DAX ok? why not have a 100 plus pt move in 2min

 

[Wysiwyg]

ummm the DAX ok? why not have a 100 plus pt move in 2min

It's all fun and games until someone gets a poke in the eye with a burnt stick.

 

[PinguPingu]

There ain't no party like a Greece-bailout party, to trade the breakout and fade! If only I had the guts

 

[fiftyeight]

Hi Pav. Had a quick read of your Live Checklist. You mention not to trade the open, I'm sure I have seen a few charts where you take a trade in the first few bars. What do you consider the open?

 

[pavilion103]

Hi Pav. Had a quick read of your Live Checklist. You mention not to trade the open, I'm sure I have seen a few charts where you take a trade in the first few bars. What do you consider the open?

Moreso just a reminder for me to not jump on impulsively. If it consolidates in a tight range on the 1 min for a few bars with 5 points risk then I'll consider but generally don't want to just jump on the open all the time.

 

[pavilion103]

Yesterday was bloody annoying. I had an entry at the low in fact. Stop below the low. 5 point risk.

Should have just left it like I worte about this week. Cost me 70 points I had I just turned it off and gone to bed!

 

[Mdean]

Anyone active tonight?



Could the 6868 level become support?

 

[tech/a]

Anyone active tonight?

View attachment 61709

Could the 6868 level become support?

Yes but on the DAX

 

[Jasonm2310]

Anyone active tonight?

View attachment 61709

Could the 6868 level become support?

Mdean - If you believe you've found a level start stacking the book around the zone!

 

[Mdean]

Mdean - If you believe you've found a level start stacking the book around the zone!

Only using Sim at this stage Jason, I am hoping to transition into futures also at some stage. Keen to hear what others are thinking. Any thoughts on the FTSE for tonight?

 

[tech/a]

Only using Sim at this stage Jason, I am hoping to transition into futures also at some stage. Keen to hear what others are thinking. Any thoughts on the FTSE for tonight?

There are 2 clear insto shorts on your chart.
Would be a game man to play long side.
I'm short DAX 11145
Can you see them ?
If not Ill mark up your chart

Ill post it anyway

Click to xpand.

 

[Mdean]

There are 2 clear insto shorts on your chart.
Would be a game man to play long side.
I'm short DAX 11145
Can you see them ?
If not Ill mark up your chart

Nice work on that entry, did you get on in the first few bars of the session or at around 8pm? Is it possible for you to mark them tech?

EDIT: Thanks for adding your feedback Tech.

Cheers,

 

[tech/a]

DAX Trade




Think DAX will now move sideways before it completes
the move.
So Up to TV stops in place.
Placate the Entertainment Director!

 

[tech/a]

Off to bed Closed out 11090

 

[tech/a]

Set this trade up as I go out for tea.

Click to expand

 

[tech/a]

Covered 11207

Thats it tonight.

 

[tech/a]

DAX now