Australian (ASX) Stock Market Forum

The transition to Futures trading

and the re-entry. Broke the daily high (have zoomed out so the daily high can be seen) and no follow through, got a fill on the top to the tick (topstep sim). Going to go to bed and let it play out from here with a couple of tick stop. There are some longer term highs pretty close to here so wouldn't take any more shorts if it keeps going higher than this anyway

You are for sure the chum for sharks. There are no "longer term highs pretty close"! Stop kidding yourself and pretending you have experience. Stop posting newbie loser jargon.
 
You are for sure the chum for sharks. There are no "longer term highs pretty close"! Stop kidding yourself and pretending you have experience. Stop posting newbie loser jargon.

How about you shut up and let the guy do his thing. He's not being detrimental to thread - unlike you he's posting his analysis and trades. If you're such an expert give him advice, don't shoot him down for trying.
 
You are for sure the chum for sharks. There are no "longer term highs pretty close"! Stop kidding yourself and pretending you have experience. Stop posting newbie loser jargon.

Ok, you call me out, I call you out, hopefully you are willing to back it up like I am and we can have your penis measuring contest.

When you are posting shorter term trades like most people in this thread are, 2 month highs are longer term.

If you are happy to send your real money statements to the mods (because I am), we can start a thread where i will put my real money trading performance and newbie loser jargon against your 'shark' (nice pro jargon!) experience to see who the 'chum' is. Just say the word and we set it up.

I wont be filling this thread with any more arguments, so just start the new thread and we set it up or STFU princess

edit to add princess
 
Frankly I'm happy the Duck isn't copping the usual flak.

Anyway Back to what I was doing!

Daffy $$s.gif
 
A nice little down move. 35 points in it so far.
Broken slightly below the upward channel on the daily chart (although not by any significant amount)

12-09-2013 - Short.png
 
Out 6565.
34 points.

Now a very tight long.
Entry 6565
Stop 6563

Then I'm heading out.

- - - Updated - - -

Out. Done for the night.
 
Duckman + fellow break out traders.

Any thoughts on this possible set up. It probably looks more like a 'stock' set up rather than a futures set up but perhaps its a good one? The next few bars would tell the story I would think?

160913 XT set up breakout.jpg

EDIT: given the pullback at this stage appears to be quite shallow and theres possibly an exhaustion of supply I'm considering a LONG
 
The first two bars show LOTS of supply at these levels.
You need to see how it reacts to a test.
Personally I think the best trade will be short on the test.
Stop at the high (enough above it to not get hunted)


Let me know!
 
The first two bars show LOTS of supply at these levels.
You need to see how it reacts to a test.
Personally I think the best trade will be short on the test.
Stop at the high (enough above it to not get hunted)


Let me know!

Will do. Agreed about the supply, the second bar especially suggests a few sellers. will update the chart later int he day.
 
nice. I can't see much on the charts so im guessing you just jumped on for the ride?

weird bar there on the 1m.

The massive volume on the impulse
looked at at least a partial fill of the gap.
closed at 31 after getting back from a quick walk
with the dogs.
Again not a pretty trade.
 
Have been trading far less on FTSE. Went for a nice hill hike, got back and saw a set up within 5 minutes of turning it on. This is my trade.

I've had much less screen time, far fewer trades, but greater profitability and much higher accuracy.

We'll see how this one goes. Risk has been reduced from initial stop.

FTSE 18-09-13.png
 
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