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Plan the Trade

  • #10,241
  • Jan 18, 2019 9:02am Jan 18, 2019 9:02am
5125 short +25
  • #10,242
  • Jan 18, 2019 9:04am Jan 18, 2019 9:04am
Quoting magnumfreak
{quote} NQ just super happy to start the day. LOL! I can't find any news that drove it, at least nothing that lines up with the time it happened. It's not sustaining though. It could have been a big dog jumping in with a bunch of shorts at 6785? Just guessing. Not complaining though, I was long at 6742, jumped out at 6778 after that big 5 minute candle.
dont fight the trend my friend
Attached Image (click to enlarge)
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Staying in my lane...
  • #10,243
  • Jan 18, 2019 9:05am Jan 18, 2019 9:05am
+1 on pullback
  • #10,244
  • Jan 18, 2019 9:08am Jan 18, 2019 9:08am
Quoting Divergence
5125 short +25
nice .. no fill for me
Become the casino
  • #10,245
  • Jan 18, 2019 9:15am Jan 18, 2019 9:15am
One 16tick grab for me. 2 days this week no trades. 3 days positive. Good week.
  • #10,246
  • Jan 18, 2019 9:15am Jan 18, 2019 9:15am
pending 6025 short and 4875 lomg
  • #10,247
  • Jan 18, 2019 9:22am Jan 18, 2019 9:22am
Quoting VEEFX
{quote} dont fight the trend my friend {image}
Thought you didn't trade on Fridays. LOL! JK

Looks like your algo tried to jump in too late on that upswing but handled getting out nice a quick. I have switched over to trading nothing but the 5 minute chart on ES, YM, NQ, CL and eventually 6E if it ever gets back in line. LOL! Low stress, easy money.
  • #10,248
  • Jan 18, 2019 9:22am Jan 18, 2019 9:22am
glad I canceled the short with candle before big bomb
  • #10,249
  • Jan 18, 2019 9:22am Jan 18, 2019 9:22am
Quoting bapakjason
One 16tick grab for me. 2 days this week no trades. 3 days positive. Good week.

nice going!
  • #10,250
  • Jan 18, 2019 9:23am Jan 18, 2019 9:23am
well that's a wrap
  • #10,251
  • Jan 18, 2019 10:02am Jan 18, 2019 10:02am
1x no fill and 1x +19.
  • #10,252
  • Jan 18, 2019 1:17pm Jan 18, 2019 1:17pm
Quoting magnumfreak
{quote} Thought you didn't trade on Fridays. LOL! JK Looks like your algo tried to jump in too late on that upswing but handled getting out nice a quick. I have switched over to trading nothing but the 5 minute chart on ES, YM, NQ, CL and eventually 6E if it ever gets back in line. LOL! Low stress, easy money.
Take a look at the one minute. I have been watching it for a while and is work in progress.
Acknowledgement to "Rockpoint's" thread for the approach - Ichimoku etc.
Attached Image (click to enlarge)
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every Saint has a past. Every Sinner has a Future
  • #10,253
  • Jan 18, 2019 1:40pm Jan 18, 2019 1:40pm
Don't need to plan for trade! Just make a good plan for success.
martin
  • #10,254
  • Jan 18, 2019 2:20pm Jan 18, 2019 2:20pm
Quoting martinaveyro
Don't need to plan for trade! Just make a good plan for success.
rookie response without a plan there can be no road to success
  • #10,255
  • Jan 18, 2019 5:05pm Jan 18, 2019 5:05pm
Quoting Divergence
{quote} rookie response without a plan there can be no road to success
yes! having defined everything from entry to exit, risk/reward makes trading easier. I am happy making 25 ticks a day, i am more consistent trying to make 25 a day then trading 3 hours and trying to squeeze the market.

It is just not for me.
  • #10,256
  • Jan 18, 2019 6:48pm Jan 18, 2019 6:48pm
Quoting VEEFX
{quote} With respect... viewed all the images on page 1 of 99 pages in your profile and could not find any image with trades on it. Show us your trades brother to have a meaningful discussion. EDIT: I just looked at RockyPoint profile also... never mind. Apple does not fall far from the tree probably applies in this case so please ignore and I will delete this post. I am usually grumpy on Friday afternoons with a never ending long week at work forcing me to stay online and talking shit on forums :-(
RP is a good trader (& person). Won't see that with a 2 minute view of his posts.
  • #10,257
  • Jan 19, 2019 6:45am Jan 19, 2019 6:45am
Quoting VEEFX
{quote} Sorry man. I should keep my mouth shut (or in this case, tie all my 10 fingers with a rubber band lol) I have no idea who they are and what they do. I was only commenting on the number of charts posted with no actual trade executions on it which simply annoys me personally. I can draw charts all day but seeing actual trade executions and their outcome matter imo. If you are okay to start a thread and encourage a "following" of forum members, it becomes your moral responsibility to ensure you are consistent with your trade executions whenever...
Know what you mean, just backing up the "good, helpful guys" on this site :-)
Follow someone long enough & you don't need "proof" of trading.
  • #10,258
  • Jan 19, 2019 8:00am Jan 19, 2019 8:00am
every so often I will look at other things like divergence, indicators etc and end up with the same conclusion wait for a trend and trade the pullback nothing else is needed for me maybe others need more I dont
  • #10,259
  • Jan 19, 2019 12:46pm Jan 19, 2019 12:46pm
Quoting Divergence
every so often I will look at other things like divergence, indicators etc and end up with the same conclusion wait for a trend and trade the pullback nothing else is needed for me maybe others need more I dont
Agree...Just so I am clear, All my charts have zero "indicators" i.e. derivatives of price. I only need EMA(1) which is the last traded price on Time and Sales. I have tried over 100+ indicator setups in Sierra (very easy and fast to do the process of elimination in Sierra) and just a couple of moving averages is more than enough. My pullbacks work but it is also taking reversals on pullback zone as I have yet to figure out how to go only long or only short direction trades in Sierra... will get there but have to move to spreadsheet based algo trading and I know if I get into that complexity, I will be spinning my head for next 6 months trying out all the world of possibilities so keep it very simple and elegant for now. I had a ton of shit hidden and now they are all gone lol
Staying in my lane...
  • #10,260
  • Edited 6:53pm Jan 19, 2019 12:53pm | Edited 6:53pm
Quoting srt
{quote} Know what you mean, just backing up the "good, helpful guys" on this site :-) Follow someone long enough & you don't need "proof" of trading.
I can write a 10 page long post on this topic and explain why you are so wrong about this but I have no patience. To each his own. "Follow what works until it doesn't" is my own mantra.
p.s. I have done immense research on the psychological trap used my preachers, gurus and cult leaders. There are special techniques that can be used any day to trap anyone into doing anything.

Enough on this shit. Enjoy your weekend as mine is again ruined related to crap going on at the workplace :-(
Staying in my lane...
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