(binned per thread starter’s request) Give me your money
{quote} -$1585 Without going into all the details, the lesson that i got out from today is that strong momentum supersedes any fade setups. my tuition is not done yet in futures... {image}
{quote} and of course you too sir. for a guy that loves sierra, i dont' think ever see a performance metric post from you.. look people, if you wanna post here, you gotta be ready to be called out...this is how i fucking do things here... otherwise...keep posting..cause i'm not going to do shit haha..
{quote} -$695 as previously mentioned, woudl've been out earlier with shorter target. lesson today is make sure you check previous version of the strategy to make sure you didn't delete things that you're not suppose to. I failed to debug..and i paid the price. {image}
{quote} +$1140 {image}
{quote} for the record , i'm not looking for results to convince me if it's possible. i'm basically beyond the the advice stage in my trading career. I'm an engineer in the aerospace/defense industry. and my work is data driven and everything has to be traceable and proven by the way PF, consistency at that level is good, but seeing the intraday stats would give more info (ex do you let your mae run? whats your avg intraday win to loss?% daily gain? etc etc) i've see this equity curve a lot in those martingale TEs..nice straight 45 degree angle....at...
So i've been doing a little bit of order flow study to try to tie that into the vwap analysis that i use to trade. The numbers by bar study is only for package 5 (which i just requested for 30 day trial) I'm basically looking for patterns behind the footprint than try to interpret the meaning behind the data. For range setups, i'm noticing that i'm fading into the previous high volume nodes (yesterday's US session trades) {image} For breakout, high volume beyond the high/low suggest a stop run? (today's asian trades) {image}
{quote} this is the yesterday's asian session short notice how my original target (red line) is beyond the volume nodes (green). i think it would make sense to aim for these nodes at the target area vs aiming for arbitrary high/low line with small interest volume.. {image}
{quote} here's another example where this additional analysis can help me pin point my entries. notice the volume node where ideal entry would be. so i think my vwap analysis is good, but with the footprint, it can highlight where i should enter/exit ps. i updated the time zone (i didn't make 1500 in asian session...) {image}
{quote} +$1140 {image}
So i'v been reading and watching videos on order flow trading. One theme that makes sense for me with orderflow trading is to gauge the "trapped traders" position I think it kind of relates to the whole zero sum game of trading in that, ultimately, the professionals take money from the amateurs, and one way of doing that is to figure out where they are currently positioned So here's a template that i'm currently working with. I'm still trading within the context of vwap, but i'm also looking for clusters delta volume to see the current "open" positions....
{quote} here's the yesterday's EU session trades i took. you'll see the cluster of net negative deltas. Delta is basically telling you which side was dominant from the executed trades. So the short positions are in play. SO you can get an idea what the avg position is based on the clusters of closes. Then you figure out where their stops are. So i had long postions built up, but i exited early. But price did make it all the way against the short positions. {image}
{quote} here's an asian session 2 days ago i had a short position with the other retailers. I could have exited earlier at the volume nodes. but notice also a cluster of buy trades at the bottom of the range. Price made it down to the buy side position and quickly rejected, indicating a strong position. they took out the shorts and the buy side won.. So order flow is useful, but it cannot be traded in a vacuum. I think you have to use some context when trading them. {image}
