Iron Pawn's Emini S&D chess game | Forex Factory

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Iron Pawn's Emini S&D chess game

  • #1
  • First Post: Feb 26, 2014 6:30pm Feb 26, 2014 6:30pm
Some of you may know me from "Supply and demand chess game" thread (http://www.forexfactory.com/showthread.php?t=459003) but in this journal I will mostly focus on Emini's (ES or NQ futures). Feel free to post chart or opinion but please be respectful.

In regards to system, there is nothing new: supply and demand.

Many had questions regarding time frames I use. Well, there is no preference. I mixed them up from minutes to weekly and in-between sometimes I use tick charts. You can see basic setup in a photo.

Also, there is no shortcuts with this approach: a lot of hours, thinking and practice is involved. With that being said, it is not my intention to instruct anyone since it would take a lot of hours, thinking and practice to get there

I already said it in the other thread but must repeat it again:
Trading is like a chess game. You move your pieces but if you don't plan ahead the outcome of the game is decided before it even starts.
Attached Image (click to enlarge)
Click to Enlarge Name: es.png Size: 209 KB
"A handful of patience is worth more than a bushel of brains"
  • #2
  • Feb 26, 2014 7:03pm Feb 26, 2014 7:03pm
Some interesting levels for a next day or two. We'll see.
Attached Image (click to enlarge)
Click to Enlarge Name: es.png Size: 89 KB
"A handful of patience is worth more than a bushel of brains"
  • #3
  • Feb 27, 2014 7:19am Feb 27, 2014 7:19am
Quoting Iron Pawn
Some interesting levels for a next day or two. We'll see. {image}
Price came slightly lower then predicted. It's about 1 hour prior to NY open and we should have some idea where price could go. Now we need price to show us the way.
Attached Image (click to enlarge)
Click to Enlarge Name: es1.png Size: 71 KB
"A handful of patience is worth more than a bushel of brains"
  • #4
  • Feb 27, 2014 8:56am Feb 27, 2014 8:56am
Nice move up.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: es3.png Size: 57 KB
Click to Enlarge Name: es4.png Size: 59 KB
"A handful of patience is worth more than a bushel of brains"
  • #5
  • Feb 27, 2014 8:57am Feb 27, 2014 8:57am
Nice move down. Done for today.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: es short 1.png Size: 59 KB
Click to Enlarge Name: es short 2.png Size: 56 KB
"A handful of patience is worth more than a bushel of brains"
  • #6
  • Feb 28, 2014 5:54am Feb 28, 2014 5:54am
There is nothing that I like on ES today. I might give it a shot at this two if everything develops the way it should. Maybe I'll call it a weekend in an hour or two. We'll see.
Attached Image (click to enlarge)
Click to Enlarge Name: es1.png Size: 55 KB
"A handful of patience is worth more than a bushel of brains"
  • #7
  • Feb 28, 2014 8:43am Feb 28, 2014 8:43am
ES buy that turned out to be ok... continued higher some ticks above exit.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: es1.png Size: 45 KB
Click to Enlarge Name: es2.png Size: 58 KB
"A handful of patience is worth more than a bushel of brains"
  • #8
  • Edited 7:59am Mar 3, 2014 7:42am | Edited 7:59am
Before NY open we had great setups for both long and short on ES. Until next time...

Check.

IP
Attached Image (click to enlarge)
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"A handful of patience is worth more than a bushel of brains"
  • #9
  • Mar 15, 2014 5:13am Mar 15, 2014 5:13am
Hi,

I don't understand your sytem. It looks like simple. What's your logic?
  • #10
  • Apr 8, 2014 6:36am Apr 8, 2014 6:36am
Few points before NY open. Stop is covered and I'll try to run the rest to next target. Quite a safe trade.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: es1 jpeg.jpg Size: 96 KB
Click to Enlarge Name: es2 jpeg.jpg Size: 85 KB
"A handful of patience is worth more than a bushel of brains"
  • #11
  • Apr 23, 2014 5:31am Apr 23, 2014 5:31am
Nice move before NY open.
Attached Image (click to enlarge)
Click to Enlarge Name: es1 jpeg.jpg Size: 122 KB
"A handful of patience is worth more than a bushel of brains"
  • #12
  • May 1, 2014 9:01am May 1, 2014 9:01am
NY open. ES emini. Book few ticks and remaining at break even.
Attached Image (click to enlarge)
Click to Enlarge Name: es1 jpeg.jpg Size: 132 KB
"A handful of patience is worth more than a bushel of brains"
  • #13
  • May 1, 2014 9:18am May 1, 2014 9:18am
Sweet.
Attached Image (click to enlarge)
Click to Enlarge Name: es2 jpeg.jpg Size: 125 KB
"A handful of patience is worth more than a bushel of brains"
  • #14
  • May 1, 2014 9:36am May 1, 2014 9:36am
Slowly scaling out. Remaining contract will be left until it reaches next target or taken out.
Attached Image (click to enlarge)
Click to Enlarge Name: es3 jpeg.jpg Size: 139 KB
"A handful of patience is worth more than a bushel of brains"
  • #15
  • May 1, 2014 9:49am May 1, 2014 9:49am
Last contract break even. Reset.
Attached Image (click to enlarge)
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"A handful of patience is worth more than a bushel of brains"
  • #16
  • May 5, 2014 6:06am May 5, 2014 6:06am
Exit with 1 contract at 1.5 points. Leaving the rest to run or break even.
Attached Image (click to enlarge)
Click to Enlarge Name: es1 jpeg.jpg Size: 71 KB
"A handful of patience is worth more than a bushel of brains"
  • #17
  • May 5, 2014 8:37am May 5, 2014 8:37am
Quoting Iron Pawn
Exit with 1 contract at 1.5 points. Leaving the rest to run or break even. {image}
Nice move.
Attached Image (click to enlarge)
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"A handful of patience is worth more than a bushel of brains"
  • #18
  • May 15, 2014 5:27am May 15, 2014 5:27am
NQ. Couple of ticks yesterday and some today.
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"A handful of patience is worth more than a bushel of brains"
  • #19
  • Jun 25, 2014 8:57am Jun 25, 2014 8:57am
Emini SP short.
Attached Image (click to enlarge)
Click to Enlarge Name: es.PNG Size: 42 KB
"A handful of patience is worth more than a bushel of brains"
  • #20
  • Jun 25, 2014 8:59am Jun 25, 2014 8:59am
Quoting Iron Pawn
Emini SP short. {image}
Emini SP long. Done for today. 2 trades are more then enough.
Attached Image (click to enlarge)
Click to Enlarge Name: es2.PNG Size: 40 KB
"A handful of patience is worth more than a bushel of brains"
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