Jump to content

Welcome to the new Traders Laboratory! Please bear with us as we finish the migration over the next few days. If you find any issues, want to leave feedback, get in touch with us, or offer suggestions please post to the Support forum here.

  • Welcome Guests

    Welcome. You are currently viewing the forum as a guest which does not give you access to all the great features at Traders Laboratory such as interacting with members, access to all forums, downloading attachments, and eligibility to win free giveaways. Registration is fast, simple and absolutely free. Create a FREE Traders Laboratory account here.

TinGull

TinGull's Trades

Recommended Posts

Here's a log of my trades.

 

First trade today was a long on NQ. Higher volume on a break and close outside the 30min OR.

 

Available ticks = 11

Took +6 ticks as was looking for a further advance. The rest of the markets were cruising higher, but NQ and ER weren't wanting any part of it. Took what I could.

5aa70de64e501_NQ_Candle_@NQ(5m)5MinutesSession5-6.jpg.8c1381d5ad0153b1b17d4627a63c905b.jpg

Share this post


Link to post
Share on other sites

It's all good. I didn't take those because Ive found that a large % of my trades taken inside the first 30minutes have been losers, so I tend not to play much inside the first 30.

Share this post


Link to post
Share on other sites

Contract Symbol: YM

Trade Position: Long

Stop Price: 14012

Entry Price: 14023

Exit Price: 14023

Gross P&L in Points: 10

Setup : High Close Doji

 

Stop was placed in accordance to a 5min chart, setup was shown on a 15min chart. Tight stop, tight target.

5aa70de652f03_YM_15min_@YM(15m)15MinutesSession5-5.jpg.5bd7eca24156e50ee8c9df8e5bafd2c9.jpg

Share this post


Link to post
Share on other sites

Tough morning for me...took one trade but really shouldn't have as the volume didn't support the breakout, so it quickly reversed and stopped me out.

 

Contract Symbol: YM

Trade Position: Long

Stop Price: 14075

Entry Price: 14085

Gross P&L in Points: -10

Setup : 30min OR Breakout

 

I had an AWFUL fill on it, too. Wanted to be in around 81, but those darn market orders....anyways, at the close of the breakout candle I should have been aware that the volume wasn't supporting the break, but neglected to watch as I was just excited to see the break. Learned good with that one.

5aa70de6777ce_YM_Execution_@YM(5m)5MinutesSession5-11.jpg.b7a40f63e5861c238cecce832984acf2.jpg

Share this post


Link to post
Share on other sites

Do you keep an eye on the DJIA? You entered the trade as it broke above 14,000 for the first time ever. It usually takes a while to get through these psychologically significant big round numbers.

Share this post


Link to post
Share on other sites

You know, I actually don't watch the cash index. Shortly after that trade I got the email from marketwatch saying Dow traded atop 14k for the first time, and I thought...damn, I bet that was why that trade didn't work! So, I'll be sure to keep that in mind next time.

 

Thanks notouch

Share this post


Link to post
Share on other sites

Decent trade to cap off the day.

 

Reason for the trade was a break of the 30min OR high with volume confirming. While this was at the top of the days range and also into new high territory, I waited for confirmation of price acceptance in this area. When I saw price was not being rejected, I opened a quick position. Was wanting to get 20 points out of it, but the market didn't wanna give that to me, so I graciously took 11. :)

 

The 2 trades with black arrows were trades I saw, but didn't take. Reason being that they weren't part of my plan. Simple enough right? I'm focusing now on one setup thats simple, and then add on later. I have a real tendency to over-complicate things with obscene analysis. Having something that's literally as simple as ABC is cool with me.

YMTrade071707.thumb.jpg.c7fa3c3a77396156149331b97568a882.jpg

Share this post


Link to post
Share on other sites

I paper traded that last one approx same area ,saw the nifty trend-line. I'm still new so I'm not yet trading with real money in futures, but I'm happy to see that other traders are spotting the same patterns that I am, a bit reassuring that I'm on the right track. ;)

 

Nice trade!

Share this post


Link to post
Share on other sites
Do you keep an eye on the DJIA? You entered the trade as it broke above 14,000 for the first time ever. It usually takes a while to get through these psychologically significant big round numbers.

 

 

Tingull, I took the very same trade, except I waited for a pullback to 14070, and I still got stopped out! It was only a couple of hours later that I realized that the DJIA was right at 14000 at that time, hence the big selloff, and the subsequent grind to nowhere. I wasn't too disappointed, though, because I was following my rules. Of course, I just added a new one--keep a better eye on the DJIA on new highs and breaks of 1000s and 500s.

Share this post


Link to post
Share on other sites

Tin,

 

Are you refering to the delta indicator or the volume historgram? I don't quite see you volume confirmation and I'd like to understand your reasoning.

 

Sorry for the simple question.....

Share this post


Link to post
Share on other sites

Hello TinGull, if I may add something on your trade on the 17th, we can see that using the VSA perspective, the breakout candle was a form a of no demand bar as the bar close higher than the previous bar, close on the high with a middle range spread and most importantly, the volume was less than the previous 2 bars.

 

If we add the fact that this bar was at the previous high of 14076, this was a sign of weakness for a continued up move.

 

 

We had also a more perfect "no demand" bar 3 bars before (higher close than previous bar, close in the middle of its range, narrow spread and volume less the 2 previous bars)

 

Also, if we look at the volume in relative term, we can see that every time tha price tried to pass through the hi of 14076, the volume was equal or below average, meaning no strong interest from the "smart money" or "big dogs" to get higher price.

 

Just my 2cents to looking at your trade in another perspective. I am in no way an expert as i am learnign as everybody here but really see the edge in using volume reading with bar spread and support and resistance all together.

 

BTW, nice trade on the following, very nicely done

 

Sincerly

 

Shreem:)

Share this post


Link to post
Share on other sites

Thanks Shreem! I definitely realize the problem with that trade you're talking about. I realized right after I got stopped on it. It was just my excitement of finally getting a breakout that did me in. ;) never again, though!

Share this post


Link to post
Share on other sites

Hello Dear TinGull, thank for the reply. You know, you are not alone in this situation. How many times, I have jump to fast as I was impatient to get in on a position to be stop out just because of my uncontrolled emotions.

 

However, the greatest master of the Market is our loss if can learn from them. They have a lot to teach us.

 

I can see by your posts that you are really a kind of learning from them, so I am sure you are already a very profitable and wise trader to learn from.

 

Great journal that you have here

 

Sincerly

 

Shreem:)

Share this post


Link to post
Share on other sites

Thanks again for the kind words, Shreem. I've come a long way in my learning, thats for sure...but have much much more to learn. I look forward to every day for the learning aspects alone. If I make money, I learn what I did right, if I lose, I learn what I did wrong.

 

Thanks again!

Share this post


Link to post
Share on other sites

2 trades today, first was a breakeven trade and second was a +10.

 

+11 on the day

 

First trade reason was price formed a lower high, unable to break the highs of 2 days ago and as you can see by the arrow, volume got heavier on the bar I shorted on, showing some selling interest. I nabbed it real quick, was up +9 (target was +10) and then it ran back up to my entry and got out at +1. Figured I'd wait for another setup, but the day just was a real grind. Very tough to keep my eyes open.

 

After the Fed minutes I looked for an entry. There was a great entry around 14055 that I missed...must've dozed off. So grabbed the next higher volume up bar and went long that. So far, I exited at the high tick, so that's fun.

5aa70de6a1dcf_YM_Execution_@YM(5m)5MinutesSession5-16.thumb.jpg.be1e75550f050dbd2660690f587ff726.jpg

Share this post


Link to post
Share on other sites
Here's a log of my trades.

 

First trade today was a long on NQ. Higher volume on a break and close outside the 30min OR.

 

Available ticks = 11

Took +6 ticks as was looking for a further advance. The rest of the markets were cruising higher, but NQ and ER weren't wanting any part of it. Took what I could.

 

tin - nice chart. As notouch mentioned, hopefully those 4 hammers (the 'fammer') gave you extra confidence in the trade. You don't see the 'fammer' often, but it is something to watch.

 

note - fammer is something I just made up. Just like a 'trammer' (three hammers back-to-back). While the words are something I've made, it's something to pay attention to in my opinion.

Share this post


Link to post
Share on other sites
Would 5 be a quammer? :)

 

I like it! :p

 

My point being in case it was lost in translation is that if you are already long and getting multiple hammers, that's usually a good thing. If you are not long, perhaps it should grab your attention.

 

Keep in mind though that you are not going to see a trammer, fammer or quammer often. When you do, hopefully you are already long!

Share this post


Link to post
Share on other sites

Morning trades thus far...Disclaimer: These are paper trades right now as I'm going through some significant life changes lately and my mind is no where near being as clear as it could be. I am currently looking for 1 setup that is clearly defined and keeping a journal of every 15 minutes of market action to be sure I stick to what I see in the market instead of what I *think* could happen. Once these changes are done in my life (about 3-5 weeks I would assume) I'll be back on the payroll.

 

All on YM

 

Short at 841

Stop at 856

Reason - High volume attack on 30min Low, should cruise lower.

 

Result...stopped for -15. My stop was right UNDER the high of the candle I shorted. Improper placement if you ask me. Totally clouded.

 

Next trade was a higher volume doji at the 50% of the down move. Should follow thru to the downside.

 

Short at 815

Stop at 833 (above the doji)

Reason as stated above

Covered for +40.

 

The market is very volatile as of late, which is great for day trading...but also is significant in looking at tops. Phase 3's (topping phases) are usually associated with higher volatility as the public finally gets into the market and they want in hard. Pros are liquidating, but when price gets too low they bid it up again to sell more as to not hurt their positions in the long run.

YMMorning7-25.thumb.jpg.62e75fffb7031c568358a749e9674d38.jpg

Share this post


Link to post
Share on other sites

Ended up the day decent. 3 trades, -15 the first, +40 and +12 later on.

 

Final trade was a higher volume break of the 30min OR low once price entered. It was a counter trend trade at that point, so I went into it knowing it would be a small scalp.

YMTrade072507.thumb.jpg.302a7f66394092bcd9f3467e1095c25c.jpg

Share this post


Link to post
Share on other sites
Ended up the day decent. 3 trades, -15 the first, +40 and +12 later on.

 

Final trade was a higher volume break of the 30min OR low once price entered. It was a counter trend trade at that point, so I went into it knowing it would be a small scalp.

 

Good job getting back on the horse tin after the first loss. I find that is one of the hardest things for me - taking loss(es) immediately and continue to trade. Something I always have to work on.

 

Nice job today!

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.


  • Topics

  • Posts

    • lmfx just officially launched their own LMGX token, Im planning to grab a couple of hundred and maybe have the option to stake them. 
    • Date: 2nd April 2025.   Market on Edge: Tariff Announcement and Volatility Ahead!   The US economic and employment data continues to deteriorate with the job vacancies figures dropping to a 5-month low. In addition to this, the IMS Manufacturing PMI also fell below expectations. However, both the US Dollar and Gold declined simultaneously following the release of the two figures, an uncommon occurrence in the market. Traders expect a key factor to be today’s ‘liberation day’ where the US will impose tariffs on imports. USDJPY - Traders Await Tariff Confirmation! Traders looking to determine how the USDJPY will look today will find it difficult to determine until the US confirms its tariff plan. Today is the day when Trump previously stated he would finalize and announce his tariff plan. The administration has not yet released the policy, but investors expect it to be the most expansionary in a century. President Trump is due to speak at 20:00 GMT. On HFM's Calendar the speech is stated as "US Liberation Day Tariff Announcement". Currently, analysts are expecting Trump’s Tariff Plan to impose tariffs on the EU, chips and pharmaceuticals later today as well as reciprocal tariffs. Economists have a good idea of how these tariffs may take effect, but reciprocal tariffs are still unspecified. In addition to this, 25% tariffs on the car industry will start tomorrow. The tariffs on the foreign cars industry are a factor which will particularly impact Japan. Although, traders should note that this is what is expected and is not yet finalised. Last week, President Trump stated that he would implement retaliatory tariffs but allow exemptions for certain US trade partners. Treasury Secretary Mr Bessent and National Economic Council Director Mr Hassett suggested that the restrictions would primarily target 15 countries responsible for the bulk of the US trade deficit. However, yesterday, Trump contradicted these statements, asserting that additional duties would be imposed on any country that has implemented similar measures against US products. The day’s volatility will depend on which route the US administration takes. The harshness of the policy will influence both the Japanese Yen as well as the US Dollar.   USDJPY 5-Minute Chart   US Economic and Employment Data The JOLT Job Vacancies figure fell below expectations and is lower than the previous month’s figure. The JOLT Job Vacancies read 7.57 million whereas the average of the past 6 months is 7.78 million. The ISM Manufacturing Index also fell below the key level of 50.00 and was 5 points lower than what analysts were expecting. The data is negative for the US Dollar, particularly as the latest release applies more pressure on the Federal Reserve to cut interest rates. However, this is unlikely to happen if the trade policy ignites higher and stickier inflation. In the Bank of Japan’s Governor's latest speech, Mr Ueda said that the tariffs are likely to trigger higher inflation. USDJPY Technical Analysis Currently, the Japanese Yen Index is the worst performing of the day while the US Dollar Index is more or less unchanged. However, this is something traders will continue to monitor as the EU session starts. In the 2-hour timeframe, the USDJPY is trading at the neutral level below the 75-bar EMA and 100-bar SMA. The RSI and MACD is also at the neutral level meaning traders should be open to price movements in either direction. On the smaller timeframes, such as the 5-minute timeframe, there is a slight bias towards a bullish outcome. However, this is only likely if the latest bearish swing does not drop below the 200-Bar SMA.     The key resistant level can be seen at 150.262 and the support level at 149.115. Breakout levels are at 149.988 and 149.674. Key Takeaway Points: Job vacancies hit a five-month low, and the ISM Manufacturing PMI missed expectations, adding pressure on the Federal Reserve regarding interest rate decisions. Traders await confirmation on Trump’s tariff policy, which is expected to impact the EU, chips, pharmaceuticals, and foreign car industries. The severity of the tariffs will influence both the JPY and the USD, with traders waiting for final policy details. The Japanese Yen Index is the worst index of the day while the US Dollar Index is unchanged. Always trade with strict risk management. Your capital is the single most important aspect of your trading business.   Please note that times displayed based on local time zone and are from time of writing this report.   Click HERE to access the full HFM Economic calendar.   Want to learn to trade and analyse the markets? Join our webinars and get analysis and trading ideas combined with better understanding of how markets work. Click HERE to register for FREE!   Click HERE to READ more Market news.   Michalis Efthymiou HFMarkets   Disclaimer: This material is provided as a general marketing communication for information purposes only and does not constitute an independent investment research. Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of buying or selling of any financial instrument. All information provided is gathered from reputable sources and any information containing an indication of past performance is not a guarantee or reliable indicator of future performance. Users acknowledge that any investment in Leveraged Products is characterized by a certain degree of uncertainty and that any investment of this nature involves a high level of risk for which the users are solely responsible and liable. We assume no liability for any loss arising from any investment made based on the information provided in this communication. This communication must not be reproduced or further distributed without our prior written permission.
    • HLF Herbalife stock, watch for a bull flag breakout above 9.02 at https://stockconsultant.com/?HLF
    • Date: 1st April 2025.   Will Gold’s Rally Hold Strong as New Trade Tariffs Take Effect Tomorrow?   Gold continues to increase in value for a sixth consecutive day and is trading more than 17% higher in 2025. Amid fear of higher inflation, a recession and the tariffs war escalating investors continue to invest into Gold pushing demand higher. The trade policy from April 2nd onwards continues to be a key factor for the whole market. Can Gold maintain its upward trend? Trade Policy From Tomorrow Onwards Starting as soon as tomorrow, a 25% tariff will be imposed on all passenger cars imported into the United States. While this White House policy is anticipated to negatively affect European industrial performance, it will also lead to higher transportation and maintenance costs for everyday American taxpayers. The negative impact expected on both the EU and US is one of the reasons investors continue to buy Gold. Additionally, last month, President Donald Trump announced reciprocal sanctions against any trade partners that impose import restrictions on US goods. Furthermore, tariffs on products from Canada and the EU could increase even more if they attempt to coordinate a response. Overall, investors continue to worry that new trade barriers will prompt retaliatory measures, particularly from China, the Eurozone, and Japan. Any retaliation is likely to escalate the trade conflict and prompt another reaction from the US. Experts at Goldman Sachs and other investment banks warn that this will lead to rising inflation and unemployment. They also caution that it could effectively halt economic growth in the US.   XAUUSD 1-Hour Chart   The Weakness In The US Dollar Another factor which is allowing the price of XAUUSD to increase in value is the US Dollar which has been unable to maintain any bullish momentum. Despite last week’s Core PCE Price Index rising to its highest level since February 2024, the US Dollar has been unable to see any significant rise in value. Due to the US Dollar and Gold's inverse correlation, the price of Gold is benefiting from the Dollar weakness. Investors worry that new trade barriers will prompt retaliatory measures from China, the Eurozone, and Japan, potentially escalating the conflict. Experts at The Goldman Sachs Group Inc. believe that such actions by the US administration will drive rising inflation and unemployment while effectively halting economic growth in the country. Can Gold Maintain Momentum? When it comes to technical analysis, the price of Gold is not trading at a price where oscillators are indicating the instrument is overbought. The Relative Strength Index currently trades at 68.88, outside of the overbought area, since Gold’s price fell 0.65% during this morning’s session. However, even with this decline, the price still remains 0.40% higher than the day’s open price. In terms of fundamental analysis, there continues to be plenty of factors indicating the price could continue to rise. However, the price movement of the week will also partially depend on the employment data from the US. The US is due to release the JOLTS Job Vacancies for February this afternoon, the ADP Non-Farm Employment Change tomorrow, and the NFP Change and Unemployment Rate on Friday. If all data reads higher than expectations, investors may look to sell to lock in profits at the high price. Key Takeaway Points: Gold’s Rally Continues – Up 17% in 2025 as investors seek safety from inflation, recession fears, and trade tensions. Trade War Impact – New US tariffs and potential retaliation from China, the EU, and Japan drive uncertainty, boosting Gold demand. Weak US Dollar – The Dollar’s struggle supports Gold’s rise due to their inverse correlation. Gold’s Outlook – Uptrend may continue, but US jobs data could trigger profit-taking. Always trade with strict risk management. Your capital is the single most important aspect of your trading business.   Please note that times displayed based on local time zone and are from time of writing this report.   Click HERE to access the full HFM Economic calendar.   Want to learn to trade and analyse the markets? Join our webinars and get analysis and trading ideas combined with better understanding of how markets work. Click HERE to register for FREE!   Click HERE to READ more Market news.   Michalis Efthymiou HFMarkets   Disclaimer: This material is provided as a general marketing communication for information purposes only and does not constitute an independent investment research. Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of buying or selling of any financial instrument. All information provided is gathered from reputable sources and any information containing an indication of past performance is not a guarantee or reliable indicator of future performance. Users acknowledge that any investment in Leveraged Products is characterized by a certain degree of uncertainty and that any investment of this nature involves a high level of risk for which the users are solely responsible and liable. We assume no liability for any loss arising from any investment made based on the information provided in this communication. This communication must not be reproduced or further distributed without our prior written permission.
    • Date: 31st March 2025.   Trump Confirms Tariffs on All Countries, Sending Stocks Lower.   The NASDAQ continues to trade lower due to the US confirming the latest tariffs will be on all countries. In addition to this, bearish volatility also is largely due to the higher inflation data from Friday. The NASDAQ declines to its lowest price since September 11th 2024. Core PCE Price Index - Inflation Increases Again! The PCE Price Index read 2.5% aligning with expert forecasts not triggering any alarm bells. However, the Core PCE Price Index rose from 0.3% to 0.4% MoM and from 2.7% to 2.8% YoY, signalling growing inflationary pressure. This increases the likelihood that the Federal Reserve will maintain elevated interest rates for an extended period. The NASDAQ fell 2.60% due to the higher inflation reading which is known to pressure the stock market due to pressure on consumer demand and a more hawkish Federal Reserve. Boston Fed President Susan Collins recently commented that tariffs could drive up inflation, though the long-term impact remains uncertain. She told journalists that a short-term spike is the most probable outcome but believes the current pause in monetary policy adjustments is appropriate given the prevailing uncertainties. Although, certain investment banks such as JP Morgan actually believe the Federal Reserve will be forced into cutting rates. This is due to expectations that the economy will struggle under the new trade policy. For example, JP Morgan expects the Federal Reserve to delay rate cuts but will quickly cut towards the end of 2025. Market Risk Appetite Takes a Hit! A big factor for the day is the drop in the risk appetite of investors. This can be seen from the VIX which is up almost 6%, Gold which is trading 1.30% higher and the Japanese Yen which is the day’s best performing currency. Most safe haven assets, bar the US Dollar, increase in value. It is also worth noting that all indices are decreasing in value during this morning's Asian session with the Nikkei225 and NASDAQ witnessing the strongest decline. Previously the stock market rose in value as investors heard rumours that tariffs would only be on certain countries. This bullish swing occurred between March 14th and 25th. Over the weekend, President Donald Trump indicated that the upcoming tariffs would apply to all countries, not just those with the largest trade imbalances with the US. NASDAQ - Technical Analysis In terms of technical analysis, the NASDAQ continues to obtain indications that sellers control the price action. The price opens on a bearish price gap measuring 0.30% and trades below all Moving Averages on all timeframes. The NASDAQ also trades below the VWAP and almost 100% of the most influential components (stocks) are declining in value.     The next significant support level is at $18,313, and the resistance level stands at $20,367.95. Key Takeaway Points: NASDAQ falls to its lowest since September 2024 as the US confirms tariffs on all countries, adding to inflation concerns. Core PCE inflation rises to 0.4% MoM and 2.8% YoY, increasing the likelihood of prolonged high interest rates. Investor risk appetite drops as VIX jumps 6%, gold gains 1.3%, and safe-haven assets outperform. NASDAQ shows strong bearish momentum, trading below key technical levels with support at $18,313 and resistance at $20,367.95. Always trade with strict risk management. Your capital is the single most important aspect of your trading business.   Please note that times displayed based on local time zone and are from time of writing this report.   Click HERE to access the full HFM Economic calendar.   Want to learn to trade and analyse the markets? Join our webinars and get analysis and trading ideas combined with better understanding of how markets work. Click HERE to register for FREE!   Click HERE to READ more Market news.   Michalis Efthymiou HFMarkets   Disclaimer: This material is provided as a general marketing communication for information purposes only and does not constitute an independent investment research. Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of buying or selling of any financial instrument. All information provided is gathered from reputable sources and any information containing an indication of past performance is not a guarantee or reliable indicator of future performance. Users acknowledge that any investment in Leveraged Products is characterized by a certain degree of uncertainty and that any investment of this nature involves a high level of risk for which the users are solely responsible and liable. We assume no liability for any loss arising from any investment made based on the information provided in this communication. This communication must not be reproduced or further distributed without our prior written permission.
×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.