Futures Journal Log

[Ronin 10]

Left a lot of money on the table ! :doh: But NO Regrets " Of all the girls I loved before...." ( whistling )

[brownsfan019 17]

Ronin - nice thread, you are on fire brother. I don't think I've ever seen a person have so many winning trades back-to-back and no drawdowns! Just an unbelievable run!

 

Keep up the great work!

[Ronin 10]

Ronin - nice thread, you are on fire brother. I don't think I've ever seen a person have so many winning trades back-to-back and no drawdowns! Just an unbelievable run!

 

Keep up the great work!

 

Sherry picking the Signals. Paid my dues, long time ago.

 

Here is one: 12:05pm Long 1488.50 Trade Setup: O.R. Bounce, 10min Bullish Bar and NQ +33

Target was 1491.50, 25mins later Out Flat 1489.50 +1 Pt ( Loss of potential profits)

Exit early due to no follow thru and 15min Time Limit exceeded.

 

This trade was very boring in my book to post, but will look for a loss next time. Sorry my time limit rules do not allow losses.Better yet don't worry about your doubts it will blind you. Focus on the good entries and emulate SUCCESS ! lol

[Ronin 10]

Don't go away, here another Trade with strict Timing rules:

 

1:57pm Long 1489.75 STOP 1489 Risk only .75 ( all my breakout trades require very Low Risk, sorry for rules Mr. Lurker )

 

Trade Setup: Breakout Trade with 5mins time limit and very tight stop loss.Either works or it doesn't.

 

1:58 , 5min time limit starts

:59pm- Ask 40 Bid 1

5 - 3

4 - 1

6 - 1

47 - 2

18 - 4

27 - 1

4 - -2

100 -- 6 Which way is going to go, very odvious...

 

Target Filled 1491.50 + 1.75 pts GAIN , Sorry NO Loss this time, maybe next time, just keep looking. lol

 

Looks like a lot of money on the table, it really hurts !

[brownsfan019 17]

Sherry picking the Signals. Paid my dues, long time ago.

 

Here is one: 12:05pm Long 1488.50 Trade Setup: O.R. Bounce, 10min Bullish Bar and NQ +33

Target was 1491.50, 25mins later Out Flat 1489.50 +1 Pt ( Loss of potential profits)

Exit early due to no follow thru and 15min Time Limit exceeded.

 

This trade was very boring in my book to post, but will look for a loss next time. Sorry my time limit rules do not allow losses.Better yet don't worry about your doubts it will blind you. Focus on the good entries and emulate SUCCESS ! lol

 

Great job Ronin! I've been trading for a while now and have losses each and every day so for you to have little to no losses each day is just amazing to me. I've not seen many daytraders with that ability!

 

They say losses are a part of doing business and while I agree with that sentiment, you are showing here that's not always the case!

[Ronin 10]

Here is another one:

 

1:23pm - Limit BUY ZBH8 115-08 Filled

 

Trade Setup: 30min Bullish Hammer Candle , 11 Tics Range Volume 1.6K ( 5min )

 

Price Action: Retracement to 115-05 ( 3 tics below my Long Entry ), Start 10mins timing Rule ( only applies when price is near or testing the L / S Entry). Another one of my pullback rules, sorry.

 

Ten minunes later price is near my entry. Exit 115-07 is executed with FULL confidence, that I'm not missing anything, get the hell out !

 

Loss 1 Tick = $31.25 Loss ! :applaud: We found a genuine Loss !

 

But, what is important is : What did the market do after my exit? IT DROPED

DAMM GOOD DECISION !

[Ronin 10]

Almost forgot to post this one, busy troubleshooting a Trojan Horse named "SmitFraud", finally killed the bastard:

 

SOLD ZBH8 , 116-02 on a separate Account (no day trading there)

Prev Balance: $20,266 Start Date: March 2nd, 2007. Start Balance: $2K.

About five Drawdowns since start date.

 

STOP Loss: 117-01 Thursday's High, moved stop down during Friday's session.

 

Trade Setup: 1. 60min STO: 85 / 87 K/D and Downcross of Daily STO ( Propriatery Settings)

 

2. Equities Strong Reversal UP

 

3. 30min , 7tics Bearish Candle Inverted Hammer at 12:50pm,Thursday, Dec-20

 

Trade Rules: Breakout of Prev Day Low or High, target first $1k gain.

Ideal Setup on NR7, Inside Days, Daily.

 

Other conditions must be meet to execute the trade. AND Gate Logic

 

Exit on Friday's close: 115-00 for 34 Tics GAIN = $1,062.50 Close Position Take Profits,

 

New Balance( 2nd Acct) : $ $21,328.50

 

Till Next Year,

See you at the other side of the Trade !

[Ronin 10]

ESH8 - Trade Setup: 1. N R 9 and Inside Day

 

2. Volume Osc.: +30% from -27% Bullish Cross UP of 20% Signal Line

 

3. RSI ( 2 ) : 70 UP from 28

 

Long 1475 Prev HIGH, Closed 1498, Gain = $1,150

 

Exit position on Close, take profits on Second Account,

 

New Balance: $22,478.50

[Ronin 10]

Must post this for the benefit of others to avoid. Lost a ton of critical data, personal files, and notes about trading:

 

My computer went CAPUT FUBAR:

 

Will not go into Safe Mode or Last Good Configuration

Will only go into F10 Setup

 

Symptoms: Turns On then WINDOWS Logo, followed by a quick blue flash on the top quarter of screen, then black screen only.

 

When F8 is pressed, it will go to the Options Menu, but will not go into Windows Desktop after Last Config. is selected.

 

Will not go into Safe Mode either.

 

Conditions before problem: Windows working and safe mode working, No new programs loaded or downloaded. No Viruses or Trojans found after 4 days of fighting them to death. No new devices installed.

 

 

Recovery CD Message: “These system recovery CDs do not support this Compaq PC model" press any key to continue.

 

Great way to end the year.

[Sparrow 10]

Hey ronin, sorry to hear that. Computer stuff can make one go crazy sometimes.

I don't think that anything could have stopped you if not for your computer, interesting to see a pro at work :thumbs up:

 

Seems like you are using a recovery cd from a different computer you owned.

Sometimes it's better to start off with a fresh install, in case your XP came with the computer, which it looks like, that could be a problem.

 

Hope you'll get back to trading soon.

 

Happy holidays

[Ronin 10]

Order on the Open GLOBEX Wed 12-26 GTC

Buy STOP 114-14 ZBH8, 30yr T-Bonds

STOP 114-09, Risk= 5 tics

 

Trade Setup: 60min MACD Bullish Divergence

 

NR 23 and BEARISH MACD 60min-Divergence on ESH8

[Ronin 10]

STOP Loss 114-09 Filled, Loss - 5 tics = - $156.25

 

Out Flat with a LOSS

 

New Balance: $12,149

[Ronin 10]

Long ESH8 1502, Target Filled: 1505.25 for + 3.25 Pts GAIN

 

Trade Setup: NQ Price action and VoL. Osc. +45

 

New Balance: $12,311.50

 

Out Flat.

[walterw 10]

Long ESH8 1502, Target Filled: 1505.25 for + 3.25 Pts GAIN

 

Trade Setup: NQ Price action and VoL. Osc. +45

 

New Balance: $12,311.50

 

Out Flat.

 

Ronin do you follow NQ leading moves ? that osc +45 wich one is ? thanks Walter.

[Ronin 10]

Ronin do you follow NQ leading moves ? that osc +45 wich one is ? thanks Walter.

 

 

Walter,

 

The Volume Osc. crossed UP the 20% Threshold few days back giving a BUY Signal, but it does not give you the Entry price. And that makes sometimes a huge difference, but that is not your question.

 

I believe you need to know which one has more priority. The Osc. is been used for gaging the likelihood of Trend continuation while the NQ helps in confirming the direction of the Intraday ( 5min ) moves. When looking at the price moves of the NQ vs. ES you will find that NQ leads the way about aprox. 70% of the time.

 

When it is not doing so then, I will consider it a very risky trade. Today the Internals started very week and the NQ started in Neutral Mode or Bias.

 

I was very busy adjusting my chart parameters on this new terminal

( belonging to my relative, my other comp is under repair) so I missed the first BUY Signal at about 9:45am, 5min Bullish Hammer Candle.

 

So, to answer your question, yes I do follow both but at different times and not with the same priorities.

[Ronin 10]

Limit SELL 1509.25 working during GLOBEX G.T.C.

 

BUY Stop Loss: 1510.25

 

Trade Setup: 60min MACD Bearish Divergence.

[Ronin 10]

Limit SELL 1509.25 working during GLOBEX G.T.C.

 

BUY Stop Loss: 1510.25

 

Trade Setup: 60min MACD Bearish Divergence.

 

BUY STOP Filled: LOSS -1 Pt

[Ronin 10]

Thursday Dec 27, 2007

 

ZBH8 - 30 yr T-Bonds BUY STOP 114-22 Filled, Long 114-22 ( High of Day )

 

Trade Setup:

 

Inside Day Daily

 

RSI(5) = 55

 

60min STO , BULLISH

 

Friday Dec 28. 2007 : Long 114-22

Closed 115-22

 

Exit Filled 115-22, +32 Tics GAIN = $1,000

 

New Balance: $23,078.50 ( second account )

 

What a way to finish the Year ! :beer:

[Ronin 10]

No Brainer Trade,

Friday, January 4th:

 

SOLD 1451 Prev Low ESH8 Stop 1464.75 High of Prev Day

 

Trade Setup: Thursday was Inside Day ( Daily ) and NR5

Volume Osc. Falling

Bearish Wedge / Triangle Pattern- Daily Broken down and confirmed by NQ

Weekly Trend: DOWN ( The Trend Is Your Friend )

SHORT 1451

Closed 1423 GAIN + 28 Pts = $1,400, Closed position, took profits.

 

Reasons for not staying short:

RSI (2) = 0.83 Very Berish ( Due for a pullback ) TRIN: Over 1.0 for 4 consecutive days VIX: Above 50 MA

 

New Balance: $ 13,711.50

 

What a way to start the year ! Happy new year to all the Bulls, lol

[Ronin 10]

Limit Buy 1417.75 and BUY STOP 1426.75 Globex High at 10:40pm Monday

 

Current price 1421.50 above the Pivot (1421.25) and above the POC -12:29am Tuesday

 

Trade Setup:

• RSI ( 2) = 19 Rising
  
• Volume Osc. - 43 Rising from -61
  
• 60min MACD Bullish Divergence
  
• NO Major Report( SHORT squeeze eminent )
  

 

To be continue...

Edited January 8, 2008 by Ronin

[Ronin 10]

Limit Buy 1417.75 and BUY STOP 1426.75 Globex High at 10:40pm Monday

 

Current price 1421.50 above the Pivot (1421.25) and above the POC -12:29am Tuesday

 

Trade Setup:

• RSI ( 2) = 19 Rising
  
• Volume Osc. - 43 Rising from -61
  
• 60min MACD Bullish Divergence
  
• NO Major Report( SHORT squeeze eminent )
  

 

To be continue...

 

03:10am 1426.75 Filled, Now LONG 1426.75 Canceld Limit BUY,

 

1431.50 Target Filled for +4.5 Pts GAIN

 

New Balance: $13,936.50 , 596% GAIN on Starting Balance

 

Out FLAT

Edited January 8, 2008 by Ronin

[Ronin 10]

7:39am ZBH8, Limit Order BUY 118.00

 

7:48am- No Fill

 

7:54am- Filled, LONG 118.00 Start 15 mins time limit...

 

TARGET: 118.05 Filled at 8:43am +5 Tics GAIN = $156.25

 

New Balance: $ 14,092.75

 

Out Flat....

[Ronin 10]

10:40 am Long 1432.75 ESH8

 

Trade Setup: 1min TF Buy Signal and 5min Bullish Hammer

NQ +18 and Internals above Neutral

TICK : NEUTRAL

Reaction to Housing Report: Positive

 

Price Action: Second BAR after Bullish Hammer disqualified the Long Entry and gave a warning to exit trade ASAP. Low of bar pierced the Prev Bar Low ( Hammer).

 

Exited with Loss of .25 = $12.50

Failure of Pivot Support followed- GOOD DESICION

 

12:45PM -LONG 1421 ( bad Entry) STOP 1416.50.

 

Price Action: That test of 1416.75 almost took my STOP Loss ( very close)

 

Trade Setup: don't recall, was having Lunch ( gut instincts ) lol

 

Exit Filled +11 Pts GAIN ! ( THAT , was a High Risk Trade and it worked ! got to test my luck once in a while)

 

New Balance: $ 14,642.75

 

Out FLAT

Edited January 9, 2008 by Ronin

[Ronin 10]

9:30am

 

Limit BUY 1405, Filled at 9:37am LONG 1405

 

Trade Setup:

 

• 60min MACD Bullish Divergence
   
  
• RSI ( 2 ) = 55 at Prev Close rising from 7 ovelsold BIG TIME !
   
  
• 60min-SP500-Volume Osc. = - 21% rising and crossed the 20% BUY Signal
  

[Ronin 10]

9:30am

 

Limit BUY 1405, Filled at 9:37am LONG 1405

 

Trade Setup:

 

• 60min MACD Bullish Divergence
   
  
• RSI ( 2 ) = 55 at Prev Close rising from 7 ovelsold BIG TIME !
   
  
• 60min-SP500-Volume Osc. = - 21% rising and crossed the 20% BUY Signal
  

 

Target FIlled: + 23 Pts GAIN $1,150 THAT 60min Vol Osc BUY Siganl worked like a 7' Basketball CHAMP !

 

Out Flat, going for Lunch break...