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.

jonbig04

Jonbig04's Log

Recommended Posts

Took a stop today for -1.25. Saw the small move of 2 or so points, obviously I wanted more. Just goes to show that the level was correct, but price had other ideas. which is ok because if it was going to take of higher, it would ave done so at my level...or a good chance at least.

Share this post


Link to post
Share on other sites

Trying to do a stop run study. Too often do vol spikes occur just before a large move. As atto pointed out, there's no way to tell if that's a stop run or a break out. Or is there? I'm trying to see if I can distinguish them with any profitability. As with any system, its difficult to define specifically what you are looking for because if you wait for all criterion to be met, your fill is shit. With a 1 point stop, i can't afford crappy fill. Worked on this all last night with moderate success. I'm going to play around with it for the rest of the day. Im trying to focus on what price is doing, what a stop run IS and what it means in terms of supply and demand-how can I use that info to find them and get the killer entries that result? hmm.

Share this post


Link to post
Share on other sites

I think I'm on to something with this stop-run study. Im sick of charts right now, will likely continue the study tomorrow between trades. It's helpful because its looking like the stop run strategy works decently on months when my s/r picking is great (and is my net), but does very well when my s/r picking my be a little off, making up the slack. Anyways I don't want to get ahead of myself, but I think its a sound concept. I know I can get killer trades with a 1 point stop using the 5 sec and stop run hunting may be one way to do it.

 

 

As far as trading tomorrow goes...my TL has never been in danger and was bounced off of on 5/7 at 15:34 at 898. I have a major area at 940. May try to get a long in in the AM if I can, other wise I must wait. Does appear to be some R up here in the 925s, but my guess it that it will break to the upside, we'll see.

Share this post


Link to post
Share on other sites

finished my stop study, it works pretty well. Just another way of re-entering so no big changes there. NO trades today, this is all no mans land to me-which sucks.

 

I'm going to study my targets. I tested everything out with static targets, but we all know they suck. my average win is 9ES, but i know with this time frame I can aim for much, much more.

Share this post


Link to post
Share on other sites

Looking back at the week, I was able to catch the LOD once and I netted 10 from that. The next day my short was stopped 2 ticks below the HOD, the day after my short was stopped 1 point below the HOD, and today my short was stopped 2 ticks below the HOD. The purpose of this isn't to brag or rant, but rather recognize a weakness and try to fix it. The problem is simple. I am still getting my stop run. I cannot simply enter higher, because sometimes I miss the move by missing the fill. today for example, I missed fill on a long by 2 ticks. All of these trades would have netted me 9 ES. I don't expect to catch them all, but it seems like I should have been able to capitalize more off of them. I have developed stop-run rules that makeme more profitable, but I want to be an expert. I want to be able to know with 75% certainty when I see a stop run. I HATE the idea of having my stop run and not getting back in. What am I some loser noob who has no idea whats going on? Apparently. Bah. My work is cut out for me.

Share this post


Link to post
Share on other sites

No Reply.

 

I had a question for you, but I realised the answer, after examining you're most recent attached pictures.

Edited by CazMoney
Realised the answer to my initial question.

Share this post


Link to post
Share on other sites

haha, tell me about it. No, i think you're misunderstanding. What I mean is a few times I was short, then got stopped out just under the HOD. Meaning after stopping out my short by a few ticks, the market went down for the rest of the day. click the pics to see what i mean.

Share this post


Link to post
Share on other sites

Yeah sorry, I realsied that after I posted my question. So there's no confusion, my initial question was:

 

Why are you putting your stops "Below" the HOD. "

 

I then examined your posts and realised you were getting stopped prior to the HOD being made.

Share this post


Link to post
Share on other sites

microtrader takes tiny bit out of the market

macrotrader takes bite out of the market

 

 

don't use macro analysis to do micro trades,

and vis versa

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

    • BMY Bristol-Myers Squibb stock, nice top of range breakout at https://stockconsultant.com/?BMY
    • ENTA Enanta Pharmaceuticals stock watch, pullback to 7.26 double support area with high trade quality at https://stockconsultant.com/?ENTA
    • MWA Mueller Water Products stock watch, pullback to 24.85 support area with bullish indicators at https://stockconsultant.com/?MWA
    • META stock watch, with some good buying at the 626.2 triple support area at https://stockconsultant.com/?META
    • Date: 10th March 2025.   SNP500 Hits a 6-Month Low: Trade Policy & Recession Fears Weigh on Market`s.   The SNP500 completes a 3-week decline and falls to its lowest price since September 2024. The price continues to remain under pressure from President Trump’s trade policy. In addition to this, investors are becoming increasingly cautious about a potential US recession. SNP500 - Trade Policy and The Federal Reserve’s View On The Economy The US Non-Farm Employment data on Friday read lower than what analysts were expecting. However, the data does not yet indicate a recession. Investors are increasingly showing a lower risk appetite and cautiousness due to Trump’s trade policy on China, Mexico and Canada. The NFP Change read 151,000, 8,000 lower than predictions and the Unemployment Rate rose to 4.1%. The poor price movement is more driven by comments from the US President. Yesterday evening on Fox News, the US President addressed concerns about a potential US recession, advising the economy will undergo ‘a period of transition.’ However, some see this as a subtle warning of a short economic downturn. Though the Chairman of the Federal Reserve is taking a different tone and looking to reassure the market.     Mr Jerome Powell advises the FOMC is not expecting or worried about a US recession. ‘The US economy remains in a strong position despite heightened uncertainty,’ Powell stated at a University of Chicago event. He also said that sentiment readings have been a reliable tool for predicting consumption growth in recent years. ‘There is no need to rush, we are in a good position to wait for more clarity,’ was his answer to questions about interest rates. On the one hand, the SNP500 may witness support from the positive comments from the Fed regarding the economy. He also clarified that certain economic indicators are not predicting a recession regardless of the lower figures. However, the comments on interest rates and keeping them unchanged for a longer period can pressure the price of the index. Will The SNP500 Continue Declining? The FedWatch tool indicated a 92% chance of a pause in this month’s Fed Rate Decision, but the figure has risen to 97%. If the possibility of a rate cut continues to be unlikely in the near future, the SNP500 may continue to remain under pressure. Currently, the VIX, an index used as an indication of risk, is trading more than 4.00% higher. For this reason, the VIX continues to indicate a poor performance in the short-term. Asian and European indices are trading lower this morning as are US indices. As a result, the performance of the global stock market shows a ‘risk off’ sentiment. SNP500 - Technical Analysis The price of the SNP500 is currently trading 0.73% lower and gains bearish momentum as the European market opens. In the 2-hour timeframe, the price is trading below the main Moving Averages and VWAP. The index also remains within the ‘sell’ zone of the RSI and MACD. On the 3-minute chart, the price remains below the 200-bar SMA and sell signals may continue to materialize for as long as the price remains below this level.     Key Takeaways: The SNP500 has declined for three consecutive weeks, hitting its lowest level since September 2024. The main cause of pressure is from Trump’s trade policies and recession concerns. Weaker-than-expected US employment data raised caution. However, the Fed reassured markets, stating there is no imminent recession and no rush to adjust interest rates. The FedWatch tool now shows a 97% chance of a rate pause, reducing hopes for near-term cuts. Technical indicators suggest continued bearish momentum, with the index trading below key moving averages and remaining in the sell zone on RSI. 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.