pramadas 

long got out out at 50,75 from 48.75 too narrow

cool, well you banked something.

DaxyMcDaxFace 

well i got one thing right. shame i got 3 entries wrong. i am going to be super cautious from this point on til January, as think its bit dangerous around certain levels - some of the price action looks weird, and i may go into scalping mode for quiet times. New swing trade rule: i can only buy/sell once at 1 level if i get stopped at it. If i scratch/win then i can re fade that level. I was in meetings up til just now, i am ultra busy with other stuff, but should be back on this full time tmrw.

Think that rule makes a lot of sense, I have something similar.

Yesterday was odd in Bund - had some good action and then later just deflated like drippy balloon 2 weeks after a kids birthday party.

1- Got short on the pullback to VWAP (thick orange line) at 161.16 after the good high in the IB and rising RVOL. Took the 1L off at the LOD.
2 - We had an A-down again on good RVOL, I got short on the touch of OR low - unfortunately A-down failed and then we moved to OR high.
3 - I looked for C-up (going against what I said the other day about holding a big stop on C trades) - big buyers stepped up at OR high and I hit the offer. RVOL was decent and we had an immediate extension. Stop was at OR low. I held the pullback to OR mid where I would have added if I had another lot to trade - only $100 till I get the extra margin. We then had the second extension. The market ONE TICKED my target where I would have netted a nice 32 ticks. The market started to pullback again. I thought fine I'll be patient and hold the trade as context is still all good.
Then RVOL as you can see starts to decline and we pullback to VWAP. I know I may be holding till US Open. I moved my stop to -2 to OR high as the market really should hold at VWAP.
The drift of death occurs, RVOL is dead and I get stopped -2... Annoying when all stars were in alignment before.
The market for the rest of the session rotated around the OR.

Don't think I did too much wrong today, just probably the first sign of the light Christmas market.

Zefi 

Yesterday was odd in Bund - had some good action and then later just deflated like drippy balloon 2 weeks after a kids birthday party. 1- Got short on the pullback to VWAP (thick orange line) at 161.16 after the good high in the IB and rising RVOL. Took the 1L off at the LOD. 2 - We had an A-down again on good RVOL, I got short on the touch of OR low - unfortunately A-down failed and then we moved to OR high. 3 - I looked for C-up (going against what I said the other day about holding a big stop on C trades) - big buyers stepped up at OR high and I hit the offer. RVOL was decent and we had an immediate extension. Stop was at OR low. I held the pullback to OR mid where I would have added if I had another lot to trade - only $100 till I get the extra margin. We then had the second extension. The market ONE TICKED my target where I would have netted a nice 32 ticks. The market started to pullback again. I thought fine I'll be patient and hold the trade as context is still all good. Then RVOL as you can see starts to decline and we pullback to VWAP. I know I may be holding till US Open. I moved my stop to -2 to OR high as the market really should hold at VWAP. The drift of death occurs, RVOL is dead and I get stopped -2... Annoying when all stars were in alignment before. The market for the rest of the session rotated around the OR. Don't think I did too much wrong today, just probably the first sign of the light Christmas market.

Interesting that you had Bund doing an A_Down, I didn't have that, only an A_Up.

Although I was expecting A_Down given the pre-cash action.

Hello all,

Another busy morning for me, but feeling fresh for today. ETH action can be very annoying, so RTH close was the ETH low.

Heres some levels:



Gap fil is 2252; ETH vwap ~2258.

Will post some charts later.

Thanks to the bund guys for ticking the thread over, what happened in FGBL this morning?

Is long for obvious reasons, as per yesterday but extra cautious today and trading 2 lot size til i get 2-3 winning swing trades.

Throughout US morning will look for long levels at ETH vwap/day SD1/OR & IB highs etc,. and hopefully get some confluence, but i wont be stepping in front of anything, it will be watch and wait and probably lift of the offer after a small bounce.

Good luck everyone.

...long after bounce off of OR high/ETh vwap, 2 pt stop targets are R3ish.

Tick div not great, and avg bit poor also as bounced quite quick.

DaxyMcDaxFace 

...long after bounce off of OR high/ETh vwap, 2 pt stop targets are R3ish. Tick div not great, and avg bit poor also as bounced quite quick.

Same here, good vol here so far. Let's see.

FGBLTrader 

Same here, good vol here so far. Let's see.

yes was quite good vol.

scalped and improved position slightly, hard stop @2261.

Really not liking this jerky PA.

my good run is continuing nicely - wow, this is shocking. 1 lot now, til i get one swing winner.

gap fill?

no idea.