NexusFi: Find Your Edge


Home Menu

 





Like a turtle to his balcony...


Discussion in Trading Journals

Updated
      Top Posters
    1. looks_one GaryD with 1,625 posts (688 thanks)
    2. looks_two josh with 67 posts (106 thanks)
    3. looks_3 greenr with 51 posts (53 thanks)
    4. looks_4 Deucalion with 28 posts (77 thanks)
      Best Posters
    1. looks_one Deucalion with 2.8 thanks per post
    2. looks_two josh with 1.6 thanks per post
    3. looks_3 greenr with 1 thanks per post
    4. looks_4 GaryD with 0.4 thanks per post
    1. trending_up 275,063 views
    2. thumb_up 1,158 thanks given
    3. group 36 followers
    1. forum 1,905 posts
    2. attach_file 1,043 attachments




 
Search this Thread
  #1711 (permalink)
 
GaryD's Avatar
 GaryD 
Orlando, Florida
 
Experience: None
Platform: shoes
Trading: happy
Posts: 6,462 since May 2011


Private Banker View Post
Hey Gary,

Looks like a failed breakout after balancing for several days. I would think the market would test the lower end of the balance area in which it just returned back into. As for the IB on the last session, the market formed a modest balance if that in the IB period and the market continued to reject the IB for the remainder of the day.

Hopefully that was what you were asking here.

Cheers,
Ben

This is the weekly. I am understanding the "balance area" to be this range.





But also did not find Friday's support to be unexpected, with the confluence of the DALT / measured move of the prior major down, and the 786 of the recent major up.


Started this thread Reply With Quote

Can you help answer these questions
from other members on NexusFi?
How to create dashboard like this one?
Platforms and Indicators
Brendt Skorupinsky
Trading Reviews and Vendors
Pivot Indicator like the old SwingTemp by Big Mike
NinjaTrader
Has anyone taken trading from Agnieska Wood - Ahead Coach?
Psychology and Money Management
Value Area Low (VAL) – Lowest Price Level of Profile V …
NinjaTrader
 
Best Threads (Most Thanked)
in the last 7 days on NexusFi
1 Minute Man
107 thanks
ApexTraderFunding.com experience and review
106 thanks
In futures why does price turn so hard against you
42 thanks
GFIs1 1 DAX trade per day journal
30 thanks
Joes Trading Garage
19 thanks
  #1712 (permalink)
 
GaryD's Avatar
 GaryD 
Orlando, Florida
 
Experience: None
Platform: shoes
Trading: happy
Posts: 6,462 since May 2011


Private Banker View Post
Looks like a failed breakout after balancing for several days. I would think the market would test the lower end of the balance area in which it just returned back into. As for the IB on the last session, the market formed a modest balance if that in the IB period and the market continued to reject the IB for the remainder of the day.

Ben, taking the TPOVA chart and just using a price line helps me to see where value has clustered before. I had this chart marked up Friday also, but did not pay as much attention to it since it is new to me. This is just an adaptation of something you watch.

Once price opened so far below the prior day's range last week, I started looking for where it was headed. Are the areas I defined for myself something you would agree with? Or more, the skipping past the other areas?


Started this thread Reply With Quote
  #1713 (permalink)
 
GaryD's Avatar
 GaryD 
Orlando, Florida
 
Experience: None
Platform: shoes
Trading: happy
Posts: 6,462 since May 2011


Journaling can be frustrating. Trying to drag out the contents of your thoughts, meanwhile ridding yourself of concern about that anyone else might think...

And that came from having some great thought as I talked with my wife, but then continuing with the conversation to the point where the fire went out on the thought that conceived this post, and then logging on to document it, but not really being able to define it anymore.

aka, Frustrating

aka, "Fuck", anything that says, I don't have anything to say, but want to be heard.

Started this thread Reply With Quote
  #1714 (permalink)
 
GaryD's Avatar
 GaryD 
Orlando, Florida
 
Experience: None
Platform: shoes
Trading: happy
Posts: 6,462 since May 2011

Survival has limited ties to helping others. And the desire to help others can originate from feeling there is plenty. And, fear can originate from feeling there is not.

The further from fear the closer to wanting to help. Or, the closer to feeing powerful. But it becomes a crossroads.

Started this thread Reply With Quote
  #1715 (permalink)
 
GaryD's Avatar
 GaryD 
Orlando, Florida
 
Experience: None
Platform: shoes
Trading: happy
Posts: 6,462 since May 2011





Watching value play out before going to bed.

Wondering if the pros of journaling outweigh the cons.

Training Piper not to eat Short Squeeze. Something wieurd shifted in bed last night. Jealousy? Fear of not having enuogh to go around? Protectivism? Whatever it is, we have some of it.

Started this thread Reply With Quote
  #1716 (permalink)
 
GaryD's Avatar
 GaryD 
Orlando, Florida
 
Experience: None
Platform: shoes
Trading: happy
Posts: 6,462 since May 2011

Monday



Copper testing $3

Silver, gold, platinum, all coming off. Percentage-wise silver still is the most impressive.



Crude pushed through Friday's support in the ON session, but has risen back into Friday's RTH range currently.





I met a new interesting trader last night via Skype, had a long fun conversation. Each experience like that seems to build comfort for me. That lead to some deeper stuff with Melissa as the night went on.

Melissa really does not like the name Short Squeeze... I offered to negotiate with Kitty Kitty Bang Bang... still in talks.



ES is testing the local key support zone, using a recent base as a key reference, and it may provide trade opportunities today, but the larger chart and channels is still something I am watching.


Started this thread Reply With Quote
  #1717 (permalink)
 
Private Banker's Avatar
 Private Banker 
La Jolla, CA
 
Experience: Master
Platform: Sierra Chart, X_Trader Pro, OptionsCity
Broker: Advantage, Trading Technologies, OptionsCity, IQ Feed
Trading: CL, NG
Posts: 1,038 since Jul 2010
Thanks Given: 1,713
Thanks Received: 3,863


GaryD View Post
Ben, taking the TPOVA chart and just using a price line helps me to see where value has clustered before. I had this chart marked up Friday also, but did not pay as much attention to it since it is new to me. This is just an adaptation of something you watch.

Once price opened so far below the prior day's range last week, I started looking for where it was headed. Are the areas I defined for myself something you would agree with? Or more, the skipping past the other areas?


Hey Gary,

I assume you're just tracking value areas here? While tracking value is important, its equally if not more important to pay attention to structure (areas of excess) to identify support and resistance areas (trade locations) and areas of acceptance (targets).

Reply With Quote
Thanked by:
  #1718 (permalink)
 
GaryD's Avatar
 GaryD 
Orlando, Florida
 
Experience: None
Platform: shoes
Trading: happy
Posts: 6,462 since May 2011









Looking to buy

Started this thread Reply With Quote
  #1719 (permalink)
 
GaryD's Avatar
 GaryD 
Orlando, Florida
 
Experience: None
Platform: shoes
Trading: happy
Posts: 6,462 since May 2011






Started this thread Reply With Quote
  #1720 (permalink)
 
GaryD's Avatar
 GaryD 
Orlando, Florida
 
Experience: None
Platform: shoes
Trading: happy
Posts: 6,462 since May 2011





Watching a few more of @Private Banker's charts this week. Tough to do sometimes while sorting out what stays and what goes. I initially just brought a couple in, then modified them, then another, more modifying... Up to 15 charts today, had to move things around to see them, crazy. My right monitor is packed with 8 of them. I need to get this back down in the next few days, but just wanted to see a few things live and it is hard to know what I want to see without seeing it. They are still his charts, not mine.

Started this thread Reply With Quote




Last Updated on August 5, 2013


© 2024 NexusFi™, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
All information is for educational use only and is not investment advice. There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Privacy Policy - Downloads - Top
no new posts