Welcome to NexusFi: the best trading community on the planet, with over 150,000 members Sign Up Now for Free
Genuine reviews from real traders, not fake reviews from stealth vendors
Quality education from leading professional traders
We are a friendly, helpful, and positive community
We do not tolerate rude behavior, trolling, or vendors advertising in posts
We are here to help, just let us know what you need
You'll need to register in order to view the content of the threads and start contributing to our community. It's free for basic access, or support us by becoming an Elite Member -- see if you qualify for a discount below.
-- Big Mike, Site Administrator
(If you already have an account, login at the top of the page)
Major news, releases
17-00New home sales- exp. 667
During globex session asia market fall around 1%.
Pre market plan
Description: Main idea it short from weekly market view around 7170. But.....
Scenario1: Price open in range and will be wait same buyers arond 7170-7180 and if price don`t find buers how it was at last monday i will be wait fall above 7170 and look seller
Scenario2: Price on open PB and close gap and after start look to support around 7170. I will be look to buy under 7170
Day mission: Good Risk/reward
P.S. Im add new trading statistic "Profit index" in my daily journal
Post market view
It was sell off day
Main facts
1. Monthly view
2. Daily view
Description:
1. Very interst PB to VAH of previus month
2. VPOC area is possible support/resistance for future
3. Volume and Delta interest and possible buyers move market higher for next few days
Description:
1. Rule about 4 trades per day and stop work well! Add to my list of rule;
2. Profit index realy show what wrong in my trading!! And what i must change in near future!
Daily mission: FAIL
Can you help answer these questions from other members on NexusFi?
Description: Main two area monday VPOC and VAH
Scenario1: Do new high and find same seller. Place for short under ON_High!
Scenario2: Market open with sideway way and prepare same range and i will look to short from high this range
Scenario3: Only like scalping on 40 tick!! Price fall from opening and i will be wait on 7130 area and look buyers!
Day mission: Good risk/reward
Post market view
Good day, good profit BUT can be bigger!
Main facts
Description: Price try hold under monday vol. area. It positive thing
Description: Main idea: Im on right way! It good
- Profit index much better then in last few days;
- First trade was very good;
- Next two trades was not so good. Not enough power on signal;
Next day- Try do one good trade with good Profit index
Major news, releases
1. Same positive news about "trade war" from Trump;
2. Core Durable Goods Orders - worse the expected -0,3(0,5)
3. 17-00 Pending home sales- exp. 1,1%
Pre market plan
Description: Main area for today it area arond 7100
Scenario1: Price with out any PB go high, look at pHigh and how buyers will be hold it. Or trade First hour pattern "NHPBVW"
Scenario2: Price open with same sideway impulse and i will be look how buyers hold price under pVPOC (7105)
Scenario3: Seller hold price above 7100 with strong sell limit!
Day mission: Profit index around 0,3
Post market view
Small day loss, BUT can be more )
Main facts
Description:
-NQ was slowly then other market;
- No buyers completly;
Description: Day with few mestake:
1. Looks like "Gambling day" becouse i have limit 4 trades per day. BUT it was 7 trades!!
2. Not good enterence!! (Seat on hand and wait your signal);
Description: No any interest price area
Scenario1: Index on opening go and close gap and after will be same sideway move. Look to short around yday close or low;
Scenario2: From opening seller will be have control under price, in this case i wiil be look same delta pattern;
Day mission: One Good trade!
Post market view
Sellers lost this buttle, bulls came in
First trading day after one week weekend! Let`s go!
Major news, releases
NONE
Pre market plan
Description: Main for today it be careful after weekend and may be only look how buyers or sellers try to take control. But all my scenario postive for today
Scenario1: Based on new all time high. Main area for impulse or strong support can be around June VPOC area.
Scenario2: Sideway day without new all time high and may be in second half of day we can see same sellers postion.
Day mission: Green day
Post market view
Buy back program in active mode?
Main facts
Description:
- Like in my pre market view we see UP side day, BUT don`t do new all time high;
- Buy back program is 99% active;
- Potential support around 7260;
Trading statistic
NONE
Description: Im only looking after one week holiday.
P.S. Thanks to everyone who vote for my trading journal! I will be happy if i win this trading tornament and give me +100 motivation for continue work under this public journal)
If you like my journal plese vote here:
After one day look, today i will be look careful and take same strong pattern
Major news, releases
NONE
Pre market plan
Description: Main idea for today it long side until new all time high.
Scenario1: On opening will same PB to yesterday VPOC area and find same buyers;
Scenario2: On opening will be same sideway direction during 20-30 minutes and i will be look to same delta support area;
Comment: Important! During globex session was battle around my Active zone area (7310-7308)
Day mission: One good trade
Post market view
Main facts
Description: "Trade war" with China continue?
- Sell off momentum came with news from White House about next step of "trade war"
- On chart formes support area around 7310
- NQ was slowly then other market (ES,YM) but RTY was lower much more (-0,73%)
- Buyers lost control and don`t do new all time high during 2 days
Description:
1. I do like in my plan and work with area during low volatility market
2. Trade was not so bad BUT NOT good becouse in theory it must be day with (-400$) becouse no trade with potential profit 40 ticks
3. Five trade it too much for first trading day after holiday!
Description: Main idea: SHORT
Becouse:
1. Yesterday NQ was poor then ES and YM before news;
2. 6300 looks like support;
3. Negative news about trade war.
Scenario1: PB to close gap and looks same strong seller on delta and Time&sales;
Scenario2: Sideway move and prepare same delta resistance area;
Day mission: Green day!
Post market view
Main facts
Description: Classical sideway day with second day negtive delta.
Trading statistic PNL: +96$
Win ratio: 67%
Risk/reward: 0,88
Play book ratio: 100%
Profit index: 0,31
Description:
- All my enterence was good, with same area and idea;
- Not good exit!!! All my enterrence give me my first target 40 ticks! (R/R and Profit index must be better!)
Day mission: DONE
P.S. If you like my sistem work under public journal on FIO plese vote here in journal tournament
Description: After two sideway days with negative delta my prioritet for today it short side BUT....
Scenario1: Came back to yesterday balance area. I will be look short area around ON_High area after open
Scenario2: Price find same strong buyers and they hold price above support area around 7310.
Day mission: Good risk/reward
Post market view
Description:
- Too strong day and NQ much stronger then other market;
- "Strong buy" pattern day;
- Wide volume channel (7335-7385);
- Two active area;
Interest moment
Description:
My main idea for this day was SHORT, but rule "First read market then find pattern" is work !!! My idea about correlation beetwen market work and im not LOSE money with my short idea!
Trading stat
NONE
Description: It was great day for LONG but im trade my PlayBook pattern and they based on PB and i don`t find place for long with my rules and im not trade! Its great! I don`t jump to market when i don`t see clear situation for enter!
Once more my Playbook pattern:
1. First hour pattern;
2. Delta s/r;
3. Delta momentum (buy/sell stop);
Happy Friday! ))
Yesterday was very good day for test my discipline and working plan! It was DONE! Continue work in this direction!
Major news
NONE
Pre market plan
Description: Main scenario it long. After "Strong buy" day pattern i don`t look to sell with out any strong news
Scenario1: Based on PB yday VPOC area or low vol area around 7360. Looking to buy momentum signal
Scenario2: Slow-slow go up with next logic "range-impulse UP-range-impulse UP". Looking same support area above yday high.
Day mission: Good risk/reward day!
Post market view
Gambling in low volatility area((
Description: It was gambling day around delta area "C"
Main mistake:
- Im try take position in area! But market now too low volatility;
- 9 trades with limit 4 it CRAZY!!
About changes my trading stratagy im prepare in weekly market view
Positive moment:
- I don`t do completly stupid trades (all trades was from delta area);
- During last few days im understand what trades in delta s/r area not work with this volatility;
- Edge of volatility it 10,0 on 1 hour chart;
Negative moment:
- Risk/reward is catastrof low on this week;
- Bad enterence!;
- Much my trades was in delta s/r or range area;
- Two days from three was looks like gambling with too much trades!!!;
Table with potential profit:
Description: Only two potential trades can give me potential 40 ticks! It extreme low! And this is accept what my trades was not right on this week!
Chart Risk/reward and Win ratio:
Description: I see what last my 3 weeks risk/reward is going down! Very bad! 0,49 on this week it very very bad!
Summery:
All this things about risk/reward, potential profit and market condition i see what all my mistake it was what im trade in range, now update my Playbook and trade only re-test during low volatility market. Next week im test it!
P.S. If you like my public journal and this is every day job style please click "thanks" here in tournment for my journal:
