Recent content by reflection

I like using the 60 minute charts myself but for exact entry and exit I use both 1 minute and 15 minute charts.

Position update (-3/+3 is max) S&P futs: +1 (entry 1256) => +2 (entry 1247) S&P futs: +2 (entry 1249) => 0 (exit 1237) Added 1 clip at 1242 but stopped out at 1237 which i thought was important resistance. The mistake here was that i should have had a wider stop? Market low at this point...

Its technical and macro related decisions but most of my daily trading comes from trading breakouts as well as figuring out what technical patterns are likely to happen again in a specific scenario. I believe markets move in cycles and my job is trying to figure out in what kind of cycle we are...

I traded s&p futs in this case - i have a set of determined scenarios which i think could happen and my technical system gave me a signal to add longs back again. It's really a mix of technical and macro related decisions which are discretinary. -3/+3 is not the exact number of contracts i...

Position update (-3/+3 is max) S&P futs: +0.5 => +1 (entry 1256) Added another 0.5 clip at 1257 putting my avg at 1256. Planning to add +0.5 clips each at 1245-50 levels.

Position update (-3/+3 is max) S&P futs: 0 => +0.5 (entry 1255) I'm reinitiating longs again and will buy dips towards 1240. I hope we see some decent retracement but past experience tells me we might not go so far. Target to the upside will be 1285-90. My stop will be around 1235.

that's right. not very well managed i have to say. the reason the account has so much volatility is because i trade assuming my portfolio is a bigger size which remains in cash but my futures account is where i will be generating the extra alpha, so it includes the risk trades and looks more...

Position update (position on the back of -3/+3) S&P futs: +1 (entry 1235) => 0 (exit 1256) After making yesterday's big blunder I've turned long (not long enough) where yesterday's move offsets some of my losses yesterday. I plan to trade to the long side in the meantime where a breach...

Position update (position on the back of -3/+3) S&P futs: -2.5 (entry 1216.5) => 0 (exit 1231) Turns out I've made a big blunder. Two takeaways here - I should always have a tight stop rather than a large one especially for my big positions, and I always lose a lot of money when I get...

Position update (position on the back of -3/+3 being max) S&P futs: +1 (entry 1220.5) => 0 (exit 1217) S&P futs: 0 => -2.5 (entry 1216.5) Although I was thinking of keeping my long position till 1205, I decided prematurely to stop out and actually trade short looking at the bad price...

Well you have to bullish very long term on the S&Ps especially if you look at it on a 100 year log graph I agree. The problem is it's really about the timing of when you get in, if you get in really near the highs you have to hold onto that for maybe 15-20 years before you see that back. Also I...

Position update (position on the back of -3/+3 is max) S&P futs: 0 => +1 (entry 1220.5) I've obviously been lazy not shorting S&P futs at 1240ish (I was looking to short around 1243) and range trade this but think this consolidation move is close to finished which will now push S&P futs...

Position update (position on the back of -3/+3 is max) S&P futs: -2 (entry 1232) => 0 (exit 1236.5) A botched up trade, I shorted at a OK time but my stop was just 1 point below the high (1237.5) before falling to 1220 which gets me rattled again. I realize again I have to have really...

Position update (position on the back of -3/+3 is max) S&P futs: -2 (entry 1217.5) => 0 (exit 1224.5) AUDUSD: -0.5 (entry 1.0610) => 0 (exit 1.0345) I've exited all my positions with S&P futs doing much better than expected and with that price action it nullifies any further significant...

Position update #1 (position on the back of -3/+3 is max) S&P futs: -2 (entry 1231.5) => 0 (exit 1217) AUDUSD: -1 (entry 1.0610) => -0.5 (exit 1.0300) I've reinitiated S&P futs shorts lower than where I initially exited irritating me a little, but my bad entry price turned out ok with...