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  1. oraclewizard77

    ES Journal - 2019/2020

    In Forex, the brokers actually do run stops and trade against their clients because there is no real volume. That is why futures is better since there is real volume just like stocks. Also, remember as noted in my journal trade the news, actual news created TA price waves so a new event will...
  2. oraclewizard77

    News Trading using Futures

    Used car prices might be falling soon. So if you need a car, the trade may be to time an entry to buy one soon. Then you will get more value out of it if prices rebound.
  3. oraclewizard77

    News Trading using Futures

    So after watching CNBC last night about how front end contract for oil might be weak due to not being able find more storage for oil, my bias was to short the market. I also found the above news report backing up my bearish view. So on market open at 3 pm PST, I sold one contract and added...
  4. oraclewizard77

    News Trading using Futures

    US crude prices tumble as world’s largest oil ETF cuts stake "US oil prices fell sharply on Monday after the world’s largest oil-backed exchange traded fund began offloading all its short term contracts on fears of another plunge into negative territory."...
  5. oraclewizard77

    News Trading using Futures

    Well, finally was able to grow some balls and do a swing trade without killing trade when I was 2 points into profit. Actually 1st trade was like that, then instead of stopping for the day, I did the swing trade. I did kill the trade a bit before target but that was because I checked and price...
  6. oraclewizard77

    Creating a backup usb install for Windows 10 upgrade

    I found that certain annoying events will run on the computer. You can disable or delete them under Task Scheduler.
  7. oraclewizard77

    News Trading using Futures

    I am talking about the yes votes, you are including the sometimes. I think your % may be too high for those that put in 10,000 hours and keep working at it for many years. If it includes everyone that opens a retail account with no skills or knowledge, you may be right. Also, some traders...
  8. oraclewizard77

    News Trading using Futures

    For EVENTS, you want to do one of the following: 1) Close any trade before they occur. 2) Use a hedge to trade them with limit orders. 3) Trade after you get the results and use PA for entries and exits.
  9. oraclewizard77

    News Trading using Futures

    https://finance.yahoo.com/calendar/economic/ Here's a free economic calendar for you to use. So from this information, if you did not get stopped out or hit target on your trade, you would want to get out before 5:40 AM EST.
  10. oraclewizard77

    News Trading using Futures

    So from my survey, it looks like less than 1/3 of you use news events to trade. Considering 75% of traders don't make money, this is good news.
  11. oraclewizard77

    News Trading using Futures

    2nd target for 26.32 was hit. Overall after taking a loss on getting stopped out on ES, I made $ 940.
  12. oraclewizard77

    News Trading using Futures

    If other states like New York do this, look for CL to go to $ 10 over time.
  13. oraclewizard77

    News Trading using Futures

    1st target of 20 ticks was hit, but this is such bad news I have 2nd contract that is going to a much further down target.
  14. oraclewizard77

    News Trading using Futures

    Short CL around 27.20. California just issued a stay at home order. This is real bad. I got stopped out of ES which moves too much, but staying with CL. https://www.latimes.com/california/story/2020-03-19/gavin-newsom-california-1-billion-federal-aid-coronavirus
  15. oraclewizard77

    SOLUTION TO COVID-19. CDC needs to be proactive on decontamination of personal surfaces

    If you stay home and trade, you will not get the virus. Order food from Grubhub and use their no contact option plus tip the driver for risking his life to get you your food.
  16. oraclewizard77

    SOLUTION TO COVID-19. CDC needs to be proactive on decontamination of personal surfaces

    There are around 300 million people in the United States. If 100 million (1/3 of population) get the virus at a 3% morality rate, that is 3 million deaths.
  17. oraclewizard77

    News Trading using Futures

    My thoughts on the trades. Intraday: I think I could have waited with a limit order to go long closer to the lower support level. I targeted the 1st contract to get me out at BE and left 2nd contract at original target. As you can see with this trade I could and should have at least targeted...
  18. oraclewizard77

    News Trading using Futures

    Here's today's chart, not looking to trade again till Sunday night.
  19. oraclewizard77

    6 months TopStep 50K Net Profits

    I finally passed step one for 50 k. They said I can reset step 2 if needed. The difference between a funded account and pro account is if you mess up the funded account, you need to do both tests again, and with the pro account if you mess up, you just need to do step 2again. I probably will...
  20. oraclewizard77

    News Trading using Futures

    In Ninja Trader and other charts you can create price alerts. For CL Daily Top 32.40 Daily Bottom 30.05 For ES Daily Top 2646 Daily Bottom 2495
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