Maverick74 and marketsurfer's TopstepTrader Combine (daily trade reports and journal)

Quote from Maverick74:

If I'm expecting crude oil to be weak for example, like I was yesterday and it was rocking to the upside, I don't just buy it. I wanted to see weakness and it wasn't there. No trade. Today crude rolled over and continued with the longer term general weakness.


If you would have been around today would you have had a trade set up in crude oil?
 
Quote from wavefinder:

If you would have been around today would you have had a trade set up in crude oil?

No, that jobs number really screwed things up as we had massive volume bars and price spikes across the board in everything that screwed up my volatility levels. The only thing that lined up was Gold. There were two solid trades there but I'm not trading Gold in this combine as the 1k stop limit is too tight for Gold. There was a sell in the ES and a few buys in the Bonds but I was looking to do the opposite there.
 
Quote from Maverick74:

I use the macro ACD stuff to generate to generate what the 3 to 5 day momentum is in each given product and then look for spots intra-day where I want participate in that trend. All the intra-day stuff is based on ACD as well. Basically I'm looking for the price action to line up with what I expect to happen. When it doesn't, there are no trades. As you know, ACD is volatility based. The number lines are price action based. So you are looking at the intra-day and the longer term price action of each of these products and the ACD levels give you range expectation as well as levels to lean on for your entries. Stops are time based. All the entries and exits are set in advance. But again, the important idea here is making sure the price action lines up with your analysis. If I'm expecting crude oil to be weak for example, like I was yesterday and it was rocking to the upside, I don't just buy it. I wanted to see weakness and it wasn't there. No trade. Today crude rolled over and continued with the longer term general weakness.

Right now I'm looking for spots to buy ES, Euro, Gold and sell Aussie, Bonds and Oil.


Hi,

Can you define or describe momentum ?

I learned a bit from fisher....

Thanks
 
Quote from college ruled:

Today was straight down off open bet you're sorry you missed it?

Sell the open lay back is as hard as it got today.

No, I'm not sorry I missed a short in crude on a simulator. And I wouldn't be sorry in a real account. I don't get emotional with trading so there is no sorry or regret or excitement. This is a business and I treat it that way.
 
Quote from Maverick74:

No, I'm not sorry I missed a short in crude on a simulator. And I wouldn't be sorry in a real account. I don't get emotional with trading so there is no sorry or regret or excitement. This is a business and I treat it that way.

I have no idea what OIL did today, didn't know that's what you traded exclusively. Just speaking in generality gift the market gives but missed I feel guilty. I could wake up at 5am and if i missed the move from 3am I feel bad about that. Gifts are probably what makes the week or even month. Straight line moves are rare. I need to start thinking in terms of 24hrs. :confused:
 
Quote from Maverick74:

No, that jobs number really screwed things up as we had massive volume bars and price spikes across the board in everything that screwed up my volatility levels.

grease did exactly what it was supposed to do.

the news is just smoke.

same old.

s
 

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