Interesting... maybe someone familiar with the practice of trading price action would willing to start a new thread and enlighten us....? Thanks for sharing.
FUTURES TRADES --------------------------------------------------------------------------- Trade Time Exchange Description Qty Trade Price Set Price Gain/Loss * ----------------- --------- ----------- ----- ----------- ----------- ----------- - 02-06-24 10:47:59 GLOBEX ES SEP02 -1 983.7500 997.0000 -662.50 02-06-24 10:49:47 GLOBEX ES SEP02 1 983.2500 997.0000 687.50 02-06-24 11:19:45 GLOBEX ES SEP02 -1 982.5000 997.0000 -725.00 02-06-24 11:20:57 GLOBEX ES SEP02 1 983.7500 997.0000 662.50 02-06-24 12:07:21 GLOBEX ES SEP02 1 975.2500 997.0000 1087.50 02-06-24 12:10:43 GLOBEX ES SEP02 -1 974.2500 997.0000 -1137.50 02-06-24 12:16:55 GLOBEX ES SEP02 1 977.0000 997.0000 1000.00 02-06-24 12:26:27 GLOBEX ES SEP02 -1 976.2500 997.0000 -1037.50 02-06-24 12:46:02 GLOBEX ES SEP02 -1 973.0000 997.0000 -1200.00 02-06-24 12:56:26 GLOBEX ES SEP02 1 974.5000 997.0000 1125.00 02-06-24 13:46:20 GLOBEX ES SEP02 -1 987.5000 997.0000 -475.00 02-06-24 13:50:45 GLOBEX ES SEP02 1 988.5000 997.0000 425.00 02-06-24 14:57:46 GLOBEX ES SEP02 1 999.7500 997.0000 -137.50 02-06-24 15:09:18 GLOBEX ES SEP02 -1 998.5000 997.0000 75.00 02-06-24 15:09:46 GLOBEX ES SEP02 -1 997.7500 997.0000 37.50 02-06-24 15:29:34 GLOBEX ES SEP02 1 995.2500 997.0000 87.50 02-06-24 15:36:47 GLOBEX ES SEP02 -1 993.5000 997.0000 -175.00 02-06-24 15:51:48 GLOBEX ES SEP02 1 991.0000 997.0000 300.00 ===== =========== 0 -62.50 =========== USD Total: -62.50
FUTURES TRADES --------------------------------------------------------------------------- Trade Time Exchange Description Qty Trade Price Set Price Gain/Loss * ----------------- --------- ----------- ----- ----------- ----------- ----------- - 02-06-25 09:51:04 GLOBEX ES SEP02 -1 1000.0000 974.5000 1275.00 02-06-25 10:00:08 GLOBEX ES SEP02 1 1002.2500 974.5000 -1387.50 02-06-25 10:11:20 GLOBEX ES SEP02 -1 998.2500 974.5000 1187.50 02-06-25 10:24:45 GLOBEX ES SEP02 1 1001.5000 974.5000 -1350.00 02-06-25 10:40:12 GLOBEX ES SEP02 -1 1006.0000 974.5000 1575.00 02-06-25 10:48:15 GLOBEX ES SEP02 1 1004.2500 974.5000 -1487.50 02-06-25 10:50:13 GLOBEX ES SEP02 1 1004.0000 974.5000 -1475.00 02-06-25 10:51:09 GLOBEX ES SEP02 -1 1003.5000 974.5000 1450.00 02-06-25 11:06:17 GLOBEX ES SEP02 -1 1005.7500 974.5000 1562.50 02-06-25 11:08:44 GLOBEX ES SEP02 1 1005.0000 974.5000 -1525.00 02-06-25 11:12:40 GLOBEX ES SEP02 -1 1005.0000 974.5000 1525.00 02-06-25 11:18:55 GLOBEX ES SEP02 1 1003.0000 974.5000 -1425.00 02-06-25 11:21:57 GLOBEX ES SEP02 -1 1002.2500 974.5000 1387.50 02-06-25 11:38:02 GLOBEX ES SEP02 1 1000.0000 974.5000 -1275.00 02-06-25 11:45:55 GLOBEX ES SEP02 1 1002.0000 974.5000 -1375.00 02-06-25 11:48:57 GLOBEX ES SEP02 -1 1001.5000 974.5000 1350.00 02-06-25 12:24:26 GLOBEX ES SEP02 -1 1002.0000 974.5000 1375.00 02-06-25 13:10:30 GLOBEX ES SEP02 1 997.0000 974.5000 -1125.00 ===== =========== 0 262.50 =========== USD Total: 262.50 CASH TRANSACTIONS
FUTURES TRADES --------------------------------------------------------------------------- Trade Time Exchange Description Qty Trade Price Set Price Gain/Loss * ----------------- --------- ----------- ----- ----------- ----------- ----------- - 02-06-26 09:35:33 GLOBEX ES SEP02 1 954.2500 974.7500 1025.00 02-06-26 09:36:03 GLOBEX ES SEP02 -1 953.0000 974.7500 -1087.50 02-06-26 09:37:51 GLOBEX ES SEP02 1 954.0000 974.7500 1037.50 02-06-26 09:40:07 GLOBEX ES SEP02 -1 957.5000 974.7500 -862.50 02-06-26 09:49:44 GLOBEX ES SEP02 -1 954.5000 974.7500 -1012.50 02-06-26 09:51:18 GLOBEX ES SEP02 1 955.2500 974.7500 975.00 02-06-26 09:55:56 GLOBEX ES SEP02 -2 958.0000 974.7500 -1675.00 02-06-26 09:56:30 GLOBEX ES SEP02 1 959.0000 974.7500 787.50 02-06-26 09:56:30 GLOBEX ES SEP02 1 959.0000 974.7500 787.50 02-06-26 09:57:30 GLOBEX ES SEP02 -1 958.2500 974.7500 -825.00 02-06-26 09:57:30 GLOBEX ES SEP02 -1 958.0000 974.7500 -837.50 02-06-26 09:57:42 GLOBEX ES SEP02 2 959.7500 974.7500 1500.00 02-06-26 09:58:04 GLOBEX ES SEP02 2 961.2500 974.7500 1350.00 02-06-26 09:58:33 GLOBEX ES SEP02 -2 961.0000 974.7500 -1375.00 02-06-26 09:58:46 GLOBEX ES SEP02 2 961.2500 974.7500 1350.00 02-06-26 10:01:28 GLOBEX ES SEP02 -2 964.5000 974.7500 -1025.00 02-06-26 10:04:00 GLOBEX ES SEP02 -2 959.7500 974.7500 -1500.00 02-06-26 10:04:24 GLOBEX ES SEP02 2 959.2500 974.7500 1550.00 02-06-26 10:07:00 GLOBEX ES SEP02 2 959.2500 974.7500 1550.00 02-06-26 10:08:51 GLOBEX ES SEP02 -2 959.5000 974.7500 -1525.00 02-06-26 11:23:18 GLOBEX ES SEP02 -2 960.5000 974.7500 -1425.00 02-06-26 11:24:23 GLOBEX ES SEP02 2 962.2500 974.7500 1250.00 02-06-26 11:40:02 GLOBEX ES SEP02 -2 963.5000 974.7500 -1125.00 02-06-26 11:40:53 GLOBEX ES SEP02 2 964.2500 974.7500 1050.00 02-06-26 12:16:06 GLOBEX ES SEP02 -2 966.7500 974.7500 -800.00 02-06-26 12:31:27 GLOBEX ES SEP02 2 965.7500 974.7500 900.00 02-06-26 13:00:44 GLOBEX ES SEP02 -2 965.0000 974.7500 -975.00 02-06-26 13:07:44 GLOBEX ES SEP02 2 963.0000 974.7500 1175.00 02-06-26 13:10:55 GLOBEX ES SEP02 -2 963.2500 974.7500 -1150.00 02-06-26 13:16:31 GLOBEX ES SEP02 2 962.5000 974.7500 1225.00 02-06-26 13:50:43 GLOBEX ES SEP02 -2 963.0000 974.7500 -1175.00 02-06-26 13:51:02 GLOBEX ES SEP02 2 963.2500 974.7500 1150.00 ===== =========== 0 287.50 =========== USD Total: 287.50
Moved up to two contracts today. As you can see from the trade confirmations, absolutely no problem getting filled. I wonder how many more I can trade without time-slipage? Does anyone out there find the charts that I posted usefully? I'll do my best to get them posted if make a difference somehow. Let me know if I should continue.
jboydston, I find charts useful when they have annotations showing Price Entry and Exit along with indicators (if you use them) that you were applying with each trade decision. Charts speak a thousand words. Thus...I find your Trade Journal very useful only for the charts. I simply cannot find anything useful out of the copy & paste of your actual broker's trade log. Post more charts and you'll probably grab a larger audience from ET and get more constructive criticism comments. It's also nice to look at charts and compare them to my own trade signals to see what other trade signals other traders see. However...the ultimate charts (more work...reason why most probably don't do it)... are charts of what the trade signal looked like (on your computer screen) at the time of the trade that you reacted upon and initiated a Price Entry and then another chart of what you saw for Price Exit...instead of one complete chart that produces a different image because it contains all the intraday down/up peaks. Another way to explain it...Price Entry charts contains no data after price entry...just prior data...same for Price Exit charts...requires a lot of scrolling to setup for image capture...reason why most don't do it...however it provides a more accurate image of what you were seeing. Remember this...the goal is for your TRADE JOURNAL to be useful to you. Now...here's my opinion about increasing contract size per trade... 1) Only do it after you have had consistent profits (months). 2) Obviously because more contracts provides more flexibility (scaling out of profitable trades at different profit targets)...it also increases the risk. 3) Figure out which trade setups (your most profitable trade setups) would benefit from the increased contract size...and your less profitable trade setups...continue trading with the lesser contract size (your previous trading size). Simply...don't make the mistake (many beginner Emini traders do) of applying the same contract size to ALL trade setups when trading multiple contracts. It's all about controlling your risk exposure. 4) Last of all...if you find yourself hesitating more (not taking trade signals) with the increased contract size...reduce your contracts back to the previous level until the anxiety/stress goes away. Good morning and I wish you good trading today. NihabaAshi
NihabaAshi, Thank you for your help and words of encouragement. I am eager to begin posting more useful charts, see thread: http://www.elitetrader.com/vb/showthread.php?threadid=6589
FUTURES TRADES --------------------------------------------------------------------------- Trade Time Exchange Description Qty Trade Price Set Price Gain/Loss * ----------------- --------- ----------- ----- ----------- ----------- ----------- - 02-06-27 10:31:17 GLOBEX ES SEP02 -2 976.0000 992.0000 -1600.00 02-06-27 10:33:57 GLOBEX ES SEP02 2 977.5000 992.0000 1450.00 02-06-27 10:35:27 GLOBEX ES SEP02 -2 977.5000 992.0000 -1450.00 02-06-27 10:40:01 GLOBEX ES SEP02 2 978.2500 992.0000 1375.00 02-06-27 12:17:52 GLOBEX ES SEP02 -2 971.7500 992.0000 -2025.00 02-06-27 13:00:32 GLOBEX ES SEP02 2 974.2500 992.0000 1775.00 02-06-27 15:01:50 GLOBEX ES SEP02 -2 985.2500 992.0000 -675.00 02-06-27 15:26:53 GLOBEX ES SEP02 2 980.0000 992.0000 1200.00 ===== =========== 0 50.00
FUTURES TRADES --------------------------------------------------------------------------- Trade Time Exchange Description Qty Trade Price Set Price Gain/Loss * ----------------- --------- ----------- ----- ----------- ----------- ----------- - 02-06-28 09:54:32 GLOBEX ES SEP02 -2 995.2500 990.0000 525.00 02-06-28 09:55:02 GLOBEX ES SEP02 1 994.0000 990.0000 -200.00 02-06-28 09:55:02 GLOBEX ES SEP02 1 994.0000 990.0000 -200.00 02-06-28 10:45:01 GLOBEX ES SEP02 -2 999.7500 990.0000 975.00 02-06-28 10:48:58 GLOBEX ES SEP02 2 997.2500 990.0000 -725.00 02-06-28 13:02:06 GLOBEX ES SEP02 -2 999.7500 990.0000 975.00 02-06-28 13:02:49 GLOBEX ES SEP02 2 1000.5000 990.0000 -1050.00 02-06-28 13:18:10 GLOBEX ES SEP02 -2 999.7500 990.0000 975.00 02-06-28 13:44:28 GLOBEX ES SEP02 2 999.7500 990.0000 -975.00 02-06-28 14:44:36 GLOBEX ES SEP02 -3 996.7500 990.0000 1012.50 02-06-28 14:46:32 GLOBEX ES SEP02 3 995.2500 990.0000 -787.50 02-06-28 15:28:37 GLOBEX ES SEP02 -1 993.7500 990.0000 187.50 02-06-28 15:28:37 GLOBEX ES SEP02 -2 993.7500 990.0000 375.00 02-06-28 15:34:13 GLOBEX ES SEP02 3 991.5000 990.0000 -225.00 ===== =========== 0 862.50 =========== USD Total: 862.50
Are you trading minis from a Globex terminal on another trading platform? If Globex...Are you on floor of CME or in an office? Have you ever traded NASDAQ minis? Claire