- Search Energy EXCH
- magnumfreak replied Jul 9, 2020
Two trades so far. +73 ticks. I think I see something on the 5 min chart that needs more testing but shows big promise. Chart below is 20 second chart. first trade was a simple breakout trade. I knew how likely NQ was to give a head fake at the open ...
- magnumfreak replied Jul 7, 2020
Things to fix for Wednesday's trading. Each trade will only have three possible outcomes: 1. Full stop to the swing high/low +3 ticks. Early morning entries will be based on either the 1 min chart or the 5 minute. Once the markets start to move, I ...
- magnumfreak replied Jul 7, 2020
Great entry this morning just after market open. Chickened out and only caught +7 ticks. Got scared when price started jumping around like it normally does just after market open. LOL! I think I just realized why I am jumping out too early. I am too ...
- magnumfreak replied Jul 7, 2020
I need to magnumfreakin' learn to trust my system. Absolute perfect entry for me couldn't ask for more. Got scared out when it jumped around a little too much. Such a lame excuse. I must wait for a candle to close before making a decision. +7 out of ...
- magnumfreak replied Jul 6, 2020
So sick of missing these simple entries. Self doubt will kill everything regardless of what you are doing.
- magnumfreak replied Jul 6, 2020
This has to be the tightest opening range I have seen in a long time for NQ. Must be waiting on news in 10 min.
- magnumfreak replied Jul 2, 2020
Good info. He has a great voice for making videos. Thanks.
- magnumfreak replied Jul 2, 2020
Only took one trade this morning to test out MultiCharts. I switched from MT5 because I wanted more flexibility in the time frames I wanted available and AMP futures offers MultiCharts for free. MT5 the lowest you can go is 1 minute. I am also ...
- magnumfreak replied Jul 2, 2020
Don't forget today is NFP not Friday and the markets will close early Friday for Independence Day. Noon central time US is the close on Friday.
- magnumfreak replied Jun 18, 2020
Good stuff. Allergies have me down and out right now. Grass pollen is the worst for me and it is showing as very high in the area. Haven't done anything trading related the last few days. Getting some rain right now so hopefully it will wash it all ...
- magnumfreak replied Jun 15, 2020
I didn't take any trades today. I spent some of the day trying to figure out why I always seem to lock up on my trading whenever I have a journal running. Just like most people I hate to be wrong. Even though I know that it comes as a part of the ...
- magnumfreak replied Jun 15, 2020
Stops will naturally vary with the market. Typically just beyond the swing high of the entry point. What I am dealing with on the 5 min is days like today that don't have any entries but the markets move nicely. I may have to drop back to the 1 min ...
- magnumfreak replied Jun 15, 2020
spreads are all over the place on NQ and MNQ. Anywhere from 1-8 ticks during the US session so far. Could be causing your slippage. Market depth seems shallower than normal. Only a few contracts at each price level.
- magnumfreak replied Jun 12, 2020
Market volatility is crazy again today. NQ got pushed up about 250 points then they sprung the trap and drove it down 280 points. ES 5 minute candles were too big for most trades today. I only took one trade so far and it was with 1 micro. Didn't ...
- magnumfreak replied Jun 11, 2020
LOL! Worst week and you are making money. How many traders dream of your worst week?
- magnumfreak replied Jun 11, 2020
Annnnnd right as I get ready to start doing this AMP Futures doubles their intra-day margin. One day of a bigger than normal move and they start raising margins. Bit of a chicken move on their part in my opinion. Oh well, guess I will trade some ...
- Here I Go Again, Starting Another Futures Journal
Since 2020 has been the weirdest year of my 54 years on this planet let's start this off with some ...
- magnumfreak replied Jun 11, 2020
Great day for trading.... no wonder I had something else to do today. LOL! Price on NQ all the way back down to where it broke through the pre-virus high. Could be a retest or a crash through and drop. I am not smart enough to know. I just trade ...
- magnumfreak replied Jun 10, 2020
Contract rollover is this week as well. I usually watch the volume to decide when to move to the new contracts.