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FiftyEight Fluffs Around In Futures

Discussion in 'Derivatives' started by fiftyeight, Jan 26, 2015.

  1. fiftyeight

    fiftyeight

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    Good work, free night at the pub.

    I wont be on much longer either but 2 positives from this arvo, I did not lose any $$$ (defiantly missed some though) and I spotted something to put on the investigate list
     
  2. fiftyeight

    fiftyeight

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    Something I have been thinking about lately is how to better/earlier identify a breakout, failed breakout and a stop run :confused:
     
  3. History Repeats

    History Repeats

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  4. fiftyeight

    fiftyeight

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  5. fiftyeight

    fiftyeight

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    So many more orders sitting in the DOM on the FDXM compared to the FDAX but volume is much greater on the DAX.

    Are the orders sitting on the books on the FDXM to kind of lock the price to the FDAX and stop someone from sweeping the book of the FDXM?
     
  6. CanOz

    CanOz Home runs feel good, but base hits pay bills!

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    Market maker....
     
  7. fiftyeight

    fiftyeight

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    Market Maker setting orders to stop a sweep and to essentially lock the price to the DAX?

    Please tell me I got something correct on my first guess for a change :D?
     
  8. fiftyeight

    fiftyeight

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    Back on site, so what better way to spend a Sat night. Purchase Jigsaw and try and figure out how to fit everything onto a 22inch screen.

    This may take a few attempts

    Screen Shot 2015-12-12 at 7.55.17 pm.jpg
     
  9. CanOz

    CanOz Home runs feel good, but base hits pay bills!

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    Yeah, that's my main beef with jigsaw, takes too much valuable screenestate. I'd rather have more doms than charts...if I had to choose, just sayin....not popular with the "price action" crowd...
     
  10. fiftyeight

    fiftyeight

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    Does anyone have some resources on order flow on thin markets?

    There is plenty of "stuff" out there on order flow but not much on thin markets like the DAX and HSI
     
  11. CanOz

    CanOz Home runs feel good, but base hits pay bills!

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    The best way to learn is to do Petes excercises. Use only the Dom for a few weeks. You don't see as much stuff going on as there used to be, but still see some stuffing of the book, spoofing, icebergs etc....the main thing is to get familiar with execution. Try setting up some pre programmed stops etc...can be handy. Enjoy!
     
  12. fiftyeight

    fiftyeight

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    Still working through his stuff. I am just finding some of it not applicable to thin markets, or maybe bad tradesman blames his tools..... that reminds me I need new golf clubs.

    Lesson one for example, focusing on orders executed, the DAX moves so fast it often re-prints over old levels before I have time to read it let alone figure out what is going on.

    I will complete the stuff on jiggy and hope something clicks soon.

    Note, this is not a reflection on Jiggy, I am really enjoying it. It just would be nice to see more thin market specific educational material
     
  13. fiftyeight

    fiftyeight

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    PS

    Short 10558 at $5 a point :D

    Just seems like an ideal place to be short :1zhelp:
     
  14. fiftyeight

    fiftyeight

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    This is where I struggle (time of writing I am short at 10558 and market is 10522

    Apparently newbs let loseres run and cut profits. I am the opposite, ill cut the sh!t out of something that moves against me but I LOVE to hold winners.......allllllll the way back to BE

    My stop is now at BE, lets see what happens tonight ........
     
  15. CanOz

    CanOz Home runs feel good, but base hits pay bills!

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    Lol...that was me, I was the same!
     
  16. fiftyeight

    fiftyeight

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    58

    Told you 58 rules allll
     
  17. fiftyeight

    fiftyeight

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    I don't love being taken out at BE but I had a plan. I wanted to get short at what I perceived a high and then let it play out. If something unexpected happened I was printing $$$. It was a very small portion of my funds.

    Plus if I picked a top I would look a ASF master!!! :p:
     
  18. fiftyeight

    fiftyeight

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    I am getting better with this. Instead of changing how I work I am trying to scale in and scale out.
     
  19. CanOz

    CanOz Home runs feel good, but base hits pay bills!

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    Yeah exactly, trading with 1 contract is the big issue. I like to go all in scale out on my bread and butter plays, then working on scaling in scaling out on rotational fade days....
     
  20. ThingyMajiggy

    ThingyMajiggy

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    Just curious Can, how many bread and butter setups do you have? And what makes them "Bread & butter"? Do they occur every day or just ones that you know the best or have the most success with?
     

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