FX Trade Setups, Entries, Management and Exit

Liquid validity said:
Free replay data for futures and FX - level 1 only - Jan 2013 to date:
http://marketreplaydata.com/

To use the data, you need Ninja trader free version:
http://www.ninjatrader.com/download-free.php
Click to expand...
As there does seem to be interest for this,
here is another replay source as well:
http://marketreplay.net/
Free version pretty similar to the first link I posted.
If you pay, you get stocks and L2:
http://marketreplay.net/buy/
Data is from Ninja servers, but without doing it a day at a time.
 
If this can get above 132.26 t will be at another breakout. If it could stay above it that would be great.
It's got to get there, first, though, and I have to go out for a while. I think I'll put my stop at the previous break. 130.
 
Liquid validity said:
As there does seem to be interest for this,
here is another replay source as well:
http://marketreplay.net/
Free version pretty similar to the first link I posted.
If you pay, you get stocks and L2:
http://marketreplay.net/buy/
Data is from Ninja servers, but without doing it a day at a time.
Click to expand...

Do you know if there's any good free data on EURUSD spot rather than future? I downloaded the free ninja data, but it's a two or three pip spread, i.e. it's more realistic to use the future. I used to record myself when I used MB trading. I did suggest ages ago that sites like Trade2win keep an archive, but wasn't sure on legality of this.
 
Do you trade CL?
It's what i'm currently mainly concentrating on at the moment.
Would love to see some charts/trades from someone who actually knows what they're doing!
 
scholfield said:
Do you trade CL?
It's what i'm currently mainly concentrating on at the moment.
Would love to see some charts/trades from someone who actually knows what they're doing!
Click to expand...

Well you'll have to ask LV, Barjon or someone else if you want someone who knows what they're doing. :)

My charts are very simple Schofield, not an indicator in sight. A few lines that give me context.

Your trades on CL looked nice and with the short term trend. Hope they ended up with nice profits.
 
Shakone said:
Well you'll have to ask LV, Barjon or someone else if you want someone who knows what they're doing.

My charts are very simple Schofield, not an indicator in sight. A few lines that give me context.

Your trades on CL looked nice and with the short term trend. Hope they ended up with nice profits.
Click to expand...

I think you're being modest!

My charts are simpler than they might appear.
I'm often experimenting with various studies/indicators, usually based on volume, as i'm inclined to think that volume is an important piece of the puzzle. So my charts earlier might have had volume and cumulative delta on them, but at this point, they're only on there for study after the market. Not used in my decision making at this point.

For practical purposes, my charts are also more or less plain, with only a line or 2.

Yes, today oil trading has been quite good so far. Not much heat on any of my trades which I love!
Problem will be doing it again tomorrow and the next and the next!

I find days where I do well, almost as frustrating as losing days! They give me false hope that i'm getting somewhere and then I get brought back down to earth the following day!

Anyway, here's todays oil trading:
 

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Splitlink said:
If this can get above 132.26 t will be at another breakout. If it could stay above it that would be great.
It's got to get there, first, though, and I have to go out for a while. I think I'll put my stop at the previous break. 130.
Click to expand...
Just so I understand you splitlink, are you saying you're using a 226 pip stop? If so, what is your average time-in-trade for each trade? Presumably somewhat longer than most and what sort of R;R to you average?
 
I got back to find that it had slipped back from the high and I closed at 212 = 17 points.

I have to decide what to do now.
 
You don't do Footsie but that is what I was doing this morning. I did not do too well and so this trade has just got my account a little higher, but not by much. I think that I will give it a rest for today.
 
Shakone said:
Do you know if there's any good free data on EURUSD spot rather than future? I downloaded the free ninja data, but it's a two or three pip spread, i.e. it's more realistic to use the future. I used to record myself when I used MB trading. I did suggest ages ago that sites like Trade2win keep an archive, but wasn't sure on legality of this.
Click to expand...

You mean replay tick data yes?
None that I'm aware of, I still record the MBT feed.

Ninja is handy for replay, but, providing you have genuine historical tick data,
I know Multicharts and Sierra can replay historical data.
http://www.multicharts.com/se/ = free for 2 instruments, as far as I know replay
works as well, not used it though.
Sierra definitely uses historical for replay.

If you still have MBT access, they have about 2 years worth of free tick data
for account holders.
Yes you're correct on the legality of re-distributing data, as the source has
to pay feed fees themselves.
The free dukas data will have the same spread issue as the NT replay data.
Shakone said:
Well you'll have to ask LV, Barjon or someone else if you want someone who knows what they're doing. :)

My charts are very simple Schofield, not an indicator in sight. A few lines that give me context.

Your trades on CL looked nice and with the short term trend. Hope they ended up with nice profits.
Click to expand...
As far as simple charts go, best way, linear beats non linear every time ;)
I don't trade CL either, what makes you think I know what I'm doing anyway :LOL:
I never feel completely confident of what I'm doing...
 
I think the Aus$ will weaken. I am short at 1431 price 94931. It went into profit almost at once and I hope not to make a loss on this trade. A hard stop is 20 points in case of computer crashes.
 
I have a break out of the range at 94855, which is what I wanted. I am inclined to jump the gun a little, anticipating signals, not always waiting for them. It gets me into trouble often, I'm afraid, but it looks ok with this trade.
 
I had to cut it for -10 because I have a norm to try not to lose more than 50% of my paper profit. Might get back in later
 
I just shorted JPN/EURO at 1555 for 99.49 for the same reason as my previous trade, anticipating a breakdown. This has, also, moved into profit already---two in a row? Not normal with me. 20 point stop and I'll try not to take a loss on this.
 
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