Shorting wheat $ZW_F at open.

Wow, the market is very volatile. I'm back trading MYM. Shorting at open.

In these volatile conditions, need wider stops. Got stopped out.

Back trading Micro Dwo Minis. Had an entry at a breakout on bullish imbalance; hit a second order by mistake and had two running orders which turned in my favour. Now closed both positions. Will revert with an update during PM session. 

This is for today -- trading long on bullish imbalance.

Here we go with today's trading session.

This is how you make it trail. Since days of declines in wheat market, the price met some support at $5.60/bu and bounced on intraday basis. 

Here already secured profits and will let it trail and either hit SL in profit or TP in bigger profit.

Here we go at the close of the grains session.

Here in profit now trading lower on imbalance. 

Grains and Oilseeds are my favourite CBOT futures to trade. The market is slow paced, rather trendy and predictable intraday.

This is how over-trading looks like. $MES proved to be not my king of trading instrument. Returning to grain futures as a slow paced and comforting. 

After playing for several months with Dow micro minis, I'm taking a closer look at Micro ES futures - $MES. Fast scalp before PMI data released.

It's the first day of the month and I purchased apart from CBOT also CME Market Data. This way I will be able have a look at MES futures.

Had a couple of short trades just before cash open and at very open.

Here I go with a right entry but too tight stop on Micro Dow Minis. Entered after the first trading hour on breakout price going lower dragged by bearish imbalance below. However put stop wrongly below point of control for the time of trading and got stopped out. Right after that we had price action ranging at that level for a coupe of hours forming a new point of control there and afterwards price got breaking lower and lower.

Lessons to learn and my further entry and exit set ups to be:

Entry:

• After first trading hour on breakout below or above the low or high of the day;
• Price action below/above balance territory;
• Price below/above point of control (POC);
• Price below/above 14-EMA;

Exit: 

• Stop Loss at 40 points but above/below POC.

Take profit:

• At 80 points. 
• If price trending lower,  then trailing stop further. 
• If price action showing signs of exhaustion, then taking profits and closing for the day.

Shorting wheat $ZW_F at open.

Wow, the market is very volatile. I'm back trading MYM. Shorting at open.

In these volatile conditions, need wider stops. Got stopped out.

Back trading Micro Dwo Minis. Had an entry at a breakout on bullish imbalance; hit a second order by mistake and had two running orders which turned in my favour. Now closed both positions. Will revert with an update during PM session. 

This is for today -- trading long on bullish imbalance.

Here we go with today's trading session.

This is how you make it trail. Since days of declines in wheat market, the price met some support at $5.60/bu and bounced on intraday basis. 

Here already secured profits and will let it trail and either hit SL in profit or TP in bigger profit.

Here we go at the close of the grains session.

Here in profit now trading lower on imbalance. 

Grains and Oilseeds are my favourite CBOT futures to trade. The market is slow paced, rather trendy and predictable intraday.

This is how over-trading looks like. $MES proved to be not my king of trading instrument. Returning to grain futures as a slow paced and comforting. 

After playing for several months with Dow micro minis, I'm taking a closer look at Micro ES futures - $MES. Fast scalp before PMI data released.

It's the first day of the month and I purchased apart from CBOT also CME Market Data. This way I will be able have a look at MES futures.

Had a couple of short trades just before cash open and at very open.

Here I go with a right entry but too tight stop on Micro Dow Minis. Entered after the first trading hour on breakout price going lower dragged by bearish imbalance below. However put stop wrongly below point of control for the time of trading and got stopped out. Right after that we had price action ranging at that level for a coupe of hours forming a new point of control there and afterwards price got breaking lower and lower.

Lessons to learn and my further entry and exit set ups to be:

Entry:

• After first trading hour on breakout below or above the low or high of the day;
• Price action below/above balance territory;
• Price below/above point of control (POC);
• Price below/above 14-EMA;

Exit: 

• Stop Loss at 40 points but above/below POC.

Take profit:

• At 80 points. 
• If price trending lower,  then trailing stop further. 
• If price action showing signs of exhaustion, then taking profits and closing for the day.