Tag futures

Tag futures

Trading GANN times on the NASDAQ

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Today im trading the E-mini Nasdaq

I have a daily routine in trading. 30 minutes before getting visual contact with my charts. I take my time to meditate with music, in my desktop chair and visualize my entry patterns. Remember that my trading is based on predictive signals, so y anticipates in my mind the Patterns 1 and 2 and the inverted patterns 3 and 4 specifically.

For the E-mini Nasdaq futures market, the price per tick specified by the CME Group is $20 per tick. Always you read my articles, you can find my routine before opening bell as follows:

1. Read my economic calendar.
2. Check the range before the opening bell. Accumulation zone
3. And identify possible range zones y the future. Closer signals in the Warp panel
4. Ready with my ATM of 3 or 4 contracts
5. 3 trades per day

This is my 3minute chart and determine the trend tendency from the Asian session as Bearish. After a big move trend there is always a “pause”; So for today for me I’m waiting before the opening bell, that the Price closes the gap to the 120 EMA, and validate a possible bearish entry.

Trading leading GANN times on the Emini Nasdaq

When the markets open, I wait for a candle that closes under the 120 EMA. My Stop Loss is 1 tick above that candle. At 8:36 that candle appears and I activate the trade. The size of the candle determines $300 of stop loss, that is ok for me and my actual capital...

Leading Predictive Times help guide my trades

Even if I have the 8:37 timestamp signal so closer. In my mind I ignore it. Why?

Because in my 3 minute chart I have enough time space between 8:39 through 8:51. That’s a personal way to reduce the noise, when I found to much closer signals in 1 minute. I can wait for leading predictive times which have more time between them, for longer trades to develop with potentially more profit. 

Watch how the times setup perfectly for my trade

The next step is the manage the trade so in the last 1 min chart shown above I have a window between 8:42 and 8:51 so I hold the trade until that time. I alternate visually between the 2 charts. I also trail my stop in the big picture chart using one candle closed behind the active candle price.

Managing the trade

The next move was so hard that closes my trade in profit.  I ended my day with 3x my personal daily profit. That is $1.640

Taking profit

 

Good trading, everyone!

Juan Fernando Vega

Mechanical Engineer

Bogota-Colombia

Spanish - Support

Perfection is the enemy of execution

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By Juan Vega, contributing author and trader / Bogota, Columbia

When you are using warp software, there are sometimes when you cannot find the predictive times signals “aligned”.

As a trader, at the beginning I always want the perfect dot in the swing highs and swing lows, telling me, the market is ready, perfect, just execute! But after several failures I asked for help and paid for learning “inversed patterns”. I also have paid for the trading room 2 or 3 years ago, to learn more and ask more, maybe my first 2 or 3 months.
I trade with 2 charts always: My fast time frame chart in 1 minute and my anchor chart in 3 minutes. Sometimes I check the warp panel to identify messy time signals. So, when I see too much signals closer each other, defining me the “range” type market, I use my 3 minute chart more often. My trading session hours are from 7:30 until 11:00am max. I trade the New York Session that its perfect for me.

Today I trade Gold futures market, who pays $10 per tick. And my plan is simple:

1. Read my economic calendar
2. Check the range before the opening bell. Accumulation zone
3. And identify possible range zones y the future. Closer signals in the Warp panel
4. Ready with my ATM of 3 or 4 contracts
5. 3 trades per day

 

Watching predictive indicator for trade entries

At the left I identify the range before, 8:20, so at 8:31 I did not see any violence in the price or a clue to validate my entry. So I said, " if the candle closes over the 120 EMA (the blue one) I open a trade."

And it did it.

Watching what happens at the predictive times

If you check at that time, I have a yellow dot (08:41) Signal. When you have this situation, I just take the dot as an objective profit level; If the price crosses the profit level, I HOLD it until the next price signal (8:48). My ATM for 4 contracts in Gold is, First 2 contracts takes profit @ 20 ticks, Third contract @ 40 ticks and the third one “the runner” @ 80 ticks.

For my Risk management, I just said: “Or pay me the first 2 contracts or activate my Stop Loss”. For this trade My first 2 contracts reaches the first 20 ticks ($400), at that moment my ATM moves my Stop Loss to BE(Break even), and the other two contracts were closed when my time at 8:48 was ended for ($540). At the level defined by the dot signal @ 08:58 I identify a pattern 4, and I was expecting a moderate size candle closing over the yellow line, but it never comes!!.

Executing responsibly at the predictive indicator times

The New Home sales report was lunched, and the price pumped up. I just said “Bye Bye” the candle was too big for me, and never comes back, 50% of the candle to take a risky trade, by price action with lower size position. I ended my day with almost 1k and trade no more. I was satisfied, because I know what to wait, and what the price are doing combined with the predictive signals. My training hours at the beginning of my predictive technique journey paid off the investment sessions.

Juan Fernando Vega
Mechanical Engineer
Bogota-Colombia
Spanish - Support

 

 

How I trade predictive time signals

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Contributed by Juan Vega / Futures Trader / Colombia

It’s fascinating been exposed to the 30 largest companies of the US in the future market. The E-mini-Dow represents a portion of the standard Dow Jones industrial average futures. Three months from now I been trading the E-mini dow jones contract using predictive signals in 1 and 3 minutes timeframe.

I also have included in my 1-minute chart the 120 EMA of my 3 minute chart, just to have a visual zone, where the price can react.

The minimum price fluctuation specified by the CME group is $5 dollars. There are other markets more attractive that pays “more” per tick. But what fascinating me is the “behavior” of the market during the predictive times signals that the software gave me in advance. In my chart the yellow dots are selling pressure signals and the white dots are buying pressure signals, you can change the color if you want, it's just my preference.

In markets like NQ or ES I wait the second or third signal after the opening bell, But with the YM, I have tested and open trades during the opening bell. I have included in my trading plan that option only for the YM, I also open trades if I have a signal before like 8:21 or 8:25 and hold until the open.

I also check my economic calendar for the day, just to see the context of the day, but, honestly, I just execute the time cycles trading signals, that my system says to me.

As a result, I open 2 trades in the YM with 4 contracts each trade. I also knew that the housing starts and permits news was at 8:30.

 

 

Patiently I wait the reaction under the 3 min 120 EMA and make the entries when the candle close under the 1 min 120 EMA.

First trade 45 points x $5 x 4 contracts, the second one 100 point x $5 x 4 contracts. I was near the 3k today.

My stop loss changes from 32 pts (32 x $5 x 4=$640) based on the ATR (Average True Range) in that moment for 4 contracts to 64 points for the second trade. This ATR for me is too big, so I wait the candle close confirmation under the 120 EMA.

The predictive signals “aligned” with the swing highs and lows of the movements the institutions have done in the past. I know that, since yesterday.

Now the most beautiful for me, is, I make my day.

What can I do with the rest of my free time?

That’s Professional Trading. Time to think, for family, for me, and create new investments.

Juan Fernando Vega
Bogota-Colombia
Spanish - Support