Day Trading Grains Futures
- This topic has 63 replies, 6 voices, and was last updated 10 years, 1 month ago by geosing.
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- December 12, 2011 at 8:55 pm #206050geosingParticipant
I am documenting only the Bennett style trades. I also use Market Profile and OR b/o. I use 15 minutes as OR for corn.
December 12, 2011 at 9:06 pm #206051geosingParticipantAnd working on cheat sheets and weekly overviews using STOPD principles, using LC’s formats.
December 13, 2011 at 10:32 am #206052geosingParticipant12/13/2011 Tue
Gap up open and sell down in the first bar.December 13, 2011 at 10:34 am #206053geosingParticipantBear turned bull, as we have a new day high on bar 3
December 13, 2011 at 10:39 am #206054geosingParticipantBar 4 LH LL. LH #1
December 13, 2011 at 10:43 am #206055geosingParticipantOne of those days. Low taken out. Bar to Bear.
December 13, 2011 at 10:59 am #206056geosingParticipantCurrently short (scalped some) on OR break out. But no BBO (Bennett Break Out) trade yet. We have two higher lows, but they are equal lows. Ok. Bar 13is the qualifying bar. 595 is the swing low.
December 13, 2011 at 11:10 am #206057geosingParticipantBBO triggered. 597.50 is top of R.
December 13, 2011 at 12:02 pm #206058geosingParticipantClosed the trade on Bar 44. Scratch.
December 13, 2011 at 12:25 pm #206059geosingParticipantJust as well. 1/2 R stop would have been hit. 1R stop has not been hit yet. I suspect that would also hit if there is a third push up here. Beans and wheat are strong today.
December 13, 2011 at 1:44 pm #206060geosingParticipant1R stop would have given us the 1R:PT at Bar 94! I am currently short from 595 and scaled out at the AM low of 593. Market stalled around VWAP. Probably due to dollar strength, as wheat and Beans are fading too, though still green.
December 13, 2011 at 2:02 pm #206043geosingParticipantAll out at AH low+1 tick.
December 13, 2011 at 4:21 pm #206044geosingParticipantI think it is best not to mix my other trades here. BBO is quite close to a simple, mechanical method. Worth testing it going forward.
December 29, 2011 at 6:15 pm #206045geosingParticipantI don’t anticipate making any further posts here. I wish you all a healthy year ahead, full of profitable trades. Be well.
April 6, 2012 at 10:43 pm #206046smilingsynicParticipantBennett’s blog. Updated daily.
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