Jump to content

Welcome to the new Traders Laboratory! Please bear with us as we finish the migration over the next few days. If you find any issues, want to leave feedback, get in touch with us, or offer suggestions please post to the Support forum here.

  • Welcome Guests

    Welcome. You are currently viewing the forum as a guest which does not give you access to all the great features at Traders Laboratory such as interacting with members, access to all forums, downloading attachments, and eligibility to win free giveaways. Registration is fast, simple and absolutely free. Create a FREE Traders Laboratory account here.

jonbig04

Jonbig04's Log

Recommended Posts

A few days ago I realized that, in a way, my trades are somewhat similar to Db's Cajas Famosas. I've started dialing down the time frames just a bit to try to identify these value areas, boxes, ranges, patterns-whatever you want to call them. The biggest difference is I prefer to play breakout below/above these areas as opposed to fading the extremes.

 

Anyways, as luck would have it, my first intraday box trade worked well. I did take it sim, not like that really matters anyway. It netted 30 ticks or so. I also tried to play a BO below the 63 level, but that didn't pan out and I lost 5 ticks (target was 40 ticks on that one though).

 

I have a potential long and short on 6E and a short on CL. We'll see how those work out.

 

attachment.php?attachmentid=21473&stc=1&d=1276759958

6eyo.png.7623aa4187db9d695202ac4bbc3a6760.png

Share this post


Link to post
Share on other sites

That box ended up being very important. After I played the breakdown from it, price rallied. I played the breakout above 1.236. I was only able to scaled half out for +20 and got knocked out BE on the rest when it flipped (only by two ticks though, grrr)

 

Oddly, price decided to flip the top of box level at 1.2348 as well, making a double bottom there.

 

Earlier in the night I didn't want to play a breakout above the box because the 1.236 level loomed. But that definitely would have been the way to go. Since I move to BE anyways, it wouldnt matter if price got rejected at 1.236 and came back down. I would simply re-enter above 1.236 after getting stopped BE. Woulda shoulda coulda.

 

attachment.php?attachmentid=21482&stc=1&d=1276816184

6Efrt.thumb.png.b7cb0892c9d205157254d7f3df13b8b3.png

Share this post


Link to post
Share on other sites

No real action for me. Took 2 BE trades and a few losses for -4 ticks and -2 ticks. Kind of annoying.

 

I am still sim trading that box strategy. Basically it's the same thing I do on a large time frame, only on a smaller scale. The box just keeps me looking for areas of congestions. I've taken 3 so far, and in true sim fashion, they all worked lol. One was the 6E short from the other day. The other was a crude long which I was able to scale the first half off at +20 and got BE on the rest. The other was a 6E trade from last night. May start taking these live soon.

 

Oh I lost 4 ticks on the first try. I'm a little lost on what to do as far as targets and such on these smaller time frame trades?

 

attachment.php?attachmentid=21507&stc=1&d=1277159734

5aa7101576aad_6-21-20105-10-39AM.png.9cde7cb6620c0781d06a334b5be2c7f9.png

Share this post


Link to post
Share on other sites

Today was a little annoying. Thought I caught a nice move with an early morning short. was able to book one of the 3 targets, but the rest came back to BE. Bah!

 

Just wanted to share a setup I will be taking. I already take this on large time frames, but I will be taking this one on smaller time frames. I actually thought it had a name already, but I was wrong. I've mentioned it in this thread before, and in Thales' thread in which we entitled it "jonbig breakout" haha. As far as I know this pattern isn't out there yet. Anyway, I like it.

 

I saw something the other day about someone not posting their exact strategies for fear of some kind of edge diminishment or something. As far as I'm concerned, my setups are based on reoccurring human behavior. Since that hasn't change in the last couple thousand years, I doubt I'm in any danger. Anyway, for what it's worth-here you go:

 

I want to mention again that taking setups or patterns or whatever only works if you know WHY they work. The market is too ever-changing for this kind of thing to be plug-in play. Without understanding a setup or patten you will see them all over the place when you shouldn't.

 

attachment.php?attachmentid=21535&stc=1&d=1277351511

 

attachment.php?attachmentid=21539&stc=1&d=1277352112

 

attachment.php?attachmentid=21538&stc=1&d=1277352112

diver.thumb.png.2a5b0e183f0875397a0705fbac377f75.png

hd1.png.63b2e9b43fb7fef1e5979633f3b171c5.png

HD2.png.31658743549b9976e8ae06867b4afd1b.png

Share this post


Link to post
Share on other sites

Just thought I'd share my progress with the new setups I'm working on (see previous post). These are on a smaller time frame and are kind of my answer to taking more trades. I haven't perfected them yet. I've learned that these are not breakouts in the same sense as my other break out trades. These small time frame trades usually lead to more of a meandering, slow but steady, break out. Therefor they do require a larger stop. I did manage to find a good one yesterday. Hopefully soon I'll be taking these for real.

 

attachment.php?attachmentid=21660&stc=1&d=1278520727

diver6e.png.70c7d28f590d3428c6889e932e9a6a99.png

Share this post


Link to post
Share on other sites

My it has been some time since I've updated this thing. Why is that? Mostly because this journal has fulfilled it's sole purpose-for me to develop a profitable trading strategy. I can say today that I have done that.

 

I've been consistently profitable for long enough now to say, well, that I am consistently profitable. I want to take some time to recognize that lot of that is due to the help and advice of people on this forum. I was also lucky enough early on to be able to witness and learn from some amazing traders in action. While watching these successful traders was of course helpful strategically, what it really did was to open my eyes to what is possible trading. It showed me what is possible if you work hard and never give up. Just browsing trading forums can be downright depressing to anyone hoping to turn this into a career. Sometimes it just seems impossible.

 

It's not.

 

Having said that, I want it to be clear that I am not where I want to be as a trader. Difficulties have arisen that I could have never foreseen. Difficulties that aren't even really related to having a profitable trading strategy. All I can say is that learning to trade is an intensely personal and subjective experience. And, for me at least, trading profitably is just one part of really making this work.

 

So, having said all that, it seems that the public aspect of this trading journey is over. The hurdles I have to overcome now are more personal, and in some ways more difficult to pinpoint. But I welcome any questions from anyone regarding all aspects of what I do and how I learned to do it. I would love to help anyone who needs it, if I am able to (and I'm not saying I am). I'm not going to be browsing forums and answering questions...that can make anyone go insane. If I can help, please let me know either in this thread or via PM.

 

And with that said, see you in the markets bitches! :evil tongue:

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.


  • Topics

  • Posts

    • Date: 11th July 2025.   Demand For Gold Rises As Trump Announces Tariffs!   Gold prices rose significantly throughout the week as investors took advantage of the 2.50% lower entry level. Investors also return to the safe-haven asset as the US trade policy continues to escalate. As a result, investors are taking a more dovish tone. The ‘risk-off’ appetite is also something which can be seen within the stock market. The NASDAQ on Thursday took a 0.90% dive within only 30 minutes.   Trade Tensions Escalate President Trump has been teasing with new tariffs throughout the week. However, the tariffs were confirmed on Thursday. A 35% tariff on Canadian imports starting August 1st, along with 50% tariffs on copper and goods from Brazil. Some experts are advising that Brazil has been specifically targeted due to its association with the BRICS.   However, the President has not directly associated the tariffs with BRICS yet. According to President Trump, Brazil is targeting US technology companies and carrying out a ‘witch hunt’against former Brazilian President Jair Bolsonaro, a close ally who is currently facing prosecution for allegedly attempting to overturn the 2022 Brazilian election.   Although Brazil is one of the largest and fastest-growing economies in the Americas, it is not the main concern for investors. Investors are more concerned about Tariffs on Canada. The White House said it will impose a 35% tariff on Canadian imports, effective August 1st, raised from the earlier 25% rate. This covers most goods, with exceptions under USMCA and exemptions for Canadian companies producing within the US.   It is also vital for investors to note that Canada is among the US;’s top 3 trading partners. The increase was justified by Trump citing issues like the trade deficit, Canada’s handling of fentanyl trafficking, and perceived unfair trade practices.   The President is also threatening new measures against the EU. These moves caused US and European stock futures to fall nearly 1%, while the Dollar rose and commodity prices saw small gains. However, the main benefactor was Silver and Gold, which are the two best-performing metals of the day.   How Will The Fed Impact Gold? The FOMC indicated that the number of members warming up to the idea of interest rate cuts is increasing. If the Fed takes a dovish tone, the price of Gold may further rise. In the meantime, the President pushing for a 3% rate cut sparked talk of a more dovish Fed nominee next year and raised worries about future inflation.   Meanwhile, jobless claims dropped for the fourth straight week, coming in better than expected and supporting the view that the labour market remains strong after last week’s solid payroll report. Markets still expect two rate cuts this year, but rate futures show most investors see no change at the next Fed meeting. Gold is expected to finish the week mostly flat.       Gold 15-Minute Chart     If the price of Gold increases above $3,337.50, buy signals are likely to materialise again. However, the price is currently retracing, meaning traders are likely to wait for regained momentum before entering further buy trades. According to HSBC, they expect an average price of $3,215 in 2025 (up from $3,015) and $3,125 in 2026, with projections showing a volatile range between $3,100 and $3,600   Key Takeaway Points: Gold Rises on Safe-Haven Demand. Gold gained as investors reacted to rising trade tensions and market volatility. Canada Tariffs Spark Concern. A 35% tariff on Canadian imports drew attention due to Canada’s key trade role. Fed Dovish Shift Supports Gold. Growing expectations of rate cuts and Trump’s push for a 3% cut boosted the gold outlook. Gold Eyes Breakout Above $3,337.5. Price is consolidating; a move above $3,337.50 could trigger new buy signals. Always trade with strict risk management. Your capital is the single most important aspect of your trading business.   Please note that times displayed based on local time zone and are from time of writing this report.   Click HERE to access the full HFM Economic calendar.   Want to learn to trade and analyse the markets? Join our webinars and get analysis and trading ideas combined with better understanding of how markets work. Click HERE to register for FREE!   Click HERE to READ more Market news.   Michalis Efthymiou HFMarkets   Disclaimer: This material is provided as a general marketing communication for information purposes only and does not constitute an independent investment research. Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of buying or selling of any financial instrument. All information provided is gathered from reputable sources and any information containing an indication of past performance is not a guarantee or reliable indicator of future performance. Users acknowledge that any investment in Leveraged Products is characterized by a certain degree of uncertainty and that any investment of this nature involves a high level of risk for which the users are solely responsible and liable. We assume no liability for any loss arising from any investment made based on the information provided in this communication. This communication must not be reproduced or further distributed without our prior written permission.
    • Back in the early 2000s, Netflix mailed DVDs to subscribers.   It wasn’t sexy—but it was smart. No late fees. No driving to Blockbuster.   People subscribed because they were lazy. Investors bought the stock because they realized everyone else is lazy too.   Those who saw the future in that red envelope? They could’ve caught a 10,000%+ move.   Another story…   Back in the mid-2000s, Amazon launched Prime.   It wasn’t flashy—but it was fast.   Free two-day shipping. No minimums. No hassle.   People subscribed because they were impatient. Investors bought the stock because they realized everyone hates waiting.   Those who saw the future in that speedy little yellow button? They could’ve caught another 10,000%+ move.   Finally…   Back in 2011, Bitcoin was trading under $10.   It wasn’t regulated—but it worked.   No bank. No middleman. Just wallet to wallet.   People used it to send money. Investors bought it because they saw the potential.   Those who saw something glimmering in that strange orange coin? They could’ve caught a 100,000%+ move.   The people who made those calls weren’t fortune tellers. They just noticed something simple before others did.   A better way. A quiet shift. A small edge. An asymmetric bet.   The red envelope fixed late fees. The yellow button fixed waiting. The orange coin gave billions a choice.   Of course, these types of gains are rare. And they happen only once in a blue moon. That’s exactly why it’s important to notice when the conditions start to look familiar.   Not after the move. Not once it's on CNBC. But in the quiet build-up— before the surface breaks.   Enter the Blue Button Please read more here: https://altucherconfidential.com/posts/netflix-amazon-bitcoin-blue  Profits from free accurate cryptos signals: https://www.predictmag.com/ 
    • What These Attacks Look Like There are several ways you could get hacked. And the threats compound by the day.   Here’s a quick rundown:   Phishing: Fake emails from your “bank.” Click the link, give your password—game over.   Ransomware: Malware that locks your files and demands crypto. Pay up, or it’s gone.   DDoS: Overwhelm a website with traffic until it crashes. Like 10,000 bots blocking the door. Often used by nations.   Man-in-the-Middle: Hackers intercept your messages on public WiFi and read or change them.   Social Engineering: Hackers pose as IT or drop infected USB drives labeled “Payroll.”   You don’t need to be “important” to be a target.   You just need to be online.   What You Can Do (Without Buying a Bunker) You don’t have to be tech-savvy.   You just need to stop being low-hanging fruit.   Here’s how:   Use a YubiKey (physical passkey device) or Authenticator app – Ditch text message 2FA. SIM swaps are real. Hackers often have people on the inside at telecom companies.   Use a password manager (with Yubikey) – One unique password per account. Stop using your dog’s name.   Update your devices – Those annoying updates patch real security holes. Use them.   Back up your files – If ransomware hits, you don’t want your important documents held hostage.   Avoid public WiFi for sensitive stuff – Or use a VPN.   Think before you click – Emails that feel “urgent” are often fake. Go to the websites manually for confirmation.   Consider Starlink in case the internet goes down – I think it’s time for me to make the leap. Don’t Panic. Prepare. (Then Invest.)   I spent an hour in that basement bar reading about cyberattacks—and watching real-world systems fall apart like dominos.   The internet going down used to be an inconvenience. Now, it’s a warning.   Cyberwar isn’t coming. It’s here.   And the next time your internet goes out, it might not just be your router.   Don’t panic. Prepare.   And maybe keep a backup plan in your back pocket. Like a local basement bar with good bourbon—and working WiFi.   As usual, we’re on the lookout for more opportunities in cybersecurity. Stay tuned.   Author: Chris Campbell (AltucherConfidential) Profits from free accurate cryptos signals: https://www.predictmag.com/   
    • DUMBSHELL:  re the automation of corruption ---  200,000 "Science Papers" in academic journal database PubMed may have been AI-generated with errors, hallucinations and false sourcing 
    • Does any crypto exchanges get banned in your country? How's about other as Bybit, Kraken, MEXC, OKX?
×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.