Took longs on the fundeds - PnL: +$1,372 | π΄ Live NQ Futures Trading | Order Flow & Prop Firms β Transcript
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- 0:38What up, Jeran?
- 0:44I try to enter a uh trade pre-market,
- 0:48but I might get stopped out on it,
- 0:52but I just wanted to give it a chance to
- 0:55go back up.
- 1:02But every time it was coming up into
- 1:03this area, it kept um
- 1:06slamming back down. So, I think we're
- 1:08actually going to go lower.
- 1:22So, we'll just let this one hit the stop
- 1:25loss and then we'll wait for uh market
- 1:28open.
- 1:44But this is basically [clears throat]
- 1:45what I'm expecting for today.
- 1:49I would like to see us go higher.
- 1:53If we do come down, I'm looking for us
- 1:55to see if we're going to bounce
- 1:57basically in this area.
- 2:03And if we start running through this
- 2:05area, then um
- 2:08longs are just going to be off the table
- 2:10for me basically.
- 2:55So, we'll wait for uh market open
- 2:59in like 10 minutes. We don't have any
- 3:01news today. Although this week we do
- 3:03have
- 3:06we do have a decent amount of news later
- 3:09[clears throat] on in the week.
- 3:45So, [snorts] we're going to try and make
- 3:48like
- 3:50we're trying to we're going to try and
- 3:52get our $200 day on this account
- 3:57and then we're copy trading three other
- 4:00funded accounts.
- 4:07Although, since we're already down like
- 4:08$223 from that pre-market trade, I think
- 4:12if I take another loss, I'll probably
- 4:16probably stop trading
- 4:19and wait for tomorrow.
- 4:27Nice.
- 4:40is recorded on two separate
- 4:44certain sections of the
- 4:46position
- 4:49on two separate systems. The sound
- 4:59I'm also interested to see like how
- 5:02volatile it's going to be because
- 5:04towards the end of last week it was
- 5:05pretty
- 5:08the ATR is pretty big. So if
- 5:11[clears throat] that's the case I might
- 5:12have to
- 5:14size down again.
- 5:1750 points. That's great for pre-market.
- 5:43But I got to be careful. I'm slightly
- 5:45hung over from watching the Super Bowl,
- 5:52so I'm trying to
- 5:55not lose all my money
- 5:58and blow my accounts.
- 6:02Kind of a lame Super Bowl, not going to
- 6:04lie.
- 6:06If you guys watched it,
- 6:10it was a a field field goal field goal
- 6:13city.
- 6:40So yeah, again we I just want to see
- 6:43whether or not we're going to go higher.
- 6:45I would like us to actually continue
- 6:47higher.
- 6:49Um, if we drop [clears throat] down at
- 6:51the open, I'm watching this area to see
- 6:54if we're going to bounce or not.
- 6:58And if we start running through that
- 7:00area, then um,
- 7:04just
- 7:06longs are just going to be off the
- 7:07table.
- 7:12What up? The truth is not hate hate
- 7:14speech.
- 7:17Good morning.
- 7:22All right, let's see what this
- 7:23fiveminute candle does before market
- 7:25open.
- 7:38So that other trade I took, I just
- 7:39entered it a little bit early.
- 7:57The only thing that's like
- 7:59that I'm looking at in terms of longs
- 8:01that's like kind of sketching me out a
- 8:03little bit is this previous 1hour
- 8:05candle. I don't like the way that this
- 8:07looks for us to
- 8:10go higher. But
- 8:14overall the plan is for us to start
- 8:15making our way like up here.
- 8:18Just whether or not we're going to
- 8:19retrace first or if we're just going to
- 8:21run. So
- 8:24we shall see.
- 8:40But if I go down like on the day
- 8:43like $700,
- 8:47I'm just going to stop. So it's
- 8:49basically depending on how volatile the
- 8:51open is, that might just be one trade.
- 8:55>> [snorts]
- 10:11>> But we may get a pretty good setup for
- 10:13the longs depending on how the open
- 10:16prints. I would be targeting um
- 10:21basically for us to take London highs,
- 10:23Asia highs, and then
- 10:26CM open highs.
- 10:31So, if we can find an entry for longs
- 10:33off the open, I'll try and take it. But
- 10:37I'll probably just use like three micros
- 10:41just in case it's going to whiplash
- 10:44around and then I might add into it. But
- 10:51I want to see how the 15 minutes going
- 10:53to close
- 10:56at market open.
- 11:33All
- 12:02right, let's see how market opens. This
- 12:05is kind of a
- 12:07I'm going to have to probably wait a
- 12:09little bit
- 12:11unless it just starts to run. Then I
- 12:13might actually just pile into it.
- 12:54So again, if we just like start melting
- 12:56and we come into this area, then that's
- 12:58where I'm going to be watching before,
- 12:59but
- 13:19we'll probably just have to wait for
- 13:21this first fiveminute candle to close.
- 14:06If this 5 minute closes with a nasty
- 14:09wick to the downside, I might try and go
- 14:10long.
- 14:19So, we got three minutes left to just
- 14:21watch what happens.
- 14:28But already this is a pretty
- 14:30this five minute candle, it already
- 14:32dropped over 100 points. So,
- 14:36I'm definitely going to have to size
- 14:39down. probably just use like three
- 14:41micros for the time being until I get
- 14:44out of draw down.
- 14:47I'm down like 230 on four accounts
- 14:50basically.
- 15:22So, if we can close with like a really
- 15:23nasty wick like this or even if this
- 15:27fivem minute candle just in the last two
- 15:29minutes flips bullish,
- 15:32I may try taking longs.
- 15:38The only problem though is that if I do
- 15:41take longs, if it closes somewhere up
- 15:43here or flip, even if it flips bullish,
- 15:47the ATR is so high and this candle is so
- 15:49large that my stop loss basically
- 15:52I would be at risk of just getting
- 15:57whiplashed.
- 16:11So, I got to be kind of careful if I'm
- 16:12going to do that.
- 16:24But it is looking um
- 16:28it's looking pretty decent right now for
- 16:32buyers.
- 16:39Like I want to enter long, but I'm just
- 16:41worried about how large this is. Like,
- 16:52it's just so large.
- 16:56So, we'll just wait for the five minute
- 16:58candle to close. I want it to close
- 17:01bullish and then
- 17:04if the next fivem minute candle retraces
- 17:06down and then flips bullish, I'm going
- 17:07I'm going to take a long position
- 17:11and then we're going to start targeting
- 17:13um up here towards
- 17:16London and Asia Guys,
- 18:02There's no wick on this candle. If we
- 18:05can push, if this just pushes with no
- 18:07wick to the PC, I'm actually going to
- 18:09just try and take a long scalp unless a
- 18:13wick gets created right now. All
- 18:27right, I'm just going to go long right
- 18:28here.
- 18:32And the stop loss is going to just be at
- 18:35the bottom of this uh
- 18:37the bottom of this candle,
- 18:41which is kind of a shitty stop loss, but
- 18:43we're going to see if it could start to
- 18:45push up,
- 18:58but it's just super large ATR.
- 19:02So,
- 19:03there is a potential that I just get
- 19:05stopped out. It comes down here to the
- 19:06PSC and then snaps back up. But it's all
- 19:08right.
- 19:18Like the the buyers are holding the
- 19:20sellers here. We're not pushing lower,
- 19:22but they're just not following through
- 19:24to the upside. It just needs to
- 19:29start running higher.
- 19:32like this. We need this to continue
- 19:34right here.
- 20:15What up, Mike?
- 20:3615 minutes also looking pretty good for
- 20:38the long. So, I think um
- 20:42it should be okay.
- 20:45But I mean, we never know.
- 20:49I'm going to wait to move my I'm not
- 20:51going to move my stop loss to break even
- 20:54yet. We're already like 30 points in
- 20:56profit, but
- 21:00I have a feeling
- 21:06I might just move my stop to break even
- 21:08right now.
- 21:12I would like to see it just run because
- 21:14[clears throat] we're already in draw
- 21:15down. So, I don't want to necessarily be
- 21:1830 or 40 points in profit and then
- 21:22have it snap all the way back
- 21:29because it's really struggling to start
- 21:31picking up momentum.
- 21:36But we're going to find out right now
- 21:37when this fivem minute closes. If we can
- 21:39get a strong close on the fivem minute
- 21:40and then we just start running, then we
- 21:42can probably just hold this for a little
- 21:43while.
- 21:47And the moment that we end up actually
- 21:49taking um these highs, if we do come up
- 21:52here, then I'm going to be trailing my
- 21:54stop to cover the $230 loss uh
- 21:57pre-market when I tried to go long
- 21:59before the open.
- 22:08So, we'll just basically hope it doesn't
- 22:10snap back and hit our break even before
- 22:13it continues.
- 22:25>> It's crazy. I'm only in three micros,
- 22:28too.
- 22:30So, that's a great close on the five
- 22:32minute. I think we're going to be fine.
- 22:35If it does come all the way back to my
- 22:37break even right now, that's just
- 22:40it would just be so nasty. But I think
- 22:43we're good.
- 22:57>> So, we'll wait for it to uh
- 23:01>> take the highs and then we're going to
- 23:02trail.
- 23:0751.
- 23:13>> I'm going to be trying to target like
- 23:15150 points probably.
- 23:30Step
- 23:45you are me.
- 24:05Almost there.
- 24:15But when it does take these highs, I'm
- 24:17going to move my stop.
- 24:21Actually,
- 24:24I'm going to move my stop to cover my
- 24:26loss right now.
- 24:30So, 90.5.
- 24:34So, the trailing stop is like right here
- 24:36right now.
- 24:42I don't want it to come all the way
- 24:45back.
- 24:46I'm in draw down. and I might as well
- 24:48just get back to break even on the day
- 24:49and then we'll figure something out. But
- 24:52I'd like to I I would like this to just
- 24:55run and basically not offer any more
- 24:57entries and just
- 25:00run, hit the target, and then chop the
- 25:01rest of the day and we're good.
- 25:05So, we'll see
- 25:07when we take out these highs. I'm going
- 25:09to trail it to the bottom of this
- 25:10fiveminute candle.
- 25:49And also for this funded account too
- 25:51with this like uh 16 or $17,000 balance,
- 25:55it is the third day or the fourth day on
- 25:57the cycle. Um,
- 26:02so we just need the $200 for today, but
- 26:05since I'm copy trading
- 26:08um
- 26:09three other funded accounts, I'm trying
- 26:11to hold it.
- 26:22Uh Frankie, the reason why I took these
- 26:24longs is because
- 26:28my plan for the morning is I do want to
- 26:31see us go higher. And I was originally
- 26:34waiting for us to come down into this
- 26:36area
- 26:38um
- 26:40to determine whether or not we can
- 26:43bounce here, if we were going to run
- 26:44through it. If we got past this area,
- 26:46the longs were just going to basically
- 26:48be off the table. But when we drove down
- 26:51on the first fivem minutee candle,
- 26:52created a nasty wick and then
- 26:55um we pushed down again and we started
- 26:58stalling right here. So sellers were
- 27:00just failing to continue this move and
- 27:01we flipped bullish. I went long to
- 27:04follow my daily bias of us going higher.
- 27:06Taking out these highs, taking out Asia
- 27:08highs, coming back into Asia session.
- 27:12This is Asia session.
- 27:16I actually tried to go long pre-market
- 27:19right here,
- 27:21but that obviously didn't work out. So,
- 27:24that's why I'm in draw down. Um, but
- 27:26we're going to be out of draw down after
- 27:28this trade.
- 27:30All right. So, we're pushing right now.
- 27:33We got past the highs. So, what I'm
- 27:35going to do now is I'm going to trail my
- 27:38stop to lock in a $200 day for this
- 27:41account.
- 27:43So, if it does snap back right now,
- 27:47um it's fine because I just need to lock
- 27:51in the $200 day on this account and then
- 27:55um
- 27:57and then just get one more day
- 28:01tomorrow and then we'll pull another
- 28:03payout
- 28:05and then it'll be 20 grand in payouts in
- 28:0720 days,
- 28:10which 20 trading days, which would be
- 28:13crazy because this account right now is
- 28:15on like a
- 28:17I mean after today, this is probably the
- 28:19only trade I'm going to take today.
- 28:20After today, it'll be like 23 or 24 days
- 28:23in a row on a winning streak for this
- 28:26account, which is nuts.
- 28:35Wow, that's crazy. That almost hit my
- 28:36stop loss and it didn't.
- 28:41That's what's up. Kill
- 28:43Good stuff.
- 28:47>> If we get another push right here, I'm
- 28:48going to trail my stop again
- 28:56right below here just to squeeze out a
- 28:58little bit more.
- 29:01>> The 15-minute came down and retested
- 29:03previous 15-minute PC. And so, I'm
- 29:05expecting it to just run now towards
- 29:07these highs.
- 29:15um confirming longs on footprint like
- 29:21well so basically
- 29:24if we look at this
- 29:26what I was looking at at least when the
- 29:28five minute ran down right here oh that
- 29:30was nasty when the fivem minute ran down
- 29:33right here
- 29:36um you see how the PC is down here So,
- 29:40there was a lot of aggression to the
- 29:41downside. Sorry, this thing keeps going
- 29:43back up. A lot of aggression to the
- 29:45downside at the open. I thought it was a
- 29:47a manipulation move because my bias is
- 29:50long, right? So, I'm waiting for any
- 29:53type of sign that we may be flipping and
- 29:55going long. So, when we were pushing
- 29:58down here and we were stalling here, and
- 30:01you know, we were stalling here because
- 30:02the PC is right here. So when we created
- 30:06a really nasty wick, I mean look at
- 30:09this. Look at this candle, right? Like
- 30:12let me drop down to a fivem minute on
- 30:15this. When we create
- 30:18like a really nasty wick like this,
- 30:21well, what does that mean? Well,
- 30:24sellers try to push lower and they
- 30:26couldn't follow through. They they
- 30:28pushed like a 100 points lower at market
- 30:31open within like 30 seconds and then
- 30:35they stalled out the rest of the five
- 30:37minutes and then the very last at the
- 30:40very end like the last minute of this
- 30:42fiveminute candle. We snapped back up
- 30:46and so I waited for this next candle to
- 30:48open up right and when this candle
- 30:50opened up it opened with no wick above
- 30:52it and it immediately pushed down again.
- 30:57So then when it pushed down again, it
- 30:59started stalling here as well. So they
- 31:01still couldn't basically keep momentum.
- 31:05And then when it flipped bullish, I was
- 31:07expecting that since all these people
- 31:09went short or all these short positions,
- 31:13they're basically on the wrong side.
- 31:14They're like offsides at that point. So
- 31:16when we start pushing up, the idea would
- 31:19be that you would have to get out of
- 31:21that position.
- 31:24And the only way to get out of a cell is
- 31:25to buy it. So it would just increase the
- 31:27pressure and I was just expecting it to
- 31:28slingshot higher if that makes sense. Uh
- 31:32it's PC, not PSSE, sorry.
- 31:36But
- 31:39we basically
- 31:42Yeah, I mean that was basically like 100
- 31:44points.
- 31:46Only three micros though.
- 31:50But it's okay.
- 31:55I was going to go five micros, but I was
- 31:57already in draw down.
- 32:00And something to think about is like
- 32:04if I'm entering here,
- 32:06where
- 32:09a a better stop would be where, you
- 32:12know, like at the bottom of this candle
- 32:14and then we target up here, right?
- 32:17Because volatility.
- 32:19You need it. It would be safer. But
- 32:21that's a 91 point stop loss. Like I I
- 32:24can't do that. I can't do that. So, we
- 32:27size down
- 32:29and I just put my stop right below this
- 32:30fiveminute candle, which is pretty
- 32:32dangerous because
- 32:35it could easily like this candle could
- 32:37easily open up, come down, come back up,
- 32:40and then snap down and then pull up. So,
- 32:43we could have gotten stopped out of that
- 32:44pretty easily, but
- 32:47we didn't. We didn't. So, we're good.
- 32:58uh finished and unfinished auctions.
- 33:03Sometimes I look at it, but not always.
- 33:05Um
- 33:07well, I only look at finished and
- 33:09unfinished auctions very rarely
- 33:13because I don't really need it for my
- 33:14trading. Although, it is probably
- 33:16something good to know and I know how to
- 33:18spot them.
- 33:20Like this is an unfinished auction right
- 33:22here.
- 33:24This is finished. This is unfinished.
- 33:28These are finished.
- 33:31But
- 33:34yeah, I don't really use those to be
- 33:36honest. Um I do look at delta though,
- 33:39but I don't look at cumulative delta.
- 33:41I'm only looking at delta for every five
- 33:43minute candle.
- 33:46And I'm just trying I'm looking at the
- 33:47volume and I'm looking at delta. And so
- 33:50I do use delta flips and I do pay
- 33:54attention to when delta
- 33:59like
- 34:00I'll make a video about it, but I'll pay
- 34:02attention to when like let's say we have
- 34:04a a bullish candle with negative delta
- 34:07or like a delta divergence basically or
- 34:09like a
- 34:11a bearish candle with positive delta or
- 34:14if the delta is even it's like almost
- 34:17zero. Bro,
- 34:22how how much how much to mentor you?
- 34:25Sorry, bro. I don't do that. I don't do
- 34:28that.
- 34:32It's just like too much work. And you
- 34:34know what? At the end of the at the end
- 34:36of the day,
- 34:38um
- 34:40I can tell you everything that I know
- 34:42about trading and you and there's a
- 34:45chance that you might still just like
- 34:47sabotage yourself. So
- 34:55free money. It's never free money, dude.
- 34:56I would have to sit with you and like
- 35:02maybe in the future, but to be honest,
- 35:04that's not my goal. My goal isn't to
- 35:06like sell a course or like mentor
- 35:08people. My goal is to basically just
- 35:13I don't know,
- 35:15make money from trading. Make money from
- 35:18trading. And then,
- 35:21I don't know, build a community of other
- 35:23traders so we could talk about trading.
- 35:26And then hopefully we all get payouts
- 35:28and we all learn from each other and
- 35:30then we all make money, you know. It's
- 35:33kind of the idea.
- 35:41Uh Frankie, yeah, I'm waging.
- 35:44You know what that tells me? If you can
- 35:46pass an eval in two days and you fumble
- 35:48an XFA in a day, well, you know what?
- 35:49But then you're just getting lucky
- 35:51passing your your evals
- 35:53because an eval on top step you just
- 35:56need two winning trades. So if you full
- 35:58pour two winning trades in a row, you're
- 35:59essentially flipping a coin twice. And
- 36:01if you flip a coin twice, you can land
- 36:03on heads twice.
- 36:05and then you go into your XFA and you
- 36:08really don't have an established edge or
- 36:10kind of know what you're doing and then
- 36:11you are used to sizing up kind of heavy
- 36:14probably with your evals and you try and
- 36:17do the same thing and then it's just
- 36:18gone the first day.
- 36:25Passing evals is easy. You don't even
- 36:27need a strategy. You can literally flip
- 36:28a coin and then
- 36:32like I I could close my eyes and then
- 36:34just like full port five contracts long
- 36:36or short and there's like a 50% chance I
- 36:38I I'll probably hit 60 ticks especially
- 36:41if there's like uh
- 36:45really large volatility.
- 36:52But I do fullport all my evals. I don't
- 36:54I don't really trade them. I'll just
- 36:56full port them and then I'll just try
- 36:59and trade the funded accounts normally.
- 37:06Yeah, if your psychology on an XFA is
- 37:08different, then
- 37:11you got to just like
- 37:13honestly I don't know how heavy you
- 37:15trade. I'm I'm assuming you probably
- 37:17trade heavier than you should be
- 37:18trading.
- 37:21you probably freak yourself out
- 37:25if if you're not used to trading a
- 37:27funded account. You should honestly just
- 37:29The goal shouldn't even be to get a
- 37:31payout. It's just see how long you can
- 37:33hold on to it for. Oh, you're trading
- 37:35silver. Well, there goes your account.
- 37:40>> Don't trade silver. I trade so I traded
- 37:42silver last month on this funded
- 37:44account. and I did great, but
- 37:47um
- 37:50>> I wouldn't recommend it.
- 37:52>> Also blew last month I blew like four
- 37:54funded accounts that had a decent
- 37:56balance on um on silver.
- 38:01No, actually I blew six funded accounts
- 38:03last month on silver that all had decent
- 38:05balances that were built up from silver
- 38:08and then lost it all back to silver.
- 38:12So, I'm taking a break from silver,
- 38:15taking a break from the commodities
- 38:17right now. And also, they changed all
- 38:20the margin for the which is
- 38:21but they changed all the uh
- 38:24contract limits.
- 38:26And NQ at the end of the day is my bread
- 38:28and butter. I've been trading NQ every
- 38:30day for like years. So,
- 38:32I'll just stick with it.
- 38:35So, um
- 38:38I'm up $363
- 38:40on this account.
- 38:43I copy traded this account. I'm up $361.
- 38:46I think this is the third day on this
- 38:49funded. And then I do have two more
- 38:52funded accounts with Funded Futures
- 38:54Network and
- 38:57those are probably also at like $300 on
- 39:02the day,
- 39:04something like that.
- 39:07So, three micros, we went from being
- 39:13I was down like $900 across all my
- 39:17accounts when I took this trade here.
- 39:19And then when we went long three micros,
- 39:22we made it all back plus 1300. So
- 39:27three micros 100 points.
- 39:32So yeah,
- 39:34I do want this to and just in case you
- 39:37guys like aren't in the Discord, what
- 39:40I'm watching for right now is on a
- 39:42higher time frame. I'm trying to see us.
- 39:47I'm trying to see us come up here
- 39:54in this area.
- 39:57We're still in this higher time frame
- 39:59range. So, this right here
- 40:03is the range that we've been stuck in
- 40:05for like over two months. We never
- 40:08actually took the low. We popped out up
- 40:11top and took all these highs and we made
- 40:12a massive move down. What I want to see
- 40:17is over the next couple days, I would
- 40:20like us to
- 40:22actually push up into this area and then
- 40:24either two things are going to happen.
- 40:26Obviously, we're either going to come
- 40:27back down and then target these lows
- 40:30or
- 40:32uh if we pop up above this and stay
- 40:34above this, then I'm going to be looking
- 40:36for us to continue to take these highs
- 40:38at 2650.
- 40:42So, that's like what I'm looking for on
- 40:44a weekly profile.
- 40:46And then so this morning when I
- 40:50basically
- 40:51got on, I framed
- 40:55what my analysis was for the day based
- 40:57off of that. So if my analysis is that
- 41:00we're going higher before we go lower,
- 41:03then I'm looking for longs today and I'm
- 41:06looking for longs anywhere above this
- 41:09area. And if we get below this area
- 41:12because you always need an invalidation,
- 41:15right? Otherwise, it's not a bias. It's
- 41:17just an opinion. So, if it got below
- 41:20this area, we would not be taking longs
- 41:21anymore, and I'd be watching for it to
- 41:23come down here. But so far, we took the
- 41:28highs. We never took uh London or Asia
- 41:30highs. So,
- 41:34we may
- 41:36I would be pretty surprised if we came
- 41:38back down here during the AM session. We
- 41:40might do that during PM session if for
- 41:42whatever reason we don't continue
- 41:44higher.
- 41:46Um but yeah, so
- 41:55so today played out all right, I would
- 41:56say.
- 41:58I just wish I didn't lose that money
- 42:00pre-market. Then we would have been up
- 42:01like 500 on each account.
- 42:06But but
- 42:10hold on.
- 42:14I'm on a I'm on a sick one right now on
- 42:17the I'm on a sick one on this account.
- 42:18Look at this.
- 42:20I think this is probably like the
- 42:22craziest win streak I think I've ever
- 42:24been on on a funded account.
- 42:31It's like
- 42:38nuts. I'm just milking it like
- 42:44but yeah. So, we're going to just
- 42:45continue to milk it. I'm going to try
- 42:46and get another uh max payout on this
- 42:49account so that it's like um
- 42:54down to like a $12,000 balance. I just
- 42:56need one more day tomorrow. But I'm
- 42:59actually just done for the day. So, I
- 43:02will be back tomorrow morning. If you're
- 43:05going to continue to trade, just be
- 43:07careful. And if you took that long with
- 43:09me,
- 43:10let's go. All right. I'll catch you guys
- 43:13later. Peace.
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