TODAY ANALYSIS

European opening has finished for me with 0 trades.

Today, professionals are not in the game. We can see them with the volumes; for my opinion bars of volume from 600 contracts are the interesting ones for us; because they show us WHERE is positioning the professional.

Besides the absence of the professionals, price has not broken any zone. We have a bullish trend but with no intention (we need big volumes and violent price movements; just like the examples I posted previously).

This, for my trading plan, means "hands up", no trading zone.

We only trade days of clearly trend (bearish or bullish, it doesn't matter) and we operate the stronger side; if the context and the volumes are favorable to us.

As you can see, volumes in 1m timeframe with 500 contracts or less, are not the best scenario to put your money at risk.

We remember our monthly target of 100 points to live of this activity.

Current points January: 31,50 points.

Thank you for reading and good trading.

TRADING

Today, like the most days in the calendar, I have done 0 trades.

I only trade when I see ALL the situation favorable to me, for to get the success you have to be strict in your trading (and even making it in this way, you never be saved of the losing trades).

The target, month to month, is getting 100 points (if it's possible, of course); you don't need to rush.

Until now, this month I got 31,50 points in 2 trades. You have to think that every point in FDAX are 25$, that's for it you have to be very strict in this.

My two trades in this January at the moment are these:

Thank you for reading and good trading.

                                                                 Today analysis.

European opening begins with a bearish gap of about 100 points.

08:01 : Appears a lot of volum (buyout) making the price rise.

Demand has pushed more than the supply throughout the session, but we didn't have  any "clear" moment to put our money at risk.

When the price checked out a previous zone the context was not favorable; and when the context was good for us, the price didn't check out a previous zone with a dry up of the volume.

Our target in the month are 100 points. We should not have anxiety and only play the game when ALL the conditions are favorable to us.

There are days of trend, just like today, that the price rises up a lot of points and you don't get anyone (in fact these days are most), because it's preferable to enter when all variables are met (and  even making things well there are trades that finish with losses-this is trading my friends).

Thank you for reading and good trading.

Example 

This is what I am looking for each time I sit in front of my laptop.

We wait until appear big volum (which means professional is in the game) and then you have to see what side of the market is pressing more.

And when price back to the previous volum with a pressure difference (the volum "dries up") then we activate, not before.

But only with this explanation it looks very easy; and of course this is NOT very easy; on the contrary, it's very hard.

You have also to see a lot of things as the context, that the price break a zone with intention and clarity, looking greater timeframes as 5m, 15m or so on to check out if it is not an important zone of another day which are walls for price, and a lot of more things that you have to analyze in live with no time for mistakes.

It is a very hard work, but if you like it with a lot of practice and many tears too it is possible to be in the game.

Thank you for reading and good trading.

My name is Julio Vazquez and I am a trader.

This new blog I am starting today, pretends to be my "diary of trading".

I make this blog for two reasons:
a) improve my english (I am spanish and for me writing in English is very difficult).
b) improve my trading (sharing my trades and my own explanations, forces me to improve my work);
and the idea of sharing my progress with the global community  makes me proud.

I use the ninjatrader platform and my products for trading are: CL, 6E, YM...but especially my lovely FDAX.

Trading strategy

I don't have my chart  full of useless indicators; the only indicator I need for my trading is the Volum bar in the 1 minute timeframe chart.

I look what side of the market press more (supply or demand); and I position myself according to trend.

Price moves between zones and the success is trying to understand these moves and apply to our trading.