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TFC Commodity Trading Forum

Entering on the night markets

So, I have been playing around with entering the grains on the night markets. I have been finding much greater success doing that because price movement is more stable. This gives me more recognizable set ups to enter off of.

I have been bracketing the trade with my stop loss, and an MIT to exit and going to bed.

The opening insanity hits my MIT pretty quick, and pulls me out with my profit before I even know what happened. Then, when the rest of the day is just jumping around, I am on the side.

I don't nornally trade this way, but given the wacky opens, and seemingly random daily movement the grains often make, I had to adjust my methods.

I still use all the same signals and all. I am just focusing on larger time frames (30 minutes and daily). My system is fractal, so the same siganls that appear on the faster times, can signal longer term trades on the larger charts.

Normally I don't like being in the markets if I am not watching, or am not right on top of the current wave, but I have been racking up lots of little losses by over managing these markets lately. Now that my account is a little bigger, i have the room to do these.

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Entering on the night markets