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Futures Trading - I Need Some Rules

Today was roll over day for the Emini and I was able to roll over my quotes and my dome but not my main chart, so I was looking at the chart for the last month and the dome that I trade off of for a different month.
This kind of screwed me up a little.
I finally figured out that Open Ecry has a little symbol at the top of the charts that looks like a "sun dial" this little sun dial will link the charts up with the quotes,
so then all you have to do is click on the new symbol on the quotes and it will then update the chart to the new month also.

Notes on trading today: I decided I was going to try a live trade since I have had a pretty good track record paper trading the ES hooks.
The first one I did not like because the market had pulled back 2.5 points and I think the hooks tend to work better when the bars are smaller, I like them much better when they are under 2 points. But the market then went sideways for 6 minutes with 3 1 point bars, so this could have made up for the large bar but I still wasn't really happy with it, but then it exploded for a 6 point move, so it would have been a great trade, then it chopped for 4 minutes and went up another point for a 7 point move.
I didn't take it anyway, but the next one was interesting because when it set up the hook I was thinking about entering a stop order to get in the market.
But it moved right up to the price where I wanted to enter, one more tick and I was going to buy. I looked at my dome and there were over 1000 orders at the price I wanted to enter so getting in would not be a problem. Then one order hit my price and before I could click my mouse it sold off .75 points instantly.
So I didn't take the trade since now it was back at the bottom of the bar where I would be looking to get out of the trade.
I am going to have to rethink my strategy of entering a stop order because of cases like this where it actually trades at the price where I want to get in, so a stop order would have been filled, but clearly I don't want this trade and would not take it if I was entering the order manually while watching the dome.
And I need to start making sure that when I am entering trades I look at the dome and see how many orders are at my price before I throw my buy or sell in there.

I also need to write down all my rules for trading the hooks.

also today I forgot to take a snap shot of the chart when I made the paper trade.

I am thinking at some point I could go through and look at all the charts that worked and then all the charts that didn't work and see if I could find anything in common with them to start watching for that would keep me out of the bad trades.

June 11, 2009