dow jones futures trading

today i traded only dow jones futures (ym), and it offered a number of opportunities. unfortunately i was not able to hit the further targets, except in one case.

all the four trades i took hit the first target but only one of them ran further. and that one was with the smallest position possible (2 contracts only), because the risk of that trade was higher. it is quite a shame, and pity taht i was not able to get more from today´s volatility.

here is the intraday chart of e-mini dow jones in the first hour after open with my trades and comments

result

by the way, today i have noticed two iceberg orders (one at dow jones and the other at nasdaq futures 100).

still don´t know how to use it in my trading but it is an interesting thing to observe and follow the big guys through this visualization

here is the situation at dow jones where the iceberg was triggered after the price fell through bigger buy limit order (white line on market depth)

here is similar situation at nasdaq (in different time), but this one is not so strong

it is interesting to notice that the the price level where the iceberg sell order at dow jones started was not broken higher. in fact the market moved consolidated near daily low and after it sucked in enough buyers, it dropped deeper.