Recent content by Liffey8

2 trades today. Trade 1 (see attached chart). I bought very low, aiming for a pop at the 104.50 level. Market rallied then came back down. I had trailed my stop to entry and got out at scratch. Trade 2, when it broke 104.50 (eventually), I worked an order to buy the dip...

One trade yesterday, saw a bearish triangle and went with the break, it turned and stopped me out for $920. It then sold off. Beginning to conclude that on future Combines I should trade the mini contract and run less risk. $20 a tick is to heavy given my longer term trading style.

ok so here it is after day 8. Sorry I haven't been putting up screenshots the last 3 days, I have been working from a different PC. I've made a little profit this week, but nothing remarkable. My stats have improved because I got short the crude on Monday and held it nearly 4 hours, which...

Hi I am already doing this

Interesting concept, I think a lot of the problems I have here derive from trading on too long a time frame and from trading overly big size. My time in a winner is much much longer than my time in a loser (88 mins avg versus 32 mins avg as of yesterday) so I don't think running winners is the...

Trade 2 Short at 106.26 stop 106.51 target 105.76, it then did this (see cicled on attached chart). Stopped out for a 25 tick loss of $500.

14 August Trade 1 The market was acting as if the London session support around 106.30 (an important pivot the last few days) had become resistance so I went short at 106.09 stop 106.34 targeting 105.59. It snapped back for a loss of $480 (I got filled at 106.33).

1. you're right about this, I think I need to reduce size or trade something less volatile 2. this happens a lot of times, I'm ok with this, I tend not to do more than 2 trades per day 3. yes again, need to trade less size 4. I'm working on trading a shorter time frame to make the stops tighter

Combine performance so far

When the market made a lower high around 106.70, then took out the previous low around 106.00, it was now making lower highs and lower lows. So the trend has changed and I want to be shorting rallies. I shorted 106.05 (close to the previous low ie support-turned resistance). Stop at 106.25...

Day 4 (13 August) 1 winner, 1 loser today. Initially, I was bullish, intending to buy dips. I did so (see JPEG), getting long at 106.47 with a stop at 106.17 looking for a retest of the highs at 107.07. The market stalled at 106.60 and I got stopped for a $560 loss (got filled at 106.19...

Day 3 (12 August) It looked to be breaking down against 106.25, so I went short at 105.22, stop 105.68, target 104.30 (back to the old lows of last week). This was a very bad call and I got taken out for a $920 loss

Day 2 (9 August) On this day I did 1 trade, losing $700 (35 ticks). I got taken out of the trade very quickly (a mere 13 minutes). This is a hateful trade because I was right about the overall trend, but it just stopped me out before staging a massive rally. My bias was to get long...

End of day 1