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The reason why I asked was because I felt like what you saw as a failed failure failing was not the same as what I understand it as. I have only been following your trading for a couple days now so maybe I just don't understand how you trade. I do notice that you get into trades as the...

Yes, I do stop trading at noon. When I first started I would trade the entire NYMEX session, but my problem was that a lot of the trades that came after noon didn't seem to ever have any extension or follow through and I attributed that to lack of volume. At the time when I started to make...

Trade 4 you mentioned Brooks and his "failed failure failing." Could you explain in your words based on that bar what you mean by that? I've read the book. I don't want you to explain to me what Brooks said. I want you to put it in your own words based on this specific situation with...

I think that is a compliment, so thanks. I do not use volume studies and they are not on my chart. I'm not sure where you got that at. I like the EMA as it tends to be a magnet. I have tried taking it off my screen and I absolutely felt helpless. To me, it is like a transition of power...

Today, I ended up with 0 trades. Not because I didn't see any signals, but because I kept talking myself out of trades. I wouldn't say it was so much that I was afraid of putting on a losing trade, but more that I just talked myself out of my trades. It really comes down to the "just take...

I should have mentioned, I did read that book. I started on it a 2nd time, but didn't get through it all the way because I started reading Trading in the Zone again. I suppose it should help me if I finish reading it again. It's one of those books that I will probably casually pick up and...

*This first post became quite long so if you don't care to read it all, just scroll down to where it says TRADING. So what do we have here? Another journal in the Journals Forum. I've been thinking about doing this for a couple weeks, but haven't really come around to doing it because I...

Started my day off right, going back to live trading. Went long, got entered into the trade almost instantly, went to put in my stop and accidentally made it a limit order and without paying attention I confirmed it only to have it instantly get me out of the trade for a -4 tick loss. The...

Sorry, my information was wrong. I found what it was that I was referring to, from Al Brooks's site: "I am not a CTA and therefore need to restrict what I publish on this site. Otherwise, I would have to become a CTA and this is against my minimalistic approach to life. I called the NFA and...

It was mentioned in this thread already. From what I heard/read, Al Brooks is a CTA (?) so he is not legally allowed to publicly announce his trades. He can talk about the charts, but he cannot tell you when he enters or exits.

So you basically got in earlier than I did since I don't look at the 1m chart. I think there was something screwy with the sim because I actually wanted to short at 1 tick below the 9:15 bar, 82.46, but my sim got me in at 82.47. I am not sure how to differentiate the times where you'd take...

Question for NoDoji if she happens to read this (or anybody): Do you see a short at the 9:15 or 9:20 bar? We have a move back to the EMA, which is inline with yesterday's close and then a doji and a shooting star. The shooting star seems to confirm the indecision by the bulls and that...

One trade today, after a bunch that I didn't take because I was being a pansy. All would have been profitable trades assuming correct trade management. I thought it was funny too because NoDoji mentioned the "one big red bar is followed by another big red bar." I was thinking the exact same...

One trade today, in sim, eventhough today I wanted to go back to live trading. Nothing was making sense. Almost took a long off the 9:10 bar, but yesterday's close was just above so I didn't take it. Glad I didn't. Wanted to go long off the 10:10 bar, but it seemed countertrend and...

Glad I made today another sim day because I didn't know how the market would react to the holiday. I had to go out early this morning so I missed the first hour and a half. Missed 2 good signals. After that, 2 out of the 3 trades I took didn't have any follow through. Trade 2 was...

Is today's volume low because of the holiday? Just to clarify, is the volume lower than usual? If so, is it because of the holiday?

http://www.cmegroup.com/tools-information/holiday-calendar/files/New_York_Floor_Holiday_Calendar_2010.pdf This seems easier to understand. I always have to remind myself that CL is NYMEX even though I read information about it on the CME's website.

I can never understand how to read that. I don't know why they have to make it confusing. Is CL open or closed on Monday? Thanks for letting me know!

Take it for what it's worth, but as I understand it you're not a "scalper." If you're getting 17 trades in one day then you need to refine your setups a lot better. I am pretty picky about what I do, I struggle with my own trading due to self-doubt, but between the NYMEX open to Noon, with...

Normally if you're trading price action you would buy/sell at one tick above the high/low of the previous bar so that it carries you into the trade. If you miss out and don't get an entry then you just let it go and wait for the next signal. Just watch for those one tick failed moves, they...