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Here is the second oil trade. I got the Plus 6 ticks on the first half and had a target at the lows. after getting the first target I moved my stop to entry and got stopped out there on the second 1/2.

Here is a pic of the first trade I took today. I generally take profits at +6 ticks and then at +12 ticks. This trade gave both of those two targets and more, but I was not in for the whole move.

I would like to start this journal to keep a record of my trades. I mainly day trade the ES, CL, and 6E. I trade around support and resistance and have a handful of setups that I look for on a daily basis. For every trade I will try and post a chart for reference.

Misssed all the morning action on some errands. I did get a setup in the afternoon but didnt get filled. The charts is attached. Max

One trade I did today at resistance. This is a 5 min chart. But I used an entry technique off of a 2min chart . Max

Thanks Mccullek for sharign that. Max

Mccullek, Nice going. Could you show your chart with the trade? thanks Max

I wouldn't trade the break of the line, but rather wait for it to pullback/retrace and enter on that with right entry trigger. I feel its safer than the actual break. Max

Another trend line break after a lower high in an uptrend. It would make the next move up shortable. This happened yesterday at the end of day. Here is a pic. Max

A note about the days end. I see it as a 1-2-3 top and the break of a trend line. The trend line was broken from a lower high on the 10,000 v chart. i remember reading about this in Anek's thread. A break of a trend line after a lower high. This would make me think trend reversal. It is end of...

Just a quick note, so far I have on my list , 5 different entry techniques for getting in on a pullback/retracement to enter a trend. One is the 3br with a 50% entry on the third bar after the break of the third bar, the other the 2br method with an entry on a break fo the 2 br. The other three...

Well no lower high and no 3br to get short on so, no trade should have been taken on that. Unless of course you were long and good for you if you were. Now i think trends are up and a pullback should offer a long entry, imho. Max

Now we need this attempt to form a lower high and that would be the entry. I guess we could use the 3br method or the 2 br method. Lets see how it plays out. Max

Mccullek, It looks like it may be setting up in the opposite direction. Sort of a double top at a res area and now a lower low. Is this what you are seeing also. Max

Hi Mccullek, I see it now, nice setup and great for getting in early on a new trend. Thanks for bringing it up and showing the example. Max

Mccullek, Thanks for defining the entries. Max

Mccullek, Thanks for that great post on your trades today. Nice going. Can you clarify what you mean by a two bar entry and a three bar entry? Is a two bar , two bars side by side at a s/r point, and a three bar , a three bar side by side? thanks again Max

TraderK and Mccullek, Thanks for positng. Mccullek, I see what you mean and its getting clear as to the db and dt tops you look for. Once you see it how do you enter, a break of the midpoint of the db/dt or a break and then an entry on on a pullback like traderK just described? TraderK...

Mccullek, It would be cool if you could post a chart of the setup that you take e.g. dt or db on the smaller time frame and show how it setup at a s/r zone that you chose off of the 2400 Max

johnbig and mccullek, thanks for your replies. Regarding the larger chart, it would be your preference as to which one you would feel will give you the better s/r areas, like mcculek sais he uses the 2400 tick chart. In going to the smaller time frame chart, i have felt that for me, if i dont...