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:p :p I had one decent trade all morning and several b/e. Doing nothing right now. In fact, I'm stepping away from my desk now...

Yeah, I fell asleep on my keyboard, too. :p :p

There are many ways to make money; the way CF makes money is to trade on the same side the market is trading more often than not, based on the statistical probability that "if A happens, then B happens" more often than not. If CF told you that the probability of his setups hitting his...

What does she expect, flitting from bar to bar every day? If she's really ISO of a LTR she should seek a much larger ATR and ditch the bars. Maybe if she updates her Market Profile she'll attract someone who gets her Point and Figure out a way to let a winning relationship run.

Stop this treachery at once! I'm not old enough to be your mother, but I'm older than you! I love this clickety clackety old piece o' wood; been using it far back as I can rember :D

You know I spent an hour and a half meticulously cleaning my vintage (1986) IBM Model M keyboard today and nearly spit a mouthful of tea all over it when I read Hog's post :p How come you never log in Skype??

Don, all I can offer is a working title: For Crying Out Loud: How the Market Emerged From the Pits and Traveled Into Cyberspace :p All the best on your project!

Regarding the technicals behind the move up, this is NOT a clean and beautiful uptrend by any means, but my personal trading plan requires me to stick with the story being told by price until that particular story is over and a new story begins. That applies for me in any time frame. Although I...

OK, I've annotated my daily chart to show what I meant by channel breakout. You are correct in that oil met resistance several times as it tested the upper channel/trend line (UTL) of the channel, but Monday broke out. Technicians view that move as a channel breakout or a bull flag continuation...

1. Last Monday was the breakout. 2. "Confirmed" in this instance means price action confirmed direction by testing a S/R level a second time and breaking out with conviction (the initial test was a standard channel fbo. 3. I will annotate a daily chart for you so you can see what I'm...

Monday was a confirmed channel breakout on the daily chart for a continuation run to the upside. The easy money is in the direction of the overall trend. Counter-trend trades can work, but you'll be picking up nickels and dimes, as you said earlier. You seem to want to capture a big move with...

When you mentioned ESRX I remembered back when I was trading the momo stocks in early 2010, I think, and I'd have a 1-min chart just above the 3-min chart. I was just beginning to get into price action trading and so was still using stochs as filter. I'd watch for the stochs to line up in both...

There's a thread on ET that I've seen frequently when logging in, but never bothered reading until a few minutes ago. The first two posts say everything there is to say on the matter. Price action in an auction market never changes because it reflects herd mentality driven by ego and emotion...

LMAO! You know what they say at those scalper's meetings: "Five minutes at a time." :p J, although I, too, am a 1-min chartaholic, I've learned to make sure ANYTHING I contemplate on the 1-min chart is in confluence with an ACTUAL SETUP on the 5-min chart.

The mass psychology of large groups of people driven by ego and emotion has not changed in all of recorded history. This is why in a large and liquid auction market price produces certain footprints that cause a majority (even if only a slim majority) of market participants to react a certain...

Are you OK, did you get out of the 50-car short :( :(

Good example, CF, especially for newbies. I've seen traders often take a decent setup, get stopped out on what is a quick failure and fail to reverse for continuation because they're upset about the losing trade.

You're one of those aggressive anticipatory traders. One of my friends is always positioned at a way better price than me because he trades that way. I, on the other hand, am a super conservative weenie trader :p Unless it's a break out of narrow range consolidation, there's usually a first...

That's the nice thing about practice trading FX with Oanda, you can trade a practice account with no risk, but better yet you can fund a very tiny account and at least have a bit of skin in the game.

Firstly, hasn't the ET community yet taught you that stops cause losses??? Once you take a stand, you hold your ground until the damn position turns green or your broker liquidates you! Secondly, what were you doing up so early? :p ADD...