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Price is sitting on the 20-day EMA here. A break through it could lose support for a while. Not wanting to scare you on the add, but something to consider with the intertia CL tends to have.

I think Herr Kid wins the prize for capturing 24 ticks of a 26-tick swing yesterday :D Not that covering 1 tick from the low isn't hot stuff :cool:

From the looks of the volume it was definitely 300 contracts for somebody!

Record profit per second: 37 ticks in 14 seconds

Shortie, do it just once. Just once. Do you remember the first time you ever traveled by plane? That feeling when that big heavy plane carrying all those big heavy people is barreling along the runway - clunk-a-clunk-a-clunk - and it seems like it's going way too slow and there's no way...

25 heads of lettuce would be more my style :p I trade AAPL at least a couple times a week. Talk about wide fluctuation! I use a 3-min chart and cross reference a 1-min chart only very rarely. I have no particular reason for using a 3-min chart with stocks other than the fact that I've always...

Stop all this arguing, boys. More importantly: Shortie, did you buy every new high on POT today? Are you feelin' the love bull? :D :D :D

Anyone who trades AIG off a 1-min chart deserves to receive hazardous duty pay :p

It was definitely an opportunity for day traders to make a lot of money, but I read one account after another about position traders getting stops triggered, slippaged out of positions at ridiculous prices when the bids dried up, only to see the price bounce back significantly afterwards. There...

6E is a kickass day trading machine! I cheat on my rude crude at times with this suave euro dude :D

Breakouts in CL kick booty. They either work really well or your loss is small (if you follow rules) or non-existent (if you're a chicken-shit trader like me) :p I only play breakouts in CL when I'm not already positioned in advance for the breakout. My primary goal is to be positioned for...

I have a hi/lo ticker (New Lows/New Highs window) on my PowerEtradePro platform, which also includes several watch lists, stock charts in multiple time frames, a Level II window, and streaming news. The main purpose of these sophisticated powerful tools is to keep me aware of important market...

Here's my thought, always easy after the fact: Low volume, tight range lately, and a strong "previous resistance could become support" zone around 1251.00-1251.50. These levels will be worked every time unless a news event triggers a price move right through them. Since the short trigger...

Right, I already know where I'd get in off the larger time frame, but sometimes the 1-min chart throws an excellent early entry signal allowing a tighter stop and less chance of getting shaken out later.

I scored an 85 in just 15 seconds. I used to score in the MENSA range, but I'm a much better trader now that I got my head in the right space :D

Very nice trading, Sam. You really have it together; just be careful to use the 1-min chart as a tool, rather than trade off it. I've chopped myself up trading off a 1-min chart and have also taken profits waaay to early if I start watching it instead of focusing on my targets. I glanced at...

I see advantage to using a 1-min chart for trading the open (it helped me tremendously when I traded AAPL, POT and AMZN regularly), and also for entering a strong trend or trading in a range. Today I have difficulty finding anywhere on the AIG 5-min chart that doesn't work perfectly to get...

It appears you have already accomplished the goal of your journal (improve poor trading abilities) AND have the added bonus of getting to keep half those winnings! Congratulations and a prosperous New Year to you!

I've been dabbling in the P&D world of penny stocks rather successfully. Sitting on one that doubled last week in 4 days. I'm not even waiting for proper entries, I'm buying them at highs as soon as I'm aware of them because I'm notorious for forgetting to buy stocks if I don't do it the moment...

Nothing like having to trade for a living to provide the incentive to eke something out of nothing. By way of 8 b/e trades (and Picaso's not even here), I managed to catch a couple that hit target :)