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Previous breakout through 1122 resistance failed badly and so it was unlikely price would push much harder for it that late on exp Friday.

That's not as bad as watching the chart intently, deciding to put on a trade, changing your mind, thinking about it again, deciding against it again, then watching the price suddenly drop 50 ticks from your intended entry price in a single 5 minute bar. Was that when you stepped out to the...

+$648 Only two early trades and I thought for sure both were going to reverse and stop me out b/e and neither of them did :) This will be my last P/L post, even when I have my big 5-figure up days, which I have no doubt will sooner rather than later. Also, I agree that those who drop...

I never could get to TF with IB.

Because I noticed that it produced one of the cleanest-looking charts I ever saw since CL.

Where is everyone today? I cheated on my honey this morning, traded 6E :eek:

Damn, when you trade futures, you really mean futures, eh? :D Message to people desiring a trading service: It appears Anek does that. Also Austin Passamonte (AustinP) definitely does. I'm in the upper quartile of my 10,000 hours screen time. That's how you get good at anything.

Old saying: "Third time's the charm." (Go, Airwaves, go!)

Hi Matcha, doing charts is tedious for me, so I rarely annotate charts any more, but I will tell you the exact entries on CL where I used stops to enter trades today. I did not trade through CL's choppy range with wide 5-min bars, though 1-min scalpers I'm sure had a field day with it. I...

Have you ever counter-trend traded before? You're shorting at a zone where trend followers look to enter long or add to their longs.

The daily chart sure looks like a breakout setup, but it looked much that way in early August too and failed badly.

+$647 Had 3 trades stopped b/e, 2 of them having shown $180 profit before reversing and almost decided to become a scalper, but stayed the course and finally caught the runner :)

I got the idea from Al Brooks and it took me forever to actually start doing it. We all want to buy pivot lows and sell pivot highs, and waiting for confirmation means you're giving up some of the move. But there's value in waiting for that confirmation. You're letting price, rather than your...

Well, $385 of my bucks came from one clean trade near the NYMEX open and $195 of my bucks came from one clean trade near the NYMEX close, and then in between the 5-min chart looked like one of the scary chapters with tentacles from "Reading Price Charts Bar By Bar". I don't think a day like...

Well. I mean WTF did you expect using words like "win" and "lose"? This is your WIFE you're teaching, Mr. D, not a damned gambler! You need to use words like "buy" (women are natural born shoppers) and "sell" (we can run a mean yard sale, too), and "large size" (self-explanatory)...

Yes, when he calls a long entry, you immediately short and when he calls a short, you immediately buy. Unbelievable positive expectancy! (Was it just me or did CL seem "difficult" today? You can answer that back on the "hooters" thread, since this is the "nips & cleavage" thread).

emg gots his mojo workin'! Price was around 1115.50 when he made this call.

$592 Choppy day; sat on hands a lot (but didn't pick bottom :D )

Hey, boobs, nips and cleavage is over at ES Journal :D There were nice opps into the NYMEX close. I shorted one pullback and then decided to call it a day, missed the even better second entry off that DT!

My friend and I were in the midst of deciding whether to place buy stops there and off it went. There was a sudden spread between bid/ask just before the break and the value opportunity to enter was gone just like that. Gotta have those orders in place early!