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Out early at 56 because really am getting late for practice. Should test the lows however as this is usually a very high probability trade. I did say earlier in post that 60 would be nice pivot, very high probablity of turn of these zones. +3.75 on that one. Will be back later. Good...

Lunch time so moving stop even tighter. 3 tick stop and if this fails heading of too boxing practice and will be back for evening session.

Also, i only rely on intra-day fib levels if they fit in with price levels. Otherwise i never trade of them as obviously what most people are watching most likely won't get hit or work all the time. If bears want to take this down then 60 is ideal zone, 61.25 is pushing it a bit and may mean...

It might still make it to 61.25, in my previous post i notes 59-61 as pivot zone or resistance zone. Saw some weakness at 60 so got in. Very tight stop and nice reward. If it breaks from the Fib 50% then i might take that and re-enter short.

Risky short at 59.75. Tight stop and target is test of lows.

Only considering shorts until they can break 60-61. Then may start looking for longs. Staying with the side with highest probability. Does that mean you can't make money with longs right now!NO - obviously their is unlimited potential on either side for any player in the market - problem is...

Well there is the 55 target, that what happens when you don't stick to plan - missed out on potential 3 points which in long run is going to add up.

My target was 55-56 on this one so exit early not really good trading. Was getting anxious on this one so decided to exit. Problem is that i can't scale and bank the gains so dont really want to give back whole 6 pts on my 1 contract. Good day so far - lets try to push the boat out and get a...

Out 57.75 +6.25

Your right my friend, i think sometimes you can pick some nice R:R entries looking at bigger charts, its just a case of fear that maybe this time it will breakout. Thats what tight stops are for i guess. I always start from higher charts and narrow down to the 1min chart at the end of each...

Trying another short at 64. Target is 55. Stop now at b/e - if it going to work it should go down now otherwise i know im wrong and limit my loss. Can always get back in.

Stopped 65 for -1.25

Shorting 63.75. Very very tight stop.

I think these types of patterns offer great R:R, everything seems to set-up perfectly with news announcements on the charts. You could play that pattern with 1.5 stop and have reward of 10 points.

Out at 59.25. Posting slower than usual today - elite trader server is either slow or one of my networks has slowed. +6

Will try a nice R:R counter-trend here at 69.75. Missed by 2 ticks. Short now from 65.25. Following the analysis from my charts yesterday.

Thanks Kid, i do use similar approach to AHG and have recently learnt a lot from that thread. However, i do have a few plays which deviate slightly from AHG but principles are similar - looking for some big wins to overcome the small potentially many losses. I do have counter-trend plays...

Now to the 15min chart. Again which is looking rather dull right now, i did miss the swing position on the long from 1333 which i had posted before start of the day. Basically price will test the same points where buyers and sellers come in many times before. 1333 had been a turning point and...

Next is one of my favourite charts the 60min. Trading in a range from 1400 to 1310, lots of sideways action recently. Again no clear trend present on this chart, the upward trendline was broken but we have yet to break even 1333 which was my first bounce point. Have some nice selling...

Some longer term analysis here. Just trying to see which side i should be betting on in both my swing trading and day trading accounts to improve my probabilities. Firstly the daily again - nothing changed, basically side ways trading, need to take out the major zones or test them for me to...