Search results

  1. M

    Day Trading Crude without indicators.

    Using ACD for execution and Market Profile for CONTEXT. looking at 01-12-2012 market profile chart to trade 01-13-2012 with ACD. CORRECTION: Looks like i came up with new spelling for twitter on the chart (lol).
  2. M

    Day Trading Crude without indicators.

    @mfbreakout I got so excite when, I saw that someone else is using ACD system and MP, those too books change my way to look at market completely specially on CL, however, I notice that your risk is really minimum and looking at your numbers, you don't have the B as your stop. My question is...
  3. M

    Day Trading Crude without indicators.

    A and C values are just reference numbers. They are calculated with 20 days of ATR. One trader can have A value of 15 ticks, another one can have 8 ticks. It really does not matter as long one uses one OR and same A and C values on a consistent basis. Breakout traders use smaller time frame...
  4. M

    Day Trading Crude without indicators.

    Oil pit close . +66 and +36. One long , one short.
  5. M

    Day Trading Crude without indicators.

    The day i do not take long at OR high of 108.66 after A up, it comes down to 108.66 and runs up 50 ticks and is heading for 110 (lol). No shorts for me till VOLUME exhaustion at resistance. RULE #1: After A up, if i take counter trend trade, i book gains quickly and thank GOD.
  6. M

    Day Trading Crude without indicators.

    Volume exhaustion set up. +22
  7. M

    Day Trading Crude without indicators.

    Euro close long 108 out 108.40. +40. Following is in response to questions i received. The reason i get out with 40 ticks on most days because ATR for CL is around 2.3 and in my experience and way of trading, 40 ticks are quickest and easier to come. CL is now at 108.75 and it does not...
  8. M

    Day Trading Crude without indicators.

    02-24-2012 First trade. Short 108.64. cover 108.20 +44
  9. M

    Day Trading Crude without indicators.

    02-24-2012 pre Open. It's a 60 minutes chart.
  10. M

    Day Trading Crude without indicators.

    short 107.94. got stopped out 108.11 -18
  11. M

    Day Trading Crude without indicators.

    Covered some at 106.74 and got stopped out on rest at 107.16. Now short 107.94. I misjudged the up move as price pulled back to 106.74 - OR high - after confirmed A up. Overall still a good day. NOTE: main difference between yesterday up move and today's is that yesterday up move was...
  12. M

    Day Trading Crude without indicators.

    long 106.44 . Now short 107.04
  13. M

    Day Trading Crude without indicators.

    short 105.98. stopped out 106.22 -24.
  14. M

    Day Trading Crude without indicators.

    I have just asked my trading buddy what Three sisters meant. He said Trouble!! But then I don't think he was referring to trading. As I'm English the only three that I know are the Beverly sisters. Could you enlighten me as to the meaning. Thanks in advance. Explanation: I got 3 sisters...
  15. M

    Day Trading Crude without indicators.

    02-23-20122 Market Profile
  16. M

    Day Trading Crude without indicators.

    long 105.50, out 105.80 +30 off potential daily support as posted in pre open chart.
  17. M

    Day Trading Crude without indicators.

    Pre open trade . Short 106.67 , cover 105.90. +77. I was short 2 cars but covered one with scalp as we had 8.30 news, so anything could have happened. We are very close to making A down but on DOE report days, i do not pay much attention till DOE report is out- which for today is at 11 am.
  18. M

    Day Trading Crude without indicators.

    02-23-2012 pre open
  19. M

    Day Trading Crude without indicators.

    Hi there Mr Breakout I have been following your posts for a little while now and find them most informative. I have an enquirey with regard to your long entry yesterday at 105.70. I believe your OR low was 105.74. This level was first compromised at around 12:37est on high volume, which I...
Back
Top