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  1. M

    Day Trading Crude without indicators.

    From reuters.com Iran has stopped oil exports to six European states in retaliation for European Union sanctions imposed on the Islamic state's key export, its English-language Press TV reported on Wednesday. "Iran cuts its oil exports to six European countries," Press TV reported. Press TV...
  2. M

    Day Trading Crude without indicators.

    Long 101.42 out 101.88. +46 One trade with wrong size put a damper for a short time but I do not trade SCARED, I try to trade CAUTIOUSLY. BIG DIFFERENCE.
  3. M

    Day Trading Crude without indicators.

    02-15-2012 18 cars traded but noting to show for. But one has to keep on trying.
  4. M

    Day Trading Crude without indicators.

    Looks like Historical pattern analysis came through- probability of taking out 101.84 in the next 2 trading session 71%. I wish some how i can figure out that after hitting 102.54 , price will retrace to 101.30 (lol)
  5. M

    Day Trading Crude without indicators.

    . Tried short at 101.94 with stop loss 102.04 . Got stopped out at higher price at 102.12. Wow- 102 got taken out with some FORCE. Long 101.74 on pull back. out 102.04 +30. Net= +14. that's why we use STOP LOSS.
  6. M

    Day Trading Crude without indicators.

    02-15-2012 Pre open
  7. M

    Day Trading Crude without indicators.

    02-14-2012 Oil Pit close +42. Video game continues. Even video games require some LOGIC .
  8. M

    Day Trading Crude without indicators.

    02-14-2012 better and cleaner chart.
  9. M

    Day Trading Crude without indicators.

    02-14-2012 Asian session low set up. Long 100.30 out 100.64. +34 I am out as usual early but it's O.K. Always keep 3 sessions high and low front and centered i.e is Asian, Euro and N.Y session.
  10. M

    Day Trading Crude without indicators.

    02-14-2012. waiting for a set up after A down.
  11. M

    Day Trading Crude without indicators.

    Euro close pull back set up 02-14-2012. The entire playground for today is confined between 2 cyan lines and 2 magenta lines.
  12. M

    Day Trading Crude without indicators.

    02-14-2012 failed A up set up trade. +34. Traders who use smaller time frame like 5 minutes etc.. got a breakout from 101.20 area to 101.84. I missed that trade as it is difficult to be a fader and breakout trader at the same time frame. One can do all right if a trader does not try to be...
  13. M

    Day Trading Crude without indicators.

    This is in response to couple of PM i got. 02-14-2012 My P&L screen shot from this morning. Lets keep things in perspective and do not get carried away. I am just trying to make a living and have neither skill set or capital to make a killing in the market. One bad trade can take away a...
  14. M

    Day Trading Crude without indicators.

    02-14-2012 channel levels
  15. M

    Day Trading Crude without indicators.

    I will try to answer this post here so i do not to have to answer each message individually. Please keep asking questions by Private messaging tab. I collect them and try to answer them collectively. "Hello mfbreakout, Please disregard the negative posts in your thread and keep posting...
  16. M

    Day Trading Crude without indicators.

    02-14-2012 Missed opportunity of 101.12 area.
  17. M

    Day Trading Crude without indicators.

    02-14-2012 1st trade off 101.50 area resistance +36 Stop loss was 101.71
  18. M

    Day Trading Crude without indicators.

    02-14-2012 Pre open
  19. M

    Day Trading Crude without indicators.

    I could not complete last 2 lines of my last post due to 30 minutes edit limit. Here is the edited version. " A trader who does not have enough screen time will loose money with ACD or any other method all day long. Get stopped out, daily loss limit get hit, stop for the day, come back...
  20. M

    Day Trading Crude without indicators.

    CORRECTION: My chart note should read stop loss 100.71 not 99.71. Got stopped out 100.84.
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