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A WORD ABOUT STOP LOSSES AND DAILY LOSSES: I believe in Mark Fisher method of trading like a boxer. A good boxer keeps on taking small jabs but never takes a KNOCK OUT punch. I always have 2 kinds of stop losses. One is a stop loss based of 45 minutes OR- that's a stop loss which tells me...

. Got stopped out 99.84.

Wolfpacker, From what i can see you are a pure PRICE ACTION trader and it seems to be working for you. No reason to keep on SEARCHING. There are other traders in ET community who have posted 100's of charts ( sorry no LIVE trades calling) who are REAL traders. Why would a real trader...

Wolfpacker , no reason to be OPEN MINDED just keep on doing what you are already doing. I do get stopped out 3-4 times a day but who wants to show losses in a FANTASY WORLD? There is NO REAL trading going on, so why RUIN FANTASY WORLD? Here is the SECRET " Just do opposite to what I do"...

02-13-2012. CME has halted CL futures. Praying that i do not get stopped out 40 ticks higher than my stop loss of 99.71 when it opens.

02-13-2012. Clues to add to position size if one is short in the morning after 100.30 POC level was not defended this morning.

01-13-2012 Failed A down set up off euro session low of 99.37. 2 trades +86 ticks. This idea That market makers like to test 3 boxes on majority of the days is i got from Shopster after he posted his charts. Thanks shopster. 3 boxes: Asian session High and Low euro session High and...

02-13-2012 100.65 potential resistance and failed A up trade. +74

02-13-2012 Decision points.

02-13-2012 first trade of the day +30

02-13-2012 Monday pre open. Overnight inventory long. Will be interesting to see how NY traders respond to Glob-ex session micro bullish stance. CL 30 days number line is -13 vs E-min 30 days number line is +18. Basically means to sell any rallies of CL at resistance and be looking for...

02-09-2012 Oil pit close. +200. I used to look at charts all the time, wondering why i can not go long at bottom and short at top. Luckily, some one showed me it's a loosing proposition for a day trader. At least for my way of trading it was not possible to hold for 100+ ticks moves on 80%...

1.30 pm. missed set up off 11.15 pm bar. Set up is for Euro close expecting a pull back into the close. CORRECTION; Time on chart should read 11.40 am till 1.30 pm

Why I only trade Crude Oil? This in response to a question i got. My trading method based off Volume bars which identify MOST IMPORTANT PRICE OF THE DAY seems to work with crude but not with many other trading instruments. E-mini has so much volume, my method does not work on it...

Out 98.62 flat ahead of London close. +38

Price action and pace has slowed down , so system 2 of the brain ( rational one, lazy one) is saying you have 144 ticks , time to chill on Friday afternoon. System 1 side of the brain ( impulsive one, the one who executes trades) is not happy with system 2 for not responding. Neither of...

waiting to see what happens at 98.30

10 am news out and CL still found buyers above 97.50. +36

POC per market profile