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11.55 pm. DON'T MESS WITH A DOWN. Long 106.48. can not short at lows. My friend who swing trades ( mostly for a day or 2 days hold time) had long from 107.30 with a stop loss at 106.50. I see he got stopped out. It will be CRUEL if CL jumps/bounce to 107.50 area. But, one has to follow...

I fully believe regardless of how much Box trading setups i take, i will never be comfortable trading them. Long 107.12 -out 107.42. +30 I wish there was a way to turn off by BRAIN from thinking after identifying trading box and just trade the set ups. I am taking longs around 107.10 with 10...

10.40 am Looks like trading box is 107-107.80 for the time being. Long again 107.20 , out 107.54. +34 Looks like chart is missing in previous post. NOTE: If 107.80 and later 108.60 breaks to the UPSIDE with VOLUME, will try long on pullbacks. Otherwise longs around 107 area, all i am...

10.40 am Looks like trading box is 107-107.80 for the time being. Long again 107.20 , out 107.54. +34

Had everything lined up in terms of CONTEXT, PRICE ACTION. Short of 108.54 and cover at 108.12 is the way i trade. What I did not do on BOUNCE from 108.04 to 108.28 is not good. I do not mind booking 40 ticks all day long but it also stops me from getting bigger moves. A trader has to be...

Daily pivot, pivot range at resistance set up. short 108.54. Cover 108.12. +42 OR is 108.55-108.02. Amazing , how this OR defines as to what lot of traders who use this method are thinking.

03-02-2012. pre open. Out of long from 107.73 @108.12. +37.

globex trade. short 108.36. cover 108.09. US $ up and trading box 107.80-108.50. +27 Ideal target is 107.80 but the question always is how long one want to hold for extra 20 ticks. Plus, i want to see if i want to try long around 107.80 area. Long now 107.73. NOTE: I posted my P&L...

As day traders we have to be right with our bias, direction , time of the trade and stop loss. A pretty tall order. Here is analysis of different time segments of 03-01-2012 trading day. Every day mostly between 12-1 pm eastern time, CL forms a trading box. A trading box is very predictable...

Oil pit close. I am glad for traders who are long from 107 from yesterday. I will take my 30-50 ticks per setup all day long. It is very HELPFUL to go over Support/Resistance levels at the end of the day and see why VOLUME showed up at certain levels.

and MP chart.

ANATOMY of 146 ticks between 12.20 -1.38 pm. Combining market profile and ACD. We have a confirmed A up but i am not taking breakout with ABCD number of -3 and 30 day Cumulative number line of 2. Pullbacks suit 45 minutes OR any way. After A up was confirmed , long was 107.80 and out 108.36...

The games market makers play on INSIDE DAYS. Explanation on chart. Long 106.82. Out 107.34. +52 NOTE: Explanation on chart is in response to various questions. Following is further explanation as chart did not have enough space. 1) I do not draw trend lines, triangles etc. on time frame...

short 107.92. cover 107.50 +42. Seems like sell high of OR and buy low of OR had some chance of success since 9 am. Two reasons for short. 1) $ is moderately down but no meaningful bid for CL. 2) More importantly, CL is stuck in trading box, and instead of trying to figure out if...

What forcing trades will do to a trader when there are no set ups per his/her method. There are failed A up set up this morning but no follow through- it's been like trying to catch a jumping rabbit (lol)

03-01-2012 Pre open.

02-29-2012 short 107.10. OR high/daily pivot after A down set up. cover 106.80 +30

Oil pit close. Tried short 106.36, stopped out 106.51. -15 ticks. Now short from 107.10 , at today's POC. A day to remember.

Long 104.90 ( last week low 104.61). Out 105.38. +48. Close under 104.55 will signal a reversal turn into sustained correction phase.

long 105.42. out 105.84. +42. new swing low, plus expecting some bounce from short covering along with 5 minute exhaustive bar were there to guide.