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As I sit here having scratched my way again with 20+ trades to just over breakeven (+20 on the day), I contemplate how it could have been so much easier for me today. I shorted the break of the 10:10ET bar, and was in +35 when I moved my stop to BE+7 or so, at which point I was taken out. My...

Hope your internet doesn't go out if you're on the wrong side of a move when CL moves 50 ticks in 15 seconds like it does quite often.

Thanks, good info--did you plot support and resistance levels that were longer term as well, if you use those in your trading? For example, I can zoom out the 5m to the max and still not necessarily see the S/R from longer term charts--which means synchronizing all the charts I would use (I...

NoD, was this back testing? I'm curious because I have had difficulty back testing anything discretionary due to the variables that exist every day that do not show up in historical charts--for example, was price moving in a "lazy" way or was it enthusiastic? That spike of movement and feeling...

I've scratched my way on 23 trades to +26 ticks .. just using channels on a tick chart, my 5m is pretty useless to me today. Way too much work but it's the only way I can trade a day like today.

Seriously, could you please put more than one sentence per line? They're called paragraphs, used to organize thoughts... one of your posts fills my entire screen, and it could all be condensed to a third that size.

What time frame do you normally trade? Pick something, something simple, and stick to it. Just watch the charts. Forget P/L, forget money, just watch. Forget entering and exiting trades--just watch how price moves.

It would have worked this time but this is not really a generally good strategy. 10 ticks in oil is noise, and moving to BE after it's +10 is almost guaranteed to get good trades stopped out most of the time, before it has room to work higher. Something that's missing in this discussion on...

Anyone else want to try to call a bottom? Panic, panic, irrationality. 20K contracts in 5 minutes and 7K in 1 minute.. don't know if I've seen that much before. Just click the sell button on that move. Blows through Weekly S2, daily S2, previous support, May's low, etc...

Thanks for your message NoD, and I'm very sorry to hear about your friend. See you when you return.

CL is truly one incredible instrument. Moving up strongly in the morning, then down 400 ticks from the high, and it just keeps on plugging along.... I see no reason to long this... longs are just continuing to provide liquidity to the shorts, who have the easy ride. Any guess at a bottom is...

Hi NoD, I'm attempting to get clarification on what you mean, the pic describes what I think you mean. By the way I sent you a PM, did you get it? Perhaps you're ignoring me which is fine too, just making sure that you did in fact get it :-)

what a bitch

Thank you, updated post :) Update: stop hit ... thought this up move had more steam, was looking for a test of 100. .. just when I think I can read CL, it shows me who the boss is.

long 99.48, stop .25, target 100.45

Just my thoughts on your chart. 300V is a very small time frame and while I use a 25 tick I do so only to time entries, my main charts for CL is a 5m, also a 1m. I would drop the MAs, especially since they're based on small timeframe HA candles. I would also drop the HA candles but to each...

Excellent thread, especially thanks to NoDoji and Xpurt ... I look forward to following and contributing to this thread so I can learn more.

If you understand what he's saying, and you already trade close to what he does, I doubt the chat room would help you much. But you could always do the 2 day trial and see how you like it. But if you're profitable and use a method that works, I doubt it would be helpful.

That's what I thought.

None of which Al Brooks does--he does not promote a "system" at all, does not use high pressure sales in the least, makes no claims of his own or of clients potential profits, and as far as I have seen evidence, does not cheat or lie. I'm talking about PROOF, you know, logical, fact-based...