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US dollar up, commodities complex down BIG, ES at 1175 resistance and weak action of CL over last 2 days were all lined up. +160 ticks.

short 107.10. stopped out 107.21- -11 ticks

1st trade +45 ticks. MIPOD ( most important Price of the day) per 8.30 am news and OR. OR is set at 107.13-106.44.

02-29-2012 Set ups, I would have taken if I was around during Globex session. CORRECTION: chart should show time of 8 pm for long set up instead of 8 am.

02-29-2012 Pre Open. Lots of news till 10.30 am. Hoping for good VOLUME spikes at key Resistance/Support to take trades. FOLLOWING IS IN RESPONSE TO QUESTIONS WHICH IS LONG OVERDUE: I do not trade Elliott waves, Gartley patterns etc to take set ups. Some of my friends trade those...

Next chart.

02-28-2012. Post analysis of missed opportunities even though i had a plan per my pre open chart notes and other notes from yesterdays price action.

This is in response to a question as to how did i decide to go long at 106.34 into 02-28-2012 close. RULE: I take clues from better Volume indicator only at Swing highs and Swing lows. It's just a tool like an other. For example, there were no clues from this tool to take short position...

02-28-2012. Missed the short when trading box was broken to the down side. Had to wait for price to come to support area to try long. It's difficult to see price come down $1.40 in front of your eyes while waiting for price to come down to support but RULES are important to follow. Net...

short 108.54 into euro close. +34. Now long of Asian session low. I like low VOLATILITY market- only problem is one has to hold for 30 minutes or more to make 40+ ticks. Traders who get used to VOLATILITY get bored. I get bored too but try to trade what we got. Following is in...

02-28-2012 ist trade . short 108.64 , cover 108.12. +52. Tough day, had couple of stop losses at open as i had bearish bias. ES at major resistance but refuse to go down. CL yesterday price action weak, NO FRESH NEWS out of Iran , LTRO tomorrow from ECB, API ( American institute of...

02-28-2012 pre open CORRECTION: price levels in red box should read 109.97, 107.24 and 104.50.

I do not want to get into discussion . I shared what i pay.

$2.50 all fees included. $1.25 per side. Have not found anyone who can match that. Only way to lower commission below this is to lease CME seat.

cash close. +38. Monster volume spike showed up at support.

Trading the box. +14, +50. Who says trading CL does not require patience and luck? Mostly done for the day, unless i see a MONSTER VOLUME spike in either direction.

Euro close set up . +34. One of these days, I will hold a trade to it's full potential target. (lol). short 109.34, cover 109.04 and 108.90.

02-27-2012 Tough trading day. However, still there were some set ups. +44

01-27-2012 Pre Open

Thanks for your help, and quick response, I still have some questions and a little confusion, on the 5 bar explanation, I do not if you mind, but will love to chat with you through SKYPE, this is my user: mrbochin23. Once again thanks for your help. . 5 minutes Volume bar exhaustion...