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  1. M

    CL Redux

    I wish i was. No i am not. I do however use some of the concepts outlined in Mark Fisher book. Exceution is mostly based off his method.
  2. M

    CL Redux

    Reshort. Tomorrow DOE report will give further clues. Till then rotation within balance area.
  3. M

    CL Redux

    CL pulled back deeper than i anticipated but we don't count. We just hope to be on the right side. API report at 4.30 today will give further clues as to where CL is headed.
  4. M

    CL Redux

    Do not initiate a new short at ORL or a new long at ORH unless market is one time framing. Tried short in the morning - took loss and waited for better se up for short. Reshort 102.37 area, cover some 102 at ORL and had to cover rest as buy orders rushed in off ORL. Cover 102.33 and long...
  5. M

    CL Redux

    Thanks for the feed back. Will keep the set up in mind. I guess since i wa short from 102.94 and had just covered at 102- was slow to react. I did shorted CL around 102.81 and 102.88 and covered around 102.51 area. Reason for short? Picture is worth a 1000 words.
  6. M

    CL Redux

    Out flat 102. CL moved too quickly for my way of trading to try long. I want consolidation before trying long.
  7. M

    CL Redux

    Took some off and added to shorts as CL kept drifting higher. Still trading August contract. TOS automatically switches over to new contract.
  8. M

    CL Redux

    CL caught a bid on Russia Sanactions. But i am not going long till some nice pullback. Started shorts with small size around 102.30.
  9. M

    CL Redux

    got out 99.52 area and reshorted 99.68. Out some 99.10 and no longs till buyere show up. These 30 ticks bounce in between have been DEAD CAT bounces so far.
  10. M

    CL Redux

    Add to shorts 100.28. Out some 99.80
  11. M

    CL Redux

    1) short NY open yesterday. 2) reshort around 11.40 am eastern time. Now short 100.41. Small position size. Cover 1 100.10. Tight ranges, low volatility, long hold time- either no trade or small enough size that long hold time does not matter.
  12. M

    Topsteptrader

    Reposting previous post. In past posts, I have tried to describe the qualities that I have observed among very successful traders. I've also attempted to outline specific steps that traders can take to make themselves more successful. In this post, let's make the discussion more concrete by...
  13. M

    Topsteptrader

    I have been told that my previous post is hard to read. I am not sure why becuase it looks OK on my screen. Sorry for the confusion. I am not sure how to fix it.
  14. M

    Topsteptrader

    AustinP and Pekelo had made excellent points regarding Topstep prgram. I follow Brett Steenbarger. He has coached 100's of traders at very high quality firms. Follwoing write up from him shows many things. One thing which stands out that in a professional enviornment - making 20% a year...
  15. M

    CL Redux

    In the internet jungle we have all kinds of characters with names like Ding Dong to Baby Powder and everything in between. They want entires, they want stop loss, they want trades called ahead of time, they want to see every trade and on and on without realizing my risk profile, account...
  16. M

    CL Redux

    Luckily I landed with Mark Fisher book first and then Al Brooks after reading couple of your posts. If i had landed with Brooks books first- may have given up on trading. NOTE: Just in case before one rushes to buy Mark book etc. According to Mark, he tried to teach his ACD method to around...
  17. M

    CL Redux

    No longs for me. On an A down day especially when trend for the week etc is down- to take a counter trend trade and try long, i need a flush down and then complete reversal of it. Flush down with complete revesal never came and thus no longs. Shorted again at 100.99 ( small position size)...
  18. M

    CL Redux

    Out flat 100.76. No longs yet. Waiting for buyers to show up or sellers to dry up.
  19. M

    CL Redux

    still holding runner on short from 101.93? Why - because i have not seen any buyers yet. Was waiting for CL to bounce around 101.70 area to add to short but no go plus lunch chop zone time was a factor for not adding to short.
  20. M

    CL Redux

    Some traders ONLY take joy when they see some lossess. No one likes to see just gains. Here is one from TF but since then it has turned into DARK GREEN and then some.
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