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I am fan of Joe Terranova but he made two BIG blunders recently. a) He wrote a lousy book . Considering he headed Mark Fisher trading division a while back, i was expecting some thing more on the order of Mark Fisher book. b) He first shorted AAPL around 525 a month ago and got...

I am happy you got something useful out of my posts. You got the key- find a trading method which appeals to you and make it your own.

03-06-2012 pre open. For my journal this will be my last post at ET. I will be posting at bigmiketrading It is getting tough to post at two sites. I will continue to participate with ET other forums.

03-05-2012. Going over some charts and saw set up during Asian session. Short 107.28. Cover 106.78. +53

Oil pit close

out 106.68. +23. 29 minutes of anxiety for 23 ticks. and if 106.50 breaks on VOLUME, i will be asking myself why i did not hold for target? That's the life of a small retail trader like myself.

03-05-2012 short 106.93. cover 106.62 +34 and cover 106.46 +50. I am short again from 106.91 with stop loss at 107.01. Nothing magical about stop loss. i am not worried about 11 ticks loss, i am protecting myself in case CL blasts through 107.20 and 107.40 with FORCE and form a C up. I am...

short of 106.84 . got stopped out 107.02. -18 ticks. Above 107.40, CL can run to 108. Looking for shorts as we have A down.

short 106.46. cover 106.20 not a good trade location . So scalp =26. After A down was confirmed. Couple of more shorts @ 106.48. 2 for gains of 50 ticks for cover around 106.24. On third one got stopped out at 106.61. -13 Now short from 106.84 into euro close. Done for now as we have...

03-05-2012. couple of stop outs plus one set up played out. short 107.38, cover 106.73. +65.

03-05-2012 Pre Open

03-02-2012 Price behavior from one POC to the next. CORRECTION= Chart should read - below 03/02 POC of 108.40, 107 POC of 02/29 and 03/01 becomes target.

I have not bought a market profile educational course, indicator package etc. from anyone and have no PLANS to do so. I do like to listen to various presenters to keep refining my understanding of the concepts. I do not take trades based of Market/Volume profile. To me , it is just another...

NOTE: Not sure why link is showing up as broke. Type Peter Steidlmayer in search tab of CME and it will take you to the link.

I first watched this video 2 years ago. All the concepts in this video made sense but i was not sure as to how to execute the trade. Selling or buying tail can be 100 ticks long and then next day go up another 50 ticks above previous days single print high and so on. Traders see it everyday...

Peter Steidlmayer presentation for CME on "VOLUME STRIPS". Unfortunately, Volume strips is not available yet as Mr. Steidlmayer talked about in his presentation. Still lot of good information as to how a pro like Peter looks at Supply/Demand...

03-03-2012. In attached file, i have tried to answer questions i have received over last 2 weeks or so. Questions like can a trader skype to trade along with me? , traders who want to collaborate with me etc. If my answers offend anyone that was not my intention. Just remember that not...

Oil pit close. For my way of trading, there were 3 distinct trading boxes. 1) 108.60-107.80 2) 107.80-107.00 3) 106.90-106.00 Plenty of trades within these boxes with reference points. trading edges of the box gave better risk/reward. Lets take the example of #3 box. Longs from 106...

Hi Mrbochin23, 1) I started with 45 minutes OR and i have so much screen time with this OR that I just stick with it. I now realize that on majority of days there is not much difference between 15 and 45 minutes OR. 2) C up does not happen very often. Just keep that in mind. I never...

Stopped out 106.39. Long again 106.14. out 106.54. +40.