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Thanks DC, but I'd say you did well enough last week to give yourself a little break on that ;-)

Yet, I shorted when I closed the trade. Now at 88.05, 10 more minutes of patience would have yielded another potential 50%. I held through a 30 tick gain, a 30 tick drawdown, and when I had the chance to get 60 I took it-- it's harder for me to sit through profits dwindling than it is to sit...

Direction still clearly up and no reason to short, but I exited the trade at .65, given the time of day and that if I were trading this trade with real money, I don't think I'd want to hold through globex.

Well, I'm still long .05, and certainly seeing the price movement more clearly than if I were in and out of every trade every 2 minutes like I sometimes get around this time of day. Bias is still clearly long, but we may have a test for demand down to 86.40ish, and that has me a bit worried...

From the open to 10:30 it was a nice trending day! :D After that it has been up and down, but the bias has been to the upside the whole day. Will have to see if we get continuation up, or a late day selloff to 86.40 or lower.

Down leg seems to have found a reasonable conclusion .. let's see if this is real demand that can push it through up to new highs... wow it's 1:30 already, not much time left. Where is everyone today by the way? Mac, to your question about low volume, who knows, but it perhaps is just...

I SO wanted to take profit on the second push up to break y-day's high (failure).... I KNEW it would retrace but tried to stick with simply holding it. I'm not sure this style of trading will work for me. Perhaps some middle ground would be best. :) The place it retraced to is rather...

I'm simming a longer-term trade here. Long .05, stop .63, target 88.71, the 100% extension of the move (beginning 85.15) ... let's see how patient I can be here.

Obviously stopped out on that trade last night :) oh well, worth a try with small risk. We are creeping up this morning... buyers are STRONG so far, buying anything... have not even been to the 1m EMA since the open... counter-trenders are easily lured into this because the buying is not...

I'm long .34, stop .28, and looking for 100 ticks, up to 86.40 :D And hello everyone, hope you had a good weekend! EDIT -- heavy offer at .42, seems to be the real deal too, but they are trying to lift it (just currently not trying enough).

Amen Zr -- "core principles with price and volume" ... I can picture your LPS and LPD, but a visual would be great. Reversal bars ("hammers with long tails") are my favorite thing to trade -- but as you say, the context must be there or they are great for luring in suckers. What type of...

Thanks for the analysis Xspurt. From my readings of Wyckoff, I thought he was more of a "big picture" guy who sometimes looked at individual bars, but other times looked at a cluster of bars. VSA analysis, which is not Wyckoff by any means, tends to look at EVERY bar and my understanding is...

Nice trading guys. I took that in pieces (sorry, can't sit through multiple 40 tick pullbacks...) and made some, but not enough (probably 40 ticks total).

Short .15, I'll be this is going nowhere but chop, and kills all my profits for the day.

Out BE on this, what a load of crap. 600 contracts pushes it 50 ticks from the high.

Tried another long and got burned -5 so short .11 now

I am long .48 and stop .40, let's see if I get jerked around here again EDIT -- yeeep.

Out .36, ouch. Let's see if this is a shakeout or down for real.

Will predictively long .50 and close quickly if it's a no go to .60 or beyond.

Dang blast it, After the push up to .24 off the 86, I was set to long the return to the vwap at 86.12, and my freaking internet goes out. It was in and out for the prior 30 minutes, then came back and I thought it was going to be good for the rest of the afternoon. By Tuesday of next week...