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  1. M

    Day Trading Crude without indicators.

    11.37 am . CL dipped to 99.10 well below OR high, so in my book this A up is weak and unlike when we have a STRONG A up- where i do not mind BUY high and SELL higher, I will be careful with this A up. So longs on pullbacks and short into resistance.
  2. M

    Day Trading Crude without indicators.

    failed A down set up in ESH2. ES always require lot of PATIENCE to get paid.
  3. M

    Day Trading Crude without indicators.

    Failed A down set up at support. As usual CL required PATIENCE to get paid.
  4. M

    Day Trading Crude without indicators.

    Weekly Support: 99.67-96.22 Resistance: 102.31-103.16 UN nuclear experts arrived in Iran over the weekend. CL may stay in a range till UN findings comes out.
  5. M

    Day Trading Crude without indicators.

    01-30-2012 Pre Open. I get most of my levels from Fisher subscription service. Typically daily analysis is split into 2 categories. Helms is last name of the person who provide human discretionary analysis based on his experience. Computer: This analysis pertains to analysis of...
  6. M

    Day Trading Crude without indicators.

    The way I trade TOS is fine. I agree their data is slow. It's good to have a second account. So far fast data, I am looking into Advantage futures or Apex.
  7. M

    Day Trading Crude without indicators.

    " Lets reflect on whether any of these beliefs are helpful in our problem solving exercise: taking the most points a market offers." Discussion of those beliefs is not intent of my journal. I see that reflection on those beliefs is very constructive. Maybe there is a forum already there or...
  8. M

    Day Trading Crude without indicators.

    Sounds good. Please post your charts in the format i am trying to maintain this thread. Pre open, Mid day and close. If possible give source of your method so that it is easier to follow. Same for all the other traders who have PM me.
  9. M

    Day Trading Crude without indicators.

    "I was asking whether it was possible to know the destination in advance, before the level broke." R) There probably a way to know in advance but i do not. I am happy to keep shorting 100.74, 100.82, 100.84 and covering at 100.44 3 times while waiting for 100.40 to break. Once 100.40 breaks...
  10. M

    Day Trading Crude without indicators.

    01-20-2012 OIL PIT CLOSE. Morning sell off and A down damage was too much to overcome.
  11. M

    Day Trading Crude without indicators.

    01-20-2012 Final Chart of the day. DISCLAIMER; On my charts and commentary everything looks so EASY that it seems like a COMEDY. Maybe it is a COMEDY to some of the readers? At least one can look at their own trading log and see if they learned anything? My home town hero - Tom Brady-...
  12. M

    Day Trading Crude without indicators.

    Long of euro close. If it does not go down, it must come up is ONE SIMPLE MARKET RULE I TRY TO FOLLOW.
  13. M

    Day Trading Crude without indicators.

    short after A down. Cl hit low of the day by 11.04 am ahead of euro close. Covered most with some left to see if 98 gets broken. Lets put FEAR OF GOD in traders who are trying to COUNTER TREND TRADE (llol). Just kidding, i have done it enough time and still do it from time to time but only...
  14. M

    Day Trading Crude without indicators.

    9.32 am 01-20-2012 target for short from 99.40 is 98.50 to 99.30
  15. M

    Day Trading Crude without indicators.

    01-20-2012 OPEN
  16. M

    Day Trading Crude without indicators.

    01-20-2012 Pre open
  17. M

    Day Trading Crude without indicators.

    Hi Zen Student, While reading my response keep in mind that my trading style is based off ACD method- which is highly discretionary. That was the only way for me to get away from indicators. What work have you done to quantify the times when MP/POC does work? R) None. I have friends...
  18. M

    Day Trading Crude without indicators.

    01-17-2012. Last trade of the day
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