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That's Kylie from Fantastic Mr. Fox, one of my favorite movies ever. That's the look Kylie gets when Mr. Fox is explaining his plans. He just loses connection and zones out. Yesterday's price action made me look just like that, LOL! I think the entire time I've traded CL I only used 2-3 pip...

Made my day! :cool:

Yeah I wondered the same thing. If I had that kind of take home pay from a regular job, I'd put away $6K a month while testing my "edge" in a demo account and if I demonstrated the discipline to execute it and proved solid after 6 months of trading, then I'd go live with it. In the meantime, you...

A bit off topic, but I've been curious for some time whether anyone (Mav?) knows what the largest "liquidity hole" was in CL over the past 5 years. I've seen 300-tick moves on a chart in the space of a minute during the overnight session and I've seen 50-tick gaps on the CL inventory report in...

The 21-tick slippage happened when I had an initiating buy stop 1-tick above a small symmetrical triangle in the middle of nothing special (in other words it wasn't a break of a high or low in a strong trend or anything like that). If your strategy uses hard stop loss orders and you were...

With $13K and trading the morning session hours you indicate, your edge should take care of your P/L readily. I don't think you'd be able to qualify with TopStep trader as a micro-scalper. Although it's rare, I've been slipped between 8 and 21 ticks trading CL and that was on minimal size...

Vis, never place your stop 1 tick above a round number, always 1 tick below!!! :D P.S. - That doesn't really work..."they" still find you...:p

Also, 86-87 level is 20-day EMA. (I think the spider that draws your trend lines got hold of some coffee :p )

(c)rude oil :eek:

Although I trade price action and news is meaningless to me, I'm curious where this sort of news is announced.

Learning how to join a strong trend because in a strong trend "they" got your back :cool:

Here's my favorite advice regarding this:

Did he stay at a Holiday Inn Express?

"We didn't lose the game; we just ran out of time." - Vince Lombardi

:confused:

I agree and I'm not one of those people.

The only thing the market ALWAYS has to do is stop moving lower when it hits $0. This was the reasoning I expected in response to my post. This belief is known as the Gambler's Fallacy, which is explained in detail here: http://en.wikipedia.org/wiki/Gambler%27s_fallacy The truth is...

Brilliant, Jack! I would translate this for those whose brains seize up at the notion of serious study, but by doing so I'd deny those who are willing to work the far greater probability of success that derives from heuristic learning. I'd also like to know the reasoning behind a...

This method of studying price action was my personal Holy Grail. I PM'd RN with a question years ago and he thought I was asking something different and answered in a way similar to the above post. I looked at the example he referred to in his reply to me and at some point not long after that...