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scratched based on weak b/o

L .16

OK I have to hit the Ladies Room, so expect a big move as soon as I step away, lol!

Scratched on failure to thrive :p

Can we get a gap please??

L .09

Out +20 on 1t fbo of high. ADD: I'm a scalper, doesn't mean the long side isn't still solid :)

If we get an upside break, upper channel line is around .50

Maybe, if .16 can't clear with some conviction

L .94

Why do I watch these price levels? Because I want to know how much airspace below if I trade counter-trend (not worth it here for me), and I want to know where to begin watching for the next long entry setup.

5-min channel LTL @ 94.83, 20EMA @ 94.80. Edit: EMA @ .76

Pre market lower trend line S just became R @ 95.16, but the strength of the move up indicates to me that the opening high is likely to be tested at some point today.

I agree, that's why I keep my risk very small (15t or less). Price came up off a HL during 10:45 ET bar, downtrend might be turning, wait for test of 94.51 to determine if range, resumption of downtrend, or new trend looking for possible test of opening high. The 11:00am ET bar is strong bull...

The way I trade profitably is found all over the web and in books. The reason there are losers is 99% of those who aspire to trade for a living either don't do the work required to develop a business plan or they know what to do but just don't do it (yes, you can lead a horse to water, as Bighog...

I don't either, but Brian said he had significant success with whatever he was doing, so Mom assumes he has a plan and was trading it diligently :cool:

I've found that the more "scary" a trade feels, the more favorable the odds of success. If I put on every trade where I thought, "Yeah, but..." I think I'd be retired in luxury...

OK, you're forgiven :cool:

Before I started trading CL live I practiced in a sim account. I was a (mostly) counter-trend stock trader back then and I applied the fading technique to CL and it worked beautifully. If price kept going I kept adding and always ended up with a profit. Then in a single day, a trend day the...

Brian, this is your mother! WTH was that for? :D