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CL for Sunday 3 - 8 -2020

I decided to trade this at exactly 3:00 pm PST on Sunday. I was looking for a short. Chart is not working and you can't see price bars due to massive volume. However, the DOM was working, and also the trade chart buttons were working. So I was able to place a trade with no set stop or...

So as noted the above news is bearish for oil. If this comes out during market hours we could trade this news to the downside. However, since the news came out before the market open, we see price has spiked down and anyone who is long with a stop gets stopped out as market open. Not only that...

https://www.cnbc.com/2020/03/08/oil-plummets-30percent-as-opec-deal-failure-sparks-price-war-fears.html "Oil prices plunged 30% in early trading Sunday night after OPEC’s failure to strike a deal with its allies regarding production cuts caused Saudi Arabia to slash its prices as it reportedly...

In this tread, I will give analysis on trading futures using Economic news. As noted I am a PA trader, so many trades are scalping trades. I have posted some trades in other forums before I made them, but this is hard due to time I have to activate the trade and when how fast it will hit it's...

Can u post a chart of one of your trades, so I can see an easy trade? I just been scalping. If u wait 2 min the price will move up or down 2 points no matter where u get in. So if it goes against u, u can wait till it then turns around and goes in your favor.

We don't need to assume. Since my target was hit, it was proven to be a resistance. Remember there is no such thing as 100% TA or PA. After trade was made, the % I was correct increased due to price not being able to break above the resistance that was forming and that other futures were falling.

CL made a HH, which while current trend is up, can be traded short for a scalp. We don't watch the trade all the time, but we do see resistance is forming. Although not shown and not always correlated, ES has already made a LL. We stay patient although I did raise my target by 1 tick, I could...

Note to be able to login to your apple ID without having to remember security questions do the following: 1) On your Iphone, setup two step verification in settings and make sure you have or already have a recovery e-mail address. 2) It will ask for your current Iphone phone number, put it in...

Was getting some issues on Spectrum watch TV on my computer connected to wifi. I called them, and they suggested I go to a Spectrum store and get their new DocSis 3.1 modem. I plan on doing this, since I read another post that says companies like Spectrum no longer want to upgrade firmware...

Here's some good rules. 1) If you are feeling any emotion during a trade, don't take it and/or kill it. Also, before each trade mentally prepare yourself that it can and will be a loss, if you are not ready to accept a loss at that time, don't initiate the trade. 2) Set a daily loss amount...

Obviously, the high of the day is resistance and the low of the day is support. However, that does not mean either will hold when price comes back to that level. However, in say an uptrend, supports are more likely to hold than resistance levels. If you see sideways price action and/or HH...

I have fixed some other issues: 1) Sometimes the cable to the modem becomes lose. If this happens, turn off the modem. Totally unplug the cable wait 20 secs, then screw it back in. 3) If you have other wlan network adapters besides your usb wireless one for the desktop, disable them in...

Thanks I will check it but I did update my router not that long ago. Also, after the last patch my time on PC will no longer sync. There is no information from Microsoft to fix this issue. So I guess I will wait for another major Windows update to see if it's fixed. As a work around solution...

This is my win percent from the last week including today using my most updated understand of PA and TA combined with my belief on where price is headed. If you can achieve a high enough win % on equal risk vs reward, then you can over time have a successful trading system.

"Most Price Action is Random Technical traders tend to attach plenty of meaning to each bar or candlestick, agonizing over its relation to others, searching for chart patterns. Adam takes the view that the vast majority of price action in any market imitates a random walk. In these market...

So in my trade on CL today, I decided to do 2 contracts. High resistance was far away, so I wanted to kill one of the contracts if I saw a candle go above minor resistance or take small profit at a minor support. So I see a candle form above the minor resistance and try to kill one of the...

Then you would be wrong. 5 min is not noise in futures and never has been. Fills in ES are easy since hundreds of contracts can trade per tick so with limit orders there is NO slippage when one is trading 1 - 3 contracts. Maybe you are confused with high frequency stock trading which I don't...

Yes, if you are using a 5 min or lower chart, and you have ether multiple green or red candles in a row, you have a higher probability of the same color candle assuming you are not already at a support or resistance level.

I think I need to add more contracts when I see that I am right about the trade. For example, some trades may be pure TA, and some you just know that you are right based on PA. The ones you know are going to work out, you should try to add more contracts.