CL Redux

Quote from NoEmotions:

SIM
shorted 81.89
stop to BE
hoping for new LOD
More...

out + 400 on this trade , again re entered and lost 100, so net $300 on this setup.
CL is bouncing back up, I was lucky , looks like for me greed is not good.
 
Quote from NoEmotions:

out + 400 on this trade , again re entered and lost 100, so net $300 on this setup.
CL is bouncing back up, I was lucky , looks like for me greed is not good.
More...

Greed was good if you were short at the open.

Also if you were bottom-fishing at .30-ish.

Nice trade, congrats.
 
Quote from mrbochin23:

I am waiting for a break of 81.35. to go short.
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Welcome back MrB.! You have inspired me to purchase the Windotrader software and I've just finished reading Markets in Profile for the 2nd time. It now seems like for the last 6 years I've been clueless. Now I at least know why I'm wrong!
 
Quote from riskaddict:

Welcome back MrB.! You have inspired me to purchase the Windotrader software and I've just finished reading Markets in Profile for the 2nd time. It now seems like for the last 6 years I've been clueless. Now I at least know why I'm wrong!
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I am glad that it helped. Like I always say, any questions feel free to ask.
 
Quote from mrbochin23:

I am glad that it helped. Like I always say, any questions feel free to ask.
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Mr. Bo Chin, do you re-evaluate your profile as the session progresses? For example, right now, it seems we're building a new value area between 82.00-20 and 81.40 with POC at 80.60-ish.

Or do you stick to your initial profile for the rest of the day?

Thanks.
 
Quote from Picaso:

Mr. Bo Chin, do you re-evaluate your profile as the session progresses? For example, right now, it seems we're building a new value area between 82.00-20 and 81.40 with POC at 80.60-ish.

Or do you stick to your initial profile for the rest of the day?

Thanks.
More...
I use yesterday Market Profile, I star taking in consideration todays MP after 1PM, if it has a define structure, like a "big belly" that's when is in Balance,
 
MP looks interesting, I read about it few years back but never thought of actually using it,I will see how I can use it in CL.
e.g. if I knew about MP usage today I would've waited till 81.40 , 100 ticks instead of just taking 20 ticks.
I have downloaded the book Markets in profile.
 
Quote from NoEmotions:

MP looks interesting, I read about it few years back but never thought of actually using it,I will see how I can use it in CL.
e.g. if I knew about MP usage today I would've waited till 81.40 , 100 ticks instead of just taking 20 ticks.
I have downloaded the book Markets in profile.
More...

Yes its good, and also tell you pretty much what the market is trying to do.
 
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