Quote from DimoDD1:
Hello !
I have been reading this thread and those who participate in it and it is very helpful. But here I have a request to you BCE.
I would like to know more about your method and how you place your orders. Because for my trades I use price action and everything is fine, but in the days like today I am not so strong. I am neither winning or losing which is not so bad, actually it is very good, because I already know or at least I think I know exactly what to do, I have a system and I follow it. But I'm interested about your trades. You can trade CL even in tight amplitude of the price of about less than 40 ticks, whilst I am waiting for some congestion, double- triple top, false breakout and etc. The regular stuff. Which as I suppose you already understand, I need to see more much more price action to take a trade.
For the present day I had only 2-3 possibilities for trades like I take. First is the short from 93.20 and the second is 2-2.5 hours later from 92.00 and another one before an hour from 91.87 but hit my stop on 6 ticks because I moved it when the price drops 20tick.
Monday and tuesday were wonderful days for me, but what to do in such days like today ?
So please tell me more about the trading in tight ranges, how do you take the extremum of the bar ?
Man what a selloff. I'm calling that the LOD, now but what do I know?
Saw your PM too but didn't see this post yesterday as I was leaving. I'm busy right now and not sure what you're asking exactly but we'll talk more later. Hope your day's gone great.