CL Redux

Quote from Visaria:

So as an example, say we calculate point A to be 90.00. We watch as price hits and goes through 90.00. We wait for the correct amount of time to pass, say 10 mins. At the end of 10 mins the price is now 91.00. Would we buy at 91.00?
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Stop loss will be below 90 e.g 89, if i want 2 points stop loss , i will buy at 91. Like i said previously, it will depend where daily pivot, 3 day rolling pivot is in relation to price etc.. , plus context.

You should finish the book and paper trade ACD system to get a feel for it. In the meantime, you can continue LIVE trading with existing method. When you feel comfortable with ACD, you can make it a part of your existing system.

It took me 3 months of paper trading to get a sens eof ACD and then i combined it with my existing system. Now ACD is my main system and rest is secondary.
 
Quote from mfbreakout:

Ignore magenta lines- those lines represent something I am testing. OR is 8.30 to 9.15 and A up or A down is 8 ticks. C value 13 ticks for CL.

Traders use OR based on their style and preference. 5 minutes , 10 minutes etc.. from 9 am open.
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those magenta lines have been working well, at least this week. they're pretty close to what i use.
 
Quote from DonCorleone:

those magenta lines have been working well, at least this week. they're pretty close to what i use.
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what does your magenta lines are used for and what are they? I am just testing a smaller time frame OR to see if i want to aitch to smaller time frame OR.
 
Quote from mfbreakout:

what does your magenta lines are used for and what are they? I am just testing a smaller time frame OR to see if i want to aitch to smaller time frame OR.
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i've been using them as my OR. they fit my style pretty well.
 
Quote from mfbreakout:

Stop loss will be below 90 e.g 89, if i want 2 points stop loss , i will buy at 91. Like i said previously, it will depend where daily pivot, 3 day rolling pivot is in relation to price etc.. , plus context.

You should finish the book and paper trade ACD system to get a feel for it. In the meantime, you can continue LIVE trading with existing method. When you feel comfortable with ACD, you can make it a part of your existing system.

It took me 3 months of paper trading to get a sens eof ACD and then i combined it with my existing system. Now ACD is my main system and rest is secondary.
More...

V well, thanks for the response :) .
 
GM all

10:30am EIA Natural Gas Storage Change est. 63 range 53 to 68 prior 55



11:00am DOE Crude Inventories est. -2000K range -4000K to 1500K prior 5281K

DOE Distillate Inventory est. 500K range -3000K to 1500K prior 363K

DOE Gas Inventories est. -1400K range -3000K to 500K prior -2795K

DOE Refinery Utilization est. -1.00% range -3.0% to 0.95% prior -1.10%
 
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