CL Redux

Quote from mfbreakout:

There are only 2 ways to trade CL. Either swing trade over 2-4 days period and get real ticks with stop loss wide enough to avoid noise or fight like hell every day while day trading.
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WRONG, WRONG, WRONG! There is only ONE way to trade CL:

Quote from spanish89:

Option 1- You listen to all of what i tell you, AND you then actually DO the actions that i tell you to do.

OR

Option 2- You follow your current stratergy which will lose you almost all of your money in a few weeks - few months.

And so if you want2 trade Oil you i am your master, simple as that.

You ONLY ever enter a trade on oil is when it has moved minimum 8-9% in 1direction without more than a 1.5usd pullback during that move, and without any strong fundamental news causing that move.

You then wait until it forms a reversal formation pattern on the 1-2minute chart,
and then you short-sell if the 9% move had been upwards/buy if it had crashed 9%,
and you are then extremely likely to endup having profitale trades over 95% of the time,
and trades which have extremely little potential of moving much further against you from your entry.
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:p
 
Quote from NoDoji:

WRONG, WRONG, WRONG! There is only ONE way to trade CL:



:p
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This by the way is a very very good trade. Its best to sit on your ass for a month and wait for huge moves of $5-$10 and enter on retracements. Guaranteed $$$
 
Quote from NoDoji:

WRONG, WRONG, WRONG! There is only ONE way to trade CL:

:p
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Hey blotto, she back for more, I handle this one buddy. Heh, heh, heh!

There is something I wanted to say to you for along time Nodoji, you done nothing but post charts with detailed posts about how you trade, answered countless questions, apparently a lot of behind the scenes help, I am sure answered more PM's then you can remember. Been a positive force on ET for a few years now and asked for nothing in return.

You have been honest about your trading from the beginning posting the good and bad, showing P&L's etc...

Don't think we don't know who you are young Lady, you have demonstrated it daily with all of your posts.

There is a saying in basketball, when the ref calls a questionable foul and the other team is shooting a free throw if they miss we say "the ball no lie" (in other word the ball knows the truth) well with you I guess we would say "the posts no lie".

You owe me one blotto.
 
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