CL Redux

your last trade is very nice. there is no optimal thing. the only way is BET BET BET to find the answer.
I thought crude pop and retraces, exactly as I imagine. but this time, I am patient, first I long, until bulls are tired. after I shorted it, I found it is like a dead cat, hit it and no response, the dumb thing I did is quickly reverse again and abssessed with july/june gap.




Quote from NoDoji:

I joked yesterday about putting on a trade and leaving for an hour. Today I did it. I churned my way to -$288 (not waiting for a proper entry signal), then got a proper entry signal, put on the trade (late because I was hemming and hawing about where to place a stop this time), put the f-ing stop above the pivot high, placed a target order 20 ticks below the pivot low (based on the "if it makes a lower high, it should make a lower low" theory) and LEFT FOR AN HOUR.
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Anyone still playing this crap? What a damn mess.

Now my broken crystal ball is telling me we're going nowhere. We're in the midst of a chop fest.
 
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