CL Redux

So did ya folks cleaned house today? I notice some of you were having a field day. With the exception of the swing trade earlier in the week, it was a pretty decent week for this noob.

Within the next hour, I'll be posting another intraday chart analysis of today's PA with annotations. I hope you chime in with your own analysis.
 
Quote from EON Kid:

Yes possibly a great swing short, which you swore not to do :D




Nice exit BTW
More...
For the record, when I say "swing", that refers to a MULTIDAY sit-on-my-ass-and-do-nothing trades and not 30 minute intraday trades. :)

I planned on exiting at the close anyway.
 
This is what I see in my chart

The detail

The harmony between the pivots

The symmetry and proportion

One curve flows onto to other

And so on, I could cover up one side of my chart and you could complete to some accuracy the other half.
 

Attachments

This is what you guys and gals see in your charts





To illustrate my point, if I covered half of this chart how well could you complete the other half?

The devil is in the detail :D

Have a good weekend all
 

Attachments

Quote from Snowman75:

Do you always make so many trades? Most of the entries are pretty good but why not cut down on the trades.

Great chart. thanks for sharing
More...
No offense but it always looks so easy in retrospect. Only in hindsight is such a question allowed. But you couldn't have been asking that same question while the market was open. I take my trades based on what I see on the chart. Sometimes I win (like today), sometimes I lose. Of course, there's always room for improvement and I constantly try to work towards that end.
 
Quote from schizo:

So did ya folks cleaned house today? I notice some of you were having a field day. With the exception of the swing trade earlier in the week, it was a pretty decent week for this noob.

Within the next hour, I'll be posting another intraday chart analysis of today's PA with annotations. I hope you chime in with your own analysis.
More...

I only had 2 trades, because earlier I was watching the calls here and gleaning a lot of info, actually. Thanks to everyone making the live calls.

I regret committing the cardinal trading sin of taking a 5 min break to get a snack at a time when a possible setup is in progress (test of previous failed breakout right around noon), and missing that awesome .40-.50 move (depending on your entry and exit).

But a +$930 day ain't bad. I'll probably only trade 2 lots when I go live, though. My only two live CL trades were 5 lots and I was too nervous to manage the trades properly, ended up leaving 3x profit on the table than what I took on the trades.
 

Attachments

Quote from schizo:

For the record, when I say "swing", that refers to a MULTIDAY sit-on-my-ass-and-do-nothing trades and not 30 minute intraday trades. :)
More...

30 minutes intraday in CL? That's a long-term hold!
 
Quote from BPtrader:

don't listen to them, most of these mf have no clue what they are talking about. they don't know what they don't know.
More...
When will BPtrader start posting his trades in realtime? Or will he remain as a contrarian indicator for our benefit? :D

Hey, he did say 85 after all, even if that's only a paper trade. You have my kudos bro.
 
You must log in or register to reply here.
Back
Top