CL Redux

Quote from NoDoji:

Buying 100.90 was actually a strong counter-trend entry. Holding for 103.80 is patience.

I took a little range scalp once price finally closed above the 20-EMA earlier, had a bite to eat after that, then bracketed 101.32 and 101.65. No bias, pure price action.

ADD: I was a little peeved I got slipped 3 ticks on the entry :p

so in this case, where did you place your stop once you got in at 101.65? it moved down to 101.34 before it launched on a rocket.
 
Quote from DonCorleone:

so in this case, where did you place your stop once you got in at 101.65? it moved down to 101.34 before it launched on a rocket.

My initial stop on trades is 20 ticks, but in this case I moved it to b/e pretty quick :)
 
Quote from cstfx:

more like guarantees it, imo.

Police got information of the protest rally, planned their course of action and imo passed some vague information to their traders, or information was leaked to traders who can afford to pay for it. just my crazy opinion :eek:
 
Quote from NoDoji:

Calling it a day. Not every day you get the equivalent of a swing trade in 10 minutes :cool:

we are not worthy
worthy.gif
WTG


hmm ain't that interesting the open an close are very close together
 
On the same price movement people have opinion bases on
Fundamental based bias
Price action
Indicators
......

The important thing is keep what works best for you and having conviction to pull trigger when the world is against you.


Quote from NoDoji:

Buying 100.90 was actually a strong counter-trend entry. Holding for 103.80 is patience.

I took a little range scalp once price finally closed above the 20-EMA earlier, had a bite to eat after that, then bracketed 101.32 and 101.65. No bias, pure price action.

ADD: I was a little peeved I got slipped 3 ticks on the entry :p
 
Quote from NoDoji:

I try to do those range brackets after the range has been in play for a while. Last time I failed to bracket a range, I missed a huge move. When they break they just break too fast and you're not sure if it's safe to chase.

GREAT trading NoD!

Curious, what time did you decide to put in the brackets? Looks to me like you would've had to have correctly chosen the small window (1:10-1:20ET) to get the main b/o, unless you also took the 12:40 one (12:30 too?) and exited for less than .20 (-?).

Again, excellent job!
 
- France officially recognised libya rebel national transitional council as true representative of Libya

- US ordered to close Libyan embassy after cutting ties

Source CNN tv

Quote from InvestVision:

News US govt. cut ties with gaddafi govt. , CNN
 
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