CL Redux

Quote from 4Rings2Snails:

That 11k car bar sticks out to me. Looks like downside stopping volume. The bar closed at the low and reversed from there. When they went back down into the range of that 11k bar (4 bars later) lower prices were rejected. Further, they're currently rejecting prices that dip into that 11k bar's range. Might see a break to the upside.
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Well I guess that was stopping volume...
 
Quote from 4Rings2Snails:

Very pretty sir. Mind sharing your reason for the long @ .37? Just curious.
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thanks, but bear in mind that im not a consistently profitable trader. Im not one of the guys in this thread that anybody should listen too, and as a result I tend NOT to share reasons for entries for fear of soundIing like I have any idea of what im talking about!
however:

One of my custom indicators (the same one that got me 4 losers in a row last thursday no less!) got me bullish from about an hour or so ago.

It then put in a higher low, and I was waiting to get long and used the bullish candle with the big lower wick as my trigger.

Hopefully the chart makes it clearer.

That win puts me about breakeven on the day.
Not a good day, but was a lot worse earlier on!!
 

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Quote from EON Kid:

oh no, not again, I had the pom poms out :(
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Thanks Kid... :(

Went long at .88 (as per my post) near the open and was stopped out be to the tick only to see it shoot up to my 1 buck target (although that one I might have bailed at +.50).

Now I went to move my stop to be but missclicked to .76 (bamboo table hard on the mouse, hahaha), it went down to .75 and then - while my mind went paranoic about reentering or not - it went up non-stop (this one would have reached my target and then some).

Plus a few other trades these days...

Excuse me, I'm going to throw up now
 
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