CL Redux
- Thread starter schizo
- Start date
Quote from BCE:
Out @.86 Probably goes to 93 now.
one helluva trade. very nicely done!
beats the hell outta me. after i got stopped out of my short from 91.50 at b/e, my brain went into a long fart mode.
Just to prove it can be done. We're no pansies with this go with the trend, wimpy, easy money nonsense.Quote from Visaria:
One of these days in which you go with the trend, and ride out the retracements.
Why on Earth were all you guys going long today?
Finally took what was there before it retraced to zero.
# 2:38p
BREAKING
Oil settlement is the lowest since mid February
# 2:37p
BREAKING
Largest one-day drop for oil since early May
# 2:37p
U.S. stocks battered; S&P 500 in correction
# 2:36p
BREAKING
Oil ends 5.8% lower at $86.63 a barrel
ADD: Hey, we may have lost tons of money trying to go long today, but at least gas will be cheaper.
BREAKING
Oil settlement is the lowest since mid February
# 2:37p
BREAKING
Largest one-day drop for oil since early May
# 2:37p
U.S. stocks battered; S&P 500 in correction
# 2:36p
BREAKING
Oil ends 5.8% lower at $86.63 a barrel
ADD: Hey, we may have lost tons of money trying to go long today, but at least gas will be cheaper.
The volatility is very low right now, so here is what I wanted to say.
BCE I want to know what you do and how do you procede when the price action is not so clear like today. Today was awesome day for profit and in days like these I am fantastic, but when the volatility is much lower and the price is oscillating in about 40 tick what do you use to take those entries which you showed yesterday ?
Do you use any indicators or specific chart frames ?
I personally use 6 charts: 1M and 5M for time and 150,400,1200 and 4500ticks.
Also I'm looking at the volume, which filters my entries multiple times and I have much less wrong trades.
But although that I can see so much information about the price, I can't see your entries as reliable à ccording to my charts. Big part of your entries was irrelevant to me and still can't understand why you was so long today, but nevertheless, you are still profitable. So how you do it ?
I'm mainly asking about your trades in congestion areas.
It is not a problem just to stay and do nothing, but if I can do more it will pay me more in future.
Want more and get more
BCE I want to know what you do and how do you procede when the price action is not so clear like today. Today was awesome day for profit and in days like these I am fantastic, but when the volatility is much lower and the price is oscillating in about 40 tick what do you use to take those entries which you showed yesterday ?
Do you use any indicators or specific chart frames ?
I personally use 6 charts: 1M and 5M for time and 150,400,1200 and 4500ticks.
Also I'm looking at the volume, which filters my entries multiple times and I have much less wrong trades.
But although that I can see so much information about the price, I can't see your entries as reliable à ccording to my charts. Big part of your entries was irrelevant to me and still can't understand why you was so long today, but nevertheless, you are still profitable. So how you do it ?
I'm mainly asking about your trades in congestion areas.
It is not a problem just to stay and do nothing, but if I can do more it will pay me more in future.
Want more and get more
Quote from BCE:
Just to prove it can be done. We're no pansies with this go with the trend, wimpy, easy money nonsense.
Luv it!!!!
Quote from BCE:
BTW
V, your broker called again and he wants to know what you want to do with that long you had when you started your break.
I already told him that you would take half and JD and the Don would share the other half - check your accts, probably already in there!