CL Redux
- Thread starter schizo
- Start date
We keep on knocking on 83's door and it keeps slamming it shut. Though we did settle nicely at the highs on Wednesday, the volume up still just looks weak. However, the true sign of supply and demand (price) still says up. Until the lower trend line on the 60m is broken to the downside, we are still heading up. The market did not waste much time establishing a base at 81.14 and then pushing up this evening (I took 5 trades during this period).
We will face the moment of truth either during globex or early tomorrow, as we are running out of time to choose up into the 83's and higher, or down (at this point a break of the TL would have us at 81.50, as morning rolls around that will be closer to 82.00).
We will face the moment of truth either during globex or early tomorrow, as we are running out of time to choose up into the 83's and higher, or down (at this point a break of the TL would have us at 81.50, as morning rolls around that will be closer to 82.00).
is it just me or is today's action just freakin fast? 
was waiting patiently for 83.00 to come back around and it blew past it scaring me out of my trade. gonna wait patiently for us to touch 83.00 again.
Quote from JoshDance:
Seems no faster than usual to me. Maybe they upgraded your internet
maybe i'm just gettin old...
inverted hns on 5 min?
Hi, Guys 
Busy right now but having a good morning trading TF.
I did want to comment later more on my trading the last few days. I was thinking more about it last night and although I've done great money wise, I don't like the way I've gone about it at times. Don't like some of my trades. Got away with some bad executions basically. Not all of them, but some of them. I'll show you later maybe what I mean. I'd rather stick with my rules and make less at times then to take on more risk by doing things like averaging into losing trades.
It has been a bit difficult at times with all the volatility, but one needs to find ways of dealing with that without kind of winging it. I'll show you what I'm talking about later as I have time. Hope everyone's doing well or if you didn't you at least learned some good lessons.
Busy right now but having a good morning trading TF.
I did want to comment later more on my trading the last few days. I was thinking more about it last night and although I've done great money wise, I don't like the way I've gone about it at times. Don't like some of my trades. Got away with some bad executions basically. Not all of them, but some of them. I'll show you later maybe what I mean. I'd rather stick with my rules and make less at times then to take on more risk by doing things like averaging into losing trades.
It has been a bit difficult at times with all the volatility, but one needs to find ways of dealing with that without kind of winging it.
I'll show you what I'm talking about later as I have time. Hope everyone's doing well or if you didn't you at least learned some good lessons. Quote from BCE:
Hi, Guys
Busy right now but having a good morning trading TF.
I did want to comment later more on my trading the last few days. I was thinking more about it last night and although I've done great money wise, I don't like the way I've gone about it at times. Don't like some of my trades. Got away with some bad executions basically. Not all of them, but some of them. I'll show you later maybe what I mean. I'd rather stick with my rules and make less at times then to take on more risk by doing things like averaging into losing trades.
It has been a bit difficult at times with all the volatility, but one needs to find ways of dealing with that without kind of winging it.
That's one of the big things I'm working on too. I can make money most days now, but I'm often not happy with how sloppy my trading is. Yesterday I made a lot of "fake" money & traded very well, so I'm making progress.
I think Josh mentioned in another post that some days his trading just felt "dirty" when it was all said & done.