Looks like it is headed back to test 96.42 area.
Day Trading Crude without indicators.
- Thread starter mfbreakout
- Start date
02-06-2012. Lunch hour doldrums set up with 3 sisters.
I do not mind keep on taking small jabs when no significant levels are getting BROKEN ON VOLUME as long as there is a chance of 1:3 reward.
I do not mind keep on taking small jabs when no significant levels are getting BROKEN ON VOLUME as long as there is a chance of 1:3 reward.
Well done Shop ! wish i'd seen your post a little earlier, got washed out by former run down !
great contributions from you, thumbs up !
Big thanks to mfbreakout for opening this thread. I have some difficulties to make the ACD method valid for me, but thriving !
keep going, you both are being followed closely !
GREAT. I do not see your chart. What this S1 is based off?
03-06-2012 Oil pit close.
Tough, tough day. 2 stop outs
Net 90 ticks. Just keep building my FIRE WALL.
Tough, tough day. 2 stop outs
Net 90 ticks. Just keep building my FIRE WALL.
You did well considering the action today. I really thought we were going to make one more run down to 96.42 but it petered out at approx 96.60.
The weekly level has been a magnet all day.
The weekly level has been a magnet all day.
02-07-2012 Pre Open.
EUR German Industrial Production n.s.a. and w.d.a. (YoY) (DEC)
Medium
0.9% 4.3% 4.4%
Looks like Germany industrial production of .9% vs forecast of 4.3% led to sell off during euro session. But CL got sold from OPEN session
way before industrial production numbers came out.
EUR German Industrial Production n.s.a. and w.d.a. (YoY) (DEC)
Medium
0.9% 4.3% 4.4%
Looks like Germany industrial production of .9% vs forecast of 4.3% led to sell off during euro session. But CL got sold from OPEN session
way before industrial production numbers came out.
02-07-2012 ist trade of the day.
58 ticks.
Other trading methods may have identified this short or may not. It does not matter. Other methods identify levels which i miss completely.
KEY is to find one which suits one PERSONALITY and stick with it.
My set ups will not mean a THING unless it suits one style.
My hope is to find fellow traders from whom i can learn set ups I am missing or improve my set ups with help from some one who is trading similar to my method.
That's why i do not mind sharing.
58 ticks.
Other trading methods may have identified this short or may not. It does not matter. Other methods identify levels which i miss completely.
KEY is to find one which suits one PERSONALITY and stick with it.
My set ups will not mean a THING unless it suits one style.
My hope is to find fellow traders from whom i can learn set ups I am missing or improve my set ups with help from some one who is trading similar to my method.
That's why i do not mind sharing.