GC & CL live trading
- Thread starter jfranco
- Start date
Just want you to know, your several consecutive posts are great.
Perhaps, you could give me and also other traders who follow your trades, the one or two main reasons you went short on CL at 105.43 and expected it to go lower to .33 or further?
Would very much like to see how you sized up that short trade. So we could learn from your experience and all; at your expense of course. LOL
And next time when you post, if you have the time to, pls also indicate the time of sale, so other traders who are interested could roll back and see on their own charts.... your line of thought. Is that alright with you?
Many traders are very protective of their rationale behind taking a trade, which if you are one among those, I would understand and respect your decision as well.
As we always say to lift ourselves out of the dead beat stage....
better trade down the road....
I believe that totally and hope you do to.... in order to survive the merciless unpredictability of the markets.....
Quote from jfranco:
I am approaching three score and ten soon with visual handicapping conditions as well.
So I could not quite figure out if the current charts posted, include the short position you undertook on CL 105.xx
Mind posting that CL too, only if you have the time, K?
Thanks for posting great visual stimulants.
Quote from nakachalet:
Just want you to know, your several consecutive posts are great.
Perhaps, you could give me and also other traders who follow your trades, the one or two main reasons you went short on CL at 105.43 and expected it to go lower to .33 or further?
Would very much like to see how you sized up that short trade. So we could learn from your experience and all; at your expense of course. LOL
And next time when you post, if you have the time to, pls also indicate the time of sale, so other traders who are interested could roll back and see on their own charts.... your line of thought. Is that alright with you?
Many traders are very protective of their rationale behind taking a trade, which if you are one among those, I would understand and respect your decision as well.
As we always say to lift ourselves out of the dead beat stage....
better trade down the road....
I believe that totally and hope you do to.... in order to survive the merciless unpredictability of the markets.....
I have to be trading with the trend, i avoid the big round #(100). I look for a breakout above major resistance or below major support. Than a swing high/low has to be indicated. After that i wait for price to pullback and test my slope trigger. After its tested i put a buy/sell stop 3 ticks above/below my swing high/low. Than im looking for momentum to be curling up from oversold or pointing down from overbought. Than increasing speed is my last concern i need to see big buyers/seller to confirm my entry using my pace of tape. I choose 1 to 1 tick ratio to avoid emotional trade management. I do get filled on my targets or on my stops very fast which is a good thing since the longer your in the markets the more risk you partake in.
I have to be trading with the trend, i avoid the big round #(100). I look for a breakout above major resistance or below major support. Than a swing high/low has to be indicated. After that i wait for price to pullback and test my slope trigger. After its tested i put a buy/sell stop 3 ticks above/below my swing high/low. Than im looking for momentum to be curling up from oversold or pointing down from overbought. Than increasing speed is my last concern i need to see big buyers/seller to confirm my entry using my pace of tape. I choose 1 to 1 tick ratio to avoid emotional trade management. I do get filled on my targets or on my stops very fast which is a good thing since the longer your in the markets the more risk you partake in.
Isn't this the same exact global response you gave before..... already?
On a different post?
Well, maybe my own questions are too scatter brain, misleading and confounding. Thx any way. Won't bother you any more.
