Quote from Gubinec:
Dear Ms. NoDoji,
Would it bother you to post a chart of CL on a day or two that you traded it? Also, what's your problem with dojis? 
I basically use the same system as you, and can't complain as it seems to be the only system that has been putting money in my account rather than taking it.
People here are right in complaining that talking about trend following after the fact is easier than doing it real time.
Trading ain't easy.
Who first said that?
A Doji signifies indecision; my goal as a trader is to be decisive
Thursdayâs trades attached; times are MST, so Iâll use MST as my reference here. Also I was using a 3-min chart on Thursday because the overnight down trend and the rally off overnight lows were both very strong and a 3-min chart is helpful in entering a strong trend.
Preparation: Overnight resistance was 86.27 and price had made over 5 pushes down from the Wed late night high into a shallow bottoming process between 85.35 and 85.32 between 2:40 and 3:00am. (approximate double bottom formed after a strong down trend). So I'm looking for long entries.
Trade 1:
Long @ 85.75, higher low after only one push up, expecting at least an attempt to test overnight R. Stop loss (SL) was a compromise @ 85.61 because the pivot low was too wide for me. Profit target (PT) was 86.05 just above the round number at an upper channel line overshoot zone.
Waited for market open to trade further, then watched for a reversal signal because price had made yet another push up just after the open, but it was a shallow push (shrinking stairs as Al Brooks would say).
Trade 2:
Short @ 86.05 when sellers came in leaving a lower high after the HOD was put in, SL at the previous bar's high (86.14), PT @ 85.85, a few ticks above previous support. SL filled at 86.13 (reverse slippage?).
Trade 3:
The 3-min chart had head-faked me on trade 2, so I was back in on a double-confirmed setup, short @ 86.04 off another LH, SL @ 86.12 (high of entry bar), and PT @ 85.85, but the price action indicated such weakness that I moved my target down to 85.76 (the support zone prior to 85.82).
Trade 4:
Short @ 85.88 off two failures to break through the falling 20 EMA, leaving another LH, SL @ 85.96 (pivot high), PT @ 85.55, just above next support level to be tested. (There was an 85.66 level to be tested first, but I targeted the one before that because the selling volume was so strong. I was actually expecting an eventual test of the pre-market low. It turned out this level was indeed revisited on the final push down, but Iâd taken a break, missing that last move.)
Trade 5:
On the bounce, price looked like it might possibly break back up through the still-falling 20 EMA, so I watched for a bit and the moment it failed on a couple tries, I was short again @ 85.81 (another LH), SL @ 85.85 (pivot high), PT @ 85.43 (just above next support level to be tested).
In a down trend you target lower lows on each new push down, so I was targeting a few ticks above the next support level to be tested.
I placed a blue line on my chart at each previous support level I was targeting on the way down.
There was a lot more to extracted from CL that day, but I took a break and then had do last minute tax stuff, so I called it a day.
This was an exceptional day for me, possibly my best trading day ever in terms of following rules, taking all setups and patiently letting trades play out. The fact that CL totally complied with S/R levels Thursday was a big help.
These days are rare for me and I readily agree that trading, especially mastering the mental game, is very difficult.
