All my entries will have a 10 tick stop and a 10 tick target.
example: long cl @ entry 102.05/ target 102.15/stop 101.95
The reason for these live trade calls is to show my rules and strategies are proven and profitable. I have the education time/money well spent on learning. I read speed and tape time and sales just like pit traders and read momentum, bmt, and range charts just like tech analysts. My entry usually happens after a breakout occurs out of consolidation creating a swing high i than put a entry limit 4 ticks above the swing high. I see increasing speed and buyers with momentum pointing up from oversold with 14 ticks of room over head. I never trade the open or the news i buy with the big buyers and sell with the big sellers.
example: long cl @ entry 102.05/ target 102.15/stop 101.95
The reason for these live trade calls is to show my rules and strategies are proven and profitable. I have the education time/money well spent on learning. I read speed and tape time and sales just like pit traders and read momentum, bmt, and range charts just like tech analysts. My entry usually happens after a breakout occurs out of consolidation creating a swing high i than put a entry limit 4 ticks above the swing high. I see increasing speed and buyers with momentum pointing up from oversold with 14 ticks of room over head. I never trade the open or the news i buy with the big buyers and sell with the big sellers.