Trying to trade CL...

BasilRathbone

BasilRathbone

Hi I will be trading CL using ranges/channel extremes in the hourly, so I will post my levels each day before 9:00, just in case someone has any comments.

Today´s (late) levels were these

CL 07-15 (60 Min) 21_05_2015.jpg

And the trades that came out of that

CL 07-15 (1 Min) 21_05_2015.jpg
 
could you do a tally up of the points made/lost each day?
Are you trading live or demo?
Are you consistently profitable with your approach?
Regards
Good luck

ps - Here's my attempt today. First day looking at it. Yesterday would have been a horrid day to trade!
 

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barcadia said:
could you do a tally up of the points made/lost each day?
Are you trading live or demo?
Are you consistently profitable with your approach?
Regards
Good luck

ps - Here's my attempt today. First day looking at it. Yesterday would have been a horrid day to trade!
More...

Barcaria, is really of no importance if I am trading live or if I am profitable. But thanks for your comment.
 
And the levels for today.

If the current channel holds wait for a reach of the supply line and short from there is the plan, if there is a breakout to the downside, wait for a retracement and short that. No longs for now.

CL 07-15 (60 Min) 22_05_2015.jpg


By the time I finished posting the short was already triggered, but I missed it (94)
 
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