Saw an area of resistance @ 90.35 and took the short off the 1 min based on 5 min charts. Caught 20 tics with a 10 tic stop.
I've had the opportunity to read most of your posts within Elite Trader and enjoyed your willingness to share your thoughts and ideas. I will...
Yes, as learned over time stops when visually seen are typically taken out (unless I've picked the right direction). Execution of a non placed...
http://imageshack.us/photo/my-images/140/215201254725pm.png/
The one trade I was able to consider this morning wasn't executed due to stop loss size and the lack of a follow through on the slower time frame...
No I was away from my screen at that time. For me the risk was too much anyway based on the H/L of the bar and or the 70% rule based on the break...
I went long on the previous bar to your short thinking it would retest the high of the 99.50 area. Obviously it didn't and only went to 99.36....
Here are the four trades I saw today based on my brief understanding of Al Brooks Bar by Bar. Input from any or all is appreciated.
Both trades would have worked if on my first trade my stop was 1 tic too tight and the 2nd if I would have held it to my target. A work in progress.
Coulda woulda shoulda held that short but the price action failed to move in what I thought was a timely manner. Exited with a 3 tic profit....
Test post
Long on 1's after 5's closed above TL and EMA @ 7:12 [IMG]
Long on breakout [IMG]
Got long on break out
First trade set up
Any suggestions for a web site that lists upcoming reports on CL? Was getting ready to enter the market yesterday morning and just before I hit...
What a great forum. There seems to be great input from experienced traders. I must admit getting sucked into shorter term charts for me can be...
Chart:p
Move stop +20
L@.91 Moved stop to BE +10
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