I used to do it based on price action. Price moves x number of ticks, tighten your stop x number of ticks. But as my confidence has grown, I've...
Fair point, but I've developed a pretty good method for tightening my stops as the trade unfolds. That helps the stop be tighter than it initially...
Will do! I've never even glanced at bond charts before, but I'm open to anything scalpable that allows for tight stops.
Thanks! I trade CL exclusively now, but I'm hoping to branch out to a 2nd instrument soon. Appreciate the recommendations!
Hey you seem to follow all the commodity markets. What commodities do you think have good tradeable price action in the early morning hours, say 6...
I see what you guys mean. Feel like I'm still discovering what my philosophy even is. Even if all my trades are essentially scalpy (25 ticks on...
And you won't be able to after that! IGNORE.
Assume you're referring to this? https://www.msn.com/en-us/money/markets/oil-age-is-far-from-over-opec-says/ar-AA1IkMxD?ocid=finance-verthp-feeds...
Anyone have a clue why CL went ape shit at 7:35 this morning? You were seeing 20-30 contracts per minute, and then suddenly BOOM. 3000 contracts...
Is that in English? What??
Thanks for the advice, especially on trying to trade my setups from level to level. I'm gonna look for ways to implement that. As for trading the...
I'm starting to think everybody on here is a bot except for me.
What do you mean by session based filtering?
He was equally dismissive in my trends thread. Why are so many people here so actively unhelpful? Bust my balls all you want, but half of these...
I hear you. I often feel like I'm stuck in a logical circle like that where I can't tell whether I should start with trend analysis and then look...
What's wrong with scalping? You can take advantage of leverage to hit your daily goals while limiting your risk exposure by not having to hold...
I think I understand what you're getting at. You don't think identifying whether price is trending or ranging is that important. Just knowing your...
Okay that's fine if you think 2ndary indicators are meaningless. I tend to agree. I don't really use them either. But the rest of your post is...
Okay but that kinda seems to miss the whole point of my thread here. I obviously agree with that statement which is why I was asking for some...
What's that mean?
Separate names with a comma.