Just got back in, Ammo, thanks for the chart re open interest. Blox, is your system totally automated or does it throw signals and you manage the trades? Deja, you shorted 3 ticks from a major pivot high and covered 5 ticks later? You covered before I even shorted and I bailed for a puny 28 ticks because I'm a dumb blonde! Drop and gimme 20! NE, I regret to inform you that most brokers won't allow you to transfer those hard-earned simbucks to your live account. Lord knows I tried. Nice trading Picaso, I know, I'm whining again, but when will I ever catch that 70-tick runner? By the way, I'm in an ES trade here and trading ES is like the twilight zone compared to CL. Why does it take so long???
I manage the trades manually in the same way that it would be automated. In case of a black swan , I feel that I am a better safety net than the computer could be. I haven't been able to test whether or not I could beat the system by exiting on my own discretion . The signals are NOT signals I would look for in a regular price action setup but the numbers work so I just follow every signal regardless.
I will be placing short orders at .75 and and 77 for the overnight session...i look forward to them getting filled and then closing them at 75.50 prior to the report
HB, long time no see! I have an irresistable urge to trade through the report tomorrow. Every week I sim trade through the report and I do quite well. I have a hypothesis that you can pretty much position yourself in either direction prior to the report and then place a profit target limit order 20-30 ticks from your entry price and at some point during the report the order will fill