CL Redux

Discussion in 'Journals' started by schizo, Oct 9, 2009.




  1. I suck at scalping so I'm trying to always go with the main trend. Seemed like a good countertrend spot but I broke my own rule (at least for now)
     
    #1291     Jan 20, 2010
  2. Plus i have been getting killed going countertrend crude the last few months
     
    #1292     Jan 20, 2010
  3. EON Kid

    EON Kid


    With a scalp I would suggest
    1) use a fast chart
    2) pick your levels
    3) Fade an exhaustion type move or spike, or last climax thrust (think small, relative to the noise)
    4) Don’t wait for (reversal) confirmation to enter
    5) Pick your levels wisely :D
    6) Book some profits quickly
    7) Can be with trend or against, does noise care?
    8) 1:1 R/R for stop and 1st target
     
    #1293     Jan 20, 2010
  4. Long 7765. sl 7755
     
    #1294     Jan 20, 2010
  5. usman88

    usman88

    Added longs at 77.68 SL 77.30 Target 78.30
     
    #1295     Jan 20, 2010
  6. long 7786 (sl manual exit)
     
    #1296     Jan 20, 2010
  7. short 77.85

    SL 78.05
     
    #1297     Jan 20, 2010
  8. awesome spike

    out
     
    #1298     Jan 20, 2010
  9. usman88

    usman88

    stop moved slightly above breakeven at 77.70
     
    #1299     Jan 20, 2010
  10. usman88

    usman88

    Exited at 77.98 for 30 ticks profit
     
    #1300     Jan 20, 2010