CL Redux

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

  1. EON Kid

    EON Kid

    tough call, seems to be holding. maybe a 2 o'clock spew or maybe tomorrow or maybe not :D
     
    #13741     Jan 5, 2011
  2. Handle123

    Handle123

    I took similar trades and added on above inside bar, went short on upsloping trend lines since vol shows weak.

    I like using one minute bars as ways to trail stop on these running markets, trail pivots, but also if a close above a previous pivot is just a little bit like at 10:25mdt, I trail below low of each bar, unless I have done counter trend trades.

    The lows of the day showed nice vol accumulation, and can see H&S few bars later.

    One of my favorite entries is on the one minute when a market is really ripping in strong trend, if price breaks two pivots, I will enter above lowest low, only way I can risk approx 10 tics or less.

    Well, got to make yukky tofu for lunch, gave up meat. I got to take a cooking class.
     
    #13742     Jan 5, 2011
    beginner66 likes this.
  3. BCE

    BCE

    Covered at 90.10 from 90.42. Looking to reshort. Translation = This is going to 92..................kidding. :)

    Should have flipped it and doubled my pleasure.
     
    #13743     Jan 5, 2011
  4. cover 2 at 90.20
     
    #13744     Jan 5, 2011
  5. BCE

    BCE

    Nice. :)
     
    #13745     Jan 5, 2011
  6. BCE

    BCE

    Not joining that little pullback of the indices. Looking strong.
     
    #13746     Jan 5, 2011
  7. BCE

    BCE

    I know you feel this is your very own professional strategy you've come up with yourself. And I hate to burst your bubble. But I've used this same strategy before myself. And I once heard of another guy that used it too. And also I've used the similar strategy of "This has run too far, it can't go any higher." And also "This has sold off too much. It can't go any lower." So perhaps this won't be called "The NoDoji Get What's There Exit" or "The NoDoji That's Good Enough Exit" or "The NoDoji Too Many Ticks Exit" after all. :) Although I do like the ring of the last one. :D
     
    #13747     Jan 5, 2011
  8. BCE

    BCE

  9. NoDoji

    NoDoji

    My New Year Revolution is to capture at least ONE 100+-tick run this year! I will use the "See, NoDoji CAN Be A Greedy Pig" exit strategy :p

    OK, that was the tamest NYMEX close I've seen in a long time.

    Funny story: We look at 6E a while ago and say, "Wow euro's really dead." And I say, "Yeah we always say that late in the day when it's a flat pancake and then suddenly we're saying, 'Damn, look at euro!'"

    My friend has a sim screen up for euro and I tell him, "In your sim account, bracket stop orders @ .3150 and .3164."

    And he does, and it eventually breaks and he takes 20 ticks sim profit.

    And not one of us traded it live :eek:
     
    #13749     Jan 5, 2011
  10. The only way I capture 100 tick moves is either by sleeping, playing video games or playing golf while the move is happening. When I'm watching it I always put on a hedge or scale back instead of putting the pedal to the medal like I should have when it got above 89 earlier. I think I made like 40 ticks on that hour of strength. When I think about all the correct trades that weren't even close to be maximized it makes me kind of sick. But it is also what keeps me fighting to improve. Oh yeah I just got massively short the ES!!
     
    #13750     Jan 5, 2011