CL Redux

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

  1. Picaso

    Picaso

    #9111     Jul 29, 2010
  2. Thanks a lot already got the book, will star reading tonight
     
    #9112     Jul 29, 2010
  3. EON Kid

    EON Kid


    the presentations are a good primer. I then just browsed the book, maybe I should read it throughly :D

    Also a new one at big Mikes

    http://www.bigmiketrading.com/webinars/june21_2010/al_brooks_price_action/
     
    #9113     Jul 29, 2010
  4. Picaso

    Picaso

    .40 and .90 are the upper and lower limit respectively of the volume value zone.
     
    #9114     Jul 29, 2010
  5. When is this bitch gonna drop? should be bout -.50
     
    #9115     Jul 29, 2010
  6. NoDoji

    NoDoji

    But, Picaso, I trade his method all the time :p

    One of the best things I got out of Al's book is traps. These are especially common in the afternoon, but can also happen close to test of major highs/lows. Price bar sets up to look like a juicy short or long, then goes the other way. I just called one of those when the 2:20pm bar closed, looking like an internal double top short signal. I didn't trade it long because too close to NYMEX close, but I'm sure it sucked in a lot of shorts to fuel the move up.
     
    #9116     Jul 29, 2010
  7. Maybe tommorow, or overnight. Strange day, oil bullish and indexes tanking, this morning atleast
     
    #9117     Jul 29, 2010
  8. NoDoji

    NoDoji

    That is a good idea! I'll look into options for swings. Nothing to hang your hat on right now based on the daily chart, though. If anything looks potentially bullish.
     
    #9118     Jul 29, 2010
  9. Picaso

    Picaso

    You play(ed) with snakes and spiders, so you don't count :p

    (When you say 2:20 bar, etc. you mean the bar that starts at 2:20 and ends at 2:25, right? - I was going crazy, but let's face it, in my case that's easy).

    I'm sure half the people that have bought Al Brooks' book have done so after reading your journal & posts. You should get a commission :) ... unless... oh, my gosh!... that explains it all! :D
     
    #9119     Jul 29, 2010
  10. ammo

    ammo

    sh 78.25 77.5 bid .......scratch
     
    #9120     Jul 29, 2010