This is how I trade. The purpose of this thread is to find others that trade like me, or relate to way I trade and want to discuss/share ideas. I trade from 02:30 - 11:30 EST time, only crude, no indicators, I try to act at the extremes, I trade the 5m, take only 5m reversals, and rarely take retracements (it depends on PA and context) Iâll post the start of day analysis, and the hindsight chart with execution so readers can understand better the way I approach the market. Remember, this thread is intended to find traders that trade with no indicators, and relate to this kind of approach, feel free to share whatâs on your mind... Tomer.
Price had reached its range highs (apparently) The bigger downtrend SL is gone Buyers lost interest at TR high, price is starting to fall Let's see where demand will take control again
game plan: 5mtbr long at DL area 5mtbr long at MP 5mtbr long at TR lows 5mtbr: 5m trend break reversal DL: demand line MP: mid point of TR TR: trading range
Price reached my area Demand below at DL turned out to be big Fast ride to the up side. Buyers removed their foot from the pedal too far from the above area for my taste⦠Waiting to see how price react