Day Trading Crude without indicators.

Discussion in 'Journals' started by mfbreakout, Jan 28, 2012.


  1. .....................................

    Shop rules:

    you cannot continue to " defecate " on those attempting to learn the game.

    " pontification and self posturing " to increase hard drive space required on the ET server is a dangerous activity.

    " your way or the highway " is not an option.

    " intimidation and berating " will not be tolerated.

    " navel gazing on your own advice " is highly recommended. " Like this cup," Nan-in said, " you are full of your own opinions and speculations.

    swearing when one does not get his own way, is directly proportional to one's IQ.

    trading, once learned is actually a very pleasant activity as long as you are humble and respect the game for what it is.

    last but not least, when they puke 'em out you better be short......:)

    this rule also applies to grease trades.

    cheers,

    s
     
    #171     Feb 2, 2012
  2. cover 95.70 flat. Don't want to loose 40 ticks to make another 40 ticks.
     
    #172     Feb 2, 2012
  3. Off the monthly and back to the weekly.
     
    #173     Feb 2, 2012
  4. 02-02-2012

    End of day chart of VOLUME bar trade. Market Makers need to show some evidence of being SERIOUS. When we see evidence, we have to be ready.

    30 days number line has been at highs like -17 for last couple of days. That calls for RUBBER BAND stretched too far set up and SNAP to the MIDDLE set up.
     
    #174     Feb 2, 2012
  5. dv4632

    dv4632

    Shopster you've been in rare form the past couple of days. Thanks for the comic relief, LOL.
     
    #175     Feb 3, 2012

  6. set and bait the trap and the fool steps right into it.

    a gap fill to the money, classic shop.

    " lets reflect on that................:)

    s
     
    #176     Feb 3, 2012
  7. It's early but resistance was hit at a previous A down level.
     
    #177     Feb 3, 2012
  8. Regardless of how hard one try it is difficult to keep IDIOTS away from journals/threads.

    We all know psychology and mental state of traders who go from journal to journal looking for whatever they are looking for.

    Shopster did a wonderful job of setting up an example. But these IDIOTS have nothing in life so they keep coming back for more.

    My request is to please use Ignore button. I use it and i never see IDIOTS remarks till another member post them as a RESPONSE.

    Lets use IGNORE tab and keep journal Focused and away from wasting space. As more and more space gets taken up by IDIOTS and our response to them, the journal becomes cluttered .

    Thanks for your cooperation.

    LETS TRADE , TRADE and TRADE.
     
    #178     Feb 3, 2012
  9. 02-03-2012 Pre Open

    "THERE IS ALWAYS A THIRD FORCE, THE UNKNOWN WHICH CAN PUSH THE MARKET THE WRONG WAY. STOP LOSS TAKES CARE OF THAT."

    COURTESY OF FT71
     
    #179     Feb 3, 2012
  10. agreed.

    move it forward and trade some grease.

    s


    :cool:
     
    #180     Feb 3, 2012