Day Trading Crude without indicators.

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

  1. Looks like it is headed back to test 96.42 area.
     
    #221     Feb 6, 2012
  2. 02-06-2012. Lunch hour doldrums set up with 3 sisters.

    I do not mind keep on taking small jabs when no significant levels are getting BROKEN ON VOLUME as long as there is a chance of 1:3 reward.
     
    #222     Feb 6, 2012
  3. Bluejay

    Bluejay

    Well done Shop ! wish i'd seen your post a little earlier, got washed out by former run down !
    great contributions from you, thumbs up !

    Big thanks to mfbreakout for opening this thread. I have some difficulties to make the ACD method valid for me, but thriving !

    keep going, you both are being followed closely !
     
    #223     Feb 6, 2012
  4. BCE

    BCE

    You were wondering why CL checked up @96.80. On my charts at least 96.83 is S1.
     
    #224     Feb 6, 2012
  5. GREAT. I do not see your chart. What this S1 is based off?
     
    #225     Feb 6, 2012
  6. 03-06-2012 Oil pit close.

    Tough, tough day. 2 stop outs

    Net 90 ticks. Just keep building my FIRE WALL.
     
    #226     Feb 6, 2012
  7. You did well considering the action today. I really thought we were going to make one more run down to 96.42 but it petered out at approx 96.60.

    The weekly level has been a magnet all day.
     
    #227     Feb 6, 2012
  8. 02-07-2012 Pre Open.

    EUR German Industrial Production n.s.a. and w.d.a. (YoY) (DEC)
    Medium
    0.9% 4.3% 4.4%

    Looks like Germany industrial production of .9% vs forecast of 4.3% led to sell off during euro session. But CL got sold from OPEN session
    way before industrial production numbers came out.
     
    #228     Feb 7, 2012
  9. 02-07-2012 ist trade of the day.

    58 ticks.

    Other trading methods may have identified this short or may not. It does not matter. Other methods identify levels which i miss completely.

    KEY is to find one which suits one PERSONALITY and stick with it.
    My set ups will not mean a THING unless it suits one style.
    My hope is to find fellow traders from whom i can learn set ups I am missing or improve my set ups with help from some one who is trading similar to my method.

    That's why i do not mind sharing.
     
    #229     Feb 7, 2012
  10. trend down, moneyline is the brick wall.

    s
     
    #230     Feb 7, 2012