Day Trading Crude without indicators.

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

  1. On 45 minutes OR of 105.60-106.12, we had an A up. It turned out to be a weak one as price pulled back to OR low area.

    Now, if price stays below 105..48 area for 20 minutes we will have a C down.

    After A up, i took long around 106.12, expecting CL to take out 106.50 but it failed and i got stopped out with 20 ticks loss.

    Now looking for longs at lows on premise , we will have a failed C down. Below 105.40 area, CL can sell down to 104.50 .

    We never know till VOLUME shows up.

    Traders using smaller time OR like 5 minutes etc.. will have different set up.
     
    #391     Feb 22, 2012
  2. actually.......

    3 sisters was in the euro session.
    trip bottoms.

    dt short was in the dark zone.

    db new long in new york.

    new " long and wrong pendings " filled at the top of ny for the last short.

    pure price action , no volume in the boxes, MM mentality.

    find the retail paper and blow it out........:)

    s
     
    #392     Feb 22, 2012
  3. Long off 105.70, out some 105.98. failed c down set up. +28

    At least one set up worked for some thing .

    It's been a difficult day overall. But the good thing is as Mark Fisher says if the trade works, you are a GENIUS, if a trade fails, blame it on the system (lol).
     
    #393     Feb 22, 2012
  4. ......................

    u mean blame it on the spooze locals........:)

    s
     
    #394     Feb 22, 2012
  5. last long grease ball trade of the day.


    new short pendings blown, db long entry.
    ny session.

    100 ticks , shop full pull cahuna.....:)

    cheers,

    s
     
    #395     Feb 22, 2012

  6. Finally, system paid off long 105.72 out 106.45. Early again but it's O.K

    +73
     
    #396     Feb 22, 2012

  7. Failed C down and failed to break Asian session low.
     
    #397     Feb 22, 2012
  8. whats a bada bing........:)

    s
     
    #398     Feb 22, 2012
  9. Analysis of 02-22-2012 price action based off 02-21-2012 Profile.
     
    #399     Feb 22, 2012
  10. 3 sisters asia long reset.

    dt short trade in the euro session.

    s

    :cool:
     
    #400     Feb 23, 2012