03-05-2012. Going over some charts and saw set up during Asian session. Short 107.28. Cover 106.78. +53
03-06-2012 pre open. For my journal this will be my last post at ET. I will be posting at bigmiketrading It is getting tough to post at two sites. I will continue to participate with ET other forums.
MFB, Thanks for sharing all your recipes. You have helped make it more clear to me how to be a winning trader. The way I view it is we are all on a journey to success and the degree of time it takes is variable because one must somewhat stumble along a methodology that suits oneself, and this is related to chance. Your system is perfect: it's an expansion on someone elses ideas, but personalized. The major factors for movement - big interest/volume/money, time, price levels/pivots, and other external forces - are all correct and most traders that know anything realize these things. It's the proper implementation of these factors will make or break you. One particular aspect that I think you quoted from Maverik is how things everyone can see don't work and how the market tries to fuck everyone. I really like these ideas, and I will undoubtedly work on them in the future. I'm still on that god damn journey though.. I will soon have a go at trading full time. I can't wait till I can net a few ticks per day consistently. It will be a great feeling.
I am happy you got something useful out of my posts. You got the key- find a trading method which appeals to you and make it your own.
Question 2/27/12: Hey MF what you pay a RT for comish with TOS? Confession time! Is this true? If so who did you do some "favors" for? Or are you bs-ing people. I talked to people at TOS and they say no one gets that low. I know this is an old post. But was wondering if you could give me some advice on persuasive techniques I can use on them? I'm not that great of a trader and need to save all the money I can....
Well done. It seems to me as well crude has much movement around Europe close, something like a reversal. Wondering if anybody noticed .
What is YOUR problem if the poster or anyone else finds my reaction interesting and contributive to the discussion? What is the delay beyond which it is forbidden to respond? Have you read all the posts of 2 or even 1 year ago?
Was mfbreakout chased off of elitetrader? I see he's got this thread going on bigmikes forum. It's quite funny. He does a daily round-up of all of his trades each day, None called in realtime. Everyday he's up like 200 ticks, lol. The greatest hindsight trader in history. I guess the elite crew weren't quite as gullible at the bigmike crowd.