Thanks for the chart, The BO did happen, but I went to sleep. BO happened after a few tries. You would have made money on the selling towards the resistance area, because you scalp when selling pressure occurred at resistance.
Well, If I can talk about the wins, I should be able to talk about the losses. Took a -$400 loss today on one trade, 1 contract -40 tick loss. I think I should start my own journal and get out of MarkBrown thread lol. That is it for me for the week.
I think you went short in no man's land. Market went up after bottoming out at $52.65 and when it retraced you read it as another short entry. But market was pretty choppy before then so no real direction. One filter you might want to look into using is waiting for swing lows or highs to be taken out before determining something is an actual reversal v. pullback.
You seem like a good and decent fellow who works really hard trying to do well with trading. I can see you put a lot of efforts into it.. What I've in my mind is that if you are tired of trading CL and isn't able to figure a way out one day. I mean that you totally give up on it, then perhaps I can give you some guidance how to scalp ES with a much better winning rate. I can either give you a scalp setup to begin with or giving you trading ideas how to trade and ride along with intraday trend. My methods will be completely different than what you are doing now. Besides, you have to bare with me along the way because my english is terrible lol. Don't count on my words right now because it's just a friendly thought that I've in my mind while in a good mood. Well, my taxi is about and I got to go. Will chat more later as my lady is giving me a look.
Enjoy the beach humbletrader. I’m at the campground in the motorhome. Going to the beach maybe tomm and probably sunday. Have a good weekend.
I'm blocking Pedotrader or whatever his name is, every time I click on a subject I see his useless posts cluttering up my screen and immediately attacking everybody who doesn't drink his cool-aid, why doesn't he just trades and act normal. You have issues and I have no clue what you are trying to prove to yourself by posting useless replies.
Actually, it's too hot to enjoy ocean view right now. Plus, we like Miami much better which we intend to live there for half year starting next September. So, we are in Macau right now enjoying shopping around. No gambling though, but I take a pic from hotel lobby with casino. Have a good one...