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Glad you like the thread. To be honest, you can get some moves at that time..but for the most part, you are looking at very slow price movement. Personally, I wouldn't bother with it untill at least 9 am cst. The ideal time is generally 10 am cst until about 1 pm cst. You'd probably see better moves at the 6 to 7 time from 6e or the Dax than from Cl .
Lance nice thread and charts. Is there any way that you might be able to post a template or a post on your indicators you have on screen shot with the settings. Trying to get over this hump I have been in for about 3 months. This may help with direction.
I trade CL from 7:30 AM CST to about 9 AM CST. I find this to be the best time for me. Usually can find at least one 50+ tick move in that time frame. not always but enough.
Simplicity is the ultimate sophistication, Leonardo da Vinci
Most people chose unhappiness over uncertainty, Tim Ferris
Hi Hector. Just made this video and it will explain the indicators..and how I put together my system. I also talk about some of the Cl threads on Big Mike that I've been impressed with.
Thank you very much @lancelottrader for this great and insightful video with well-explained approaches and setups, I really enjoyed it !
I really like your approach of 'mixing' various systems, and I'm definitely NOT going to 'flame' you for using some vendor's software since I'm also using vendor's software quite successfully myself with some modifications and additions to make it suitable according to my trading style.
So I'm really looking forward to see more of them...
Btw, are you satisfied with IW's Profit Manager tool ? I know it can handle a lot of things regarding risk and money management, but so far I think I often can handle this better manually.
If you attach videos as mp4 or flv files directly on futures.io (formerly BMT), then people can play them in our player and they also show up on the forum homepage. There is also zero processing time/delay unlike YouTube.