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Closed my TF short +11 x 3. This market is to schizo for me today, or at least where it sits.
I do not like zero-volume price action. (net 32, scaled in)
The buy in CL is still interesting to me, but this is not normal price action, cannot really say why I think that either, which troubles me some.
But, my read this morning on a picture-perfect volume bar buy signal that failed says senses were on target, and they are telling me to back off and watch. I will most likely not make goal today, but this is a different game.
I hope that did not come across wrong. Could be read as anti-social. I used to do trading chat rooms, but found that it is easier to trade on what I think than what anyone else does.
I used to find a lot of value in watching a few traders, Jerry Simmons was one. The way the screen would just stay silent for hours was the biggest lesson. Then finally, past the point where I was nodding off, "trade alert", and right or wrong, that was usually it for the day.
Looks like my best opportunity of the day may turn out the be the fade I did not take. It felt like good trade, but the way the chart looked at the time, my belief was the probability was lower. I would have been more likely to fade it higher up, closer into the 93.25 zone, but where it was and the way the indexes were acting, I thought I would get nailed for sure.
Out and right, better than in and wrong I guess. Weird how a few colors can be the difference between a big win and a stand-aside.
Um, well--classical is somewhat annoying with certain composers.
Allow me to clarify; I prefer 'non-vocal' music in certain harmonic 'minors.'
I played Saxophone (soprano and tenor) from age 5 to 23 and gravitated to jazz as I went to college.
Hmm...here is my reality. Unless I am really 'intense' {usually when CL and NQ are moving fast and violently} I can listen to jungle drum n bass to heavy electronica.
Fortunately or UNfortunately I prefer a 'low hum' at all times when trading and working and emailing and checking statements and such.
CL began the day with no directionality (1st 3 '30minute bars both touched the 'open').
Then we began 'one-time' framing lower.
With 15 minutes left there is not alot of juice.
Would like to see some 'explosive directionality' up to 2:28pm est 'multi-timeframe' confirmation of a trend w/pullbacks or a moment breakout (with higher-timeframe confirmation).