Welcome to NexusFi: the best trading community on the planet, with over 150,000 members Sign Up Now for Free
Genuine reviews from real traders, not fake reviews from stealth vendors
Quality education from leading professional traders
We are a friendly, helpful, and positive community
We do not tolerate rude behavior, trolling, or vendors advertising in posts
We are here to help, just let us know what you need
You'll need to register in order to view the content of the threads and start contributing to our community. It's free for basic access, or support us by becoming an Elite Member -- see if you qualify for a discount below.
-- Big Mike, Site Administrator
(If you already have an account, login at the top of the page)
It was a mad day today on my end dunno which mad dog bitted me but i decided to trade pre open on crude .. yea i know silly of me .. but i did it anyways .. !!!! plus thing was i followed my money management and went in only half position as this trade was outside my comfort zone.. and boy i got squashed .. as today at the open price just went pure nuts .. i couldn't get out i only have emergence stops on my trader rest all is done manually so i couldn't get out before price hit my emergency stops .. Good thing for me was i was at half stakes so i still had trades left to cover the loss .. and that's what i did .. As soon as i got out i waited for entry to go short it was a clear trade as price was just flowing down .. And got a nice entry got a nice move down .. From which i could cover my ass and make some profits for the day .. then got another trade and this was the winner for me .. as it flowed beautifully down and i got my good trade for the day .. !!! again i will stress money management is the key doesn't matter how good u are or how bad ur system is .. if ur money management is good u will come out on top but if u don't have a proper money management then things will get difficult for u .. !!! Ciao for now .. happy trading to all .. hope u all had a more simpler day then me.. !!!
Could I ask you to show another real time use of this in the skype room? I have been curious how this works, and if you present an overview then I & others might have enough back ground to get more out of Ben's coming webinar than would be possible, at least in my case, with the current state of understanding.
Learning something from zero is always a challenge, but once a foundation is established, anything new presented has something to build on.
R.I.P. Andy Zektzer (ZTR), 1960-2010.
Please visit this thread for more information.
Hope you are enjoying your weekend ... we will go through it again on monday but as i said in the skype room my way of using it is completely different to others as i use it purely as support and resistance and make my decision on my 5min chart .. !! on monday we will go thru it and hopefully it will help you in your journey ahead .. Have a nice weekend ..
Here is the crude market profile analysis with the 5min trend for today .. the trend before the open is down .. so here is the analysis with tht in mind thru market profile.. Hope it helps ..
As per my earlier post i was looking for up move if we get a break of low from day before and we did got that .. i took 1st long from 45 - 62 .. 2nd long from 56 to 73 done for the day .. nothing like a day when everything works to the plan .. Will post the pics later on .. !!!! Thanks hope you all are having a fine day
Trades as per the analysis i posted before the open .. got two trades one short at the open and one long after the breach of the low .. and a false breakout .. unfortunately for me.. again i had to play in the range as all the breakouts happen after the open and i only trade start .. Today was a quick day even for me got done within 13 mins .. nice and simple .. Hope u all have a nice day ahead .. happy and safe trading ..