I passed up on trades on both the CL and ES. Market moving way to slow for me. Time to go to the gym. Have a great afternoon!

I will post my Combine Trade Report later today.

I did reach my new daily goal for the Combine of $450. Net profit was $462 between the CL and ES contracts.

Here are the results for CL:

Here's the ES results:

I tried a new scalping method early this morning and got killed. I won't bother showing you those trades because they were useless (at least I was). It has taken me awhile but I have managed to dig myself out of a deep hole. I am now about $20 to the positive after commissions. We will see what the market does from here.

I should have stopped after digging myself out of that big hole but pride can lead to destruction. Here are my final results for today:

Crude (CL)



S&P500 (ES)

Here is a snapshot of my last trade for the day. It was a picture perfect setup and I blew it. I didn't expect the last move up before the fall to be as strong as it was and I got stopped out to the tick. This happened to me twice today (where I got stopped out to the tick). However, had I not been trying to squeeze in a few extra dollars after a super difficult day and waited for my setup entry it never would have been a problem.

Not a great way to start after the holiday. I definitely wasn't thinking. I missed 2 perfect setups that would have yielded me over $1500 with 4 contracts. Tried taking a 2nd test of my area instead of waiting for a HH above 47.76 and got stopped out now I am down over $500. In addition, I missed my SHORT entry at 47.43 It is going to be a fight today!

Crude (CL)

I missed the first one as I woke my son up. Grabbed the 2nd one. One contract for +16, second contract stopped out @ +2.

Crude (CL)

Expecting price to go to 47.17. Entered at 46.81 with 2 contracts. Initial stop: -17 ticks. T1: +16 / T2: +26. We will see what happens. Not looking good at the moment but I will let it play out as this is one of my favorite setups.

Crude (CL)

Both targets filled and price did reach expected target of 47.17. Looking to reenter as I have another new high.

Entered on pullback @ 46.92 with 2 contracts. At this point I am just wanting to get a little cushion so I have both contracts set @ T1 for +16 ticks. Just filled.

2 Contracts @ +16 ticks each. Stop: 8 ticks. R/R: 1:2

Crude (CL)