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One ist test of 51 area during lunch hour Shorted 50.97. Out 50.54. Now sitting on hands. This slow up move, i have no idea where CL is going or will stop.
if i see a FLUSH up - where ever it is- it should be around 150 ticks to the upside, i will try short. If CL just goes up 40 tics, pullsback 20 ticks and keep up march, there is no trade for me.
I am dreaming about quick up moves with massive Volume till exhausation bar shows up. A short at that point with size for relatively quick 50-80 ticks will be one of the easier trade.
My posts are not meant to give financial advice neither do they imply that my method is special. "THIS IS WHAT I COULD BE IF I HAD A TOTALLY CARE FREE STATE OF MIND DURING TRADING" Mark Douglas.
Sometimes I scalp the pit close other times not (obviously not right now)
If you're going to trade the close, put on your jock strap, grab the saddle horn and don't polish your boots 'cause you're gonna to get 'em dirty
Do 'ya think this guys ass puckered? (and selling in the middle of the bar, but I'm fairly certain that was not the case at the time of hitting the GO button, or maybe it was an algo,,,,)
5114 was not trading at the time of the screen capture as noted by the time stamp on the time and sales and the clock in the window
No trade for me. I need either one side , longs or shorts to be trapped to take a trade. Without IMBALANCE there is no opportunity worth trading.
My posts are not meant to give financial advice neither do they imply that my method is special. "THIS IS WHAT I COULD BE IF I HAD A TOTALLY CARE FREE STATE OF MIND DURING TRADING" Mark Douglas.
Did the opening drive qualify as a flush up? It went about 150 ticks or so I think. I didn't have a long set up either....price didn't go down far enough for me but I did short near the top....closed early but logical location for me......but I'm curious if the flush up you wanted was AFTER the morning drive to a price somewhere much higher than that? Or was that the flush you were waiting for?
Simplicity is the ultimate sophistication, Leonardo da Vinci
Most people chose unhappiness over uncertainty, Tim Ferris
Yes, opening drive qualify as a Flush up and i shorted it. I was looking for another flush up into the closeto take next short.
My posts are not meant to give financial advice neither do they imply that my method is special. "THIS IS WHAT I COULD BE IF I HAD A TOTALLY CARE FREE STATE OF MIND DURING TRADING" Mark Douglas.
My posts are not meant to give financial advice neither do they imply that my method is special. "THIS IS WHAT I COULD BE IF I HAD A TOTALLY CARE FREE STATE OF MIND DURING TRADING" Mark Douglas.