Got a few trades off this morning on cl and es

Long ES @ 48.25, still in it
Filled @ 52 +3.75 points, +15

Long CL 47.85, 47.76, stopped/reversed @ 73. -15
Cover 2 @ 69 +8

Long CL @ 70, 64, 61
Cover 2 @ 70, 1 @ 73. +18

+11 cl, +15 ES on the day 11 AM

Took a few trades today. Had a short bias which didn't turn out. I need to develop more scenarios and play off of them as the day plays off rather than have 1 solid bias like ft71. On trend days like this it kills to be wrong! Will have a better writeup tonight.

Dabears2322 

On trend days like this it kills to be wrong! Will have a better writeup tonight.

HOW TRUE my friend.

Been very busy. Was able to get in front of the computer a little today. Noticed a few things:

Breakout of ES lagged behind the initial breakout of CL by 4 minutes
Think I have decided on using RTH for ES and ETH for CL for vwaps and pivots but still looking for advice on this. Should I look at both on the same screen or would that be too cluttered? Does it ultimately even matter which I am looking at?

Also interested in doing a backtest on how price reacts during the opening 15 min on ES. Seems to Always reverse at round 9:35-37

Took a trade while leaving the room on ES. Short at 58.75 on tick divergence and probability of a reversal to close the day close to monthly pp
Covered @ 53.5. +5.25, 21 ticks

Had an hour today to get some trades off.

Short @ 53, didnt like it, covered +.5, +2 ticks

Long @ 53 above ORH and below A_Up. Got out just before the oil announcment, +1.25, +5

Long 54.75 after breakout due to oil above A_Up. +1, 4 ticks. Should've held longer but had to leave the room.

+5 ticks on CL from 49.97 to 50.02

+6 ticks ES off the opening reversal at 9:35. Was at bottom of OR so went long and caught a move

+4 ticks ES long scalp through VWAP

Long again at YPOC expecting a test of YHI. Got out at a_up line +1.5, +6 ticks

Tight range on the opening 30

Quick 5 second 3 tick scalp off 3sd and YHI. +.75, +3 ticks
-quick high prob trade, but seems to work better in cl for picking bottoms and tops

Have to go. +19 ticks ES, +5 CL, +24 total in opening 30 minutes. Expecting an A_up day now and would look to be long if I stayed at the screen.


Got another 3 ticks on the way out expecting price to hit ONH. +3 ticks
+27 total

Got another trade. Went short on pretty bug tick divergence and cl hitting a triple top with little buyer strength.
+9 ticks


Done for the day. +36 ticks, 31 ES, 5 Cl
$450

A_Down trend day. CL preceded ES by about 10 minutes

Been awhile! Crazy busy, and will continue to be until the end of next week! Quick reflection:

It's crazy and awesome to see the progression of my trading just over the past few months thanks to you guys and the guys back at the firm I interned for. I started off just using novice indicators like RSI and Stoch, and thought I had hit the jackpot! It must be that easy, right? Learned quickly that it is not. Then I progressed for about a year into pattern reading and spotting certain candles. I thought this would for sure be the way, and while it was a good step and info that I still kind of use today, it was not what I thought it was. Then I learned about this site and quickly saw that many of the things I had learned before were mostly unreliable and veteran traders actually use the fact that novice traders look at patterns and take advantage of them! That was eye opening, so I started reading through any thread I could find and have gotten to the point where I am. I am finally getting confident in my trading and that my positions will mostly be correct, even if price goes against me. Anyway, long story short, this shows that there never is a real end to this process. There are always things to learn. Now, once you reach a certain point of profitability there aren't nearly as many things, but the point still applies.

Dabears2322 

Been awhile! Crazy busy, and will continue to be until the end of next week! Quick reflection: It's crazy and awesome to see the progression of my trading just over the past few months thanks to you guys and the guys back at the firm I interned for. I started off just using novice indicators like RSI and Stoch, and thought I had hit the jackpot! It must be that easy, right? Learned quickly that it is not. Then I progressed for about a year into pattern reading and spotting certain candles. I thought this would for sure be the way, and while it was a good step and info that I still kind of use today, it was not what I thought it was. Then I learned about this site and quickly saw that many of the things I had learned before were mostly unreliable and veteran traders actually use the fact that novice traders look at patterns and take advantage of them! That was eye opening, so I started reading through any thread I could find and have gotten to the point where I am. I am finally getting confident in my trading and that my positions will mostly be correct, even if price goes against me. Anyway, long story short, this shows that there never is a real end to this process. There are always things to learn. Now, once you reach a certain point of profitability there aren't nearly as many things, but the point still applies.

NIce piece of story mate. Glad you are taking your trading to a good level. It is always amazing to read such things form fellow traders here.

Alex

Been dabbling a little in my live account this week and just have trouble following my plan when the bullets are actually flying. Had a great tick divergence set up, took a little heat on it but held on. Had an original target of 2 points, ended up taking it off at +3 ticks to see it drop all the way to 5 points and counting! Have to learn to trust myself more with live trading.

Edit: looks like I sold the top of the day and missed the whole move. Trust the plan!