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)
I would like to know the value of the charts that you use to trade the CL. I do trade the CL but usually on sundays which is super slow moving, I like it because I have time to burn on sunday. Anyways I use a 4 range and a 11 range, I was looking at a 1 minute for a large overview of the market but found its too much time for oil and some of the moves it makes. Thanks!
I just got back from vacation and plan to continue simming this technique with CL (I was simming it a bit bit before my vacation but just getting started).
Back so early? there is still one more month for you to be in the riviera
Put this Stepma on a 4 range chart, move back from the screen a bit and just look at the color/direction change and how it can provide quick 10 ticks profit if filtered with a momentum tool.
I got it on my chart. It's quicker than the DoubleMA. The arrows don't draw all the time, I don't really need the arrows but if the arrows don't draw then the alert doesn't work. Do they work for you?
Do you still use the ADX dots?
Are you still using 10 tick stop? I'm using 10 stop and 5/10 targets. Problem is I have a winner more than 50% of the time but getting stops out ruins everything. I need to either use a tighter stop (not easy with a 4 range on CL cause it moves so fast) or just get out when I see red on the jstats. I'm curious how you're controlling your losses.
12-15 SL.
If 3,14,3 stoch' change direction, getting out even before it reach the SL. Will stay longer than 10 ticks if 3,14,3 stays under 20 for short or above 80 for long. (can pickup 5-10 more ticks a trade)
