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Chart reading quandry

  #6 (permalink)

Leeds UK
 
Trading Experience: Intermediate
Platform: FXTrade
Broker/Data: Interactive Brokers, CapitalSpreads, Oanda
Favorite Futures: GBP/USD
 
Tymbeline's Avatar
 
Posts: 429 since Apr 2015
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bulge View Post
I try to capture a nickel or dime move on 10-20 contracts


Please forgive me for commenting (with helpful intentions!) that in my opinion, especially in the context of CL, this sits very, very uncomfortably indeed with the words "Futures Experience: Beginner" beneath your name.



bulge View Post
I would greatly appreciate any suggestions about what resources I can seek out, or modifications that I can make to my charts to give me a better feel for price movement so that I can reduce my chances of being caught in such down/updrafts.


Again, I don't mean it to sound as disparaging as it might, but I can't help wondering whether you might perhaps be asking a "bad question", here, because you're looking for ways to do something better, when in reality I suspect that "trying to do something completely different" is actually likely to be far more profitable and productive.

I think Matthew's and David's posts above ought to help you, also.

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