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Short term TF trading


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Short term TF trading

  #361 (permalink)
 
Victory Trader's Avatar
 Victory Trader 
LA, California, USA
 
Experience: Intermediate
Platform: NinjaTrader
Trading: CL,ES mainly
Posts: 520 since Sep 2011

I can t beleive I got it - 2012-06-12_1121 - QuickTimeTrader's library

It seems like it is trying to base in here.... Quite the battle to say the least!!!! I am going to step aside for abit till we get some sort of direction!!!!

Still think we could re-test highs and then some - Shall see!!!

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  #362 (permalink)
 indextrader7 
Birmingham, AL
 
Posts: 1,065 since Apr 2012


Victory Trader View Post
I can t beleive I got it - 2012-06-12_1121 - QuickTimeTrader's library

It seems like it is trying to base in here.... Quite the battle to say the least!!!! I am going to step aside for abit till we get some sort of direction!!!!

I'm short at 52.9, flirting with getting stopped out if it breaks up any more.

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  #363 (permalink)
 
Victory Trader's Avatar
 Victory Trader 
LA, California, USA
 
Experience: Intermediate
Platform: NinjaTrader
Trading: CL,ES mainly
Posts: 520 since Sep 2011



indextrader7 View Post
I'm short at 52.9, flirting with getting stopped out if it breaks up any more.

On holding on - Hoping it pays off for you!!!

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  #364 (permalink)
 
josh's Avatar
 josh 
Georgia, US
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Victory Trader View Post
GOOD GRIEF talk about getting chopped up ... Only going for a quick 6 tick scalp on this one...

You'e inside the noise. Probably better to either wait, or pick a direction, rather than trying to play the noise. At least then you either win or lose once, rather than reversing it to death in the middle.

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  #365 (permalink)
 
Victory Trader's Avatar
 Victory Trader 
LA, California, USA
 
Experience: Intermediate
Platform: NinjaTrader
Trading: CL,ES mainly
Posts: 520 since Sep 2011


josh View Post
You'e inside the noise. Probably better to either wait, or pick a direction, rather than trying to play the noise. At least then you either win or lose once, rather than reversing it to death in the middle.

...in a trade... You must of missed my post when I said i would sit on the side lines for a bit to see the direction of this thing... Crazy action here!!!!

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  #366 (permalink)
 indextrader7 
Birmingham, AL
 
Posts: 1,065 since Apr 2012

My goodness....

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  #367 (permalink)
 
Boomer34's Avatar
 Boomer34 
Georgia, USA
 
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Tell me about it...this is pretty frustrating to sit and watch.

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  #368 (permalink)
 
Victory Trader's Avatar
 Victory Trader 
LA, California, USA
 
Experience: Intermediate
Platform: NinjaTrader
Trading: CL,ES mainly
Posts: 520 since Sep 2011

32 lin reg line - on a 5 min, 15 min, 30, min and a 60 min chart for kind of keep me on the right side of this thing... In watching the 30 lin reg - It was risky IMO to look for shorts or at least just take quick scalpers which I do at times.

I also use SUPPLY and DEMAND areas - Still think over the next couple of days we could see a pretty good decline yet...Just something I am keeping my eye on...

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  #369 (permalink)
 
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 josh 
Georgia, US
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Victory Trader View Post
...in a trade... You must of missed my post when I said i would sit on the side lines for a bit to see the direction of this thing... Crazy action here!!!!

I see that now--but I saw one where you are going for 6 ticks scalps.

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  #370 (permalink)
 
Victory Trader's Avatar
 Victory Trader 
LA, California, USA
 
Experience: Intermediate
Platform: NinjaTrader
Trading: CL,ES mainly
Posts: 520 since Sep 2011



josh View Post
I see that now--but I saw one where you are going for 6 ticks scalps.

...that is what I usually go for is 6 ticks... unless I see things that tell me I can go for more... In reviewing one of my trades I see that I broke one of my rules according to my system... Glad it worked out. I have been working very hard at being disciplined with my trading ( been trading since the mid 90's and still working on it - LOL)

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