Like a turtle to his balcony... - futures io
futures io futures trading



Like a turtle to his balcony...


Discussion in Trading Journals

Updated by GaryD
      Top Posters
    1. looks_one GaryD with 1,625 posts (688 thanks)
    2. looks_two josh with 67 posts (106 thanks)
    3. looks_3 greenr with 51 posts (53 thanks)
    4. looks_4 Deucalion with 28 posts (77 thanks)
      Best Posters
    1. looks_one Deucalion with 2.8 thanks per post
    2. looks_two josh with 1.6 thanks per post
    3. looks_3 greenr with 1.0 thanks per post
    4. looks_4 GaryD with 0.4 thanks per post
    1. trending_up 139,777 views
    2. thumb_up 1,158 thanks given
    3. group 36 followers
    1. forum 1,905 replies
    2. attach_file 1,043 attachments




Welcome to futures io: the largest futures trading community on the planet, with well over 100,000 members
  • 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 and simple.

-- Big Mike, Site Administrator

(If you already have an account, login at the top of the page)

 
Search this Thread
 

Like a turtle to his balcony...

(login for full post details)
  #1131 (permalink)
Orlando, Florida
 
Experience: None
Platform: shoes
Trading: happy
 
GaryD's Avatar
 
Posts: 6,462 since May 2011

This will be CL's 3rd attempt to break the W4 resistance, and should price take out 89.44 I would expect continuation to the upside, with 90.10-90.50 and 91.80-92.25 as targets.

Reply With Quote

Can you help answer these questions
from other members on futures io?
3x Fangdango
Traders Hideout
Dollar crash in 2021
Currencies
Degiro Negative Balance Advice
Traders Hideout
QDEL
Stocks and ETFs
Macros for flatten and reverse
TradeStation
 
Best Threads (Most Thanked)
in the last 7 days on futures io
VWAP for stock index futures trading?
41 thanks
Coronavirus COVID-19
21 thanks
Emini 4 Tick Scalp still valid?
17 thanks
Price Action Kewltech Style
15 thanks
Is back testing a waste of time?
13 thanks
 
(login for full post details)
  #1132 (permalink)
Orlando, Florida
 
Experience: None
Platform: shoes
Trading: happy
 
GaryD's Avatar
 
Posts: 6,462 since May 2011

But until that happens I am leaning to the short side.

Reply With Quote
 
(login for full post details)
  #1133 (permalink)
Orlando, Florida
 
Experience: None
Platform: shoes
Trading: happy
 
GaryD's Avatar
 
Posts: 6,462 since May 2011



josh View Post
I like your chart Gary. Just to be clear, in this case gap and excess are also areas of minus development. A good thing to know might be, what is the controlling price above (above the 91s, 92s, etc., off the top of your chart there)? Said another way, if the market breaks the control of whatever price you have determined to be the controlling price (looks like about 88.25), what controlling price might the market be attracted to above (or below)? I really prefer Steidlmayer's take, more so than Dalton's, which I think you have said before too.


Yeah, I am just getting it on the chart but read them all the same in regards to minus development. I am still using wave structure for targets, slowly mixing in the value. In this case 90.50 and 92.25.

Have not messed with it enough to prefer one guy over the other, both are better than I am.

Reply With Quote
 
(login for full post details)
  #1134 (permalink)
Orlando, Florida
 
Experience: None
Platform: shoes
Trading: happy
 
GaryD's Avatar
 
Posts: 6,462 since May 2011

What I am watching as of 4-22-13


Reply With Quote
 
(login for full post details)
  #1135 (permalink)
Orlando, Florida
 
Experience: None
Platform: shoes
Trading: happy
 
GaryD's Avatar
 
Posts: 6,462 since May 2011


josh View Post
I really prefer Steidlmayer's take, more so than Dalton's, which I think you have said before too.


Actually, I have gotten lazy about finishing Dalton's books. I am working on it, but lost some momentum. Fell asleep again yesterday while trying to read. But I have flipped through both books, and am about 100 pages into each of them, both layed out on my desk begging for attention.

Reply With Quote
 
(login for full post details)
  #1136 (permalink)
Orlando, Florida
 
Experience: None
Platform: shoes
Trading: happy
 
GaryD's Avatar
 
Posts: 6,462 since May 2011

Price is less than 10 cents from changing my strategy for the day lol!

Reply With Quote
 
(login for full post details)
  #1137 (permalink)
Orlando, Florida
 
Experience: None
Platform: shoes
Trading: happy
 
GaryD's Avatar
 
Posts: 6,462 since May 2011

Respecting the low side of weekly value...

Reply With Quote
 
(login for full post details)
  #1138 (permalink)
Orlando, Florida
 
Experience: None
Platform: shoes
Trading: happy
 
GaryD's Avatar
 
Posts: 6,462 since May 2011





RTH price was contained by last week's value.

Reply With Quote
 
(login for full post details)
  #1139 (permalink)
Orlando, Florida
 
Experience: None
Platform: shoes
Trading: happy
 
GaryD's Avatar
 
Posts: 6,462 since May 2011





Still fighting to escape the W4 zone...

Reply With Quote
 
(login for full post details)
  #1140 (permalink)
Orlando, Florida
 
Experience: None
Platform: shoes
Trading: happy
 
GaryD's Avatar
 
Posts: 6,462 since May 2011






And failing again. One of the things tricky about crude oil, is it can test an area until it convinces you it won't hold.

Reply With Quote


futures io Trading Community Trading Journals > Like a turtle to his balcony...


August 5, 2013


Upcoming Webinars and Events
 

An Afternoon With futures io member TropicalTrader

Elite only
     



Copyright © 2020 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432, info@futures.io
All information is for educational use only and is not investment advice.
There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
no new posts