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)
Where will Crude gets flushed down to? Looks like 75.84 is low for euro session.
My posts are not meant to give financial advice neither do they imply that my method is special. "THIS IS WHAT I COULD BE IF I HAD A TOTALLY CARE FREE STATE OF MIND DURING TRADING" Mark Douglas.
Trade #1. Got stopped out 76.50 area and long on Flush down. Out 76.98 area. Gave 10 minutes to see if 77.50 area gets tested but no go. Nothing magical about 77.50, i am just using low of 75.84 and adding some ticks to it to expand the range. Higher bounce makes it easier to short. CL back to 130 ticks rotation range
My posts are not meant to give financial advice neither do they imply that my method is special. "THIS IS WHAT I COULD BE IF I HAD A TOTALLY CARE FREE STATE OF MIND DURING TRADING" Mark Douglas.
ATR set up says that short may have a chance. Trade #2.
My posts are not meant to give financial advice neither do they imply that my method is special. "THIS IS WHAT I COULD BE IF I HAD A TOTALLY CARE FREE STATE OF MIND DURING TRADING" Mark Douglas.
I was talking with someone who asked me how can he transfer his results from SIM trading into LIVE trading? he told me he is quite relaxed during SIM trading. The reason he is relaxed because he is using
1) Wide stop loss to stay from noise.
2) he does not mind position going against him as long he is trading with the trend.
I asked why he can not do the same during LIVE trading? His answer " He can not afford wide stop loss". I told him to either quit trading or practice in SIM ONLY what he can replicate during LIVE trading. there is no point oing one thing in SIM and something else during LIVE trading. The problem is he is not relaxed even in SIM mode with Mikey Mouse trades. I think he is close to getting it.
My posts are not meant to give financial advice neither do they imply that my method is special. "THIS IS WHAT I COULD BE IF I HAD A TOTALLY CARE FREE STATE OF MIND DURING TRADING" Mark Douglas.
NG short not looking good. One can not be just focused on one trade. Waiting for a flush up to add to short. So called pain has a tendency to clear my mind more than gains.
My posts are not meant to give financial advice neither do they imply that my method is special. "THIS IS WHAT I COULD BE IF I HAD A TOTALLY CARE FREE STATE OF MIND DURING TRADING" Mark Douglas.
#1, #2, #4 ( added to short) , #5 neither here or there and #6 working. If a trader has aspirations to trade/manage a portfolio of positions, one can not MESS around.
My posts are not meant to give financial advice neither do they imply that my method is special. "THIS IS WHAT I COULD BE IF I HAD A TOTALLY CARE FREE STATE OF MIND DURING TRADING" Mark Douglas.
I Believe #5 is Ready to Drop out....the Only Factor to be aware of is if we get a Cold snap down here in Florida.
That will cause a Scare and OJ could Rally to the upside on Freeze concerns.
But Technically on the Daily if we Break below 132.50 level...it should head toward 115.
I just keep the Freeze Concern in mind.,,,,you Never know about this time of the year on that Concern.
