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That's why these days I am having so much trouble in reading OIL, yesterday this OIL was looking like to breakout this weekly triangle and today it's looking like going to breakdown. No real edge in OTF here. It MUST be NEWS, any good NEWS related services?
They are the cream of the crop. For example, you can even ask them questions if you see a move happening like in CL or whatever market and they will give you their best info relating to perhaps why it is moving like it is. This part is not for educational questions so I was told understandably.
If you are interested email Jessica at [email protected] she is who I am dealing with. But like I said I have not signed up with them yet and have zero ties to them.
I didn't realize I bought September contract so closed that for small profit. I will analyze and reenter the position later (Generally when I do this I keep missing the trades though...)
It's been a long time since I posted here in this journal.
ONE MUST ADAPT ELSE WILL DIE IN THIS BUSINESS.
I want to scalp/trade ZB and ES, I have my own reasons for choosing these instruments. I guess every trader must start from there i.e To find out which instrument is RIGHT for your personality and your environment.
With current conditions ES is also bad so I want to eliminate it for trading but unfortunately I can't eliminate it to watch.
I guess my mindset and my personal environment is well suited for SLOW moving instruments.
Today, I started trading ZB but I did overtrade it and still ended up positive on ZB but monkey in my mind traded ES too and it ended up as a loss. So, KEY here is to findout which instrument will respect levels.
Thanks for remembering Ron, I just saw your message. I will be back soon need to fix few things. I just need one hour of proper time with no distraction for trading and I should be fine. I am working towards getting that one hour of time. Just need to keep it simple as it was mentioned many many times by experts.
