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)
This is on going struggle for me to juggle personal life and trading life.
I set limit buy on QM so was able to get QM long for a swing but was not in-front of the screen to execute the plan on ES as you can see it was a beautiful long if anyone got it.
I recognized my issue of not be able to in-front of screen at right time and tried to automate the plan. Some days I think I am so near and next day market shows me I am way far...
Edit: Stop on QM moved to breakeven, I am trying to ride this uptrend this time.
Daily Trend - After pause it seems resuming DOWN trend as seen in PF and Volume Profile charts but it's right at support of 43 area if this misses I am looking for 41.80 are for support.
15 Min PF chart Trend - DOWN
Bias - SHORT based on all time frames and ON action but one should be very careful because quradraple witching
Plan - No trading today as last few Friday's I got whipped very badly
Daily Analysis - ES
Daily Trend - DOWN, ES will be more tricky than CL I guess because pernial FED intervention and bulls
15 Min PF chart Trend - DOWN
Bias - SHORT based on all time frames and ON action but one should be very careful because quradraple witching
Plan - No trading today as last few Friday's I got whipped very badly
Yesterday did nothing after seeing OR of 5 ticks on CL
CL Analysis
Daily Trend - Down (Accelearating towards 41.80 and 40's, Look for divergence in CD for trend reversal)
15 min PF Chart - Down
Bias - SHORT but my damn mentality doesn't allow me to take short trades, my mind always thinks what if price reverses after I take the position so always looks for reversal. This kind of thinking is profound on shorting.
Plan - Wait of OR and look for clues in CD and OR.
ES Analysis
Daily Trend - Down (Trying to make a bounce and nearing resistance 2150, Above resistnace I will consider it as trend change. Also, look for divergence in CD for trend change)
15 min PF chart - UP (Right at congestion area of 2140)
Bias - LONG based on ON action
Plan - Wait for OR and if market internals support bias buy the dips.
Not much analysis today as I have to go to daughters schools for breakfast with dads.
I am seeing lot of selling underneath (as per CD) in both CL and ES but price is making highs waiting for some news. This makes sense for Oil report and FOMC.
)