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)
Can someone explain or confirm chart data attached of CL. 2011-04-20_1608 - babypowder's library
After the 1st target I moved stop a little above BE and it was not triggered when my charts shows price hit well below my stop but I'm still active 1 order????
Is this a data glitch or a sim thing?
Your boy BP,
Thanks.
Can you help answer these questions from other members on NexusFi?
6E- 240 min chart, I wanted to show volume confirming big support. Also, there's a gap not filled at what is now support. I am not comfortable taking longs till the gap is filled. 2011-04-24_2023 - babypowder's library
6E- 240 min chart shows the gap filled which I wanted to see before going long. You will also see a big rejection candle right on support area. 2011-04-25_2212 - babypowder's library
6E- 60 min chart, I zoomed here to fine tune an entry and you can see a IB right were I want it going long @ 4520. See attached. 2011-04-25_2220 - babypowder's library
CL- 1440 min chart shows that we are in the bottom of the channel, also its stalling at previous high while still making a new high. 2011-05-02_1848 - babypowder's library
CL- 240 min chart shows we are consolidating, also last candles is a IB working its way down probably towards the shaded area I highlighted (further explained below). 2011-05-02_1852 - babypowder's library
CL- 30 min chart shows a range market notice how volume reacts to the price levels. 2011-05-02_1903 - babypowder's library
Short term play is to wait for price to hit a 30 min range level and fade.
CL-1440 min chart, shows TL breakout with last bar being a bullish pin bar which tells me this will start to pullback. The question is where will it pullback to? Attached you will see the top shaded area (106-108) which was the last significant level and also happens to be 61.8 retracement area. When we get there we will zoom in to fine tune an entry. 2011-05-07_1809 - babypowder's library
6E-1440 min chart, shows potential TL break but its running into previous HH, 2 scenarios i will want for a breakdown pass the last HH level or a realignment back to the TL channel. (NOTE: BIG EURO NEWS GREECE IN TALKS TO EXIT THE EUROZONE!) Maybe reason for TL break? We will see. 2011-05-07_1821 - babypowder's library
CL- 30 min chart, fine tune entry at IB with STOP @ last HL after major bar reversal, counter trend play so I will be aggressive with profit taking. 2nd target @ 50% retracement of the major trend or the TL touch. We will see. https://screencast.com/t/lqDVldlnTI
