[brownsfan019]

Originally Posted by JKLM »

I also trading oil, and I must admit that your first oil trade was very risky from my point of view ...
I understand your entry setup ..but why did you hold it so long ?
what gives you confidence to hold it ?
and exit ..does you look on R1 ( ressistance 1 ).or something else

second setup I also take ..that was easy one

anyway you get from me today

I asume this was your trades for today

JKLM - look at your exit points - do those look random? I don't use pivots.

Just looking for a few good setups per day in each market and today was oil's turn to produce.

[hunnybunny]

Thanks for generously sharing your trades and blotters with us - Chris, brownsfan and Thalestrader - so we can learn how it's done. It's heartening to know that there are successful traders out there and even more heartening that they take the time to share their methods of spotting high-probability trades with rookies. I've learnt quite a bit from reading your various posts (but am only scratching the surface still), so please keep it up! (sorry about the emoticons - it's a girl thing)

Thanks, Grey1, for sharing the signals from your automated TS8.6 system with us, and everyone who's making this such a great and interactive thread!

I'm new to this whole thing, so there'll be lots of daft questions i'll ask - please bear with me?
Here are a couple for brownsfan, please:
(1) what are these instruments you were trading - GCLX9, ZN29, ZSX9?
(2) and if it's not too much trouble, would you be so kind as to explain the oil trade setups to which JKLM refers?

Thanks!

[subterfuge]

-1 ES point yesterday with 6 trades, so -$80.

[brownsfan019]

Originally Posted by hunnybunny »

Thanks for generously sharing your trades and blotters with us - Chris, brownsfan and Thalestrader - so we can learn how it's done. It's heartening to know that there are successful traders out there and even more heartening that they take the time to share their methods of spotting high-probability trades with rookies. I've learnt quite a bit from reading your various posts (but am only scratching the surface still), so please keep it up! (sorry about the emoticons - it's a girl thing)

Thanks, Grey1, for sharing the signals from your automated TS8.6 system with us, and everyone who's making this such a great and interactive thread!

I'm new to this whole thing, so there'll be lots of daft questions i'll ask - please bear with me?
Here are a couple for brownsfan, please:
(1) what are these instruments you were trading - GCLX9, ZN29, ZSX9?
(2) and if it's not too much trouble, would you be so kind as to explain the oil trade setups to which JKLM refers?

Thanks!

1) GCL = oil, ZN = 10 yr bond, ZS = soybeans. When in doubt, use the CME website as a reference tool.

2) JKLM made an inference as to where I entered based on the blotter. The exact trade setup is not outlined on TL.

Couple other things...

... JKLM brought to my attention that even though the time stamp is removed, it's not terribly difficult pinpointing where I entered and exited. I'm not sure that is what I want at this point so I may be blurring out prices or using a condensed p/l that just shows end of day results, not broken out per trade.

... While the exact setup isn't laid out in 1,2,3 steps, you might find a good bit of info in the Candlestick Corner which I started here on TL.

[JKLM]

brownsfan

sorry ..i didn't want offend you
I just want chat about your CL trades, and I don't see why is that a problem

btw. I see lot of post you claiming that you trade few market only AM since that is time when market moving ....
your second trade was 1 pm ...

if you don't want talk about it ....no problem we all breaking our trading rules sometimes

cya

[bathrobe]

Had a nice trade off a retrace to S/R......a tech glitch made me have to flatten to get out and cost me around 10k.

I attached a chart with some thoughts behind the trade.

[hunnybunny]

Sorry the glitch mucked up what would've been a nice trade, Chris. Man, that must have sucked. Thanks for explaining the thoughts behind the trade.

Brownsfan, thanks for the pointers.

[subterfuge]

Done for today. Happy with + 2.75

I will start posting blotters again soon, but having issues with a ninjatrader upgrade. Dont want to lose all my chart settings. Trades were:

-2
-2
2.25
1.75
1.5
1.25

Would have been a very very good day if it wasn't for those 2 losers before the market opened, trading the globex session. Thinking about not trading globex and only trading RTH. Maybe not enought volume on globex making trading too choppy?

As always, 1 contract, so +$110 or so after commissions.