Crude intraday

[ThingyMajiggy]

Up 36c so far today, went long @ 76.72 and out @ 77.09, so now watch it fly to the moon

Have you tried a longer time-frame during the Asian session Apoc? Do you get lots of false trades/chop with that method during the Asian period?

 

[>Apocalypto<]

Have you tried a longer time-frame during the Asian session Apoc??

No, normally I don't trade it. today I was silly.

Do you get lots of false trades/chop with that method during the Asian period

Not always but the chances are higher from what i have seen.

 

[Wysiwyg]

My

What did you expect? A trader with limited ability trading an instrument like Crude on short time-frames and using CFD's to boot is bound to end in tears.

Exactly my message for anyone with stars in their eyes.

 

[>Apocalypto<]

Exactly my message for anyone with stars in their eyes.

The original feeling I felt in your 1st post was you can’t trade CL on short time frames and make a profit?

 

[Wysiwyg]

The origional I felt in your 1st post was you cant trade CL on short time frames and make a profit?

No I couldn't and that is exactly what the sentence says.
How is your currency trading going? Are you just having a look at alternative markets or are giving away currency trading altogether?

 

[>Apocalypto<]

No I couldn't and that is exactly what the sentence says.
How is your currency trading going? Are you just having a look at alternative markets or are giving away currency trading altogether?

still trade FX here and there. mosltly EUR/JPY and EUR/USD GBP/JPY on 1 -2 hour time frames.

I love this short term stuff. on Fx it's very very very very very very very hard with the method I use. To my supprise it goes well on CL. I am also about to start trading XJO opions again on daily charts, then I will be doing away with FX apart from looking at 2 hour EUR/JPY.

 

[Wysiwyg]

still trade FX here and there. mosltly EUR/JPY and EUR/USD GBP/JPY on 1 -2 hour time frames.

I love this short term stuff. on Fx it's very very very very very very very hard with the method I use. To my supprise it goes well on CL. I am also about to start trading XJO opions again on daily charts, then I will be doing away with FX apart from looking at 2 hour EUR/JPY.

Okay so you weren't all that successful at Forex trading. That is okay to admit so now you are trying other instruments. Let us know how you go.

 

[>Apocalypto<]

Okay so you didn't succeed at Forex trading. That is okay to admit so now you are trying other instruments. Let us know how you go.

LOL, I still trade FX you Muppet. But I as a person I prefer faster time frames so I don't have to spend 24 hours of my day thinking about the FX market. CL is 5:30 - 12:00 - 1 am tops. 1 hour FX is all day and night from asain session open. I want to have more of a life. Nothing to do with failing. You have to quit to fail at something.... I have not quit. I still watch EUR/JPY..... and look to trade it. why don't you try to trade CL on NYMEX mate before you tell us all, it's to hard....

 

[Wysiwyg]

LOL, I still trade FX you Muppet. I still watch EUR/JPY..... and look to trade it. why don't you try to trade CL on NYMEX mate before you tell us all, it's to hard....

But that is what player like you are here for. To show everyone how easy it is. I did not tell everyone it was too hard. I stated my experience of it and you changed that to your own perception. If you want to engage in communication then stick to the facts instead of altering what I post to your own perception, you gun simulation trading muppet.

 

[>Apocalypto<]

But that is what player like you are here for. To show everyone how easy it is. I did not tell everyone it was too hard. I stated my experience of it and you changed that to your own perception. If you want to engage in communication then stick to the facts instead of altering what I post to your own perception, you gun simulation trading muppet.

open an account with IB trade CL and starting telling us about your experiences.

I am not interested in exchanging dribble with you.

 

[Kryzz]

Just to confirm, smallest move in crude is $0.01 ie 1 cent = 1 tick, tick value =$10USD?

cheers

 

[ThingyMajiggy]

Just to confirm, smallest move in crude is $0.01 ie 1 cent = 1 tick, tick value =$10USD?

cheers

Yep.

 

[>Apocalypto<]

well I took off with 13 cents and it just took off!

cut my losses down by over 50% so happy with that.

plenty of strong buying tonight. If the range hits 20 on Ninja I will be on the side lines also got saints on at 7:30

the screen shot is of my live account with live trades. (some members who don't trade crude find it very important to know this.)

Sammy Boy how you going added to your 35 cents?

good trading guys

Cheers

 

[ThingyMajiggy]

Sammy Boy how you going added to your 35 cents?

Well done Apoc Keep at it.

Nah haven't added anything yet, just been watching it, I could have 2 or 3 times, but decided not to, not sure what the big deal about posting sim results is, that is what I am doing, I have absolutely no intention of going live before I KNOW I am consistent and KNOW why I am profitable, only makes sense to me. Same as you wouldn't buy a car without test driving it first. I'm quite happy with the fact that I am improving and I am starting to see things that I haven't seen before, going straight into live CL trading would be suicide IMO.

Has been a pretty strong Asian session, I have a dead patch on my data, I'm not sure if its supposed to be there or not though, from 1:40pm - 2:10pm(SA time). Anyone else got this? It didn't seem to happen live, I refreshed my charts and it appeared, have tried refreshing them again but its still there. Weird.

 

[>Apocalypto<]

Well done Apoc Keep at it.

Cheers mate.

Nah haven't added anything yet, just been watching it, I could have 2 or 3 times, but decided not to, not sure what the big deal about posting sim results is, that is what I am doing, I have absolutely no intention of going live before I KNOW I am consistent and KNOW why I am profitable, only makes sense to me. Same as you wouldn't buy a car without test driving it first. I'm quite happy with the fact that I am improving and I am starting to see things that I haven't seen before, going straight into live CL trading would be suicide IMO.

Sam, forget about that person coming in and releasing there frustrations. I actually missed the first run while wasting my time replying.

I really enjoy and appreciate your posts and I don't care whether their sim or live, that is meaningless to me. What i enjoy seeing is your journey to get to a goal. So take it easy and forget about that rubbish that was put up as a cheap dig(at me). Take your time mate you will know when your ready to go live. Please keep posting and be proud of your achievements. At times last year I took sim breaks when I felt I needed a week or so to get my eye back in. I love the fact you post up all you results, you and nomore4s are the reason I have gotten into CL. I am very thankful to you guys for opening my eyes to this fantastic market.

Has been a pretty strong Asian session, I have a dead patch on my data, I'm not sure if its supposed to be there or not though, from 1:40pm - 2:10pm(SA time). Anyone else got this? It didn't seem to happen live, I refreshed my charts and it appeared, have tried refreshing them again but its still there. Weird.

It must have only affected sim accs I didn't notice it. the ranges have been massive since last Thursday night, I was a Muppet today ballsed up two trades.

On the last winner I was mucking around with my stop and it canceled out the bracket! I was mentally praying the int did not drop out!

Good trading mate.

 

[ThingyMajiggy]

Sam, forget about that person coming in and releasing there frustrations. I actually missed the first run while wasting my time replying.

I really enjoy and appreciate your posts and I don't care whether their sim or live, that is meaningless to me. What i enjoy seeing is your journey to get to a goal. So take it easy and forget about that rubbish that was put up as a cheap dig(at me). Take your time mate you will know when your ready to go live. Please keep posting and be proud of your achievements. At times last year I took sim breaks when I felt I needed a week or so to get my eye back in. I love the fact you post up all you results, you and nomore4s are the reason I have gotten into CL. I am very thankful to you guys for opening my eyes to this fantastic market.

Thanks for the kind words

It must have only affected sim accs I didn't notice it. the ranges have been massive since last Thursday night, I was a Muppet today ballsed up two trades.

On the last winner I was mucking around with my stop and it canceled out the bracket! I was mentally praying the int did not drop out!

Good trading mate.

Yeah dunno what it is, it didn't effect me, I wasn't trading it at the time, just noticed it appear when I re-freshed the chart. I'm surprised at how strong the markets have been today.

 

[nomore4s]

Sorry guys been a bit busy lately.

I haven't really been trading crude much due to not being able to trade the late hours atm and the fact I've had a couple of good days on the SPI so I decided to have a few early nights.

But it looks like I will be trading full-time from next month so will be able to spend more time with Crude.

Had a bit of a flutter on crude tonight albeit only 2 trades but off to bed shortly as I have quite a few commitments on the weekend and need my rest:.

Have attached todays results for you guys, but Friday's results make today look like chicken feed - great few days in the market, wish conditions were like this all the time, lol.

I have a dead patch on my data, I'm not sure if its supposed to be there or not though, from 1:40pm - 2:10pm(SA time). Anyone else got this? It didn't seem to happen live, I refreshed my charts and it appeared, have tried refreshing them again but its still there. Weird.

I also noticed this this arvo, was on Gold & AUD/USD as well.

 

[ThingyMajiggy]

But it looks like I will be trading full-time from next month so will be able to spend more time with Crude.

Have attached todays results for you guys, but Friday's results make today look like chicken feed - great few days in the market, wish conditions were like this all the time, lol.

lol, well done! I wonder what its going to be like once you go full time you'll need another widescreen just to see how much profit you have : Nicely done Mr. 4s btw, whats the SPI??

Tonights effort from me, 16 trades, 8 winners, 8 losers. Trading 1 contract. I was just watching it earlier around the open, picked some great trades, didn't actually take them though starting to see them easier now, then actually made a few trades hoping what I saw around the open might happen again but it didn't, bit mishy mashy, but the winners were bigger than the losers, thats the main thing

Trade well guys

 

[Kryzz]

Sorry guys been a bit busy lately.

I haven't really been trading crude much due to not being able to trade the late hours atm and the fact I've had a couple of good days on the SPI so I decided to have a few early nights.

But it looks like I will be trading full-time from next month so will be able to spend more time with Crude.

Had a bit of a flutter on crude tonight albeit only 2 trades but off to bed shortly as I have quite a few commitments on the weekend and need my rest:.

Have attached todays results for you guys, but Friday's results make today look like chicken feed - great few days in the market, wish conditions were like this all the time, lol.



I also noticed this this arvo, was on Gold & AUD/USD as well.

Awesome job Nomore! What sort of style of trading is that, scalping/intraday swing trading, if you don't mind me asking?

cheers

 

[nomore4s]

Awesome job Nomore! What sort of style of trading is that, scalping/intraday swing trading, if you don't mind me asking?

cheers

It's a bit of a mixture really.

I tend to trade each market slightly differently and then also change tactics depending on what I'm expecting for the day (or period I'm trading) on that instrument.

For instance the last few days (not today) on the SPI have been more buy and hold type days riding the trend but other days I look to trade an intial move from open for 10-20 points.

With crude I tend to scalp more due to the nature & speed of its movements but I do also look to catch larger moves when the opportunities present.

The thing with trading intra-day on futures markets is having an understanding of what the market is offering up each day and then applying a strategy to take as many points/tick/pips/cents out of the market that day. On choppy days I try to scalp, on trending days I try to capture decent portions of the trend and on bad days I just try to reduce the damage I do to my account (which unfortunately is probably the hardest part of trading), the real trick to trading imo is being able to identify what type of day it is and then having the skill to make the most of it.

As good as my results have been in the last few days they could have 4-5 times better but I failed to make the most of it even though I correctly identified what was happening in the markets, this is where the true skill in trading lies imo.