4/12 (+76) Ninja issues

Had Ninja problems, trade history gone, had to repair/reset/reload, all that good stuff.

(C2 shows like +156 or so)

How I trade:

-> I first identify the context of the market. This is done by drawing trend lines where price has proven them already, and then most times, taking a parallel of these lines, and drawing ‘potential’ or unproven trend lines.

-> Once the trend lines are identified, I will locate key areas where price has failed to breakout/down, or has shown support/resistance on more than one occasion. I give the most “weight” to the most recent price action at that point.

-> Wait for price to approach a trend line, as well as have potential support/resistance in the same area, and then take the trade.

-> I trade 1-5 contracts. Full stop <$600. I look to trade from 7:30-10:30 CST.

Spank the Markets - CL Edition Trading Blog

Monday, April 12, 2010

4/12 (+76) Ninja issues

No comments:

Post a Comment