again we are in a big consolidation range marked by teh red lines (red zone) and will trade inside this range until it is broke. When it breaks ( not saying today, but maybe) i will post the next target or interesting trading price.
Trade active:
Screen share triggered short at 55.80 for a $380 gain in 30 minutes
Trade active:
posting a conversation I had that could be of great help to you all. will remove other parties name:
Hello Dear,
My name is xxxx and i am a trader of Crude oil. I have been watching your idea on the Crude oil, very interesting your ideas dear.
I have small confusion and looking for your kind help in that regarding red zones ( is that means if the price breakout on of the red line(Red Zone) and we can get in the same side of breakout?
Please reply.
Thanks & Regards,
xxxx xxx
alleytrader
thanks for asking questions
Blue lines are for each day, red is a consolidation zone to help pick direction, blue dashed is chop of red zone, orange lines are big picture from many time frames that have importance, and the purple line if used are only done intermittently and never carry after broken
The idea is the market is showing me a short term consolidation and is marked with the red line and a break of the red zone is a confirmation to the possible direction but may or may not be an actual trade trigger.
alleytrader
the trigger can come in a few forms and on occasion it can be the breaking of the red zone, I would be less likely to take the red zone break if the market moved all the way from the opposite red zone, without a minor rest. so triggers can come in the form of flags, or trigger actions after the break
alleytrader
additional info: as the day moves forward the red zone maybe come obsolete and a new trading range is activated so it may not be fixed all day.
xxxx xxx
so what will be the entry conditions with your idea please clarify.
Thanks
alleytrader
everyday or every event may have a different entry. My info in TV is to identify possible events. I run a very cheap service that provides real time triggering events based on many conditions, but let me review today and see if I can provide you an idea
alleytrader
I use a smaller time frame than 15 minutes to trigger a day or scalping trade and will post a picture here with two fast trades off teh bottom 55.40 line
alleytrader
Hello Dear,
My name is xxxx and i am a trader of Crude oil. I have been watching your idea on the Crude oil, very interesting your ideas dear.
I have small confusion and looking for your kind help in that regarding red zones ( is that means if the price breakout on of the red line(Red Zone) and we can get in the same side of breakout?
Please reply.
Thanks & Regards,
xxxx xxx
alleytrader
thanks for asking questions
Blue lines are for each day, red is a consolidation zone to help pick direction, blue dashed is chop of red zone, orange lines are big picture from many time frames that have importance, and the purple line if used are only done intermittently and never carry after broken
The idea is the market is showing me a short term consolidation and is marked with the red line and a break of the red zone is a confirmation to the possible direction but may or may not be an actual trade trigger.
alleytrader
the trigger can come in a few forms and on occasion it can be the breaking of the red zone, I would be less likely to take the red zone break if the market moved all the way from the opposite red zone, without a minor rest. so triggers can come in the form of flags, or trigger actions after the break
alleytrader
additional info: as the day moves forward the red zone maybe come obsolete and a new trading range is activated so it may not be fixed all day.
xxxx xxx
so what will be the entry conditions with your idea please clarify.
Thanks
alleytrader
everyday or every event may have a different entry. My info in TV is to identify possible events. I run a very cheap service that provides real time triggering events based on many conditions, but let me review today and see if I can provide you an idea
alleytrader
I use a smaller time frame than 15 minutes to trigger a day or scalping trade and will post a picture here with two fast trades off teh bottom 55.40 line
alleytrader
Trade active:
accompanying chart
