Thursday 21 June 2012

Light Crude

I thought I'd do a video blog today on some trades in Crude from yesterday.


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4 comments:

  1. Severino21 June 2012 at 20:02

    Hello Boss,

    Thanks for taking the time to do the video.

    Trading requires discipline and persistent. I do own persistence.

    With that said, I asked if you would do a post on your entry plan for the Renko's.

    Thanks again,

    Rino

    ReplyDelete
  2. Electronic Local22 June 2012 at 03:57

    Hi Rino, I thought I had. Renko entries are no different to range bars:
    + Identify the trend through the CCIs and EMAs, wait for the pullback towards the 33 EMA and trade the thrust.

    ReplyDelete
  3. Anonymous22 June 2012 at 16:20

    El, can you talk a bit about FavFib numbers..do you measure it high to low or low to high of the previous trend as defined by 45cci?

    ReplyDelete
  4. Electronic Local23 June 2012 at 03:28

    Anon 16:20, as soon as I have a peak and trough I look for the extension. I'll do a post on it next week.

    ReplyDelete

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