CLPIT STRATEGY

CLPIT Strategy November 23rd 2016

CLPIT Strategy

Some trading days it’s best to head to the sidelines and protect your trading capital. When the strategy is not going anywhere and you have an FOMC event later on in the day.

The best thing to do is exit stage right on your trading activities and call it a day.

During the trading day, I had 3 trades for a net of 3 ticks day trading in the crude oil futures market.

Futures Crude Oil Day Trading YouTube Video:

 

Futures Crude Oil Day Trading Charts: Day 6 TST Funded Trading Account Summary

Futures Crude Oil Day Trading Charts: CLPIT Strategy Short Entry

Futures Crude Oil Day Trading Charts:

Futures Crude Oil Day Trading Charts: 1P Profit Target Hit

CLPIT Strategy

There really isn’t much to talk about today. Sometimes the best course of action is to simply stand aside and move on to the next trading session.

This, in a nutshell, is exactly what I did as a day trader in the crude oil futures market today.

 

Good Trading,

David M. Knight
TradeCraze

P.S. Happy Thanksgiving!

P.S.S. TopStepTrader Funded Trading Account Summary

 

 

About The Author

David M. Knight

I am a 30 Year Futures and Commodities Trading Veteran. In addition, I enjoy games of skill and chance like: poker, craps, blackjack and roulette. During my professional career, I have developed and implemented successful trading strategies and methods; along with winning systems in games of skill and chance. Join with me on our mutual journey together.