CLPIT STRATEGY

Day Trading Crude Oil CLPIT Strategy Plus 39 Ticks

Day Trading Crude Oil CLPIT Strategy Plus 39 Ticks

Very interesting trading setup came in yesterday. Check out my special situation video on my blog (it’s only 5 minutes long).

During my day trading session today, I was able to earn 39 ticks on 1 trade. Yesterday, I didn’t want to talk about my day trading session.

YouTube Video Summary:

But … suffice it to say … it was another one of those 21 vs 36 ticks type of trading days. It is one thing to see something come in, but another thing altogether to trade it.

In any case, the special trading situation is more of an overnight swing trading type of opportunity, but it does occasionally pay off in the day trading environment.

But not as often as getting positioned and holding on tight as a swing or positional trader.

Wistia Videos:
Special Situation:
 
Part 1:
 

 

Part 2:
 
Futures Crude Oil Day Trading Charts: TST FTP Trading Account Summary Day 2

Futures Crude Oil Day Trading Charts: Wyckoff Stopping Volume (Blue)

Futures Crude Oil Day Trading Charts: Short Entry to 2P

Futures Crude Oil Day Trading Charts: 3P Hit

Futures Crude Oil Day Trading Charts: Almost 4P

Futures Crude Oil Day Trading Charts: TST FTP Trading Balance Day 3

Futures Crude Oil Day Trading Charts: Special Situation Trade (Swing & Postional)

Day Trading Crude Oil CLPIT Strategy Plus 39 Ticks

Yesterday was one of those days, where I wished I had more staying power. It is one thing to know more times than not what the market will most likely do … but another thing altogether working inside the restrictions of TopStepTrader (TST).

We had a RED BAR VOLUME HVS SKY 5788 yesterday that was an awesome trading setup coming into the morning action. This was worth at least 100 ticks in value at the start of trading today.

But …

If you have to work inside TST rules, then you are not allowed to hold overnight. In any case, I could have traded better yesterday. It goes down as 21 vs 36 ticks … type of day trading day.

 

Good Trading,

David M. Knight
TradeCraze

P.S. Get my CLPIT Strategy Click Here: CLPIT Strategy

 

 

 

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.