TopStepTrader 30K Trading Combine

TopStepTrader 30K Trading Combine Day 7

Friday: November 6th, 2015

Day 7 TopStepTrader 30K Trading Combine

Best Trade of the Day: Trade #4 Short 4491 at 8:45AM CST. Trade Exit 4441 at 9:24AM CST. Plus 50 ticks.

Overall on the trading day, I was up 29 ticks. I have 1 win, 2 losses and a breakeven trade on the session this morning.

Crude Oil Futures Day Trading Chart: Fake Out Entry today as the Crude Oil Market hit the Fib Retracement number of 61.8 and went back down.


Crude Oil Futures Day Trading Chart: Fake Out #2


Crude Oil Futures Day Trading Chart: Fake Out #3


Crude Oil Futures Day Trading Chart: Time to Finally Move to BreakEven on the Short Trade as the market repelled from the last run up.


Crude Oil Futures Day Trading Chart: Fake Outs and finally 1P Profit Target Run at 4468


Crude Oil Futures Day Trading Chart: 2P Profit Target Run at 4445


Crude Oil Futures Day Trading Chart: Finally a move in my favor greater than 50 ticks!


Crude Oil Futures Day Trading Chart: Trade Exit on a Red Bar Volume Warning … time to tighten up the stop. I was filled at 9:24AM Trade Exit 4441. Funny how yesterday I thought the market would get down and go past 4444 … but it took to today to drive it there.


Commentary: See Video above for more detail on the trading day.

 

Good Trading and God Bless,

David M. Knight
TradeCraze

P.S. TopStepTrader 30K Trading Combine 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.