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TFC Commodity Trading Forum

Re: CT...better get back on target. 😁

Doct,
I suffer from the same madness.
It has taken me years to realize that I need to walk away from the roulette wheel after I place a trade.

I worked with 1 minute - 5 minute charts only to sell at the first down tic. It's called "trading the noise".
So.. I have been moving to weekly charts and working off them.
I work from monthly pivot levels and the 13/34 EMA.
Like you said - to repeat what Wayne said - set your trade - then walk away, Call an old girlfriend - pour a nice glass of Jack Daniels and go sit out in the rocking chair on the porch. Just shut the damn machine off.
Check back in before the market closes - if your buy triggered - set your stop. If not, and you are confident in your set-up - just enter a GTC order.
Good luck. In many cases, that's all your going to get - lucky.
I have 4 open orders to buy - one since Tuesday of last week.

Wayne,
My chart on Wheat shows a head and shoulders pattern. There were 2 tops - Jan 15 - 693, and Feb 2 - 688. The neck line is at 636. Whatchathink?

Top trades fellers!