I did not take any trades on Friday as I did not have a feel for the market. Price rallied on ES and YM and I do not like one directional days so it was a good decision for me. Anyways, taking breakout trades is not my forte as I prefer the pullback in a trend. There were many breakout trades today for those who prefer them on both instruments. I have poested a few screenshots of RPM breakouts catching the momentum trades. I am seriously looking to start taking breakout trades in the future. I need to lose my OTA head to do so though.
Here are a couple of videos with my trade ideas on oil. I missed a good pull back to a supply zone which could have given around 60 ticks.
http://www.screencast.com/t/Rxcmro2c
http://www.screencast.com/t/hNqI2N6TME
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