Zodiac, this journal was written to share my thoughts and trades with new traders because I empathize for the learning process that new traders have to undergo. This journal is not open to everyone. However, I will make an exception in your case contingent upon the following condition. You will always conduct yourself in a professional manner. This means that if someone insults you, you will show some class by putting this person on ignore status or simply not responding to this person. Why? I do not want "Adventures in Trading with a Killer" to degenerate into a name calling contest. If you can do this, then I will be happy to have you on board. Take some time to ruminate before you make your decision.
I, the Hedge Fund Killer, welcome Zodiac4u into the "Brotherhood of Killers" and bestow the title of "Honorary Killer" onto Zodiac4u. I don't mean "killer" in the macabre sense, but in the trading sense. This status is revocable if Zodiac4u behaves in an unprofessional manner. Feel free to post your thoughts, trades, Q&A, and charts. As long as you behave in a professional manner, you will always have my approbation.
Thank you, thank you. Today i have the gas company out to do a repair, on my main shut off. we will be in and out of my house. not a lot of trading. earlier i did a few trades on ES and posted them on the ES journal. But i wanted to ask you about the 30mn chart, I've noticed that the bars showing mixed closes on the CL, with heavier volume to support. from a day trader perspective, i would be suspicious about being short at that area until we drop firmly below the 200ma and close weak. Just my 2 cents worth. I have to step away now.
CL @ 71.36. S/L lowered to 71.84 on this trade and the other trade as well. Let's see if the Baker Hughes Oil Rig Count shows that the number of active oil-drilling rigs rose for a seventh straight week or not.
Stopped out @ 71.89. Loss = $50 per contract on my short @ 71.84. Loss = $30 per contract on my short @ 71.86. The Venezuelan election today is behind the big move.