CL Journal

Discussion in 'Commodity Futures' started by Buy1Sell2, May 3, 2017.

  1. helgen_1

    helgen_1

    Since you have started a journal: What do the charts say?

    H.
     
    #11     May 3, 2017
    comingkingofisrael likes this.
  2. Buy1Sell2

    Buy1Sell2

    Right now, they say long---that's why I bought--
     
    #12     May 3, 2017
    comingkingofisrael likes this.
  3. motif

    motif

    That's an excellent reason to trade.
     
    #13     May 3, 2017
  4. Buy1Sell2

    Buy1Sell2

    The reason to trade is to make money. A chartist TA trader like myself is able to trade any liquid market without any knowledge of underlying fundamentals. In fact, analyzing fundamentals likely clouds thinking when it comes to trading markets. What I do is limit my losses and let gains run to maturity. That's basically just about all one needs to know.
     
    #14     May 3, 2017
    _eug_ and algofy like this.
  5. drm7

    drm7

    What charts do you usually use for swing trades like this? 1 hour? 4 hour? 15 minute?
     
    #15     May 3, 2017
  6. Buy1Sell2

    Buy1Sell2

    All 3 plus daily and weekly
     
    #16     May 3, 2017
  7. Buy1Sell2

    Buy1Sell2

    A bit of an early setback here as price is currently 46.86. Stop remains 46.21.
     
    #17     May 4, 2017
  8. Buy1Sell2

    Buy1Sell2

    Stopped out for loss of 1.68
     
    #18     May 4, 2017
  9. Buy1Sell2

    Buy1Sell2

    Long June 46.17 Initial stop 45.20
     
    #19     May 4, 2017
  10. :D

    you went long in a downtrend, pretty much what surf does
     
    #20     May 4, 2017
    murray t turtle likes this.