CL Redux

Discussion in 'Journals' started by schizo, Oct 9, 2009.

  1. Picaso

    Picaso

    1) If it's hard for you to get up a bit earlier, leave the computer on at night (just switch off the screen).

    2) 74.60-ish is the October contract; many people will not roll to November until tomorrow.
     
    #10711     Sep 16, 2010
  2. Here we go, the illuminati are broadcasting it right now, up up up!!!!
     
    #10712     Sep 16, 2010
  3. schizo

    schizo

    Hence I'm keeping the bullhorn for myself. But back to my original question. What's the rationale for your bullish call?

    Perhaps you see something that I don't. As for me, I see nothing (especially on the daily) to suggest that this EXTENDED rally is sustainable.
     
    #10713     Sep 16, 2010
  4. I was getting up early last week, and had 3 losing days in a row. So I thought what has changed with my strategy that is causing this problem? I then thought I am trading during lunch hour. So I decided since I can't catch the opening bell, I will just sleep through lunch. This week including Sunday, I have not had a losing day which is why I am taking off Friday since I don't want a losing day right before the weekend.

     
    #10714     Sep 16, 2010
  5. Its Thursday, I also predict a rally higher, long with sim trades now in ES and CL since I am done real trading.

     
    #10715     Sep 16, 2010
  6. Picaso

    Picaso

    Fine, not judging or anything (I'd noticed your PST), just think about having everything up and running for the time you get up.
     
    #10716     Sep 16, 2010
  7. That ascending triangle from last week worked for $2 to the upside but now that bottom trend line is being tested. Why does this crap always happen around expiration? I don't make predictions but I predict we see 71 before we see 78 again. Three big red daily bars usually means two or three more big red daily bars. Plus I'm net long now so it's gotta tank. I think I'm gonna get long some volatility with a neutral delta and use 78 as a lid. Until then I'll live of my short coffee winning :D Have a great weekend everyone!
     
    #10717     Sep 16, 2010
  8. schizo

    schizo

    My hats off to ya, bro. Never thought this would actually happen. Since it broke the high in the AH, I still need to see where we trade in RTH tomorrow.

    So what's your target. provided we cruise higher from here?
     
    #10718     Sep 16, 2010
  9. ammo

    ammo

    offer 76.38
     
    #10719     Sep 17, 2010
  10. EON Kid

    EON Kid

    Crude Diamond ???
     
    #10720     Sep 17, 2010