CL Redux

Reverse short 76.01

 

Sold top of range. Added a short at 76.10 and dumped it quickly as I thought they might flush through this small area of support. Turns out the "support" was all in my own head and it wasnt really much of a level so I kept the trade from above and dumped the add. I thought this may go to 75.70/65 area but thus far it turned earlier. I got out of the short w 20 ticks profit. I wanted to hold longer but am just learning how this market ebbs/flows.

 

long .03

 

add 75.86

 

These yes-but-no breakdowns must be breaking the balls of momentum traders.

I've got support at +/-75.60 and then air till 74.80.

Inventories coming up in 15 minutes.

 

in 1 hour chart yes, but not the case in 4 hour chart

 

thanks picaso, on the es chart that says it will fill the void from a few days back

 

Hehe....sage advice!


Anyway, long here at 75.78. Time to play the rip. Stop at 75.40.

 

and there it is....lol


pretty predictable

 

startraitor
exit 76.15



Registered: Jan 2008
Posts: 2371


09-29-10 10:10 AM

add 75.86




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Quote from startraitor:

long .03
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