CL Redux

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

  1. Picaso

    Picaso

    sim (too upset to trade right now)

    +.58

    stop to add at .71

    10 tick stop loss

    :50 stop-loss to be - TICK bending with ES at resistance.

    :51 "stuppided"-out at be.

    :54 stop to get long at .71 & long at .71

    :00 went to the toilet (I know, you could have lived without that image) without tightening my stop from 20 to 10 ticks, so still in this trade, but tightening it now.

    :03 stopped out -10 ticks

    Maybe I should move to the States and apply at Walmart.
     
    #11261     Oct 5, 2010
  2. the dx finally hit a congestion area although I was hoping DX @78 = CL @ 83 but nothing is ever that perfect. 83 seems like a given at this point so kinda pointless to get more short. I am looking to short 83 or short below 81.45 or maybe below 82, kind or airy between 82 and 81.45. If it keeps the same look at 83, this build and fill kinda movement I'm going in trader mode.
     
    #11262     Oct 5, 2010
  3. 82.70-83.00 should be good resistance. I don't expect it to penetrate this area ahead of numbers tomorrow.
     
    #11263     Oct 5, 2010
  4. Picaso

    Picaso

    sim

    -.53

    stop to be (got in late)

    stopped out be
     
    #11264     Oct 5, 2010
  5. Picaso

    Picaso

    Traitor and Addict (hey, your words, not mine :D)

    Edit: OK, Star and Risk,

    Yes, this area should provide resistance, but if we break we're going to 86 in a spell.

    Gold nearing 1350

    Euro nearing 1.4000 in the midst of beggar-thy-neighbor

    ES nearing 1160 with Ben picking the bill

    All good places for shorts, maybe, but also too tempting for bulls not to try to break them hard
     
    #11265     Oct 5, 2010
  6. Are we getting resistance at .70 just because August activity or is there something else? If that is the only thing acting as resistance I'll be looking for 86 as well.
     
    #11266     Oct 5, 2010
  7. Picaso

    Picaso

    sim

    +.73 on a stop order

    (never give up or never learn?)

    Tempted to lower the stop to 82.40, but...

    stop tightened to .63

    :49 stopped out at -10 ticks

    (I hear you RA and I feel your pain, this is like getting your scrotum waxed :( )
     
    #11267     Oct 5, 2010
  8. I prefer being broken hard than slowly tortured like this :eek:
     
    #11268     Oct 5, 2010
  9. short .70, add 83.03
     
    #11269     Oct 5, 2010
  10. exit .34


     
    #11270     Oct 5, 2010