out BE Frustrating watching everything skyrocket while I'm sitting here BE all day but thats trading...
Hahahaha! I had 7 b/e trades today in those channels. Two of them showed me 20 and 22 ticks and I held for more and gave it all back, greedy pig that I am :eek: I need to learn that channels tend to contain price and take SOMETHING off the table! I did catch the pre-market runner from the consolidation for 66 ticks, technically one of the easiest trades ever, almost no backwash whatsoever.
stop-limit to go long at .67 My first stop-limit live in a while. In sim stop entries were working fine - let's see now :eek: Will try to get a head start anyway, I've been trying to get long since that pullback to 86.00, but honestly I'm scared like a little girl (no offense meant to little girls ) +.36 damn, out be -1
SIM Net + $690 Trades = 13 Did not take pre market great trade cuz I thought 8:30 was news event. ( no trades 20 - 30 mins before event ) How would I know that these news will not affect CL? This is what I read on yahoo economic calender Nov 4 8:30 AM Initial Claims434K Nov 4 8:30 AM Continuing Claims4382K 4356K Nov 4 8:30 AM Productivity-Prel Nov 4 8:30 AM Unit Labor Costs
Canceling that .67 stop (past my deadline) Even though we're almost 2% up for the day, I still think this has one push higher in it (gold and copper over 3% for the day, silver 6%, yen, aussie, etc. near their highs, etc.), but Ireland's woes seem to be weighing on the euro, which is almost 100 ticks from its highs and the cumulative tick is entering negative territory, so...
Those news affect everything - when they deviate from expectations. Today Claims was worse than expected, but Productivity was way better. However, market was totally focused today on those 600-900 billions for POMOs All the same, well done, +$690 (with one car I understand) is quite good, nice recovery from yesterday
today few went +180 - 200 but as I am greedy , ended up BE's. Yes with 1 car. Yesterday I had 2 trades stop out at higest tick and then went a desent way down, also near yesterday LOD missed long entry limit my 2 ticks. also on 1 trade at last minute decided not to reverse which went a long way. Yesterday I was fist fighting with CL at tick level.
sim stop-limit to get long .48 + stop-limit to add .67 10 tick stop on first fill, roll to avg. be on second fill Target a test of 87 :18 filled on the first car at .48 moved stop from .38 to .37 (low of previous bar) Either we pop higher like right now or I'm moving stop to be... 3... 2... 1... damn, too late I'd move it to .43, but with the increased volatility of EOD it's guaranteed to be hit and the trade still looks decent, so stop still at .37 I think if I had taken this trade live, I'd have had a hear attack by now If equities test their highs again, we may get a pop, even if we're already past RTH. :35 stop to be, either it pops now or it doesn't. :36 filled at .68, stop to be avg at .58 Hard target at .95, will bracket - come on, baby, run those stops! This just in: It's gonna work! (j/k, go get'em, EMG!)