CL Redux

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

  1. gov

    gov

    I'm fishing for marlin, not herring.
     
    #12791     Nov 12, 2010
  2. EON Kid

    EON Kid


    BTW I agree on your longer bullish analysis, You probably got a great entry to swing it.
     
    #12792     Nov 12, 2010
  3. Picaso

    Picaso

    OK, now...

    YOU'da man!
     
    #12793     Nov 12, 2010
  4. gov

    gov

    Thanks, this is one of those "where the rubber meets the road trades". I have learned to be patient and follow the plan, they often look bad but tend to pay really well. Carefully entered, one can get a nearly free trade, in the trend direction. Obviously, some do lose, however, can't help that.
     
    #12794     Nov 12, 2010
  5. gov

    gov

    The siren song is playing... I gotta stick my head in the sand for a few moments; going to go feed the horses, see ya on the other side.
     
    #12795     Nov 12, 2010
  6. Picaso

    Picaso

    sim

    long .72

    SAR .52

    Target a re-test of that .40-60 area

    flipped at .67 (bad fill, was trying to flip at .69-70) --> -5 ticks

    stop 20 ticks normal

    In-the-red add at .79 --> stopped out at .87 --> -28 ticks (total -33 ticks)

    Not reading this well today (as opposed to my usual reading well but trading like crap)
     
    #12796     Nov 12, 2010
  7. Picaso

    Picaso

    sim

    stop-limit to short at .52

    not very confident, but gold also fast approaching its LOD

    :55 filled at .50, stop to be, target a test of 85 flat

    :57 stopped out at .25 on a tightly trailed (once) stop; had a hard target at 85.05

    --> +25 ticks; rolling total -8 ticks (-10ish with comms)

    Tempted to get long here
     
    #12797     Nov 12, 2010
  8. Picaso

    Picaso

    sim

    stop-limit to get short at .21

    will look to short as well at a retest of the previous HOD at .50-60-ish
     
    #12798     Nov 12, 2010
  9. gov

    gov

    I'm back, you guys are clearly leaning on the wrong side of the boat. Please step to the other side, thank you.

    Kid, looks like your read was correct... I added a bit more here, in for a penny, in for a pound I think. That was either capitulation, or the start of a big ass downtrend. I think that was the end of the down. Tough to tell.
     
    #12799     Nov 12, 2010
  10. Picaso

    Picaso

    IMHO, look at the metals. [Edit: or the grains, or the softs - and I started the day with a long bias, so I wanted to buy the break of 86.60 on a pullback, not fade it; probably due some rebound at lunch, though]

    This smells like China, not Ireland.
     
    #12800     Nov 12, 2010