CL Redux

sim

short .37

stop at .40

Not going long here

:49 stop to be (+20)

 

Excellent entry, btw.

 

yeah I'd say the same, wow 3 tick stop, very nice

 

Entered with a 10 tick hard stop, but moved it as soon as it dropped a few ticks.

OK: stopped out at be as I'm typing this.

You use pretty tight stops most of the time, don't you?

 

Dejavu, I'm curious if your strategy is working out today, with the pullbacks being so shallow?

ADD: The 20 EMA is now .90 from the RTM level of the initial push.

 

it depends, only some setups, my trading is evolving and the stops are increasing :eek:

 

Another 1.00-1.50 to be had eod on the long side I think.

 

Actually if we break this .40 level <i>hard</i>, I'd say we can go to 85, yes (thin air above where we are right now).

Still, until we do, I'd favor fading resistance here [Edit: but of course, once we've broken hard it will be <i>too late</i> to go long ].

 

Deja,

I wondered the same. CL has moved up from 81.40 on its way to 84 with minimal pullbacks.

I wouldnt say this is "extreme" by any means, just a nice pre holiday move.

How is the strategy handling this?

 

YES