CL Redux

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

  1. BCE

    BCE

    Not sure about the FOMC. But that was a great play on those puts. WTG. :)
     
    #13691     Jan 4, 2011
  2. NoDoji

    NoDoji

    Absolutely! Eight winning shorts for me and out of my 3 longs, one winner and two losers. That tells the story. Shorting those lows is like taking candy from a baby.
     
    #13692     Jan 4, 2011
  3. out at .95 to scared
     
    #13693     Jan 4, 2011
  4. BCE

    BCE

    There's also the Auto and Truck sales report at 3 PM. We'll see what effect that will have if any.
     
    #13694     Jan 4, 2011
  5. BCE

    BCE

    The contract looks scared too. :)
     
    #13695     Jan 4, 2011
  6. BCE

    BCE

    Trumpet flare! Drum roll!
     
    #13696     Jan 4, 2011
  7. BCE

    BCE

  8. I traded badly but still made back the losses. Went short but it was a chase and got stopped out on CL. Then went long, and got stopped out. Went short on ES, got stopped out for 1 point.

    Finally went long on CL but did not wait for confirmation of my indicator. I set a very wide stop and also went long on ES. My thought was that market had put in a reversal. Was down 26 ticks at one point on CL on this trade, but it finally hit my target and so did ES, so I ended up slightly positive. Next time I need the patience to wait for confirmation.
     
    #13698     Jan 4, 2011
  9. BCE

    BCE

    Glad you got your money back and learned a few things.
     
    #13699     Jan 4, 2011
  10. BCE

    BCE