CL Redux

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

  1. SteveH

    SteveH

    Donna,

    This is me paying it forward to you. Here's your call with a twist.
     
    #13701     Jan 4, 2011
  2. BCE

    BCE

    Great chart. Thanks for sharing that.
     
    #13702     Jan 4, 2011
  3. BCE

    BCE

    Glad I caught the whole move today from 92 down to 88.38. And that was for 10 contracts too. I've been waiting for another day like Friday and that day was today. Oh, wait! Shoot! That was just a dream I had during my afternoon nap? Damn! :)

    Disappointed I didn't actually catch more of the move today. Oh, well. Too many scalps. And also I was focusing on TF too, although I did well on that one. It's better to really focus on one contract and give it your full attention. Especially on days like today. And today this contract was the contract. And also I missed an hour or so in the middle of the day. It's nice to know though that the possibilities are there. We can all do the math. And then to just examine what we actually did and see what we can do to improve our entries, our holds. our stops, our exits, etc.

    Hoping everyone had a good day and made some good money.
     
    #13703     Jan 4, 2011
  4. I mainly trade future currencies and I have been following this thread for awhile and I have to say this is one of the rare journals were the group is not bashing one another but giving praise and guidance.. I look forward to more post as I am learning allot on the /CL contracts and the bright individuals here that trade them.
     
    #13704     Jan 4, 2011
  5. NoDoji

    NoDoji

    Steve, thank you much for that. I've been discussing this with my mentor at length. I've just gotten to the point in the latter half of 2010, where I've learned some advanced setups, but what you illustrate is advanced trading. I want to get to where I build up confidence to trade this way. For now, my first step is to be positioned initially on a the pullback and then add to the position on the breakout.
     
    #13705     Jan 4, 2011
  6. short 89, target 88
     
    #13706     Jan 4, 2011
  7. Funny, I just went long at 89 but i'm only looking for 20 ticks.
     
    #13707     Jan 4, 2011
  8. NoDoji

    NoDoji

    I'll front-run you, then. Limit to sell @ 89.20 :p :p :p
     
    #13708     Jan 4, 2011
  9. well played folks! I caught the 20 ticks up and then got short at 89.10 but covered at 88.75. This morning just went short at 88.20 looking for s1.
     
    #13709     Jan 5, 2011
  10. covered at .60 just pissed away everything I made last night
     
    #13710     Jan 5, 2011