CL Redux

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

  1. NoDoji

    NoDoji

    "Trade price not news", as well as "use hard stops and soft targets", was demonstrated to me when I was in a position, having totally forgotten the ADP news was due, and it ran right through my target zone. I got more than target but of course I covered way too soon :eek:
     
    #13711     Jan 5, 2011
  2. BCE

    BCE

    Good Morning :)

    ISM Services report at 10 AM (expecting 56 up for 55) and Crude Inventories at 10:30 AM as most of you know.

    Just did a sim trade last night short at 89.30 with a target of 88.50. Coulda, shoulda, woulda. :)

    I'll watch the open here and take it from there.
     
    #13712     Jan 5, 2011
  3. BCE

    BCE

  4. BCE

    BCE

  5. BCE

    BCE

    Actually this trade would have worked out perfectly. I had a stop at 89.60 which it didn't get to. Just learning these contracts.

    Let's see what the inventories report brings.
     
    #13715     Jan 5, 2011
  6. EON Kid

    EON Kid

    01/05/2011 10:30 *DJ DOE: US Crude Oil Stocks -4.161M Bbl In Wk; Seen -2.2M Bbl

    edit: looks long
     
    #13716     Jan 5, 2011
  7. BCE

    BCE

    Keeps testing the 88.12 - 88.15 level, but comes flying out of there.

    USD is strong today.
     
    #13717     Jan 5, 2011
  8. EON Kid

    EON Kid

    it should reverse
     
    #13718     Jan 5, 2011
  9. BCE

    BCE

  10. EON Kid

    EON Kid

    shorting 8960s

    ouch :eek:
     
    #13720     Jan 5, 2011