CL Redux

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

  1. traders: GC is providing some clarity today for CL... if nothing else makes sense.
     
    #13771     Jan 6, 2011
  2. BCE

    BCE

    You'll get it. You'll even pay cash straight up. :)

    A little bit too early on the exit. But very good trade none the less. We're going to work at holding positions longer or, as NoDoji has mentioned, reentering after our targets are hit.
     
    #13772     Jan 6, 2011
  3. BCE

    BCE

    #13773     Jan 6, 2011
  4. BCE

    BCE

    #13774     Jan 6, 2011
  5. EON Kid

    EON Kid

    star you greedy bastard :D
     
    #13775     Jan 6, 2011
  6. BCE

    BCE

    :D
     
    #13776     Jan 6, 2011
  7. BCE

    BCE

    Tried 88.30 but it stalled out and didn't follow that bounce. Let's see here.

    Took 10 cents but missed that stalled break. Still learning this contract. Shakes his head. :) Does holding for 10 cents count as staying in a position. :) When it didn't follow that move up I thought maybe it's just weak and will sell off more on any pullback. At least it seemed that way.

     
    #13777     Jan 6, 2011
  8. EON Kid

    EON Kid

    how high will this pull back to?
     
    #13778     Jan 6, 2011
  9. BCE

    BCE

    Looking for 62.50 by the end of the day...................................kidding. Haven't a clue. :)
     
    #13779     Jan 6, 2011
  10. BCE

    BCE

    It's funny that I know this but somehow today I expected CL to trade right along with the Index funds. And it did follow them down. But when they rebounded it just sat there and then rebounded and pulled back on its own. :) I even tried to enter positions using TF as a guide as it frequently makes the first move of the other indicies. Good lesson today remembering and confirming what you pointed out yesterday risk. And I did some money. So that's good to learn some lessons and make money even if it's a small amount.

    BBIB
     
    #13780     Jan 6, 2011