Not trading again today. Didn't want to take all of your $$$. What a thoughtful guy that BCE is. Hope you'll take advantage of this great opportunity. Starting threads instead. Algorithms Take Control of Wall Street - Wired Magazine January 2011 http://www.elitetrader.com/vb/showthread.php?threadid=213570
no trades yet don't have guts to pull the trigger, anyone trading actively today and if profitable I salute you.
I always like to look at different time frames for charts to add some perspective. Here's a CL 02-11 Weekly 20 EMA chart. You can see overall resistance and support.
I don't think I could possibly be trading more actively with 13 trades and 11 b/e. Did manage to squeeze out a couple profits, one off the pre-market double bottom (20-day EMA double touch) and I caught the 2nd half of the NYMEX opening run. We could've all just shorted 6E and come back end of day to close :eek:
So far this has gone over like a lead turd. I went short 3 qm's at .45 and got stopped out of 1 at .62. My 1st take profit target is at 90.90.
CL feb short 91.50 I guess cl close between 91 and 90 today as market makers wanted to pocket both 91 calls and 90 puts money