CL Redux

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

  1. Between 3:38 (he moved his stop) and 3:43 (he covered), anything was traded at 74.66?

    maybe in the dark pool.
     
    #1481     Jan 26, 2010
  2. EON Kid

    EON Kid



    Dude, I checked the tape for ya, lots of prints at 74.66 at 10:43


    You must get anxious leading into the oil inventories?
     
    #1482     Jan 26, 2010
  3. Hist post was between 10:43-10:44
    On a 1minute chart: low 7459, high 7470
     
    #1483     Jan 26, 2010
  4. Changed to scale out at 7507 ,17 ,27
     
    #1484     Jan 26, 2010
  5. Long 74.63
     
    #1485     Jan 26, 2010
  6. I feel good about this one. Placing a wide stop and wide price target

    SL at 73.70.
    PT at 78-ish for now.
     
    #1486     Jan 26, 2010
  7. usman88

    usman88

    exited this trade today for mere 10 ticks profit pet lot at 74.85. A vbad trad considering I had the oppurtunity of getting over 70 ticks profit within hour of the entry which I didn't availed.

    Anyways technicals indicate a drop uptill 72.60 therefore o am currently short at 74.80
     
    #1487     Jan 26, 2010
  8. Over my dead body! :D

    Just curious. How did you come up with the target?
     
    #1488     Jan 26, 2010
  9. We shall know at 430 est today
     
    #1489     Jan 26, 2010
  10. Here's what I think will happen. Initially, they'll try to push this market down. But after two or three attempts, it will quickly reverse course and rip higher. Of course, take everything I say with a grain of salt.
     
    #1490     Jan 26, 2010