CL Redux

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

  1. schizo

    schizo

    Speaking of PP, any consensus on where the low might be?
     
    #15391     Feb 15, 2011
  2. BCE

    BCE

    Yesterday's LOD was 84.58. Testing that level here.
     
    #15392     Feb 15, 2011
  3. EON Kid

    EON Kid


    you may get your wish Mr bear, no idea really, except down
     
    #15393     Feb 15, 2011
  4. tzachi

    tzachi

    IV,

    Some trades you get out with a small loss of 10-15 ticks when price goes against you.

    Some calles you hold an open postion for 50-60 or more DD.
    Do you trade without stop loss?
    Any rational to support it?
     
    #15394     Feb 15, 2011
  5. EON Kid

    EON Kid

    #15395     Feb 15, 2011
  6. tzachi

    tzachi

    #15396     Feb 15, 2011
  7. schizo

    schizo

    Have you noticed that the selloff is very, very orderly. You would think the bulls would head for the exit in en masse by now.

    Do I smell a dirty trick? We shall see.
     
    #15397     Feb 15, 2011
  8. BCE

    BCE

    It's just one of the available indicators that comes with it. There's an icon at the top of the chart.
     
    #15398     Feb 15, 2011
  9. BCE

    BCE

    I was wondering about what might happen going forward toward expiration.

    BTW my S1 is 84.32 which it just hit and broke down through. Not seeing any big rush to cover shorts here. But may get some bounce at this level. Although the other ones failed. Somewhere it will bounce even if it's a dead cat. (Disclaimer: No actual cats were harmed in this market movement. :))
     
    #15399     Feb 15, 2011
  10. tzachi

    tzachi

    Got it, thx.
     
    #15400     Feb 15, 2011