Very nice trade. You had some good trades today as usual. ADD Saw the wrong amount. Sorry. But you did well today didn't you? Off to watch the game. Have a good night all.
Oops, that's a typo. It should be 102.60. But thanks all the same. I believe everyone came away with little bits of unexpected crumbs...except Nod of course.
$1043 = some good bits of maybe more expected crumbs. ADD Charles Barkley just told the Heat to "quit crying like a little girl." LOL He said, "Hey, you guys are the ones that said you were going to win 8 championships."
scared,dead,then live! when the news is out, I sat my short at 102.38 with 3 contracts, and froze. I was down almost 5.5k, almost paniced, just keep telling myself "holy shit, why not have a stop loss there, I was trapped"! when I saw 104+, I couldnot resist to adding another 3 contracts. almost wanted to get out in the first dip around 103.3, but glad I did not,when it retraced back to103.3, I added another 3 contracts, covered 6contracts at 102.63, and left 3contracts there, finally covered at 102.3! felt very good and very good about today's results. it seems I defeated the market! cheer
I'm with you on that 100%. I had a trade early this morning, a short I took expecting a break of the 102.36 low at the time. Price came in to that level quite fast and I grabbed on my b/e stop order, started to drag it to lock in 20 ticks profit in case the breakout failed and price found support @ .37 and bounced so fast that before I knew what happened, my b/e stop was taken out. From +.27 to +.01 just like that. I'm always torn between grabbing profit and letting it run, because of the amazing ability of CL to just retrace in a minute or two. I normally play my trades in chunks because of that, rather than holding. Our ATS shorted 103.11 today (when I shorted 103.16) and I took profit @ 102.35, then shorted twice more off the shallow pullbacks. The ATS held the position all the way down for a single 187-tick trade. But the ATS also allows 40-50 tick trades reverse to very small profits because it's programmed to let the big ones run.
Just don't place your stop 1-tick above or below the S/R. I can't tell you how many times I got roasted by a large slippage. This is especially true on a day of selloff like this morning. Incidentally, I did in fact slip today.
Powerful earthquake shakes Japa ------ << is this causing oil drop , $1 down.????>>> The magnitude 8.9 temblor struck at 2:46 p.m. local time and was centered near the east coast of Honshu, about 231 miles northeast of Tokyo, according a revised reading put out by the U.S. Geological Survey. The quake was the strongest recorded on the Japanâs earthquake scale since 1995, according NHK. A tsunami warning was issued for Japan, Russia, and the Mariana Islands, the Pacific Tsunami Warning Center said` The agency also put the territories of Guam, Taiwan, the Philippines, the Marshall Islands, Indonesia, Papua New Guinea, Nauru, Micronesia and Hawaii under a lower tsunami watch. The agency said areas along the Japanâs coastline near the epicenter may been affected by a destructive tsunami. Japanâs Nikkei Stock Average (JP:NI225 10,254, -179.95, -1.73%) _fell after news of the earthquake circulated, ending 1.7% lower. The Japanese yen also lost ground, with the U.S. dollar (USDYEN 83.1700, +0.3000, +0.3618%) _coming off the dayâs low at 82.75 yen; the greenback was buying 83.20 yen, compared with 82.92 yen the previous day.