CL Redux

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

  1. EON Kid

    EON Kid

    what could drop this market? Gaddafi assassination?

    In October 1993, elements of the Libyan Army unsuccessfully attempted to assassinate Gaddafi

    An alleged plot by Britain's Secret Intelligence Service to assassinate Gaddafi, when rebels attacked Gaddafi's motorcade near the city of Sirte in February 1996, was denied by former foreign secretary Robin Cook

    nice one Vis
     
    #18141     Mar 22, 2011
  2. BCE

    BCE

    Sorry about your losses. Been there. It's hard. We're all learning what works and what maybe doesn't in any given market. We win some and lose some and hopefully learn in the process and do better next time. Onward and upward.
     
    #18142     Mar 22, 2011
  3. BCE

    BCE

    It seems that even if they offed Gaddafi his sons would just step in.
     
    #18143     Mar 22, 2011
  4. Couldn't some special ops guy put two in his head and not even been seen or do I play to many video games?? Oh yeah ummm sell sell sell at 103.85
     
    #18144     Mar 22, 2011

  5. Stop placed at 104.38.
     
    #18145     Mar 22, 2011
  6. Visaria

    Visaria

    Thanks chaps. Probably the worst session trading oil in weeks. I wonder if the easy money/trades are over...

    You know, it's not so much the losses but the constant whipsaws. Loss after loss hurts. I nearly didn't take that last trade.
     
    #18146     Mar 22, 2011
  7. BCE

    BCE

    Quite a long red 30 min candlestick for ES. It didn't like the spike in oil.
     
    #18147     Mar 22, 2011
  8. When trading Countertrend against a strong trend, it is imperative to wait for the signal bar to close before you place your order, and then only enter on a stop at 1 tick beyond the bar in the direction of your trade (if you are buying, buy at 1 tick above the high of the prior bar on a stop).
     
    #18148     Mar 22, 2011
  9. hey guys and gals... this thread is one of the best on ET.. most of the people on here are respectful and try to stick to the point of trading rather than bashing. Yes i undersand not everyone always shows a trade, but how many trades do we think about and not take?.... a lot.. so I say keep up the great work.. and I agree.. BCE oil rally not good for stocks.

    I have been wrong wrong and wrogn again in oil.. it is hard enough to try and forecast it in the next hour let alone the next 2-3 days
     
    #18149     Mar 22, 2011
  10. BCE

    BCE

    But you did. I'm the one that didn't take it. I was chatting it up with you here. :) Plus I'm doing some other work I need to finish which is a distraction. I was considering shorting at the PP at 103.23. Glad I changed my mind.

    Do I at least get a cut for posting those bullish articles? Ha. :)
     
    #18150     Mar 22, 2011