CL Redux

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

  1. out flat 81.84
     
    #26601     Sep 22, 2011

  2. damn. dxy pulled back and cl jumped 30 ticks. 81.60 seems to be where buyers are - micro

    scalping thats all one can do, unless hold like DC does for an hour or so.
     
    #26602     Sep 22, 2011
  3. long 81.72 out some 81.92. stop loss 81.59.

    not a good risk/reward
     
    #26603     Sep 22, 2011
  4. out flat 81.94
     
    #26604     Sep 22, 2011
  5. Visaria

    Visaria

    short 8180
     
    #26605     Sep 22, 2011
  6. hammering away at my machine. need to recalibrate. off by 10 ticks! :mad:
     
    #26606     Sep 22, 2011

  7. LIS for micro bulls 81.14 area.

    LIS= Line in the sand
     
    #26607     Sep 22, 2011

  8. Amazing 81.60 micro bulls level. back and forth till bears won.

    However, there were some nice ticks between 81.70 to 82.20.

    This kind of level does not show up on charts. It's a level for the pleasure of day traders if they choose to trade.

    I personally prefer this kind of set up - put stop loss in and keep cranking till level is broken.
     
    #26608     Sep 22, 2011
  9. Visaria

    Visaria

    out at 8130, +50
     
    #26609     Sep 22, 2011
  10. risk of 10-15 ticks till luck runs out and make 50-90 ticks. If lucky stars come in, 82.40 breaks and have some more nice ticks.
     
    #26610     Sep 22, 2011