CL Redux

Based on FTSe's reaction to this number......melt up day on the US indices is most likely...

 

1/3 +.01

 

Limit in L81.37 s81.25

*Limit in S81.02 not sure of definite stop yet

 

Nice thread guys. It will be great help for CL newbie if you can also post a chart with the logic behind your entry, stop and exit. I know that it is not possible during market hours but please try to do it in after hours.

STOP is your best hedge my friend. U need no hedge if unless your time-frame is in days or months.

Over engineering should be avoided at all cost.

 

L81.27 s/reverse 81.02 limit (L81.37 limit order cancelled)

 

When CL gets a move on, a stop is about as effective as a stop sign is for a runaway truck :eek:

 

*-0.25

Limit S81.02 filled, monitoring stop

*2/3 +0.36

 

Hello folks,

It was volatile right out of the gate. Good luck!

 

Short 80.83

Stop 81.03

 

Out 80.63