CL Redux

Out 80.25

 

Does anyone think this is just a pause between a Measured Move from this morning at 81.65? That would place the target down at 79.

 

unfortunately for me i never saw your ES
journal, but what i mean by 'seat of the
pants" is i see you sitting there no gadgets
just nailing it with real talent.

 

Let's see if this will pan out as expected.

 

Long 80.06

Stop 79.89

 

still not willing to stay below 80

 

does anyone use vwap? i've been waiting for a rise to the vwap - missed it by 2 ticks (80.67) messing with my son (no school today). If it gets back up (currently 80.53) I'll short.

 

Thanks for the compliment. Of course, CL is a lot more crazier than ES and it calls for crazy folks like me to join the fray.

On a more serious note, I'm only trading 3 lots to drastically reduce my exposure. Plus I still don't fully understand how this market works. Until then, I'll be trading small.

 

I don't use VWAP but I believe JSS does. (Don't you JSS?). Them ES folks. They can't live without their VWAP.

 

Out 80.50

It actually went up to my sell stop at 80.57 but the damn thing didn't give me a fill!