CL Redux

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

  1. Blotto

    Blotto

    Ok, that is more reasonable. You may get a chance at that now. Last .55.
     
    #6101     Apr 27, 2010
  2. Blotto

    Blotto

    Problem with stop at 76 is that it is likely you would have been high ticked. Best to get out and back in in those cases. There was a chance to sell again as it crossed 60 to the downside the third time.

    You got it - did you take profit?
     
    #6102     Apr 27, 2010
  3. Out 82.35, I consider that low 82's but I have been drinking too much vodka.


     
    #6103     Apr 27, 2010
  4. NoDoji

    NoDoji

    I hesitated at the "get back in " part, right around 82.55. Booking a nice profit today and got protective all of a sudden.
     
    #6104     Apr 27, 2010
  5. Well I jumped in for you @ 55 and I was shocked my 5¢ stop didn't get taken out. got out at peak volume for +21
     
    #6105     Apr 27, 2010
  6. Blotto

    Blotto

    Shame, this looks like it will keep sliding.

    Not to worry - just carry on booking nice profits each day and soon there will be no hesitation.
     
    #6106     Apr 27, 2010
  7. NoDoji

    NoDoji

    Calling it a day with CL, +$426.

    Best trade today was an ES momentum trade during the selloff, 2 lots short @ 1194.50, covered 5 mins later @ 1188.50 for +592.

    I attached my blotter for timing, but I think I called my trades pretty close to real time, except the early scratch trade, no time to post.
     
    #6107     Apr 27, 2010
  8. Blotto

    Blotto

    Very close to end of day. I'd cover
    (intraday) shorts here.
     
    #6108     Apr 27, 2010
  9. Blotto

    Blotto

    Good trading. I don't understand the first CL trade though. A brain fart? Don't ever sell in that location. No trade there.
     
    #6109     Apr 27, 2010
  10. NoDoji

    NoDoji

    Shorted when price pulled back from a lower high through the 20MA, but exited b/e when there was no follow through. I need follow through out of narrow ranges or I'd rather bail and re-evaluate.
     
    #6110     Apr 27, 2010