CL Redux

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

  1. that little retracement off the trenline break was pretty weak, got sold into fast.
     
    #7111     May 16, 2010
  2. look out below.
     
    #7112     May 16, 2010
  3. buyers came in off the downtren line break to the upside.
     
    #7113     May 17, 2010
  4. schizo

    schizo

    Raising the stop to 70.19

    I use stop market order. When I use a stop limit, too many times it would leave me behind. Hence I never use SL in the AH session when I'm not particularly active.
     
    #7114     May 17, 2010
  5. not a bad spot, next buying opp might be 70.10 with a stop at 70.06, if we break 70.20. right now bots trading like hell in euro, es, cl.
     
    #7115     May 17, 2010
  6. lets see if the euro breaks above 122.90
     
    #7116     May 17, 2010
  7. nope still in bot trading range.
     
    #7117     May 17, 2010
  8. broke above 122.90 level, next 123.00, maybe a runnup through the euro open is possible tonight.
     
    #7118     May 17, 2010
  9. 70.48 stops just got taken out.
     
    #7119     May 17, 2010
  10. S you could move your stop up to 70.35 as that would be a trendline breakout to the downside if it occurs, and buy back in at 7.20 with a tight stop to see if it holds.
     
    #7120     May 17, 2010