CL Redux

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

  1. cstfx

    cstfx

    closed out 72.125

    total for day for crude:

    +50, +20, +0. -45, +62.5

    Getting better but still need more work identifying better entry points and targets. Still only trading QM, not the full contract, but like I said yesterday, trading the mini's while I am learning I think gives me more time to allow a trade to develop and I don't get distracted by "how much I am losing" since every tick on the full contract is $10.
     
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    #7441     May 19, 2010
  2. just back to the desk, looks we are climbing, long at 72.6 stop 72.4
     
    #7442     May 19, 2010
  3. Picaso

    Picaso

    Nice job! Before switching to the full contract you may want to consider adding 1 or 2 mini contracts as your position moves in the money (which has the downside, however, that you will be stopped out at BE more often).

    No trades here, missed a couple of fills and just didn't see the market clearly with euro going haywire.
     
    #7443     May 19, 2010
  4. stop to b/e

     
    #7444     May 19, 2010
  5. Just in case anyone is interested, TF's RTH range today has been almost double that of ES. Surprisingly, it even beat out CL today, thus far.
     
    #7445     May 19, 2010
  6. stop to 72.9

     
    #7446     May 19, 2010
  7. out at 73.07 (sorry could not post it real time because the site did not allow me)

     
    #7447     May 19, 2010
  8. mabenn

    mabenn

    Peak performance course by Van Tharp at www.iitm.com

    a 3-6 month course on YOU.
     
    #7448     May 19, 2010
  9. You'd best keep a close eye on your wallet in the presence of someone pushing NLP.

    [​IMG]
     
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    #7449     May 19, 2010
  10. those shorts sure don`t want to take delivery in the june contract:)
     
    #7450     May 19, 2010