I had 1 CL trade today. Bought around 10am, 74.21s and 74.29s. Made about .30, but left another .40 or so on the table. The quick nature of CL is a double edge sword for me, it can move so fast I forget that I still need to be patient in my trades. But Ive been trading more gold and nat gas lately as well. And ES has been rockin.
I think people have migrated back to ES for the time being, myself included. Once the volatility drops, I'm sure we'll be pouring back into CL.
We've had 3 years of excellent volatility during summer. I get the feeling this one may be slow - for ES
No doubt - if you are playing for 50+ moves you are getting stopped or ticked out like crazy this week. Gotta know your market, that's for sure.
lmaoooo THIS IS RIDICULOUS shorted @ 74.37 ..stopped out @ 74.57 ... and BAM!!! DRops 1$ ++ ....ahahahahahha wow this just made my memorial day weekend..
LOL it happens in CL man. It pretty much followed that big drop/bounce in the ES. I got a quick long scalp on the green bar after the hammer on the 5min chart, +0.15 on 2 lots.