CL Redux

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

  1. spd

    spd

    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.
     
    #7651     May 28, 2010
  2. EON Kid

    EON Kid

    Monday is Memorial day holiday
     
    #7652     May 28, 2010
  3. schizo

    schizo

    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.
     
    #7653     May 28, 2010
  4. ammo

    ammo

    i think cl is easier to tradde on these days taking 20 =30 cent moves on 2 4 or 6 contracts
     
    #7654     May 28, 2010
  5. EON Kid

    EON Kid

    We've had 3 years of excellent volatility during summer. I get the feeling this one may be slow - for ES
     
    #7655     May 28, 2010
  6. 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.
     
    #7656     May 28, 2010
  7. lmaoooo THIS IS RIDICULOUS shorted @ 74.37 ..stopped out @ 74.57 ... and BAM!!! DRops 1$ ++ ....ahahahahahha wow this just made my memorial day weekend..
     
    #7657     May 28, 2010
  8. spd

    spd

    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.
     
    #7658     May 28, 2010
  9. spd

    spd

    I have a S/R line from yesterday on my chart @ 73.68, it looks as if it is still being respected.
     
    #7659     May 28, 2010
  10. Are we open Monday in the NYMEx? and at what time?

    thanks.
     
    #7660     May 29, 2010