CL Redux

added to position, avg 9605

edit: should be 7905

 

We need the S&P to break 1110 in order to see a spike on CL :S

 

Yes, but CL didn't even really try to break when euro was going through the roof

 

there seems to be weakness in oil today, but we need for euro and ES to back off for a drop

 

Yes sees like Oil is running out of steam (long term speaking). The only that has keep oil in 79 ish today is the Euro, IMHO.

 

we r flat!!!!!!!!!!!!!!!!!, the funny thing is that Euro has hit a new high for the last 3 months (1.30), and still we don't react to it.

Maybe we are staging for a big drop either late today or tomorrow?

 

It's never what it seems - I say a fake and then the real move

 

honestly I hate this type of market, I like more directional market ... seems in the last couple of days that CL is running on his own!, and today it's just flat so far.

 

Had a CL trade long, when it started to move in my favor, I moved stopped up and got stopped out for 1 tick loss.

If I left stop alone which I plan to do next time, I would have made money.

On NG, I went long, wanted 20 ticks, but it hit resistance, and started to go down, so I settled for 10 ticks.

If I was doing more contracts, I guess I could scale out, but want to get more confident in my trading and entries, targets, and stops.

 

So, how many more days can they prop this thing up?