CL Redux

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

  1. NoDoji

    NoDoji

    Yes, closes at 2:25pm. Some fine signals today on both CL and ES. Tomorrow should be good too with all the news hitting the wire early on.

    "You can call me Al..."

    - You Can Call Me Al, Paul Simon

    OK enough damn song quotes...
     
    #9121     Jul 29, 2010
  2. Why not 1 call and 1 put.
     
    #9122     Jul 30, 2010
  3. The Call strike price 85 is also in 0.25 ($250), so you could do a nice spread Call 85 put 70 for $500 ..........I see it as a win win situation. Unless we stay flat in 77 the whole month of August.

    Be aware options expiration is 3 days before contract expiration.
     
    #9123     Jul 30, 2010
  4. NoDoji

    NoDoji

    I'd prefer to trade a basic call or put play off an extreme. Holy crap, I covered my short way too soon here!


    Edit: Why is it when I patiently try to let a winner run, it comes all the way back to stop me out b/e and when I take profits on the first pivot, expecting a decent re-entry on the pullback, it just wiggles 10 ticks and continues without me???
     
    #9124     Jul 30, 2010
  5. Picaso

    Picaso

    Consistency, Nodoji, consistency. No picking, take every signal. Go girl, you can do it!!!

    [Edit]: And I realize you're a way better trader than me, not being condescending or anything, it's just that watching your progress as a trader is like watching a movie and wanting to yell to the heroine: "Behind you! Behind you!" :)
     
    #9125     Jul 30, 2010
  6. You seem to cover too soon many times. The thing you need to keep in mind is that you get 2-3 bars at the tops and bottoms
     
    #9126     Jul 30, 2010
  7. Do you guys see the Cup and handle that is developing in the 5 min chart?
     
    #9127     Jul 30, 2010
  8. feels weak right now, we're not following the upward climb in equities
     
    #9128     Jul 30, 2010
  9. Picaso

    Picaso

    Dollar weakness into the European close preventing us from breaking to the downside?

    If it can't go any lower, does that mean it's going higher?

    Everyone in STFU-and-trade mode or on vacation already? :D
     
    #9129     Jul 30, 2010
  10. Picaso

    Picaso

    It's going for the stops!!! :eek:
     
    #9130     Jul 30, 2010