CL Redux

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

  1. Picaso

    Picaso

    Pit traders realizing they're caught?

    Edit: Anyone getting long at 76.13?
     
    #9611     Aug 18, 2010
  2. With the amount of liquidity in the sept contarct I would think anyone left in it wants to take or give delivery. open interest in it is only 66840.
     
    #9612     Aug 18, 2010
  3. Picaso

    Picaso

    (This trade is in sim - past my deadline - anyway I'm still freezing like a deer in the headlights, what a month)

    stop limit (2 tick offset) at 76.13 to go long; stop 20 ticks, will trail; target around 50 ticks.

    No add-ons; might reverse.

    Edit: it has to hit it before the close of the pit

    Edit 14:30 ET: canceled.
     
    #9613     Aug 18, 2010
  4. that's correct the 1st exit takes the loss and then shows the new avg. I'm just looking at the TOS DOM thing. Either way two trades turned a $900 down day into $187 up day. Now that I'm outta everything. I'm trying to buy an oct 76 put.
     
    #9614     Aug 18, 2010
  5. NoDoji

    NoDoji

    I had a buy stop sitting at that level :D
     
    #9615     Aug 18, 2010
  6. Picaso

    Picaso

    Congrats RA. I mentioned it because my platform uses different calculation methods for P&L in the DOM and P&L in the Positions tab (LIFO vs. FIFO) and with more complicated positions sometimes it's hard to know exactly where you stand as you add and take out.
     
    #9616     Aug 18, 2010
  7. Is anyone looking to get long at 75.30?
     
    #9617     Aug 19, 2010
  8. hmmm maybe 72 might be better
     
    #9618     Aug 19, 2010
  9. Im trying to do just es today. cl has been a pita to me this week.
    Not a bad place to get long right now. Stop out on lower lows though.
     
    #9619     Aug 19, 2010
  10. Picaso

    Picaso

    Long ES or CL?
     
    #9620     Aug 19, 2010