It's amazing what yesterday looks like on the 60-minute--just looks like it went down some and up some but stayed in pretty much the same range as the last few days--rather ho-hum. Sure felt a lot different than that in real time, though.
Ah, I see the resistance at 113.15 that you were looking at. I may need to get long on a return to that now that we've busted through.
ADD: And the chop chops on . . . still waiting.
The 60-minute looks bullish to this wide-eyed noob, and I wasn't around to catch it at .47, so I'm looking for a place to get long--probably somewhere around a return to the 20 EMA on a 5-minute chart.
Thinking of putting in a buy limit order at 111.20 or so with a stop loss at 110.98 or so--maybe I could catch an overnight dip and then IV's bull run. Cheers or jeers?
Ah, well I guess they've both been following the eur/usd. I've got YM and CL both up, and they keep both selling off or rallying at the exact same time.
I wanted to play the possible triangle break there as well, but I couldn't decide where to put a stop for a clean get-away. And then I wasn't sure where to put a stop loss if I were to pre-position. So, good trade, I couldn't figure that one out.
Well, I'm gonna pat myself on the back. Time was (i.e., last week) I would trade the hell out of a day like today based on my vague beliefs about "she looks like she's gonna go up/down" and end up down $200 to $500 in 20 trades. Today I traded CL once and YM once and made $430.
I think I'm...